Sam Unstead

speaker

276 appearances 2 recordings 1 series first heard May 2026 last heard 5 Jun

Sam Unstead’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 — 2 in all, peaking in Jun 2026 with 1.

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Merryn Talks Money · SpaceX Fever, Bitcoin's Bad Week and How to Get the UK Investing · 5 Jun 2026 podcast

Yeah.

Yeah, I think that's right.

We know what they want to raise, which is $75 billion.

Yeah.

So the biggest IPO ever.

Yeah.

there there is so much writing going on about spacex right now because this is an it is an enormous story it's an it's sort of a both incredible and incredibly weird company you know they they do uh chat bots they do rockets they do satellites they want to put data centers um yeah effectively yeah yeah um they want to have data centers orbiting the earth and

I mean, building a data centre on Earth is quite hard, so then getting it up into space is going to be difficult too.

But enormous potential addressable market, all these kind of huge numbers being thrown around.

Also, though, a huge amount of it is going to retail investors being offered, potentially up to a third of it to retail investors.

That is an enormous amount of money, getting on for nearly, what, close to $25 billion going to retail investors.

Yeah.

So it's going to be a huge test of the momentum in markets.

Yeah, well, it may actually be a bit more complicated than that once we get around to it, because we are talking about an enormous amount of extra capital going into the market.

And so, you know, the S&P or the Nasdaq 100, you know, in the US may have to sort of really rethink the whole way that it's weighted, not just because of SpaceX, but you just mentioned OpenAI, Anthropic.

Between those three companies, you're talking $3.5, $4 trillion worth of company.

That's a lot.

It's more than the entire size of the FTSE 100.

It isn't everything these days.

But it's not just a test really of investors and their appetite to keep buying these kind of things.

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