In 2008 Elon Musk had $0 left.
He had poured his entire $180,000,000 PayPal fortune into SpaceX and Tesla.
SpaceX had just failed its third rocket launch in a row.
Tesla was on the verge of bankruptcy.
His marriage fell apart. He lost his house. He was borrowing money from friends just to pay rent.
In an interview that year he broke down in tears and said:
“I never thought I was someone who could ever be broken. But 2008 broke me. I just didn’t know how I was going to make it.”
Three months later SpaceX launched successfully for the first time.
Six months later Tesla closed a financing round on Christmas Eve, literally hours before bankruptcy.
Today SpaceX is worth $350,000,000,000.
The people who told him to save his money and go sit on the beach are watching.