When Elon Musk founded SpaceX in 2002, it was, at best, a millionaire’s flight of fancy. He had made his fortune from tech startups Zip2 and PayPal, and was still two years away from starting Tesla, the electric-car firm.
Musk, as he will gladly tell you, has a vision: Colonize Mars and make humans a multi-planet civilization. He sees it as insurance against a global catastrophe that leads to human extinction. Per Musk, the only sensible policy in this universe is redundancy.
http://www.theatlantic.com/business/archive/2014/10/what-it-took-for-spacex-to-become-a-serious-space-company/381724/?single_page=true
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