Latest / In the Loop AI / SpaceX Just Declared War on Your Cell Provider (Verizon, T-Mobile)
Transcript
- 0:00Josh: I got a quick geography lesson for you. 90% of the Earth's surface has no reliable cell coverage.
- 0:05Josh: Oceans, mountains, deserts, jungle, the things that cover most of the planet, they're all dead zones.
- 0:10Josh: In fact, even places that aren't dead zones, like driving, we're in New York,
- 0:14Josh: driving through upstate New York, there is frequent times in which I just completely
- 0:18Josh: lose cell connection and am offline for better or for worse.
- 0:22Josh: But SpaceX has come along and decided that those days are over.
- 0:25Josh: The day of the dead zone is a day of the past.
- 0:29Josh: It's just we will never have dead zones again because last week they rebranded
- 0:32Josh: their satellite's phone service as Starlink Mobile and announced a second generation
- 0:35Josh: of these satellites that deliver 100 times the data capacity of what's already
- 0:40Josh: up there today with no dish, no special hardware.
- 0:43Josh: It works with your current iPhone at up to 150 megabits per second from space.
- 0:48Josh: That's enough to stream 4K Netflix video. That's enough to watch anything on
- 0:52Josh: YouTube, FaceTime with your friends. So this is a pretty compelling product
- 0:54Josh: that they're launching, which might come as a threat to a lot of the cellular
- 0:58Josh: providers that we use today, like Verizon, AT&T, and even T-Mobile.
- 1:01Josh: This is going to be a pretty big deal.
- 1:02Ejaaz: Yeah, I've got to be honest. I started off as a hater towards Starlink because
- 1:06Ejaaz: I was kind of like, okay, cool. We get additional phone coverage.
- 1:09Ejaaz: Who cares? Like, I'm not going to be in the mountains like for 99% of the time during the year.
- 1:15Ejaaz: But I really saw the use of Starlink come to life during the LA wildfires.
- 1:18Ejaaz: This was a major catastrophe event where a lot of LA was on fire and a lot of
- 1:22Ejaaz: cellular the towers were down.
- 1:24Ejaaz: So you had like millions of people that had no access to data or basic phone
- 1:27Ejaaz: services that could call for loved ones or emergency services.
- 1:31Ejaaz: And Starlink just kind of dropped in and they beamed, I think,
- 1:34Ejaaz: 150 emergency messages in the space of like 48 hours, which helped so many people
- 1:40Ejaaz: communicate and deal with the fires to around 4.4 million people.
- 1:44Ejaaz: So this is really necessary technology. And I guess like the way that they're
- 1:48Ejaaz: scanning this is like pretty cool now.
- 1:50Josh: Yeah. So let's talk about what Starlink is right now, because as it is, it currently exists.
- 1:54Josh: In fact, there's 10 million users of it right now. So SpaceX launched this direct-to-cell
- 1:58Josh: satellite service back in January of 2024, just two years ago.
- 2:01Josh: And the first ones went up pretty quietly, but within days, their engineers
- 2:05Josh: were actually demonstrating texts from unmodified phones.
- 2:08Josh: It was the first time that an unmodified cell phone could actually send texts,
- 2:12Josh: video calls, and then actually FaceTime and watch videos in real time.
- 2:16Josh: It was slow, but now there's 650 direct-to-cell satellites that are in orbit,
- 2:21Josh: which is a tiny fraction of their 10,000 total satellites that are in orbit.
- 2:24Josh: But it's still the world's largest provider of 4G coverage because it reaches
- 2:29Josh: 10 million users, over 32 countries and six continents.
- 2:33Josh: No one has that reach that Starlink has. In the U.S., you've probably heard
- 2:38Josh: of this through T-Mobile. They have T-Satellite, which is their branded version.
- 2:41Josh: And that's the $10 a month add-on that allows you to access this today.
- 2:45Josh: So currently, it does SMS, picture messaging, location sharing.
- 2:49Josh: It works with WhatsApp, Google Maps, AccuWeather.
- 2:52Josh: And your phone automatically switches over to satellite service if you lose service.
- 2:57Josh: But it doesn't have the bandwidth that this new version is going to have.
