ARK Space & Defense Innovation ETF

Jason support ×3 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E296 · 2026-11-07 ▶ 1:18:30

It's going to be a no-brainer, let alone the prescience of SpaceX, which is severely undervalued as a stock and is... SpaceX, Tesla, I've been buying shares to this whole insanity.

Chamath support ×3 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E296 · 2026-11-07 ▶ 1:00:06

The market rate, and it's probably not just double, it could probably triple. So whatever revenue you see on SpaceX's balance sheet from Anth could 2 to 3X, and Anth would have no choice except to immediately capitulate and take the higher price.

Friedberg support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E295 · 2026-10-30 ▶ 12:53

And then that gets sold to SpaceX, and then SpaceX turns around, and they're making, you know, an 83% margin on that chip spend because they're kind of looking at a five-year depreciation. So they spent $10 billion on Colossus One, five-year life, $2 billion a year depreciation. And so that's kind of the cost per year, but then they're making $1.25 billion a month on Colossus.

Chamath support ×1 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E293 · 2026-10-17 ▶ 59:26

He's not dumb. He's the smartest of the smart. He's doing spot because he's like, I may cancel on you.

Sacks support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E293 · 2026-10-17 ▶ 40:25

SpaceX, they pay back in roughly one year. That makes sense because I think that SpaceX is monetizing at about 50 billion per gigawatt, and CoreWeave at about 20 billion per gigawatt.

Friedberg support ×1 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E291 · 2026-10-02 ▶ 0:36

but the Starlink network basically becomes this incredible radar system that sits above the earth to look down on things that would normally be stealth from the surface of the earth.

Gavin Baker support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E285 · 2026-08-14 ▶ 1:33:52

Grok 4.6 is Pareto dominant on a lot of measures... very few of these investors talk about Grok at all... Maybe people should start to consider Grok when they think about SpaceX. [And] there's a lot ahead for SpaceX — the SpaceX story isn't over.

Sacks support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E285 · 2026-08-14 ▶ 1:32:37

to catch up and become a true frontier lab. But if he fails at that, he's got the put option of just selling the compute at pretty attractive prices to the frontier labs.

Jason support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E285 · 2026-08-14 ▶ 1:30:52

Elon has caught up... he bought Cursor, he's got that team... and he brought in his killers from SpaceX. And he did that in six short months. Never count Elon out. He's frequently late. He's never wrong.

Brad Gerstner support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E284 · 2026-08-08 ▶ 29:54

now you have a company at 1.4 trillion that I think if you take a three or four year view, you can see yourself tripling your money in this business at a very reasonable valuation

Friedberg support ×3 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E284 · 2026-08-08 ▶ 26:34

Starlink is just an unbelievable juggernaut cash machine... $2.6 billion in adjusted EBITDA [this quarter]... The Starlink business alone could be a trillion dollar market cap within two years, within 18 months. That alone provides the cash flow to fund much of what Elon is doing.

Sacks support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E284 · 2026-08-08 ▶ 24:57

I thought it was a very bullish earnings call. I was a little bit surprised that the stock went down... not only was it a beat and raise, but Elon spoke to a lot of their plans — Starship paves the way for the V3 satellite... 20 times more capacity per launch.

Jason support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E284 · 2026-08-08 ▶ 18:13

I got my first distribution from a fund I'm in. I'm in a couple of funds that are in SpaceX.

Brad Gerstner support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E280 · 2026-07-11 ▶ 12:22

the SpaceX IPO where we were also investors and we also bought in the IPO, ... trading at $2 trillion on roughly $35 billion of forward revenue. ... I still think there's a lot of meat on the bone on SpaceX, on Anthropic, on OpenAI. ... these things can be compounders. They're going to compound at the rate they compound revenue. ... well over 30% for the next many years.

Chamath support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E278 · 2026-06-26 ▶ 1:13:22

There is very, very meager supply and there's effectively infinite demand. So that probably pulls forward the economic equation to want to go to space. But then again, that's going to prefer SpaceX and their compute stack and their compute decisions over the hyperscalers ... you're going to have a cost of an output token, I think terrestrially, particularly from the hyperscalers, be a little economically lopsided versus SpaceX once they get it to scale.

