# The $2 Trillion SpaceX Story Might Be an Illusion

An episode of [Earn Your Leisure](https://invisiblenetwork.ai/podcast/1450211392), 21 Jun 2026, 21 min.

Audio: https://podtrac.com/pts/redirect.mp3/traffic.omny.fm/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/8dbc4f54-a337-4481-9ef2-b355012b0a3d/f4139b75-4f04-42b8-abc6-b46f0115f84a/audio.mp3?utm_source=Podcast&in_playlist=eac4c628-29cb-469a-b5c8-b355012b0a48

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## Transcript

[0:00] Speaker 1: Talk about grade is open, toll free, right, SpaceX, SpaceX Okay, Yes,
[0:08] Speaker 1: the aftermath we talked about it last week is before.
[0:11] Speaker 1: Now we're in the aftermath phase. So it was up
[0:14] Speaker 1: twenty dollars today, IPO at two point two trillion dollars
[0:19] Speaker 1: currently almost at two point four trillion. So just from
[0:22] Speaker 1: a just from a perspective standpoint, right, it took the
[0:30] Speaker 1: first trillion dollar company, which was in video, I believe Apple, Apple,
[0:38] Speaker 1: from the inception of the stock market to a few
[0:43] Speaker 1: years ago, right, almost one hundred years to reach a
[0:48] Speaker 1: trillion dollars, and all of the trials and tribulations that
[0:52] Speaker 1: had come with the stock market, from the Great Recession,
[0:55] Speaker 1: the Great Depression nineteen ninety nine, nineteen eighty four, all
[0:59] Speaker 1: of these different things, and you know, it took almost
[1:01] Speaker 1: one hundred years for one company to reach a trillion
[1:05] Speaker 1: and Apple have been publicly traded company for over twenty
[1:08] Speaker 1: five years when that actually happened. SpaceX on his first
[1:13] Speaker 1: day of a publicly created company, became double triple almost
[1:20] Speaker 1: that right, double platinum, double two trillion, first day of
[1:26] Speaker 1: trading with eighteen billion dollars of revenue. What does it
[1:32] Speaker 1: say about the market that we're in right now, and
[1:35] Speaker 1: what and what is the long term trajectory of SpaceX?
[1:39] Speaker 1: Is it going to be five hundred dollars next year?
[1:41] Speaker 1: Should you be short in this stock because it's going
[1:43] Speaker 1: to come down within the next six months? What should
[1:46] Speaker 1: investors be looking for as far as price trajectory for SpaceX?
[1:50] Speaker 1: And what does it coming in at two trillion? Say,
[1:52] Speaker 1: but two trillion with eighteen billion dollars of revenue?
[1:55] Speaker 2: What does that say?
[1:57] Speaker 3: I think it shows the power of venture capital in
[2:00] Speaker 3: private markets, power with a one of a cond CEO.
[2:06] Speaker 3: Is evaluation high? Yes, but that's the game that we're in.
[2:11] Speaker 3: I remember when Airbnb was valued at what it was
[2:13] Speaker 3: valued at before been public and everyone had issues with it,
[2:16] Speaker 3: and then it grew ten x from there.
[2:18] Speaker 2: So the pipeline.
[2:19] Speaker 3: From angel to venture I think has become even more
[2:24] Speaker 3: powerful than it has been. And I think a lot
[2:27] Speaker 3: of people in that space saw what TiAl was able
[2:31] Speaker 3: to do and they want to usurp him and be
[2:34] Speaker 3: able to do the same thing.
[2:36] Speaker 2: As far as as shit you short it.
