Latest / Elon Musk Podcast / President/COO of SpaceX Gwynn Shotwell
Transcript
- 0:00With Shopify says, you can sell anywhere.
- 0:03They mean, it hold on just got a new sale or to fulfilled and
- 0:08ship. Inventory levels.
- 0:09Good, ha ha ho Shopify doesn't mind if you're at sea level or
- 0:14on top of the world, you can run and grow your business.
- 0:19Anywhere climbing mountains is never easy but at least Shopify
- 0:23gives me all the tools I need for my business to hit new be,
- 0:27whether you're selling care of beaters or crop tops start
- 0:29selling Shopify today. And join the platform
- 0:32simplifying. Commerce, for millions of
- 0:34businesses worldwide, we built the platform so you can keep
- 0:37climbing and grow your business to new heights with Shopify.
- 0:40You really can't sell to anyone from anywhere.
- 0:43This is possibility powered by Shopify start selling online
- 0:47today. Sign up for a free trial at
- 0:49Shopify.com, free, 22, Shopify.com free, 22 Shopify.com
- 0:56free, 22, internet connection, required not available on
- 0:58mountaintops or sea floors. Grim, welcome to Stanford, thank
- 1:02you very much. I'm really excited to be here.
- 1:03Actually, I love this school. I've been looking forward to
- 1:08this interview for a very long time as I know have many of my
- 1:10classmates. I bit of space nerd.
- 1:14I as a kid, would read all the space books over the 60s Apollo
- 1:1713, was my favorite movie. I think still is my favorite
- 1:20movie, clean cramps. The mystical flight director was
- 1:22a childhood hero. So it's really great to have you
- 1:26to me space has always been about the next Frontier.
- 1:30And testing the limits of what is possible.
- 1:32And today, nobody embodies that better than SpaceX and your
- 1:35story. So with that, let's get started.
- 1:39One of the defining characteristics of SpaceX is
- 1:42risk taking, but the same could be said about you joining the
- 1:44company 20 years ago. This year after stable career in
- 1:48Aerospace, what led you to join SpaceX and take that risk of
- 1:52that time. Well, first of all, I want to
- 1:53start off by saying, thank goodness.
- 1:55I took that risk because I almost didn't in fact, and when
- 1:59Ilan asked me to be President in 2008 I almost didn't say yes
- 2:04what a mistake that would have been.
- 2:07Yeah, so I was in the Aerospace industry are started.
- 2:09I started my engineering career. When was it in 86?
- 2:13What to Chrysler Motors, went back to school because I was
- 2:15unsatisfied with the level of technology that I was working on
- 2:18their went back to University. Thought I'd get my PhD wacky so
- 2:24that I can't be in school. Again, I'm gonna go back to work
- 2:27and so I went to Aerospace and I think I started in 88.
- 2:29Interestingly I started on Halloween in 1988 at the
- 2:33Aerospace Corporation and my boss wasn't there when I
- 2:38started. But came back a week later he
- 2:39was on vacation and he said something about flying in on my
- 2:42broom in 1988, which you can't say no but he could say it them.
- 2:47So the world is changing even if we feel like it's too slow.
- 2:52Yeah. So okay, so starting my career
- 2:53in 88 in the Aerospace industry and thought had been there for
- 2:59roughly 15 years roughly and I thought look it's it wasn't a an
- 3:04industry that was vibrant. It was an Innovative.
- 3:07We weren't moving quickly. We hadn't gotten back to the
- 3:09moon. And I thought, you know, this is
- 3:11my last job in the Aerospace industry, working for Ilan.
- 3:14If we can't do it at SpaceX, then I'd rather sell real estate
- 3:18or be a barista or, you know, something else I did.
- 3:21I wouldn't, I didn't want to work in the industry.
- 3:23And so I knew this would be my last job in the Aerospace
- 3:26industry and it will turn out to be the case.
- 3:27So that's super cool. The risk is about risk and I'm
- 3:31grabbing around, sorry. So, it seems risky actually, I
- 3:35had a very stable job. I owned three percent share of
- 3:38the company that I was working for, which is large for for, for
- 3:43a, for an employee. And it was a pretty safe job.
- 3:47So this was not a safe job and I didn't know Elon well at all.
- 3:50In fact at that time but I really kind of jumped off the
- 3:55cliff. It was digging around.
- 3:57He said he wanted me to join the Company and I said you know I'm
- 4:00fine I don't need a job and kind of did there'd for about a
- 4:03month. And finally like I'm such an
- 4:05idiot I was driving on the freeway in l.a. like what an
- 4:08idiot say yes. So I called them on the phone
- 4:10and I said, I've been sleeping idiot and he laughed.
- 4:13He said welcome to the team. So you have sold on the idea,
- 4:16right? Yeah.
