Rob Armstrong
👤 Speaker
1389
total appearances
Appearances Over Time
Podcast Appearances
Unhedged
SpaceX nears lift-off
I think that is what killed the dinosaurs in the end is lack of data centers.
Unhedged
SpaceX nears lift-off
Anyway, there's so much about this, but the offering document.
Unhedged
SpaceX nears lift-off
how the market is preparing for these massive IPOs.
Unhedged
SpaceX nears lift-off
How that cashes out is, well, they have a space business, which we all know about.
Unhedged
SpaceX nears lift-off
billion of revenue doing that and a small loss.
Unhedged
SpaceX nears lift-off
So the costs were 4.7, revenue for loss somewhere around $700 million.
Unhedged
SpaceX nears lift-off
So one thing you're buying when you buy this at a valuation of one and three quarters trillion American dollars is a loss-making space business.
Unhedged
SpaceX nears lift-off
That is not growing wildly fast, by the way.
Unhedged
SpaceX nears lift-off
The revenue in that business in 2025 grew at under 10%.
Unhedged
SpaceX nears lift-off
This is a real business and a very good business.