'Never Thought I'd Be A Person To Have a Nervous Breakdown' – Elon Musk Recalls Christmas Of 2008 'Everything Was Going Wrong At Once'

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Today, Elon Musk is the richest man in the world, steering SpaceX, Tesla and a handful of other ventures with an almost superhuman energy. But back in 2008, he didn't seem so invincible. He was barely...

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But back in 2008, he didn't seem so invincible. He was barely...</p>\n\n<a href=\"https://finance.yahoo.com/news/never-thought-id-person-nervous-161521838.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLL","symbol_name":"Direxion Daily TSLA Bull 2X Shares","start_time":0,"source_url":"https://finance.yahoo.com/news/never-thought-id-person-nervous-161521838.html","article_id":"2488940486","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488940486","pubTimestamp":1733242521,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Today, Elon Musk is the richest man in the world, steering SpaceX, Tesla and a handful of other ventures with an almost superhuman energy. But back in 2008, he didn't seem so invincible. 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But back in 2008, he didn't seem so invincible. He was barely holding it together.\nBack in 2008, Musk was experiencing a time so stressful that he thought he was on the verge of a nervous breakdown. \nDon't Miss:\n\nThe global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.\nDeloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!\n\nIn a raw and revealing interview with 60 Minutes in 2014, Musk described the period leading up to Christmas 2008 as \"the worst year of my life.\" His rocket company, SpaceX, was striking out like a rookie in the major leagues, with three failed Falcon 1 launches in a row. \nMeanwhile, Tesla was hemorrhaging cash and Musk himself was flat broke. \n\"I remember waking up the Sunday before Christmas in 2008 and thinking to myself, ‘Man, I never thought I was someone who could ever be capable of a nervous breakdown,'\" Musk admitted. \"I felt this is the closest I've ever come. Because it seemed pretty, pretty dark.\"\nSee Also: Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you.\nAnd dark it was. Musk had poured his entire $180 million fortune from selling PayPal into SpaceX and Tesla and neither looked good. SpaceX was operating on minimal funds, Tesla couldn't cover its next payroll and Musk was navigating a divorce. \nBut then, Musk got two unexpected lifelines – one for each of his struggling companies.\nOn Dec. 23, NASA awarded SpaceX a $1.6 billion contract to deliver cargo to the International Space Station. It was a lifeline Musk didn't see coming. \"NASA called and told us we won a $1.6 billion contract,\" Musk said, recounting the moment. \"I couldn't even hold the phone. I just blurted out, ‘I love you guys!'\"\nAnd if that wasn't enough, Tesla's investors decided to save the company on Christmas Eve by pouring in just enough money to keep it afloat. Musk described the events as almost surreal: \"So you were saved in a period of three days by two completely unexpected events,\" Scott Pelley remarked during the interview. Musk's reply? \"Merry Christmas.\"\nTrending: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.26/share!\nFrom the brink of collapse, both companies not only survived but went on to thrive. SpaceX has become a leader in aerospace innovation, completing dozens of successful launches annually and revolutionizing reusable rocket technology. Meanwhile, Tesla has grown from \"on the verge of folding\" to reshaping the entire automotive industry, setting the standard for electric vehicles worldwide.\nLooking back, Musk's Christmas of 2008 reminds us that even the most successful people hit rock bottom. The difference is whether they stay there or figure out how to turn a NASA contract and a bit of investor faith into the foundation of a multi-billion-dollar empire.\nRead Next:\n\nStudies show 50% of consumers think Financial Advisors cost much more than they do — to debunk this, this company provides matching for free and a complimentary first call with the matched advisor.\n‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest TODAY for just $0.26/share with a $1000 minimum.\n\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nAPPLE (AAPL): Free Stock Analysis Report\nTESLA (TSLA): Free Stock Analysis Report\n\nThis article 'Never Thought I'd Be A Person To Have a Nervous Breakdown' – Elon Musk Recalls Christmas Of 2008 'Everything Was Going Wrong At Once' originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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