- 4:17Had a lot of confidence if you thought it was going to be your
- 4:18last job. Last job in the industry and Bo
- 4:22are not always fair enough, but your first job was vice
- 4:27president. So now you have to sell that
- 4:30idea to customers. Yes.
- 4:32And SpaceX was little more than a pipe dream at the time, right.
- 4:35You were many years away from launch.
- 4:37What was that selling process like?
- 4:40You know, it's interesting when you, when you don't have a
- 4:42product, we had an ideal to sell and it came at probably the best
- 4:46possible time. You know, we had the events of
- 4:519/11 and Rapid launch low-cost access to space, because it was
- 4:56obvious that it was going to be very critical.
- 4:58And so it was great Engineers. I am not going to take away.
- 5:03In fact SpaceX is the great company and has the great things
- 5:06that we do because of our extraordinary staff.
- 5:08It's not because me it's not because of Elon and and so I was
- 5:14selling the team. I was selling the ideal.
- 5:16I was selling the promise and the hope of reasonably
- 5:19reasonably priced launch. I still don't think launches
- 5:23reasonably priced, but if you go by comparison, it's much less
- 5:26than it was before. We're getting there.
- 5:29Yeah. So let's talk about launch and
- 5:32about the first rocket, right? The first rocket was called the
- 5:35Falcon one. You had three unsuccessful
- 5:38launches. It was 2008.
- 5:41The company was running out of money with the financial crisis.
- 5:45You were promoted to president CEO because of promises he had
- 5:48made customers at this point. It's already been promoted and
- 5:52the company bet the entire company of this one long on the
- 5:56fourth launch of the Falcon 1. So let's watch that launch. 5 4,
- 6:003, 2, 1 stage 1. Plus 12 curious.
- 6:17This is a lioness, so, it's a life-or-death moment for the
- 6:22company, right? Yeah, it's a little more
- 6:25dramatic about that launch than I am.
- 6:27Actually, I figured we could pull a fifth launch off, but
- 6:30that was it, right? Yeah.
- 6:32I thought we could get 25. He thought for was it?
- 6:35I'm glad we didn't have to test who was right on that one.
- 6:37But yeah, it was quite a relief. And what were the months leading
- 6:42up to it? Like, well is the well, this is
- 6:44a really, this is a So, I think it's a hilarious story.
- 6:47I was in Scotland, Glasgow the IAC was having a show in
- 6:53Glasgow. So I was in Scotland to
- 6:56apologize discuss. Explain to the customers that
- 7:00were on the third Falcon, 1 launch that we failed.
- 7:03Come basically do a paper about that launch and it was the night
- 7:06before my talk. I was in the hotel room with my
- 7:11husband at this is not going to get inappropriate my I was
- 7:15sleeping, I'm in the bathroom with the shower on typing, a
- 7:20proposal for the 1.6 billion dollar contract.
- 7:24NASA resupply to the International Space Station.
- 7:26We're literally writing the proposal.
- 7:28I'm on the phone with my team, back in the u.s. because we had
- 7:31to update our pricing and so the I had the shower running so that
- 7:34my, you know, poor husband could sleep.
- 7:37I'm like punching away talking and then it's like, oh, shoot.
- 7:40We're about ready to launch. Right?
- 7:42And so I turned away from my proposal on my lap.
- 7:45Up top to to the launch and was watching it as we lifted off.
- 7:51I ran out to the hotel room and I didn't care.
- 7:53If I woke him up at this point, that the stage, we lift it off
- 7:55and we were climbing in altitude and and we watched us get to
- 8:00orbit and then in my like yoga pants and Jammy top ran down the
- 8:06hall, that's probably the most inappropriate thing I'm going to
- 8:08say here today but ran down the hall knocked on all the doors
- 8:11from my team that was there and we hugged and kissed.
- 8:15I think ride and then kind of broke into the bar in the hotel
- 8:19because like 2:00 in the morning and they they let us have the
- 8:23champagne but it was warm but it was, it was extraordinary.
- 8:26It was extraordinary. I've always loved how emotional
- 8:29a business. This is right, this is just
- 8:31incredible, incredible, emotional moments, right?
- 8:33In fact, by the way, to Future entrepreneurs, I think it's
- 8:36really important to have these big moments figure out what the
- 8:41big moments where you can bring your teams together.
- 8:43It cures, a lot of ills. It really helps with morale and
- 8:47it's incredible for team building.
- 8:49So launches are easy. It's an easy spectacle to do
- 8:52that with but I think it's really important to find those
- 8:55kinds of moments in the development for your future
- 8:57businesses. So the show is brought to you by
- 9:00backblaze, I use back place to back up my podcast.
- 9:04My video files, all of my writing stuff, and all my
- 9:07photos. And you get unlimited computer
- 9:09backup, for Macs, and PCs for just $7 a month.
- 9:12You can backup your own documents photos videos.
- 9:15Things projects, all of your data and access your backed up
- 9:19data from anywhere in the world using the web app and you can
- 9:22access the files on your mobile to iOS Android apps all covered.
