Elon Musk’s Failures (English Content)

“Every failure means you’re getting closer to successful.”

This sentence is the replace of Elon Musk. The establishment or management of companies such as PayPal in the commercial sector, Tesla in the automotive sector, SpaceX in space work, and SolarCity in sustainable energy have also made Musk the genius of the time.

We always use the words success and gain about Elon Musk. However, we cannot realize disapointments until this situation. Because failure is not as interesting as success, and only success is remarkable. Elon Musk has come to these days by experiencing these disapointments and has become a very successful entrepreneur in terms of failure. So we have a lot to learn from his past. Here are Elon Musk’s failures.

1 – Unsuccessfully applied for a job at Netscape – 1995

2 – Removed as CEO of his own company Zip2 – 1996

3 – The first PayPal product was voted as one of the 10 worst business idea – 1999

4 – Crashed his newly bought McLaren F1 worth 1 Million$ – 1999

5 – Fired from Paypal while on a honeymoon – 2000

6 – Almost died from cerebral malaria. Quote: “Vacation will kill you.” – 2000

7 – Russians refused to sell him rockets to send mice or plants to Mars. – 2001

8 – Russians turned him down again. “Young boy. No.” The impetus behind SpaceX – 2002

9 – 1st evet rocket launch and 1st explosion. – 2006

10 – 2nd rocket launch and 2nd explosion. – 2007

11 – 3rd rocket launch and 3rd critical failure – with NASA satellites onboard. 2008

12 – Top Gear portrayed Tesla Roadster as a barely running science experiment. Musk later admitted the car was a disaster. -2008

13 – Both Tesla and SpaceX on the brink of bankruptucy. – December 2008

14 – 1st rocket failure during experimental droneship landing. Allowed SpaceX to collect critical data that has subsequently allowed to land a number of first stages. – 2013

15 – 4th rocket explosion at launch. 2nd and 3rd explosions during experimental droneship landings. -2015

16 – Model X deliveres delayed more than 18 months. -2016

17 – 5th rocket explosion during test with Facebook’s AMOS-6 satellite for Africa onboard (worth $300M)

18 – They said they “couldn’t rule out that the explosion wasn’t caused by a UFO.”

19 – 4th, 5th and 6th failures during experimental droneship landings. (The respective missions were successful though) -2016

NOW

In the end, Elon Musk mastered the art of failing successfully. His net worth is $14,8 Billion