The Visionary

Bill Whittle Network

News

4.8 • 749 Ratings

🗓️ 27 May 2026

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

SpaceX. Tesla. Starlink. X. The Boring Company. xAI… developing and owning ANY of these modern-day marvels would be an achievement. Two would be astonishing, and three, MIRACULOUS. But all of them? On the eve of the SpaceX IPO, Steve, Scott and Bill try to figure out how this soon-to-be-TRILLIONAIRE pulls all this off?

Transcript

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0:00.0	With SpaceX's initial public offerings set for probably the second week of June and expected to value the company at up to $1.8 trillion dollars.
0:11.1	Yeah, Elon Musk, believe it or not, once a trillion dollar payday.
0:15.4	There's just one catch.
0:16.9	Several, actually. Stand by for details.
0:18.9	Hey, everybody. I'm Steve Green with Bill Whittle and Scott Ott. This is Right Angle, brought you by the members of Bill Whittle.com. And gentlemen, I looked at the S-1, that's the paperwork you file before an initial public offering. And SpaceX is only making 4, 5% of its shares available for purchase. But that's still expected to raise somewhere between
0:37.8	$40 and $80 billion in cash, which a company needs because they're spending big on
0:43.5	orbital data centers for XAI, which is their artificial intelligence program.
0:49.1	So we've got a new version of the old joke, I guess.
0:51.7	How do you make a small fortune in AI?
0:55.7	Start with a large fortune. joke, I guess. How do you make a small fortune in AI? Start with a large fortune.
1:03.7	Anyway, buried inside the S-1 is, well, we've got this little, it's kind of a gem about a potential billion trillion-gillion-gillion-dollar payday from us. Scott, I'm giving you this one,
1:09.3	because you do some IT work, and so maybe this will make
1:11.7	more sense to you than it does to me. SpaceX will grant Musk an additional 300 million super
1:20.0	voting class B shares, when and if the company completes construction of its, and this is a quote,
1:26.2	non-Earth-based data centers, end quote,
1:30.0	that deliver at least 100 terawatts of compute capacity, or roughly the equivalent, and this is
1:35.8	according to GROC, roughly the equivalent of about 100,0001 gigawatt nuclear reactors in space,
1:43.8	and he also has to up the company's valuation to
1:47.3	$6.6 trillion. Actually, excuse me, let me rephrase that. He has to up the company's valuation
1:53.8	by an additional $6.6 trillion. So that's shareholder value. Is that worth a trillion dollar payday?
2:03.4	How far off the planet does he have to be? Like you just said he can't be. Musk or the data
2:08.2	centers? Because, well, no, what I'm saying is like could it be in a in a dirigible?
	...

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