
Elon Musk delivers emotional message on humanity's future
- Length
- 5 min
- Language
- English
- Text from
- the video's captions
- Transcribed
- 13 October 2026
Summary
This is a short Fox Business clip of Elon Musk speaking at a SpaceX event, carried live on the network. Musk says he originally gave SpaceX less than a 10% chance of succeeding, but that the company was needed to make life multi-planetary. He says SpaceX wants to take ordinary people, not just astronauts, to the Moon, Mars and beyond, and to create an inspiring future. The clip ends with applause and brief studio reaction.
Key points
- Musk says he gave SpaceX less than a 10% chance of succeeding when it started.
- He says existing aerospace companies were not pursuing technology to make life multi-planetary.
- SpaceX's goal is to take the fiction out of science fiction and create an exciting, inspiring future.
- Musk says SpaceX wants to take anyone who wants to go to the Moon, Mars or anywhere in the solar system, not just a few astronauts.
- He says he is confident the SpaceX team will achieve this.
- He notes there will always be problems on Earth, but the future should also be something that makes you glad to wake up in the morning.
- The clip aired on Fox Business with the Dow up 285 points at the time.
Questions it answers
00:00Live listen-in begins
What is happening in this clip?
Fox Business cuts to a live listen-in of Elon Musk speaking at a SpaceX event, with the Dow up 285 points at the time.
- The clip is a live broadcast moment on Fox Business.
- Musk is speaking at a SpaceX event.
00:20SpaceX's slim odds
What chance did Musk give SpaceX of succeeding?
He gave SpaceX less than a 10% chance of succeeding at all, and told people they were probably going to fail but should try anyway.
- Musk estimated less than a 10% chance of success.
- He believed a new space company was necessary for a space-faring civilization.
00:59Making life multi-planetary
Why did Musk start SpaceX if other companies built good rockets?
He says other aerospace companies were not pursuing technology to make life multi-planetary, so SpaceX was created to make the science-fiction future real.
- SpaceX aims to take the fiction out of science fiction.
- The goal is an exciting, inspiring future for everyone.
01:54Space for everyone
Who does Musk say SpaceX wants to take to the Moon and Mars?
He says SpaceX wants to take anyone who wants to go — literally "you," the viewer — not just a few astronauts, and he is confident the team will do it.
- SpaceX's offer is aimed at ordinary people, not just astronauts.
- Musk expresses confidence in the SpaceX team.
02:54An inspiring future
How does Musk frame Earth's problems versus the future?
He says there will always be problems on Earth that should be solved, but people also need a future that excites them and makes them glad to wake up in the morning.
- Earth's problems should be solved.
- SpaceX aims to bring an inspiring future people look forward to.
Notes
Overview
- This is a brief Fox Business live listen-in to Elon Musk speaking at a SpaceX event.
- The network notes the Dow is up 285 points at the time of the broadcast.
SpaceX's Founding Odds
- Musk says he gave SpaceX less than a 10% chance of succeeding at all.
- He told people the company would probably fail, but it was worth trying because without a new company entering space, humanity would never be a truly space-faring civilization.
- He jokes that if someone had told him about the company's later success, he would have said they must be smoking "some really good crack."
The Mission
- Musk says other aerospace companies build good rockets but were not pursuing technology to make life multi-planetary.
- SpaceX's purpose is to take the fiction out of science fiction and make the exciting futures people have read about real.
- He wants SpaceX to take anyone who wants to go to the Moon, Mars, or anywhere in the solar system and maybe beyond — "literally you," not just a few astronauts.
- He expresses confidence in the SpaceX team to deliver this.
On Earth's Problems
- Musk acknowledges there will always be problems on Earth that should be solved.
- But he argues people also need a future that gets them excited and makes them glad to wake up in the morning.
Closing
- The clip ends with cheers, applause, a bell sounding, and brief studio reaction.
Text from the video's own captions. Summary and notes written by AI from the transcript, so check anything important against the recording.
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