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“Don’t Bet Against Musk“ - Musk's BIGGEST Believer Turned $1M Into A $150B FORTUNE

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 31 May 2026

⏱️ 13 minutes

🧾️ Download transcript

Summary

Elon Musk’s early friend and investor backed Musk in the early days of Tesla and SpaceX, turned a small bet into one of the most legendary outcomes in modern business history, and broke down risk, relied on intuition, and spotted world-changing talent early.

Transcript

Click on a timestamp to play from that location

0:00.0

Entrepreneur Magazine comes out with a story of a friend.

0:04.0

Don't pull it up yet, Rob, but I think you have it ready.

0:06.9

Where one of Elon's friends gave him a million dollars to invest in Tesla early on and

0:13.1

eventually got into SpaceX as well.

0:15.7

And that million dollars, Rob, if you want to pull it up.

0:17.7

This is the kind of stuff that it didn't 10x.

0:21.2

It did in 100x.

0:22.9

Watch this.

0:24.2

He loaned Elon a million dollars, and that million dollars now is worth over a hundred billion dollars.

0:31.5

Look at this.

0:32.6

Elon Musk's best friend, Antonio Garcia, bet early on Musk, his 7.3% SpaceX stake could soon make him

0:43.2

one of the 50s wealthy people in the world. They're saying it's going to be worth $150 billion.

0:51.8

By the way, if you do some math, you know what 100 X is? You know what 100 X return on an investment is on a million dollars? You have 100 million dollars. A billion is a thousand X. 10 billion is 10,000 X. A hundred billion is 100,000 X. This guy 150,000 X'd the loan he gave to Elon Musk for $7.3 billion.

1:13.4

Tom, your thoughts on the story.

1:15.0

Well, it just goes to show you you can be at the right place at the right time and you can

1:18.5

be around the right people.

1:20.1

And it also proves that I'm going to make an adjustment.

1:24.0

There used to be an old adage that said, you know, your position in life and even your net worth will be influenced by the top five people you choose to have in your orbit as your close associations or friends.

1:37.3

So you take all the 20 people you know, who are the five that were really in their close?

1:41.6

What are they all about? Are they racist? Are they cool people? Are

1:44.8

they trying to grow out of their youth? Are they working hard? Are they successful? Whoever those

1:49.8

top five are, it'll influence where you go. People have said that a lot, right, Pat? Okay, this shows you

...

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