I suspect as much. I have followed it closely, and it might be an innovation, but Musk works too hard at massaging the media for me to really believe in it. He’s creating a legend about himself as some kind of warrior hero, and then using it to get people’s money. This thread here is like Kickstarter...
He's created three successful companies so far. That is a far cry from a confidence scheme... Knowing how to promote your company is important for any CEO.
He could have quit and lived an idle life of luxury after selling PayPal. I'm glad he's had the drive to push technology forward instead.
As soon as SpaceX is publicly traded, I'll invest.