Rebirth of the Financial Crisis Sweeping the World

Chapter 456: 456 Partnership SpaceX and Tesla!

  Chapter 456 456 Partnership SpaceX and Tesla!

  When Musk took a look, it was a call from his good friend Peter Thiel.

  He immediately connected, and jokingly said: "Hi, Peter, are you going to invite me to dinner tonight? Let me talk about it first, I will use all my money to pay my salary, so I won’t treat you for the time being."

  Before, he had been asking Peter Thiel and others to borrow money to live. Now he lives in a factory. The rent is expensive, and he can’t afford to rent. It’s easy to eat, and he can’t afford the expensive ones.

  There is another part of the employee’s salary that he asks the employee to borrow, and then pay them.

   "By the way, are the Middle Eastern clients you know interested in investing in my company?"

  Peter Thiel owns a venture capital company, the Founder’s Fund, which was founded in 2005. At that time, Peter Thiel himself invested 50 million US dollars and started to make venture capital. In a few years, he attracted a lot of funds from Middle Eastern clients.

  When the financial crisis broke out last year, SpaceX’s rocket failed to launch and was about to end. The Founders’ Fund invested US$20 million in SpaceX to rescue SpaceX.

  "There are no customers in the Middle East" Peter Thiel said: "Middle Easterners are not interested in investing in your new energy company."

   Musk said regretfully: "Well, well, they don’t know the goods."

  In 2008, the financial crisis broke out. He was on the verge of bankruptcy, desperate, and his wife was divorced. To this day, the media is still mocking him.

   Tesla and SpaceX, which are on the verge of bankruptcy, have begun large-scale layoffs. However, increasing revenue and reducing expenditures and reducing costs still cannot solve the fundamental problem of the two companies: the demand for huge R&D funds.

  Only by continuously injecting venture capital can we maintain the operation of the two uncommercialized companies.

  Damn, he is still very short of money.

  "If I go bankrupt, it must be a loss to the world, Peter, you can help me figure out a solution."

  Peter Thiel said: "I have a friend who is a super rich man. Hearing your deeds, I plan to raise money for you."

   Musk was taken aback for a moment, and the phone almost didn’t fall to the ground. Is there such a good thing?

"real?"

   "Where are you now, I'll pass right away!"

  Peter Thiel said, "We are in the Silicon Valley Bank Building."

   "Okay, I'll pass right away!" Musk was excited.

  If you get hundreds of millions of dollars in financing this time, it will be really comfortable.

  Peter Dier: "Go to the Pacific Heights manor to have dinner together. You can come over after get off work. I will send you the address."

   "Okay!" After Musk confessed some things, he immediately began to change clothes, but he found that his high-end suits had been sold to employees at low prices.

  So he had to go to a specialty store outside and tried on a high-end suit.

   "Sir, this suit is 30,000 dollars"

   Musk asked: "Can I try it on for two days?"

"sure"

   "Where is this leather shoe?"

  "It's okay" The waitress smiled, but she hated this guy in her heart. Many people like this in the United States tried on clothes, wore them for a week, and then returned.

   "Okay, then I want these leather shoes and suits."

  Twenty minutes later, Musk wore a suit and left the store. Tonight, he went to the Pacific Heights manor in San Francisco for dinner.

  He can't be too shabby.

  He won’t really buy a suit and leather shoes this time. Tonight, he will wear them to dinner, and he will return here the next day.

  So he did not remove the sign.

  This scene happened to be filmed by a reporter in the store.

  【The outdated billionaire Elon Musk tried on the Louis Vuitton, which is not outdated, why he dare not take off the card on his clothes

son? 】

   And Musk returned to Tesla’s small factory, always wondering how to persuade the rich man who is going to meet tonight to invest money!

  He racked his brains to rehearse the questions investors would ask, how should he answer them,

A few hours later, he saw the media exploding him again, mocking him, humiliating him, and even saying that he had no money to try on clothes in a Louisville boutique, and he didn’t even dare to pick the brand, and announced him. Will go to return in a week.

  This can irritate Musk so much that he cursed the media.

   Then he adjusted his mood.

   Then set off. From here to Pacific Heights, it takes nearly an hour’s drive.

  His car has been sold, and his private jet has also been sold. Now he can only travel by taxi, bus, and cheap flight.

