The Ben and Emil Show - BAES 131: How to Capitalize on the SpaceX IPO

Episode Date: December 18, 2025

Elon will finally probably become a trillionaire next year when his big ol' rocket company SpaceX goes public. Speculation suggests they'll debut at a modest $1.5 trillion dollar valuation. But there ...ARE some other ways to play this so PAY ATTENTION! Plus we have updates on the Paramount/Netflix/WBD front. Also, Ben is sick. WATCH THE LATEST EPISODE OF EMIL'S NEW SHOW! https://www.youtube.com/watch?v=Cz-Wpap4-7M OUR NEW CREDIT CARD SITE IS LIVE!!! Go get that AMEX card baby! https://thecreditcardlist.com Give this video a thumbs up if you enjoyed it! And please leave us a comment! It helps us! ***Ben's new movies and tv podcast with Dillon is OUT NOW! GO WATCH the latest episode on CHRISTMAS MOVIES: https://youtu.be/vQa6X-lINpw?si=SO-1HCQokOkBacYw **CHECK OUT EMIL'S LIVESTREAMS HERE: https://www.youtube.com/emilderosa Support us and get bonus content, ad-free versions and more plus your first 7 days free at https://benandemilshow.com __ SOME OTHER VIDEOS YOU MAY ENJOY: That's Cringe of Cody Ko: https://youtu.be/dTbEk0pVh2w Our AUSTIN VIDEO: https://youtu.be/yGSs56bFzRU Our episode with Kyla Scanlon: https://youtu.be/cIHWkY35cuc Big Tech is out of ideas (ft. ED ZITRON): https://youtu.be/zBvVGHZBpMw Arguing with a millionaire (ft. Chris Camillo): https://youtu.be/1ZUWTkWV_MM We bought suits HERE: https://youtu.be/_cM1XqA9n2U ***LINK TO OUR DISCORD: https://discord.gg/CjujBt8g ***Subscribe to Emil's Substack: https://substack.com/@emilderosa ***Trade with Ben at https://tradertreehouse.com __ MOOMOO: Click this link https://start.moomoo.com/BAES to get up to $1,000 in free stock when you make a qualified deposit. Terms and Conditions apply. Securities are offered through Moomoo Financial Inc. (MFI), Member FINRA/SIPC. The creator is a paid influencer and is not affiliated with MFI and their experiences may not be representative of other moomoo users. Investing is risky. See full disclosures at https://invest.us.moomoo.com/_disclosure SURFSHARK: Go to https://surfshark.com/baes or use code BAES at checkout to get 4 extra months of Surfshark VPN! AURA: Exclusive $35 off the Carver Mat at https://on.auraframes.com/BAES promo code BAES SHOPIFY: Sign up for your $1 per month trial and start selling today at https://shopify.com/baes __ Follow us on instagram! @ benandemilshow @ bencahn @ emilderosa Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
Discussion (0)
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Starting point is 00:01:21 Order online at 1,800contacts.com or download the free 1-800 contacts app today. So SpaceX just did a secondary offer to raise a little bit more money before their now inevitable IPO. Rumor has it that they're planning to go to public next year at a one and a half trillion dollar valuation. There's no room anymore for the little guy to even participate or make money on this. Whenever it's taking, I'm just at home cheering this thing on.
Starting point is 00:01:55 Stupidly, though, you can't help but turn into one of those guys like, at what point does he get margin called? If we hit 1.13, I think we could see this whole thing collapse. Well, at this point, it literally is too big to fail and there's too many, he's too important. He's untouchable. The Tesla Investors Club, though, is absolutely having a time right now. That's for sure. Oh, dude, I know. Made it their whole personality and their whole lives, which I can't blame them before. If I made tens of millions of dollars off an investment, I would be. Oh, I'd be the most annoying person. I'd be part of the fan club, for sure.
Starting point is 00:02:30 I'd be calling people brokies. What do they say? They say, choose poor. Isn't that what they say? That's what I did. I mean, I literally could have just bought a little. God, man. I'm working downtown with me baby to me.
Starting point is 00:02:48 Tell me what's going on. Tell me what's going on. So listen out up to what. Ben and Ben, tell me what's going on. Tell me what's going on. Wow, we had a bit of a technical thing, not that you would know, but we're starting. I have the flu. We're doing a quarantine episode.
Starting point is 00:03:16 Okay, it's 2020 again. Ben is feeling like crap. He took a test. He's got influenza A. That's the bad kind. Do you want? B. kills you this might be ben's last one but good thing we recorded for christmas so that will be fun for
Starting point is 00:03:33 you can gather around the family and watch ben's last message to the world he said i did think i was going to die last night i i thought that i legit had a 104 or 105 fever and then i got a thermometer and you know what it was a hundred point three and i was like wow i'm a big fucking baby not beating the allegations. No, and I do not care. I will take the baby allegations all day because sometimes I'm a baby and I haven't hardly eaten anything in the last 36 hours either. But anyway, and not only that, we screwed up the first iteration of this because we, the tech, hey, what are we, look, we knew how to make the backgrounds, okay? Ben's in Alaska. I am in space. We're not the Geek Squad.
Starting point is 00:04:26 And so, yeah, I guess before we get started, we would just like to say to everyone, don't have a cow, man. I think it's fair to say that this is going to be a very fast and loose, easy episode. I don't think that's fair to say. It's going to be slow and tight and hard. Slow and tight and hard for everybody involved. Wow, yours moves your background. That's very pretty. Mine what?
