Latest / Elon Musk Podcast / Elon Musk Weekly Update
Transcript
- 0:00Twitter's most iconic symbol, the light blue bird logo, seems
- 0:04to be facing the Twilight, going the way of the dodo, if you
- 0:07will. The decision to retire the bird,
- 0:09which has been at the center of the company's brand since its
- 0:12inception in 2006, marks the latest in a series of dramatic
- 0:17changes under Elon Musk, the platform's owner.
- 0:20Musk, 52 years old now the founder of Tesla and SpaceX,
- 0:24announced via his personal Twitter account, x.com now
- 0:28points to Twitter.com. Interim X logo goes live later
- 0:33today. His post, at once cryptic and
- 0:36clear, signify the impending end of the familiar bird logo.
- 0:40Soon we shall bid adieu to the Twitter brand and gradually all
- 0:44the birds, he added in a later tweet.
- 0:46These words echo his ambition to redefine the social media giant
- 0:50into something that's all-encompassing Now.
- 0:53The distinctive bird logo traces its origins back to Twitter's
- 0:57founding, when the company purchased a stock symbol of a
- 1:00light blue bird for $15, as reported by design website
- 1:05Creative Block. And Twitter's name itself is a
- 1:08whimsical allusion to the sound of birds chattering.
- 1:11Now, however, the future of the platform appears to void of
- 1:14these avian reverences. Musk's connection to the X
- 1:17symbol is not new, though. In 1999 he founded x.com, a
- 1:21company that later evolved into PayPal, one of the world's
- 1:24leading online payment platforms.
- 1:26Now, when Musk, famously known for his ambitious ventures and
- 1:30electric vehicles and space exploration, took over Twitter
- 1:33last year, he dubbed it an accelerant to creating X, the
- 1:37Everything app. Now, this statement gives us a
- 1:39hint of Musk's grand vision to the future of Twitter.
- 1:42Following this direction, Twitter's parent company was
- 1:44subsequentially named X Corporation.
- 1:48Now, the decision to swap Twitter's familiar bird logo
- 1:51with a new one raised eyebrows in the business community.
- 1:55Elon Musk said if a good enough X logo is posted tonight, we'll
- 1:59go live worldwide tomorrow. That's what Musk said, posting
- 2:02the logo changed through at a surprisingly fast pace.
- 2:06And in another statement, he spoke of cutting the Twitter
- 2:08logo off the building with blowtorches, possibly referring
- 2:12to the removal of the old signage from Twitter's San
- 2:15Francisco headquarters. Musk's moves have not been
- 2:18without controversy, though. In the six months since the $44
- 2:21billion acquisition, he's shaken the Twitter world.
- 2:24Despite Twitter's brand toolkit still recognizing the light blue
- 2:28bird as its most recognizable asset, Musk has shown his
- 2:32commitment to charging a new path for the social media giant.
- 2:37Yet this hasn't translated into instant success.
- 2:40Fidelity marked down as holding in Twitter by 2/3 in May, and
- 2:44Kathy Woods, Ark. Investment Management also
- 2:46reduced its stake by 47%, as reported by the Wall Street
- 2:50Journal. Now, to counter the challenges,
- 2:53Musk has set out to revitalize Twitter's revenue streams,
- 2:56primarily focusing on optimizing advertising.
- 2:59Earlier this year in March, he announced plans to enhance the
- 3:01relevance of Twitter's ads, projecting the platform would
- 3:04break even on a cash flow basis in quarter 2.
- 3:07However, the reality proved otherwise as Twitter's cash flow
- 3:11remained in the red. Musk attributed this to a
- 3:13roughly 50% drop in advertising revenue and the company's
- 3:17substantial debt load. Further iterating on his
- 3:21rebranding plans, Musk revealed that Twitter would soon sport an
- 3:24X logo accompanied by a significant color scheme change.
- 3:28He initiated a user poll to change default platform color to
- 3:32black and even hinted at a potential logo design saving
- 3:36like this. But X above an illustration of
- 3:39the iconic bird silhouette against a black backdrop, Elon
- 3:44Musk's unconventional leadership style has been a subject of much
- 3:48debate. Now he continues to make
- 3:50headlines with his decisions at Twitter.
- 3:52And his personal Twitter account, once known for his
- 3:55innovative updates on SpaceX and Tesla, has now transformed into
- 3:58a live chronicle of his overhaul of Twitter.
- 4:01The once playful, bird loving platform is evolving under Musk
- 4:05and whether this transformation leads to a triumphant flight or
- 4:09a crash landing remains to be seen.
- 4:12Could this be the rise of a new Phoenix?
- 4:14However, amid all the upheavals, Musk has not shield away from
- 4:18addressing the challenging financial situation Facing
- 4:20Twitter. He has openly warned that the
- 4:22platform might face bankruptcy risk, a sentiment underscored by
- 4:26the platform's persistent negative cash flow due to a
- 4:29significant drop in advertising revenue and the subsequential
- 4:33debt load move to replace Twitter's long standing bird
- 4:36logo signifies more than just a design change, it represents a
- 4:39shift in identity, philosophy, and perhaps destiny for Twitter.
- 4:43With Elon Musk is at the helm and he's steering Twitter, or
- 4:46now X, into a new chapter in its history, we're going to switch
- 4:50gears from Twitter to Tesla now. And on Friday, a U.S.
- 4:54Federal appeals court indicated its readiness to reassess a
- 4:57recent decision condemning Tesla CEO Elon Musk first purported
- 5:02violation of federal labor laws. The violation reportedly came
- 5:05about in 2018 through Musk's tweet suggesting that employees
- 5:10could lose stock options if they chose to join a union.
- 5:13This reconsideration was triggered by the 5th US Circuit
- 5:16Court of Appeals, based in New Orleans.
- 5:18It granted Tesla's request to revisit the case.
- 5:21Agreeing to engage a panel comprising its 16 active judges
- 5:24and bank review is a significant procedural move, typically
- 5:28implying that the court believes the course possesses substantial
- 5:31importance or the initial decision might have been
- 5:34incorrect. Earlier in March, a three judge
- 5:37panel from the same court had upheld a National Labor
- 5:39Relations. Board or the NLRB Ruling.
- 5:42The NLRB held that Musk's tweet on May 20th, 2018 constituted an
- 5:47unlawful threat with potential discouraging impacts on
- 5:51unionization efforts at Tesla. As per this ruling, Musk was
- 5:54directed to delete the offending tweet.
- 5:57The tweet came into focus when the United Auto Workers Union
- 6:00was seeking to organize employees at Tesla's plant
- 6:03located in Fremont, CA. To organize employees at Tesla's
- 6:07plant located in Fremont, CA, the Musk's tweet read.
- 6:11Nothing stopping Tesla team at our car plant from voting union
- 6:15could do so tomorrow if they wanted, he wrote.
- 6:17But why pay union dues and give up stock options for nothing?
- 6:21The appeals courts panel identified substantial evidence
- 6:24that the tweet posed an implied threat to end stock options as
- 6:28retaliation for unionization. Now arguing for a
- 6:32reconsideration, Tesla raised free speech concerns, arguing
- 6:35that the NLRB disregarded several key factors.
- 6:39Firstly, no employees allege that Musk's tweet threatened
- 6:42them. Secondly, Musk didn't intend to
- 6:45threat anyone. Finally, Musk later clarified
- 6:48that his tweet wasn't intended as a threat.
- 6:51At the time of the report, both the NLRB and Tesla, along with
- 6:54their legal teams, haven't responded for any of our
- 6:58comments. Now, the final decision on the
- 7:00case isn't expected before 2024, though it's important to note
- 7:04that out of the 16 active judges on the appeals court, 12 were
- 7:07appointed by Republican presidents, potentially
- 7:10influencing the ideological balance of the bench.
- 7:13This isn't the first time that Musk's Twitter activities have
- 7:15landed him in legal hot water, though.
- 7:18In August 2018, he tweeted about having quote funding secured for
- 7:22taking Tesla private. This resulted in a US Security
- 7:25is an Exchange Commission lawsuit, as the funding claim
- 7:28turned out to be false. Subsequently, Musk and Tesla had
- 7:31to collectively pay $40 million in civil fines to settle the
- 7:35lawsuit. Now, despite these legal
- 7:37tangles, Musk's business empire remains unscathed.
- 7:40As per Forbes magazine, Musk's fortune stands at $236.4
- 7:46billion, making him the second richest person globally.
- 7:50In an unexpected move last October, he acquired Twitter for
- 7:53$44 billion, stirring a new era of leadership for the social
- 7:57media giant, and the forthcoming reconsidering of Musk's case
- 8:00presents a fresh opportunity for the tech mogul to defend his
- 8:03stance. It remains to be seen how this
- 8:06unprecedented legal battle unfolds and its potential impact
- 8:09on unionization efforts within the tech industry are now.
- 8:12Regardless of the outcome, though, the case underscores the
- 8:15rising tension between the tech, labor movements and industry
- 8:18leaders. In the Today, we're going to be
- 8:20looking into a significant development in the electric
- 8:23vehicle space that's going to transform the North American
- 8:26landscape. It's a new comprehensive
- 8:29electric vehicle charging network set to span across the
- 8:32United States and Canada. This is a joint venture backed
- 8:36by some of the largest players in the auto industry, including
- 8:39BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz and
- 8:45Stalantis. These industry leaders are
- 8:47coming together with the aim of making EV charging as convenient
- 8:51as possible for users. This will revolutionize how we
- 8:55charge our EV's. Now in addition to that, we'll
- 8:58also be discussing Rivian, another EV maker.