- 9:26And this is a cool part. This is my favorite part.
- 9:28You can restore it by mail, a hard drive will come to your
- 9:30house with all your data shipped to your door.
- 9:33It could come to your business to and you can restore return
- 9:36refund program so you can buy a hard drive restore, send the
- 9:39hard drive back within 30 days and get a full refund.
- 9:43So basically they ship you this hard drive I've and then you
- 9:46ship it back and you don't ever pay for it.
- 9:48Which is the perfect program for somebody who has huge files.
- 9:51You don't want to waste days and days, downloading terabytes and
- 9:55teraflops of data. And if you're worried about
- 9:57accidentally, deleting your files to bucks extra month, you
- 10:00can increase your retention history to one year, and I use
- 10:04it for all of my video. Files comes in super handy.
- 10:07So seven dollars plus two dollars nine dollars a month and
- 10:09you get everything backed up. He's a mind for up to a year,
- 10:12and if you use the URL, Back place.com, slash Ilan, you get a
- 10:18fully featured 15-day. No credit card required.
- 10:22Free trial, check it out, play with it.
- 10:24Start protecting yourself from potential, bad times, back your
- 10:28stuff up. It's recommended by the New York
- 10:30Times ink macworld PC World. Life wire wired, Tom's guide and
- 10:35I defied mac and more and it's recently been listed on the
- 10:38NASDAQ stock exchange under be lze.
- 10:40So you know they're legit backblaze is committed more than
- 10:43ever to bring an easy and Affordable data storage that you
- 10:46can trust. Don't be that person that forgot
- 10:49to back up their important files.
- 10:51We've got your back sign up for a free 15 day trial no credit
- 10:55card required go there sign up I you with it it's really powerful
- 11:00in is really easy to use. So go to back place.com slash
- 11:03Ilan, back plays.com Ilan, backblaze.com, Ilan, okay, move
- 11:11forward a few years. Your first big kind of
- 11:13commercial product was the Falcon 9.
- 11:14It was designed signed in part of NASA's needs in mind to
- 11:17replace the international that the space shuttle to go
- 11:20International Space Station. You're done a number of launches
- 11:22already, including seven, resupply missions to the
- 11:25International Space Station with NASA, right?
- 11:28And the eighth one was also supposed to take critical Food
- 11:30Supplies, medical equipment, International, Space Station,
- 11:33but that one didn't go as well. Let's watch that video.
- 11:35That's this is two minutes into flight.
- 11:37It coming back shows vehicle on course on track.
- 11:52Poof. Yeah, you wouldn't made it seem
- 11:54routine almost at this point, right?
- 11:57And then this happens, you're in crisis management mode.
- 12:01What's the first thing you do? Yeah, so I was actually at my
- 12:05Ranch in Texas on this launch, it was the first launch that I
- 12:09was not there that there for ya. By the way, it was also the
- 12:15first and only launched that I didn't do my pre-launch.
- 12:21Little routine which we can chat about later, but because I was
- 12:25in my slippers. And so I think the most
- 12:31important thing, when you suffer, something like that, if
- 12:33you focus everybody, the job the task at hand, right?
- 12:36We had a failure in front of us on elon's birthday.
- 12:38By the way, that was his birthday, which is why we don't
- 12:41like to launch on his birthday. It's just feels like Bad Karma
- 12:44actually, so you get to work. I did do a press conference
- 12:49Grunts doing it remotely of course and we started digging
- 12:55through data. Of course we obviously I flew
- 12:57back to to Hawthorne and pulled teams together and we figured it
- 13:01out was it was a weird one that one and then so this was in on
- 13:07June 28th 2015 and then we suffered.
- 13:10Another failure was not a launch failure on September 1st 2016.
- 13:15Not a little over a year later, right?
- 13:20We basically blew up a satellite that was sitting on the pad as
- 13:22we were going through a pre-launch test.
- 13:25So two failures not back-to-back we had had an extraordinary
- 13:28success and December of 2015 and we can come back to that as
- 13:31well. But this is a this is a point
- 13:32that I try to make with students for sure.
- 13:35So I think after the CRS 7 that first failure that failure that
- 13:39you saw there, I felt very comfortable leading the team
- 13:43through the investigation, leading the team through the
- 13:45physics and getting to the answer.
- 13:48The business was Not really at risk.
- 13:51I mean, failures or incredibly impactful.
- 13:53I think every failure we've had has either cost us or delayed us
- 13:57about half a billion dollars. But I felt like I did a pretty
- 14:02good job in that timeframe. I did not do a good job after
- 14:06the failure. When we blew up on pet, I was
- 14:10much more worried about the business.
- 14:12This particular event was much harder to figure out what it
- 14:16was, and I definitely showed my not despair.
- 14:21That's probably too much. But my concern, I definitely
- 14:26wore it on my sleeve or as my husband says, I have a billboard
- 14:29on. Forehead and I wore that badly.
