Delian Asparouhov on the market selloff, SpaceX Starship complexity, and why Europe rearming is both necessary and risky

you doing Delan what up M congratulations on laun Mak great again yes thank you thank you uh what's new with you how did you uh how did you enjoy the weekend uh you know um Tahoe terrible place to ski great place to hang out with friends always you know sort of happy to uh you know sort of be there and uh you know God bless you know sort of Cogan's wife for being willing to carry two big cgans inside of her once upon a time really hard would want to do that myself well I mean she got she got a relaxing weekend it was good uh all worth it you have twins you have twins if you have twins twin boys give me a third son yeah I'll take you to Tahoe I actually didn't get to ski with you Delan are you good can you do back flips in 360s or um you know I think I was the best skier on the trip but um you know I'm not quite at the level of doing backflips but I do have many friends from high school because I went to high school in Utah that are very backflip capable um including my little brother Pav's co-founder Jeff melli he's a sort of CEO out of New York not skiing very much but here so this where are you on the where are you on the skiing rist curve uh do you ever SK scare yourself skiing John and I were talking yesterday if you're getting to the point where you're just genuinely scaring yourself consistently just probably too far but at the same time skiing I was telling a story in December I was in the Alps and having the best run of the trip you know got distracted for a second and fell like 200 feet got a yard sale did a yard sale then fell like another 200 feet but you know that that happened once on the trip that's maybe the most that I'm comfortable with where where are you on the rist curve um you know I think I'm uh very bad at the risk curve and I should be better at that given that I have a wife and you sort of child um but weirdly somehow in skiing is not the place where it shows up like I've had probably more near-death incidents in like the first quarter of this year than like you the prior decade basically combined um and so it's made me think a lot about maybe I need to adjust my wrist curve but somehow skiing because I've just skied for so long that I know the downside of like I did all the crazy shoots and cliffs and all that stuff when I was younger so like I don't feel the need to like quite go that crazy but then again earlier this year I found myself in this place where I was just like I kept powder hunting uh where was I oh yeah in Deer Valley and I just kept going slightly more off piece and slightly more off piece and slightly more off piece until at some point I found myself going a little too fast off a cliff that I didn't know was there I managed to catch myself but unfortunately like halfway down the cliff where I no longer had an option of like climbing up I just had like the Rocks below me but not enough speed to clear them and so I was like well there is only one way out of this that doesn't involve like you know waiting an hour for ski Patrol to like you know come and grab me and it's like it's time to go rock skiing rocking launch myself skied across the Rocks a little bit went off and I was like I think I'm done for the day so you know like think I've gotten better at my wrist curve but um yeah I purposely only grabbed super thin uh racing carving skis CU not even tempted to go off piece the only thing that these things are capable of is carving are you uh are you having those near-death experiences as a pilot you fly small planes the pilots I know will tell me these stories where that are just like the most harrowing stories about a single landing on just like what was supposed to be a casual trip and they're like yeah it was raining and we lost connection with the tower and it was like completely pitch black and there was no lights on the runway so we had to land and the plane was like going backwards there was so much wind and I'm like how does your wife let you do that uh where are you having near-death experiences other than skiing um you know every motorized vehicle that I found myself behind you know whether it's in the air or not I I I somehow have found myself in a bad situation over the past quarter so I'm so deep in the dogghouse that um I I'm putting myself through a remedial uh you know program of you know I'm very good at the technical nature of the operation of the vehicle but it's the higher level risk calculus of what situations I put myself into that is very poor um so my uh remedial program is I went uh and uh back to all my uh flight trainers and I went and found the oldest one um because as they like to say um there are bold pilots and there are old pilots but there are not bold and old pilots I think it's important for me to become an old pilot rather than a bold one and I think right now sometimes I'm a little too bold so that's great Mr Keith out from South South La which Speaking of you know excited to be you know in LA with you guys a little more often lately yeah yeah yeah we're we're happy to have you uh well stay safe we I wanted to run something by you obviously there's turmoil in the financial markets uh we were pitching something called the yard sale theory of financial markets where uh basically every ski season the capital allocators go they're speaking freely on the ski lifts together they know no one else is listening they share stock tips and then the market crashes and so if you look at like Theos it happened during ski season FTX happened during ski season Enron was discovered during ski season uh what