- 9:01Now this is about the CEO of Rivian, and they share their
- 9:04perspective on companies that are truly committed to renewable
- 9:07energy and the importance of consumers understanding the
- 9:10source of their power consumption, where everything
- 9:13comes from. We'll take a little dive into
- 9:15that and also the future of EV charging.
- 9:18So there's a lot to uncover in today's episode, and I promise
- 9:22that it'll be a nice, thought provoking discussion that you
- 9:25won't want to miss. So stay with us.
- 9:27We'll take a quick break for some important messages from our
- 9:29sponsors and we'll be back to delve deeper into these
- 9:33developments in the electric vehicle industry.
- 9:37All right, welcome back, everybody.
- 9:39This is a major step for electrification in the auto
- 9:42industry. This is a global consortium of
- 9:44automakers comprising of BMW, General Motors, Honda, Hyundai,
- 9:49Kia, Mercedes-Benz and Solantis and this is a joint venture to
- 9:54build a comprehensive EV charging network across the US
- 9:58and Canada. This is a formidable grouping,
- 10:01currently unnamed. They don't have a name yet, and
- 10:03they. Pledged to erect user friendly
- 10:05DC fast chargers along the highways and within urban
- 10:08environments of the US and Canada, the plan aims to install
- 10:12at least 30,000 high speed EV chargers by 20-30, with the
- 10:17initial one set to become operational by the summer of
- 10:202024 in the US. Now, to fulfill this goal, this
- 10:24group intends to harness the national electric vehicle
- 10:28infrastructure or the NEVI funding in the US and draw from
- 10:33both private and public funding at the state and federal levels.
- 10:37So they're getting the government and the taxpayers to
- 10:39pay for most of this. And the current EV charging
- 10:42landscape is mainly Tesla Superchargers and Electrify
- 10:47America stations dotted all across the United States.
- 10:51Now these stations are typically installed in strategic locations
- 10:54where people can shop, they can go out to eat, or they can use
- 10:58restrooms. And in line with this, the
- 11:00proposed new chargers will be positioned along routes leading
- 11:04to holiday destinations and within major city limits.
- 11:08Now, these new charging stations promise seamless connection and
- 11:11charging capabilities for EV models manufactured by the
- 11:15partner automakers. This eliminates the need for
- 11:17consumers to navigate between different charging station
- 11:21applications, thereby ensuring a smooth user experience.
- 11:25The venture also seems to incorporate the emerging plug
- 11:28and charge standard that the Federal Highway Administration
- 11:32is striving to standardize, Mary Bera, the CEO of General Motors.
- 11:37Voiced her support for the initiative, saying the better
- 11:40experience people have, the faster EV adoption will grow.
- 11:44She pointed to the current issue plaguing many charging networks,
- 11:47which require unique apps and suffer from reliability
- 11:50concerns. Notably, Tesla's Supercharger
- 11:53network hailed us among the best globally will accommodate
- 11:56vehicles from automakers including Ford, GM, Volvo and
- 12:00more, all without necessitating activation via an app.
- 12:05In line with global sustainability initiatives, the
- 12:07joint venture plans to have its operation fully powered by
- 12:11renewable energy. Although it's unclear whether
- 12:14the renewable energy will directly power the stations or
- 12:17whether the companies will purchase credits.
- 12:19Is eco conscious approach is indicative of the industry's
- 12:22increasing shift towards sustainable practices.
- 12:25Now Canadians are great Neighbors to the North will have
- 12:29to wait until a later stage before the initial charging
- 12:32stations are installed. All stations will include
- 12:34standardized Tesla North American Charging standard
- 12:38ports, the NECS and the widely used Combined Charging System
- 12:42plugs, the CS. This announcement comes at a
- 12:45time when the environmental credentials of companies are
- 12:48under scrutiny. Now the Rivian CEO expresses
- 12:51frustration at companies overstating their green
- 12:53achievements. He believes consumers can't
- 12:56discern the difference, and the companies often hide the true
- 12:58source of their power consumption, he said.
- 13:01This is just so conceptually complex, drawing a clear line
- 13:05between companies that invest in renewable energy to offset their
- 13:09emissions and those who merely want to pay a teeny little
- 13:12incremental amount more to get the ability to pat ourselves on
- 13:16the back and say we're using renewable energy.
- 13:19That's what they said. Now they position Rivian as a
- 13:22company that aspires not only to offset its own carbon emission,
- 13:26but also to contribute to the creation of new renewable energy
- 13:30capabilities. This commitment led him to
- 13:32support the development of a new solar energy center in Kentucky
- 13:36built the top of former coal mine.
- 13:39Now the mine Starfire, once bustling with miners hauling
- 13:43millions of tons of coal annually, is set to be
- 13:46transformed into a solar farm, aiming to generate 800 megawatts
- 13:50of energy, enough to power 160,000 homes per year.
- 13:55Bright Night, a company based in Florida, which is a solar
- 13:59company, is additionally constructing A10 mile
- 14:01transmission line to add another GW of power capabilities in the
- 14:05future. A Rivian has committed to
- 14:08purchasing 100 megawatts of energy from the project under a
- 14:11virtual power Purchase agreement, the PA, which means
- 14:15the power is clean energy and it won't directly power Rivian's
- 14:20electric vehicles or its corporate infrastructure.
- 14:23However, it will contribute to powering up to 450,000,000 miles
- 14:28of renewable driving every year. Now, the commitment to renewable
- 14:31energy doesn't stop with Rivian, though.
- 14:33Other automakers like Solantis and Mercedes-Benz have also
- 14:36signed on to virtual Ppa's to help meet their sustainability
- 14:40goals. Now, virtual Ppa's are growing
- 14:42in popularity amongst American corporations, and in 2021,
- 14:47corporations purchased a record 31.1 gigawatts of clean energy,
- 14:51which was over 10% of all new renewable energy capabilities
- 14:56added worldwide that year. Tech giants like Amazon, Meta,
- 15:00Microsoft, and Google accounted for more than half of those
- 15:03agreements. Now, the Rivian CEO asserted
- 15:07that without these virtual Ppa's, many renewable energy
- 15:11projects wouldn't even get off the ground.
- 15:13The commitment to the purchase power for these projects ensures
- 15:16their financial viability and their completion, and Rivian's
- 15:20commitment to the solar project in Kentucky shows that they're
- 15:23in it for the long haul. Rivian also champions
- 15:26transparency and reporting environmental impact.
- 15:28It's striving to achieve Scope 3 neutrality.
- 15:32This is an objective that means the company aims to eliminate
- 15:35all indirect emissions from its supply chain and the life cycle
- 15:38of the Ev's it produces. Moreover, Rivian plans to offer
- 15:42a package allowing drivers to match their charging regardless
- 15:46of location with renewable energy Now.
- 15:48This commitment to offsetting carbon emissions positions
- 15:51Rivian as an industry leader in the shift towards renewable
- 15:54energy. Now this collective venture of
- 15:57global automakers to build this new EV charging network is a
- 16:01huge move and this will electrify an eco conscious
- 16:06future for the automotive industry.
- 16:09Now the commitments towards renewable energy signals a shift
- 16:13towards sustainable practices in the automotive sector that we've
- 16:16never seen before and hopefully will help promote wider EV
- 16:20adoption in the future. Thank you so much for listening
- 16:23to the Elon Musk podcast today. I really do appreciate your
- 16:26support and I appreciate you spending your time here with me
- 16:28today. If you could take a second and
- 16:30please hit the subscribe or follow button on your.
- 16:32Podcast platform of choice. I greatly appreciate it.
- 16:35It helps out the show a lot. So thanks so much everybody.
- 16:38Please take care of yourselves and each other and I will see
- 16:40you in the next one. And then in this update, we're
- 16:42going to be the Starship program.
- 16:44And after the initial Starship launch ended in a dramatic
- 16:47explosion above the Gulf of Mexico, the company's forward
- 16:50momentum has stalled on the launch front.
- 16:53Three months have passed since the incident and the company's
- 16:55yet to submit a final accident report to the Federal Aviation
- 16:59Administration or the FAA. Now this indicates that the
- 17:03rocket program remains grounded for now, and the second launch
- 17:08may not happen this summer, unlike what Elon Musk has said
- 17:13now overseeing the investigation into April 20th launch.
- 17:16The FAA stated on Wednesday that it still awaits the critical
- 17:20report that will identify the necessary corrective measures
- 17:25SpaceX must undertake before gaining clearance for another
- 17:28launch from Boca Chica Starbase, Texas.
- 17:31And an FA spokesperson avoided conjecture regarding the
- 17:34potential completion date for the agency's investigation,
- 17:38explaining that public safety and actions yet to be taken by
- 17:41SpaceX. Will dictate the timeline.