Starting point is 00:04:56 Yours moves. Yeah, my, my, yeah, my background moves. This is very, this is very early pandemic when everyone was figuring out how, how to be a professional at home. And look at us. We're a couple of professionals at home. Well, everybody, we're going to be talking this episode. Oh, also the Q&A, we are, we might have to push,
Starting point is 00:05:24 that a little bit obviously because of my condition but just to let you know we have that coming we've gotten over 70 voicemails to sift through god I got fucking bags under my eyes pathetic this episode wait how many voicemails over 70 over 70 how many do you think we'll get to
Starting point is 00:05:46 70 no I mean we're going to check them we got to check oh we'll check them all but we're not going to play them all That would be impossible. But I'd like to, I want to see the average length. Well, let's just pick the shortest ones. Whoever followed the instructions and got it in under the wire. It's funny.
Starting point is 00:06:05 As soon as I posted it, the phone number, I immediately got a couple phone calls. And I was like, uh-oh. My phone number was linked to the Google voice number. And I answered the first call from like Louisville, Kentucky. And this guy was like, hello? And I said, uh, hi. who's this and then I
Starting point is 00:06:27 said okay call back I need to unlink my phone it was good so huge shout out to that guy huge shout out to that guy
Starting point is 00:06:35 huge shout out to everyone who's DM me and said they felt they had the same Deepop scam played on them ooh they're really
Starting point is 00:06:44 they're coming for us they really are get off Deepop go back to eBay all right yeah eBay's where it's at all right folks
Starting point is 00:06:51 we got a SpaceX episode and how you can possibly make money not financial advice financial advice but it actually is it actually is that you and you can sue him even though he's got influence a yeah you can sue me all you want sue me till the cows come home i don't care the cows are never coming home so take a bye to the cows and we're going to talk about robots SpaceX there he is as a cow the cows are not coming home we're stuck in space the new the new the the fed uh cut rates last
Starting point is 00:07:27 week and and what that means it just means in short the rich are going to get richer and you are not going to get any richer but let's let's start with a quick update is in the we've got to talk about the kevins the kevins the kevins the kevins in the race for the uh for the next head of the fed oh sure sure yeah those um those sweet, sweet Kevin's. I thought my dog. I thought my dog maybe had a shot. Yeah, not your dog, no.
Starting point is 00:07:58 He licks his balls, or he looks his penis too much. I'll tell you what that we did watch, we watched Harry met Sally last night, when Harry looked at a lot last night. And usually he's pretty good about it, but last night he really was really going in on that thing. On his penis? He keeps that thing on him.
Starting point is 00:08:18 Yeah. Is he licking it slow? like methodically like not you usually you could tell he's trying to keep it clean you don't mean but last time i was like okay i feel like i feel like you got it at this point you're uh yeah Doug Doug's been oh he's such a good guy um Doug Doug's been looking certain parts of him he neither he rarely licks his penis it's usually just like his paws because my dog unlike yours isn't a pervert well it's hard to judge I mean I think all dogs are pervert I don't know what I'd do if I was in the situation where I'd easy access my tongue to penis.
Starting point is 00:08:56 You know what I mean? Yeah. Well, that's why you've got the sheath. That's what dogs have covering their penis is the sheath. Sure. You're not actually looking at the penis itself. The penis is hidden. It's hidden away.
Starting point is 00:09:09 It's interesting seeing how dogs pee. It comes out in spurts. I know. They look like old men with veneerial disease or something. Yeah. Yeah, it's like, they're Tom, Tom, Tom Hanks and Green Mile. Yeah, yeah, just painful piss. Anyway, so we thought we'd give a little bit of an update.
Starting point is 00:09:35 We talked about this last week on Stock Twits, but we know that not everybody tunes into that, which is, first of all, what the fuck? Second of all, you're missing out because that was one of the best episodes we ever did. but Paramount Skydance David Ellison put out a very very very very lengthy wordy desperate
Starting point is 00:09:57 honestly desperate is the word I mean if you see some of the the text this guy's firing off that David Zaslav please Mr. please my daddy will is going to wipe me a $40 billion check unbelievable really interested in
Starting point is 00:10:16 talking to you about shareholder value, sir. And honestly, I mean, this letter is, Dear Warner Brothers Discovery, over the past 12 weeks, Paramount presented six proposals to the WBD Board of Directors and management to acquire all of WBD. On Monday, we launched a $30 all-share,
Starting point is 00:10:43 or per-share-all-cash-tender offer to present our superior transaction to you directly because that's what they're doing they're going around the board of directors and straight to the common man the shareholder and urging the shareholder to vote in favor of this deal instead of Netflix's far far far inferior deal according to David Ellison and I just think that it's funny and interesting that um as I was saying that before, you know, normal dads get you a bike for Christmas. You got a Super Nintendo. I got a Super Nintendo.
Starting point is 00:11:28 I got a Nintendo before. See, we never, I think my parents, they didn't recognize new systems. So it was like, you got a Super Nintendo, that's good for 15 years. We got a, we got a, we got a, my grandma got us a PlayStation 2 one year, which was really cool. but damn that was that was the bleeding edge dude i remember i remember going to uh these the richest people i knew at the time uh going over to their house when ps1 was just out and i had never seen anything like it before and i was just in awe i was like this is technology this is serious tech did you have a dream cast fuck no you think i had a dream cast dreamcast
Starting point is 00:12:15 Dreamcast was that for me. I remember going to a friend's house and being like... This is serious tech. The future is now. Get out of my way, Grandpa. Yeah. I had that with...
Starting point is 00:12:26 With, yeah, the PlayStation one. Just the sound when it turns on that spooky, like... Sega, right? Well, I did end up having a Sega and a Sega CD. And that system sucked shit. I don't even remember Sega CD Sega couldn't compete
Starting point is 00:12:47 Worth a goddamn Anyway That's what normal dads By their kids By little boys and girls But in the case of David Ellison His daddy Is cutting a $40 billion
Starting point is 00:13:02 Check To backstop And support His acquisition His son's His son's lofty goals Of acquiring Warner Bros.
