Be guided by doing the right thing. It’s always right to do the right thing.
Elon has a current estimated net worth of $600+ billion as of December, 2025, and this does not factor in his crypto assets.
His net worth fluctuates depending on the price of Tesla shares and the valuation of SpaceX.
Interestingly Elon went on the record in a Reddit Storytime with NASA and said:
“I actually don’t care about money at all. At all. But I do care about us becoming a space faring civilization.”
For Elon it’s certainly not all about the money: First and foremost for Elon it’s about the missions.
When we make mistakes, it’s just because we were being foolish or stupid or whatever, but it’s really always made with the right motivations.
We say the things we believe even when sometimes those things we believe are delusional.”
Elon is a genius among geniuses and part of this is his ability to recognize when re-calibration is necessary.
Even the smartest among us make mistakes. Making mistakes is a part of making things work better. Elon elaborated on this idea at a Baron Investment Conference:
“We’d made so many mistakes in the beginning of Tesla we basically had to recapitalize the company completely…Almost every decision we made was wrong.”
Being right is often a process of eliminating and learning from what is wrong…
A big part of the power of Tesla and everything Elon does is his willingness to be wrong, and then use this knowledge to pave the path to a more righteous realization.
Thinking you are always right will always stifle innovation.
Naive teenagers often think they are always right…and they often are proved wrong at this point.
Elon has likely made more right business decisions than almost anyone else alive and yet he says:
“We start from the point of view that we are wrong. And our goal is to be less wrong.”
The more wrongs you can improve upon…
The more likely you will ultimately be right.
Leave a Reply