Ryan Mac
đ€ SpeakerAppearances Over Time
Podcast Appearances
You're kind of with Elon, up or down.
I mean, that should be the top line risk for anyone thinking of investing in any of his companies, that Elon Musk is a singular figure, good or bad.
And I think that is something I think about a lot.
This individual who has that much power, that much wealth, who is essentially unaccountable here.
And he's unaccountable because of that wealth.
And so when you think about this SpaceX IPO and the potential for what it can do
Right.
Yeah, there's really no way off the rocket ship.
And I think there's an argument to be made that this IPO could go well.
It could make a lot of money for folks.
And in the short term, it could sustain on this hype alone.
But in the long term, this is now going to be a public company.
It's going to have financial results it's going to disclose.
It's going to have quarterly earnings calls with investors.
And it's going to need to show progress towards these very lofty goals that people have already invested in.
Whether that's putting data centers into space or getting people to Mars.
And if the company and Elon Musk doesn't show that progress, investors may start to get antsy.
And while he is largely unaccountable, investors do have one main way to show their displeasure, which is to sell the stock.
And if that's the case, you know, there'll be potentially a reckoning for SpaceX and for Elon Musk.
And this rocket ship that SpaceX has taken off on, that we're all aboard, could come crashing back down to Earth.