What Fintech Can Learn From Elon Musk and SpaceX

What Fintech Can Learn From Elon Musk and SpaceX

Credit: Official SpaceX Photos/Flickr

Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his  newsletter.

Elon Musk is complicated. His life is one of extremes – swinging from bankruptcy to massive success, family to playboy, compliance to law breaker, trolling to leadership. Let’s pause to admire that and learn. A lesson in human nature, ingenuity and vision. Let’s talk about SpaceX.

Musk founded SpaceX in 2002, and it has always been connected to his personal ambition for interplanetary space travel and to put a human settlement on Mars. Imagine the ego and hubris to hold this goal! Imagine the willpower and strength to get it done! The key insight that many others have shared about Musk’s personality is he is able to break down any problem to “first principles” and reconstruct a modern, unusual answer. From PayPal to Tesla to SpaceX to the Boring Company, each is a new answer to a large fundamental societal need. [Check out this great on the subject.]

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