Carmi Levy
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so essentially what it means is it would give SpaceX the capital that it needs to fuel the next chapter in its growth.
So they've got to figure out Starship because basically they've been test launching it for years and they haven't really gotten that much closer to
making it an operational safe for human vehicle.
So they need a lot of money to get to that point.
They need a lot of money to build a base on the moon because Elon Musk has said he wants to do that as well.
He wants to go to Mars, obviously.
That's also going to take huge amounts of money.
Hundreds and hundreds of Starship flights.
Those don't come cheap.
And then he also wants to put a million satellites into orbit for an AI data center.
Instead of building data centers on the Earth, he'll put a million of them into orbit.
I don't even want to ask how much that'll cost, but you don't do that with kind of the current level of finances.
You've got to go public and you've got to bring in huge amounts of capital.
to sort of fuel that.
That's what this is all about.
The scary thing, though, is SpaceX is already putting up something like 80% of all the mass to low Earth orbit.
They are a monopoly at this point.
And so this will make them even more of a monopoly.
How does everyone else keep up?
How do you ensure that access to space isn't controlled by one guy with a social media problem?