Locked
SpaceX prepared to flourish as Musk plays less active role
With well-placed executives behind Musk, SpaceX prepares for a breakout year as CEO's focus is on Twitter.
By Loren Grush
One is hitting its numbers; the other keeps missing expectations. One is raising money at an ever-rising valuation; the other has been pummeled by the market. One has a highly capable No. 2 executive keeping it on track; the other is under fire about succession planning.
Space Exploration Technologies Corp. and Tesla Inc. both count Elon Musk as chief executive officer. But whereas Tesla has withered since the boss embarked on his takeover of Twitter, SpaceX is flourishing — some even suggest that this is because of, rather than in spite of, its CEO playing a less-active role.
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