SpaceX shock: Rocket company faced complete failure, admits Elon Musk in candid

Elon Musk’s voiced concerns about SpaceX’s future during a wide-ranging interview with Time Magazine. The SpaceX CEO began by expressing early disappointment about the US Government’s apparent inability to “exceed Apollo.” And it was this frustration that drove Musk’s to build his own space company in an attempt to “hopefully inspire the public”.

However Mr Musk admitted to concerns that SpaceX could fail, saying: “Well I didn’t think I was one of the guys who could do it.

“I thought starting SpaceX would be 90 percent likely to fail.

“Actually my goal was simply to get the public excited which would get then Congress excited so that they would then appropriate more money and increase NASA’s budget.

“And so I was like, okay, I gotta try building a rocket company here.

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“I thought this was like almost certain to fail. In fact I would not let anyone invest in the company in the beginning ‘cause it was like, I can’t take people’s money.

“This is gonna fail. So I actually just funded the whole company in the beginning myself.

“Not because I thought it would turn out well, but because I thought it would fail.”

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Will SpaceX use ethanol as rocket fuel?

Famed for his quirky Twitter habits, billionaire tech mogul Elon Musk has once again caused quite a stir as he wrote: “Technically, alcohol is a solution”.

Just as Musk’s tweet appeared on Twitter’s News Feed, SpaceX fans were quick to conclude that the SpaceX CEO was making a cryptic statement about the use of ethanol in his rockets.

Later, replying to his tweet Musk wrote, “Just saw that on a T-shirt @Hyperloop competition,” and posted two laughing emojis.

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As of now, it remains unclear if Musk was actually hinting at a potential rocket fuel, or was just messing around with his followers.

Elon Musk believes that an un-crewed SpaceX Starship could land on the moon by 2021 and a manned moon mission could be a quick possibility.

Earlier this month, SpaceX’s Falcon Heavy rocket took off from Florida’s Cape Canaveral, and completed its first commercial mission by deploying the communications satellite Arabsat-6A into a geosynchronous orbit.

source: express.co.uk