Cori Driebusch
👤 SpeakerAppearances Over Time
Podcast Appearances
You think about how much money all these companies are going to be raising.
Bankers have told us there is a first mover advantage, that if you're out first, you kind of get the first pick of all of the cash out there.
Obviously, past performance does not guarantee future results, but SpaceX has done regular tender offers, which means it allows insiders and employees to sell their stakes.
So there is a price that goes up significantly, and yet they seem to always be fulfilled.
So it suggests that there's a lot of demand.
On the other hand, SpaceX, not many people see their full financial results.
And I think a lot of these investors also are going to be very curious what's going on under the hood.
So there's always a chance that when the formal paperwork that they're going to file with the SEC becomes public,
that we could learn something surprising.