- 3:00Josh: And that's the big difference maker is the bandwidth is really going to unlock
- 3:03Josh: a lot of new use cases for this.
- 3:05Ejaaz: Yeah. Speaking of because I was questioning why T-Mobile can't do the same thing.
- 3:10Ejaaz: And the truth is they just don't have the infrastructure or scale to be able
- 3:13Ejaaz: to upgrade the technology at all.
- 3:15Ejaaz: You mentioned that they have access to Starlink through that package.
- 3:17Ejaaz: They currently have 120 million users, but they only cover around 80% of the US.
- 3:24Ejaaz: Starlink covers literally the
- 3:25Ejaaz: rest of that already with the 650 satellites that you already mentioned.
- 3:29Ejaaz: So although Starlink is kind of behind right now, you mentioned it's just like
- 3:31Ejaaz: a fraction of the total like 10,000 satellites that they have in orbit right now.
- 3:35Ejaaz: I think they could catch up really frigging fast because they also have access
- 3:39Ejaaz: to the space shuttle as well.
- 3:40Josh: Yeah, and if you look at this chart, I mean, the growth is about as perfect
- 3:43Josh: of an exponential as it gets.
- 3:44Josh: They just crossed 10 million after crossing 8 million the month before.
- 3:47Josh: After crossing 7 million and starting at zero just six years ago.
- 3:51Josh: So Starlink adoption is up big time. And maybe we could talk about what actually
- 3:55Josh: makes this new mobile version 2 so much better.
- 3:58Josh: And one of the things that I'm going to share, I had Claude make this for me,
- 4:01Josh: so forgive me if it's a little messy, but this is the difference between these
- 4:05Josh: version 2 satellites and the version 1 satellites.
- 4:07Josh: What we're seeing here in this traditional geo orbit thing, these orange lines,
- 4:11Josh: this is what it used to look like.
- 4:13Josh: So it's basically like shining a giant spotlight down on Earth.
- 4:16Josh: And the spotlight has to serve a lot of customers at once. What we're seeing
- 4:19Josh: in this other part, which is the Starlink V2, it's in low Earth orbit.
- 4:23Josh: So you'll notice that the traditional geosynchronous orbit, 35,000 kilometers high.
- 4:27Josh: This new one is only 550 kilometers high. It's much lower. And it uses these
- 4:31Josh: thousands of spot beams.
- 4:33Josh: So instead of one giant flashlight, it's using spotlights to point at all of
- 4:37Josh: the users on the ground. And because it's so much lower, the latency is better.
- 4:41Josh: The bandwidth is better. It's much faster to connect these satellites.
- 4:44Josh: And the result is that it delivers a 20 times throughput on versus current models of starlink v1 so
- 4:51Josh: This is 16 times more beams per satellite. The face-oriented antennas are five
- 4:55Josh: times larger than the current ones, and it's 100 times the data density of version one.
- 4:59Josh: So it's this gigantic exponential improvement in terms of bandwidth and what
- 5:03Josh: people are actually going to be able to use this service for.
- 5:05Ejaaz: I do want to level set for everyone listening what that bandwidth means.
- 5:10Ejaaz: So it's coming in at around 150 megabits per second, which is really good internet.
- 5:15Ejaaz: Like no one is going to complain about that. But compared to like the average
- 5:18Ejaaz: in the US, which is, I think, around 220 megabytes to 250.
- 5:24Ejaaz: It's not lightning fast, but it's good enough. And the fact is,
- 5:27Ejaaz: like, billions of people all around the world will get access to this no matter
- 5:30Ejaaz: how remote they are, which is awesome.
- 5:32Ejaaz: The other thing I find friggin' awesome is they built their own custom silicon
- 5:37Ejaaz: chip for these satellites.
- 5:39Ejaaz: And the media company that I thought of is Apple. Apple's done that entire thing
- 5:43Ejaaz: for all of their cellular phones, and it's given them the ability to operate
- 5:47Ejaaz: or own the entire stack of that technology.
- 5:50Ejaaz: So Apple knows what its chips are capable of. So it knows what kind of products,
- 5:54Ejaaz: apps, or software they can run.