  He often travels between Los Angeles and Silicon Valley, and he takes Southwest Airlines, the cheapest airline in the United States.

  Sitting in the car, Musk recalled his life.

  He was born in South Africa. His father is an engineer in South Africa, and his mother is Canadian, working as a nutritionist and model.

  Then the parents divorced.

  His school days were not easy.

  In South Africa, it is very chaotic. White people suffer from discrimination and oppression by black people.

  Once he was bullied, was thrown down the stairs and beaten into a coma, and then he was sent to the hospital.

  In 1981, at the age of 10, Musk had his first computer and learned software programming.

  In 1983, at the age of 12, he successfully designed a game called "Blastar" and offered this commercial software a price of $500.

After graduating from high school, Musk moved to Canada with his mother Maye and younger siblings.

  Study at Queen's University.

  It was the most bleak part-time job in his life. With temporary and summer jobs of less than $1 a day, he spent his college time.

  His ultimate dream place is the United States.

  In 1992, he entered the University of Pennsylvania on a scholarship. He graduated at the age of 21 and was admitted to graduate school at Stanford. After two days, he dropped out of school and started his own business.

   Musk and his younger brother Kimball founded Zip2 together, and then was acquired, and obtained the first pot of gold in his life, 22 million US dollars.

   Then he founded the online bank X.com. About a year later, the financial startup Confinity co-founded by X.com and Peter Thiel merged to form PayPal.

  At that time, as a major shareholder, he expelled Peter Thiel from PayPal, and then because of poor management, he was joined by the board of directors by Peter Thiel, and he was expelled from PayPal when he was on vacation.

   But for Musk, it was still a success. When eBay acquired PayPal at the end of 2002, he made another windfall. As the largest single shareholder of PayPal, Musk made a net profit of US$165 million from the US$1.5 billion paid by eBay.

  After realizing financial freedom, he has been thinking: What other problems are most likely to affect the future of mankind? Not just from the perspective of "the best way to make money."

  So he started to chase his scientific dream, change the world, change mankind, create SpaceX company, without investment, many people regard him as a silly pen, an idiot.

  Building rockets for spaceflight, that’s NASA’s business, why do you?

  He had to invest 100 million dollars in it himself.

   was taunted and taunted all the way.

  In 2005, the 34-year-old Musk was worth more than 300 million US dollars. When he was under 40, the three ideals of the Internet, clean energy and space had been realized.

  In 2008, when the financial crisis broke out, his life was terrible. SpaceX’s rocket failed three launches. Tens of millions of dollars of investment turned into a big fireball after the explosion. Because of the high R&D cost, Tesla was also on the verge of bankruptcy.

  He is still at the bottom of his life in 2009, and he still lives on loans.

  Time passed in a flash and arrived at the destination.

  At this time, the driver also recognized him and asked, "Are you Elon Musk from Tesla?"

   Musk was taken aback, then nodded.

  Then the old driver said: “Now the media is saying that your company is bankrupt, and you are also taunting you to borrow clothes to wear at Louis Vuitton”

  After speaking, he glanced at the logo on Musk's clothes.

  "Young people, give up some things, maybe it's better for you"

   Musk took a close look at the old man and asked: "Are you Mr. Anderson?"

  Anderson smiled and said, “I’m old and have nothing to do, drive a taxi, and hear that Ford Motor Company is planning to buy your Tesla company. Why don’t you agree to it? It’s a relief.”

   Musk said with a firm gaze: "If something is very important to me, even if everyone opposes me, I will stick to it."

  Anderson gave Musk a business card and said: "If you go bankrupt, you can come to my family business."

   Musk took it, put it in his pocket, and then came to the Crown Manor in Pacific Heights.

  It was luxurious and extravagant, which made him sigh for a while.

  At this time, he saw Peter Thiel, Alan Mulally, and a mysterious boy, which made him very curious.

  Alan Mulally is the chairman of Ford Motor Company. He had told him to buy his Tesla company before, but he refused at the time.

Why is    also here?

   Could it be that Ford Motor Company intends to invest in his Tesla company?

"Musk, you are finally here, you are in good spirits today" Peter Dier introduced: "This is Mr. Wang, a partner of my company. I forgot to tell you. He invested 200 million in my Palantir company. U.S. dollars, we are partners now."