[2:38] Speaker 3: I got this question a lot over the last few days,
[2:41] Speaker 3: even though I know the price is going to contract
[2:43] Speaker 3: and come down within the next six months. I think
[2:46] Speaker 3: it is a mistake to short the stock, especially these
[2:49] Speaker 3: first four or five weeks. You're going against tail You're
[2:52] Speaker 3: going against tail winds that are so strong. If you're
[2:56] Speaker 3: short in the stock, you're saying, my fifty thousand dollars
[3:00] Speaker 3: and options it's worth more than the billions that are
[3:03] Speaker 3: selestion in from funds, fund of funds, hedge funds for
[3:08] Speaker 3: one ks. And it's not also too You gotta look
[3:13] Speaker 3: at the perspectives. I did a breakdown on this in
[3:15] Speaker 3: stock Club, but SpaceX is and I said before that
[3:18] Speaker 3: at some point he's going to leave Tesla and this
[3:23] Speaker 3: is going to be the company and star Link that
[3:25] Speaker 3: he focuses on. But if you look at what they
[3:28] Speaker 3: said in the perspectives, the value or total addressable market
[3:33] Speaker 3: is twenty six point five trillion from AARI to not
[3:37] Speaker 3: rockets seven hundred and sixty billion and consumer subscriptions from
[3:42] Speaker 3: Starlink and six hundred billion in digital advertising. This is
[3:46] Speaker 3: a rocket company, rapper, This is really an AI company.
[3:51] Speaker 3: So if you because it's even in how it went public,
[3:55] Speaker 3: it's not classified in that same space the bone would
[3:59] Speaker 3: be in, which I think is brilliant. You get the
[4:02] Speaker 3: branding of Rocket Propultion uh Lunar Economy Orbit Economy, but
[4:09] Speaker 3: it's really an AI company also too. We have to
[4:12] Speaker 3: remember he wants his revenge from Sam Altman because I
[4:15] Speaker 3: helped you organize over there at Open Ai. So this
[4:20] Speaker 3: is his grand fu to Sam while destroying his career
[4:24] Speaker 3: and reputation. The evaluation is high, but for the way
[4:28] Speaker 3: that it's been planned, you have to give him credit.
[4:30] Speaker 3: It's absolutely brilliant, even the locker period, and to make
[4:33] Speaker 3: sure that the price doesn't flow down blow a certain level.
[4:36] Speaker 2: Can't argue with it. It's the environment that we're in
[4:39] Speaker 2: right now. So what's the price prediction?
[4:42] Speaker 3: If you know one another price of where SpaceX will
[4:45] Speaker 3: fall to go to ianinvest dot com please please, and
[4:49] Speaker 3: then I'll tell you. But we'll go to five hundred
[4:52] Speaker 3: for sure, We'll I have a deep pullback, for sure.
[4:55] Speaker 2: But the mechanisms in which he.
[5:00] Speaker 3: Will make sure that the price stays will flow these
[5:02] Speaker 3: first three or four months is nefarious but brilliant.
[5:07] Speaker 4: Hopefully it's a it's a trillion dollar opportunity. I'll just
[5:10] Speaker 4: be frank with you with choice. It's a trillion dollar industry.
[5:14] Speaker 4: And when you think about the AI components. And I've
[5:17] Speaker 4: said this here plenty of times about Google's idea really
[5:22] Speaker 4: to have data centers go out to space in terms
[5:25] Speaker 4: of an energy efficiency, in terms of cooling, in terms
[5:28] Speaker 4: of space like room that you have right here. When
[5:31] Speaker 4: we build data centers, it actually has to take a
[5:33] Speaker 4: land infinite space obviously in orbit. And they have a
[5:38] Speaker 4: ninety percent market share, like think about that space no
[5:44] Speaker 4: pun intended in the lunar economy, right, a ninety market
[5:49] Speaker 4: share in terms of who gets to go out there
[5:51] Speaker 4: and who doesn't. They're so far ahead of I don't
[5:55] Speaker 4: even know who number two red lining right right, We
[5:58] Speaker 4: can't who's if.
[6:00] Speaker 2: There's not a clear number two.
[6:01] Speaker 4: And we know that there was number one, and they're
[6:03] Speaker 4: going to be number one for a while, like I said,
[6:05] Speaker 4: with that margin of space in between whoever's next?
