WEBVTT

1
00:00:00.120 --> 00:00:04.759
When we talk about, you know, getting to Mars, how realistic do

2
00:00:04.759 --> 00:00:06.440
you think that is. There's a
book that just came out as review in

3
00:00:06.440 --> 00:00:09.759
the Wall Street Journal talking about all
of the various obstacles to human beings actually

4
00:00:09.759 --> 00:00:13.000
living on Mars. Like we we
live in a pretty propitious place. I

5
00:00:13.039 --> 00:00:18.039
mean, the world's pretty wonderful planet. Yeah and us Yeah exactly. So

6
00:00:18.519 --> 00:00:22.079
what are the biggest obstacles and what
do you think the timeline is in terms

7
00:00:22.120 --> 00:00:31.600
of having a robust presence on other
planets. Well, we're hoping to have

8
00:00:31.679 --> 00:00:37.840
the first humans on the Moon in
less than five years, Mars maybe a

9
00:00:37.479 --> 00:00:41.200
little longer than five years. I'd
be surprised if we don't have humans on

10
00:00:41.240 --> 00:00:45.759
Mars are within ten years? Wow? Yeah? And then we're going to

11
00:00:45.759 --> 00:00:50.079
aim to have a lot of humans
and both a city on Mars and a

12
00:00:50.079 --> 00:00:54.039
base on the Moon. How do
we mobilize that many resources there that quickly?

13
00:00:54.079 --> 00:00:56.759
That's a lot of resources necessary.
It's not like you can draw from

14
00:00:56.799 --> 00:01:00.759
the environment a lottery source. And
now I should say, in order to

15
00:01:00.799 --> 00:01:07.400
pass the firmly grateful to of being
a multiplanet species, that the other,

16
00:01:07.519 --> 00:01:11.560
the second planet, has to be
self sustaining, so that the ass a

17
00:01:11.640 --> 00:01:18.640
test being that if the resupply ships
from Earth stuff coming for any reason whatsoever,

18
00:01:18.879 --> 00:01:23.200
it could be mundane or more serious, will Mars die out or not?

19
00:01:25.159 --> 00:01:30.599
So Mars has to be completely self
sufficient in order to pass the firmly

20
00:01:30.719 --> 00:01:37.560
grateful stup that the particular gratefulture I'm
talking about is if something climbs has happened

21
00:01:37.680 --> 00:01:42.840
to one planet, is is humanity
gone or not? And so how long

22
00:01:42.879 --> 00:01:45.040
will it take for that to be
self sustaining? When you say, you

23
00:01:45.040 --> 00:01:49.480
know, in ten years people will
be on Mars like forty issues. So

24
00:01:49.920 --> 00:01:52.799
one of the things I think that
captures the imagination about what you're doing is

25
00:01:52.799 --> 00:01:57.239
that you're speaking in ambitious terms that
people have not spoken in the West for

26
00:01:57.319 --> 00:02:00.200
solidly half a CENTI. I mean, really, it's an amazing thing.

27
00:02:00.280 --> 00:02:01.599
Yes, I say it's so often
not going. I mean, you say

28
00:02:01.599 --> 00:02:05.959
this stuff because it's you all the
time. But the reality is that the

29
00:02:06.000 --> 00:02:07.919
last time people were talking about within
a decade we're going to have a man

30
00:02:07.960 --> 00:02:10.639
on the moon was JFK talking at
the beginning of the nineteen sixties. Yeah,

31
00:02:12.400 --> 00:02:14.840
it's been full on half a century
since anybody talked like this, and

32
00:02:14.879 --> 00:02:17.800
I think people find it shocking,
and I think maybe we should look at

33
00:02:17.800 --> 00:02:23.639
the other side of that to both
sides. One what makes you different?

34
00:02:23.039 --> 00:02:25.319
And two why do you think that
dream went away? Why do you think

35
00:02:25.319 --> 00:02:29.479
it was that for half a century
after we put a man on the Moon,

36
00:02:30.080 --> 00:02:34.199
we just kind of receded back into
into whatever the hell was else going

37
00:02:34.199 --> 00:02:40.800
on. Yeah, that's the long
story. But the the fallouf to the

38
00:02:40.840 --> 00:02:46.199
Shuttle to the Saturn fire was the
Space Shuttle space stalk could only go to

39
00:02:46.240 --> 00:02:51.240
low Earth orbit, but that there, and the aspiration was to make it

40
00:02:51.240 --> 00:02:55.159
reusable, but the they unfortunately did
not succeed in that in that goal.

