PayPal

I could either watch it happen, or be part of it.

Elon Musk

Well, I have tried to learn as much as possible from prior attempts.

Elon Musk

If nothing else, we are committed to failing in a new way.

Elon Musk

One was the Internet, one was clean energy and one was space.

Elon Musk

I didn’t really expect to make any money. If I could make enough to cover the rent and buy some food that would be fine. As it turns out, it turned out to be quite valuable in the end.

Elon Musk

If you wanted to be close to the cutting edge, particularly in technology, you came to North America.

Elon Musk

This is the chance to fulfill a dream.

Elon Musk

I’m nauseatingly pro-American. It is where great things are possible.

Elon Musk

As life’s agents, it’s on our shoulders.

Elon Musk

I don’t have an issue with serving in the military per se, but serving in the South African army suppressing black people just didn’t seem like a really good way to spend time.

Elon Musk

I think South Africa is a great country.

Elon Musk

Tuition costs are outrageous. Fortunately, they gave me a scholarship…so I only had to cover living expenses, books, etc., by working.

Elon Musk

We could figure out ways with small aerospace companies to do a low-cost spacecraft and lander. But we could not find a way to do a low-cost launcher, unless we went to the Russians.

Elon Musk

The answer was we thought it could be done.

Elon Musk

There is nothing inherently expensive about rockets. It’s just that those who have built and operated them in the past have done so with horrendously poor efficiency.

Elon Musk

Falcon One is going to be the lowest cost per flight to orbit of any production rocket.

Elon Musk

Which means we’re cheaper than the Chinese, cheaper than (the) Russians or anywhere else – and we’re doing it in the United States with American labour costs.

Elon Musk

I think the reason it’s cheaper is, first of all, we are a private entity and we have a very lean system in here. What we have been able to do here at SpaceX is to cherry-pick, you know, the top one or two percent and give them, you know, capital to execute well and a clear mission, which is low cost, reliable access to space, and no other constraints.

Elon Musk

There’s a graveyard of prior attempts, a big graveyard. There’s probably some freshly dug graves just waiting to be filled. Out aspiration is to avoid that destination.

Elon Musk

I think we’ve got the risks pretty well characterized. I think we are at least avoiding the mistakes that have been made in the past.

Elon Musk

I think the rocket business is quite cyclic. There are a great many peaks and troughs.

Elon Musk

Imagine creating a huge software program that can only be tested in little pieces on a computer that is slightly different from what it is supposed to run on. However, when you do run it as a whole on the actual computer for the first time, it must run almost flawlessly without a single significant bug. When is the last time you saw a software program do that?

Elon Musk

When thinking about starting a business, I think it’s actually better to start in a trough and come to market in a peak, than the other way around. Frankly, if anything does, and it’s almost cliché, space has a long-term future.

Elon Musk

I want to be able to make sure that we have enough capital to survive at least three consecutive failures. If you want to make a small fortune in the launch vehicle business, start with a large one.

Elon Musk

The long term ultimate objective – the holy grail – is we would like to help make life multi-planetary.

Elon Musk

We got to the moon, but have never done anything better since. I’m disappointed that we have not made more progress since Apollo. I don’t even see a plan that says we’re going to do better than Apollo to exceed that goal.

Elon Musk

I like to be involved in things that change the world. The Internet did, and space will probably be more responsible for changing the world than anything else. If humanity can expand beyond the Earth, obviously that’s where the future is.

Elon Musk

If we can be one of the companies that makes it possible for humans to become a multi-planetary species, that would be the Holy Grail. It sounds a bit crazy but it’s going to happen, and only if people build the means to do so. We’re making progress toward a greater philosophical goal while building a sound business.

Elon Musk

When Henry Ford made cheap, reliable cars people said, “Nah, what’s wrong with a horse?” That was a huge bet he made, and it worked.

Elon Musk

It doesn’t do a great deal to advance the goal of humanity. I would pay $20 million not to spend six months in Russia. And besides this, my interest is how do we enable many other people to go to space, not necessarily me, personally.

Elon Musk

If we can build something that is capable of taking people and equipment to Mars, such that it can service a transportation infrastructure for humanity becoming a multi- planet species – which I think is a very, very important objective – then I would consider the mission of SpaceX successful, at that point.

Elon Musk

We are used to things improving every year; we are used to having a better cell phone next year than this year; a better lap top. We are even used to some basic things, like we expect more from your car in next year’s model than last year’s model. But this is not the case in space; reliability and cost – those are the fundamental parameters of transportation – have not improved.

Elon Musk

Starting and growing a business is as much about the innovation, drive and determination of the people who do it as it is about the product they sell.

Elon Musk

So even if a fire develops, it can’t really attack the particularly vulnerable locations like the pneumatic system or the avionics or the engine bay. We want to be in the situation that even if a fire develops, the rocket just keeps going.

Elon Musk

A great deal of bargaining power with suppliers. We are never locked in to anyone.

Elon Musk

I think it is a mistake to hire huge numbers of people to get a complicated job done. Numbers will never compensate for talent in getting the right answer (two people who don’t know something are no better than one), will tend to slow down progress, and will make the task incredibly expensive.

Elon Musk

My approach is simply to seek out very talented people, ensure that the environment at SpaceX is as motivating & enjoyable as possible and establish clear & measurable objectives.

Elon Musk

Rocket engineering is not like ditch digging. With ditch digging you can get 100 people and dig a ditch, and you will dig it a hundred times as faster if you get 100 people versus one. With rockets, you have to solve the problem of a particular level of difficulty; one person who can solve the problem is worth an infinite number of people who can’t.

Elon Musk

I think that is a mistake and results in cloudy judgment on important technical issues. They can’t tell if something is really good or not, so they just do what everyone else does, assuming it to be the safe bet.

Elon Musk

We’re adding a triple sign-off for all work done on the launch pad, on flight components, and flight critical GSE. You have a technician, a responsible engineer, and then quality assurance will sign the final, record all information, and take photographs of all the work that was done, and then make sure that all information is put into our quality assurance database, which is reviewed prior to launch.

Elon Musk

Although I am new in the business, my team is not. I would say that, person for person, there has never been a better rocket company in existence, in history. I don’t think there has ever been a group this talented in one place, in one company, developing a rocket – ever.
If you have millions of dollars it changes your lifestyle, and anyone who says differently is talking bullshit. I don’t need to work, from a standard of living point of view, but I do, you know. I work every day and on weekends and I haven’t taken a vacation for years.

Elon Musk