'You Should Never Bet Against Elon': Peter Thiel Says Musk Understands Risk-taking Completely Differently From Other People

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'You should never bet against Elon': Peter Thiel says Musk understands risk-taking completely differently from other people
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"I think there is something he understands about [risk] we don't."
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Thiel discussed Musk’s unique skill as an entrepreneur during an appearance on the latest episode of the talk show “Piers Morgan Uncensored,” which was released Thursday.

Thiel said that in the 2000s, Silicon Valley just viewed Musk as someone building two “super crazy” companies — his car company, Tesla, and rocket company, SpaceX.

“If only one of them had succeeded, one might still have said that it was just extraordinarily lucky,” Thiel said. “The fact that, to first approximation, both have succeeded — have wildly succeeded — I always want to say it tells us something that, you know, Elon knows something about risk the rest of us don’t.”

He added that it appeared to be a “high-wire, crazy, risk-taking act” from the outside, but Musk’s methods somehow worked.
Thiel said he’d asked Musk before about how he approaches risk.

“I think there is something he understands about it we don’t. It’s hard to articulate. I don’t know if he can articulate it,” he said.

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