  Musk looked at such a young boy, and he was suddenly surprised. He thought that the boy in front of him was playing soy sauce tonight, but he did not expect that he was the super rich man Peter Dier said.

   is simply unimaginable.

  When he was young, he was worth hundreds of millions, which is legendary, but now he feels a huge gap.

  This boy must have inherited his money, right?

  At this time, Wang Guanxi said: "Elon Musk, welcome to my manor"

  "Mr. Wang, hello" Musk is neither overbearing nor overbearing.

  Wang Guanxi said: “Let’s have dinner first, and after enjoying the perfect meal, we will talk about business matters”

  "Okay, Mr. Wang"

   Then everyone enters the manor together.

  Dinner is very simple, clamchowder, chestnut cake, salad, garlic bread, crab cakes, tenderloin steak, ToothFish.

  At dinner, while Wang Guanxi was looking at Musk, Musk was also secretly looking at Wang Guanxi.

  Palantir, a mysterious big data company founded by Peter Thiel, serves the CIA. As a friend, he also knows it.

  However, the scale of Palantir is very small, because the customer only has one CIA, and there is not much money in a year.

  After all, it is a big data company. Many commercial companies don't necessarily trust Palantir, because it has a relationship with the CIA, and everyone doesn't like it very much.

  Now that Palantir has actually received a $200 million capital injection from Wang Guanxi, it seems that Peter Thiel intends to expand the customer base.

  In the chat, he also learned that Ford Motor Company has given Palantir a large order to use Palantir's software to improve production efficiency and identify potential safety hazards.

  It seems that Ford Motor Company has also changed its boss. Is Wang Guanxi also the owner of Ford Motor Company?

  To be honest, there are so many news every day, a huge amount of information, and very little can be remembered. He just knows that Ford Motor Company has changed its boss.

   Then Musk asked: "Mr. Wang, Mr. Mulally, do you now control the Ford Motor Company?"

  Alan Mulally smiled and said: "Yes, you guessed it right, the boss of Ford Motor Company is Mr. Wang"

   Musk's heart suddenly surged, and his efforts were only an electric car company with hundreds of people, and Wang Guanxi was so young that he owned a Fortune 500 car giant.

  Chrysler Motors has been bankrupt and reorganized, and General Motors will also go bankrupt. Only Ford Motor Company has resisted.

   is really amazing.

  At such a young age, he is the big boss behind Ford Motor Company, which makes Musk feel a gap in his heart.

  He ran a small electric car company with a few hundred people, and it was almost bankrupt.

  It’s simply incomparable.

   Musk: "Mr. Wang, Mr. Mulally, you have turned the tide in the economic crisis."

  "Chrysler Automobiles has gone bankrupt, and General Motors is about to go bankrupt. Now Ford Motor Company is the only three major US automobile company."

  His Tesla Motors company was almost bankrupt.

  At this time, Wang Guanxi smiled and said: "Musk, you are not bad, Tesla Motors still resisted."

   Musk smiled bitterly: “It’s just been past 2008, and now it spends more than 4 million US dollars a month. I can’t find any money this year, and Tesla Motors may go bankrupt.”

  Wang Guanxi smiled and said, “This media is mocking you every day, saying that your company is going to go bankrupt.”

   Musk smiled awkwardly: "I am used to correcting the shortcomings of the company and myself in the spit."

  The media don’t know what Musk’s economic situation is, but they are well aware of Tesla’s precarious financial situation and take pleasure in making fun of its unstable financial situation every day.

  "Car Truth" website opened a column called "Tesla DeathWatch" in May 2008 and published a series of articles.

  These blog posts refused to admit that Musk was the founder of the company, describing him as the investor and chairman of Tesla who stole Tesla from the talented engineer Eberhard.

  The famous British car TV show "TopGear" criticized Tesla for nothing, making it look as if it had run out of electricity before it hit the road.

"People are paying attention to'Tesla's death countdown' like a joke, but it is actually very cruel." Musk laughed: "Mr. Wang, there were even 50 articles talking about how Tesla will die at the same time. ."

  Wang Guanxi said: "Your SpaceX is actually good too"

  Musk said with lingering fear: “I failed three rocket launches, and I was desperate at the time. Fortunately, Peter Dier’s founder’s fund invested another 20 million US dollars in my SpaceX company.”

   "At the time, I didn't know how many media were watching my jokes, specifically mocking me for pleasure."