- 14:34In fact, so my lesson there is, you know, you do certainly don't
- 14:38want to be disingenuous with your team and with your
- 14:42customers but it's not really helpful to show your anxiety
- 14:47when, you know, when you're suffering because your employees
- 14:50are suffering worse than you are.
- 14:51So it's really better to keep people focused on the business,
- 14:55keep focused on doing great things and they had demonstrated
- 14:58that they could do great work up till then to.
- 15:00So, Oh yeah. So that's a nice little nugget.
- 15:03Yeah, thanks for sharing that. So one of the things in
- 15:06particular, for this first failure that I find, incredible
- 15:09is You got six months without launches which I'm sure you had
- 15:12a bunch of schedule that were delayed, right?
- 15:14But six months later you are launching a rocket again but
- 15:18instead of Simply focusing on getting that rocket and the
- 15:20customers pay load up into space successfully.
- 15:23You take a huge risk as well and try to land the booster, right?
- 15:27Do you have that video and I have that video?
- 15:30I know it's your favorite. Yes.
- 15:53The Crowd Goes Wild. It was a mosh pit out there was
- 15:58so fun. Why was this so exciting?
- 16:03Okay so what's key about that is the last launch of the launch
- 16:07just prior to that one. We failed, you know, and it's
- 16:10disappointing for the employees, it's disappointing for the
- 16:12company, but we failed our customer, this launch.
- 16:15So we stood down, we discovered, what the problem was, we
- 16:19redesigned the rocket to be able to land because the previous
- 16:23Rockets really couldn't land in that way.
- 16:24So, we completely did a complete upgrade on the Dumb while
- 16:28figuring out what we did to fail.
- 16:31And then like incomplete view of the public, you go out there and
- 16:36you show, are you, are you meant for greatness or you need to go
- 16:40back to the drawing board, a little bit.
- 16:41So that was a great, a great day.
- 16:46It was a great night, we had a lot of champagne at my house.
- 16:50That night, probably more than I've ever drank ever.
- 16:54I did not feel great the next day but I, Go to work, I went to
- 16:58work. Yes.
- 17:00So that was an extraordinary moment for the company.
- 17:02Just share with us a little bit. Why it's so important to the
- 17:06whole business model? Yes, sorry.
- 17:08Well, first of all, no one had ever landed a rocket before,
- 17:11right? That was the start and the key
- 17:13piece of the technology necessary to reuse Rockets.
- 17:17So some, I know there are some space nerds out there, but there
- 17:21are many of you that are not by the way, if you are a space nerd
- 17:23you should wear that proudly. I certainly do.
- 17:27But Rockets before SpaceX and to some extent the shuttle did it.
- 17:31But but there was there's no fully reusable launch system,
- 17:35rocket is launched, and then they either disintegrate in the
- 17:39atmosphere. The second stage does or they
- 17:40just get dumped into the ocean right now.
- 17:44And so imagine what air travel would be.
- 17:48Like if you took an airplane from San Francisco to New York,
- 17:53and you had to toss the aircraft after that flight, like lie.
- 17:56Life and society, and the world would be so different if you
- 18:01couldn't reuse your aircraft. And so, we take that same
- 18:03approach with space travel that you have to be able to reuse
- 18:09your rockets in order to facilitate human access to
- 18:12space, which I think is incredibly important.
- 18:14So that was the start. And we had tried many times
- 18:17before we tried parachutes, but they rip off in this as the
- 18:24speeding through the atmosphere. So that, Just an extraordinary
- 18:28piece of technology, guidance navigation and control, you
- 18:31know, hyper retroactive propulsion, crazy Hypersonic.
- 18:35Retropropulsion was just amazing.
- 18:37So that was great and it started our ability to Reflow Rockets.
- 18:43We didn't refill. I that one that one is sitting
- 18:45outside the front of our building in Hawthorne
- 18:46California. You can drive by it and see it.
- 18:49In fact, it's kind of a neat Monument but we have I don't
- 18:52want to say perfected because we have not perfected but we have
- 18:55operationalized, the Leti tool and Rockets refurbish them and
- 18:59we fly them. Our goal is to be able to do
- 19:02that like an airplane. Like I was saying in the back
- 19:05room, you know, they said something someone ask something
- 19:08about, you know, rocket efficiency, and we're not very
- 19:11efficient. We actually aspire to be as
- 19:13efficient as the airline industry and that's probably
- 19:16horrifying to many of you in the audience because you probably
- 19:18don't think the airline industry is particularly efficient but
- 19:21it's way better than we are so it's still a nice model to use.
- 19:26So after this In 2015, this really became routine, yes
- 19:29SpaceX was launching dozens and dozens of trips up into space.
- 19:33Every year in May 20-22 being the pandemic.
- 19:37He took another huge leap and it involves humans he launched two
- 19:40astronauts to the National Space Station.
