Ryan Mac

speaker
469 appearances 3 recordings 3 series first heard Mar 2026 last heard 19 Jun

Ryan Mac’s voice in public audio — every appearance, attributed to the second.

Trend

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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Its stock went down shortly thereafter.
Of course, it's gone up many times over since that time.
But in those first early days of trading, there were a lot of questions.
If SpaceX doesn't hit its milestones or some of these very pie-in-the-sky goals that Elon Musk has set out for the company...
you may have a lot of investors asking, why was this allowed?
Why am I holding this stock?
Why was it in these indexes to begin with?
Right.
When you think about that, you have to think about what kind of business is essentially holding up those valuations.
With an IPO, every company has to file what's called an S-1 to disclose their financial health and their projections for the future.
And so I've been covering Elon Musk for many years now.
This is the first time I've been able to see the full picture of what's going on at SpaceX.
And after spending a couple of days with this document, which is 277 pages, I and many others just have a lot of questions as to whether or not the business that we're seeing here, the numbers that it's putting up, can justify these trillion dollar valuations that people will be investing in.
We'll be right back.
I think the answer to that is that it's quite complicated.
There are some positives about this business, and there are a lot of question marks or negatives about this business as well.
Sure.
So let's start with the crown jewel of the company, which right now appears to be Starlink.
This is the company's satellite internet service.
The company has launched these satellites that circle the earth and the satellites beam down internet service to people on the ground.
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