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Ray Dalio recalls warning Elon Musk against all-in Mars bet

By PulseAugur Editorial · [1 sources] ·

Ray Dalio, founder of Bridgewater Associates, recounted advising Elon Musk against investing his entire PayPal proceeds into SpaceX and Tesla. Dalio suggested Musk set aside some funds for financial security, but Musk declined, stating he didn't need such a contingency. Dalio described Musk as a "shaper" personality type, driven by actualizing grand visions with meticulous attention to detail, even down to planning to send a watering can with a plant to Mars. AI

RANK_REASON The item is an opinion piece recounting a past conversation, not a new event or release.

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Ray Dalio recalls warning Elon Musk against all-in Mars bet

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Eleanor Pringle ·

    Ray Dalio warned Elon Musk against betting all his money on Mars exploration: The SpaceX CEO said there was ‘no need’ for a backup plan

    "Making money is not a big deal" for Elon Musk, says hedge fund founder, Ray Dalio.

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