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Given that SpaceX made the trade-off of turnover and employee burnout, this suggests that there is still a surplus of insanely smart, ambitious people and/or a shortage of meaningful places to work. Even for the talented, mission and meaning are in scarce supply. That's alpha on the table for founders.

I just don't get how Elon himself isn't burnt out. Or if he is, how he functions through it.

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Agree on this. It's pretty extraordinary that Elon has worked this hard for this long, and he continues. A true generational builder. And I am sure it has come at significant cost for him. Thankful for his work, but I could never do it!

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Awesome piece! Crazy to think about where SpaceX will be in 10 years. Feels like it play an essential role in our lives for generations to come.

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Absolutely! And the companies founded by those who built SpaceX too

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I think SpaceX captures a lot of the alpha though! For example, I saw a rover lander startup, but why can’t Honda do this. Hardest part is building rockets. Everything else will have lots of competition. But we shall see :) I’m sure there will be other winners too, just think most of reward goes to them.

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