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Berber Jin

👤 Speaker
150 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

Yes.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

Not a lot of companies crossed the $1 trillion mark.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

That's a great question.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

First of all, there hasn't ever really been a company that looks like the way the new SpaceX will look like.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

Elon Musk essentially merged an AI research company that builds what Elon calls a truth-seeking AI chatbot

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

with a space company that sends rockets into space and has satellites that build global internet connectivity.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

So on the face of it, there isn't that much that ties the two companies together.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

This is very much an Elon Musk thing, but he has a very loyal shareholder base that has a lot of faith in him.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

He says he has famously never lost any of his investors any money, and he takes that pledge really seriously.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

This was actually a really Elon blog post.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

There are emojis in it and jokes that are very Musk-coded.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

See, he talks about why it makes a lot of sense to put data centers in space.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

He says, the only logical solution is to transport these resource intensive efforts to a location with vast power and space.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

I mean, space is called space for a reason.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

Laughing emoji.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

In space, there's a very big source of power, that is the sun, and you need rockets to launch satellites operating those data centers into space.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

And if that is the case, SpaceX is the world's largest rocket launching company, and so therefore it stands to benefit a lot.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

That's the idea.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

And it is fraught with a lot of engineering challenges.

The Journal.
Elon Musk’s $1.25 Trillion Megamerger

Like I think if you talk to anyone, even the most optimistic investors and CEOs who are dreaming of this, they acknowledge that it'll take a few years.

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