Tyler Crowe

So let's kind of, after examining everything that we saw in this,

What's our verdict?

Like I said, I probably showed my cards, but John, when you finished with the S1, what did you say?

Bye now, maybe wait and see later, or no thanks, I'll pass.

Yeah.

You know, as I was saying with the launch business, this is a industry that's getting much more crowded by the day.

I think it was an industry 15, 20 years ago where it was SpaceX was this up and comer that was trying to take on a monopoly with the Lockheed Martin Boeing joint, the United Launch Alliance.

And now we have

seven or eight companies all entering the fray.

And there could be a lot of promising ideas like Voyager is one of them.

As far as the SpaceX IPO, I think I kind of showed my cards earlier.

I'm not that interested in this much at all.

I would say this, here's my caveat.

I actually think if Starlink was spun off as a separate entity,

I think that's actually the business I would be interested in owning the most.

It seems to be somewhat less related to everything else.

It's just wireless telecom companies.

And I think, number one, it drives a lot of value, has some growth internationally, and has shown it can generate returns.

And so if that was possible, I think there's some opportunity there.

Of course, all the caveats of corporate structure, executive compensation that I was talking about earlier would be included in that.