Billion entrepreneur Elon Musk on Thursday shared a video snippet on X of Palantir Technologies co-founder Peter Thiel applauding his penchant for risk. Thiel’s The Founders Fund is among the backers of Musk’s SpaceX and the two worked together at PayPal in the 2000s.
What Happened: The snippet shared by Musk is from a longer conversation that Thiel had with journalist Andrew Ross Sorkin in late June at the Aspen Ideas Festival in late June.
"You know, when Elon was building both Tesla and SpaceX in the 2000s, people thought he was just really, really crazy. I think even those of us who had worked with him at PayPal, I mean, there's this PayPal book that David Sacks and I thought of writing, and the Elon chapter was titled something like, "The Man Who Knew Nothing About Risk",” Thiel said.
“There are all these crazy Elon stories I could tell… If one of the two companies had succeeded, you would say, "Well, maybe he still got really lucky," but when two out of two companies that people thought were completely harebrained in the 2000s, ...