[6:10] Speaker 2: You take into.
[6:12] Speaker 4: Account the fact that they have the XAI and piece,
[6:15] Speaker 4: the starlight piece. This is where IPO. Yes, the evaluation
[6:20] Speaker 4: is high. Is this where it stops?
[6:22] Speaker 2: No?
[6:22] Speaker 4: No, no, this will be a company, like you said,
[6:27] Speaker 4: four point fifty to four seventy five within the next
[6:30] Speaker 4: two to three years.
[6:30] Speaker 2: I can see that happening easily.
[6:32] Speaker 4: I think what was interested in this IPO, and I
[6:35] Speaker 4: know a lot of people I put it in Eyu
[6:36] Speaker 4: University were like, hey.
[6:38] Speaker 2: We don't touch IPOs.
[6:39] Speaker 4: We don't touch IPOs, which is true based on everything
[6:42] Speaker 4: that we say, this is true. I think what was
[6:44] Speaker 4: interested with this one that I was like, let me,
[6:46] Speaker 4: this is new. I've never seen a pre IPO on
[6:48] Speaker 4: a brokerage, right, So I know a few brokerages.
[6:51] Speaker 2: Roberhood allowed you to do it.
[6:53] Speaker 4: E Trade allowed you to do it, and there was
[6:55] Speaker 4: some brokerages that didn't allow you to do it. So
[6:57] Speaker 4: I just want to I'm gonna walk you through the
[6:58] Speaker 4: process because I did end up with shares of SpaceX.
[7:01] Speaker 2: Right.
[7:01] Speaker 4: It wasn't like guaranteed, but they took you through a
[7:05] Speaker 4: process an application to even be part of that pre
[7:07] Speaker 4: market IPO. From the brokerages accounts you have to fill
[7:12] Speaker 4: out like an investor form.
[7:13] Speaker 2: You have tell them your networth.
[7:14] Speaker 4: They already can see your portfolio and so they're kind
[7:17] Speaker 4: of selecting who gets to have shares at one thirty five.
[7:21] Speaker 4: Now we know by the time the public actually gets it,
[7:23] Speaker 4: if you didn't do it pre you're gonna buy it
[7:25] Speaker 4: at the one sixties. I think it got up to
[7:27] Speaker 4: one seventy one at one point on Friday, pulled back
[7:30] Speaker 4: to one sixty nine. So the people who had the
[7:32] Speaker 4: pre ipo from the brokers, they get locked in at
[7:35] Speaker 4: one thirty five. I put it in a request in
[7:37] Speaker 4: for it. I put three hundred shares. Let's to see
[7:39] Speaker 4: if we can get them. I got eighty five. I
[7:41] Speaker 4: had a friend of mine who requested seven thousand shares
[7:45] Speaker 4: and got five hundred. I had people who put up
[7:48] Speaker 4: one hundred, requested one hundred shares at one one right,
[7:52] Speaker 4: and they got filled at one. And so the rhyme
[7:55] Speaker 4: or reason of what the allocation was we don't know,
[7:58] Speaker 4: but it was very interesting. I said, let me just
[7:59] Speaker 4: participate paid, so I can at least tell people what
[8:02] Speaker 4: this is like, because this is very new. This is
[8:03] Speaker 4: something that lat Tenev had told us about maybe a
[8:07] Speaker 4: year and a happened two years ago about what if
[8:09] Speaker 4: the average person could have access to a company before
[8:15] Speaker 4: it went public. Right, So, yes, obviously it went public Friday,
[8:19] Speaker 4: but I think the application started maybe a week and
[8:21] Speaker 4: a half in May, two weeks prior to that, with
[8:22] Speaker 4: Robberhood saying hey put your limit or they actually asks
[8:25] Speaker 4: you for your limital or what's that you would like
[8:27] Speaker 4: to pay, And so most people put one thirty five
[8:29] Speaker 4: and got filled. But now people have shares that appreciated
[8:32] Speaker 4: nineteen twenty twenty five percent in a day. Look at
[8:36] Speaker 4: it as an investment. We're not looking at how we're
[8:39] Speaker 4: going to short this or how we're.
