Disruption refers to a major change in an industry or market, brought about by innovations that significantly alter the way things are done. It often emerges when new technologies, business models, or ideas provide simpler, more efficient, or more accessible alternatives to existing solutions. This can lead to the decline or even collapse of established companies that fail to adapt. The concept was deeply explored by economist [[Joseph Schumpeter]], who introduced the idea of "[[creative destruction]]." According to Schumpeter, economic progress depends on the constant dismantling of old structures and the creation of new ones. [[Innovation]], in his view, is the driving force behind [[capitalism]]’s evolution and renewal. [[Elon Musk]] exemplifies modern disruption through his work with companies like [[Tesla]], [[SpaceX]] and others. By challenging traditional industries—automotive, energy, aerospace etc.—Musk has demonstrated how bold vision and technological innovation can rapidly shift the status quo. His approach reflects Schumpeter's theory, showing how disruptive forces reshape markets and redefine the future.