Sim
speaker
992 appearances
4 recordings
1 series
first heard Apr 2026
last heard 8 Jun
Sim’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in May 2026 with 2.
Appearances
And therefore I'm going to go with that.
Now the issue occurs, imagine you're SpaceX, you wanna raise more money.
You don't need to go and IPO and get like public cash because public cash comes with so much more regulation.
If I am the owner of SpaceX,
every single quarter I have to release like a quarterly form the SEC has to like interrogate it and make sure that I'm not doing anything illegal I have to be so careful about like talking about my public shares with my friends and family I can't talk about like hey you know we have this new release coming out because then I might be Martha Stewart and end up in jail for like nine months for possibly insider trading like there are just so many more complications whereas a private company
is treated the exact same way as like a small cafe down the road.
It's still just a private company.
No one has to see their financials.
No one is interrogating them outside of like the general law.
And so it's, I guess it's just less headache in all honesty.
And now, because there are so much more private capital available, these large venture funds and large private equity funds and large, like just all these funds available, they're going, you know what?
We have like $10 billion, right?
And we need to deploy that capital.
We need to.
That's just a fancy way of saying we need to give people cash.
Deploy capital just sounds so much more fancy.
We just need to give people cash.
And so they can give people cash.
And as the owner of SpaceX, I'd rather just take that cash and grow the company that way.
only when my company is so large that it's time to IPO I have now compared to what companies were doing back in the day I have now grown to become such a large company I am a mega cap company which means that my valuation is so so so high I am joining the share market like the Nasdaq or the New York Stock Exchange or the London Stock Exchange I am joining that at a much larger company size which means
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