Kevin Roos
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the consequences are really important and we're going to get into them.
But before we do that, truly, there has never been a better or more important time to do our disclosures.
Yeah.
So, you know, as you noted, Kevin, SpaceX is just the furthest along right now.
They seem like they're getting very close to the finish line and they just have some staggeringly ambitious plans.
They plan to sell their shares at $135 a piece, which would raise $75 billion.
That would make it the largest IPO of all time.
It would also value the company at between $1.75 and $2 trillion, which would sort of instantly make it among the very biggest companies in the world.
Yeah, remind us what is actually in SpaceX.
Is Hobby Lobby part of it as well?
I mean, look, there are two great businesses in here, right?
One is a reusable rocket business that delivers satellite into space.
It's very hard to build that kind of company, right?
So like SpaceX just has an incredible moat.
There aren't that many competitors to it.
We saw Blue Origin, one of its biggest competitors, lose a rocket on the launch pad, you know, just in over the past week or so.
So that is what makes that an incredible business.
And then Starlink is just on fire, right?
Like they're using their ability to deliver satellites into space to also create a really powerful global internet access system that is just growing like wildfire.
So there are two amazing businesses in there.