Peter Beck

speaker

469 appearances 2 recordings 2 series first heard Nov 2025 last heard 7 Jun

Peter Beck’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 1.

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Prof G Markets · The Space Boom Is Just Beginning · 7 Jun 2026 podcast

So, you know, the Coastal Ventures guys knew the pain of launch because they had to buy an old ICBM out of Russia and, you know, it was very, very painful to launch.

And, you know, it's funny, though, because I look at today and then I look back then and, you know, our Series A round was $5 million.

And that was considered, you know, a lot of money back then for a rocket company.

And then, you know, I saw a rocket company just the other day.

raise $200 million on a $2.2 billion valuation and they built nothing.

And it's like, wow, this is how times have changed.

But anyway, so we raised that Series A and I've always run a company and I'm pretty straightforward and just do what you say you're going to do and everything's fine.

And we did that and we were able to quickly raise a B round and a C round and

And, you know, before you knew it, we had a rocket on the pad and, you know, we're in orbit and flying customers and away we went.

Yeah, well, I think it's a little bit mean to say that space businesses aren't really profitable.

I mean, I think you can look back through history and ensure that there's been plenty of bankruptcies as well.

But there's also been plenty of profitability in a number of space businesses to address the valuation kind of element.

And look, I completely agree.

There's some valuations that are completely untethered to reality.

But I think with respect to us,

Right now, there are two companies on this planet that have successfully scaled launch to any level of frequency and reliability.

And, you know, that's SpaceX and us.

So, you know, access to orbit on a regular and reliable basis

is rare it's like extremely extremely rare so um you know it's it's and you know when i started rocket lab and and uh you know when i started developing the electron class vehicle at one point we were tracking 142 companies uh trying to do exactly the same thing 142 companies

And where are the 142 companies?

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