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A recent discussion touched on the importance of innovation velocity, drawing historical parallels to technology companies. Elon Musk chimed in on this during a conversation about companies that have endured drastic fluctuations in their fortunes. He reflected on how success or failure can hinge on a company's ability to innovate rapidly. This succinctly highlights a critical aspect of sustaining market leadership: companies that fail to innovate risk being outpaced by competitors.