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Sean Aylmer

πŸ‘€ Speaker
7548 total appearances
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Appearances Over Time

Podcast Appearances

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

It's due to start trading at about 11.30pm tonight, Eastern Time here in Australia.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Honesty, good policy.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Let's think about it.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

The fact that a bunch of Aussie brokers said there was lots of interest, their individual parcels were small, suggests it might be a bit of the latter, where you just wanted to be there when it happened.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

I was trying to get my head around this.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Do you remember we spoke to Cameron Gleeson from BetaShares a little while ago?

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Yes.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

And he was the one that really explained to me that SpaceX has the ability to launch satellites and stuff into space at a cost of about $3,000 a kilogram.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

A few years back, it was $12,000.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

He said in the future that could get down to $200 a kilo.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

This is all US dollars.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Yeah.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

So when you can suddenly throw stuff into space at that rate, at that cost...

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Not only does it win you business from satellite companies putting things into space, not only does it win you business from sovereigns, countries, to undertaking security missions, it also creates whole new use cases.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

And that might be, for instance, data centers in space.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Also, SpaceX needs to get its Starship, that's the name of its heavy launch rocket system, into a state of rapid usability.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

Cameron Gleeson was talking about how they're getting there on that.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

And we've had, in the last 12 months, some great pictures.

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

It was SpaceX, wasn't it?

FEAR & GREED | Business News
SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off

It was capturing the rocket as it came back down.