This Week in Tech (Audio)

Snapshot · This Week in Tech (Audio)

TWiT 1087: Evil is the Root of All Money - Could Local AI Laptops Compete With Data Center Giants?

Explore episode Jun 8, 2026

Where this was said

IPOpalooza: SpaceX, Anthropic, OpenAI & Google's $80B Raise

At 4:02 · chapter starts 2:50

Leo opens with the week's financial bombshell: SpaceX is targeting a $135/share IPO that would value the company at $1.77 trillion — three times the size of the previous record holder, Saudi Aramco. Fr. Robert Ballecer immediately notes the problem: to justify that valuation, SpaceX would need to generate 60 times its current revenue. Joey de Villa wonders aloud if there's even enough money in the world to absorb all these simultaneous raises — SpaceX, Anthropic, OpenAI, and Google's surprise $80 billion stock issue. Jeff Jarvis explains Google's raise: despite having twice that amount in cash, issuing new equity was an aggressive, forward-leaning move to fund data center dominance. Berkshire Hathaway's $10 billion participation is noted as a historic shift from Warren Buffett's old aversion to tech stocks. The panel agrees the capital being deployed is staggering, but whether the returns will ever materialize is a wide-open question.

Business
The AI Investment Bubble: $1.77 Trillion SpaceX and the Data Center Arms Race

TWiT 1087: Evil is the Root of All Money - Could Local AI L… · Jun 8, 2026 Business

SpaceX's planned IPO would value it at $1.77 trillion — three times Saudi Aramco — and yet analysts estimate only 54% of promised data center capacity will be delivered by 2030. The panel tears apart the thesis that this buildout makes economic sense, noting that when old data centers go dark they're useless, unlike dark fiber which could be relit for pennies.

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