Starting point is 00:13:13 which is just if that's not love i don't know what is we need to normalize this i want i want all dads buying this step it up if i were a dad i would feel um really embarrassed like what are you doing dude what are you doing you're not you're not um larry ellison's daddy got him 40 billion dollars like yeah i'm going to write a lengthy letter to my dad on father's day and say oh yeah any any change you want to buy me production studio. Hey, gang, one more quick break. We're going to be talking about Moomoo.
Starting point is 00:13:53 You know, as you guys are well aware, Emil and I put a lot of time, effort, and heart and soul into doing research on this show. And sometimes when we're talking about stocks and companies, you know who's right there in my pocket for when I need to do research? Mumu, not only for trading, but for research. It's one of the tools that we've been using for the last two years. And for those unaware, they are an all-in-one trading platform trusted by us and more than 28 million users around the world. And on top of having commission-free trades on stocks and ETFs, they also give you, like I said, incredible insights into your favorite stocks, overall trends, and market behavior that we can use to craft episodes like this. On top of
Starting point is 00:14:38 that. You can also check their institutional tracker, which is an handy little thing. It provides insights into how funds are allocating across sectors. From there, Moomoo even gives you free Morning Star Research, analyst ratings, premium news from Wall Street Journal and Bloomberg, and even insider trade data showing who bought how much, at what price, all before placing a single trade. And finally, by the time you are ready to buy or sell, like I mentioned earlier, They have $0 commission on stocks, ETFs, and options, free level 2 data,
Starting point is 00:15:09 real-time options chains, and advanced order types, if that's your thing. Other fees may apply, but Emil, why don't you tell them about the bonus? If you want to streamline your trading,
Starting point is 00:15:19 see everything you need to know in one place, and stop losing time jumping between tabs. Check out Moomu using the QR code on screen or our link below. And for a limited time, as a thank you for trying them out, you can get up to $1,000 of Nvidia stock
Starting point is 00:15:33 as a bonus when you sign up and make a deposit with the link down below. Plus, as if that's not good enough, they'll also give you a 3% match on your initial transfer, up to a maximum of $600. So basically, you could get up to $1,600 just for signing up with the link below by December 31st. So join Ben, myself, and the 28 million other people worldwide that are already using Mumu every day. Do you get your dad's stuff for Father's Day? What do you do? well his birthday is right around father's day so you get you do a little two for you get a little you know the one good part about having a dead dad don't have to worry about father's day or
Starting point is 00:16:15 birthday anymore because he was hard to shop for anyway it was like dude what do i get him he does what do you get the guy who has everything yeah what do you get the guy who i'm kidding mom my mom's out there listening probably going but uh this uh this uh If this isn't love, I don't know what it is. You can tell that Ellison's probably have a very good relationship by virtue of the fact that both of his children are very successful. Obviously, I'm not saying, obviously they are nipple babies to the, to the millionth degree. But come on, man.
Starting point is 00:16:55 Well, would you rather, would you rather, you know, thought, what is it, thought daughter, gay son? Yeah. Would you rather... I want to both. Why can't I have both? Would you rather Chet Hanks or David Ellison? I think I would take Chet Hanks. Yeah, I'd probably take Chet Hanks.
Starting point is 00:17:15 He's fun. He seems to understand the simpler side of life, which is getting addicted to drugs, getting religious, then turning insane. And Wogwan. Exactly. So anyway, this lengthy letter just talks about how they're good for the money. Not only are they good for the money.
Starting point is 00:17:42 How dare you question the money? Yes. It suggests that we are not, quote, good for the money or might commit fraud to try to escape our obligations, as certain reports have speculated, is absurd. That absurdity is underscored by the fact that WBD and its advisors never picked up the phone or typed out a responsive text or email to raise any question or concern or to seek any clarification about either the trust or our equity commitment papers. They are really butt hurt, but hurt that people are doubting. David Ellison is butt hurt. I mean, well, how dare you doubt the Saudi
Starting point is 00:18:19 sovereign funds? How dare you doubt, can we keep track of which Kushner it is, Jared Kushners? um they they are they're they're offering they're offering financially a superior deal but it seems like someone on the wbd board side just has it out personally for any number of the is it the ellisons or uh jared kushner or you name it because they are still as of as of this recording emil had just pulled up that uh the board of directors is still urging the shareholders to vote in favor of the Netflix deal instead, even though it's less money. Although, I will say, less money for less assets they're buying. They're not going to buy the cable channels like Paramount wants to, so they are, though it's not a huge asset that
Starting point is 00:19:21 they're, you know, they're all admitting that fact, but they are paying for more. You know, That $3, didn't Ellison himself say that he kind of values it? A dollar. Okay. So they're paying a little premium on that. But I'd also think that Warner Brothers probably is pissed at the Ellison's for kind of forcing their hand on this whole thing and opening up the, opening themselves up to bids like this. Yeah, but at the same time, the company's now worth three times what it was a few months ago. Sure.
Starting point is 00:19:53 I mean, do you know who is coming out on top of this whole thing? Who, Harry HBO? No, Zazlov. Oh, yeah, yeah. I mean, this guy just completely dick this whole thing up. He's been a joke. I mean, how many times did we... HBO, HBO Max.
Starting point is 00:20:11 HBO Max. Yeah, HBO Max. We're HBO Max again. Yeah. And canning, canning beloved movies for tax right off, pissing every... Oh, dude, the Wiley Coyote movie? Which I did find out that we're actually getting. Fuck yeah, good.
