Dan Caplinger

consumer is doing okay in aggregate.

We've talked about that.

The consumer, that's a tough thing to read.

Jobs number is strong.

If I had to guess, I do think there's enough headwinds that we will end up in at least a mild recession in 2026.

As all of this ripples in, as remember, we still have the tariffs rippling in.

There's just so much going on.

I don't know if I'm worried about a terrible recession.

It's not a given.

It's never a given.

Yeah, I'm worried, if nothing else.

It's funny, though, because we've been saying this for so long.

There have been so many of these factors that have been like, oh, well, the consumer's got to give up now.

Consumer sentiment is terrible right now.

Nobody's certain about what's going on, and yet the economy just keeps plugging along.

I agree with you 100%, Lou, but I have agreed in the past with that sentiment, and that sentiment has just been 100% wrong in the past, in the recent past.

Well, see, I can't because the part that's confidential is all of the numbers, which is what we'd like to talk about.

But look, let's talk about what's going on here because there's a lot of market dynamics going on here.

Nothing illegal, nothing unfounded, but this is just how it works.

SpaceX, as we all know, has a huge number of shares outstanding.