Elon Musk
Engineer and serial founder. Elon Musk (born 1971 in Pretoria, South Africa) sold a BASIC game to a magazine at twelve, left for Canada at seventeen, and abandoned a Stanford physics PhD after two days to build Zip2, which Compaq bought in 1999 for $307 million. X.com, founded with the proceeds, merged into PayPal and sold to eBay in 2002 for $1.5 billion. He founded SpaceX that March and funded Tesla in 2004, nearly losing both in 2008 before Falcon 1 reached orbit on its fourth attempt. He is known less for invention than for driving down the unit cost of hard manufacturing — rockets, batteries, cars — by attacking the process rather than the part.
Which books are linked to Elon Musk?
These are examples from the documented shelf. Each label describes the connection; a book on the shelf is not always a recommendation.
- Structures: Or Why Things Don’t Fall Down by J. E. Gordon — Publisher endorsement. Source
- Ignition!: An Informal History of Liquid Rocket Propellants by John D. Clark — Recommendation. Source
- Benjamin Franklin: An American Life by Walter Isaacson — Praise reported by Inc./Business Insider. Source
Contents
Career highlights
- 1971Born 28 June in Pretoria, South Africa, to Errol Musk, an electromechanical engineer, and Maye Haldeman, a Canadian-born model and dietitian.
- 1983At twelve, sold Blastar — a space shooter he wrote in BASIC — to PC and Office Technology magazine for about $500.
- 1989Left South Africa at seventeen on a Canadian passport obtained through his mother, avoiding apartheid-era conscription; entered Queen’s University in Kingston, Ontario the following year.
- 1992Transferred to the University of Pennsylvania, where he read for bachelor’s degrees in physics and economics.
- 1995Enrolled in a Stanford physics PhD and left after two days; founded Zip2 in Palo Alto with his brother Kimbal and Greg Kouri, selling online city guides to newspapers.
- 1999Compaq bought Zip2 for $307 million in cash in February; Musk took $22 million for his 7 percent and put $12 million of it into X.com in March.
- 2000X.com merged with Peter Thiel’s Confinity in March and took the name of its more popular product, PayPal; the board ousted Musk as CEO that September.
- 2002eBay bought PayPal for $1.5 billion in stock, paying Musk $176 million as its largest shareholder; he founded SpaceX in El Segundo, California on 14 March.
- 2004Put roughly $6.3 million into Tesla Motors’ Series A, becoming chairman and majority shareholder, and later product architect.
- 2008After three Falcon 1 failures between 2006 and 2008, the fourth flight reached orbit on 28 September — the first privately developed liquid-fuelled rocket to do so; with both companies close to insolvency, Musk took over as Tesla CEO in October.
- 2010Falcon 9 flew for the first time on 4 June, and Tesla went public on the Nasdaq later that month.
- 2012Dragon berthed with the International Space Station in May, the first commercial spacecraft to reach it; Model S deliveries began in June.
- 2015Announced Starlink in January; in December, Falcon 9 flight 20 landed its first stage — the first recovery of an orbital-class booster.
- 2018Falcon Heavy flew in February with Musk’s own Roadster as ballast; in August he tweeted that funding was ‘secured’ to take Tesla private at $420 a share, and settled SEC fraud charges in September for $20 million from him and $20 million from Tesla, giving up the chairmanship for three years.
- 2020Crew Dragon’s Demo-2 flight carried Doug Hurley and Bob Behnken to the ISS on 30 May — the first crewed orbital launch from American soil since the Shuttle retired in 2011.
- 2022Completed the $44 billion acquisition of Twitter on 27 October, renaming it X the following year.
- 2023Starship flew its first integrated test on 20 April and was destroyed four minutes in; Musk founded the AI company xAI that July.
Lessons for founders
- Reason from first principles, not by analogy. Told that orbital rockets simply cost what they cost, Musk priced the raw commodities — aluminium, titanium, copper, carbon fibre — and found them a small fraction of the finished vehicle. Falcon 1 was developed for roughly $90–100 million, against the industry’s assumption that a new launcher was a billion-dollar programme.
- Attack the process, not the part. His own five-step canon puts questioning the requirement first and automating last, because he had done it backwards. On the Model 3 battery line he sped up a robot, then optimised the glue, then finally asked what the fibreglass mats were for — and deleted both the mats and the $2 million of robotics that applied them.
- Vertically integrate to control cost and schedule. SpaceX builds engines, avionics and structures in-house rather than negotiating with legacy subcontractors on their timeline. The same instinct put Tesla into cell manufacturing and seat production — owning the supply chain beats managing it when the constraint is time.
