# The most simplified breakdown of the SpaceX IPO on the internet Page: https://stenobird.com/podcast/my-first-million-438184/the-most-simplified-breakdown-of-the-spacex-ipo-on-the-internet Text version: https://stenobird.com/podcast/my-first-million-438184/the-most-simplified-breakdown-of-the-spacex-ipo-on-the-internet.md Podcast: [My First Million](https://stenobird.com/podcast/my-first-million-438184) Published: 2026-06-12T10:56:00+00:00 Episode link: https://pdst.fm/e/traffic.megaphone.fm/HS2271768526.mp3 Audio file: https://pdst.fm/e/traffic.megaphone.fm/HS2271768526.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/my-first-million-438184/episodes/the-most-simplified-breakdown-of-the-spacex-ipo-on-the-internet Duration seconds: 4047 ## Resource Get our Business Idea Database: https://clickhubspot.com/wjsl Episode 833: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) breakdown the biggest IPO of all time. — Show Notes: (0:00) what even is SpaceX (7:11) What even is a trillion dollars? (8:51) Launches explained (9:07) Starlink (14:07) Data centers in space (17:39) Starship (24:46) Grok (28:06) a wonderful business at a silly price? (34:16) the mission (37:51) SBF's $114B fumble (39:04) funny, weird, surprising nuggets from the IPO (42:35Who's getting rich this week? (51:13) The genius insight of Luke at Gigafund (55:46) Pessimists get to be right, optimists get to be right (59:12) Elon's comp package — Check Out Sam's Stuff: • Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC • I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano / ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/my-first-million-438184/episodes/the-most-simplified-breakdown-of-the-spacex-ipo-on-the-internet/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/my-first-million-438184/the-most-simplified-breakdown-of-the-spacex-ipo-on-the-internet.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.