Michael Thompson

Or is it just like almost a kind of an historic kind of thing that they just want to say they were there when SpaceX achieved liftoff on Wall Street?

Michael, I have no idea.

Yeah, that was snatching it out of the sky, just grabbing it.

Yeah, it was extraordinary.

That really is.

The thing is, though, it's not just Australians, clearly, that want to buy into SpaceX.

This has kind of ignited interest all over the place.

Bloomberg is reporting that the IPO has attracted demand for more than four times the available shares.

The company is offering 556 or 555.6 shares.

million shares at a fixed price of US$135 each, which would raise about US$75 billion and value the company at about US$1.8 trillion.

It's a minnow.

Yeah, indeed.

Now, to more pressing concerns, I would say for Australia.

We're going to be buying jet fuel and fertiliser from China, Sean, as the war in the Middle East continues with conflict really flaring up again and escalating in recent days.

The PM said that he has engaged with the Chinese ambassador and agreed to buy the products.

China had curtailed fuel exports at the beginning of the crisis.

The goal there was just quite simply to preserve domestic supply, but has resumed discussions on exporting to Australia.

That

took place back in late April.

We're now in this position of being able to actually sign some agreements and buy fuel and fertiliser.