Elon Musk has shared details about a challenging time in his life when he lived “below the poverty line,” surviving on just $1 a day for food during a difficult financial period. His story sheds light on his humble beginnings, long before he became the billionaire entrepreneur behind Tesla and SpaceX.
During his early days in Silicon Valley, Musk encountered significant financial struggles, particularly after launching his first startup, Zip2. Musk recounted how, for one month, he survived on a diet of pasta, green peppers, and sausages.
This was his way of managing with very little money while dedicating himself tirelessly to building his business. His frugal approach to food reflected his commitment to stretching his limited funds, relying on basic and inexpensive ingredients to sustain himself.
Musk often shares this period of financial hardship as a testament to his resilience and determination. It highlights the sacrifices he made early in his career and the challenges he overcame before reaching his current status as one of the world’s wealthiest individuals.
His experience of living frugally and managing on so little provides insight into the grit and tenacity that enabled him to create transformative companies and revolutionize multiple industries.
This phase of Musk’s life took place in the early 1990s when he was striving to make his mark in Silicon Valley. After dropping out of Stanford University just two days into his studies, Musk was determined to pursue a career in technology.
However, his financial situation was dire, forcing him to live on an extremely tight budget. Spending as little as $1 a day on food was not a choice but a necessity, as he prioritized his entrepreneurial ambitions over personal comforts. His simple meals of pasta, green peppers, and sausages symbolized his determination to endure hardships while focusing single-mindedly on his goals.
Despite the financial uncertainty and grueling work hours, this period laid the foundation for Musk’s later success. His persistence and work ethic eventually led to the sale of Zip2 and the co-founding of X.com, which later evolved into PayPal.
These early struggles shaped Musk’s mindset, instilling the resourcefulness and resolve that would later drive his groundbreaking ventures, including Tesla, SpaceX, and other ambitious projects.
Elon Musk’s story of living “below the poverty line” is a powerful reminder that even the most successful individuals often endure significant hardships before achieving their dreams.
It serves as an inspiration, emphasizing the importance of perseverance, focus, and the ability to see the bigger picture, even in the face of adversity.
Why Elon Musk doesn’t have access to all of SpaceX’s top secret work: report
SpaceX’s business with US defense and security agencies has grown rapidly in recent years
SpaceX CEO Elon Musk’s knowledge of the work the space exploration company does for the U.S. military and intelligence community is limited by his security clearance level, but the company reportedly has not sought to secure a higher clearance for Musk over concerns about disclosures that could jeopardize his current clearance.
The Wall Street Journal reported citing people familiar with the matter that SpaceX lawyers recommended that the company’s leadership not pursue a higher security clearance for Musk because he would have been asked about contacts with foreign officials as well as his prior drug use.
Musk holds a “top secret” clearance that gives him access to some of SpaceX’s sensitive programs. However, he does not have the higher level authorizations for “sensitive compartmented information” that roughly 400 SpaceX employees have, nor the permissions for “special access programs” that a smaller number of the company’s workers have, the Journal reported.
SpaceX’s legal team explored risks that could arise from pursuing a more advanced security clearance for Musk in response to the Journal’s June 2023 report about the billionaire entrepreneur’s use of ketamine.
SpaceX founder and CEO Elon Musk’s security clearance limits his access to some of the company’s national security projects, WSJ reported. (Nathan Laine/Bloomberg via Getty Images / Getty Images)
One of the outlet’s sources said the analysis found that it would raise the risk of Musk being denied the more advanced clearance or potentially losing his current top secret clearance.
It could also have required the company to increase security to insulate classified portions of its business from Musk, or to secure a waiver for continuing to perform national security work because of Musk’s role as the company’s CEO, the report said.
With his current top secret clearance, Musk lacks access to certain information about SpaceX’s work on a spy satellite program, called StarShield. He also is not permitted to enter company facilities where classified work is done, and in many cases, does not have knowledge about the classified cargo carried by SpaceX launches, according to the report.
President-elect Donald Trump, left, tasked Elon Musk, right, and Vivek Ramaswamy with leading the Department of Government Efficiency, which could give them the ability to review classified programs in their cost-cutting push. (Photo by Brandon Bell/Getty Images / Getty Images)
The process for applying for federal security clearances asks applicants if they have used certain drugs within the last seven years, and clearance holders may have their access revoked for drug abuse. It also requires the disclosure of communications with foreign nationals.
By contrast, CEOs of SpaceX rivals like Boeing, Lockheed Martin, and the two companies’ joint space venture, United Launch Alliance, have authorizations for sensitive compartmented information, the Journal reported, citing people familiar with their clearances.
SpaceX’s business with U.S. defense and intelligence agencies has grown rapidly in recent years. (REUTERS/Kaylee Greenlee Beal / Reuters Photos)
Musk obtained his top secret clearance in 2022 after he previously held a secret-level clearance, but the process of approving his top secret clearance took several years, which people familiar with his clearance believed was due to him smoking marijuana during an appearance on Joe Rogan’s podcast in 2018, due to the substance being illegal under federal law.
Musk’s work with the incoming Trump administration, which tasked him and Vivek Ramaswamy with leading the new Department of Government Efficiency (DOGE), could give him the opportunity to access classified information if President-elect Donald Trump chooses to exercise authority that would allow him to do so.
The Journal reported that SpaceX is looking for locations to site a secure facility where Musk and DOGE workers would be able to safely review classified information in the course of their cost-cutting efforts.