Ed Elson

There's some prize that's going to be so great that will warrant these unbelievable valuations that we are seeing.

What is that prize and what would this business look like, say, 10 or 20 years down the line?

Just to go back to the profitability point, and just so we're clear, I mean, I am a huge fan of space.

I read about science fiction all the time.

I'm so excited about it.

I want these companies to build these rockets, and I want us to go to Mars, and I want us to explore space.

I'm like, pro.

So I didn't mean for it to sound mean on the profitability point.

No, not at all.

My understanding, which I'd like to understand more about, is that so far...

It is a business that doesn't make money so far.

So I guess I'd love some clarity on that.

Space is a geopolitical phenomenon.

topic in a lot of ways.

And I mean, this is how space really ramped up.

It became a fight or a race between the U.S.

and the Soviet Union.

I'd be interested to hear your thoughts on the extent to which that is still a dynamic in the space industry.

I mean, now it seems to be kind of like a race against China.

China is, of course, ramping up their space program.