Starting point is 00:20:28 They apparently, they shelved it in 2023 for a tax write-off, but they reversed the decision. And they, I guess, some catch-up distributors acquired the rights. It just happened this year, March 22 and 5. Awesome. Well, in addition to Paramount, maybe trying to, see, I can't, my brain isn't fully on i we we would at least get barry barry we on cbs but she had erika kirk on and boy that erika kirk just looks like you know what just hit me who she reminds me of is tammy faye tammy fay baker john benay ramsie no tammy fay baker tammy fay baker tammy fay baker do you remember
Starting point is 00:21:19 this lady i have no idea she was a she was an evangelist she co-founded the televangelist program the PTL club with her then-husband Jim Biker in 1974. And she just, I don't know. I don't know this lady, but I do have to say that's maybe a little too harsh. I mean, sure. I kind of see it, though. It looks like a child. Did her makeup?
Starting point is 00:21:48 It looks like a child pageant star got old too quickly or something. Yeah, it made a wish to become an adult. Yeah. I want to become an adult. oh god i forgot about child beauty pageants jesus christ but yeah if uh if if the ellison's went out maybe we can have every cable news channel be headed up by barry wise hell yeah tbh the way she talks about charlie in some of these clips if my wife was going around after i died talking like that i'd be i'd be pissed i'd i would haunt her i mean at one point
Starting point is 00:22:24 And she's like, Charlie always said hating Jews was brain rot. It was like, that's how we talked. Awful. Anti-Semitism is, what healing factor comes out of hating Jewish people? What healing factor comes out of hating Christians? What healing factor comes out? Hate in general. Nothing.
Starting point is 00:22:50 Nothing. Charlie always would say very clearly Jew hate was brain wrought he would always say it we've been to Israel twice together and to be able to walk in the place where our Lord walked
Starting point is 00:23:10 and see the Bible come to life in technicolor how could you hate that place but she's and she's going like this too she's by far the best thing I've seen was someone who said it was like the kid the kid in middle school who thought he was who thought he was an anime character remember those kids who thought they were
Starting point is 00:23:35 and that's how she talks yeah like the the overdramatic pauses and everything looking down before she like finally I think just God but we serve a just God. And I rest easy in knowing that. He's sovereign, but he's just. And so let the Lord handle that.
Starting point is 00:24:01 I think that in the moment in the studio, she probably thinks it's impactful and dramatic and whatnot, but doesn't realize that it doesn't translate well to camera. It doesn't play to camera well at all. Yeah, I mean, all these things are, the fact that they're trying to put these people forward as um to help with winning the culture war just the most unlikable scary some of those clips i'm like this lady terrifying yeah she really is um people are asking about advice on dating it just sounds brutal you know meet for breakfast and coffee
Starting point is 00:24:40 don't go out and have fun don't be in church meet in church anyway all right so last week the fed cut rates again um they said that there's still risks to inflation tilted to the upside risks to an employment are to the downside so that's good that's a good thing uh and they're just going to wait and see how things go and um you're going to probably be hearing a lot more about the k-shaped economy and if you're if you have to ask you're probably on the down part of the K, as most people are, because if you don't own stocks and you're not like invested and you don't have a 401K and an IRA and stuff, you're going to be, it's not that you're fucked. It's just, you know, it's not as fun for you, but everybody else
Starting point is 00:25:41 who's already well off are just going to become more and more well off. Which I like when that happens. I think it's cool. Yeah, I actually was going to say, I think it's pretty neat too. That's how they should do it. Yeah, what? Make it so that poor people suffer? Yeah, I think the rich should get richer.
Starting point is 00:25:59 Yeah. And I think if you already have nothing, well, it should just get worse for you. And that they should make it, they should just make it easier for rich people. I just feel like they've had it hard. All right, all right, folks. Let's take one more quick sanity break here before we dive back into the swirling chaos that is this modern world.
Starting point is 00:26:27 We need to talk about something that's probably more exposed than your questionable browser history, all those weird videos you're watching, and that's your online data. It's true. If you're using public Wi-Fi or even if you just feel like
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Starting point is 00:28:11 four extra months of Surfshark VPN. That link in the code are in the show description. Well, Elon Musk just like today or something said he can't go to CVS or like the grocery store anymore. Exactly. Because there will be just a line of people wanting selfies with him. And it's not that he doesn't want to take the selfies. It's just that it's impossible. He wouldn't be able to do it. And he really regrets that and can't just be a normal person.
Starting point is 00:28:41 Right. Because he just wants to go into the CVS pharmacy and get those medical grade plastic. to cups because you have to he's got to continue sending his semen around the country. Yeah, yeah, yeah. And he likes doing that. That was a fun
Starting point is 00:28:59 part of his life. I door dashed some some cups for No, I door dashed Gatorade and a flu test and a thermometer last night and made it. I didn't know they had at home flu test. I don't know why. I didn't know either.
Starting point is 00:29:17 Oh, okay. I didn't know, but my neighbor told me to get one. She said they're really accurate. And boy, oh, boy, I forgot how frustrated. I never DoorDash stuff from like a drugstore. It is so frustrating because it'll be like, all right, they're at the checkout. And then it just shows the little icon is just there for like 20 minutes. And then it's like, all right, they're leaving.
