Baker: Public Markets Tolerate Heavy Capital Investment Better Than VCs
Gavin Baker · Gavin Baker: SpaceX Might Be the Greatest Company of All Time · Jun 15, 2026 · at 1:47
Gavin Baker of Atreides Management discusses whether public markets will penalize SpaceX for long-term capital expenditure cycles, citing Tesla and Amazon as precedents.
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“I do think the public market has a much greater tolerance for investment and a much longer time horizon than a lot of people in the venture ecosystem. Give it credit for it.”
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