Not a Tesla fan and I absolutely despise the cult around Elon. SpaceX is a bit different though. Luckily with Elon’s many, many side project misadventures he’s pretty hands-off with SpaceX. Ultimately it comes down to being largely engineer driven and given sufficient (but yes, still government) funding to try new things without the scrutiny of direct government agencies. The hours are usually terrible from what I hear, but this varies team to team.

My biggest complaint is that they do lowball engineers using the stock as reasoning for why it’s worth accepting. FWIW historically that has been the case, and many engineers there do effectively have golden handcuffs. But expecting infinite golden handcuff level growth forever is unrealistic.