Gavin Baker support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E278 · 2026-06-26 ▶ 1:11:52

to stand up a one gigawatt data center, it's $35 billion in semiconductors and ... $25 billion of power and cooling equipment, and that is clearly inflationary ... When Starship is reusable, it's going to cost $5 billion to put a gigawatt of compute into space. ... you're $40 billion to put the gig into space. ... everybody who's a SpaceX investor or employee has had a chance to sell every six months for the last 10 years. ... Almost half the employees at SpaceX bought on the IPO.

Chamath support ×2 ▲ on 📈 SpaceX post-IPO: multiple ways to win from $1.4T E277 · 2026-06-19 ▶ 16:25

It's an incredible company. It's a one of one. ... the highest price to sales was essentially these last few days. And now it's just going to grow into its valuation and generally just grow valuation.

Friedberg support ×2 ▼ on 🤖 Space companies stay cheap until they have non-government revenue E121 · 2023-03-24 ▶ 1:27:48

I do think all these guys are going to have to, in order to gain wider spread capital markets attention, like Elon has had to do with SpaceX, are going to have to find business models that have kind of near-term viability that don't depend on government contracts.

Chamath support ×1 ▲ on 🤖 The space industrial age — Apollo's semiconductor payoff, round two E60 · 2021-12-23 ▶ 1:16:00

If you think about what the next five to ten years can bring, Jason, at what you said earlier about making ourselves a multi-planetary species, what an inspiring thing that these thousands of employees across these three businesses did.

Friedberg support ×2 ▼ on 📈 Space sector is overfunded with one real customer E44 · 2021-08-28 ▶ 1:26:25

I am concerned about, frankly, the lack of commercial readiness for this industry. I feel like in terms of the hype cycle, we're at that early point where the investment dollars and the number of companies exceeds the market demand. ... the challenge is just it's another product market fit question, right? The market is one customer today.

Friedberg oppose ×2 ▲ on 🤖 The space industrial age — Apollo's semiconductor payoff, round two E40 · 2021-07-16 ▶ 47:28

So there's clearly a great deal of momentum in this industry. The question is always what's the market at the end? ... And we're going to find out over the next couple of years, is there a tourism market? Historically, there's been an interest in a market for visual satellites. But if you look at some of the financials of companies like Planet Labs, they did a few acquisitions in space imaging. And the revenue hasn't really taken off there. And then mining was always this other question. Can we go out and mine rare minerals from space? And that one is just, if you do the math on it, it's so far away, it's impossible to kind of model.

Chamath support ×3 ▲ on 🤖 The space industrial age — Apollo's semiconductor payoff, round two E40 · 2021-07-16 ▶ 40:44

So I don't know, I think this is the beginning of the beginning. I tweeted this out. But basically, if you think about, and there's other stuff that we can't talk about with some other companies that we are all involved in, David and I particularly. But here's the point, guys, between sending people and making us an interplanetary species by creating pervasive Internet access, and by enabling us to safely and reliably transport people either point to point suborbitally or basically into space, we are completely reimagining how the human race can work.

Chamath support ×1 ▲ on 🤖 The space industrial age — Apollo's semiconductor payoff, round two E35 · 2021-06-13 ▶ 37:31

What Friedberg said is so true, which is coming out of the Apollo program, we really created so much technological innovation, it propelled the US forward. We unfortunately gave a lot of it up, but hopefully this time around we can do it again.

Friedberg support ×2 ▲ on 🤖 The space industrial age — Apollo's semiconductor payoff, round two E35 · 2021-06-13 ▶ 33:01

And then they take that money and they invest in creating this space race, this industry that could absolutely transform humanity for the centuries to come. ... It really speaks to how semiconductors and computing came out of the space race of the mid-20th century. And we could see this next industrial age arise for the space industrial age because of these incentives that have been created by the government.