Greek-American Peter Diamantis has known Elon Musk for 17 years. That is, long before the CEO of Tesla and SpaceX became the richest man in the world, since he was in danger of bankruptcy as he tried to build a rocket capable of going into space.
As Diamantis writes to his 165 thousand followers on Twitter, he had the opportunity to see his meteoric rise to the one who today is admittedly the most important businessman of our time.
But how did Elon Musk get here? He succeeded because he works with the “reasoning of the first principle”, says Diamantis.
Musk himself has described this way of thinking as follows: “I think it is important to start thinking from the basic principles and not from analogy. The normal way we go about our lives is analogy. We follow what has already happened or what other people are doing. These are small differences in the same subject.
The first principles are the way you see the world through physics. You are looking to find the most fundamental truths and you say ‘What are we sure is true?’. And then, you start your reasoning from there “.
This allows Elon Musk to reconsider a problem from its ground up, from its fundamental principles, until it finds a solution that not everyone else has. For example, when developing new batteries, Musk continued to look for a more affordable solution, as he refused to accept that whatever options were already available were the best that could be done. This allowed him to develop a battery at a cost of $ 80 per KWH, up from $ 600 per KWH.
Who is Peter Diamantis?
His life could be taken from a science fiction comic. The MIT and Harvard Medical School graduate, entrepreneur, author and space enthusiast has been at the forefront of technology for decades.
“I grew up in a time when people had very big dreams,” the Bronx-born Greek-American said in an earlier interview. “I was born near the end of the Apollo program, playing Star Trek. “I believed then and I believe now that for the human species, the ultimate path of evolution moves beyond the borders of the earth.”
Like Tesla co-founder Elon Musk and Amazon Jeff Bezos, who have set up space exploration companies, Diamantis is also a member of the closed group of Silicon Valley businessmen who have the opportunity to live their childhood dream.
After founding a number of space companies in one way or another, in the late 1980s and early 1990s, Diamantis became known as the XPRIZE Foundation, which offers cash prizes to sponsored companies. , in order to encourage specific innovations. The first $ 10 million prize, announced in 1996, aimed to create a private spacecraft capable of carrying passengers.
According to the businessman, his inspiration for XPRIZE was the various competitions of the early 20th century, which gave a huge boost to aviation, encouraging competition and innovation. Some competitions asked ambitious pilots to cross the English Channel and others the Atlantic. They were dangerous, but they laid the foundation for the experimentation that gave birth to the current $ 5 billion aviation industry, he explains. From the first X PRIZE came SpaceShipOne, the predecessor of Richard Branson’s Virgin Galactic spacecraft. This year, he partnered with Elon Musk on a $ 100 million XPRIZE for atmospheric carbon removal technologies.
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