- 19:42The first astronauts to launch on a private vehicle and the
- 19:45first to do. So from American soil and any
- 19:47vehicle in nine years, right? We were doing with the Russians.
- 19:50How did you carry that responsibility and how do you
- 19:53prepare the team for it? So First, I keep your head high.
- 19:58Don't show your anxiety but I honestly hate crew launch days.
- 20:02I just don't like them. It's nerve-racking.
- 20:05It's one thing to, you know, to have a have a failure.
- 20:08When you've got a satellite even a billion dollar three billion
- 20:11dollar satellite on top, you can't put a price tag on the two
- 20:16to four people that are sitting on top of that rocket.
- 20:18And it's hurtling through the atmosphere.
- 20:20So it's quite anxiety-producing. So, was a huge relief.
- 20:26Two. Get get dragged into orbit, get
- 20:29dragged into the International Space Station and then say,
- 20:32Okay, NASA, they're yours. Now until we have to bring them
- 20:35back down, hill, six months later.
- 20:38So, keep people focused on the work for sure.
- 20:41Don't let him show your eggs. That, you know, don't let him
- 20:43see my anxiety, even though I've talked about this enough, they
- 20:45all know I'm like scared to death during launch day on this.
- 20:48Follow your routine. Be keenly aware.
- 20:52Make sure you've got employees to feel very comfortable talking
- 20:54about. Hey, I might have screwed this
- 20:57up. Can we go back and look at the
- 20:58data and make sure that I didn't screw this up on the rocket or
- 21:01the spaceship. So, Yeah.
- 21:05Keep them focused on the business.
- 21:06Don't show how nervous you are and pray.
- 21:12Even this has become routine. Now I think you've launched four
- 21:15trips to the rest position. So like that.
- 21:17So we did Bob and Doug and then we just flew crs-4.
- 21:21And then we also flew Axiom, and then we did Jared and his team,
- 21:26that's true. Okay, so so seven.
- 21:28So let's talk about the future then because I don't know, and
- 21:32let's talk about Starship. Is the big bet you have a future
- 21:35or is this rocket was previously called the big Falcon rocket B,
- 21:38FR B FR who chose to rename it. Well, Elon named it the first
- 21:49time and you'll on named it. The second time got it.
- 21:54It was there was one in between two iits, I think, Interstellar,
- 21:58or yeah. So what so different about this
- 22:02bed and what That mean for Humanity.
- 22:04So the difference here, for those of you that are not Space
- 22:06Geeks. This first stage goes up
- 22:08delivers the second stage to carry on its way to orbit.
- 22:12Comes back. So, we reuse the first stage,
- 22:14but the second stage is now reusable.
- 22:16It goes to orbit, it drops off. The payload takes people around
- 22:20the Moon, takes people to Mars, whatever it is, and then it
- 22:23comes back and lands are second stage right now is not reusable
- 22:26on the Falcon program. Our third stage.
- 22:28If you look at a dragon is reusable, not very
- 22:31operationally, right? It lands in the ocean.
- 22:33Ian get helicopters and ships to go.
- 22:36Get it out of the water. Take it back, clean off the salt
- 22:39water refurbish it and we fly it.
- 22:40But a dragon takes currently, like, 90 days.
- 22:43We're trying to get it down to 45 and then even faster, but
- 22:46that's not very operationally. Efficient, Starship is meant to
- 22:50launch land on the pad on the pad.
- 22:55The arms come and pick up another another Starship, pick
- 22:58it up, put it back on the pad and launch within an hour.
- 23:01So like an airplane, That's the plan, and it's supposed to take
- 23:08us, either to Shanghai or tomorrow's, right?
- 23:11That's what police some version of this would take us to another
- 23:17star system. Right, which would be so great.
- 23:22So I talked with the development of this because it's something
- 23:24remarkable about that. As you mentioned it, supposed to
- 23:27be fully reusable, I saw many estimates online, but each one
- 23:31of these cost, somewhere around 20 million dollars to build that
- 23:33might be a wild guess, but your product development strategy
- 23:37seemed to be to blow one of these up every few months,
- 23:40right? So, let's take a look at start
- 23:42here. Number nine, restart, two
- 23:46engines flip the Vehicle vertical then transition to one
- 23:50engine for the landing burn. So that seems expensive.
- 24:06I completely different to how traditional rocket technology
- 24:08where it's like, they make the whole rocket as perfect as
- 24:10possible. They win test it and they say
- 24:11once it's perfect we try to, you know, flight tested, these are
- 24:14prototypes that you just keep going.
- 24:17What's behind that way of thinking about rocket
- 24:19technology. So and this isn't very well
- 24:22understood publicly. I'm a little surprised.
- 24:23We don't talk more about it. We are much more focused for the
- 24:27Starship program on production building the system that will
- 24:31build the system, then we are on.
