Elon Musk says ‘patents are for the weak’ as he talks Starship rocket, tours SpaceX Starbase with Jay Leno

Elon Musk says ‘patents are for the weak’ as he talks Starship rocket, tours SpaceX Starbase with Jay Leno


The list of things that interest Elon Musk ranges from space travel to easing Los Angeles’ infamous traffic.

One thing that doesn’t make the cut? Patents.

The 51-year-old entrepreneur recently appeared on CNBC’s “Jay Leno’s Garage” to give the former “Tonight Show” host a tour around the SpaceX Starbase facility in Texas.

During the tour, Leno asked if SpaceX had a patent on the material used to build its ships. Musk replied that his spacecraft manufacturer “[doesn’t] really patent things.”

“I don’t care about patents,” Musk told Leno. “Patents are for the weak.”

In Musk’s opinion, patents are “generally used as a blocking technique” that are designed to prevent others from innovating.

“They’re used like landmines in warfare,” he says. “They don’t actually help advance things; they just stop others from following you.”

It’s not the first time Musk has spoken out against patents. In a 2014 memo to Tesla employees, Musk said that it was his company’s ability “to attract and motivate the world’s most talented engineers,” not its patents, that would make it a success.

“[Patents] serve merely to stifle progress, entrench the positions of giant corporations and enrich those in the legal profession, rather than the actual inventors,” he wrote at the time.

The legal page on Tesla’s website includes a pledge that the company “will not initiate patent lawsuits against anyone who, in good faith, wants to use its technology.”

All-new episodes of “Jay Leno’s Garage” air Wednesdays at 10pm ET on CNBC.

Sign up now: Get smarter about your money and career with our weekly newsletter

Don’t miss: Joshua Bassett still doesn’t know how much Disney pays him for ‘High School Musical’

Kevin O'Leary looks for this resume 'green flag' when hiring



Source

Lunar New Year gives luxury brands a chance to win back big spenders in China
Business

Lunar New Year gives luxury brands a chance to win back big spenders in China

Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500 rose gold watch with diamond bezels and a red lacquer horse. High-end fashion brand Chloé […]

Read More
AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Business

AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says

Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish. Tens of billions of […]

Read More
How packaging and logistics companies are automating their warehouses
Business

How packaging and logistics companies are automating their warehouses

DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management […]

Read More