do you think of that or why do you think the Market's going down right now what what's gone wrong um um you know there is a like uh historical seasonality to like the stock market I remember you know sort of seeing something similar where it was basically the past like you know sort of 50 years of the steepest dry Downs of the S&P 500 something like 80% of them happened between like October and February there's a component of that that I'm sure is also like tax season related where like people want to lock in you know sort of gains versus losses at the end of the year but not too closely you know sort of couple to it I'm sure there's a component of it is you know people sharing stock tips and Aspen there is also the presidential transfer whether it's you know sort of this year or any prior year always happens at this time of year which also introduces volatility and people don't like volatility the one bull sign that I'll say is I was just looking at this I don't know if you guys know this website true inflation uh which basically tries to do like a week to week um analysis of inflation just tracking grocery store prices Etc it has it is actually showing like a pretty steep drop over the past 15 month so I'm I'm a little bit of a believer of like the Scott bessent um you know there is going to be a detox period sure now I think some of the moves that the administration are making feel like a little um blind and they clearly are sometimes pulling things backward it's like you do the tariffs you roll them back you do a bunch of layoffs and then some of those layoffs like in Noah I was just reading today where like they laid off a bunch of like the Noah commercial s remote commercial sensing team and then there was a huge you know sort of backlash and so some of those people got rehired like a week after getting fired by you know sort of Doge and crew so there is a little bit of like I feel like they're taking you know sort of a chainsaw which is not unreasonable when you need scalpel because it's just like the scalpel may take too long and the you know admin only has two years before like Congress potentially flips and so it's probably a reasonable you know sort of approach but I think that's what you're seeing in the market is dear God like the you know sort of President and Elon are taking a chainsaw of the federal government and uh that's you know introducing some level of volatility I like this um you know you've I'm sure heard you know Peter say this a bunch but I love his um you know analogy on what is the US president and it's you know they're the mayor of the United States but the dictator of the world um in that you know they basically have infinite power over foreign policy um but actually pretty limited power domestically and so there's so much of like the S&P 500 that's been propped up over the past couple years by just like insane amounts of foreign inflows that starts to become you know sort of very uh um aggressive to some of our you know sort of Partners and allies and especially in Europe you'll start to see some of that you know sort of flow out into like their own domestic stock market which again you know I'm not saying like I'm somebody that you know obviously comes from Eastern Europe and I'm you know sort of crazy anti you know sort of Russia um and so I you know don't necessarily you know want us to totally concede to Putin but at the same time I also think it's important for Alish to finally like you know get their you s [ __ ] together now rearming of Germany we've seen how that's gone the past couple times so you know we got to be a little cautious there you never know uh you know afd you know Elon being very Pro afd probably good if afd gets too powerful you know maybe we're back to Leen and so that's maybe a little you know sort of tricky um but you know the Germans probably you could stand to be a little more you know prideful speaking on uh Starship uh you a theory for how long it for why it's taking so long real quick before that because it sort of leads into this right as the Doge stuff started to get very intense and was sort of top of Mind NASA just happened to come out and they said oh by the way there's asteroid that's it's basically it it was like doubling every day hat on yeah yeah I got to I got to throw this on we keep this nearby for incidents like we discuss conspiracy the yeah um it was like almost every day it was like doubling that the the chances that an asteroid was going to hit in 10 years and I was like this is just like it's 10 years out it's particularly convenient conveniently timed now we finally need NASA yeah yeah yeah that that that was that was kind of the joke but H how to do you have any insight into how um into why they they could have had some an event that's far enough out that we have probably quite a lot of data on that then there could be that amount of variance in such a short period of time around something as catastrophic as impact um I'm going to you know bring up a totally unrelated point and then answer your question uh the totally unrelated point is uh uh China has now confirmed that they're going to fly Pakistani astronauts to the Chinese space station um so for the first time now I'm not saying that Pakistan is like a huge you know sort of lover of the US or anything like that but I actually don't know too much about like the you know General foreign policy history with them do they like us versus China more I mean China did basically invade you know their next door neighbor India but I know they hate the Indian so maybe because of that you know the enemy of my enemy is my friend and so maybe Pakistan likes China