Accepting the probabilities can diminish fear; I thought the odds of success with SpaceX were less than 10%, but I accepted that risk.

Starting a company can seem insane if the goal is to achieve the best risk-adjusted return, but that wasn't my objective when I founded SpaceX.

In 2008, both SpaceX and Tesla were facing dire situations. SpaceX had failed its third launch in a row, and Tesla was going bankrupt. It was a nerve-wracking time, but we managed to secure a contract with NASA to resupply the space station, which was a company saver.

Space is big, and there's room for multiple successful companies; I want Blue Origin and SpaceX to thrive, along with many others in the industry.

Accepting the probabilities of success can help diminish fear. When I started SpaceX, I thought the odds of success were less than 10%, but I accepted that risk.

Elon Musk invested his entire fortune into SpaceX, demonstrating extreme commitment by planning for three rocket launches, despite the risk of failure.

With Tesla, I thought the odds of the company succeeding were extremely low, but I still pursued it.

Leading up to the Crew Dragon Demo-2 launch was extremely stressful, as we could not let anyone down, but I was confident we had done everything possible to ensure success.

The goal of SpaceX is to advance rocket technology, particularly by developing a rapidly and fully reusable rocket, which is essential for humanity to become a space-faring civilization.