Casey Noon

We're going to do Hobby Lobby in space.

So...

This giant conglomerate is being sort of positioned in the market as a way for people to invest in AI.

Obviously, they do have an AI company inside of SpaceX, but I would say investors are also, I would say, more excited about the space part of it, which is the most developed, and they make stuff that people actually use.

Yeah.

Sometimes you just got to take the good with the bad.

And especially when they're all packaged in the same stock ticker.

Well, and what's interesting about that is that one of those companies XAI appears to be pivoting.

So they are now renting out compute, uh, that they originally built for themselves to Anthropic.

Yes.

Another one of these companies that's going to IPO this year.

So, uh, they are positioning themselves as something like a space company with a kind of AI Neo cloud business attached to it and a social network that is going to become the everything app, uh,

All of it is a little mysterious, but basically this is the long-awaited time when all of Elon Musk's sort of Voltron-like companies are going to sort of take a stab at going public together.

So that is the SpaceX IPO.

Now let's talk about Anthropic.

They have filed their confidential S-1.

They are also expected to go public at something over a trillion dollars.

That is not what?

Yes, I mean, this one's just wild to me.

Like, I was thinking the other day,