7 anecdotes about the hidden face of the entrepreneur

7 anecdotes about the hidden face of the entrepreneur

Elon Musk is a personality very present on social networks and in particular Twitter, which he recently bought. The first layoffs have already fallen: more than half of the employees have been dismissed by the entrepreneur, including senior officials. However, Twitter has already asked most of these employees to return, much to the surprise of employees. Is Elon Musk too impulsive? Discover 7 anecdotes about the dark side of the entrepreneur.

Elon Musk is an entrepreneur with a thousand facets. Known and recognized for his atypical personality, the leader of Space X, Tesla or more recently Twitter is often talked about through the news media. Doubtful choice, attitude that can reach certain limits, the entrepreneur has hidden faces that everyone does not necessarily know.

1. He is terrified of artificial intelligence

Convinced that it will eventually surpass human capabilities, Elon Musk is terrified of AI. According to him, she would even be more dangerous than nuclear weapons “. This is one of the reasons why he decided to found Neuralink, a company developing brain implants of direct neural interfaces. The goal is to augment the human brain so that it remains dominant. Elon Musk also uses AI extensively in his businesses, including Tesla cars and OpenAI. According to him, ” AI should try to maximize freedom function rather than economic function “.

2. He wants to establish a colony on Mars

Elon Musk wants to establish a colony of one million humans on the planet Mars by 2050. He intends to achieve this goal in order to “save humanity” so that it becomes a multi-planetary species. To do this, it counts speed up ship production Starship spacecraft, at the rate of 100 productions per year.

3. Elon Musk wants to advertise… in space

SpaceX’s Falcon 9 rocket plans to launch a small advertising satellite developed by Geometric Energy Corporation. The screen will not be visible from Earth, but it will be broadcast live by being filmed using a small selfie stick. Businesses and artists will be able to buy pixels from the screen of this satellite. The advertisements will be shown on different platforms such as Twitch and YouTube. The purchase of pixels will be open to everyone and will be done via the Ethereum cryptocurrency. The entrepreneur aims to make purchases accessible with Dogecoin, a cryptocurrency that is basically a huge joke that is now acclaimed by Elon Musk. However, the price range has not yet been communicated.

4. Elon Musk was fired from PayPal

In 1999, Elon Musk founded with his brother Kimbal the company X.com, an online bank. It merged with Confinity in 2000 to become PayPal. The entrepreneur is at the head of the company as CEO. However, due to differences in branding and micro-management, as well as absenteeism due to a honeymoon, the CEO was fired the same year. It is the fruit of the decision of Max Levchin, co-founder and Peter Thiel, investor from the start. Elon Musk still retains shares of the company, with which he became very rich when PayPal went public at $ 1.5 billion in 2002.

5. He is a tyrannical ruler

During the Covid-19 crisis, Elon Musk did not favor telecommuting like most leaders. According to employees, he would have sent an email to his employees to demand that they return to the office so that they could work their 40 hours a week or leave Tesla. According to Space X alumnus Kevin Brogan, Elon Musk is ” able to lie outright about deadlines. “. Still according to him, employees could work up to 90 hours per week when the schedule is tight because Elon Musk would require unsustainable production deadlines. The conditions are not optimal: apparently, even to go to the small corner, it would be necessary to ask the authorization of its superior.

6. He lost $2 billion in one afternoon.

Elon Musk is not a patient and caring person: he even loses money by showing a disinterested and nonchalant attitude. During a Tesla earnings conference call, Elon Musk reportedly answered a question by “Excuse me, next, next. It’s boring, dumb questions aren’t cool “. This answer will have cost nearly two billion dollars on the stock market. His susceptibility is also legendary: he is known to have personally canceled Tesla pre-orders from personalities who criticized him or his management.

7. A Norman village was in conflict with the contractor

Saint-Seunier-de-Beuvron, a small Norman village of 350 inhabitants refuses the installation of a StarLink ground station, supposed to be connected to thousands of satellites. Elon Musk has set his sights on the small town in order to settle there, but the inhabitants of it are not in agreement with this idea. The case is now closed because the city prefecture refused this installation, to the great pleasure of the inhabitants and to the great disappointment of the contractor. This battle was emulated thereafter. Gravelines, a town in Hauts-de-France this time, also refused the establishment of the structure on its land.