- 17:44Now, according to the FA, any return to flight operations will
- 17:48only be sanctioned when it is determined that any system,
- 17:51process, or procedure related to the mishap does not affect
- 17:55public safety or any other aspect of the operator's
- 17:58license. Now, they emphasize that the
- 18:00mishap investigation is still ongoing, though now adding to
- 18:03the situation's complexity. SpaceX is also trying to modify
- 18:08its current license, which was suspended after the first
- 18:12launch. Now, despite these regulatory
- 18:15roadblocks, though, Elon Musk and SpaceX are projecting a
- 18:19swift return to launching operations.
- 18:21The company, which is held privately, has been showcasing
- 18:25repairs to its orbital launch mount now.
- 18:27This facility sustained significant damage from
- 18:30starships first launch, raising public safety and environmental
- 18:33concerns. The rocket, after a chaotic
- 18:36liftoff and loss of control, was annihilated over the Gulf of
- 18:40Mexico and while dealing with the aftermath, SpaceX has made
- 18:44enhancements to its launch site. Among the new editions is a
- 18:47steel plate designed to shield the pad in future test launches.
- 18:51Last week, the company shared on Twitter that it transported a
- 18:54new super heavy booster prototype to the pad.
- 18:57For testing ahead of Flight A Continuing its updates on
- 19:02Monday, SpaceX revealed that it's completed propellant load
- 19:05tests on two different boosters, Booster 9 and Booster 10.
- 19:09Images displayed the boosters glazed with frost after being
- 19:12filled with liquid methane and liquid oxygen.
- 19:15The absence of a completed investigation report and the FAE
- 19:19approval for another launch suggest that Musk's timeline for
- 19:22resuming test flights may be overly optimistic.
- 19:26Musk, who's also responsible for Tesla, the Boring Company
- 19:29Nurlink Operations, as well as Twitter, has stated on June 13th
- 19:33that the Starship would be ready for another launch within 6 to 8
- 19:37weeks, aligning with the end of July or early August time frame.
- 19:42A SpaceX Starship, the world's most powerful rocket, was
- 19:46launched from its Starbase facility at Boca Chica on April
- 19:4920th of this year. It managed to clear the launch
- 19:52tower, which Elon Musk said was a hope at most and at recent
- 19:57altitude, of 24 miles above Earth before culminating in an
- 20:01uncontrolled explosion over the Gulf of Mexico.
- 20:04At liftoff, though, the Rockets 33 Raptor engines fired up, but
- 20:09there were only 31 that were actually firing, and they also
- 20:13fired chunks of concrete and metal from the launch site
- 20:16across 385 acres, igniting wildfires and kicking up a dust
- 20:20storm of pulverized concrete, scattering debris.
- 20:24Possibly up to 6.5 miles away from the launch site.
- 20:28Must conceded the launch had caused an unforeseen rock
- 20:31tornado under the Starship Super Heavy, his booster stage during
- 20:34liftoff and despite the havoc, he insisted there were no
- 20:37significant environmental damage.
- 20:39And since the launch, SpaceX has progressed.
- 20:41At the launch compound has been closely monitored, and since the
- 20:45three months this Starship debuted, SpaceX has made a huge
- 20:49amount of progress on the hardware of the boosters and the
- 20:53ships, and also on the launch site ground systems down to
- 20:58Starbase, Boca Chicas, Texas. Now, despite the optimism,
- 21:01SpaceX still has legal hurdles to overcome before resuming
- 21:05flight testing from Starbase. Along with the FAA, SpaceX is a
- 21:09codefendant in a federal lawsuit contesting the FA A's initial
- 21:12approval of the Starship launch program, and the suit was filed
- 21:16by environmental and indigenous groups that challenge the FA A's
- 21:19review and approval of Spacex's plans.
- 21:22The plaintiffs are pushing for the agency to carry out an
- 21:25environmental impact statement, a process that can potentially
- 21:28ground the rocket program for many years to come.
- 21:31Now, the suit alleges that the F approval violated federal laws,
- 21:35including the National Environmental Policy Act, due to
- 21:38an adequate consideration of potential harm to wildlife.
- 21:41The FA and SpaceX have largely denied these allegations and
- 21:44court filings and have requested the lawsuit's dismissal.
- 21:47SpaceX is the most valuable aerospace and defense company in
- 21:50the United States, and the company has asked to intervene
- 21:53in the lawsuit, citing a direct subsequential economic interest.
- 21:57Now Musk has stated the SpaceX has invested 3 billion dollars
- 22:00since 2014 and developing the Starbase facility, and the
- 22:04facility is pivotal to the company's growth though, with
- 22:06plans to use Starship for launching more Star Link
- 22:08satellites into orbit and returning NASA astronauts to the
- 22:12moon with the Artemis 3 program. Musk also has ambitions to use
- 22:16the reusable rocket to transport human beings to Mars for the
- 22:20first time. Now, after the initial Starship
- 22:22launch, Musk stood edit this out.
- 22:25After the initial Starship launch, Musk said he expected to
- 22:28spend an additional $2 billion on the rocket program, hoping to
- 22:32attempt at least five launches by the end of 2023.
- 22:36However, the test is in limbo right now, and NASA has actually
- 22:40voiced concerned over Spacex's ability to have its lunar Lander
- 22:44version of Starship ready in time to carry astronauts to the
- 22:47moon. According to the space agency
- 22:49schedule in early June, NASA indicated that it's Artemis 3
- 22:53moon mission originally planned for late 2025, is likely to be
- 22:57postponed until 2026 due to Spacex's complications with the
- 23:02Starship program. NASA's associate administrator
- 23:05Jim Free commented on the situation.
- 23:08They said with the difficulties the SpaceX has had, that's
- 23:11really concerning. Meta Platforms, who was led by
- 23:14CEO Mark Zuckerberg, is strategizing on how to boost
- 23:18user retention on the recent launch of Threads.
- 23:20The direct rival of Twitter, now the text based social media app,
- 23:24experienced a significant user dropoff following its highly
- 23:28anticipated debut, according to a statement by Zuckerberg during
- 23:31an internal town hall on Thursday.
- 23:34Despite a falloff in engagement, the company's leadership noted
- 23:37that the user retention rate is above expectations.
- 23:40Although not without room for improvement and the app
- 23:43experienced A surge of signups at launch with numbers exceeding
- 23:46100 million, the retaining these users proved very challenging
- 23:50for meta, Zuckerberg stated. We have more than 100 million
- 23:54people sign up and it would be incredible if all of them, or
- 23:57even half of them stuck around. We are not there yet.
- 24:00Nonetheless, the CEO termed this dropoff as a normal trend in app
- 24:04usage. Following the initial excitement
- 24:06of a new product launched, he further predicted an increase in
- 24:09user retention. As a company plans to introduce
- 24:12new features to Thread soon. This includes a desktop version
- 24:15of the app and advanced search functionality to enhance user
- 24:18experience. Now struggling to implement more
- 24:21retention driving hooks, Meta aims to encourage users to
- 24:24continuously engage with the app.
- 24:26One proposed strategy was mentioned by the company's Chief
- 24:28Product Officer, Chris Cox, who suggested integrating threads
- 24:32with Instagram, ensuring important threads are visible to
- 24:35Instagram users. The company, however, declined
- 24:38to comment further. On that matter now, Medis
- 24:41executives share their insights a day after presenting an
- 24:44optimistic growth revenue forecast that impressed
- 24:47investors, signifying a potential turnaround for the
- 24:49tech company. Now, the firm faced criticism
- 24:52over its substantial investment in the Metaverse in 2020, an
- 24:55investment that coincided with a downturn in advertisement sales.
- 24:59This revenue forecast disclosure boosted Medishares by 8% on
- 25:04Thursday, indicating renewed investor confidence.
- 25:07Now, Zuckerberg expressed optimism about the company's
- 25:09progress in developing augmented and virtual reality technologies
- 25:13that willpower the Metaverse. He affirmed that they were not
- 25:16significantly ahead, but progressing as planned.
- 25:19CEO highlighted the importance of investing in these
- 25:22technologies early, especially given the competition from tech
- 25:26giants like Apple, Google, and Microsoft, Zuckerberg said.
- 25:30We have to have all the tools ready for when this is ready for
- 25:33prime time. The company also drew attention
- 25:35to its artificial. Intelligence model Lama Two
- 25:38which was released earlier this month.
- 25:40It is freely available for commercial use to any developer
- 25:43with services having fewer than 700 million users.
- 25:47And according to Cox, the model has already received over
- 25:50150,000 download requests in the week following its release.
- 25:54Following its record-breaking launch Threads, has faced
- 25:57dwindling user engagement, however, rival Elon Musk, who
- 26:00acquired Twitter last year. Should not start celebrating
- 26:04quite yet. On Wednesday, Zuckerberg shared
- 26:06Meta's comprehensive plan to enhance threads and eventually
- 26:10overpower Twitter in the social media landscape.
- 26:12He said we have a lot of basic work to do now.
- 26:15The CEO highlighted the importance of testing and
- 26:18introducing features the users enjoy, while simultaneously
- 26:21ensuring that these features encourage consistent app usage.
- 26:25And Zuckerberg also pointed out that while threads had seen a
- 26:29user drop off. Its monetization was not an
- 26:32immediate concern. The focus for now was on scaling
- 26:35the user base to hundreds of 1,000,000 Threads emerge as an
- 26:39alternative Twitter, especially following Musk's radical changes
- 26:42to the platform after his $44 billion acquisition.
- 26:45And this caused a portion of Twitter's user base to seek
- 26:48other platforms for real time online Conversations developed
- 26:52in less than six months with a team of just 15 engineers.
