I don't really have much to say as regards to this post. It is just an avenue to hear your thoughts on which is better to invest both time, energy and resources in, mostly for a season as this, where we are experiencing economic uncertainty and ill-timed government banking policies.
So, given that the resources are available or not and you are presented with the opportunity to start/grow or buy an existing business just like Elon Musk, which option is more preferential and benefitial to you?
It's not easy to start a business, having a money doesn't ensure that a business will start and continue smoothly. Buying an existing business has its advantages because it is already operating smoothly and you won't have to start from scratch to build one, instead, you can contribute your ideas to ensure that the business continues to grow. I've seen a lot of people who want to launch a business but eventually give up not because they lack funds, but rather because they find it difficult to start from scratch. Many people have failed in their attempts to launch a business, which is why, if they have an idea, they choose to go after an existing business.
We also know that Elon Musk bought The X, formerly known as Twitter. This is not because he lacks the funds to create his own social network, rather, it will take him more than a year, so he chose for an existing one instead. It's still up to the individual, in my opinion, but if I had the money to acquire the company, I would probably prefer the existing business.