Starting point is 00:29:38 But then the icon is just staying there. And then it's kind of just like going around the parking lot. It's like, what are you doing, dude? where are you what are you doing everything that i had put in my basket he had to replace but like replaced it with something worse and i just you know whatever i didn't care that's i mean anytime i've tried it i don't know how people do this anytime um anytime i've tried the having someone shop for me because i'm like i just don't have the time to do it let's just have it delivered they get you the greenest bananas you've ever seen
Starting point is 00:30:11 like me the most green bananas that's ever been seen you're lucky if you get the bananas i mean you're asking for uh you're asking for just like regular spinach and it's like here's a entire head of cabbage and you're like okay sure yeah i hope you're cool with the milk that expires in two days because that's just what i grabs um anyway fuck you uh thanks but yeah so Elon Musk is totally cool Tesla today just hit a new all-time high and his net worth has soared beyond $600 billion which is a number that we've just become not numb to but just it doesn't it doesn't compute anymore that's such a insanely high number It really, and I couldn't think of a less, not that anybody would be deserving, but I couldn't think of a less deserving, more obnoxious piece of shit than, how come we don't have like the Elon Musk pavilion or museum of rocket, rocketry?
Starting point is 00:31:25 We do. It's called X, the everything platform, and he bought that for us to preserve free speech, so maybe show a little gratitude, all right? You're right. That is the Elon Musk Pavilion. And thanks to him, you know, I get to preserve my God-given right to say the N-word on there. And the R-word? And the R-word. Any word I want, really.
Starting point is 00:31:47 The most frustrating thing about this is just, I mean, just pulling out doing a five-year thing on the Google stock ticker here. Just the amount of times we've covered the stock absolutely tanking. And then it recovering, it's like, I could have just bought at any, I mean, it's just always the amount of times I could have just bought in. Well, because now with Tesla, it's always, always, always about narrative. And now the narrative has successfully shifted to robots. Robots and the full self-driving being out next year. I also don't think I'd be able to bring myself to do it.
Starting point is 00:32:31 I mean, that's the other thing. whenever it's tanking my i'm just at home rooting cheering this thing on uh stupidly though you can't help but turn into one of those guys like who's like at what point does he get margin called if we hit uh one 13 i think we could see this whole thing collapse yeah yeah well at this point it literally is too big to fail and there's too many um he's too important he's untouchable he's there's spacex is far to i mean so spacex just did a secondary offer um to raise a little bit more more money before their uh now inevitable IPO and i know it sounds a little confusing but they just did a secondary offer at an 800 billion dollar valuation um and they are planning to
Starting point is 00:33:25 go public rumor has it that they're planning to go public next year at a one and a half trillion dollar valuation, which is so fucking frustrating and just underscores the way all of this shit. It's just, there's no room anymore for the little guy to even participate or make money on this. 15 years ago, they would have gone public
Starting point is 00:33:50 at like $5 billion, maybe. But I understand, obviously, they've grown significantly as a private company, but it's frustrated, like Rivian. Remember when Rivian IPOed at like a hundred billion dollar valuation? What a fucking joke? Yeah, yeah. Then it proceeded to tank.
Starting point is 00:34:09 Speaking of tanking, you know. I mean, also, just before you move on from that, I think there's also a lot of people who are going to say that don't be stupid, get in now. The little guy has their opportunity to get in now when they IPO. And in five years, when we all look like me out here in space, because Elon Musk is just, he's got the Mars taxi. the Mars taxi you're going to feel you're going to feel stupid because you didn't buy in yeah um it feels overvalued right now but just wait well that's the thing is now i remember when
Starting point is 00:34:42 saudi aramco uh IPOed it like a little over a trillion dollars and i was like jesus fucking christ you got to be kidding who's buying that shit but now valuations don't mean anything it's all about a story and whatnot um yeah i think that was the is i think that's the current record holder right for the biggest biggest IPO i believe so yeah not in the u.s because i don't believe it it ipoed in the u.s um yeah it definitely didn't but um i mean you know who the real winners are here the i have a friend who works at spacex who stockholder uh a shareholder and those are value i think right i mean it might change but i think right now they're saying that they're going to buy them for $420 a share.
Starting point is 00:35:30 I mean, that means nothing unless you know how many shares there are, but what, what, yeah, but I'm sure, I mean, I think at, if you've been there for over five years or something like that. Oh, your friend is a millionaire. Yeah. Yeah, hopefully, hopefully. Man, that is wild. That was always my dream is to just like get a job at a fucking Nvidia or Tesla or SpaceX and just have your share.
Starting point is 00:35:58 vest and then you become an accidental millionaire just from being a dickhead who works there well yeah not an accidental i think um is your friend an engineer yeah went to you know went to very good schools for engineering worked his ass off uh and has put up with the most insane person in the world as a boss so yeah it's been hard earned i'm sure yeah i do like that space SpaceX doesn't get as much of the Elon backlash and heat as Tesla does. It's like we all collectively are like, yeah, but SpaceX is kind of fine in its own. I mean, I think it almost has to do with the fact that he is, he's making much loftier promises with SpaceX, and I think people understand that and people are giving them a little more leeway. Like, I don't know.
