SpaceX is targeting a $1.5 trillion IPO in 2026. Every financial outlet says it's too expensive. But through a VC lens, the story looks very different.
In this episode, we break down:
— How a Moscow conference room dismissal became the world's most valuable private company
— Why Starlink's 7,000 satellites are just 1% of the broadband opportunity
— Starship's $100/kg orbit cost target and why it changes everything
— The xAI merger that transforms SpaceX into something entirely new
Plus: the bull case, the bear case, and the one question that determines whether it's actually cheap or genuinely overpriced.
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