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.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.

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The Daily · How Elon Musk Engineered the World’s Biggest I.P.O. · 2 Jun 2026 podcast

It was founded in 2002, and it's raised a lot of money already on the private markets from venture capitalists, from private equity funds.

So as a company, you kind of get one shot to do this in your lifetime, to raise money on the public market for the first time.

And so Elon Musk sees this as his opportunity to do that and to raise these tens of billions of dollars to fund a lot of the goals that SpaceX has for the next 10, 20, 30 years.

LAUGHTER

I'm talking about visions to launch data centers into space for AI.

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.

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.

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