SpaceX

“Musk, in my mind, you know, makes strategic business decisions all day long and then waits for a headline to announce them to make it seem like the assassination attempt got his endorsement or that a new law in California around LGBTQ kids caused him to move a…”

“My favorite. Interview tidbit with Elon last week that I saw was that it took them more time to get the approval to do the launch of the rocket that they launched last week than it took them to actually build the rocket. So they built a, whatever, a 20, 25 sto…”

“Elon did a very good job selecting places to build where the cultures were so bad at the competitors that he could kind of be a dick and also push people really hard. And the working environment didn't have to be that great because if you want to work on rocke…”

“That thing's a 20, it's a 23 story building that they caught.”

“It's this weird dynamic that's developed because he's the kind of key person in all these companies where people fund these things or his dalliances, even Twitter, right? For access to the actually good stuff. And so you end up in this weird zone where like, I…”

“Everyone, you know, you're up there applauding like this, like window, we're going to get to Mars in Trump's administration. And it's absolute horseshit. Like we, like there aren't even window launch windows open for that to happen.”

“I'm a SpaceX shareholder. I love SpaceX. I have millions of dollars personally in SpaceX because I love, I think it's an amazing fucking company.”

“I would say not 75%, but maybe sixty-forty favorable to Elon out here, and I think it's because of, there's just so many fanboys and a few fangirls of SpaceX and the rockets, and they caught them on toothpicks, and humanoid robots, and autonomous vehicles, and…”

“There's just no venture capitalist who wants to be on bad terms with him, either because they want in on the next deal, or they just want preferential terms in the SpaceX secondaries, which he controls literally based on how many people emailed him in what ord…”

“Also, some amazing detail about their conversations with Elon Musk and SpaceX over using Starlink, where Apparently must gave them a 72 hour deadline to accept or reject his proposal.”

“I will say I'm 40% 2026, but like 90% 2027. So I think there is a re reasonable chance next year, and like, I just think they're not gonna go a Stripe, a SpaceX, and all that kind of stuff. Like, they're just not. The body language is totally different.”

“Yesterday was a pretty strong signal that, you know, you can start investing in this new platform, and you're probably gonna see it in the next 24 months.”

“There's currently no way, if a launch needed to be aborted, that the crew could escape. And this is, I didn't know this, but this is like the key thing that SpaceX has to figure out to put people on the Starship.”

“I think I've said this here by, you know, end of next year. Beginning of the next, real chance of SpaceX IPO, OpenAI IPO, Anthropic IPO.”

“I mean, investing as a new investor at the current valuation, you have to believe this is a five to 10 trillion dollar company, I think.”

“I'd rather just be long it and hold it, because you'd have to believe, not only is SpaceX overvalued, you have to have the opinion that it's so bad, right, that it's gonna underperform the rest of the market by 50% from where it is, for it to be worth taking t…”

“The other thing I hear that wasn't obvious to me is how much this will be seen, this IPO will be seen as a bellwether for Anthropic and OpenAI”

“And I gotta say by and large, and it's anecdotal, but there are enough of them. They are very, very excited about these companies and they're selling down their mag seven positions a little bit to, or preparing to like go all in on these companies.”

“And I think this is like Elon's way of getting data centers in space and everything that we need to power the AI future that we have.”

“Three times as big almost as space launch.”

“He has. Yes, they pivoted to the moon.”

“There's going to be less supply and you think of shares, right? And then the demand for shares will have much less to do with like a specific thesis They will be like, yeah, you kind of have to buy it because it's huge, right? Like if you're indexing a bunch o…”

“The information reported this week, not only unsurprisingly, is he getting super voting shares in the SpaceX IPO, but he now Elon has a really aggressive comp plan as well that will give him tens of millions of shares if I think the market cap goes to 6.6 tril…”

“Even just the returns that they're going to see from their SpaceX and Anthropic investment is insane.”

“We have seen perhaps the strangest AI compute deal to date, which is Anthropic Colossus. So SpaceX, Elon Musk. Have given over their first Colossus project. 100%. Not like 40%.”

“Well, and also we have SpaceX IPO S one is out confirming numbers previously reported by the information. June 12th, guys, is the rough date for liftoff.”

“I do think I'd rather own Anthropic at a trillion than SpaceX at a trillion.”

“Well, to be clear, a trillion is the top of the current Anthropik price and the by far bottom of the current SpaceX price.”

“Elon and key investors are 366 day. So full year lockups.”

“So they're doing seven percent tranches at seven, 9105, 121 135 days post IPO. Full release at 180 days for most holders.”

“SpaceX reserved up to five percent of the IPO shares for a directed share program, which is people selected by the executive officers. And so they're offered at the IPO price and they have no post IPO lockup restrictions.”

“And the interesting thing is, it's really unclear who's buying it after you unless the rules of the S and P 500 change. And the answer is structurally retail has to buy it after you.”

“It is financially, if you look at it like with a Wall Street hat on, nonsense. Right? At a 1.75 trillion dollar valuation.”

“It's Forex oversubscribed. There's like almost three hundred billion in demand. Including a lot of the Middle East.”

“Both Tesla and SpaceX are the two highest, I believe, like, dollars per dollar of revenue, or whatever you want to do, like, things in the world.”

“And so, like, for me, that's the interesting thing, is like, the middle just drops out. I think it becomes incredibly hard to recruit for.”

“They're gonna Set the benchmark, you know, they're going to set the roadmap, the playbook for anthropic and open AI, which are waiting in the wings and privately whispering timeframes that are quite sooner rather than later.”

“We're at two and a half trillion dollars as of this taping.”

“And she did, and she donated hundreds of millions of dollars in SpaceX to Trump accounts.”

“He bailed out his XAI people. He bailed out his Twitter people. He bailed everyone out, right? So Elon gets to be the guy who makes everyone money, and if you're a SpaceX shareholder, you're like, whatever, you kind of got robbed on a few things, but number bi…”

“The one-liner was that they have now moved, what, they've moved up one year their one trillion dollar revenue number. That was the kind of funny Elon quote from the earnings call, that things are going so well That they're going to hit one trillion one year ea…”

“Like SpaceX is a meme. It's a great meme. It's an awesome meme. Like, SpaceX, like Moderna, has every ability to pop out headlines that people are going to go nuts for. But, you know, it isn't that dissimilar from a GME, not in that they don't do amazing thing…”