SpaceX

“As I understand it, you know, there was a lot of back and forth within Founders Fund over that investment where Luke Nosek was pushing really hard to do that investment. Teal wasn't so sure because Teal doesn't, you know, it's not his You know, like taking tha…”

“I, to me, the sub was far safer than a Blue Origin or a SpaceX. I mean, obviously that looks insane now, but it imploded.”

“Yeah, if you're whoever, if you're Gavin Newsom administration, you're done. Like, it's, I'm gonna use the exact executive order precedent, and all of those contracts are getting canceled.”

“Full disclosure, I am a investor in XI, XAI. I was an investor in Twitter. It got converted into XAI. It's, you know, sort of Twitter merged with Grok now. I have a small investment in XAI prior to that. I have an investment in SpaceX, me personally.”

“Beyond its existing 4.5 billion in federal contracts. SpaceX is also poised to get a slice of the forty two billion in contracts to provide internet connections to rural areas through Starlink.”

“Probably the greatest entrepreneur of our time. I mean you know, he's a company, he's created everything from SpaceX and look at the impact of Starlink, let alone Tesla and X. So you know, had some complicated interactions, but sort of the undisputed leader in…”

“Yeah, I mean, we're hearing 50, potentially raising fifty billion at a 1.5 trillion valuation.”

“I think not a great combination if you ask me, especially, you know, SpaceX is highly regulated. It's a government contractor. XAI recently was, you know, bikini-fying people on, on Twitter. I think that's some sort of risk there.”

“The most logical reason is that SpaceX, one of the reasons that have been given privately to investors for wanting to IPO SpaceX is that it needs to raise money so that it can develop and build data centers in space.”

“If they really do merge with SpaceX, which it does sound like now, is gonna happen, and may even be announced this week, which is insane how fast that that came together, if it comes together in that way.”

“Oh, I imagine it does. I mean, I, if we're talking, I think the numbers now, 1.75 trillion dollars with a T. I think right now OpenAI isn't, doesn't start with a T yet, but maybe.”

“Elon Musk and co have filed for that IPO.”

“The company's acquisitions of Musk's XAI company valued SpaceX at 1.25 trillion in February.”

“I think one of the underappreciated reasons that, that they are taking SpaceX public is to merge it with Tesla ultimately, right? Like Elon Musk has been collapsing his empire. And just as a practical matter, it's pretty hard for a private company, even a big …”

“That giant sucking sound you're gonna hear in the markets, you know, this May and June is, is, Bankers running around asking for eighty billion dollars, which, by the way, I think they'll get.”

“Anthropic will use all the computing capacity from SpaceX's Colossus One data center in a new agreement with Elon Musk's rockets and artificial intelligence company. SpaceX will supply 300 megawatts of new computing capacity Using more than 220,000 NVIDIA GPUs…”

“SpaceX will be the one that IPO is first out of this. I think we could both agree there.”

“This is effectively giving up. It's saying, you know, it doesn't know how to effectively use this compute capacity to train models, or if it did, it wouldn't be worth the expense because it would still be behind OpenAI. And anthropic, and so therefore it's now…”

“The data center that they are going to be able to lease from Elon Musk is a five to six billion dollar data center. That's fully built. Right? That's just from the GPU cost alone. It's fully built and ready to work to help Anthropik deliver these services.”

“In the SpaceX S one document, they talk about how Anthropic has agreed. And this is one of the big, like revenue boosters for them. To spend 1.25 billion dollars per month through May 2029. But they explicitly say in May and June, 2026, it is at a reduced fee.”

“Again, like SpaceX is targeting a raise between 40 and eighty billion dollars.”

“SpaceX, of course, filed to go public this week.”

“But, so they have already filed their S-one, and have positioned themselves squarely in the AI camp. Like, this is not a space company anymore. This is an AI company.”

“SpaceX had a net loss. 4.28 billion on revenue of 4.69 billion for the first quarter compared with a net loss of five hundred twenty eight million on revenue of about four billion a year earlier.”

“I have this theory that the Tesla stock will, or the Tesla shareholders who've been through this bumpy ride with Tesla, like they've been told a couple of stories, Tesla, the electric car, the self-driving car, the optimist robot they will Move their money. Th…”

“Again, another, another advantage to going first and, or going second and not going third is there's not infinite capital out there. You're going to want to be in, you know, one or two of these things, and then probably, probably not all three Although we'll s…”

“When SpaceX goes public, and I think it'll actually, could you could, it could end up being worth over two trillion dollars on day one, whether that's a fake price or not.”

“You've got all these university endowments and, Venture LPs, et cetera, that haven't had their big liquidity events that are now gonna be, you know, flush with distributions of SpaceX and Anthropic and OpenAI that are gonna be able to turn around and pour a bu…”

“I think SpaceX, I am one of the people that believes SpaceX will buy Tesla.”

“Well, SpaceX has basically given up on the AI project, and I know that might sound extreme, but when you're renting data centers to Anthropik, you've given up.”

“You have every incentive in the world to juice the valuation because that means that it gets anchored there and then you go out at a higher value. Like, then you realize that at the expense of the retail market.”

“That a lot could change in between now and the time that they would go out, but SpaceX is going to go public, you know, this week, the end of this week or early next. And so or maybe the 11th, you know, at the latest or whatnot.”

“So more than 20% of the IPO allocation went to retail investors, which means, and this is sort of where the negative side of it is, the risks typically borne out by government and venture capitalists are now being Born out by everyday investors”

“It's a 2.2 trillion dollar company. It's not going to have earnings that justify that at all for years.”

“Then in the run-up to the IPO, the company signed a fifteen billion dollar deal with Anthropic, a thirty billion dollar deal with Google to license out the data centers that it's built for its own AI efforts,”

“So much of how this is orchestrated, it's only a 4.3% float.”

“As the investment banks who led this IPO are making a record, reaping a record-making five hundred fifty million dollars in fees, Goldman Sachs, who is leading the deal, has remade its entire lobby and cafeteria with a space theme.”

“I don't know if it would have been that level of cash if the AI side of this wasn't included. So I think that, that money would have otherwise gone to OpenAI and Anthropic.”

“We're, you know, we're talking to SpaceX about spacey things.”

“And remember, this is a company with an 18.7 billion dollars of revenue total. I mean, Amazon, it surpassed its market cap. Amazon has seven hundred fifty billion dollars in revenue. Like this is a company that's losing four billion dollars.”

“Largest IPO ever, raising more than eighty-five billion dollars at a 1.77 trillion dollar valuation.”

“Remember, they brilliantly went out to the market saying it is worth this ungodly valuation and kind of anchoring things there, only releasing less than five percent of actual available shares to the market to actually create that kind of artificial restricted…”

“Giving that little nugget to the world, starting to seed that idea, and I think it's almost, it has to happen, because these two companies, again, Tesla has a car business, SpaceX kind of has a space business, still has an internet satellite business, but they…”