[8:41] Speaker 2: Going to that's a disaster move right now.
[8:44] Speaker 4: The first thought I had was we always talk about this, Hey,
[8:47] Speaker 4: if you would have spent one thousand dollars on this
[8:51] Speaker 4: company ten years later, this how much it would be worth?
[8:54] Speaker 4: Ten thousand dollars with a company ten years twenty years later?
[8:57] Speaker 4: This how much would be worth?
[8:59] Speaker 2: Well?
[8:59] Speaker 4: This felt like almost an opportunity to really test that
[9:01] Speaker 4: in real time. Right, So we're gonna hold these shares
[9:04] Speaker 4: and in five ten years, let's see how much they're worth.
[9:06] Speaker 2: Right if they pull back? Great?
[9:07] Speaker 4: Do I think this is a company that's going to
[9:09] Speaker 4: be here and they're going to be a leader in
[9:11] Speaker 4: their space for sure? Will it be a part of
[9:13] Speaker 4: the dominant AI outer space lunar economy for sure?
[9:18] Speaker 2: Right?
[9:18] Speaker 4: It almost felt like when I was talking about TSM
[9:21] Speaker 4: and their market dominance, how how will everything run if
[9:25] Speaker 4: they don't do their job? So it almost feels like
[9:27] Speaker 4: space ass has that tendency with air. If they don't function,
[9:32] Speaker 4: how will the rest of that sector move.
[9:35] Speaker 2: I feel like they have that level of dominant and
[9:37] Speaker 2: two things.
[9:37] Speaker 3: Can be true for those who, let's say, are naysayers
[9:41] Speaker 3: and like, even if you look at the perspectives, they
[9:44] Speaker 3: said that the we have the largest actionable total addressable
[9:47] Speaker 3: market in human history.
[9:49] Speaker 2: Okay, everybody who comes.
[9:52] Speaker 3: In a seventy billion in space one point six trillion,
[9:54] Speaker 3: connectivity eight seventy and starlink. Even if the lunar a
[10:00] Speaker 3: economy thing is pure bullshit, price discovery is going to
[10:03] Speaker 3: be so strong, and the marketing and branding of this
[10:06] Speaker 3: has been planned for so long that the market can
[10:10] Speaker 3: be irrational for a long time and drive it to
[10:12] Speaker 3: a thousand because everyone is hunting for high gains. This
[10:16] Speaker 3: is not the intelligent investor market ben Gram formula market
[10:21] Speaker 3: anymore that market, and it probably won't reset to that
[10:26] Speaker 3: until we have some kind of economic pullback in the
[10:28] Speaker 3: stock market. So I have a couple of things that
[10:32] Speaker 3: I don't like in a perspectives, but in terms of
[10:34] Speaker 3: the value of the company, Elon is always going to
[10:37] Speaker 3: be a chime Era is the company sing with us
[10:39] Speaker 3: is going to start as one thing and it's going
[10:41] Speaker 3: to continuously evolve into something else.
[10:44] Speaker 4: There's that part where it's right before IBOs where he says,
[10:48] Speaker 4: it's not just about us going to Mars, it's about you. Yeah,
[10:51] Speaker 4: the person that's listened to this right now is we
[10:53] Speaker 4: want to put you in Mars. Are we there in
[10:55] Speaker 4: the next five to ten years.
[10:56] Speaker 2: I don't know if that happens.
[10:57] Speaker 4: But if you listen to Jensen, if you learn listen
[11:01] Speaker 4: to sunder Apai from Google, if you listen to Patella Microsoft,
[11:06] Speaker 4: if you listen to Sam Altman, if you listen to
[11:08] Speaker 4: Ammaday from Anthropic Space is coming.
[11:14] Speaker 2: It is through starlink.
