00:00Break down the level of emotion surrounding this IPO. Yes, it has to do with the size of the
00:04numbers, but they're hoping to raise the valuation, but there's also just so much emotion here as
00:08well. Yeah, I mean, IPOs are an opportunity to get access to a company, but also to a person.
00:16So for lots of people in markets, you know, they want to be able to buy a piece of Elon
00:21Musk.
00:21You know, he's still regarded as the visionary, as the, you know, real life Tony Stark. Shout out
00:27to all my Marvel fans. For the venture capital firms and the private growth equity firms that
00:34have backed SpaceX for a long time, this will be the biggest payday for them in their firm's
00:38histories. Simple as that. You know, the returns that some of these firms will see is just
00:43unbelievable. And the kind of third buck of it is the retail investor like, you know, it will be in
00:50the history books. It will be in the textbooks. Looking back, you know, it's when all the math is
00:55done, retail investors will probably account for like more money in this IPO than say Alibaba raised
01:04in its entire IPO. That's kind of a very funny concept to get one's head around.
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