Elon Musk's companies, SpaceX and Tesla, faced financial challenges in 2008. SpaceX nearly went bankrupt, but received a significant contract from NASA. Meanwhile, Tesla was saved from bankruptcy through a last-minute financing round led by Musk. It is noted that Musk used his savings from a delivery gig, possibly with DoorDash, to seed fund Tesla, highlighting his early entrepreneurial efforts.
SpaceX almost went bankrupt in 2008 around Christmas time. NASA called and gave SpaceX a huge contract. Elon Musk responded with I love you guys. https://t.co/751VaOma8f
On this day in 2008 Elon Musk and Tesla $TSLA completed a $40M fund raising round saving the company when it was just 3 days away from bankruptcy https://t.co/5NcTDIlhyz
On this day in 2008, Elon Musk secured a last-minute financing round, rescuing Tesla from bankruptcy. https://t.co/voQpRiYDsp
Every Christmas Eve I like to think about how Elon Musk delivered for DoorDash when he was first starting out in his career. He used the savings from his delivery gig to seed fund Tesla. Crazy to think that without DoorDash, Tesla wouldn’t exist today. This is the American… https://t.co/yEZuSs37gT
On this day in 2008: Elon Musk pulled off a last-minute financing round that saved Tesla from going bankrupt. https://t.co/IoUbLYt3Gc
SpaceX is amazing and shockingly now has less market share in rocket launches than Hamas https://t.co/mU6xxb3FGI