Dan Caplinger

I'm going to take the under on the databases in space, at least for the foreseeable future.

A lot of the exotic things, but there are a lot of ways that companies can benefit from the data you can get from space, the incremental positives.

The government, militaries are increasingly interested there.

There's a lot of revenue potential there.

Just like every other market excitement, there are winners and losers here.

Not everyone is going to make it.

Valuations are all over the place, but they're mostly high.

It's the Wild West, it's early days, just like all of these markets go.

But there is a real path towards revenue growth on both the global government and commercial side.

That is what SpaceX, as a leader here, and give them credit, they are a leader here,

That's what they're leaning into with the IPO.

Yeah, and kind of the negative version of the conglomerate.

I mean, space stocks are hot, but boy, social media is kind of taking it on the chin lately.

And so putting Twitter in with SpaceX seems like the negative side of putting things together in a conglomerate.

At the same time, you also have XAI, which I think that there's probably some investors who would have preferred that the AI side be a pure play and be divorced from the space stuff because they share loose confusion about, well, what is the space economy?

What is SpaceX really focused on?

If you mix those two in, it's like, well, AI is not just a space data center play, AI is much more than that.

The combination here,

I'm not sure what Musk gets out of it.

It seems to complicate things, but like Lou said, we have to wait for the paperwork before we actually know what this thing is going to look like for investors.