1 00:00:02,160 --> 00:00:03,960 Speaker 1: Do they sell ICBMs? Does that work? 2 00:00:04,160 --> 00:00:05,480 Speaker 2: Yeah? 3 00:00:06,000 --> 00:00:07,680 Speaker 3: You gotta tell us a story that I want to 4 00:00:07,680 --> 00:00:08,320 Speaker 3: know who. 5 00:00:09,680 --> 00:00:10,440 Speaker 2: Anything in Russia? 6 00:00:10,480 --> 00:00:12,959 Speaker 4: And what do you tell your friends? Yeah, listen, I'm 7 00:00:12,960 --> 00:00:14,040 Speaker 4: going to rush a device and mice. 8 00:00:14,240 --> 00:00:18,840 Speaker 3: Yes, you are listening to a forty seven Morning Update 9 00:00:19,000 --> 00:00:23,159 Speaker 3: exclusive with Ben Ferguson. Good Wednesday morning, Ben Ferguson, with you. 10 00:00:23,160 --> 00:00:24,959 Speaker 3: It's so nice to have you on the forty seven 11 00:00:25,040 --> 00:00:27,440 Speaker 3: Morning Update. And this morning is part two of the 12 00:00:27,480 --> 00:00:29,319 Speaker 3: sit down interview that I was a part of with 13 00:00:29,480 --> 00:00:33,000 Speaker 3: Elon Musk. This part of the interview you're gonna love 14 00:00:33,120 --> 00:00:36,279 Speaker 3: because we talk about the astronauts that were caught as 15 00:00:36,360 --> 00:00:40,240 Speaker 3: political prisoners in outer space. As you know, the astronauts 16 00:00:40,240 --> 00:00:44,199 Speaker 3: stuck in space for nine months after what was supposed 17 00:00:44,240 --> 00:00:50,320 Speaker 3: to be a simple eight day mission. Well they're finally home. 18 00:00:50,800 --> 00:00:55,520 Speaker 3: Why because of Elon Musk in space x. So here 19 00:00:55,600 --> 00:00:58,680 Speaker 3: is part two of that interview with Elon Musk. 20 00:00:59,600 --> 00:01:03,240 Speaker 1: What does man first set foot on Mars? 21 00:01:04,600 --> 00:01:10,000 Speaker 4: I think the soonest would be twenty nine, twenty nine, yes, 22 00:01:10,920 --> 00:01:13,840 Speaker 4: and I don't think it's more than two to four 23 00:01:13,880 --> 00:01:14,600 Speaker 4: years beyond that. 24 00:01:15,200 --> 00:01:17,880 Speaker 1: And that's not an unman, that's that's a human being. 25 00:01:19,040 --> 00:01:20,440 Speaker 1: Putting his foot on the surface. 26 00:01:21,160 --> 00:01:22,720 Speaker 2: Yes, best case would be twenty nine. 27 00:01:24,240 --> 00:01:26,400 Speaker 1: And what do you what do you put the odds 28 00:01:27,040 --> 00:01:30,720 Speaker 1: of finding either alien life or evidence of alien life. 29 00:01:31,319 --> 00:01:34,800 Speaker 2: I don't think we're going to find aliens, okay, but do. 30 00:01:34,800 --> 00:01:36,440 Speaker 1: We find ruins? Do we find remnants? 31 00:01:37,319 --> 00:01:39,080 Speaker 4: We may We may find the ruins of a long 32 00:01:39,120 --> 00:01:44,520 Speaker 4: dead alien civilization, that's possible. And we may find subterranean 33 00:01:44,920 --> 00:01:45,840 Speaker 4: microbial life. 34 00:01:45,880 --> 00:01:46,560 Speaker 2: That's possible. 35 00:01:47,120 --> 00:01:49,760 Speaker 1: All right. If man lands on Mars in twenty nine, 36 00:01:50,640 --> 00:01:53,279 Speaker 1: how soon after that do you land on Mars? 37 00:01:54,480 --> 00:01:55,800 Speaker 2: It remains to be seen. I'm not sure. 38 00:01:55,920 --> 00:01:59,880 Speaker 4: The important thing is that are we uh both a 39 00:02:00,040 --> 00:02:04,720 Speaker 4: self sustaining city on Mars as quickly as possible. The 40 00:02:05,520 --> 00:02:11,760 Speaker 4: key threshold is when that city can't continue to grow, 41 00:02:11,840 --> 00:02:16,080 Speaker 4: continue to prosper, even when the supply ships from Earth 42 00:02:16,240 --> 00:02:20,440 Speaker 4: stop coming. At that point, even if something would happen 43 00:02:21,200 --> 00:02:23,400 Speaker 4: on Earth, it might, it might. It might not be 44 00:02:23,480 --> 00:02:26,960 Speaker 4: World War three, but it might be that. 45 00:02:27,120 --> 00:02:28,080 Speaker 1: A bad virus. 