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The Bear Case for SpaceX at $1.75T | Karpathy Joins Anthropic | Cursor vs Codex vs Claude Code | Codex Builds an ERP in 7 Hours | Why Ozempic Is $20 in China | EP14
Explore episode
May 22, 2026
Where this was said
Intro & Guest Introduction: Dr. Dan at Network School
At 0:17 · chapter starts 0:00
$1.75T IPO valuation
SpaceX filed for its IPO targeting a $1.75 trillion valuation, raising $75 billion — making it the largest IPO in history.
SpaceX's $1.75T IPO: Hype Machine or the Real Deal?
SpaceX is targeting $1.75 trillion at IPO — the largest in history. Dan calls it irrational hype driven by a master storyteller. Ben sees a monopoly in space launch, GPU-in-orbit economics, and a coming Taiwan-to-Texas chip migration. Rik bets retail FOMO sends it to $3–5T before the lock-up cliff.