Starting point is 00:36:54 Let's wait and see. Yeah. Let's see about this Mars thing. I think when he talks about Tesla's the accomplishments they're going to make, people kind of see right through it. He's almost pulling from the Trump playbook of just absolutely leaning into the absurdity and leaning into the overpromising and leaning into the fantastical fantasy of, oh yeah, we're going to have robot talking, flying. fuck robot machine cars yeah and i want one with huge breasts that's what i would do if i was uh if i was getting into the robot game i'd be i'd be guaranteeing that there's not a robot on the market with larger breasts than ours and they serve a function they actually do serve a function
Starting point is 00:37:48 what's the function i don't know batteries yeah that's why they're so big yeah supple batteries supple perfect batteries just robots with their chins dragging on the floor because the breasts are so big they can't even but people like them we can't keep them in stock honestly
Starting point is 00:38:09 yeah people love these things they gotta have them hey everybody we want to take a quick break to talk a little bit about how much it is how difficult it is to shop for certain people
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Starting point is 00:39:52 That's A-U-R-A. dot com promo code bays this deal is exclusive to listeners and frames sell out fast so order yours now to get in time to get it in time for the holidays support the show by mentioning us at check out terms and conditions apply uh but so we that that begs the question how can you make money off of this and there is a way because if SpaceX does in fact IPO that's going to be a big theme it's going to be a space theme it's going to be satellites it's going to be fucking rockets baby and there are a few stocks that are currently publicly traded that very well could see a lift from no pun intended no pun intended see a lift off seem lift off last off even one of them
Starting point is 00:40:48 is rocket lab which we've talked about before um a long time ago But Rocket Lab, RKLB, I mean, they're currently valued at, I want to say, $25 billion, which is $29 billion, which feels expensive because they only pull in, I don't know how many $600 million a year in revenues. But it doesn't matter. I mean, if SpaceX can be $1.5 trillion, why can't Rocket Lab be a little bit higher than that? then you got l unr which is intuitive machines they were the ones that put that robot on the moon and then it tipped over and they won't go get it they refuse they say you're stuck there it's trash now it's it's the moon's proff uh then you've got of course the one that i hate a s space mobile god i hate this i hate this stock so much yeah but hasn't this one become a bit
Starting point is 00:41:46 more legitimate than when you were first oh yeah 100 that's why i hate it is that you It was a real scammer, and now it's... It wasn't ever a scam. It just smelled like one from the start, and it was... Yeah, but wasn't it not until they actually made a partnership with... I'm blanking on who it was, but it was kind of just a nothing... It was just an idea. Yeah.
Starting point is 00:42:09 Yeah, but they somehow turned it into a real, legitimate thing. And, yeah, they're trading at $68. to share go figure then you've got sp i r which is another one uh i don't remember exactly what they do uh i think they do like parts rocket parts r dw is another one that does they do um parts for rockets for sure uh b k sk why i want to say that that's dark sky black sky technology ooh cool cool super sexy black sky technology and then uh pl planet labs they do tiny little wee baby satellites just a wee little baby satellite that emil can fit into one of his precious little bags that he loves so dearly i'd love that a little bagful satellites that's actually part of the
Starting point is 00:43:11 issue that um we're running into in space is that there's too much junk up there's too much space junk we're all we're trapping ourselves here damn look at that gatorade he's just pounding down this boy needs electrolytes he needs to be brought back to life i drank two of these last night like i had both on my on my um on my nightstand and i just pounded them uh how many how many space junk how many space junk this guy says there is over 27000 trackable objects that are bigger than a softball plus an estimated 170 million
Starting point is 00:43:50 smaller pieces totaling over 9,000 metric tons that's not good. That's dangerous because if it is wild that it hasn't happened yet where like all it takes is one thing kicking off a chain reaction and then you've got
Starting point is 00:44:09 a veritable Sandra Bullock in gravity situation. I actually only remember it a little bit George Clooney I mean I saw it in theaters and you remember it all I loved it I was
Starting point is 00:44:24 yeah yeah well and I watched it again recently like at home because How many how many parts did you turn it into you? Oh I sat the whole thing Yeah which speaks to how good it is
Starting point is 00:44:39 if I'm sitting through a whole movie but let's see also do you think do you see this do you see Tesla ever coming down in a real way again or is this like never no no not not in the next 10 to 15 years
Starting point is 00:44:54 because they're just so good at kick in the can the days of the days of taking massive dips back down to I mean just not that long ago is in the like 100s I know those are over
Starting point is 00:45:11 I think so. We all could have quadrupled our money. Yeah, it's crazy. So just as a reminder, SpaceX doesn't just do the launching services. They also do Starlink. They have 8 million users currently. And their revenues for 2024 were $13 billion.
Starting point is 00:45:36 And projections for 2026 are 22 to 24. billion dollars which is just so they're going to be trading it what is that um almost 200 is that 100 just under 100 times revenues is that right yeah what's like let him work it out what is it hey syri what's one and a half trillion divided by 24 billion 162 times earnings which is fucking banana banicray that's fucking stupid how does that compare to Tesla at this point Tesla trades it let's see Tesla earnings 300 to 308 but that's that's earnings also does it with this IPO put him as a trillionaire at that point yeah he'll be a trillionaire probably by the end
Starting point is 00:46:46 the next year I bet who so I mean we can all sit by and watch it happen where we can participate and make a little bit of money folks so oh you think there's it's still that's not too late for the little man not not for Tesla I wouldn't I mean I'm just not interested in buying Tesla and SpaceX anyway but they're like I said you know there's these other space companies there's god have you checked in on the the tesla q community recently no why what are they doing no i have not either i just i got to imagine it's bleak over there it bones me out man those poor guys because they're right but it doesn't matter anymore um and folks with robots there's there's there's a lot going on there's um there's a ton of different
Starting point is 00:47:41 companies you can look into uh well not i robot not anymore the rumba maker just filed for chapter 11 bankruptcy which is very very sad we we wish them all the best damn the the the Tesla investors club though is absolutely having a time right now that's for sure oh dude I know these they're just the worst people the most the the the worst kind of people are the Tesla early investors who made it their whole personality and their whole lives which i can can't blame them for. If I made tens of millions of dollars off an investment, I would be... Oh, I'd be the most annoying person. I'd be part of the fan club, for sure. I'd strictly wear, I'd strictly wear Tesla merch. I'd be in these Reddits. Yeah. I'd be, I'd be saying things like,
Starting point is 00:48:31 I'd be calling people brokies. What do they say? They say, uh, choose poor. Isn't that what they say? That's what I did. I mean, I literally could have just, bought a little god man i just i just wish that i had um there were so many times to make so much money off of this fucking company this stupid fucking stock but you know who knows man there's uh there's always a new theme like i said and we'll have robots next year and we'll have uh we'll have robots and we'll have space um i'm probably going to look to buy rocket lab on any big pullback god i have to cough so bad but i can't because my head will explode that looks painful folks it just goes think it's like my brain wants to pop out
Starting point is 00:49:26 can you pinpoint who gave it to you no did you kiss a stranger no no kissing Went to a couple parties That's Wow, super spreader Yeah Oof Super spreader Yeah, I'm basically a super sped
Starting point is 00:49:49 Oh kind of I mean someone was Because if it's anything like COVID I think you're like Most contagious right before Sometimes You don't know That's what makes you so innocent
Starting point is 00:50:00 Yeah but we're still giving you The death penalty pal Hey everybody We've got to take a another quick break to talk about Shopify. You know, when we first ventured out on this venture, we had no clue what we were doing, especially when it came to all things e-commerce, when we were selling merch, both online and at live shows.
