Last week, The Wall Street Journal had a good story on Elon Musk titled “Elon Musk’s Latest Antics Have Some Asking: Is He Out of Touch?” It discuses his frat-like behavior challenging Meta’s Mark Zuckerberg to a fight, his strange behavior at Twitter, and the shrinking set of friends and colleagues able to keep him from going adrift in his own bubble. The story notes:
Such antics are leading some Musk supporters to worry aloud that he has lost touch, saying he is ensconced in a distorted reality that is warping his perspective and threatening his businesses at a time when he is trying to oversee multiple companies in different industries.
Of course, one of those companies is SpaceX, which has become the backbone of NASA and the US satellite industry. SpaceX also runs Starlink, which is now a key part of the battle against Russia as it supplies Internet services to the Ukrainian military.
Musk has styled himself as the Trump of Technology – breaking established rules, failing to pay his bills, attacking critics (in-house, as well), and generally seeing what he can get away with before it all collapses.
Can one distracted man manage all of these companies? Should one distracted man manage all of these companies? And should our government be so reliant on him in the space and defense arenas? Or is SpaceX becoming the next Wagner Group, a government-funded satellite that is starting to think it is smarter than its paymaster? We all know how that ended.
You can hear more about this reliance on one man in a recent On With Kara Swisher podcast, Why We Can’t Quit Elon with Ronan Farrow & William Cohan. Here are the podcast notes:
We’re talking about Elon – again – but this time we’re looking at the big picture: the tech titan’s “unprecedented power” over our the federal government and national security, as encapsulated in Pulitzer Prize-winning reporter Ronan Farrow’s latest New Yorker profile. William Cohan, a financial journalist and founding partner of Puck News, also joins to break down the varying fortunes of SpaceX, Tesla and Twitter, and the sustainability of those companies under a leader that is ambitious, but capricious. Stay til the end to hear Kara tell Nayeema why, despite his shenanigans, she still has empathy for Elon Musk.
You should also check out Ronan Farrow’s The New Yorker article, “Elon Musk’s Shadow Rule.” While acknowledging that some industrialists have had inordinate influence over US politics in the past, the piece notes:
But Musk’s influence is more brazen and expansive. There is little precedent for a civilian’s becoming the arbiter of a war between nations in such a granular way, or for the degree of dependency that the U.S. now has on Musk in a variety of fields, from the future of energy and transportation to the exploration of space.
This really doesn’t sound all that sustainable, or wise. I hope Uncle Sam has a Plan B should Musk run it all into the ground or walks away with all of his marbles (assuming has has any left).
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