- 5:56Ejaaz: That's why they have the best phones, in my opinion, in the world.
- 6:00Ejaaz: Elon's doing the same thing that Apple did to phones, two satellites right now.
- 6:03Ejaaz: He owns the Starships, he owns the satellites, and now he'll own the hardware
- 6:07Ejaaz: that builds on or that is composed of those satellites as well. It's just really cool.
- 6:12Josh: And not only does he own the hardware, he owns the Spectrum.
- 6:15Josh: And we recorded an episode about this.
- 6:17Josh: Last year because it was this like quiet news event that kind of went under
- 6:20Josh: the radar but what they bought is a chunk of spectrum and that spectrum enables
- 6:25Josh: them to handle and essentially take the job of these cellular providers because
- 6:29Josh: the way this works is there's a global spectrum there's a global like bandwidth of spectrum.
- 6:34Josh: Customers or companies own so verizon owns some t-mobile owns
- 6:37Josh: some starlink bought a chunk of this and it's limited by the fcc
- 6:40Josh: you can only own a specific bandwidth because that's how you
- 6:42Josh: connect to these cell phones with spacex buying
- 6:46Josh: it they bought what is it 50 megahertz of exclusive s-band spectrum
- 6:49Josh: um for 17 billion dollars the deal closed for
- 6:52Josh: this was not a small acquisition by any means but what it does
- 6:55Josh: is it enables them to act as a standalone carrier
- 6:58Josh: and i think this is a really important point because forever they've
- 7:02Josh: been they've had to partner with t-mobile they've had to partner with international
- 7:05Josh: suppliers to distribute this and with
- 7:08Josh: this new bandwidth that they have they can actually create their own cellular provider
- 7:11Josh: service and i'm not sure who's not going to want to subscribe to a
- 7:14Josh: starlink mobile plan if it is as fast as everything else
- 7:16Josh: with no dead zones it just seems like they have such an advantage over everyone else
- 7:19Josh: so in summary spacex mobile v2 has some
- 7:22Josh: pretty awesome things going on let's just recap this quickly so it's
- 7:25Josh: available on 40 plus apps and 100 plus devices this service
- 7:29Josh: will offer video calls streaming emails it's available in
- 7:32Josh: 32 countries covering 1.7 billion people the
- 7:35Josh: next generation of starlink mobile satellites version 2 delivers full cell
- 7:38Josh: coverage to places never thought possible via the highest performing
- 7:41Josh: satellite to mobile network ever built is their quote basically anywhere in
- 7:45Josh: the world there's not gonna be a single dead zone with this new network uh the
- 7:48Josh: v2 starlink mobile satellites also use the custom designed silicon just like
- 7:52Josh: apple did and these satellites will support thousands of beams using phased
- 7:56Josh: array antennas versus the traditional,
- 7:59Josh: which is a kind of spotlight that is low bandwidth.
- 8:02Josh: And then version two enables full 5G cellular connectivity compared to the current
- 8:06Josh: terrestrial services, which are only available on the ground. And that's lame.
- 8:10Josh: That does not include space exploration. That does not include beaming satellite lasers down.
- 8:15Ejaaz: You know, it's hilarious that you're talking about satellites and beaming lasers
- 8:18Ejaaz: to Earth, but that's not even the craziest part of this entire technology that's enabling this.
- 8:23Ejaaz: We've got an entire new spaceship that's coming out, right? Like,
- 8:26Ejaaz: how does this help us achieve what Starlink's trying to do with V2 here?
- 8:31Josh: Yeah, so in order to launch these new satellites into orbit,
- 8:34Josh: you need a much larger rocket ship.
- 8:36Josh: I mean, each one of these Starlink satellites will weigh 2,000 kilograms,
- 8:41Josh: and they're spanning 33 feet long.
- 8:43Josh: And Starship is going to put 50 of these into orbit at once.
- 8:46Josh: So currently, the way that you get these satellites into space is putting them
- 8:49Josh: on a Falcon rocket. There's Falcon 9, there's Falcon Heavy.