46 00:02:28,280 --> 00:02:30,480 Speaker 2: Yeah, it might not be anything. For those things. 47 00:02:30,480 --> 00:02:32,200 Speaker 4: It's like like like say, civilization, you could die with 48 00:02:32,240 --> 00:02:34,160 Speaker 4: a bang or a whimper. It may be that civilization 49 00:02:34,520 --> 00:02:37,960 Speaker 4: dies with a whimper rather than a bang or and 50 00:02:37,960 --> 00:02:41,640 Speaker 4: simply loses the ability to send ships to Mars. But 51 00:02:42,040 --> 00:02:45,200 Speaker 4: so you obviously need Mars to become self sustaining and 52 00:02:45,240 --> 00:02:49,480 Speaker 4: be able to grow by itself before the resupply ships 53 00:02:49,520 --> 00:02:53,000 Speaker 4: from Earth stopped coming. That that is the critical a 54 00:02:53,080 --> 00:02:58,359 Speaker 4: civilizational threshold beyond which the probable life span of civilization 55 00:02:58,560 --> 00:02:59,200 Speaker 4: is much greater. 56 00:02:59,760 --> 00:03:02,560 Speaker 1: And how close are we technologically to be able to 57 00:03:02,600 --> 00:03:06,920 Speaker 1: do that, to have a self sustaining settlement on the 58 00:03:06,919 --> 00:03:08,280 Speaker 1: surface of Mars. 59 00:03:08,840 --> 00:03:10,440 Speaker 2: I think it can be done in twenty years. 60 00:03:11,000 --> 00:03:13,520 Speaker 1: How do you turn PayPal into the success it was, 61 00:03:13,600 --> 00:03:15,720 Speaker 1: which then helped launch you to the next one and 62 00:03:15,800 --> 00:03:16,240 Speaker 1: the next one. 63 00:03:16,720 --> 00:03:16,960 Speaker 2: Yeah. 64 00:03:17,000 --> 00:03:20,440 Speaker 4: So I studied physics and economics and college. She's a 65 00:03:20,440 --> 00:03:23,600 Speaker 4: good foundation for understanding how the economy works and how 66 00:03:23,800 --> 00:03:29,880 Speaker 4: reality works. And then I was going to do a 67 00:03:29,919 --> 00:03:38,280 Speaker 4: PhD at Stanford in advanced ultra capacitors actually as a 68 00:03:39,520 --> 00:03:46,240 Speaker 4: potential means of energy storage for electric transport. Put that 69 00:03:46,280 --> 00:03:51,920 Speaker 4: on hold to start an Internet company. Essentially came to 70 00:03:51,960 --> 00:03:53,920 Speaker 4: the conclusion that the Internet was one of those rare 71 00:03:53,960 --> 00:03:57,160 Speaker 4: things and I could either watch it happen while a 72 00:03:57,160 --> 00:03:59,840 Speaker 4: grad student or participate. And I figured I've always go 73 00:03:59,880 --> 00:04:01,560 Speaker 4: to act to grad school you know, grad school is 74 00:04:01,560 --> 00:04:05,480 Speaker 4: going to be kind of the same. But I couldn't 75 00:04:05,560 --> 00:04:07,680 Speaker 4: rather thought of just watching the Internet happen, so I 76 00:04:07,680 --> 00:04:09,960 Speaker 4: wanted to be a part of building it. So I 77 00:04:10,040 --> 00:04:14,640 Speaker 4: created an Internet Internet company. We did the first maps, directions, 78 00:04:14,680 --> 00:04:18,279 Speaker 4: yellow pages, white pages on the Internet. I actually wrote 79 00:04:18,320 --> 00:04:21,800 Speaker 4: the first version of software just by myself in ninety five, 80 00:04:22,720 --> 00:04:29,280 Speaker 4: and we ended up selling that to Compact Texas company 81 00:04:29,320 --> 00:04:32,719 Speaker 4: I guess YEP for about three hundred million dollars in 82 00:04:32,760 --> 00:04:37,360 Speaker 4: cash about four years after I graduated. Wow, So I 83 00:04:37,360 --> 00:04:40,040 Speaker 4: should say just to preface that I graduated with about 84 00:04:40,040 --> 00:04:41,479 Speaker 4: one hundred thousand dollars a student debt. 85 00:04:41,760 --> 00:04:44,880 Speaker 2: So it wasn't yeah you and me both yeah, yeah, 86 00:04:45,080 --> 00:04:46,960 Speaker 2: where right? I know? 87 00:04:48,520 --> 00:04:50,400 Speaker 4: And when I first arrived in North America, I arrived 88 00:04:50,400 --> 00:04:53,560 Speaker 4: with twenty five hundred dollars, a bag of books and 89 00:04:54,000 --> 00:04:54,839 Speaker 4: a bag of clothes. 