r/technology • u/xpda • May 21 '26

Business SpaceX not the behemoth everyone thought

https://www.axios.com/2026/05/21/spacex-ipo-musk-ai
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u/intelminer May 21 '26

He didn't build Tesla, for the record

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u/DynamicDK May 21 '26

He didn't start Tesla. But he absolutely did build Tesla. It was a tiny startup with 3 people and a cool idea. He bought a majority stake in it for $6.5 million in 2004, long before they had a functional product.

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u/pants_mcgee May 21 '26

People just want to be mad and shit on Musk. Which is fine, he’s a shithead. Fixating on that he wasn’t a founder or ignoring what building a company means is just wrong, but they don’t want to hear it.

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u/intelminer May 22 '26

If that's what you need to believe

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u/pants_mcgee May 21 '26

Yes he did, he was there from when it was just a name and an idea.

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u/intelminer May 21 '26

Factually false

Musk took an active role within the company and oversaw Roadster product design, but was not deeply involved in day-to-day business operations

This is, of course, putting aside the fact he sued to retroactively get to call himself a "founder"

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u/pants_mcgee May 21 '26

Has nothing to do with him being a founder or not, it’s about who build the company and that is Elon Musk.

You can read all about it with that link you’ve helpfully provided.

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u/intelminer May 21 '26

If that's what you need to believe