Love him or hate him, it$$s hard to overstate the huge cultural significance of Elon Musk. The South$-$African born serial entrepreneur is the world$$s most talked$-$about business leader. There are several reasons for the widespread interest in Musk, including his outstanding professional achievements, his frequently outspoken views and his colourful personal life. Oh$,$ and he also happens to be the richest person on the planet.

While it$$s impossible to deny Musk$$s phenomenal success, the jury is out on the quality of his leadership style. Since he bought X $($formerly known as Twitter$)$ last October, his fast$-$paced transformation of the struggling social media giant has often appeared brutally unforgiving to the outside world.

After making sweeping staff cuts, he famously told his remaining staff that they needed to commit to $$extremely hardcore$$ working, which included $$long hours at high intensity$.$ Musk$$s confrontational, sometimes erratic, behaviour has even resulted in his management style being described as $$management by chaos$.$

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Putting yourself in the shoes of Elon Musk, critically analyse the success and failure factors of high$-$risk ventures such as SpaceX $(15$ Marks$)$