- 26:56Threads recorded over 100 million users within a week of
- 26:59its launch and unprecedented achievement for a social media
- 27:02app. And despite the current lull in
- 27:05user engagement, Meta remains optimistic about Threads.
- 27:07Future The company plans to introduce several updates in the
- 27:10coming months and years. One recent update includes a
- 27:13follow content feed now discussing Metas, track record
- 27:16and standalone app development. Zuckerberg acknowledged the
- 27:19company's limited success beyond original services like Facebook
- 27:23and acquired platforms like Instagram and WhatsApp.
- 27:26And taking cues from venture capital strategies, where
- 27:29several investments are made with only a few yielding
- 27:32substantial returns, he suggested that Threads could be
- 27:36their rare success. The CEO attributed the
- 27:38opportunity to the controversial changes on Twitter under Musk's
- 27:41leadership, he said. I'm optimistic about where we
- 27:44are, and it's a long road ahead. There's a journey for Zuckerberg
- 27:49and the Threads team, and that journey is to have the first
- 27:53social discourse app. To reach 1 billion users, it's
- 27:57in a huge, huge announcement from TikTok, the social media
- 28:00giant, they've unveiled a feature that permits users to
- 28:03post text only content. This marks a significant
- 28:07milestone for TikTok, opening up a whole new channel of
- 28:10communication and storytelling for its community of video
- 28:13makers. Now the strategic move widely
- 28:15regarded as a challenge directly to Elon Musk's rebranded social
- 28:20media venture X, which is previously known as Twitter.
- 28:23Places the Chinese app at the forefront of the dynamic digital
- 28:26world's evolution and as of Monday, Tik Tok's creators have
- 28:29an additional string to their bow of content creation
- 28:32capabilities. The new feature allows creators
- 28:35to opt for a text only format in their posts.
- 28:38This pioneering change aligns perfectly with Tik Tok's
- 28:40missions to broaden options for creators and facilitate their
- 28:44creative process along the way. It provides them with more
- 28:47freedom and flexibility and how they share their ideas.
- 28:51A representative from TikTok said text posts are a game
- 28:54changing feature, expanding the boundaries of content creation
- 28:58for everyone at TikTok, and they aim to give the written
- 29:02creativity which was once confined to the margins and
- 29:06comments, captions and within the videos themselves.
- 29:09Now they have a dedicated space on the platform.
- 29:12In this modern era where video and image content predominantly
- 29:15command attention, Tik Tok's latest update is a testament to
- 29:19the company's recognition of the power in appeal of the written
- 29:21word. A platform has always been a
- 29:23powerhouse of creative content, with users leveraging its tools
- 29:27to share personal stories, choreographed dances, comedic
- 29:30skits and much more. And the introduction of text
- 29:33posts only extends this creative range, facilitating new ways for
- 29:38users to share everything from poignant stories to recipes to
- 29:42poems. Now, Tik Tok's Text Post feature
- 29:46offers a simple and straightforward creation
- 29:48process. Users can navigate to the camera
- 29:50page, which previously offered photo and video content creation
- 29:54options. Alongside these options sticks a
- 29:57new text option. And selecting this directs the
- 30:00user to a dedicated text creation page where they can
- 30:03pour their thoughts and creativity into the text of
- 30:06their posts. Now, despite the textual focus,
- 30:09the new text posts are by no means static or dull.
- 30:12On the post page, users can discover a host of enhancement
- 30:15options to make their text posts as dynamic or interactive as
- 30:19their video or photo posts. They can add sound to their text
- 30:22posts, a feature that keeps true to TikTok score experience and
- 30:26can elevate the post tone or the mood.
- 30:28Location. Tagging and enabling comments
- 30:30and duets make the text posts interactive, while stickers and
- 30:34a variety of background colors and a visual element, making the
- 30:38text posts appealing and distinctive.
- 30:40And perhaps what are the best features of this new iteration
- 30:44is a direct challenge to Musk's X.
- 30:46It's the ability for text posts to include tags and hashtags.
- 30:51Users can tag other TikTok accounts, a valuable tool for
- 30:54collaborative content creation, or to credit sources or
- 30:57inspiration. And the hashtags allow creators
- 31:00to connect their content with trending topics or threads,
- 31:03decreasing the reach and visibility within the broader
- 31:06TikTok community. TikTok, owned by Chinese
- 31:09multinational technology company Byte Dance, has been soaring in
- 31:13popularity across the globe and in contrast, Musk's takeover of
- 31:17Twitter, now known as X in October, has been tumultuous.
- 31:20His 10 year has witnessed a wave of layoffs, A precipitous drop
- 31:24in advertising revenue, and a series of controversial changes
- 31:28to the platform's verification policy, stirring unease within
- 31:32the company's platform and the user base.
- 31:35Now the landscape of social media platforms is evolving and
- 31:38companies relentlessly innovate to retain their users and
- 31:42attract new ones. And the launch of Tik Tok's Text
- 31:45Only Post feature may therefore come as a significant blow to
- 31:48Musk and X. As it gives TikTok a
- 31:51considerable edge in terms of user engagement and content
- 31:55diversity. However, the challenges that
- 31:57Musk faces do not end with TikTok Meta, Facebook's parent
- 32:02company, has recently made its foray into the social media
- 32:05rivalry with a launch of Threads, a new platform that
- 32:08seems to have struck A chord with users worldwide.
- 32:11Now the site reported a staggering 100 million user sign
- 32:14ups in its inaugural week, signaling A potentially
- 32:17disruptive player in the social media domain.
- 32:19Meanwhile, in the midst of these significant shifts, Musk
- 32:22initiated a new chapter for Twitter on Monday, rebranding it
- 32:26as X, complete with a fresh website domain and a new logo,
- 32:30And it's yet unclear what impact this rebranding will have on the
- 32:33platform's user base and its future growth.
- 32:36However, it certainly cements the notion that the world of
- 32:39social media is still in a state of flux, and these platforms
- 32:43must constantly innovate to stay relevant and competitive.
- 32:47Talks text post feature. While seeming simple at first
- 32:50glance could have far reaching implications for the platform in
- 32:53the social media landscape as a whole.
- 32:56By acknowledging and celebrating the power of the written word,
- 32:58TikTok may inspire a new wave of creators who prefer expressing
- 33:02themselves through text. And for the community of
- 33:05writers, poets, critics and thinkers who might have found
- 33:08the video centric nature of TikTok daunting or ill fitting
- 33:11to their mode of expression, this is a welcome change.
- 33:14And at the same time, for existing TikTok creators, the
- 33:17feature adds another layer to their content creation
- 33:19abilities. Again, now complement the videos
- 33:21with written content, providing more context, reflections or
- 33:24narrative to their followers. This can potentially enhance the
- 33:28engagement and resonance of their content.
- 33:31A Tik Tok's latest innovation reiterates its commitment to
- 33:33empowering creators and enhancing the user experience
- 33:37over there. As the platform steps into the
- 33:39textual content sphere, it remains to be seen how it will
- 33:43compete with X and Metas threads.
- 33:47Now these innovations will continue to happen and these
- 33:51platforms will continue to. Compete for the foreseeable
- 33:53future and the race is on for the most dominant social media
- 33:57platform on the planet. Thank you so much for listening
- 33:59to the show today. I appreciate all of you out
- 34:02there. So please, if you could take a
- 34:04second and hit the subscribe or follow button on whatever
- 34:07podcast platform you're on right now, greatly appreciate the
- 34:09help. We're going to be talking about
- 34:11Starbase. We're going to be talking a
- 34:12little bit about Falcon Heavy and the upcoming mission on the
- 34:1526th, and we're also going to be talking about SpaceX and
- 34:20whatever comes to our mind. So first, there's nothing
- 34:23happening at Starbase. No.
- 34:24And no testing happening. Nothing happening at Starbase.
- 34:28There's a bunch of stuff happening at Starbase, but
- 34:30there's no testing. Larger testing and like
- 34:32cryogenic testing or things that could close down the roadways
- 34:35for the foreseeable future. Closures were canceled for the
- 34:3824th and the 25th of this week, so we're going to be moving on
- 34:42hopefully to maybe later this week, I'm 100% sure about that.
- 34:48But they already did some testing on booster and they've
- 34:50already done a bunch of testing on the ship.
- 34:52So it seems like the next step would be to maybe.
- 34:56I don't even know what the next step would be because they have
- 34:58the whole deluge system they have the OLM is.
- 35:01Revamped There's so many things that could happen and we don't
- 35:05know the procedure for that anymore.
- 35:08And last week we've seen. Testing on Chip 25 we've seen.
- 35:12Testing on boosters 9 and 10, the Orbit launch mount also got
- 35:17tested fully, so we've seen the Dellage system, we've served
- 35:20like the new plane. At the bottom we've seen the
- 35:23quick disconnects, both of them working.
- 35:25The Obviously the chopsticks are working because they lifted up
- 35:28Booster 9 to put it on the launch mount.
- 35:30So it seems like it's a fully. Functional stage zero.
- 35:37It looks like it, yeah. It seems like they're in a spot
- 35:40where they could what they know more now than they did before
- 35:45the first launch. It seems like they've got the
- 35:48processes figured out. They have, They've streamlined a
- 35:51lot of the processes because they need to be able to crank
- 35:53these things out. They want to launch two or three
- 35:56a day at some point. We'll.
