The Ben and Emil Show - BAES 131: How to Capitalize on the SpaceX IPO
Episode Date: December 18, 2025Elon 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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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.
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.
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.
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.
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
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.
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?
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,
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
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.
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
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
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
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
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
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.
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.
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.
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.
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.
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
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
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,
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.
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
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...
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
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
Check
To backstop
And support
His acquisition
His son's
His son's lofty goals
Of acquiring
Warner Bros.
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.
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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
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.
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.
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.
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
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
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.
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.
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.
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
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?
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
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.
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
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
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.
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
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
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.
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.
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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.
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
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.
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.
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
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?
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.
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.
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
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
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.
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
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.
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.
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.
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
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
yeah people love these things
they gotta have them
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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
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
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.
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
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
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
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
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
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
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
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.
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
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
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,
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
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
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
Yeah but we're still giving you
The death penalty pal
Hey everybody
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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,
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.
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.
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.
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.
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
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.
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.
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.
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.
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
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
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,
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
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.
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
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
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.
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.
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
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
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,
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.
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.
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.
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.
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
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
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
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
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
