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The Economic Times
The Economic Times
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Business lesson from world's first trillionaire Elon Musk: 'Rely less on business gurus and their books and more on biographies' What business owners can learn from world's richest man's success mindset

When it comes to learning about business, Elon Musk does not turn to popular management gurus or bestselling leadership books. The SpaceX and Tesla chief has long relied on reading as a source of knowledge, drawing lessons from history, science, engineering and the lives of great innovators rather than conventional business literature.

Following that philosophy has helped Musk build one of the world's most valuable business empires. The entrepreneur recently became the world's first trillionaire after a blockbuster stock market debut by SpaceX sent the company's valuation soaring. Investors backed the space exploration giant despite its heavy spending, betting that its long-term investments in satellites, orbital infrastructure and artificial intelligence would drive future growth. The surge in SpaceX's value, combined with Musk's significant stake in Tesla, pushed his estimated net worth beyond the trillion-dollar mark, cementing his position as one of the most influential business leaders of the modern era.

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