SpaceX

“You know, think of, you know, the SpaceX's, the ByteDance, the Databricks, the Stripes of the world, all the companies people are waiting to see when they're going to come public. They all fit that profile. They don't need the public markets to provide the liq…”

“I really don't like the stay private forever idea. It works for some companies where you have an Elon Musk running SpaceX, and you know, the intrinsic motivation and experience will lead to a good outcome. It doesn't work well for 3050, bless you, of the other…”

“You look at the percent of global households with Starlink, it's less than one percent.”

“So look, I think expectations for now, you know, we're going from, You know, call it a 160, 165 launches last year, up into the high hundreds of launches in the next several years. And, you know, getting into the thousands of launches probably in the next thre…”

“The math you get to before you account for things like bad GPUs, bad satellites, right, these will all be things that happen, but the math you get to is it's about five billion dollars per gigawatt Of CapEx to put these in space. Right. For comparison, terrest…”

“And by the way, he's locked up for 365 days. Yes, exactly. So we know he's not selling, right?”

“And so I think for most institutional investors, it's a must buy, a must own, it's set it and forget it, right, in order to have a real bet on both the space and the AI future.”

“In 30 days, we went from not being an AI hyperscaler to being number four, and we passed a lot of companies, including Oracle.”

“And when you back into the numbers, you get to something like five megawatts of capacity per Starship launch.”

“I think another thing that's unprecedented here is the employees and to a large degree the investors here have had liquidity every six months. For like the last 10 years. So if you're a SpaceX employee or former employee and you wanted to sell, you've had, wha…”

“We're also a shareholder. you know, we also expect to be buying in the IPO.”

“The forecast now that we're going to add another trillion of revenue in just three companies, SpaceX, Anthropic, and OpenAI, over the next four to five years, ok? Like, not seven companies, three companies, and in half the time, right?”

“They just signed Anthropic at 22 to 23. They just signed Google at 50.”