Elon Musk responded to a post by billionaire Peter Diamandis on X regarding the early struggles of SpaceX. Diamandis noted that the company's initial rocket failed on three separate occasions, leaving them with enough capital for just one final try. Musk replied, "If the 4th launch had failed, SpaceX would not exist." The Falcon 1 eventually became the first rocket built by a private company using liquid fuel to successfully reach Earth's orbit.

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