Last fall, billionaire entrepreneur Mark Cuban publicly expressed his admiration for Elon Musk‘s business acumen and risk-taking approach, despite their ideological differences.
What Happened: In an October 2024 interview, Cuban praised Musk’s propensity to heavily invest in his business ventures. “He goes all in,” Cuban said.
Musk’s purchase of Twitter was highlighted as an example of his risk-taking approach. Musk acquired the platform in October 2022 for $44 billion, using his personal funds, bank loans, and capital from other investors.
However, X’s valuation has since taken a hit, largely due to Musk’s controversial stance on hate speech and “free speech.”
Despite these challenges, Cuban commended Musk’s entrepreneurial feats, including the co-founding of seven companies such as Tesla Inc. (NASDAQ:TSLA) and SpaceX.
Also Read: Cuban on Musk: ‘I Have …