- 35:58Have to see that. That would be insane.
- 36:01I wouldn't know what to think at that point.
- 36:04Yeah, it's pretty impressive to watch how the last what, three
- 36:09months, I guess it's been or so since the first one, since the
- 36:12first orbital attempt and all the changes.
- 36:16And they're coming out of this way stronger than they went into
- 36:19it. And it should be really
- 36:21interesting to see. And as is typical with SpaceX,
- 36:24once they do something once. They know they've got it and
- 36:28they move on to the next thing. So they've already launched this
- 36:30once. It didn't make it to orbit had
- 36:33some issues but they've already designed it once so they know
- 36:36what they're doing and now they're just moving on to what
- 36:38the next stage whatever that is, fixing the over the launch mouth
- 36:41and all those things tread looking into the hot fire
- 36:43situation which I'm not exactly sure how that's going to figure
- 36:48that in the end but. We'll see, yeah.
- 36:50The separate the stage separation is going to be the
- 36:53most exciting part. The launch, I think they're
- 36:56going to be Okay. I don't know.
- 36:57We're not 100% sure if they're going to be okay with that one,
- 37:00but the stage separation is going to be wild.
- 37:04But it's going to. If the engineers and everybody
- 37:07at SpaceX thinks that's the way to go, it seems like a really
- 37:11proper way to separate this thing because it is freaking
- 37:13massive. Yeah.
- 37:14Do you know, do you know if Booster 9 and Ship 25 are set up
- 37:19for that? I don't believe they are.
- 37:20I don't believe they're set up for separation.
- 37:23Elon said something about it in a tweet, but I'm not exactly
- 37:27sure what he said about it or what booster or ship will be for
- 37:31a separation like that. It might be, they might have
- 37:33already set it up, but I like I've seen all the pictures and
- 37:36the videos and things of the booster I'm.
- 37:39Sure, but I'm pretty sure it's still in development stage.
- 37:43Yeah, these two vehicles are designed for it.
- 37:46Yeah, it seems like a new thing where they're like, ooh, that
- 37:50didn't work. They'll probably want to test
- 37:51that masses or something, but want to test a fire on the Dome
- 37:55to make sure that it's not going to melt through or whatever.
- 37:57Yeah, I'm trying to get it, I guess, to you.
- 38:00Yeah, I don't believe that. I don't think these are set up
- 38:03for sure. Yeah, I don't think so either.
- 38:05Like you and I were talking before the broadcast started
- 38:08about the massiveness of this rocket and how, like, how big.
- 38:12And I always say it like every time I get online, I'm like,
- 38:14this thing's frigging huge. Yeah, but this shows.
- 38:17Think about how big your car is. And how big you are.
- 38:22And then look at the scale of this compared to a vehicle, like
- 38:24just a regular car. It's absolutely massive.
- 38:27So getting so crazy, it still blows my mind.
- 38:32Like I've seen in person, so I know how big it is, but just
- 38:35even seeing pictures of it, I'm like, okay.
- 38:38This reminds me how big massive it is.
- 38:41To think about launching A skyscraper.
- 38:43They're basically launching A skyscraper to orbit.
- 38:47And how do they do that 30? 3 Raptor engines and that works
- 38:53like. That's a lot of fuel.
- 38:55That's a. Lot of awful, lot of fuel, awful
- 38:58lot of thrust. And they made.
- 39:00It off the pad. Last time, so the deluge system
- 39:02was tested. We know that.
- 39:05We know the deluge system was tested and it.
- 39:06Do you think they're going to do a static fire with the deluge
- 39:09system to test this deluge and the static fire at the same
- 39:13time? Absolutely.
- 39:14Yes, absolutely. Yeah.
- 39:16I was just thinking about that well before we went on as well.
- 39:18Yeah, I think that every static fire from a booster from now on,
- 39:21we'll have the deluge running. Yeah, I think so too.
- 39:24I think it's ongoing testing as well as protection of the launch
- 39:28map. Yeah, sure.
- 39:29And as long as obviously the deluge system works and it
- 39:32doesn't completely need to rip it apart, I get to the Country
- 39:35class. The Skip real, real quick back
- 39:38to how big this thing is. Rocket Future Andrew C at the
- 39:42Rocket Future on Twitter. You can see a person.
- 39:47This is the this is like 1/4 of the way up this thing.
- 39:50Yeah. And what a beautiful shot.
- 39:53A great shot. Yeah.
- 39:55And I don't even understand how these people have the nerve to
- 40:00get into this lift, for one. Because I'm afraid.
- 40:03Of heights, but two. And then they have to do like
- 40:06one of the world's most complicated engineering feats.
- 40:09So they have the pressure of, Oh yeah, I'm 150 feet off the
- 40:12ground or whatever. So I have to do these things
- 40:15that are crucial to get this thing off the ground and not
- 40:18blow up. So, yeah, obviously.
- 40:20That's the Rocket Garden. I'm not sure exactly what ship
- 40:23he's working on. My guess in this Booster 10.
- 40:25I don't know why they would be. Have anybody up on one of the
- 40:28retired boosters, if you will? Yeah.
- 40:31My guess is that's Booster 10, but I haven't confirmed that you
- 40:34just saw that picture just before we go on.
- 40:36Yeah, shout out to anybody that goes up in these things and
- 40:40shout out to. Andrew C from The Rocket Future
- 40:43for taking beautiful shots repeatedly at Starbase.
- 40:46So at the Rocket Future on Twitter you'll follow him.
- 40:51Awesome dude. And also awesome shots.
- 40:54Booster 9, like we said, was lifted up onto the launch mount.
- 40:58What a beautiful shot to like. How cool is this?
- 41:00Yeah, gorgeous. They got the shot from below and
- 41:02also all the stars and above in the sky.
- 41:05It's such a cool shot. And the lighting on the launch
- 41:09mount, it makes it look just illuminated and amazing.
- 41:12And chopstick as you said before they work, which is great.
- 41:17Apparently they seem to be working fine as can you notice
- 41:20the there's some cladding at the bottom of the launch tower to
- 41:24see that there's some. It looks like there's some
- 41:25reinforcements at the. For sure, yeah.
- 41:27At the tower, it looks like they figured.
- 41:30Out. The plan actually was to clad
- 41:31the entire tower in something, whether it was going to be as
- 41:35protective as this is. I don't know, but so this
- 41:38certainly seems to be productive.
- 41:40I love this shot because it looks like there's camo drawn
- 41:42all over the Starship because of the shadows.
- 41:44I. Didn't even notice that.
- 41:46Who star should say it looks like it looks really futuristic?
- 41:49Yeah, that's really cool. Yeah.
- 41:52I didn't even notice that. Wow.
- 41:54Yeah. And then there's another one
- 41:56they have from a little bit different angle.
- 41:58But yeah, it's still the Texas night sky, which is absolutely
- 42:01beautiful. That's one thing that I can say
- 42:04about. My time down there is that you
- 42:07could see all the stars, everything, because it was 25
- 42:12miles away from Brownsville and everything else.
- 42:15You could look up and you could see everything.
- 42:17I would spend some nights down there just to get away from the
- 42:21lights of the city and I would just go to the beach late at
- 42:24night, just hang out, look at the rocket and just stare up at
- 42:27the stars. I would just lay on.
- 42:28I didn't really lay on the sand because it's you get sand
- 42:31everywhere. And of course it's just.
- 42:33Anakin knows it's everywhere, it gets everywhere, and it's
- 42:37coarse. It's coarsed so.
- 42:41I lay on my car like late at night, look up at the sky and
- 42:43just look over. Oh yeah, there's a big rocket.
- 42:45There, too. But it's a beautiful place,
- 42:47Yeah. And it's a great place to launch
- 42:49a rocket, too. Yeah, what a great shot, though.
- 42:51We're getting into the beauty of all of this as well because
- 42:54we're like, it's such a cool thing.
- 42:58That Starship is going to be capable of in the future,
- 43:01bringing huge loads to space, and it's going to be, it's going
- 43:05to be wild what happens. I'm not sure whether it's
- 43:08actually going to happen. I don't know if it's actually
- 43:10going to happen, but once they've got this thing down pat
- 43:13and they're launching right, left and center, I hope that
- 43:16they put some attention to the aesthetics of it all.
- 43:21Certainly it's a beautiful ship, all stainless steel and pretty,
- 43:24but it would be nice if we started seeing that.
- 43:27Science fiction future at some point at once, they've got
- 43:31they're launching 100 of these a month or whatever they do want
- 43:35to do. They start to look into it and
- 43:37go. OK, how can we make this not
- 43:38only functional but look really awesome as well?
- 43:42Because that's one thing that society's lost, I think, in the
- 43:45last 30 years or so, is that aesthetics of things.
- 43:50We're so concerned about making things as cheap as possible that
- 43:53we've made it as as industrial as possible as well.
- 43:57It'll be nice to get back to those servers aesthetic values
- 44:00of the 50s where you've got the streamlining or shapes and
- 44:03whatnot. It'd be cool to see that come
- 44:05back. I don't even think about that
- 44:08future. So do you think they would, do
- 44:09you think they would paint the whole rocket or do you think
- 44:11they would just slap a logo on it or what do you how are you
- 44:14feeling about this? I don't know what I'm thinking.
