Anthony McDonald

Oh, I can't wait, Anthony.

All right.

Good question, James.

I mean, first off, hats off to SpaceX.

I mean, no one's regretting buying the IPO, right?

That's the first test.

Can it keep it up?

There's a lot of hot money and a lot of short-term factors that went into buying the stock at the IPO, I think, and SpaceX couldn't have asked for much of a better backdrop.

to do the float you know the market it's been very much risk on you know right in the thick of the action donald trump's got his claws all over wall street and everyone's just want to buy risk right like so nasdaq's up 25 since the end of march right and then you drop this thing in there so the backdrop's absolutely been perfect

As we said before, you can't justify what's now a US $185 share price or the $2.4 trillion valuation by conventional means.

You really got to think five years out and so much can happen in that time.

I mean, the bull case, James, it's all about the rockets, all right?

The more that SpaceX fully reusable Starship rocket, something it's working on still, can launch daily relatively cheaply, get more of the stuff into space.

I mean, that can bring the other stuff in.

in.

But James, there is a big meme stock element to it.

I mean, we see that just in Australia's involvement.

ComSec confirmed this week it had nearly 30,000 different customers bid for shares in the IPO.

That's more than four times any IPO it's ever done in Australia.

Yeah, it's great.