- 8:51Josh: There's only a limited amount of cabin space in there. that unfortunately doesn't
- 8:54Josh: fit these new gigantic satellites that are required in order to enable this
- 8:57Josh: Starlink V2 service. So Starship is necessary.
- 9:01Josh: The problem is that Starship is not working quite yet.
- 9:04Josh: The Starship program has been in the works for many years.
- 9:08Josh: They've been doing many test flights with varying degrees of success and failure,
- 9:11Josh: but it's still not ready.
- 9:13Josh: So what they're guiding towards now is 2027 next year for the actual launch and distribution.
- 9:19Josh: You got to wait a whole year for this Mobile 2. Not for the current version.
- 9:24Josh: So the current version works with existing cell phones, existing hardware.
- 9:27Josh: Because there's also something separate that needs to happen,
- 9:30Josh: which is a new chip architecture for the cell phones that we use.
- 9:33Josh: So in order to get 5G beamed down from these new Starlink V2 satellites,
- 9:38Josh: Qualcomm actually is making a chip that works direct to cell.
- 9:41Josh: So it's rumored to be included in the next iPhone 18.
- 9:43Josh: It's rumored to be included in the new Samsung Galaxy phones.
- 9:46Josh: All of the new phones coming out at the end of this year, next year,
- 9:49Josh: they're going to be equipped with the hardware to enable this.
- 9:51Josh: So there's the convergence of SpaceX Starship actually working,
- 9:55Josh: and then the cell providers getting on board with this new network architecture
- 9:58Josh: so that your cell phone can work without any additional chips inside of it,
- 10:02Josh: without any additional hardware or satellite dishes or anything.
- 10:04Josh: It'll just work the same way that Verizon or AT&T does.
- 10:07Ejaaz: Going back to the math, you said that each new Starship would be able to launch
- 10:11Ejaaz: 50 satellites. Is that correct?
- 10:13Josh: Yes, about 50 of these.
- 10:14Ejaaz: About 50. Okay, so then I think the idea is you need around 1,200,
- 10:19Ejaaz: this is from Starlink themselves, 1,200 satellites of these new satellites up
- 10:23Ejaaz: there for us to be able to have global continuous coverage.
- 10:26Ejaaz: So that's like what? That's like 24 launches?
- 10:30Ejaaz: So like that doesn't seem like much. Like we could probably pull this off in
- 10:34Ejaaz: like a year once these starships are actually mobile, right?
- 10:38Josh: Yeah, it seems like this will go fairly quick. They're gonna be able to launch
- 10:40Josh: 50 of these Starlink satellites per flight.
- 10:42Josh: And yeah, once they deploy those 1200 satellites, they're good.
- 10:45Josh: So it sounds like they're targeting six months from the time they launched the
- 10:48Josh: first one to the time that the network will be complete, which is fairly short.
- 10:52Josh: So with this guidance, it's mid-2027. It's looking like there will be complete and total coverage.
- 10:58Josh: And the V2 Starlight Constellation caps at 15,000 satellites.
- 11:02Josh: So 1,200 will be sufficient.
- 11:03Josh: 15,000 will be fully saturated. And that probably takes a few years to get to.
- 11:08Josh: But man, that ramp up is going to be quick. And it's going to be available to
- 11:11Josh: everyone pretty quickly.
- 11:13Ejaaz: Well, the other thing as well is I don't think there's any competitor to this,
- 11:18Josh: Right?
- 11:19Ejaaz: Isn't it just Elon versus Elon at this point? I was framing it in my head like
- 11:23Ejaaz: They need Starship for this to work, but also Starlink doesn't exist or no other
- 11:29Ejaaz: competitor exists unless you have Starship.
- 11:31Ejaaz: Like you need the vessel to get into space.
- 11:34Ejaaz: And the cheapest and most performant way to do that is Elon Musk's SpaceX company,
- 11:38Ejaaz: which now owns the AI company and all these other things.
- 11:40Ejaaz: So it really is just a monopoly that is about to emerge.
- 11:44Ejaaz: And Elon's at the forefront of all of it. That's that's pretty cool.
- 11:46Josh: Absolutely right. I mean, Blue Origin is trying. There are other satellite companies
- 11:50Josh: that are trying, but no one is going to be able to get what Starship can do.
