Do a lot of business leaders try to emulate Elon Musk?

Management styles are regularly studied and emulated so yes some CEOs will try to emulate him. It may be effective, in some cases, but it's too chaotic so I doubt it will catch on.

Plus, very few CEOs of large companies have the freedom to do as they want. Usually, they have to account to a board of directors that keeps them from going too crazy with the company's assets.

I have no doubt that he'll end up as a MBA case study on what not to do even if he's 100% successful.

I sure hope not

they would if they had the lawyer bandwidth that musk always had.