Ryan Mac
đ€ SpeakerAppearances Over Time
Podcast Appearances
It's going to put data centers into space.
It's going to build factories on the moon.
It's going to land people on Mars.
And essentially what investors are betting on is not the current fundamentals of the company, but you're betting on the future.
And that's where I think the evaluation of this company as like a traditional stock goes out the window.
You know, you're not doing your traditional analyses of shares or financials here.
A lot of this is simply hype.
And I say that looking at a number that the company put out in their own document that
something called total addressable market.
This is the market that the company projects it will be able to attain in the future.
And it estimated in its own financial documents that its total addressable market
is the largest ever in human history, and that it estimates it to be $28.5 trillion.
Put that number in a context.
I don't know if I can.
I mean, it's so massive.
It's close to the US GDP, I believe.
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.