Yes, normally there would be very long odds of succeeding. But consider what he's done with Tesla. A few years ago you'd have to rate his chances very low of becoming the hands-down leader in electric cars, saying:
But somehow, he's succeeded against all odds. Paypal, Tesla, SpaceX, Twitter(?) Lightning can indeed strike twice. Remember: Musk can launch low earth orbit communications satellites that can drop Twitter traffic down to earth to any data center in the country. With that, he can leapfrog any tech firm that wants to block him.
Musk is a genius in several spheres. And he's the opposite of the secretive and ruthless Jeff Bezos of Amazon who has nearly zero personality by comparison -- and who was badly beaten investing in a hyped electric car prototyping firm, Rivian, who will soon be on the dust bin of history.
Tesla was founded in 2003.
Tesla was the only serious company in the electric vehicle market for its first TEN years in business.