   "Even after my rocket is successfully launched, they will still taunt me."

  He remembers that in October 2008, a few weeks after the successful launch of SpaceX, the "Silicon Valley Gossip" returned to the world.

  It first satirizes Musk to replace Drewry as Tesla’s CEO, on the grounds that it believes Musk’s past success is only due to good luck.

   Then it published an email from a Tesla employee to the general public.

  This report claims that Tesla has just gone through a round of layoffs, closed its Detroit office, and only $9 million in funds left in the bank.

   "We have more than 1,200 orders, which means that the tens of millions of cash we received from customers have all been squandered," the Tesla employee wrote.

"At the same time, we only handed over less than 50 cars. In fact, I once persuaded a good friend to buy a Tesla for $60,000. I could not be a bystander without my conscience and let my company continue to deceive. The masses and dear customers. Tesla can be surrounded by these customers and the masses, they should not be deceived."

  Afterwards, Musk wittily discovered the identity of the employee. He copied the text of the letter into a Word document and learned the size of the file.

   Then he submitted the file to the printer, and then found a file of the same size in the printer's print record. In this way, he found the employee who printed the original document. The employee voluntarily resigned after writing an apology letter.

   Musk escaped another catastrophe because of his wit.

  "Fortunately, I found out in time and asked the employees to apologize, otherwise the company would be over and the investors would not raise funds for me."

  Speaking of this, Musk has a lingering fear.

  Wang Guanxi smiled and said: "Musk, you are so witty"

   Then Musk said frankly: "Although I am not honest enough, the company has survived temporarily."

  Wang Guanxi smiled and said: "These media will not let you go."

   "Now open the media and take a look. The news in the automotive section is negative for your news."

   Musk smiled bitterly: “Yes, most of the negative attention is something Tesla deserves. Everyone hates the rich because of the economic crisis, and I have become a nameless rich, and the media has not let me go.”

  In fact, in 2008, people’s hatred of bankers and rich people turned him into a target of public criticism!

  Thinking of this, he said: "I was shot by a pistol in turn. There are many people who are gloating. This is very detrimental to me in all aspects."

  Wang Guanxi: "Then you are quite miserable, how did you survive?"

Musk's eyes turned red, and he said: "I don't know how to get over it. At the time, my ex-wife Justin tortured me through the media. There were always negative reports about Tesla in the media and SpaceX's third launch failure. The report, this is a great harm to me. It makes me seriously suspect that I can’t live my life anymore, I can’t do a car, I’m going through divorce proceedings and all of this. I feel like I’m useless. I think My company can't survive. I think maybe everything is over all of a sudden."

Wang Guanxi now wants to know more about Tesla Motors and SpaceX from the corner of Musk’s mouth, with a good valuation, so he asked: “How did you rescue Tesla Motors and Space at the time? Save you To be more specific, I want to understand how you face difficulties. If I invest, it is more about the entrepreneur’s personal confidence and courage."

  At present, Wang Guanxi does not know how much to value Tesla or SpaceX, but how much Musk can value, Wang Guanxi still has to listen to his specific story.

   Musk recalled, and said: “At that time, when I looked at the financial situation of SpaceX and Tesla, I found that only one company had a chance to survive.

  I can only choose SpaceX or Tesla, or split the funds in half"

Musk sighed and said, "This is a difficult decision. If I separate the funds, the two companies may not be able to survive. If I give all the funds to one of the companies, the probability of its survival will be higher, but This also means that another company must go bankrupt. I have been thinking about it for a long time."

  "At that time, when I was thinking hard, the economic environment in the United States deteriorated sharply and my financial situation became more difficult. When 2008 came to an end, my money ran out.

  My new girlfriend appeared, and she saw my life as a Shakespearean tragedy.”

  "Sometimes I open my heart to her, but sometimes I retreat to my own world"

   Musk recalled the days he spent with his second girlfriend, Riley. It was his hardest time.

  Lilly will secretly observe Musk reading emails, and when he receives bad news, he will look sad. "You will see him talking to himself in his mind," Riley said. "It is painful to see the one you love suffers so much."

  Because of long hours of work and irregular diet, Musk's weight fluctuates up and down.

   Eye bags began to appear under his eyes, and his face looked like a tired athlete after a long marathon.

   "He looks like a **** of death," Riley said. "I thought this guy would die from a heart attack. He looked like he was on the verge of death."