- 44:16I don't know what it is, but maybe the cladding over some of
- 44:19the plumbing on the booster gets a little bit of a.
- 44:23A treatment where it's a little bit smoother or a little more
- 44:26aerodynamics, OK, as opposed to the sort of square, bulky look
- 44:30that we've got now. I don't know.
- 44:33I don't know. I'm not responsible for that.
- 44:35If they want me to be responsible for it, I'm
- 44:37available to the moment. I hadn't put too much thought
- 44:42into it. Yeah, no, that sounds awesome,
- 44:45but I'm just going back. To to, or discussing them
- 44:48putting the cladding up the tower, right?
- 44:50Yeah, it's in all the drawings, but they never did it.
- 44:53Little things like that are even one step closer.
- 44:56Plus, we're talking about Starbase.
- 44:58He wants to build a city there, right?
- 45:00Yeah, That's to support all the launches in construction.
- 45:03Whatnot's going on down there? And development.
- 45:05It'd be nice to see Starbase become a little bit more
- 45:09aesthetic than Factory, yeah? Yeah, I think I'll be amazing.
- 45:14Make it a tourist destination for sure.
- 45:16Right now it is, but it's like you got to really be end of this
- 45:18stuff to go down there if you got to sacrifice a little bit to
- 45:21get down there. Yeah, I think it's something
- 45:23Kennedy Space Center. It's a.
- 45:25It's like Disney A. Little bit.
- 45:27People go there just to go see rockets and stuff that are
- 45:30interested in Space Flight and engineering.
- 45:33And maybe just like the unknown people are like, hey, this is a
- 45:36giant rocket or hey, this is what Saturn does or whatever,
- 45:38there's engineering and science all over the place down there,
- 45:41so. The I think this would be a
- 45:43really cool thing. Have tours of it when they're
- 45:45not actually launching or when they're not, whether or not
- 45:47testing. Have a guided tour of the
- 45:49facility or something like that. I don't know if ITAR would allow
- 45:52that, but you could have a guided tour along the road and
- 45:56show people, hey this is this, Bay does this, we're building
- 45:59this here, blah blah blah. It would also be really cool if
- 46:02they they could even do that on their socials instead of having
- 46:06people down there in person. It would be really neat if Elon
- 46:09did a tour of everything like he did with Tim.
- 46:12The everyday astronaut. But he does it like for a
- 46:14produced video for SpaceX, which would be really cool and to show
- 46:19hey, this is what we do here now, but we want to do this here
- 46:21too. That would be really interesting
- 46:24to see too. Absolutely have a manager or
- 46:26something. It doesn't have to be Elon, but
- 46:28Elon would get the most that. Has to be Elon, yeah, one of his
- 46:31clones. Yeah, yeah, maybe Gwen could do
- 46:35it. That would be cool.
- 46:37Yeah, yeah. They're not doing anything
- 46:38right. Yeah.
- 46:39What's that doing? I think she's not.
- 46:40I don't mind. Coming out and do a tour for
- 46:42regular folk. Yeah.
- 46:44She's not been in the future over there, not at all.
- 46:46Yeah. Yeah.
- 46:47So the future Starbase looks pretty bright in the next few, I
- 46:51don't know. So they're so we were talking
- 46:54about the processes before and how they've streamlined
- 46:56everything. But do you think they've
- 46:59streamlined it to to a better place where they could launch
- 47:02this in August? I reached out to a few people on
- 47:06Face or not on Facebook, but on. On YouTube and on Twitter, and a
- 47:10little bit on Discord. And here's one person old gamer
- 47:14noob on YouTube said the way the ship was tested with an engine
- 47:20static fire right off the bat, and with the booster now having
- 47:24already been fully filled with cryogenic liquids, I'd venture
- 47:28they'll unify some tests and make quick work of things.
- 47:31The FAA will be the main hold up this time I think.
- 47:36So I have to agree that I think the FDA is going to be the last
- 47:41step. Of course I'm going to do.
- 47:44Going to show that there it is right there, old game renoob.
- 47:49Yeah, I believe I'm on record several places back when the
- 47:52first launch happened and we saw the damage, I said the weekend
- 47:56of August 19th before our launch and I still stand on that.
- 48:01I think we're still go on that, on a go on that.
- 48:05If the FA gave them permission today, I think they could
- 48:07probably attend the launch in a week.
- 48:11I think that they're at that stage they need to static fire.
- 48:14They've already static fires 25 and they were happy they didn't
- 48:17replace any Raptors and whatnot. Yep, they need to static fire 9
- 48:22Booster 9 and I think that they could be ready to go right after
- 48:25that as long as everything was just was operating as it was.
- 48:29I think the hold up again will be as you say, the FAAI think
- 48:32there was a lot of damage. To the compound as but as well
- 48:36as the a lot of concrete spread over the area around the launch
- 48:40site. So I think that there's a bits
- 48:42are in there that they'll want to address and get answered and
- 48:45then they're likely doing that already from the day at launch.
- 48:48I'm sure they've been talking to yeah and giving reports on
- 48:51everything they're doing to repair things and whatnot and
- 48:54prevent it from happening again the future.
- 48:56So I don't think it's going to be as long a wait for the FA to
- 49:01to secure this, but it's just a matter of time.
- 49:03But yeah, I think that's a little less than a month I will
- 49:06be launching this thing. Wow.
- 49:08Yes, I stay by it. I stand by it.
- 49:10I think you're pretty right. I'm going to venture to say it's
- 49:13going to be a little bit later, maybe septemberish maybe, but
- 49:18Elon, even Elon was like, yeah, middle of August can be ready by
- 49:22the middle of August. And like you said they were
- 49:24talking to, they've been talking to the FA.
- 49:26Probably an hour. Like within hours of the last
- 49:29launch. Within probably minutes.
- 49:31Within the last launch, the FA was probably on the horn.
- 49:33Hey, what just happened, buddy? That just blew everything out
- 49:37there and they had these steps in place before they launched
- 49:41the first one and like they had lots of rockets.
- 49:43Over the years. Lots of rockets over the years
- 49:45that have blown up on the launchpad.
- 49:47Yep. Causing all kinds of damage.
- 49:49Yep, it's just this is just another one.
- 49:52Yeah, and this didn't blow up in Launchpad, it blew up the
- 49:54Launchpad. Same sort of deal, same kind of
- 49:59damage probably. I would imagine the only
- 50:02difference being that the tanks for all the cryogenic fluid and
- 50:05stuff were a little bit closer at the launch site than they
- 50:08were the Cape I believe. But so that's probably the big
- 50:13difference here. I think that the it's just a up
- 50:16matter of time to get past these things, but it's happened
- 50:20before. And you know what?
- 50:22They expected it to blow up in the sky, then they expected to
- 50:24get off the launchpad. And the F knew that, so it's
- 50:27just a matter of satisfying them, and I think that won't be
- 50:30hard at all. Yeah, I agree with you.
- 50:33I think they like they're showing them all the data that
- 50:37they get as they get it. They're showing them how we're
- 50:39they're mitigating the problems that were on the pad.
- 50:42And I think they'll just go, it'll bring as much as they can,
- 50:45they'll breeze through this and then they'll be ready to launch.
- 50:49Now if the water deliard system and the statics fire static
- 50:52fires work perfectly the first time.
- 50:55They might do like A7 static fire, like A7 engine and then
- 50:59the 14 or whatever, and then go to 21 and be like can't static
- 51:03fire everything. So now we're going to launch it
- 51:05and then they'll stack it up and do a fill test probably on both
- 51:09the rocket or the ship and the booster maybe like and then
- 51:14launch it up one more time just to make sure all the systems
- 51:17work and then. Yeah.
- 51:18Did they do a static fire with the ship with ship 24 on top of
- 51:21eight? I don't think so, no.
- 51:24I don't think they did. Yeah, they were just.
- 51:26They don't do. I'm surprised they don't do
- 51:27that, to be honest. I am, but I'm also.
- 51:30I totally understand why they don't, because if they do a
- 51:34static fire again one, it's almost like they're wasting
- 51:39time. I think because they've already
- 51:40done it. They've already tested those
- 51:41engines and they've already tested all the systems.
- 51:44The only system that they wouldn't be able to test without
- 51:47the ship on top was like, is the ship going to fall off the
- 51:49booster? Yeah, and but that was part of
- 51:51the problem, right? Is that it didn't release, Yeah.
- 51:54So is there anything to be seen, observed from a static fire and
- 52:00how those lock pins work some place?
- 52:03I would like to see that. And they did it.
- 52:06They've already launched this once.
- 52:07We talked about this earlier. SpaceX is very happy doing
- 52:10things once, having it work and moving on and saying that's the
- 52:13way we're going to do it every time.
- 52:15Yep. They only they've only really
- 52:16landed one ship successfully. Oh yeah, you're right.
- 52:20They moved on. They immediately move on to say
- 52:23we've done it, we're good. You did it.
- 52:24Move on. Yeah.
- 52:25Yeah. And then you're going to need to
- 52:27prove that again. In my mind, but not in their
- 52:29minds. Apparently they've already
- 52:31launched the ship once in their minds.
- 52:33Is everything cool? Let's just go for it.