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Starting point is 00:51:46 Well, in other news, I like this. So Ford is switching to hybrid gas and electric cars, which I really like. I've always thought, personally, I've always thought that hybrids are the way to go. I mean, at this point in time,
Starting point is 00:52:05 for sure. Yeah, because they said that they're taking $19.5 billion in charges mainly tied to their electric vehicle business, a massive hit as the automaker retrenches in the face of sinking EV demand.
Starting point is 00:52:22 People don't want electric cars, man. They want them hybridge, man. I'm pretty sure they're completely scrapping that F-150 lightning. Yeah. Every time I see you drive by, I'm like, pathetic. Do you think it's Pathetic? Yeah.
Starting point is 00:52:37 Why? A lightning? Come on, dude. It's probably better than the gas-powered one. Put a V-6 in that thing, dude. A pipe of V-6 in that thing. V-8, man. Wrap it up, man.
Starting point is 00:52:50 All they got to do is make tinier cars. I have it right here. The F-150 lightning, an electric version of Ford's popular pickup manufactured in Michigan, will no longer be a pure electric vehicle. Instead, it will be equipped with an auxiliary gas. fuel generator that can recharge the battery when it has been depleted. Sounds liberal. It does sound liberal. I do think I'm glad they're moving away from that.
Starting point is 00:53:18 But meanwhile, Donald Trump last week trothed that he's approved tiny cars to be built in America. Finally. Manufacturers have long wanted to do this, just like they are so successfully built in other countries. They can be propelled by gasoline, electric, or hybrid. these cars of the very new future are inexpensive safe that's not true fuel efficient and quite simply amazing start building them now i will say the difference between here and where all those other tiny cars are are the uh safety standards the what safety standards no just the the way the way americans use roads here and everything we have such a car focused infrastructure that
Starting point is 00:54:04 They make, they're going to make sense in like two cities maybe. Yeah. Everywhere else are just going to get absolutely pounded by some dude who can't even see you in a jacked-up Chevy Silver Auto or something. Or the new F-150 Lightning hybrid? Yeah. And I mean, just those, not only is the infrastructure different, those cars, those massive trucks just don't really exist in the other places. Yeah. Good luck.
Starting point is 00:54:30 I mean, hey, I'd like to get one of those little tiny guys. I might end up getting flattened like a pancake. I mean, when we went to Japan, and especially when we were on that island and seeing those tiny little trucks, the little flatbeds driving around, they really are a magical little thing. And it makes you wish that we had them here. I just, I just, I think that there's a happy medium. Just go back to, go back to good design that's not. I'm just, oh, no. I'm sorry.
Starting point is 00:55:08 Oh, Jesus Christ. Oh, fuck. Oh, the pain. Brutal. Go back to good design and just make it so that you can see over the, that's why I like my O3 Tacoma. And you can see over the front of it. It's not absurdly big.
Starting point is 00:55:38 It's not too small so as to be feminine or liberal. Are you worried about that? Always. Yeah. No, man, not at all. I mean, my old Volvo was such a little, my brothers made fun of me for that thing. That thing was massive. Yeah, but it was just a rinky dink dumb.
Starting point is 00:55:57 It was such a dumb, I can't believe, now that I finally got rid of it, I can't believe I drove that little fucker for so long I mean it was a real piece of shit it was and it broke down a few it broke down on us on the freeway one time and then started up again
Starting point is 00:56:15 and we were totally fine um yeah so I think that they should make the carts a little better looking I mean has anything actually happened outside of just the the Trump thing
Starting point is 00:56:31 know we don't actually have American manufacturers nobody's against me no no um in part because they there's certain safety things like weight minimums i think they've got to they've got to be a certain um a minimum weight that they can be in a lot of these tiny cars don't satisfy that criteria but i'm always saying make them heavier make them heavier bigger fatter? Well, they could build the small cars, denser materials, make them extremely heavy. That would be really cool, actually. Like a little neutron star of a car. Ooh, that'd be a good name. The neutron star. I, man, dude, I'd tell you one thing. I've been burned on marijuana stocks so many times in the last year because there will be a headline that Trump is thinking about rescheduling,
Starting point is 00:57:27 meaning like essentially uh because it's currently scheduled or classified as on the same level as like heroin um and reschedule i think it that means it's a schedule one i believe schedule one same level as heroin cocaine all the hard drugs and he's talking about rescheduling it to three schedule three which is like way way way looser and like hey it's not that bad Um, and he's, he's alluded to it several times this year. And every time, I was going to say, didn't this happen so many times already? So many fucking times. And each time I chase into the marijuana stocks. And then they just over the next few days and weeks just bleed out. And then I finally end up cutting them for a loss. And then they start to go again on the new, you know. And so finally he's been talking about it again. And it's been like, no, this time is for real. And they, the marijuana, stocks have actually been moving and I'm like I can't do it I can't fucking do it again because I
Starting point is 00:58:35 know as soon as I fucking do it's over and they're going to they're going to pull the rug again and it's just which means that if I don't they will go and it's just an impossible situation you understand yeah I mean just looking at looking at I don't know till ray or something it does seem to be climbing here. Yeah, and look at the volume. There's a lot of shares being bought. I mean, Till Ray had, just the other day, had 84 million shares traded at around $11. That is not chump change.