- 24:33Rocket technology itself. I didn't touch anything - I
- 24:40brake hardware, by water. I so this makes me nervous.
- 24:45So we know how to get Rockets to orbit.
- 24:47We know how to do that. This is a completely different
- 24:50one. But we're very confident in our
- 24:52ability, to figure out how to do that, we were much more focused
- 24:56on. Can we produce a rocket that can
- 25:00get to orbit? Like really produce Falcon we
- 25:03produce you know between 7 and 11 Falcon four stages per year.
- 25:06We're producing a second stage every week right now.
- 25:10But what we want to be able to do is produce a rocket a day or
- 25:13come much closer to Of because if you are going to take people
- 25:17to Mars, you're going to go in a flotilla or a swarm.
- 25:21I don't even know yet. Right.
- 25:22The, what the right term is yet, for a group of Starships to head
- 25:26to Mars, you're going to need a bunch of them and producing
- 25:32five. A year isn't going to get you
- 25:33there. You really want to launch
- 25:35hundreds on that synodic, period with Mars when you're taking
- 25:38people there. So we need to have a production
- 25:42system, build Rockets much like a production system to build.
- 25:45Maybe not quite so many. I don't think we need a million
- 25:47a year, but we need more than a couple hundred.
- 25:53It's all about the, yep. So we will get this to orbit.
- 25:56I'm not saying that it's easy because it's very different.
- 25:59You'll see the way, well, not the orbital part, but the
- 26:01Landing part is very different. You know, we belly-flop to
- 26:04dissipate the Heat and then come vertical right at the last
- 26:07second. It's different from the way we
- 26:09do it on Falcon. But we, I mean, we and we did
- 26:11it. We stuck a landing bringing, you
- 26:13did not know, it wasn't for morbid.
- 26:16It was just from altitude was not from orbit, so you're trying
- 26:19to do really hard things and I want to talk about what that
- 26:22little bit, right? A sex has the most ambitious
- 26:24goals on the tightest of timelines, and a quick question.
- 26:27What's your latest timeline on getting to Mars getting to Mars?
- 26:31I think we'll put people down within the decade, right?
- 26:34So you're in charge of. I know.
- 26:36I'm crazy. You're in charge of executing on
- 26:40that goal to get human beings to Mars within a decade.
- 26:43Right? That's more Elon than me.
- 26:45But I'm here to help, right? But how do you balance those
- 26:50ambitious goals, right? Which maybe you don't comes out
- 26:53and says, and getting the team comfortable that is possible.
- 26:59So there's a couple of strategies to do that.
- 27:01First of all, you always aim high, we have achieved
- 27:04everything, we have wanted to never in the timeline.
- 27:07We fail on. Line.
- 27:08But that feels like the right fell to make as opposed to not
- 27:11achieving what you're trying to achieve.
- 27:12Technically So you demonstrate that you've been able to do
- 27:19these crazy insane absurdly, ambitious things in the past,
- 27:23you can continue no pump people up to do it again, and you try
- 27:27to pull apart these the seemingly impossible situation,
- 27:31and how are we going to design and develop this and you pull it
- 27:34into smaller pieces. You build a prototype, you test
- 27:37it, you put prototypes, you know, subsystems together and
- 27:40you test that and you kind of use a building block approach to
- 27:43reach your goals. And the team are very
- 27:47enthusiastic about it. Like it's the biggest of gold.
- 27:51Its yeah. Rockets are super cool.
- 27:53Yeah. So you've been at SpaceX for
- 27:58over 20 years now this year? Yeah.
- 28:00And now you'll lead a team basically 12,000 people what
- 28:03have you learned about your leadership style over the years,
- 28:07what do you wish you knew? Now that you knew then that you
- 28:10know now, Let me answer the other stuff first I'm not a
- 28:16regret or so it's really hard for me to kind of go back and
- 28:19say oh I wish I did this thing. I'm a very collaborative leader.
- 28:26Actually, I've got some employees here.
- 28:27You tell me if I'm a BS artists who are not, I like to get to
- 28:32solicit people's opinions, but I'm not afraid to make a
- 28:35decision. I need more data than Elon does
- 28:38to make a decision. In fact and I don't know whether
- 28:41that's experience or or risk-taking, I don't know what
- 28:45it is, but I like a little bit more data, but I definitely like
- 28:49making decisions I like to hear the conversation until you're
- 28:52done. You have to make a decision and
- 28:54it's rare that you get people to agree on any topic, right?
- 28:58So you collect the best data that you can you listen as hard
- 29:01as you can, you ask questions, you bring more data back and
- 29:04then you got to go Yeah. Go slightly different question.
- 29:11Your job is to run the business, right?
- 29:12Sometimes things come up in the organization that are core to
- 29:16the culture that are core to who you are as an organization, the
- 29:20sexual misconduct allegations against Elon last week, I'll
- 29:24just give you one example of that.
