“It's let's at least let's at least agree that it's at least 10 or 12 years away.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Dick Costolo
PredictionOpen · timeframe May 2031
Costolo: SpaceX will acquire Tesla
“I think SpaceX, I am one of the people that believes SpaceX will buy Tesla.”
Dick CostoloMay 27, 2026▶ 8:59Predicting the SpaceX, OpenAI, and Anthropic IPOs — With Dick Costolo
PredictionHeld up
Costolo: SpaceX could be worth over $2T on day one
“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.”
Dick CostoloMay 27, 2026▶ 9:25Predicting the SpaceX, OpenAI, and Anthropic IPOs — With Dick Costolo
AssertionNot checkable as stated
Costolo: OpenAI commitments exceed $1T without revenue to back them
“When you go and run on the numbers, it adds up to crazy over a trillion dollars worth of commitments that don't have the, you know, and you don't see the revenue model or growth yet to back it up.”
Dick CostoloMay 27, 2026▶ 13:53Predicting the SpaceX, OpenAI, and Anthropic IPOs — With Dick Costolo
PredictionNot checkable as stated
Costolo: OpenAI will pop on IPO day but face intense quarterly scrutiny
“It will still do really, really well on day one because people are going to be like, it's the next stigma. It's the next Cerebrus. I can't, I, you know, I haven't been able to buy secondary before I want to be an investor. You have to own one of these things, …”
Dick CostoloMay 27, 2026▶ 15:00Predicting the SpaceX, OpenAI, and Anthropic IPOs — With Dick Costolo
Opinion
Costolo: Nikita Bier's product instincts rival Kevin Systrom and Evan Spiegel
“Nikita has an extraordinary instinct for product that I think only, I would say, Kevin Systrom and maybe, you know, Evan Spiegel with his initial instinct for Snapchat stories are comparable.”
Dick CostoloMay 27, 2026▶ 44:42Predicting the SpaceX, OpenAI, and Anthropic IPOs — With Dick Costolo
Insight
Costolo: Advertising is undefeated because ARPU far exceeds premium subscriptions
“Advertising is undefeated as a business model. What you end up finding is that the average revenue per user is just much, much higher than you can get from a premium subscription.”
Dick CostoloMay 27, 2026▶ 49:06Predicting the SpaceX, OpenAI, and Anthropic IPOs — With Dick Costolo
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