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SpaceX has the potential of saving the U.S. government $1 billion a year. We are opposed to creating an entrenched monopoly with no realistic means for anyone to compete.

Elon Musk

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Elon Musk
Age: 53
Born: 1971
Born: June 28
Actor
Aerospace Engineer
Engineer
Entrepreneur
Inventor
Investor
Programmer
Pretoria
South Africa
Elon Reeve Musk
Elon R. Musk
Elon R Musk
Years
Saving
Potential
Entrenched
Creating
Monopoly
Year
Compete
Anyone
Billion
Means
Realistic
Government
Opposed
Mean
Billions

More quotes by Elon Musk

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The first step is to establish that something is possible then probability will occur.
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I'm increasingly inclined to think there should be some regulatory oversight, maybe at the national and international level just to make sure that we don't do something very foolish.
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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.
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Engineering is the closest thing to magic that exists in the world.
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I always see what’s... wrong. Would you want that? When I see a car or a rocket or spacecraft, I only see what’s wrong. I never see what’s right. It’s not a recipe for happiness.
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If you go back back a few hundred years, what we take for granted today would seem like magic - being able to talk to people over long distances, to transmit images, flying, accessing vast amounts of data like an oracle. These are all things that would have been considered magic a few hundred years ago.
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It's a fixer-upper of a planet but we could make it work.
Elon Musk
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I started SpaceX with the expectation of failure.
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It was obvious to me that we could never colonize Mars without reusability, any more than America would have been colonized if they had to burn the ships after every trip.
Elon Musk
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I could either watch it happen or be a part of it.
Elon Musk
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Physics is really figuring out how to discover new things that are counterintuitive, like quantum mechanics. It's really counterintuitive.
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With artificial intelligence we are summoning the demon.
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The thing that's worth doing is trying to improve our understanding of the world and gain a better appreciation of the universe and not to worry too much about there being no meaning. And, you know, try and enjoy yourself. Because, actually, life's pretty good. It really is.
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Government isn't that good at rapid advancement of technology. It tends to be better at funding basic research. To have things take off, you've got to have commercial companies do it.
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I think the high-tech industry is used to developing new things very quickly. It's the Silicon Valley way of doing business: You either move very quickly and you work hard to improve your product technology, or you get destroyed by some other company.
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The idea of lying on a beach as my main thing just sounds like the worst. It sounds horrible to me. I would go bonkers. I would have to be on serious drugs. I'd be super-duper bored. I like high intensity.
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The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.
Elon Musk
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Many things are improbable, only a few are impossible.
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We need to figure out how to have the things we love, and not destroy the world.
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America is the spirit of human exploration distilled.
Elon Musk