Among the billionaires, tech titans and media moguls who have arrived for the Allen & Co conference in Sun Valley, Elon Musk is a first-time attendee. And he is ready to talk.
In his first TV interview since one of his SpaceX rockets exploded moments after launch on June 28, Musk told CNBC he did not yet know what caused the explosion, which was the first major Falcon 9 failure in 19 launches. He called the rocket failure "definitely a setback," saying it made it tough for NASA because it illustrated just how hard it was to deliver to the space station.
So, how long until SpaceX will be able to launch rockets again?
"I think we need to understand exactly what went wrong and be very deliberate at it," Musk says.
"We need to look at the data and see if there were any near-misses. Could something else have gone wrong and what do we need to do to fix that. Our goal is to have the most reliable rocket ever because it's going to be launching astronauts soon, so it needs to be super reliable."
The biggest surprise since the explosion, Musk said, was what SpaceX was finding as it interpreted the data: "We're looking at it internally and externally, and whatever it is, was a pretty tricky thing that happened."