- 11:53Josh: I mean, they're at least five years behind at most, maybe 10, 15.
- 11:57Josh: I mean, the space is really hard and even Starship doesn't work yet.
- 12:00Josh: So they have to break this like novel problem set just in order to get these satellites into space.
- 12:05Josh: And everyone else is so far behind. But what enables them to do this is this
- 12:09Josh: flywheel that they have, the revenue flywheel, where Starlink,
- 12:11Josh: the residential service that has been powering people's Wi-Fi across the country,
- 12:16Josh: that's generating a lot of revenue, too. I mean, they have 10 million users now.
- 12:20Josh: So that enables Starlink V2. Starlink V2 generates additional revenue.
- 12:24Josh: And then that creates this unbelievable
- 12:26Josh: market flywheel for SpaceX to continue to grow the market cap.
- 12:29Ejaaz: Oh, so they put the revenue from that into Starship.
- 12:33Josh: That's how it's funding the Starship program. Exactly. But it seems like they
- 12:36Josh: might need even more money than that because there are rumors on the street
- 12:40Josh: that they are going to IPO soon.
- 12:42Josh: And thanks to our friends over at Polymarket, we have the exact odds of when
- 12:46Josh: they're going to go public this year.
- 12:48Josh: It seems like it's a near certainty. there's an 88% chance that they go public
- 12:53Josh: before December 31st, 81% chance that it's by September 30th,
- 12:57Josh: and a 62% chance by June 30th.
- 13:00Josh: So it seems like the probable window is sometime middle to late of this year.
- 13:06Josh: I've heard rumors that it's coming sooner. People want to come sooner,
- 13:09Josh: but it seems like Polymarket disagrees. But it seems like we're getting a SpaceX IPO this year. How,
- 13:15Josh: There's another Polymarket for that, which shows that it's going to be almost
- 13:19Josh: guaranteed over a trillion bucks.
- 13:21Josh: Like $1 trillion plus is $92%. Yeah, so there's a 92% chance this goes over a trillion.
- 13:27Josh: It seems like it is going to be IPO-ing, I mean, well above a trillion,
- 13:32Josh: probably between 1.5 to 1.75 is what the rumors are saying.
- 13:36Josh: Polymarket confirms. Thank you again, Polymarket, so much for sponsoring this
- 13:39Josh: section of the episode. And I mean, again, SpaceX is just like this unbelievable
- 13:43Josh: company that is seemingly coming for everyone. And they're threatening a lot
- 13:47Josh: of companies along the way.
- 13:48Josh: These traditional cell providers like Verizon, AT&T, T-Mobile,
- 13:50Josh: they have a serious problem on their hands.
- 13:53Ejaaz: Yeah, the T-Mobile thing is an interesting one because right now,
- 13:55Ejaaz: like my phone runs on T-Mobile.
- 13:57Ejaaz: They're the dominant provider in the US at least. But I feel like it's a ticking time bomb for them.
- 14:02Ejaaz: Like they have this exclusive partnership with SpaceX, right?
- 14:05Ejaaz: You pay an extra 10 bucks, you get access to the satellites,
- 14:07Ejaaz: but that's only for one year.
- 14:09Ejaaz: So I can imagine that other broadband providers or telecom providers like AT&T
- 14:13Ejaaz: and stuff are going to try and outbid them, but they're outbidding the guy that's
- 14:17Ejaaz: going to eventually replace them.
- 14:18Ejaaz: So like, I don't really understand how the economics of this work.
- 14:22Ejaaz: Are they just kind of buying an extra lifeline whilst they figure out their
- 14:24Ejaaz: own satellite deployment, but then they need to rebuild an entire space company
- 14:28Ejaaz: to be able to launch that on.
- 14:29Ejaaz: So I don't understand how AT&T
- 14:31Ejaaz: and all these other telecom providers survive. Am I missing something?
- 14:35Josh: Well, there's a lot of strain on these networks.