[11:15] Speaker 4: We're powered through having satellites, having data centers. That is
[11:21] Speaker 4: going to happen, right and they're all preparing for it.
[11:24] Speaker 4: So if you think it's nonsense, if you're nacayer about it,
[11:27] Speaker 4: go listen to what some of those CEOs from all
[11:30] Speaker 4: those compute and infrastructure companies are saying about where this
[11:33] Speaker 4: is added. They all are pointing to that at some
[11:36] Speaker 4: point they will have data centers, they will be powered
[11:40] Speaker 4: by solar power from the Sun, and they will exist
[11:43] Speaker 4: out there and it will be more energy efficient. That
[11:45] Speaker 4: is going to happen. Whether that happens in ten years
[11:47] Speaker 4: or if it happens in five, it will happen.
[11:49] Speaker 3: And my last point shoddy real quick. The eventage that
[11:56] Speaker 3: he has is that he built the most important part
[11:58] Speaker 3: in advance, which was the connectivity part. So even if
[12:02] Speaker 3: you think the lunar economy thing is a farce, starlink
[12:06] Speaker 3: probably I've always said I think it's the greatest company
[12:09] Speaker 3: in his portfolio and probably is one of the best
[12:11] Speaker 3: communication companies there is. So even if the rest of
[12:16] Speaker 3: the lunar economy stuff isn't true, every data center on
[12:20] Speaker 3: Earth is going to have to partner with him for
[12:22] Speaker 3: the connectivity for the data centers he has it.
[12:26] Speaker 2: That's that's an addressable market.
[12:27] Speaker 5: And two three things can actually be true. And one
[12:31] Speaker 5: thing is obviously he's a tillionaire. So no matter how
[12:33] Speaker 5: you feel about Elon Musky, you know he's accomplished something
[12:36] Speaker 5: that is kind of astronomical in the realm of thinking.
[12:40] Speaker 5: The next richest person in the world is worth two
[12:42] Speaker 5: hundred million on paper Larry Ellison.
[12:49] Speaker 2: Sixty something.
[12:52] Speaker 5: And but even more impressive than that is that you know,
[12:55] Speaker 5: with this IPO four thousand employees became millionaires and even
[12:59] Speaker 5: more impress So then that is four hundred people in
[13:03] Speaker 5: the company became one hundred millionaires. Four feet yeah, four hundred.
[13:10] Speaker 5: He made four hundred people millionaires. Uh, four hundred people,
[13:14] Speaker 5: one hundred million, four thousand people millionaires. Well on one
[13:18] Speaker 5: thing about Eli also is that he's very good at selling,
[13:23] Speaker 5: selling things. Because Tesla should not be valued at the
[13:30] Speaker 5: valuation that it is now, but because of him, I mean,
[13:34] Speaker 5: just it's just it is what he's good as saying. Okay,
[13:36] Speaker 5: this is what's going to happen. The whole world is
[13:39] Speaker 5: going to be forced to drive electric vehicles. Then Johnald
[13:42] Speaker 5: Trump says electric cars is a scam. The whole world
[13:46] Speaker 5: is going to be forced to buy human robot.
[13:51] Speaker 2: Vehicle. That is the whole world in the taxi service
[13:56] Speaker 2: it's rolling out.
[13:58] Speaker 5: He's he's been working on potential for a long time.
[14:00] Speaker 5: And this this is no matter how you slice it,
[14:03] Speaker 5: still potential. Eighteen million in revenue is eighteen million in revenue,
[14:06] Speaker 5: no matter how he's saying future guidance and what potentially
[14:08] Speaker 5: could happen, and eighteen billion is still eighteen billion. Whether
[14:12] Speaker 5: it's future guidance, whether it's potential what's going to happen.
[14:15] Speaker 5: But anything could happen. Anything could happen. Elizabeth Warren could
[14:19] Speaker 5: become president and say everything is done. We're not doing
[14:21] Speaker 5: the Space, We're going to cut all of these contracts.