- 29:25I'm wondering how you think about those moments, those
- 29:27moments of truth, and how you think about responding to
- 29:30different stakeholders? So I think leaders in any
- 29:34business, face, adversity, and Hard challenges.
- 29:39And I what's most important is that you first of all, you think
- 29:43hard about what happened, what the response is going to be.
- 29:47And I think you just have to be really honest with yourself
- 29:50about what the right approach is.
- 29:52I did send a letter came out last night.
- 29:55Very exciting for this particular discussion here.
- 29:58I did send a letter to employees, they were screaming
- 30:01to hear from me, right? And I was advised to not send
- 30:04that letter, not by legal, but by my press team and as such,
- 30:09you know, I first of all, I have to speak to the people.
- 30:12I have to speak to my employees there.
- 30:14You know, the reason why SpaceX is what it is, and I care deeply
- 30:17about them, but I knew I would no matter which way I played
- 30:21that someone was going to be unhappy with me, but I had to
- 30:24say it. I have worked for Ilan for 20
- 30:27years. I don't believe he could have
- 30:29done. What was what he was accused of,
- 30:32but he is in perfect, right? He's in perfect, I'm in perfect.
- 30:36And I thought being honest about that was the right approach.
- 30:38Regardless of what my team told me to write or not?
- 30:41What was left out of that letter, by the way, is the end
- 30:45where I basically say we are SpaceX is who we are because of
- 30:49you. And if you ever feel
- 30:51uncomfortable, or please call me, right?
- 30:54So, that part's always left off right at any rate.
- 30:58So you face adversity, and I think the only way to get
- 31:01through it is to make sure you understand the situation to the
- 31:05greatest extent you can. And then be honest with
- 31:07yourself, the, and Pick a path and do it and don't be afraid to
- 31:12say you made a mistake. If you make a mistake.
- 31:14Yeah, I'm Irish that's very Irish, by the way to admit you
- 31:19are a dummy and I'm not admitting that in this case, by
- 31:24the way. I'm not saying one should be
- 31:26willing to do that. Speaking of mistakes, I've heard
- 31:29that SpaceX has a culture of feedback, that's something.
- 31:32We take very seriously here at the GSB, as well, we have a
- 31:34whole class where we learn how to give feedback.
- 31:37Feedback is a gift is a continuous motto.
- 31:39Of the school almost. I'm wondering how SpaceX
- 31:43operationalizes that and the day-to-day.
- 31:45So critically important feed 360 feedback and immediate the
- 31:50sooner you get feedback, the better off, you are.
- 31:52That's a golden nugget of data on how you are impacting your
- 31:57co-workers, your company, the the project so that feedback is
- 32:02so critical. So give feedback is quickly as
- 32:05you can and we always Try to tell people to do it.
- 32:09Our review system, we require that you get reviewed 360
- 32:13feedback from at least three, you know, sometimes in, you
- 32:18know, if you've got employees that have you know, that are
- 32:20really great in some areas and really not great.
- 32:23In other areas, you try to solicit more feedback to figure
- 32:25out what's going on in those areas and try to work with them,
- 32:28to figure out how you can get people to this place where it's
- 32:31all contribution, all the time. So so it's in our review system,
- 32:37We talked about it at the first day of work, please, you know,
- 32:41give feedback but engineers and well you know it's not really
- 32:46human nature to be willing to look someone in the eye and say,
- 32:51hey, that was not helpful, not super helpful.
- 32:55Could you do it this way? You know, be objective, try to
- 32:59not personalize it in almost every case and and it feedback
- 33:03could be technical. It doesn't have to be like, hey,
- 33:05you were total jerk to me and I'm really mad.
- 33:07At about it. But in almost every case, the
- 33:10person at least in my experience person is not mal-intent, not
- 33:15intending to do bad things. They either made a mistake, they
- 33:18were unaware. So I think approaching it as not
- 33:22hurt. Take it at not personal, but
- 33:23just talk about how this situation impacted you or how
- 33:27this person's work. Cause your work to not be grade.
- 33:30You couldn't finish your project or whatever.
- 33:32It's just really important. That's exactly what we preach
- 33:37here as well. Yep.
- 33:39Before we go to Q&A. I know that a lot of great
- 33:40questions in the audience. Two questions again about the
- 33:43future. First already made a reference
- 33:45to this. What comes after Mars?
- 33:49Yeah, so we are not working on a ship that yet has the propulsion
- 33:54technology to take us to other star systems, but I certainly
- 33:58hope that Mars is that example that shows that humans can live
- 34:03beyond planet Earth. And that we will focus on
- 34:07propulsion Technologies or some way of getting to a place that
- 34:12would otherwise take 4,000 or 5,000 years.
- 34:15So I'm very excited about that. It will not happen in my
- 34:18lifetime. but I hope that some of the work that we're doing
- 34:21will kick off the aspiration to go do that like the shows that
- 34:26you watch, you know, we can't and they're always want more.
