'i'm Not Trying To Land On Mars': Mark Cuban Takes Dig At Elon Musk To Explain Why His Online Pharmacy Isn't Trying To Make More Money

At WIRED's "The Big Interview" arena earlier this month, Cost Plus Drugs laminitis and "Shark Tank" prima Mark Cuban was asked why he doesn't make overmuch profit astatine his low-price supplier company.

"You're beautiful clear that you are not doing this for altruistic reasons — you're moving a business," noted nan arena moderator.

"Well, I could make overmuch money," Cuban said, to laughs successful nan crowd. "We're a nationalist usage corporation. But really overmuch f---ing money do I need?"

"I'm not trying to spell to Mars," he added, pinch an evident excavation astatine his billionaire rival Elon Musk.

Related: Mark Cuban's Startup Is Sending Its First Batch of Essential Meds to Hospitals Facing Shortages

What Is Cost Plus Drugs?

Mark Cuban Cost Plus Drug Co. is an online drugstore co-founded by Cuban and radiologist Alex Oshmyansky to disrupt nan pharmaceutical manufacture and small supplier costs. It launched successful January 2022 and offers overmuch than 2,300 medicine medications and delivery.

How Does Cost Plus Drugs Price Its Medications?

On nan institution website, Cuban outlines really nan worth building works: Cost Plus marks nan guidelines worth up by 15%, and past adds connected nan existent costs that nan drugstore charges them to spread nan medication.

So a supplier for illustration Albendazole, for example, which treats ringworm and costs astir $113 elsewhere, according to Drugs.com, is $35, arsenic per nan letter. (Cuban wrote that nan institution paid $26.08.)

"Many group are spending crazy amounts of money each play conscionable to enactment healthy," Cuban wrote. "No American should personification to suffer aliases worse - because they can't walk basal medicine medications."

Related: How Mark Cuban Forced nan Biggest U.S. Pharmacy to Upend Its Business

What Is a Public Benefit Corporation?

A use corporation—also known arsenic a B Corporation—has shareholders who ain nan company, dissimilar a non-profit. So making money is nan point, conscionable not nan afloat point.

While non-profits (or not-for-profits) work a nationalist usage and don't make immoderate profits, usage corporations want to make money while still serving a greater intent than itself "and a desire for nan corp to thief make nan world a amended place," according to Rick Bell of Harvard Business Services.