Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Aidan Donnelly

👤 Speaker
475 total appearances

Appearances Over Time

Podcast Appearances

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

I would kind of argue, well, of course he does.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

They won't have the same investment discipline that I have.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

They'll just chase the cheerleader, right?

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

So I think ultimately people need to bear that in mind, right?

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

And as I said, I've no idea what way this is going to go.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

If it could go, it could bounce massively on the first day, it could bounce a little bit on the last day, and in three months' time, be gone.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

The one thing you've got to remember is in six months, there's a lock-up period comes off.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

So people who are involved in it...

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

who were involved in a pre-IPO, after six months can start selling their stock, right?

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

And they'll want to get out of that investment over time.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

Particularly, you know, they've obviously sat in it for a long time and they'll want to realise their investment.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

And they'll be able to start dripping stock out into the market.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

But it's... The problem you have is the valuation that's at and the valuation that it's going to come at, to a large extent, is price for perfection.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

You've got to believe the stars align.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

Yeah.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

And who knows?

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

Maybe he will, but it might be 20 years down the line, right?

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

That all of this comes to fruition.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

And, you know, if 20 years is your investment time horizon, great.

Inside Business with Ciaran Hancock
‘No profit and crap governance’ – is Elon Musk’s SpaceX actually worth $1.75 trillion?

But, you know, that may well be.