but I think the interesting thing to think about there is that China is exerting soft power not just VI like the belt and Road initiative and like investing into infrastructure but it's like you know come visit our infrastructure and starting to build up a coalition around that because you can imagine that eventually turning into you know Pakistani astronauts visiting the Chinese lunar station and you know I don't know if Pakistan's good at a lot of things but like maybe they're good at having you know s of some of their folks go up there and be you know sort of lunar miners that may have a very high death rate early on but you know maybe they're willing to you know sort of push for that so thinking about some of our you know sort of enemies you know coalescing around you know sort of stations in space you know potentially scary thing we got to think about what we do as America on the like asteroid tracking I I kind of buy it in that man it's so hard to track even our satellite and we know where SpaceX dropped us off and like where things are going and that's like so close to Earth the idea that like we have perfect track on these like asteroids super far out out you know there is I think a lot of statistical you know variability and then you have to like you know the reason that there was you know increasing increasing and then set and drop is I'm sure what was happening is we have a bunch of these like you know sort of deep space radar Etc different assets one of them starts to pick up hey this thing is starting to get close and then it may take some time for us to like spool up a bunch of resources you probably need the Earth to spin around a couple times you have like the Australian radar Etc pointing at it and then we just get better and better and then all of a sudden you drops down to zero yeah every time that because is it really felt like every day it was a sort of doubling effect so uh and it's very possible that it was like the Earth was just spinning around we were getting another look at it yeah that makes sense uh but yeah going back we know though that we did a like um a test run on this so NASA actually about two and a half years ago did a test run on what we would do if we had to deflect an asteroid um and so they basically slammed a satellite into an asteroid going crazy fast and then measured that they were able to adjust um the course of the asteroid so how does that work exactly is that like there's there's already an there's already a satellite up there and they just task it to move a little bit to intercept or is this like we're going to launch a new rocket with a new satellite on it specifically for this like what's the trade-off there I think one of the things that helps with SpaceX and this is both true for like um space Bas like even stuff that V you know sort of works on on the defense side because you know falcon9 are basically going up like every 24 hours now you don't have to think about this stuff as much as like fixed assets in orbit needing to be ready to go because the difficulty with that is like now you have to think about like the longevity the maintenance of that asset you have to you know sort of replace it CU people don't realiz is like if you're up in low earth orbit it's not like you get to be up there infinitely cuz like there still is a little bit of atmosphere up there and so you have a little bit of drag and so if you're like 500 kmers in the size of a Vara satellite you'll still deorbit over the course of five years and basically come back down sure and so with something like that we could actually just like you know have the satellite basically ready to go in a storage facility down here on Earth the moment we know the asteroid is starting to head towards us then you know basically go launch it and so um they've demonstrated that you know sort of now you know in terms of the like go launch the custom satellite and go send it directly at an asteroid and go hit it and then space even though the satellite is like so so so so so small relative to the asteroid the speeds are just so insane that like you're going at such a speed that it's like basically like a th nuclear weapon getting like you know detonated on the asteroid at those speeds and you can actually like adjust this thing's course and if you're like if you hit it when it's like seven years out even like a 1% adjustment is like a th000 kilometer you know basically like you know going off course in which case you like totally missed the Earth and so yeah I don't think we need to be too worried about the astroid itself we've gotone pretty good at you know detecting that and uh you know now showing that we can deflect it unless read the um what's it called Neil Stevenson book Seven EES oh yeah do that goes through the moon yeah then we're [ __ ] well so so every guy you know thinks they could land a commercial airliner like if if required right is sort of like oh I could do it like you probably actually could given your experience as a pilot but if we had an asteroid coming here it you'd probably secretly get a little bit excited cuz you're like all right yeah it's my time like I'm the guy I'm going to Def the asid speaking of needing to you know land an airliner as a pilot if one were to ask me what's your favorite situation if you had if you put me behind the cockpit of 747 you're like d you got to land this thing I would say I would want to be in the northern latitudes at daytime on a very cold day in the winter with super clear skies why because that's basically like the highest air pressure that you can basically get so the atmosphere is very um and at sea level so the atmosphere