- 14:39Josh: Like there's a lot of people who demand a lot of data and starlink is not
- 14:41Josh: going to be able to subsidize all of that so there will still be
- 14:44Josh: the need for these ground-based coverages that work in particular for higher
- 14:49Josh: density areas that need a lot of bandwidth so you'll notice one of the newer
- 14:52Josh: things is 5g uwb ultra wideband and that is the super high power bandwidth that
- 14:58Josh: gives you up to like a gigabit per second of internet in fact it's so good it's
- 15:01Josh: replacing some of the wi-fi,
- 15:04Josh: setups that people have in their homes because it's very high powered their
- 15:06Josh: local cell towers That is a unique advantage to ground-based infrastructure.
- 15:11Josh: It has much lower latency. It has much greater bandwidth. But if you are not
- 15:15Josh: contingent on needing infrastructure,
- 15:18Josh: a terabit per second, and you value this additional coverage anywhere in the
- 15:22Josh: world, then Starlink is probably for you.
- 15:25Josh: And we've seen this with the dishes that they have with the Starlink residential
- 15:28Josh: plans. People take it on road trips, people take it camping.
- 15:30Josh: If you live on a farm somewhere, you don't have connection. It's better than
- 15:33Josh: most of the options that we have today, but it's just going to apply to the phone.
- 15:36Josh: So while it might not replace these cell companies entirely,
- 15:39Josh: it certainly will start to displace some of their customers if they don't partner
- 15:44Josh: with them like T-Mobile is doing.
- 15:46Ejaaz: Wait, Josh, I think I have a answer to my own question,
- 15:49Josh: Which is what do you got?
- 15:51Ejaaz: Well, like I was thinking about like Starlink having coverage for anywhere in the world, right?
- 15:56Ejaaz: Including really rural remote areas where there's not that many people.
- 16:00Ejaaz: So why would that be useful? Like who are the people and customers that are
- 16:03Ejaaz: going to be paying for that? And then I realized it's probably not going to be people.
- 16:07Ejaaz: It's going to be like autonomous vehicles or farming infrastructure or any device
- 16:13Ejaaz: that requires the internet that can extract or observe data and feed it back
- 16:18Ejaaz: into a system that might be AI, for example,
- 16:22Ejaaz: would be inherently useful for these satellites, for this internet connectivity.
- 16:26Ejaaz: Sorry, I just had like a mind blown experience whilst realizing this.
- 16:30Ejaaz: I was like, oh, it's not just for humans. It's for any and every detection or
- 16:35Ejaaz: device system that's out there. And you can place that remotely on the beacon
- 16:39Ejaaz: or the top of a mountain or somewhere completely icy and remote.
- 16:43Ejaaz: Like the world's your oyster there.
- 16:45Josh: This is a really important point for the Internet of Things.
- 16:48Josh: As we start to deploy a lot more hardware that's using AI models,
- 16:53Josh: that's using, you know, inference or reasoning models, there is going to be
- 16:57Josh: a benefit to having it online.
- 16:59Josh: And a lot of places in which these things happen are rural.
- 17:02Josh: They don't have a lot of infrastructure. and giving it that cellular connectivity,
- 17:05Josh: it's going to be a pretty big deal because traditionally in order to do this,
- 17:09Josh: you need a big satellite.
- 17:09Josh: Now it's compressed down to the size of a small little iPhone chip.
- 17:12Josh: I mean, you could put that on anything and that really enables a lot of the world.
- 17:15Josh: And when you think about the world broadly, three to 4 billion people on earth
- 17:19Josh: have no reliable internet connection.
- 17:21Josh: Like they just cannot access the internet. And in a world in which it's so connected
- 17:25Josh: and that has so much value, there is such a huge untapped market available for Starlink.
- 17:30Josh: And what we're seeing is they've, they frequently make it free in
- 17:33Josh: places of chaos or places that are
- 17:36Josh: having issues because they want to help out the people but i'm sure
- 17:38Josh: there will be subsidized plans for even lower income countries or
- 17:41Josh: areas where they can really bring the whole world online and
- 17:44Josh: it's this incredibly powerful technology that is here and it's growing exponentially
- 17:48Josh: and with this starlink or with the starship v3 launches it's going to start
- 17:52Josh: to be deployed in the real world and by this time next year there's a good chance
- 17:56Josh: that these v2 satellites are going to be very close to launching and by the
- 18:00Josh: end of next year, we'll have a full network of them.