[14:24] Speaker 2: Anything can happen.
[14:25] Speaker 5: Most people are judged on what they're currently doing in
[14:28] Speaker 5: this moment. Elon Musk has given the benefit of the
[14:32] Speaker 5: doubt of what could potentially.
[14:34] Speaker 2: Happen in the future fifteen years. Whether that's right or wrong.
[14:37] Speaker 5: Hey, it doesn't matter if it's right or wrong or not,
[14:39] Speaker 5: because Wall Street has priced it in and doesn't look
[14:41] Speaker 5: like it's going to change. Like I said, they've already
[14:42] Speaker 5: done it with Tesla, and they're doing it now with
[14:44] Speaker 5: SpaceX SO.
[14:46] Speaker 2: But both trillion companies.
[14:48] Speaker 5: But it is what it is. Eighteen billion dollars in
[14:52] Speaker 5: revenue never equals two point two trillion dollars in the
[14:54] Speaker 5: stock market. It has never done ever, never, never, and
[15:00] Speaker 5: it will never happen again. But for Elon Musk, it did.
[15:05] Speaker 4: There's the last piece on this for me is and
[15:08] Speaker 4: I and you kind of alluded to it. The win
[15:11] Speaker 4: that is pushing this. There's some key events that have happened. Obviously,
[15:15] Speaker 4: the I p O was the first thing. Option trading
[15:18] Speaker 4: will begin tomorrow on SpaceX. Now we've talked about brokerages
[15:23] Speaker 4: and how much money they are being brought. It's not
[15:26] Speaker 4: from people buying shares if you ask Charles Schwab, if
[15:30] Speaker 4: you ask advisors from Robinhood or e Trade, it's the
[15:34] Speaker 4: option trading that's going to start this week. At the
[15:38] Speaker 4: end of next week they'll have double leverage ets with
[15:42] Speaker 4: spaces Ye okay, right.
[15:46] Speaker 2: It's going to be added.
[15:48] Speaker 4: It's going to be added to the NASTAC one hundred
[15:51] Speaker 4: right in three months, it potentially could be added to
[15:53] Speaker 4: the S and P.
[15:54] Speaker 2: Like that is all the win that is about to
[15:57] Speaker 2: push this stock.
[15:58] Speaker 3: And you can say it's not, which you can agree,
[16:03] Speaker 3: but also to the pipeline from angel to venture, to
[16:09] Speaker 3: the selection of bank, to this inclusion.
[16:14] Speaker 2: Nefarious or not.
[16:16] Speaker 3: He has found talking about building the moat, he has
[16:20] Speaker 3: found a way for like you said, Rashad is less
[16:23] Speaker 3: than the ratio revenue earned versus valuation, but he's found
[16:29] Speaker 3: a mote to almost make this thing become a reality
[16:34] Speaker 3: regardless of price discovery.
[16:37] Speaker 2: Yeah, like the PE ratio also highest in history.
[16:42] Speaker 5: Part of part of being a salesman is not selling
[16:45] Speaker 5: a product that you have. Okay, I hate to bring
[16:49] Speaker 5: religion into this, but the biggest sale of all time
[16:53] Speaker 5: is religion. Because you're no, I'm not saying that it's
[16:56] Speaker 5: a bad your people are.
[17:01] Speaker 2: People are making.
[17:02] Speaker 5: People are dedicating their life based off of future results
[17:08] Speaker 5: that are not technically proven in this moment right heaven.
[17:14] Speaker 5: And that's any religion, any religion, the ultimate goal is
[17:18] Speaker 5: to do enough good on earth so that you can
[17:20] Speaker 5: reap the rewards later on in heaven.
[17:23] Speaker 2: Right so elon musk.
[17:27] Speaker 5: Any good salesman, A good salesman can sell you what
[17:30] Speaker 5: he has here. I have a bottle of water that's
[17:34] Speaker 5: going to quench your thirst. Set values worth two dollars.
