Few have as impressive a resume as tech giant Elon Musk. A household name and innovative billionaire, Musk co-founded PayPal, Tesla and Neurolink, has put forth numerous groundbreaking projects, and has won scores of accolades and awards. He was even the inspiration for Robert Downey Jr.’s portrayal of Iron Man. So, is Musk the superhero that the world has portrayed him as, or given a number of controversies that have resulted in lawsuits and his recent removal as Tesla chairman, are we romanticizing who he is at our own peril?
Here are three reasons why Elon Musk is a figure to be admired, and three reasons why not.
Elon Musk is a hero
Transformed multiple industries for the better
Musk is a visionary, and his dreams alone have had a positive global impact. His car company Tesla has steered the automotive industry towards semi-autonomous vehicles and electric cars, globally reducing vehicle emissions. Because of Musk, analysts now believe that over half the cars sold by 2040 will be electric. The public agrees with Musk’s vision; a poll shows that almost 50% of people believe Tesla is the most innovative technology company today. Additionally, Musk has demonstrated that the space industry can be privatized, and for the better; his company SpaceX has seen the successful return of rockets back to Earth after being launched into space, which significantly reduces costs of space exploration.
No stranger to adversity
As a man with an unhappy childhood and unfortunate circumstances growing up, Musk is a role model for those of lesser means and difficult conditions. Having survived both bullying and emotional abuse, he still managed to code and sell his first video game at 12 years old, and his creativity hasn’t stopped since. His failures were many before his success; Musk was removed from his CEO position at two of his own companies, survived malaria, and oversaw three failed launches after the creation of SpaceX (which left the company almost bankrupt). Most recently, he settled with the SEC after being accused of misleading investors to step down as Tesla chairman, pay a $20 million fine but to remain as CEO. No matter how wealthy or brilliant, Musk’s experiences with hardship and failure make him relatable to the common man.
It’s not about the money
Aside from creating over 35,000 jobs worldwide, Musk has put his own money on the line to ensure his employees continue to have jobs. In fact, he invested $20 million into saving Tesla after it was on the cusp of bankruptcy in 2015, and he has never taken a paycheck from the company. Additionally, $100 million of his own money went into funding SpaceX – a risky investment, as the space industry had never been privatized before. He has quietly donated to charities, and has already pledged to give away at least half of his money when he dies.
Elon Musk is only human
Ignoring the little guy
Musk may be worthy of his glory but getting to his end-goal has a price, and he is not necessarily the one paying it. SpaceX staff are often presented with impossible tasks pulling all-nighters after working 12-hour days, in order to meet the deadlines Musk expects from them. His Tesla workers filed charges in 2017 with the National Labor Board against him, citing coercion, hazardous working conditions, intimidation, illegal surveillance and prevention of worker communications as their main reasons for doing so.
Idealization is harmful to the collective
Giving a person the God-like reverence Musk enjoys creates a culture in which millions of people measure themselves against his singular accomplishments. Social comparison theory posits that human beings have an innate drive that leads them to compare themselves to other, more successful people, which can lead to negative self-esteem, envy, and unrealistic standards of success. Musk plays his own part in this comparison, creating the perception that he’s the sole embodiment of technological prowess; he may be as rare and spectacular as people say, but he is a phenomenon. We unfairly compare ourselves to Musk because social media makes it feel we have a connection to him or that we know him personally. However, most of us won’t ever measure up when using Musk as a benchmark of success. Therefore, we feel like failures. Yet, it’s easy to forget that, in reality, Musk wouldn’t have been able to get where he is without government funding, subsidies for electric cars, etc.
There are other causes to focus on
A man of Musk’s means, brilliance and stature has the power to significantly change the world for the better, yet he often devotes his resources towards projects that are arguably rooted in vanity. For example, his SpaceX Falcon Heavy Test Launch project – in which a Tesla sports car was launched into space – cost $90 million to execute, and didn’t contribute to any scientific or humanitarian gains. That money could have been used to further STEM research, launch satellites into orbit or end malaria, to name a few. Instead, it was used to begin a space race with a car of Musk’s own making, a project Musk defended as something “silly and fun.” Additionally, his Hyperloop project – estimated to cost billions – has been criticized as a parallel transportation network intended for catering to the rich. With money and power often comes hubris, and it seems as though Musk isn’t an exception to this rule.
The Bottom line: Innovative and driven, Elon Musk has contributed immensely to the world of technological ingenuity. However, his celebrity-like persona may have given him personal and professional leeway, and thus has negative consequences on society. Given his increasingly eccentric lifestyle, is Elon Musk someone you look up to?