- 52:35Do they put 25 on top of nine and then stand fire and then
- 52:42launch? I don't think.
- 52:46I don't think they need to. Yes, but.
- 52:49As opposed to I'm sorry, as opposed to static fire 9 on its
- 52:54own. Ooh, OK do they just?
- 52:56Jump to the watch. Basically just OK.
- 52:59So this is I think this. Could be an issue because if
- 53:03they static fire with the ship on top of the booster, could the
- 53:08ship get rattled? Which is better than when it's
- 53:15in the air. Move out of place?
- 53:12They might have to readjust it, just better.
- 53:16Yeah. I think that's the whole point
- 53:18of static firing with the ship on top is the seat that.
- 53:20Would make sense, Yeah. That would make 100% sense.
- 53:23Will SpaceX do that? Probably not, because they're
- 53:27just like I work last time. We didn't do it last time and it
- 53:29seemed to work. I don't.
- 53:30Know I can. I'm leaning more towards them
- 53:34not static firing 9 before the ship's on top, statifying it
- 53:37once and then launching. Oh, like a 20 something odd.
- 53:42Engine static fire maybe? Yeah, something with.
- 53:44The ship on top and this, hey, it didn't fall off saying let.
- 53:47Go, guys. Everyone looks cool.
- 53:48Let's launch tomorrow. Yeah, that makes more.
- 53:52Sense, which is the standard process for Falcon launch as
- 53:55well, right? Yeah, yeah, it put it on the
- 53:57thing, the static fire, and then the next day or two they launch.
- 54:01Yeah, so the ship would be something like the like a
- 54:04fairing or something on a regular on a Falcon rocket.
- 54:07Just the same thing. There's a huge faring.
- 54:10It's a second stage, right? Yeah, second stage, gigantic
- 54:13second stage. So that would make sense that
- 54:16they do that. That's where they want to get.
- 54:17To I think that's where you have to get to eventually.
- 54:20It's it skips what like a week and a half of testing because
- 54:25they do a static fire, then they like have to close down the
- 54:27roads. You have to get the data from
- 54:29that static fire, wait about 3 days or so, refuel it.
- 54:33That makes way more sense, way more sense.
- 54:37Will they do it for this one? Yeah, but to say if not this
- 54:41one, then the next one, I bet they try and do it, yeah, yeah.
- 54:46I would love them. I didn't even think about that
- 54:48until you just said that. So my mind's going crazy.
- 54:50But it seems like they're just Wis.
- 54:52Just like straight through all these tests.
- 54:54This happened real quick. They already had the booster
- 54:57there. The ship.
- 54:57Yeah, Everything is being tested at Massey's beforehand.
- 55:00Everything's getting ready to roll.
- 55:02I don't remember. When it was that.
- 55:04Yeah, I don't remember when it was that my fear went away that
- 55:07the ship was going to implode when they're doing a cryo test,
- 55:10probably 6-7, maybe, right? Not seven, but maybe ship eight.
- 55:15That is when I started to think, OK, this thing's going to
- 55:17actually not going to implode and it's going to work.
- 55:20And I still, it boggles my mind that we're talking about four
- 55:24millimeters of or five millimeters of stainless steel
- 55:27holding all this cryogenic fluid in place.
- 55:29Yet at least I feel confident that it's not going to implode.
- 55:34Of course, Speaking of implosions, the test ship said
- 55:3727 that you could see the Dome top Dome of that imploded after
- 55:41the last testing. That is interesting.
- 55:44That is interesting. Obviously, we're testing that to
- 55:46failure. They wanted that to happen.
- 55:48Yeah. I think an implosion is better
- 55:50than an explosion in that case. Yep.
- 55:52I think they're probably quite happy with the results of that.
- 55:55You get to this, whatever they were testing, Yeah.
- 55:57Whatever. They were testing new steel or
- 56:00new systems or whatever happened to be, Yeah.
- 56:03I think they're, yeah. And if they move past that,
- 56:06they'll have Ship 28. Ship 29.
- 56:08I don't even know how many ships are down there now I have, I've
- 56:10lost count of which ships are down there and what boosters are
- 56:13of like readily available because I'm focusing on the ship
- 56:17that's going to launch and the other stuff that's happening.
- 56:20It's super important. But also like it's off there
- 56:25somewhere and I think that's where everybody else is at too,
- 56:28is that this is an amazing feat that will happen.
- 56:31Like you said, Ship 10. Ship 10 head or not ship 10, but
- 56:35booster. They're doing the booster, all
- 56:37sorts of boosters and ships and testing everything.
- 56:41It's like, how can they keep track of everything?
- 56:44And I'll just I'll. Leave that space.
- 56:45They have an Excel spreadsheet. To be honest with you, they're
- 56:48probably yeah, they're fine, they're fine.
- 56:51Yeah, I know that they're building Ship 30 right now.
- 56:54Believe they're setting that and it looks pretty slick.
- 56:58Like, it's starting to really look like they know what they're
- 57:01doing as far as the tiles go and all of that.
- 57:04It just happens now and it's got a.
- 57:07It's got the that would be insane, even.
- 57:09I think it. We need to keep thinking that
- 57:11they're moving forward. We need to keep thinking that
- 57:13they're thinking, what's the next step?
- 57:15This next ship's going to make it orbit.
- 57:17So next one after that, why don't we throw some startlings
- 57:20up? May as well.
- 57:22That makes they have to move forward with the Starlink
- 57:24program as fast as possible. They need to make money and
- 57:27getting. Eczema.
- 57:29What is it like 10 I think at the at this time for the regular
- 57:33like? Falcon money, yeah.
- 57:35Yeah, stuff like that for a Falcon launch.
- 57:37Like they're like throwing away money at this point when they
- 57:40can get like 20 or 30 in a Starship.
- 57:43So does one Starship launch, even if it's an expendable
- 57:47Starship, which is probably going to happen for the next 10
- 57:50starships, then at least get some star links up there and
- 57:53make the money back from the Starship launch.
- 57:56Yep, that make that money back fund Starship.
- 57:58And just keep going with it and that's how they're going to fund
- 58:01the Starship program going forward is I think that the Star
- 58:04Link launches and they also have, they have some customers
- 58:08like at Bay like just ready to launch on this thing, it's once
- 58:12it's ready to go. Once it's proven.
- 58:15Yeah, once it's proven and they know that they can get
- 58:17satellites into orbit, they know they can get heavy.
- 58:19They need a heavy lift rocket to get some stuff up there.
- 58:21I wonder. If we see, I wonder if we start
- 58:23to see satellite companies building flat satellites.
- 58:27That could be just has dispensed if you will, as opposed to the
- 58:31traditional box shaped satellite.
- 58:33Whether they start to compress them and make them fit out that
- 58:36door, I wonder, good idea. But maybe they can assemble
- 58:39themselves once they're launched or something like that.
- 58:42Yeah, like a the solar panels roll out and whatnot.
- 58:45Like how the James Webb Telescope unfurled it.
- 58:48And yeah, exactly like that. It would certainly make
- 58:52everything less complicated and you could put. 15 Star Link and
- 58:56three regular satellites and this, that and the other just
- 59:00stacked them in order in the in the Starship and keep launching
- 59:04them out as you need to. That'd be incredible.
- 59:07I'm trying to find at this point.
- 59:09Remember they had a PES, They had a Starship where the front
- 59:13opened like that. I was trying to find that
- 59:14graphic but I can't find it. That was what's in my head, I'm
- 59:17thinking. I wonder if that even makes
- 59:18sense anymore. I don't unless.
- 59:21You're unless you're perhaps collecting an old satellite to
- 59:24fix it or just to get rid of space check or something like
- 59:26that. I wonder if that even makes
- 59:28sense anymore whether the pest dispenser is the way the future
- 59:31for that sort of thing. Because how big of a satellite
- 59:34you really need to launch these days with micro everything
- 59:37right. Yeah.
- 59:39This thing is still going to be what's probably 6 meters wide
- 59:43out imagine at the very least. Yeah.
- 59:46And who? And that's probably.
- 59:48I don't know how tall the pet Spencer is, but probably a meter
- 59:52at least, if not more. Yeah, so 6 meters by 1 meter and
- 59:56then unfurls to whatever size you need.
- 59:58I don't know that you need a subway larger than that these
- 1:00:00days. Yeah, everything's smaller.
- 1:00:03Now you can. We have the world's knowledge.
- 1:00:05So much in these box satellites they're sending out and the
- 1:00:09yeah, the cube sats and everything.
- 1:00:10Yeah, that's what I meant to say.
- 1:00:12Same thing. They're a box.
- 1:00:17Yeah, so Speaking of satellites, this whole start Starship thing
- 1:00:23is predicated by the Falcon Heavy launch, so there's a
- 1:00:28readiness review happen for a target of Wednesday, July 26th
- 1:00:33for Falcon Heavy's launch of the Hughes Connex Jupiter 3E Star 14
- 1:00:39said. Like why do they make these
- 1:00:40names get? Launched.
- 1:00:41You got enough names. Come on, man.
- 1:00:44This kid somebody. Short of it, it's a
- 1:00:46communication satellite. Yeah, yeah, it's a communication
- 1:00:50satellite. It's going to be the heaviest
- 1:00:53geostationary satellite ever launched at just over 9 metric
- 1:00:56tons. Wow.
