Jared Isaacman

But you know what we do then?

We set our sights on Mars.

And we do things that industry is not capable of doing, like building nuclear power and propulsion spaceships, which is actually a component of President Trump's national space policy.

I don't think even with all the resources in the world, Blue Origin or SpaceX or any of the others is going to be in a rush to launch a nuclear reactor into space.

You know who does that?

NASA does that.

And when we do that, we actually help industry make it possible to undertake a mission to Mars and explore the outer solar system.

I would just say in terms of what is a space or an orbital economy, it has been like grossly overstated.

So we have created a economy here on Earth that manufactures and builds things that we launch into space.

But in terms of actually extracting more value out of the unique environment of microgravity than we put into it, we have not developed anything in 60 years other than launch observation and communications.

And those are largely funded by government customers.

Now, over time, it's expanded.

So, you know, companies that are doing earth observation almost as a service for whether it's environmental, agriculture, or intelligence, DOW purposes, they have customers now all around the world.

That's good.

That's winning.

Launch is obviously the healthiest with demand from everywhere that it's ever been in the history of the program.

And comms,

That's a huge success story with Starlink.

That might be the only example of like a true profitable program that takes advantage of the unique environment of space that consumers are paying for and creating value in excess of what it costs to do it.

Amazing success story.