90 00:04:55,440 --> 00:04:55,760 Speaker 2: All right. 91 00:04:55,800 --> 00:04:58,800 Speaker 1: So two thousand and two you start SpaceX, Like, how 92 00:04:58,800 --> 00:05:01,120 Speaker 1: do you start a rocket compan Like what's the first 93 00:05:01,240 --> 00:05:03,760 Speaker 1: day where you're like, I want to make rockets and 94 00:05:03,800 --> 00:05:05,159 Speaker 1: I want to go to Mars? Like what do you 95 00:05:05,200 --> 00:05:05,880 Speaker 1: do on day one? 96 00:05:06,520 --> 00:05:09,120 Speaker 4: So I think you have to start with a some 97 00:05:09,160 --> 00:05:13,000 Speaker 4: sort of philosophical premise in order to have in order 98 00:05:13,080 --> 00:05:16,240 Speaker 4: for the in order to be in order to be 99 00:05:16,279 --> 00:05:19,480 Speaker 4: highly motivated, you have to have some. 100 00:05:20,960 --> 00:05:24,600 Speaker 2: Philosophical foundation. In my case, it was. 101 00:05:26,400 --> 00:05:29,440 Speaker 4: That that we want to expand the scale, the scope 102 00:05:29,440 --> 00:05:33,960 Speaker 4: and scale of consciousness to better understand the nature of 103 00:05:33,960 --> 00:05:40,320 Speaker 4: the universe. And in order to expand scale, expand consciousness, 104 00:05:40,320 --> 00:05:43,080 Speaker 4: we need to go beyond one planet. If for one 105 00:05:43,120 --> 00:05:46,760 Speaker 4: planet there's there's too much risk. You know, hopefully Earth 106 00:05:47,040 --> 00:05:49,760 Speaker 4: civilization prospers very far into the future, but it may not. 107 00:05:49,839 --> 00:05:52,840 Speaker 4: There's always some risk that we are we self annihilate 108 00:05:52,839 --> 00:05:56,479 Speaker 4: through nuclear war, or that there's a big meter that 109 00:05:56,640 --> 00:05:59,080 Speaker 4: takes us out like the dinosaurs. Ye, there's always some 110 00:05:59,160 --> 00:06:00,919 Speaker 4: risk if all your eggit are in one basket. So 111 00:06:00,960 --> 00:06:04,840 Speaker 4: it's going to be better if we're a multiplanet species. 112 00:06:05,480 --> 00:06:07,560 Speaker 4: And then once we're a multiplanet species, that the next 113 00:06:07,560 --> 00:06:10,000 Speaker 4: step would be to be a multi stellar and have 114 00:06:10,360 --> 00:06:16,480 Speaker 4: a civilization on many different star systems. So in two 115 00:06:16,520 --> 00:06:18,760 Speaker 4: thousand and one, I didn't think that I could I 116 00:06:18,760 --> 00:06:20,320 Speaker 4: didn't think I could sell a rock company, so I 117 00:06:21,440 --> 00:06:26,160 Speaker 4: thought I'd take some of the money from PayPal. In 118 00:06:26,400 --> 00:06:29,080 Speaker 4: that case, I think was about one hundred and eighty 119 00:06:29,160 --> 00:06:33,360 Speaker 4: million dollars after tax something like that, and I thought, 120 00:06:33,400 --> 00:06:35,440 Speaker 4: you know, I don't need one hundred and eighty million dollars, 121 00:06:35,520 --> 00:06:40,240 Speaker 4: so I'll spend a bunch of it on a philanthropic 122 00:06:40,320 --> 00:06:45,040 Speaker 4: Mars mission to get the public excited about going back 123 00:06:45,040 --> 00:06:49,039 Speaker 4: to Mars. We're going to Mars, I should say. Yeah, 124 00:06:49,440 --> 00:06:51,960 Speaker 4: Mars was always going to be the destination after the Moon. Right. 