00:00SpaceX shares are lower in post-market trade after a planned launch of its 13th major Starship
00:05mission was scrubbed. At the planned liftoff time, smoke erupted from the launch tower
00:09while the rocket remained in place. For more, let's bring in Bloomberg intelligence analyst
00:14Matt Bloxham. Matt, I think this is a super interesting story at this moment. We've always
00:18watched these launches pretty carefully, but now an entire public market is watching these launches
00:23and they're trying to figure out how to price these things. I mean, we'll talk about Netflix
00:27in a minute, but does this become kind of like the subscriber numbers of Netflix? How is the
00:31market going to price and how does the market know how to price these events?
00:36Yeah, so the Starship rocket, the next generation fleet for SpaceX is a critical piece of the jigsaw
00:44to the SpaceX investment case. Their ability to build this huge network of data centers in space
00:53relies on their ability to get the Starship program up into a fully reusable system. And without the
01:00data centers in space, there isn't really the big ramp of revenue opportunity for them in the AI
01:05arena. And then beyond that, obviously, the manned missions to the moon and potentially to Mars
01:11eventually rest on Starship 2. So it's taken on huge significance. You know, what we saw yesterday was
01:18a small technical glitch. Some of the rockets didn't launch. You know, we've seen lots of kind
01:22of glitches like this before, even though humanity has been doing rocket launches for decades now.
01:28You know, it's still an incredibly sensitive and technically difficult challenge. So yeah,
01:33really significant. I think this is a small delay, but every delay just kind of pushes out
01:38the ability of SpaceX to ramp into that AI opportunity.
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