I think the reason it’s cheaper is, first of all, we are a private entity and we have a very lean system in here. What we have been able to do here a… - Elon Musk

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I think the reason it’s cheaper is, first of all, we are a private entity and we have a very lean system in here. What we have been able to do here at SpaceX is to cherry-pick, you know, the top one or two percent and give them, you know, capital to execute well and a clear mission, which is low cost, reliable access to space, and no other constraints.

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About Elon Musk

Elon Reeve Musk (born 28 June 1971) is a South African-born entrepreneur and business magnate resident in the United States. He is the founder, CEO, and Chief Engineer at SpaceX; early-stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink and OpenAI; president of the Musk Foundation; and owner of X Corp., formerly known as Twitter, Inc. With an estimated net worth of about US$487.3 billion as of October 2025, Musk is the wealthiest person in the world according to the Bloomberg billionaires index and the Forbes real-time billionaires list.

Also Known As

Birth Name: Elon Reeve Musk
Alternative Names: Elon R. Musk Elon R Musk
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I have this mantra. It's called, "If a schedule is long, it's wrong. If it's tight, it's right." And I've just, basically just go recursive improvement on schedule, with feedback loop. "Did this make it go faster? OK. If it didn't, we're going to need to fix it." If the design takes a long time to build, it's the wrong design. This is the fundamental thing. Over and over, the tendency is to complicate things. And I have another thing which is, the best part is no part. The best process is no process. It weighs nothing, costs nothing, can't go wrong. So, as obvious as that sounds, the best part is no part. The thing I'm most impressed with, when I have the design meetings at SpaceX, is "What did you undesign?" Undesigning is the best thing. Just delete it. That's the best thing.

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