{"podcast":{"title":"The Intrinsic Value Podcast - The Investor’s Podcast Network","slug":"the-intrinsic-value-podcast-the-investor-s-podcast-network-786362","podcast_index_feed_id":786362,"rss_url":"https://feeds.megaphone.fm/PPLLC9062165992","website_url":"https://www.theinvestorspodcast.com","image_url":"https://megaphone.imgix.net/podcasts/076071ee-759b-11ee-a791-d70f8c95e681/image/7d404f4d1bcf638fd482f8c84dba08cc.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"The Investor's Podcast Network","episode_count":778,"summary":"Presented by The Investors Podcast Network with over 10 million downloads — home to the popular We Study Billionaires podcast, The Intrinsic Value Podcast is a new show focused on breaking down businesses, estimating their intrinsic value per share, and deciding whether they should be added to an ongoing portfolio of stocks built out each week. From assessing the monopoly power of Google to determining the fair value of publicly-traded sports franchises, no topics is off limits in the pursuit of understanding as many different businesses as possible and putting together the ultimate long-term stock portfolio. Every week, The Intrinsic Value Podcast will you help get smarter about business, valuation, and investing — don’t miss out on the journey! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm","last_synced_at":"2026-07-22T18:18:43.322431+00:00","page_url":"https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362"},"episode":{"title":"TIVP083 (Video): SpaceX (SPCX): Is It Really Worth $2 Trillion Dollars? w/ Kyle Grieve and Shawn O'Malley","slug":"tivp083-video-spacex-spcx-is-it-really-worth-2-trillion-dollars-w-kyle-grieve-and-shawn-o-malley","published_at":"2026-07-15T09:00:00+00:00","page_url":"https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/tivp083-video-spacex-spcx-is-it-really-worth-2-trillion-dollars-w-kyle-grieve-and-shawn-o-malley","show_page_url":"https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362","url":"https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/PPLLC8211134051.mp3","audio_url":"https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/PPLLC8211134051.mp3","summary":"Kyle Grieve and Shawn O’Malley analyze SpaceX's blockbuster 2026 IPO, dissecting the company's three segments: Space, Connectivity, and AI. They’ll also look at its history, moats, capital allocation, debt, and incentive structure. They’ll stress-test SpaceX's aggressive $28.5 trillion total addressable market claim and walk through the key risks facing the business, from key-man dependence to regulatory exposure.  IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:06:28) How Elon Musk's early rocket failures almost sank SpaceX (00:08:11) How Space, Connectivity, and AI segments actually work (00:10:38) Why reusable rockets are reshaping launch economics (00:12:00) Whether the AI segment is worrisome (00:32:54) What's really driving Connectivity's improving margins (00:34:19) How to think about SpaceX's R&D and capital spending (00:42:00) Why SpaceX's debt picture is more nuanced than it looks (00:47:41) How Musk's pay package ties to Mars and market cap benchmarks (00:51:33) What risks could derail the SpaceX growth story (00:59:27) Why its claimed market opportunity may be overstated (01:05:28) Whether SpaceX's valuation can be justified by the numbers (01:09:08) Intrinsic Value of SpaceX (01:10:59) Whether Kyle and Shawn will add SpaceX to the Intrinsic Value Portfolio Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Track ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Portfolio⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Lear…","meta_description":"Kyle Grieve and Shawn O’Malley analyze SpaceX's blockbuster 2026 IPO, dissecting the company's three segments: Space, Connectivity, and AI. They’ll also l…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4552,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/episodes/tivp083-video-spacex-spcx-is-it-really-worth-2-trillion-dollars-w-kyle-grieve-and-shawn-o-malley/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/tivp083-video-spacex-spcx-is-it-really-worth-2-trillion-dollars-w-kyle-grieve-and-shawn-o-malley.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}