125 00:06:52,880 --> 00:06:55,640 Speaker 4: In fact, if you told people in nineteen sixty nine 126 00:06:55,920 --> 00:06:58,120 Speaker 4: that it would be twenty twenty five and we've not 127 00:06:58,160 --> 00:07:00,440 Speaker 4: even gone back to the Moon, let alone, it's hard 128 00:07:00,440 --> 00:07:03,000 Speaker 4: to believe, let alone Mars, they'd be like what happened 129 00:07:03,040 --> 00:07:07,720 Speaker 4: in the civilization collapse top, Yeah, like they would be 130 00:07:07,800 --> 00:07:10,560 Speaker 4: incomprehensible that we've not been to Mars. By now, if 131 00:07:10,560 --> 00:07:12,600 Speaker 4: you told people listen, after landing on the Moon in 132 00:07:12,640 --> 00:07:13,360 Speaker 4: sixty nine. 133 00:07:14,000 --> 00:07:15,920 Speaker 1: What do you think in fifty years America never went 134 00:07:15,960 --> 00:07:16,480 Speaker 1: back to the Moon. 135 00:07:17,240 --> 00:07:20,200 Speaker 4: Well, we destroyed the Saturn five rocket that was that 136 00:07:20,440 --> 00:07:22,520 Speaker 4: could take people to the Moon, and had the Space Shuttle, 137 00:07:22,520 --> 00:07:26,520 Speaker 4: which could only go to lowth orbit, and then there 138 00:07:26,520 --> 00:07:30,800 Speaker 4: really hasn't been anything to replace any No vehicle has 139 00:07:30,800 --> 00:07:33,600 Speaker 4: been made since then that can go to the Moon 140 00:07:33,680 --> 00:07:38,480 Speaker 4: or to Mars until the SpaceX Starship rocket. Yeah, so 141 00:07:39,160 --> 00:07:40,760 Speaker 4: you can't go to Mars if you don't have the ride. 142 00:07:41,040 --> 00:07:43,360 Speaker 1: So a few months ago you and I were down 143 00:07:43,640 --> 00:07:46,280 Speaker 1: in Boca Chica with a president for a starship launch. 144 00:07:46,560 --> 00:07:49,760 Speaker 1: And it is incredible what you built in Boca Chica. 145 00:07:49,760 --> 00:07:52,160 Speaker 1: You know, five years ago it was an empty beach 146 00:07:52,640 --> 00:07:55,440 Speaker 1: at the southern tip of this sandbar. Yeah, and it's 147 00:07:55,520 --> 00:07:58,440 Speaker 1: now a city and a factory where you're building a 148 00:07:58,480 --> 00:08:02,160 Speaker 1: rocket ship a month within incredible precision. But one of 149 00:08:02,160 --> 00:08:03,960 Speaker 1: the things you said to me when we were down 150 00:08:04,000 --> 00:08:06,680 Speaker 1: there that really stood out to me is is you said, 151 00:08:06,720 --> 00:08:10,440 Speaker 1: your philosophy on intellectual property talked to lots of CEOs 152 00:08:10,560 --> 00:08:13,120 Speaker 1: or we fight to guard our i P. And and 153 00:08:13,160 --> 00:08:15,800 Speaker 1: you had a very different approach. What's what's your view. 154 00:08:15,640 --> 00:08:20,840 Speaker 4: Of i P, patents of the week, patterents of for 155 00:08:20,880 --> 00:08:21,840 Speaker 4: those innovation slowly. 156 00:08:22,160 --> 00:08:25,240 Speaker 1: I literally do not know anyone else in business who 157 00:08:25,240 --> 00:08:27,120 Speaker 1: would say something like that, like like it was a 158 00:08:27,440 --> 00:08:30,800 Speaker 1: startling and and and what Elon said down there is 159 00:08:30,840 --> 00:08:34,120 Speaker 1: he said, look this stuff, I assume everyone will steal everything, 160 00:08:34,120 --> 00:08:35,680 Speaker 1: but by the time they steal it will be five 161 00:08:35,679 --> 00:08:37,160 Speaker 1: generations beyond and it won't matter. 162 00:08:37,320 --> 00:08:41,040 Speaker 4: Yes, at Tesla, we actually opened sourcialte patents, so we 163 00:08:41,080 --> 00:08:43,600 Speaker 4: said our patents are anyone can use them for free. 164 00:08:43,840 --> 00:08:47,439 Speaker 4: Really yeah, uh, the only really your patents of Tesla 165 00:08:47,760 --> 00:08:53,280 Speaker 4: to to avoid patent trolls causing causing trouble. So we'll 166 00:08:53,280 --> 00:08:55,200 Speaker 4: try to look ahead and say, okay, patent trolls are 167 00:08:55,559 --> 00:08:58,319 Speaker 4: going to trial file patents to blocks and things, will 168 00:08:58,360 --> 00:09:00,640 Speaker 4: file patents and then open