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.

Even if I might lose everything with SpaceX, I believed we could still make progress and that another company could continue the work if we failed.

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

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.

Elon Musk believes that taking risks is essential for success; if you're not causing 20% of the problems from the risks you take, you're not taking enough risks.

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

Musk's willingness to risk bankruptcy for the chance of success in his rocket launches illustrates a remarkable level of irrationality that can be seen as admirable in the context of entrepreneurship.

I might go to space, and I'm a bit terrified because less than a thousand people have gone to space, and many have died on the way up.

When the launch was successful, it was a great relief rather than elation, especially after proving the systems with subsequent astronaut missions.