- Set a deadline nobody believes, then work backwards from it. Falcon 9 reflight targets and Model 3 production ramps were set at numbers his own teams called impossible. The point was not accuracy — most slipped — but that an absurd target forces a team to discard the safe incremental plan and look for a different approach.
- The best part is no part. Before optimising a component, ask whether it should exist. Musk tells engineers that if they are not adding back at least ten percent of what they delete, they have not deleted enough — the discipline behind Starship’s tank wall doubling as its skin and Tesla’s repeatedly simplified wiring harness.
- Accept a real chance of ruin when the upside is asymmetric. By late 2008 Falcon 1 had failed three times and Tesla was weeks from payroll. Musk put what remained of his PayPal money into both rather than saving one, and closed Tesla’s rescue round days after Falcon 1’s fourth flight finally reached orbit.
- Stand at the bottleneck. During the Model 3 ramp he moved onto the battery pack line, the process that was choking the whole car. Problems that survive a status meeting rarely survive the founder physically standing next to them for a week.
- Learn the domain yourself before you hire for it. Musk had no aerospace background in 2001. He borrowed propulsion and astrodynamics textbooks from consultant Jim Cantrell — who reports he quoted passages back verbatim — and read Gordon on structures and Clark on propellants, so that he could judge his own engineers rather than defer to them.
- Fund the next product with the customers of the last one. The $109,000 Roadster paid to develop the Model S, which paid toward the Model 3; SpaceX sold Falcon 1 and Falcon 9 launches years before they flew. Each product is priced to finance the cheaper, larger-volume one behind it.
The Algorithm
- Make your requirements less dumb.Every requirement must carry the name of a person, never a department, and be questioned regardless of who set it — including Musk. He argues requirements from smart people are the most dangerous, because nobody challenges them.
- Try very hard to delete the part or process.Deletion comes before improvement. If you are not adding back at least one in ten deleted things, he says, you were too conservative and left waste in the design.
- Simplify or optimize.Third, not first. Musk calls optimising a thing that should not exist the most common error of a smart engineer — the reflex of people trained in school to answer the question rather than reject it.
- Accelerate.Only once the process is correct and lean is it worth speeding up. He spent months accelerating steps in the Tesla factory that he later realised should have been deleted outright.
- Automate.Last, always. Over-automating Nevada and Fremont meant tearing hundreds of robots back out of the Model 3 line — they cut a hole in the side of the building to remove the equipment.
On the Founders podcast
12×- #12How Tesla Will Change the World
- #30Elon Musk by Ashlee Vance
- #369The Early Days of SpaceX
- #399How Elon Works
- #415How Elon Thinks
- #1Elon Musk: Tesla, SpaceX, & the Quest for a Fantastic Future
- #11The Cook & The Chef: Elon Musk's Secret Sauce
- #13Elon Musk and Why SpaceX Will Colonize Mars
- #38The Space Barons: Elon Musk and Jeff Bezos
- #172Elon Musk (Early Days of SpaceX)
- #233Elon Musk, Peter Thiel, Max Levchin (PayPal)
- #414How SpaceX Works
Read about them
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Books on their shelf
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Similar taste
Founders who share the most book recommendations with Elon:
Library reading guides
These guides include books on this page. The library chooses their reading order.
Sources
18
- Elon Musk — Wikipedia
- Business career of Elon Musk — Wikipedia
- SpaceX — Wikipedia
- Elon Musk — Simple English Wikipedia
- Elon Musk | SpaceX, Tesla, xAI, X, & PayPal — Encyclopaedia Britannica
- Elon Musk explains his 5-step algorithm for running companies — Startup Archive
- The Algorithm — The Book of Elon Musk — elonmuskbook.org
- Selected passages from Isaacson’s Elon Musk biography — philmohun.com
- Ignition! — book page — Rutgers University Press
- Elon Musk: Artificial Intelligence Could Be Worse Than Nukes — NBC News
- Elon Musk recommends science fiction book series that inspired SpaceX — CNBC
- Why ‘Hitchhiker’s Guide’ author is Elon Musk’s ‘favorite philosopher’ — CNBC
- Billionaire Elon Musk credits his success to these 8 books — CNBC
- 5 ways a biography of Ben Franklin shaped Elon Musk’s world view — CNBC
- Elon Musk Names SpaceX Drone Ships in Honor of Sci-Fi Legend — Space.com
- Elon Musk’s mission to Mars — The Guardian
- Elon Musk: His Story in His Own Words — Fresh Dialogues / HuffPost
- Open Library — Internet Archive