   Musk often has nightmares in the middle of the night and wakes up screaming. "He is suffering physiologically,"

  Lilly said, "He will crawl on top of me and start screaming while he is asleep."

  At the time, Musk asked that he had to borrow money from his friends, and Riley’s parents were willing to mortgage their house again and lend money to Musk.

   Musk also sold his private jet, and in the future, he can only start to fly Southwest Airlines between Los Angeles and Silicon Valley, which is American low-cost airline!

  Because it costs about 4 million US dollars a month, Tesla needs to complete a new round of financing to survive in 2008. In order to pay employees a weekly salary, Musk can only ask friends for help while dealing with investors.

  He sent a sincere request to every friend he thought of who might squeeze out a little money.

  Bill Lee invested $2 million in Tesla, and Sergey Brin also invested $500,000.

   "Many Tesla employees are paying to help keep the company running,"

   "They all became investors in the end, but at the time, these were $25,000 or $50,000 with no return. At that time, it seemed like it was going to be finished and everything was going to be destroyed."

   Musk’s younger brother Kimbal lost most of his assets in the financial crisis, but he still sold his little remaining property to invest in Tesla.

  Tesla charged customers who bought Roadster an upfront payment. Musk needed the money to keep the company running, but soon, the funds ran out.

  Although he embezzled other people’s property at the risk of going to jail!

  But Musk believes that he will get everything on track!

   "I almost went to jail, but fortunately everything was fine" Musk said with lingering fear, his face was full of bitterness and bitterness, and his eyes were moist.

Wang Guanxi also had to accept Musk’s tyranny, and then said: “Musk, I will invest in your Tesla company. I already have a valuation of Tesla in my heart. I want to hear about your SpaceX. company!"

   Musk recalled for a moment, and said: "I started several projects at the same time in December last year to try to save my company."

  At that time, Musk heard rumors that NASA was about to sign a supply contract for the International Space Station, and SpaceX had a chance to win the contract, which was said to exceed $1 billion because of the successful fourth launch.

   Musk used the relationship to contact Washington in advance and found that SpaceX may be the number one candidate for this contract.

  So, he did everything to try to convince everyone that the company has enough ability to overcome difficulties and send the space capsule to the International Space Station. As for Tesla, Musk can only ask existing investors again, hoping that they can raise another batch of funds on Christmas Eve to avoid the company's bankruptcy.

  In order to give investors a little confidence, Musk did his best to invest his remaining assets and funds into the company.

  After getting permission from NASA, he borrowed a sum of money from SpaceX to fund Tesla.

  He tried to sell his shares in the solar installation company SolarCity on the secondary market.

  He also made $15 million when Dell tried to acquire Everdream, a data center software company founded by his cousin and his own investment.

  Everdream this sale saved Musk’s business.

   Then Musk himself raised nearly 20 million U.S. dollars and asked Tesla’s existing investors—because no new customers were willing to invest—to put out the same amount of money.

  Investors agreed to his request.

  On December 3, 2008, when the documents for this round of financing were finally confirmed, Musk discovered a problem. VantagePoint Capital, a venture capital firm, signed all the documents, but did not sign on the most important page.

   Musk immediately called Alan Salzman, co-founder and manager of VantagePoint, to ask about the situation.

  Salzman answered that the company had some questions about this round of financing because they lowered the valuation of Tesla.

"So I said, I have a good idea. I've staked my destiny on it, and it's really hard for me to raise money now. The money in the bank is only enough to cover next week's salary. So unless you have something else Idea, can you please invest in the amount of funds you think is reasonable, or try your best to avoid the company's bankruptcy through this round of financing?" Salzman hesitated, so he asked Musk to come to the company at 7 o'clock in the morning next week to explain directly to the senior management.

  Can’t wait for a week, Musk asked to go the next day, but Salzman refused his request, leaving Musk to continue to rely on loans.

   "The only reason Salzman set up the meeting in his office was that he wanted me to kneel down and beg him for money, and then he could say ‘no’ to me arrogantly. This guy is such a bastard."

  VantagePoint refused to talk about this, but according to Musk, Salzman’s plan was to break Tesla and make it bankrupt.

  The investment company wants to expel Musk from Tesla, reorganize its assets, and make itself the largest shareholder of Tesla.

