| Decreasing Costs in Space Travel | October 08, 2003 |
Elon Musk
|
SpaceX |
Entrepreneurial Thought Leaders Lecture |
| Views: 1750 |
|
| Video 22 of 23 from this talk |
- 02:59Career Development
- 03:15Founding of Paypal
- 01:22Success Through Viral Marketing: PayPal
- 01:13Selling the Company: Paypal to eBay
- 04:23Opportunities in Space: Mars Oasis
- 06:33Space Travel Today
- 05:10Positioning and Competition: Space Travel
- 03:17Startup Successes: Comparing Zip2 and Paypal
- 00:48Viral Marketing
- 01:30Challenges in the Space Industry
- 02:14Why is Space Travel So Expensive?
- 01:07Customer Base: Paypal vs. SpaceX
- 01:15Qualities of an Entrepreneur
- 01:07History of SpaceX
- 01:02Career Development: To MBA or Not?
- 02:50Reducing Company Costs: Paypal and SpaceX
- 00:52Patents and Paypal
- 01:19Space Mining vs. Human Space Flight
- 01:08Government and Space Travel
- 02:23What is the Right Time to Sell?
- 02:33History of Zip2
- 01:52Decreasing Costs in Space Travel
- 00:56Space Travel is Not for the First-Time Entrepreneur
Description
Musk talks about how there's no one area where costs were reduced in space travel, rather it was every decision across the board. The focus was on simplicity--and simplicity reduces costs. For example, fewer components means fewer components to repair, and to purchase, as well as to test. The avionics vehicles communicate via ethernet--while not novel, it is unheard of, compared to other systems that use cables, he says. In addition, overhead at a 30 person company is much cheaper than at Lockheed or Boeing, he notes.
Comments 
Related Videos:
