Ryan Mac
đ€ SpeakerAppearances Over Time
Podcast Appearances
You can mine the silicon on the moon, refine it, and create the solar panels, the solar cells and the radiators.
I'm talking about landing humans on the moon and building factories to do mining.
Ultimately, he's talked about making humans multi-planetary, getting them to Mars and making us a species that exists on more than one planet.
Yes, very modest goals.
Yeah, I'm sure that Elon is not necessarily going under his couch cushions and scrounging for change here.
We are talking about huge, vast sums of money that don't come around very often.
Bear in mind as well that we have these other companies also trying to raise money.
I'm talking about OpenAI, Anthropic as well.
that are looking to go public and raise also tens of billions of dollars.
And so there's kind of this element of who can get out fastest and, you know, raise money from the investor because there's only so much money out there to raise.
He will.
He will.
And it's now a question of convincing the investors that SpaceX, which has now a large AI component to it, is indeed a better bet than, let's say, Anthropic or OpenAI.
So these mom and pop investors, something the industry likes to call retail investors, get an opportunity to invest here through their brokerage accounts like Charles Schwab or Robinhood.
Typically, you get 5% to 10% of shares in an IPO reserve for retail.
There's discussion now of about 30% being allotted to retail.
I think it's just the sheer size of this thing.
It's going to need investors beyond your traditional banks and funds that typically put their money into IPOs.
And it's also going to need a hefty base of investors to continue believing in this company and holding its shares.
And so Elon Musk over the years has been pretty brilliant in his strategy of courting the everyday person.