41
00:02:57.560 --> 00:03:02.000
The Space Shuttle was so difficult to
refub that it ended up costing as much

42
00:03:02.039 --> 00:03:07.800
as a Saturn five. And then
the main, the primary structure of the

43
00:03:07.919 --> 00:03:10.639
Space Shuttle orbit system, a big
orange tank was it's actually a primary airframe

44
00:03:12.159 --> 00:03:15.879
because it takes the load from the
the orbit of the sort of airplane looking

45
00:03:15.919 --> 00:03:20.479
thing, and this the side boosters, so you lose that every time the

46
00:03:20.520 --> 00:03:24.439
side boosters landing the ocean, and
and their solid rocket boosters, so that

47
00:03:25.080 --> 00:03:29.080
you know, they have to get
shipped back to the factory to get solid

48
00:03:29.120 --> 00:03:34.840
propellant loaded in cut a long story
short, the cost per flight of the

49
00:03:34.879 --> 00:03:40.680
Shuttle ended up being roughly the same
as as a Saturn five expendable. So,

50
00:03:42.240 --> 00:03:45.879
but the Shuttle had about a quarter
of the paler to orbit and could

51
00:03:45.879 --> 00:03:51.520
not reach the Moon. So it
you know, so nobilized ideas at the

52
00:03:51.560 --> 00:03:57.199
start, but ultimately it was it
was not a good design. So and

53
00:03:57.240 --> 00:04:01.159
then the Shuttle retired obviously, and
then we had nothing. That curve is

54
00:04:01.319 --> 00:04:04.919
that is not a good curve going
from the Moon to lower th orbit to

55
00:04:05.039 --> 00:04:15.719
nothing. That does not extrapolate to
being a multiplanet species. So that's why

56
00:04:15.719 --> 00:04:20.399
I started SpaceX is to try to
reverse that trend and get us back on

57
00:04:20.879 --> 00:04:27.120
to doing exciting things in space again, you know, things that make people

58
00:04:27.199 --> 00:04:29.600
excited to get up in the morning
and say, yes, the humanity is

59
00:04:29.600 --> 00:04:32.680
going to do some amazing thing in
space. We're experiencing a lot of global

60
00:04:32.680 --> 00:04:38.240
instability as we plunge into primary season, like no shipping in the Red Sea,

61
00:04:38.680 --> 00:04:42.240
like continuing inflation that's setting in on
your savings. Well, you should

62
00:04:42.279 --> 00:04:45.319
protect your savings. It's not too
late to diversify an old IRA or four

63
00:04:45.360 --> 00:04:47.000
to one k into gold. Birch
Gold Group can help you with that.

64
00:04:47.279 --> 00:04:49.839
I diversify you should too. That
is the smart way to do things.

65
00:04:49.879 --> 00:04:54.160
Birch Gold can help you create a
well thought at and balanced investment strategy.

66
00:04:54.240 --> 00:04:57.720
They'll help you convert an existing IRA
or four one k into an IRA in

67
00:04:57.759 --> 00:05:01.079
gold without paying a penny out of
pocket. Diversify into gold today. Just

68
00:05:01.120 --> 00:05:03.920
text bend to ninety eight ninety eight, ninety eight for a free infocate with

69
00:05:03.959 --> 00:05:06.839
an A plus rating with the Better
Business Bureau countless five star. I've used

70
00:05:06.879 --> 00:05:10.800
thousands of happy customers. I encourage
you to arm yourself with the knowledge of

71
00:05:10.800 --> 00:05:14.759
diversification through precious metals. Text bend
to ninety eight ninety eight, ninety eight

72
00:05:14.879 --> 00:05:17.800
claim your free Infocate. Protect your
savings with gold again. Diversification is just

73
00:05:17.959 --> 00:05:21.639
smart business strategy. Protect your savings
today. Inflation eats it up. Bad

74
00:05:21.639 --> 00:05:25.800
government policy eats it up. Gold
can help protect you Text ben to ninety

75
00:05:25.800 --> 00:05:28.680
eight ninety eight ninety eight today to
get started. One of the things that

76
00:05:28.680 --> 00:05:31.000
that's so impressed about SpaceX is not
just the aspiration, but the fact that

77
00:05:31.199 --> 00:05:35.519
it's a successful business and that you
realized very early on that it's not enough

78
00:05:35.560 --> 00:05:38.839
to have the aspiration. I mean
it was a government to put a person

79
00:05:38.879 --> 00:05:42.839
on the mood that that's not the
same thing as actually being able to build.

