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Ryan Mac

đŸ‘€ Speaker
324 total appearances

Appearances Over Time

Podcast Appearances

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

It's going to put data centers into space.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

It's going to build factories on the moon.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

It's going to land people on Mars.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

And essentially what investors are betting on is not the current fundamentals of the company, but you're betting on the future.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

And that's where I think the evaluation of this company as like a traditional stock goes out the window.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

You know, you're not doing your traditional analyses of shares or financials here.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

A lot of this is simply hype.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

And I say that looking at a number that the company put out in their own document that

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

something called total addressable market.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

This is the market that the company projects it will be able to attain in the future.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

And it estimated in its own financial documents that its total addressable market

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

is the largest ever in human history, and that it estimates it to be $28.5 trillion.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

Wow.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

Put that number in a context.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

I don't know if I can.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

I mean, it's so massive.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

It's close to the US GDP, I believe.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

Wow.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

And the company is telling investors that if you invest in us, we may become a company that controls a market that is $28.5 trillion.

The Daily
How Elon Musk Engineered the World’s Biggest I.P.O.

Wow.