  Then they can sell the company to a Detroit automaker or focus on selling electronic powertrains and battery packs instead of building electric cars.

  Wang Guanxi couldn’t help saying: “This VantagePoint is forcing an entrepreneur with a broader dream to swallow and give up the dream. Maybe they are used to using this trick to force the CEO to give in, but you don’t want this one!”

   Musk smiled bitterly: "Yes, I don’t take his set, so I took a bigger risk at the time."

  At that time, Musk changed Tesla’s round of financing from shareholder equity financing to debt financing, because VantagePoint could not interfere in debt financing.

  But the tricky thing is that this type of venture capital institution does not carry out debt financing transactions. For a company that may go bankrupt within a few days, persuading investors and banks to change its investment strategy is a very difficult task.

  Musk, who knows the rules of the game, decides to bluff.

  He told investors that he could borrow $40 million from SpaceX again to complete this round of financing.

  His strategy worked.

Wang Guanxi also had to obey Musk’s methods, which really turned the tide, he smiled: “In fact, if opportunities become scarce, then naturally people will become greedy and more interested, which makes it easier for us to return to the company and say, 'This is the situation now, to vote or not to vote?"

   "Yes, they all finally agreed. This round of financing was finally completed on Christmas Eve, and Tesla may declare bankruptcy a few hours later," Musk said with a hush.

  At that time, Musk had only a few hundred thousand dollars left, and he could not even pay his employees the next day. In the end, Musk contributed 12 million US dollars to this round of financing, and the remaining part was provided by the investment company.

   Regarding Salzman’s behavior, Musk said: “He should feel ashamed and regret it! I must make him feel regretful!”

  Wang Guanxi smiled and said: "I will definitely regret it, it is because he has no vision."

   "Haha, fortunately, I am still lucky after all, but the God of Destiny always jokes with me" Musk laughed bitterly.

  At SpaceX, Musk and the executives spent December in panic.

  SpaceX, the number one contender for the NASA contract, suddenly lost the space agency’s favor.

   Michael Griffin, who almost became the co-founder of SpaceX, became NASA’s new boss and began to target Musk everywhere.

  Griffin doesn’t care about Musk’s aggressive business strategy. He believes that Musk’s scoring is not in line with business ethics. Others speculate that Griffin is jealous of Musk and SpaceX.

  Because Griffin is eager to build a new large spacecraft to consolidate his position in this industry. But with the great success of Aubama in the 2008 U.S. presidential election, Griffin, who was appointed by Bush, knew that his days as NASA chairman had come to an end, and SpaceX seemed to be interested in building the latest and most advanced machine. With full confidence.

  By December 23, 2008, SpaceX received a huge good news.

  The staff in NASA continued to do work for Griffin and eventually succeeded in helping SpaceX become a supplier to the International Space Station. SpaceX therefore received 1.6 billion U.S. dollars as the cost of 12 transportations for the International Space Station.

  At the time, Musk and his younger brother Kimbal were pulling cables at the factory. Hearing that the deal between SpaceX and Tesla went smoothly, Musk shed tears with excitement.

"I didn't even have a chance to buy a Christmas present for Dalula," Musk said. "I ran down the street in Boulder, and there was only one shop selling miscellaneous gadgets still open, but it was fast too. It's closed. The best things I can find there are plastic monkeys and coconuts-those three monkeys (three monkeys, one covering the eyes, one covering the ears, and the other covering the mouth)."

  Speaking of this, Musk smirked and really cried.

  All this is extremely difficult, it is a character who has crawled out of the abyss.

  A generation of legends naturally has its extraordinary. When facing great sufferings and difficulties, he always has the courage, courage, determination, and confidence that ordinary people do not have.

  For Wang Guanxi, he also fully understands Musk's character.

  This is a man who came to the United States to fight with his bare hands, lost a South African boy, was humiliated by reporters and his ex-wife in the media, and was on the verge of bankruptcy.

"Mr. Musk, you work harder than anyone I know, and can withstand more pressure," Wang Guanxi said: "Everything you endured in 2008 may have broken other people. You don't just survive. And continue to focus on your work."

  The ability to still focus on work in a crisis makes Musk stand out from other managers and competitors.

"Most people who have experienced that kind of pressure shrink back," Wang Guanxi said: "They make mistakes in decision-making. But you become more rational and can still make clear and far-sighted decisions. The greater the pressure, the more you do. The better. Anyone who has seen everything you have experienced respects you, Mr. Musk, I have never seen anyone more determined than you."

