Musk promises self driving year after year, and now even Waymo is moving away from that term in order to distinguish themselves from misnamed driver-assist technology like Tesla's [1].
[1] https://www.theverge.com/2021/1/6/22216848/waymo-change-self...
Except they'd be gone without the Microsoft investment. Profitable companies don't end up on the verge of failure.
Isn't the profit of a private corp. like SpaceX an unknown variable? They do not have to publish any financials and they don't.
It may be that Musk uses a string of companies to shuttle money between, who knows. He did manage to convince shareholders to buy his cousins'/brother's company which ended up being a huge liability. It seems to have saved him from the public seeing one of his family's companies fail.
That makes sense, but can you assume it's not profitable?
He's definitely a different kind of CEO.
Of course, sometimes they did manage to deliver some of the things the promised also, like Musk.
I find this hard to believe. In fact I don't.
Arguably Steve Jobs is more deserving to be in this list than Musk who's never run a profitable company.