source to patent make it free. 169 00:09:00,920 --> 00:09:02,400 Speaker 2: I mean I when I say patents for the week. 170 00:09:02,600 --> 00:09:06,720 Speaker 4: Now, there are a few cases, in say with pharmaceuticals, 171 00:09:06,760 --> 00:09:08,600 Speaker 4: where it might cost you billion dollars to do a 172 00:09:08,640 --> 00:09:13,320 Speaker 4: Phase three human file, but then subsequently the drug is 173 00:09:13,400 --> 00:09:16,560 Speaker 4: very cheap to manufacture. So cases there are some, in 174 00:09:16,600 --> 00:09:19,600 Speaker 4: my opinion, which its massively reduced what can be patented. 175 00:09:21,200 --> 00:09:24,040 Speaker 4: And and say, because the whole point of patenting is 176 00:09:24,360 --> 00:09:28,680 Speaker 4: to maximize innovation, not inhibit it. And in my opinion, 177 00:09:29,040 --> 00:09:32,600 Speaker 4: maybe a controversial opinion, most patents inhibit innovation, they do 178 00:09:32,679 --> 00:09:33,199 Speaker 4: not help it. 179 00:09:33,400 --> 00:09:36,800 Speaker 5: How many nights have you slept at your offices? You 180 00:09:36,800 --> 00:09:40,280 Speaker 5: think your career percentage wise where you say I just 181 00:09:40,320 --> 00:09:42,840 Speaker 5: got to take this nap basically because my body forces 182 00:09:42,880 --> 00:09:44,280 Speaker 5: me to and I got to get back to work 183 00:09:44,480 --> 00:09:46,760 Speaker 5: fast and efficiently without going somewhere else. 184 00:09:47,640 --> 00:09:49,280 Speaker 2: Well, I guess it started out. 185 00:09:50,000 --> 00:09:54,880 Speaker 4: Even with the first company, so two, which is a 186 00:09:54,960 --> 00:10:00,000 Speaker 4: terrible name, but the first internet company. We're able to 187 00:10:00,040 --> 00:10:02,720 Speaker 4: rent an office, which was like in a leaky attack 188 00:10:02,880 --> 00:10:06,800 Speaker 4: essentially for five hundred dollars a month, and the cheapest 189 00:10:07,640 --> 00:10:09,640 Speaker 4: apartment we could find was eight hundred dollars a month. 190 00:10:10,200 --> 00:10:13,200 Speaker 4: So like, and we only had about five thousand dollars 191 00:10:13,320 --> 00:10:16,520 Speaker 4: between our brother and I, so like, we're not we'll. 192 00:10:16,440 --> 00:10:19,320 Speaker 2: We'll, we'll just stay in the office. Yep. So we 193 00:10:19,400 --> 00:10:19,760 Speaker 2: got some. 194 00:10:21,920 --> 00:10:27,679 Speaker 4: Couches that converted into beds and we'd can't sleep at night, 195 00:10:27,679 --> 00:10:30,600 Speaker 4: and then we just have like turn the beds back 196 00:10:30,640 --> 00:10:35,440 Speaker 4: into couches before anyone came, and then we would shout 197 00:10:35,480 --> 00:10:38,520 Speaker 4: the YMCA down the road and so that went that 198 00:10:38,520 --> 00:10:42,600 Speaker 4: that that that literally was for several months what we did. 199 00:10:43,480 --> 00:10:45,959 Speaker 4: I was in great shape, you know, work out the 200 00:10:46,080 --> 00:10:51,240 Speaker 4: y I still remember that that YMCA at Page Mill 201 00:10:51,280 --> 00:10:53,679 Speaker 4: al Camino in Palo Alto. 202 00:10:54,559 --> 00:10:55,520 Speaker 1: So that was a long time. 203 00:10:55,520 --> 00:10:57,920 Speaker 4: Again, so it's been I don't know, I've never thought 204 00:10:57,960 --> 00:11:02,000 Speaker 4: to count it, but several hundred days maybe, I don't know. 205 00:11:02,320 --> 00:11:05,200 Speaker 3: Now, if you'd like to hear the rest of the conversation. 206 00:11:05,640 --> 00:11:09,040 Speaker 3: Make sure you download Verdict with Ted Cruz right now 207 00:11:09,240 --> 00:11:12,480 Speaker 3: wherever you're listening to this podcast, and you can hear 208 00:11:12,640 --> 00:11:15,880 Speaker 3: Part two in its entirety. And I'll see you back 209 00:11:15,920 --> 00:11:16,920 Speaker 3: here tomorrow