Jason Calacanis
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Appearances Over Time
Podcast Appearances
Move on.
Thanks, Kevin.
It's better.
Thank you.
It's better.
Thank you.
I'll give him better, but I do think that he's pumping them up here.
Okay, let's keep going here.
All right, topic two, SpaceX just filed their S1 on Wednesday.
They are aiming to raise 75 billion at a 1.75 trillion with a T valuation.
This would be the largest IPO ever by more than double Saudi's Ramco, $29 billion IPO a couple of years ago.
Listing is expected mid-June, likely June 12th.
Ticker will be SPCX.
We got a lot of interesting information in the S1 teardown.
Obviously, SpaceX has three main business units.
Starlink is the money printer right now, but there is a second one that's emerging.
Starlink did $11.4 billion in revenue last year on 50% growth.
with 4.4 billion in operating income.
Over 10 million people are now subscribing to Starlink.
That business could easily be hundreds of millions of paying subscribers.