   Musk wiped his tears, "I'm just lucky, Mr. Wang, you look at me too high"

  Wang Guanxi thought for a while, and said: "Mr. Musk, I will give you a high valuation and become your partner. What do you think?"

   Musk asked: "What's the valuation?"

Wang Guanxi said: "SpaceX, I will value you 900 million U.S. dollars and inject 600 million U.S. dollars. You don't need to go around to pool money now. I will give you a valuation of 1.2 billion U.S. dollars and 800 million U.S. dollars for Tesla. I don’t need to take a loan. I don’t need to raise money. I don’t worry about not being able to pay wages. I just wait for Tesla to go public. I will promote Tesla to go public soon.”

  "You can rest assured that the control of the company is still in your hands. I only need 30% of the voting rights of the two companies."

  "At the same time, Ford Motor Company will also cooperate with Tesla Motors!"

   Musk was stunned. SpaceX said that at least the valuation has more than doubled, and Tesla is now far less worth 1.2 billion US dollars.

  Wang Guanxilai as a partner, only has 30% of the voting rights, this is no problem.

  Especially a full 1.4 billion U.S. dollars.

  My God, where can I find so much money!

  This is all cash.

  With so much money, it is about to fly, and all the bad things of the company can be solved!

  It was taunting, humiliating, and ridiculing him, his face was beaten and swollen,

  Louis Vuitton worn tonight, he does not plan to return it.

   Musk immediately said: "Wang, we have a happy cooperation. Having a partner like you is undoubtedly the luck in my life. God must have favored me."

   After Musk was about to give Wang Guanxi a hug, Wang Guanxi immediately avoided.

  "No, no, no"

   Musk laughed and gave Wang Guanxi a big hug.

  In the next few days, Wang Guanxi and others visited Musk’s Tesla and SpaceX.

  At present, the total number of personnel in the two companies is more than 1,000. Because Musk is short of money and has experienced major layoffs, he does not plan to find anyone yet.

  However, there will be 1.4 billion US dollars immediately, and Musk is immediately ready to recruit personnel.

   Musk said: "Wang, am I good here?"

Then he pointed to the rocket model in the distance, and said: "My Falcon rocket will replace all human rockets in the future! The best rocket, the lowest cost rocket, will be my SpaceX company. In the future, I plan to open the interstellar. Immigration plan, although no one believes me, I will still do it. I hope you will support me!"

  In 2001, he planned a project called "Mars Oasis", planning to land this small experimental greenhouse on Mars, which contains crops grown in Martian soil. However, when he found that the launch cost was much higher than the R&D and engineering costs of this project, he postponed the project temporarily, ideally turning himself into a rocket expert.

After Paypal was acquired, he gained financial freedom and began to pursue scientific dreams. He immediately established SpaceX to study how to reduce the cost of rocket launches. Apart from anything else, he immediately invested 100 million US dollars in SpaceX. His ambition was to launch. The cost is reduced to 1/10 of the commercial space launch market, and it is planned to develop the world's largest rocket for interstellar migration in the future.

  Wang Guanxi nodded: "I believe you, I can definitely do it!"

   Musk did reduce the cost of rockets to one-tenth of the market, or even lower. NASA’s rockets were crushed. NASA had to give SpaceX orders, and even Boeing had to give orders.

   Musk is also working on a starship plan to colonize Mars. Now it sounds like everyone thinks this is a boastful, idiot, and idiot.

   But he still got it done.

  At this time Musk asked: "Then let's sign the agreement"

  Now he can't wait to get the 1.4 billion US dollars in funding, which will solve all the problems he faces.

  He feels that his life is really fortunate. Sure enough, after he has passed the lowest point of his life, he will usher in a huge leap.

   "Okay!" Wang Guanxi nodded, and then signed the agreement.

  Wang Guanxi transferred 1.4 billion U.S. dollars from the No. 1 Fund to the Wang Venture Capital Foundation, and then injected 600 million U.S. dollars into SpaceX, and Tesla injects 800 million U.S. dollars.

  In this regard, Wang Guanxi became Musk’s partner, holding 40% of SpaceX’s shares, 40% of Tesla’s shares, and 30% of the voting rights in both companies!

  (End of this chapter)

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