You joke, but after reading some texts from Musk and his social circle [1], I find it plausible that that is how some of these business decisions get made.
This is probably fine though, it is the Elon way of doing business. Make fast decisions and try and whole heap of things. He then gets criticised for not delivering on the majority of them but still comes out ahead of orgs that take 6 months to make the decision in the first place.
Doesn't seem like too bad a method to me. Apart from in situations where you have a ton of data (e.g. Amazon) most product prices are pulled out of someone's arse anyway.
[1] https://www.theatlantic.com/technology/archive/2022/09/elon-...