Leo Kelion

speaker
268 appearances 3 recordings 1 series first heard Jun 2026 last heard 4 Aug

Leo Kelion’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.

Appearances

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And you've talked about the fact that we have met with the management many times over the years.
But one of the things we have to think about is the fact that Elon Musk still has 85% or so of the voting rights in the company, even after the IPO.
And that limits how much influence we or other shareholders or indeed the company's own board can have on it.
To some, that's a red flag.
I just wonder how you think about it.
And what do you mean defensible cap table?
So Luke, I want to put the spotlight on you now.
These days, you're a full-time member of Bailey Gifford's private companies team, in addition to continuing your duties as an investment trust manager.
Can you tell us a little bit about how you've taken lessons from SpaceX and applied them and continue to apply them when you look for companies in the private sector?
And I know we discussed this stepping stone concept in the last podcast when you talked about investing in companies involved in nuclear fusion and quantum computing.
But bring us up to date where I'll see you now applying the framework.
And you say better form factor.
What does this actually look like?
And the homes themselves, are they better?
Are they aesthetically pleasing?
So that's one to watch.
I'll be fascinated to see what happens with that potential investment.
Luke, I always like to finish the podcast the same way by asking my guests what book they're reading or have recently finished to get an insight into their wider influences.
So what's made it onto your reading list?
Okay, we'll put a link to that in the show notes for anyone else who wants to learn more about how the robots work.
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