LEADING entrepreneur Sir Tom Hunter has described Elon Musk, the South African CEO of SpaceX and electrical carmaker Tesla Motors as a “true disruptor” following his current buy of social media platform Twitter for $44 billion.
Sir Tom instructed the Go Radio Enterprise Present with Hunter & Haughey it was his understanding that Mr Musk had issues over Russia and Saudi Arabia “influencing democracy within the West”, including: “He needs to place a cease to it. I don’t assume he has purchased it [Twitter] for the cash as a result of it’s hardly making any cash.”
Lord Willie Haughey, agreeing with Sir Tom, added that China and Russia had been affecting many of the massive elections within the final 10 years with their affect solely set to develop. “If this [acquisition of Twitter] is to guard democracy around the globe then that will be an excellent assume for everybody.”
Sir Tom, admitting that Mr Musk “is certainly one of my heroes”, mentioned: “He’s a real disrupter. He has taken a staid trade just like the automotive trade and began with a clean piece of paper and mentioned ‘No, that’s what’s gone earlier than and that is how we’re going to construct vehicles now’.
“He has then taken on the much more troublesome process of area rockets and mentioned ‘Why do we have to scrap them each time they go up? Why can’t we land them’. And he’s doing area exploration at a fraction of the price of Nasa.
“Then he’s trying on the visitors downside in LA and arrange The Boring Firm – an excellent identify for firm – and decides he’s going to bore tunnels. As soon as once more he has ripped up the rule ebook.”
Lord Haughey, proprietor of Metropolis Amenities Administration Holdings, warned Mr Musk is perhaps “biting off greater than he can chew”, including: “He’s a genius. When there was an issue with Tesla, he went in himself and slept within the manufacturing unit – he received proper into the element. When there was an issue with SpaceX, he went straight in.
“However I believe that once you add extra larger companies that take up your time, I might be involved. He’s definitely the driving pressure behind his two primary companies and I simply marvel what number of companies of that dimension and ilk … that you could be the driving pressure of.”