- 18:02Ejaaz: It's hard to wrap my head around all of this being owned by one single company.
- 18:08Ejaaz: SpaceX owns the Starships. They own the satellites.
- 18:11Ejaaz: They own the AI. They own the distribution layer through the social media company.
- 18:16Ejaaz: And I'm sure I'm missing a bunch of other companies embedded within that and projects within that.
- 18:20Ejaaz: This IPO is going well over one trillion, dude. I'm going to bet like 1.5 to 1.7 probably closes.
- 18:28Josh: That seems like a good bet.
- 18:29Ejaaz: If it launches mid-year, I'm guessing it's going to be over two trillion by
- 18:33Ejaaz: the end of the year. This might be bull market speaking, but that's my bet.
- 18:36Josh: So are you a buyer of SpaceX? Are you interested in joining the IPA?
- 18:40Ejaaz: But I can go further than that. I'll be a buyer and a holder.
- 18:43Ejaaz: Like, I don't care what the price does.
- 18:44Ejaaz: Like, this company is a once-in-a-lifetime generational company,
- 18:49Ejaaz: probably literally out of this world.
- 18:50Ejaaz: So I'm going to hold and bet on Elon for this one.
- 18:54Josh: Yeah, you and me both. I'm in it. This is going to be really exciting.
- 18:56Josh: I will be holding my SpaceX shares for an eternity.
- 18:59Josh: And I'm just, like, admiring from afar and from hopefully close up of all these
- 19:03Josh: amazing things they're doing,
- 19:04Josh: how they're changing the world and how it's just uniquely positioned in a
- 19:07Josh: way that no other company can do they've been building this for so long
- 19:09Josh: and they have such a far head start and they're just continuing to
- 19:12Josh: put their foot on the gas and crush it so that is the starlink update that is
- 19:16Josh: the cool new technology that is coming to a cell phone near you the days of
- 19:21Josh: dead zones are over and i cannot personally wait because i go hiking a lot i
- 19:26Josh: love being out in the middle of nowhere and i never have connection and some people value that but.
- 19:31Ejaaz: When you don't those instagrams
- 19:32Josh: When it's emergence is yes someone's got to post the pictures come on
- 19:35Josh: now um or perhaps you just want to like you know reach out to someone or find
- 19:40Josh: a map so you don't get lost or don't get hurt there's a lot of help yeah there's
- 19:43Josh: a lot of use cases across the board regardless of whether you want to be connected
- 19:46Josh: to the internet or not it is valuable having that option and that's what spacex
- 19:49Josh: enables and that's what starlink is going to do and it's just this unbelievably impressive project,
- 19:54Josh: From Elon and co. And yeah, it's just been awesome. So hope you enjoyed this
- 19:58Josh: episode. Any final thoughts before we leave?
- 20:00Ejaaz: No, it's been awesome. Thank you, folks, for listening. There are thousands,
- 20:04Ejaaz: literally thousands of new listeners to the show. So welcome.
- 20:08Ejaaz: We are finding you and seeing your comments across X, across YouTube,
- 20:12Ejaaz: and across all other publications that we have on newsletter as well.
- 20:15Ejaaz: You guys are extremely active and we appreciate it. If you enjoyed this episode, give us a thumbs up.
- 20:20Ejaaz: If you're not subscribed, please subscribe. It helps us massively. turn on
- 20:22Ejaaz: notifications if you're feeling particularly generous if you're listening to
- 20:25Ejaaz: this on a platform like Spotify or Apple
- 20:28Ejaaz: Music give us a thumbs up give us a rating it helps us out massively we just
- 20:32Ejaaz: had an awesome episode come out around uploading a human brain onto an AI chip
- 20:37Ejaaz: and getting it to play a computer game as well as uploading a fly brain go check
- 20:41Ejaaz: that out none of what I just said is unreal it is literally it happened go check it out
- 20:47Ejaaz: and yeah that's it we'll see you guys on the next one
- 20:49Josh: Awesome thanks for watching see ya.