Starting point is 00:59:13 That is the most volume that a lot of these have had in many, many, many, many months. Yeah, I mean, people have been, people have been chasing this news for years now. it's just right around the corner if I just hold these if I just get in now I mean hey maybe they're right so that could be another way to make some money I mean I remember making
Starting point is 00:59:35 a lot of money off weed in like 2017 or 15 whenever it was that Colorado legalized it um weed is too strong now though I was going to say it's
Starting point is 00:59:51 probably an unpopular take around no they've completely fucked up the legalization of marijuana is it between how strong it is and how it just and i know there's going to be people who comment like skill issue dude you got to just do it right or whatever it's just a panic attack waiting to happen every time uh also as some i mean every city i'm in now is just ruined by just dunk everywhere you go oh no i wasn't I guess I don't notice that so much. I just feel like the pot stores are an eyesore. Oh, yeah.
Starting point is 01:00:29 I mean. You want some fucking weed? Come into this and they've got all the fan. It's like if vape, it's like if those little Chinese vapes were a store. Yeah. There's little fuck. Dude, I can't believe. I can't believe those little things.
Starting point is 01:00:47 They've got a full on little screen on it where you could practically watch. Netflix. I mean, what more do you need? Content and nicotine? And it tastes good. It tastes like candy. I will say, I mean, I saw, who knows, really. It was just some bullshitter guy, but he was talking about how he's been pretty hooked
Starting point is 01:01:09 on the nicotine pouches. And, you know, there's a bit more that people aren't saying about the effects of nicotine, which obviously makes sense. I mean. What is it? Well, he was just talking about how he's noticed he went cold turkey on the nicotine patches and has noticed that over the past however many weeks or whatever his cardiovascular health has improved because he's an athlete, not a pro athlete, but he plays basketball with friends
Starting point is 01:01:41 and stuff and he's like, I can feel a massive difference. Something to think about. Well, yeah, because it's a, it's a, it's a, it constraints. your blood vessels nicotine and it um it raises your it raises your blood pressure and constrict your blood vessels that's not good for your circulatory system i like how this athlete's like i noticed them when i stopped using nicotine yeah but to be fair the thing i mean even among my just like cursory research with it it's there are doctors being like we can't find any Outside of the, outside of being addicted to nicotine,
Starting point is 01:02:25 we can't find any real health effects, which is crazy. You're like, how is that possible? Well, I think it's the, that's the key thing is like outside of being addicted to it. I think if you do it in moderation. Yeah, but those things you just talked about, you were like, dude, of course it fucks up your cardiovascular health. Because it sounds like he was addicted to it in that he, you know, his body was physiologically kind of dependent on it in a way. I love and hate nicotine so much. You love it, dude.
Starting point is 01:02:54 You're a little freak. I'm a little freak for it. I love it. You see him hit the group chats? Does anyone have cigarettes? Does anyone have cigarettes? I smoke a couple this weekend. He's like Erica Kirk.
Starting point is 01:03:09 Does anyone have cigarettes? Stop. nicotine is a just lord and we trust in him we love god i love god and that's why i'm glad nicotine gunned my husband down it's it i love seeing elon musk um dance around the you know he's got to try to appeal to his he's now got all these christian fans because of trump he was asked if he believes in God. He's like, I believe, I believe in the creator, yes. Yeah. I don't know if it's, I don't know who it is, but, you know, that was kind of the best one you've done in a long time. That was really good. Really? I liked it. God, I fucking can't stand him. All right. We can probably stop here.
Starting point is 01:04:08 You probably got to take a piss and maybe re-I got to get a date rate. You probably you got to re-up your good rates high yeah this one's this i splashed myself uh all right we'll see you guys in the bonus i'm going to share my riveting um oh he's going to tell us all about these fever dreams he's been having oh dude this the most boring weird stupid fever dream uh and then rob bryner stuff and oh my god we got to talk about what rob bryner well yeah it's a tragedy man All right folks, sorry that we couldn't be there in the studio and hopefully this wasn't too bad an experience for you all this week so back to our regularly stuff, regular stuff next week.
Starting point is 01:04:58 Okay, bye. Coming up on this week's episode of Ben and Emile Show.com. I get a really bad fever and it just, I succumb to it. It happens. I know, I kind of have that feeling every time every time I'm sick like that you're like wow this could just be I don't know if I've ever felt this bad in my life
Starting point is 01:05:17 this could be my last this is how I go out just sweating sweating out all of my shit and yeah I barely I could barely get down I got a hair in my mouth we could see your little fox tongue
Starting point is 01:05:37 a little tongue Rob Reiner Carl Reader It's funny, though, you would think In this case, it's him His dad and his grandfather Yeah, but you'd think Rob Reiner Oh, Jesus, here, hang on
Starting point is 01:05:47 Oh, Doug, Doug, good Look how fucking twisted this looks Oh, wow, you look like you're literally on a beach vacation It looks incredible Well, his daughter is a Olympic horse jumper. I don't even know what they call it, but I'm like, nice. wet screen something yeah uh-huh that's rich people shit you you know you're born into it you go
Starting point is 01:06:15 i want to i want to do something only rich people can do i want to ride a big dog and i want to jump shit uh i think one i think the other kid's just a firefighter in new jersey that's cool classic and what about the other one drug addict oh no no i really hope not

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