- 34:30By the way, Star Wars that what is that?
- 34:32I don't start track is not necessarily about war, but it's
- 34:35still military. I don't know why it is that way,
- 34:36but hopefully we can go there in a civilian way and meet other
- 34:42sentient beings and that would be great.
- 34:45Yeah. It would be quite something.
- 34:47So, for, for the, for this, for the second question, actually,
- 34:51want to bring us back to Earth to this Auditorium because many
- 34:55of us are thinking about are very immediate future sidekick.
- 34:59Morning, I graduate in two and a half weeks as do many of my
- 35:02classmates here. Your last view from the top
- 35:05speaker of the year you have the stage.
- 35:08What advice would you have for us as we embark on the next
- 35:11chapter of our lives? So it's a very simple statement
- 35:13and I'll follow it up with a couple of examples.
- 35:16You want to take risks in your career?
- 35:20You absolutely want to take risks?
- 35:22Yeah, maybe in your life, too, although you have to balance,
- 35:24right? You got to balance it.
- 35:26I almost said no, to elim when he asked me to join SpaceX.
- 35:29Would have been so I would look back, I'm not a regret.
- 35:33ER that is the one thing that I would go back and regret.
- 35:36I almost said no. One Ilan asked me to be
- 35:39president because I really loved my job.
- 35:42My colleagues, my brother and sister vp's were great
- 35:47compatriots and I thought it might be weird to be the boss.
- 35:51So I almost said no, and I'm so glad that I did it, but it felt
- 35:55like a risk to To say, yes there.
- 35:59And then this is a more personal risk.
- 36:03So, when I first met, my current husband, husband number two,
- 36:07sorry, we had our first date and I thought he was roughly, my
- 36:13age, roughly my age. And then he said something about
- 36:16the Gulf War and you know, wanting to have been a pilot of
- 36:18like golf warm, like how and I we're in the car and I looked
- 36:23over. I'm like, how old are you?
- 36:28And he was about eight years younger than me.
- 36:31And I was like not interested. Why would I go out with this
- 36:35infant that way? And and luckily, luckily, I
- 36:44didn't take that little voice in my head and I took the risk and
- 36:49dated a much younger man and happily married.
- 36:52So it's not really silly, but a little personal, but I almost
- 36:56said I am Not going to date someone that's eight years
- 36:58younger than me. That is weird.
- 37:02Anyhow, took the risk. Paid off.
- 37:04What up? What a great note to end on.
- 37:06So with that. Before we close and we are
- 37:19almost out of time want to do a traditional view from the top
- 37:21lightning round. Okay?
- 37:23Ready. I'm very terrible at these,
- 37:24okay. Would you rather live in the
- 37:27uniform universe or the metaverse?
- 37:30I'm not sure what the metaverse is by the way.
- 37:31But I think I'm all Universe all the time but a lot of students
- 37:34here who know what the better is.
- 37:35I don't ya, what are your favorite pre-launch rituals?
- 37:39Which you mentioned before Oh I put the inside of my shoes with
- 37:43sticky notes that say Scotland on them.
- 37:45So I am in Scotland for every launch because we got to orbit
- 37:49for the first time when I was in Scotland.
- 37:52Yeah. And the only gross thing about
- 37:54that is there if I don't take Them out right away.
- 37:57You like stepping on paper and it kind of disintegrated and
- 38:00then you get like feet paper, all over the place and you
- 38:04really have to vacuum it up. It's pretty gross post-launch
- 38:09rituals. The post-launch ritual,
- 38:12actually, ever celebration champagne every time know every
- 38:17launch. Well, we're launching a lot.
- 38:22Maybe not every time, maybe not every time.
- 38:27Certainly not during the day at work.
- 38:29That's an at-home thing. Favorite Space movie Firefly and
- 38:33that's the show. But there also is a movie
- 38:35Firefly pants down. And you have a Starship at your
- 38:40disposal. It's yours.
- 38:42You can go anywhere on Earth or into space, what would you take?
- 38:47I go to the moon or ventral. And I would like to land
- 38:53Successfully. Yeah, I love the moon and why
- 38:58the moon and not Mars. Mars is six months further.
- 39:05I don't like to Camp so you're traveling for six months.
- 39:11Take really camp in the most extreme way humans have ever
- 39:15camped whereas camping on the moon it feels like if you hate
- 39:19it you just please come home are you can you can put up with it
- 39:23for a couple of days and you just get home Mars you're kind
- 39:26of stuck for two years. Please welcome me in thanking
- 39:32when couple Hey, thanks for listening.
- 39:37If you like this kind of content if you like Gwynne, Shotwell
- 39:40make sure to subscribe to the channel.
- 39:42Not only will you get this kind of content in your feed but you
- 39:46will also be recommended other content from other creators that
- 39:50you may enjoy. So please hit that subscribe
- 39:53button. Thank you.