Josh Brown
π€ SpeakerAppearances Over Time
Podcast Appearances
It works out perfectly.
Let's get into SpaceX.
You have been writing a lot and speaking a lot about the topic.
And you've got a lot of experience in the investment banking world.
And you have thought a lot about the sheer size of the, let's call it the opportunity.
The basic argument, I'm going to quote you to you and then have you react.
The basic argument that you're making here is that a lot of people already own this stock.
All of the people who are going to be speaking positively about it
not only are they extremely long, but they're long from pennies.
They own this thing, I don't know, from seven years ago, nine years ago, 10 years ago.
Yeah, people with a cost basis that it's almost, they almost own the stock for free.
And that's a very important point.
This is not as though venture capitalists
or Wall Street players participated in like a series D round two weeks ago at roughly an equivalent valuation.
We're talking about people who are up huge.
This is your actual quote.
You are currently being submitted to a continuous barrage of propaganda.
You must tune out CNBC, Bubble Vision, Rockets, Mars, wow.
SpaceX has also co-opted the entirety of Wall Street.
The assembled syndicate is probably looking at a fee pool of $850 million.