[17:38] Speaker 5: That's a good salesman. A great salesman will sell you
[17:43] Speaker 5: what you don't even see. Well, technically you might not
[17:46] Speaker 5: even even need in the moment, but you're willing to
[17:52] Speaker 5: pay an absorbit amount for it because it's sold to
[17:57] Speaker 5: you for the benefit you know, but this is worth
[18:01] Speaker 5: in the moment. I don't know what a unlimited amount
[18:05] Speaker 5: of water will be worth. Ten years from now. There
[18:08] Speaker 5: could be a drought, there could be no more water
[18:10] Speaker 5: on earth. What would you pay, what would you pay
[18:12] Speaker 5: for what would you pay for unlimited amount of water?
[18:15] Speaker 5: If you know that there would be no water in
[18:16] Speaker 5: ten years, you would pay everything. You can't live without that, right, So,
[18:21] Speaker 5: like I said, that's that's the key in business. Elon
[18:23] Speaker 5: Musk is a great salesman because he's selling things that
[18:27] Speaker 5: you don't even have right in present.
[18:30] Speaker 4: And like I said, the last thing you made me
[18:33] Speaker 4: think of it just now the eighteen billion. We'll see
[18:38] Speaker 4: what the number really is because there's a bunch of
[18:40] Speaker 4: people saying that's completely inaccurate. The number is close to
[18:45] Speaker 4: one hundred billion. But we'll see because now that they're
[18:47] Speaker 4: a publicly traded company.
[18:49] Speaker 2: Ninety days, we'll see what those first quarter.
[18:53] Speaker 4: Yeah, we can't just say estimate in ninety days, so
[18:56] Speaker 4: from June twelfth, that would give us till September, maybe
[18:58] Speaker 4: late September earlier. Over SpaceX will be reporting and we'll
[19:02] Speaker 4: be watching very very much.
[19:04] Speaker 5: Even if it was even if it was two hundred billion,
[19:06] Speaker 5: it was still it would still be Now we don't
[19:08] Speaker 5: have we don't have to guess, it would still be
[19:10] Speaker 5: a tremendously unproportional based off the historical data of what
[19:13] Speaker 5: currently has happened for any company to be worth two
[19:16] Speaker 5: trillion dollars. With two hundred billion dollars.
[19:19] Speaker 4: This is the first company that's ever ipold at these
[19:22] Speaker 4: type and nuther for sure.
[19:23] Speaker 3: And we saw when Kathy was the biggest advocate for
[19:28] Speaker 3: the crazy part. People watch that playbook. Tore her career down.
[19:32] Speaker 3: And it's a bunch of investors who are going to
[19:34] Speaker 3: raise the price of space X regardless evaluation. Let's say
[19:38] Speaker 3: the number is two hundred, They're going to say they
[19:42] Speaker 3: estimated it was eighteen. We're a two hundred billion. Look
[19:44] Speaker 3: where we'd be in five years. They did the same
[19:47] Speaker 3: thing with Tesla. It goes to your point of the marketing.
[19:51] Speaker 3: I'm gonna tell you eighteen eighteen the whole time we
[19:53] Speaker 3: make it two hundred. Look how much further I had
[19:56] Speaker 3: we are then we said you thought we were.
[19:58] Speaker 5: The Only thing about that is that even a great scammer,
[20:07] Speaker 5: I'm not calling him a scammer, but I'm saying, even
[20:10] Speaker 5: even a great one. The gig, the gig turns up eventually.
[20:14] Speaker 5: At one Bernie Bernie Madoff had a great run, but
[20:17] Speaker 5: eventually the gig was up. So it's only so long
[20:20] Speaker 5: that you could that you.
[20:21] Speaker 2: Can at the levels that does it, Like, yeah, it's.
[20:26] Speaker 5: It's only so long before you actually got to produce something.
[20:31] Speaker 2: Well, you can't. You can't run off of this, true.
[20:33] Speaker 2: You can't run off for a future valuation forever

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