Jason

SpaceX recently acquired X.AI for $250 billion.

That includes X and Twitter and the XAI, Large Language Model AI company, Starlink, generating between 50% and 80% of SpaceX's revenue.

We'll have all those details shortly.

And it'll be close to $20 billion a year, according to reports.

Launch of rockets is the other 40% of the business, $5 billion in 2024, according to reports.

Total revenue, $20.25, $15 to $16 billion, with $8 billion in profit, according to Reuters.

So let's stop there, and we're going to talk about all the other IPOs that could be coming.

I think people really want to know, and you may have mentioned this on an earlier episode, what are the chances that Tesla, if this IPO goes well, that Tesla and SpaceX could wind up being the same company we saw there collaborating on a fab?

100% is what you're putting it on?

Okay.

What will that mean if those two companies or when those two companies merge?

And it speaks to the singularity that's going on right now.

You know, you had a car company, you had a space company.

Okay, that was a pretty, how do those two things overlap?

And it's like AI, data centers in space, where do you get chips from?

And then actually going to raw materials inside of one factory,

Going out the other and having discussed it with Elon many times, what he learned, you know, at Tesla or SpaceX about advanced materials informed different products at the different companies.

And now you just, you'll have all of that in one place.

And then you think about the brain trust that he built at those two companies, plus Boring Company, plus Neuralink.

if they're all in there, all this cross-disciplinary learning is going to compound and compound and compound.