- 1:00:58Yeah, size. It is probably not, no, I don't
- 1:01:00think. They I don't think they gave us
- 1:01:02any. Sort of.
- 1:01:03It fits inside the basically 4 meter wide, probably 5 meter
- 1:01:08wide fairing, right? Yeah, yeah.
- 1:01:11So it's quite large. I'm sure it's nine metric tons.
- 1:01:15The thing is like 9 tons for a satellite.
- 1:01:18What is in there? That's.
- 1:01:19And this is supposed to be graded.
- 1:01:22All new technology, micro technology version of this,
- 1:01:26these kinds of satellites. This is the obviously the
- 1:01:29state-of-the-art communication satellite.
- 1:01:32Interesting that it's still that big.
- 1:01:34Yeah, not 9 tons. That's so how.
- 1:01:37What? A couple tons for a car?
- 1:01:40Yeah. Yeah, yeah, five cars base.
- 1:01:44Yeah, maybe 5 cars. That's how much it weighs.
- 1:01:48What's in this thing? We don't know.
- 1:01:50Like how much technology can you pack into this thing?
- 1:01:53There's a KA band. It's a Ka band satellite.
- 1:01:55Multispot BMK A band satellite based on the highly reliable L
- 1:02:001300 space proven platform which provides the flexibility to
- 1:02:04support a Broadway. This in your head, do you, dude?
- 1:02:07I'm just. I know IT and technology
- 1:02:09advances, and not just know some stuff.
- 1:02:11It features an entirely new architecture based on broad
- 1:02:14range of technology advances, including the mini
- 1:02:17miniaturization of electronics. OK, miniaturization. 9 tons.
- 1:02:24Does that make sense? They're still made of gold.
- 1:02:26Yeah, that features entirely new architecture.
- 1:02:29Best we did, look this up. Yeah, the KA band is microwave
- 1:02:33band, microwave range. That's how it's setting, beaming
- 1:02:36things back and forth to earth. Yep.
- 1:02:39So that's coming up on the 26th. That's going to be a pretty wild
- 1:02:42launch and they say approximately 8 minutes after
- 1:02:46launch Falcon Heavy side boosters will return to Earth in
- 1:02:50land on landing zones one and two.
- 1:02:52So we're going to take a look at how that.
- 1:02:54Works. That's my favorite kind of
- 1:02:56landing for these. Yeah, side by side.
- 1:02:58So cool, man. Keep in mind these things are
- 1:03:01seven story buildings. Yeah, and they just gently place
- 1:03:05them back on Earth. And it's so cool.
- 1:03:08I love how the legs open for the last second.
- 1:03:11Everything's just so well timed. There's no, they don't cover
- 1:03:15anything. They just come down at a very
- 1:03:17consistent rate and settle down to earth so beautifully.
- 1:03:21Yeah, I mean Target. I so I think about these
- 1:03:25landings and then I think about Blue Origins landings.
- 1:03:28And I'm always afraid when Blue Origin lands its booster because
- 1:03:32it bounces, these go like they do a little these do a little
- 1:03:35tiny shuffle and kind of little tiny sway.
- 1:03:38But Blue Origins kind of like boink and you're like.
- 1:03:40And in the cover, like they're not quite sure, are we actually
- 1:03:43going to do this and then boing wing, wing instead of gradually,
- 1:03:47slowly, like lowering your booster back, OK, we get to the
- 1:03:51last, what, 7 feet or something those are.
- 1:03:54I don't know the actual size, but they're probably 1/4 of the
- 1:03:57height of this. It's just completely different.
- 1:04:00Yeah, it's so cool, man. Like we we are literally living
- 1:04:04in the future. This is insane.
- 1:04:07This is something. Will happen.
- 1:04:09Yeah, this is pretty normal. We expect these.
- 1:04:10Boosters of lands? No problem.
- 1:04:12Tomorrow. Yeah, something goes wrong.
- 1:04:14We'll be like, whoa. Yeah, You know, we'll have
- 1:04:19questions for months, but yeah. And as you can see how big they
- 1:04:23are, you can see the architecture around it.
- 1:04:27These pipes are quite large. There's little buildings,
- 1:04:29there's fuel tanks, there's some ground systems here.
- 1:04:33All these things are quite large.
- 1:04:34But like you said, it's like a seven story building.
- 1:04:36Huge. It's gigantic.
- 1:04:38Massive. Yeah, and they just hover down.
- 1:04:41Maybe you can see the top of the boosters they have the.
- 1:04:44I forgot what they're called the the engines at the top that that
- 1:04:48puff engines. What are?
- 1:04:50They called. I can't remember what they're
- 1:04:51called, but why can't I think of it?
- 1:04:54Puff engines, so the. Little puff puffs at the top
- 1:04:57there. That guide them in I believe.
- 1:04:59They called the. Yeah, the yeah, you can see them
- 1:05:02guiding them in and they go real fast too.
- 1:05:07Like it's ridiculous how fast these systems go as you're
- 1:05:11landing A7 story building. So yeah absolutely insane
- 1:05:14absolutely crazy that this is actually happening again because
- 1:05:18Falcon heavies gigantic still but nine metric tons for a
- 1:05:23satellite that yeah. Makes sense.
- 1:05:26I don't know it's yeah it's made of lead Thor's hammers in there.
- 1:05:33I. Wonder how many more heavy
- 1:05:35launches we have. Falcon Heavy launches?
- 1:05:38Yeah, Falcon Heavy watches. I wonder how many more there are
- 1:05:41left. Because yeah, I think Starship
- 1:05:44takes it over. It's cheaper.
- 1:05:45I think launch Starship that it is Falcon Heavy.
- 1:05:48I think so too. I think usable.
- 1:05:51I think three years. I don't think they'll.
- 1:05:54I don't think they'll retire it. I think it'll be there for
- 1:05:56specific use cases but I don't think.
- 1:06:00I don't think we're going to see as many.
- 1:06:02I think 1 Starship is moon ready for the next few years.
- 1:06:07I think like the low Earth orbit stuff is going to be no big
- 1:06:10deal. So three years, you're thinking
- 1:06:136 launches, something like that, yeah, maybe, yeah, 5-6 launches
- 1:06:19and then that's it. Like I think unless like I was
- 1:06:22saying, there's certain use cases for it, but I don't see
- 1:06:26why Starship wouldn't be able to do those use cases as well.
- 1:06:29Starship would do everything this thing can do, and 10 times
- 1:06:32more. Yeah, it is.
- 1:06:33Sure. Maybe if there's something
- 1:06:36that's not big enough to go into a Starship, something that's
- 1:06:40just only needs a fairing for a Falcon Heavy or a Falcon.
- 1:06:44That's why I say you just pack it in, put it in the best
- 1:06:47Spencer and shoot it out as needed and send some more
- 1:06:50stylics up. SpaceX revolutionized rockets,
- 1:06:54so why wouldn't they revolutionize the delivery
- 1:06:56system as well if they're like, hey, if you want to launch out
- 1:06:59of Starship, you have to build your architecture for our
- 1:07:03device. It's like your phone, like you
- 1:07:05have your If you're going to build an app for a phone, you
- 1:07:07have to build it according to Apple's procedures.
- 1:07:10So if you're going to build a satellite for our rocket, you
- 1:07:14have to build according to our procedures, Yeah.
- 1:07:16Or. You can use the Falcon Heavy,
- 1:07:17but it's going to cost you three times as much.
- 1:07:19Yeah. Planned obsolescence.
- 1:07:22Good job, SpaceX. Good job.
- 1:07:25They did it. Oh man, they did it.
- 1:07:27They're a tech company. They did it.
- 1:07:29Steve Jobs would be proud. I can't wait for Starship to
- 1:07:34have some. DLC Oh yeah, $0.99 DLC is all
- 1:07:40right your. Satellite's up there now.
- 1:07:42In order to launch it, we're going to need. $11 million,
- 1:07:45yeah, we're going to meet $1,000,000 subscription plan per
- 1:07:48month or you can buy the. 1 year subscription plan for 11 months,
- 1:07:56Yeah. Yeah, exactly.
- 1:07:59So I think that's it for today. I think we covered everything we
- 1:08:01want to cover. So what we got out of this is
- 1:08:04that maybe they'll stack a ship on top of the booster and static
- 1:08:09fire it. That's my take away from this is
- 1:08:12that might be a really interesting and exciting thing.
- 1:08:15And we're thinking a month or two for a launch.
- 1:08:18Yep. Yep.
- 1:08:19That'll be absolutely insane. I can't wait.
- 1:08:22I think it's going to be really cool.
- 1:08:24And I can't wait for the just. It's going to be the most
- 1:08:28impressive thing if it actually works.
- 1:08:30Yeah. Very cool, man.
- 1:08:32Yeah. Same here.
- 1:08:33All right, I guess that's it. Bye, everybody.
- 1:08:35I don't have a goodbye screen because we're doing a different
- 1:08:37platform. Yeah.
- 1:08:38Thanks, Neil. Thank you for continuing to
- 1:08:41bring all this awesome info to all your fans.
- 1:08:43Yeah, thanks to all the fans. And thank you for helping out.
- 1:08:46And yeah, thanks to everybody for spending your time here with
- 1:08:50me today. Take care of yourselves and each
- 1:08:52other. Bye.
- 1:08:53Bye.