Corrie Driebusch

speaker
254 appearances 4 recordings 2 series first heard Apr 2026 last heard 13 Aug

Corrie Driebusch’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Jun 2026 with 2.

Appearances

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I've heard from talking to sources, the goal was to eliminate drama in the process.
It's a pretty crazy decision.
We have seen it before with some past offerings, but it's definitely extremely unusual.
It does seem to speak to how SpaceX is approaching this process of, look –
We're going to appeal to indexes to let us in early.
We're going to just tell you the price.
It speaks to a very unconventional path that is being taken.
Because really, when you think about it, an IPO is typically the first chance where all types of investors are able to speak up and give their opinions about how much they want to pay.
It's really the first price discovery for investors.
a private company.
We did see about three weeks ago when SpaceX made its regulatory filing public, we did see what it earned in revenue in 2025, and that was nearly $19 billion.
But now with this price point of $135 a share, folks can start to calculate price to sales.
And when you look at those numbers, you can see that SpaceX is
trying to be priced at about 93.6 times its sales.
SpaceX was unprofitable in 2025.
It lost almost $5 billion.
Most of the money that it makes is from subscriptions to its Starlink satellite internet service and its rocket launches.
It also has some revenues through its acquisition of XAS.
When companies are going public, they often like to advertise what their TAM or total addressable market is.
And that is a shorthand for what they see as their opportunities for future revenues.
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