80
00:05:43.399 --> 00:05:45.279
You said, self sustaining with regard
to life on Mars, but a

81
00:05:45.279 --> 00:05:48.879
self sustaining business that actually has the
capacity and a profit driven model to do

82
00:05:48.959 --> 00:05:53.319
something like that to project Yeah.
I mean to be clear, at the

83
00:05:53.319 --> 00:05:56.160
start of SpaceX, I gave us
a less than ten per cent chance of

84
00:05:56.199 --> 00:06:00.160
success. I thought we'd probably die. But you know, I think if

85
00:06:00.160 --> 00:06:01.560
something is important enough, it's worth
doing even if you think it's going to

86
00:06:01.560 --> 00:06:05.759
fail. And we almost did fail. The first three launches of our small

87
00:06:05.839 --> 00:06:12.639
rocket failed. Only the fourth one
launch succeeded and if we if that fourth

88
00:06:12.680 --> 00:06:17.879
one had failed, we would be
dead. So it's close at this point,

89
00:06:18.160 --> 00:06:23.959
you know, K not gonna word. SpaceX is quite prosperous. SpaceX

90
00:06:23.959 --> 00:06:27.680
dead about eighty percent of all paler
to orbit last year of Earth, China

91
00:06:27.680 --> 00:06:30.120
did about twelve percent and the rest
of the world at eight percent. So

92
00:06:30.199 --> 00:06:33.319
in this year, if things go
well, SpaceX will do ninety percent of

93
00:06:33.319 --> 00:06:40.519
all paler to Earth and then as
Starship really takes off, SpaceX will be

94
00:06:40.519 --> 00:06:44.920
doing at least based on what other
companies are currently doing, which is,

95
00:06:45.879 --> 00:06:48.759
you know, around three four hundred
tons to orbit. SpaceX ultimately will be

96
00:06:48.800 --> 00:06:53.319
doing several hundred thousand tons to orbit, maybe a million tons to orbit.

97
00:06:53.920 --> 00:06:57.079
It's amazing. And what you mentioned
there that it is a sort of skin

98
00:06:57.120 --> 00:06:59.839
of the teeth thing, I mean
that's been true in a lot of companies

99
00:06:59.879 --> 00:07:01.879
that you've worked with. I mean
that was true in Tesla also, that

100
00:07:02.000 --> 00:07:05.160
it was a real skin of the
tee thing. And so maybe you can

101
00:07:05.240 --> 00:07:08.879
talk a little bit about what does
that feel like. I mean, as

102
00:07:08.920 --> 00:07:13.000
a CEO in your person who is
a professional, you must do you enjoy

103
00:07:13.040 --> 00:07:16.120
the risk? Do you enjoy that
stressful? Well? I don't see grisk

104
00:07:16.199 --> 00:07:25.160
for risks. Say, Tesla had
many close calls with death. The natural

105
00:07:25.160 --> 00:07:28.000
state of a car company in America
is dead. I mean the only two

106
00:07:28.000 --> 00:07:30.720
car companies that have not gone bankrupt
are Ford and Tesla. Do you have

107
00:07:30.759 --> 00:07:35.160
a cry story bankrupt in two thousand
and nine. There have been hundreds of

108
00:07:35.319 --> 00:07:41.079
car bankruptcies before. So it's one
of those things where like I said that

109
00:07:41.199 --> 00:07:44.040
the natural state of a car company
is dead, So you have to keep

110
00:07:44.040 --> 00:07:46.000
pulling rabbits out of a hat to
not be dead. Do you think that

111
00:07:46.040 --> 00:07:48.959
your personality is suited to that and
that's why you're successful at this? That

112
00:07:49.680 --> 00:07:53.120
you think that's unique to the companies
you pick, that that you're pulling rabbits

113
00:07:53.160 --> 00:07:57.360
out of hats? Are isn't that
everything pulled so many rabbits out of hat

114
00:07:57.360 --> 00:08:01.279
It's like an arcer rabbits here there. I mean, I'm good at solving

115
00:08:01.319 --> 00:08:09.120
technology problems, so and rockets and
cars both technology problems. Have a very

116
00:08:09.120 --> 00:08:13.879
strong team that work with me,
and uh yeah, so far, so good.