is very giving basically you have like a you know sort a ton of you know both lift but then also when you you know sort of put your you know sort of Flaps in a ton of drag it's basically almost like you know flying like the equivalent of like if you've ever seen XKCD comic of like if we had humans on Titan which is one of the moons of Jupiter um you could actually just go out there with like wings and the atmosphere is thick enough that basically like we can just you clap our wings as humans and fly um and so it's pretty surprising that you know a Delta pilot Landing in Toronto in the middle of winter on a cold clear day with super high air pressure somehow flip that thing upside down that is literally like should be the easiest situation to you know sort of land in so well we need to give you the the tinfoil hat and you can tell us what really happened you got I mean you know there's a lot of like you know Dei accusations going up there maybe it's you know the Canadians are starting to try to uh you know fight back against the trade Wars by you know making our planes flip upside down UFOs or something who knows uh talk to us about SpaceX last week uh the haters the space haters were taking a Victory lap uh what what's your take on the situation as as as an entrepreneur who's building on top of SpaceX infrastructure uh obviously a big believer why is why is Starship so much harder than Falcon 9 on this like walk us through some of the complexity there yeah I mean you have to remember Falcon 9 was in the early days ultimately based off of technologies that had like a ton of Heritage there wasn't really anything that was that totally net new other than as they started to you know sort of do the landing lags and the grid fins right um and those were obvious very you know that new and as we saw it took them like you know basically on the order of remember like the first landing was like 2014 when it really got operational I would argue it was like sort of like end of 2019 so it was still like a five five and a half year and by the way they were trying to land for like two years before that so call it like two years of lots of failed tests five years even from when the first test succeeded to when it became operational that was obviously in some ways a much simpler vehicle it was smaller it was based off of like you know technology that had a lot of Heritage everything from the metals they were using the way that the rocket engines were you know designed there was a lot that already had a ton of Heritage as we flip over to Starship those Technologies just do not scale to the size of you know s Starship um especially as they started to think about like distributed engine architecture they wanted to be able to reenter Etc so like Starship is you know both a huge leap in size but you're also like discarding this whole history of Aerospace that you can you previously you're building on top of and so the fact that they've even made it this far this quickly is I still think astounding obviously the company's a lot bigger they have more resources you want to push for like hey they should be able to make you know sort of faster progress um but I I don't see it as any sort of like existential you know sort of risk I think it's just that the company's way more high-profile like in 2013 and 14 when all these Rockets were like landing and blowing up I don't feel like there was like huge news Cycles around each one because Elon was like a loved lib you know that you know the media you know treated as like a darling versus like you know he's you know seen as a Nazi and so anytime anything ever so slightly you know goes wrong they're trying to you know sort of attack him I mean SpaceX even turned the all the crashes into this like Vibe Reel with like in the Hall of the Mountain King playing and it was like celebrated by everyone it was like oh yeah they blew up so many Rockets this is how progress happens it's awesome it was great yeah and now it's like there's also I don't know if you guys saw actually Kiko dunf who's the uh VP of launch at SpaceX actually just uh wrote um you know maybe it can be one of the tweets you guys discuss at some point but uh he just earlier today like two hours ago wrote this like super long tweet to like a random um SpaceX um uh fan Twitter account basically asking like what's going on why are things are taking you know should longer Etc um and if you want I can even text it to you I don't know if it's something you guys yeah we should pull it up right now and maybe walk through it yeah let me let me text you the uh I I got it here I found it oh you got it don't yeah cool it's like this long you know sort of super long reply but it basically like look like you know they are just flying a lot so because like Falcon 9 has also had more issues over the past you sort of six months than like the prior like five years you combined and I think you get it from his point it's like you know sort of look some of these boosters are getting you know s of a lot older also just like the sea conditions you know off of you know Florida have actually been you know sort of pretty crazy and so that's been more refurbishment um we're now starting to learn what happens when something flies 12 13 14 times in a row and so we still have a long ways to go until like Falcon 9's are at the level of safety of like a 747 but remember with commercial Aviation from when like the first jet tube you know sort of airliner came on to when we basically stopped having deaths other than Let's ignore the DC thing you know which you know more has to do with like air traffic control than it does with like the jet it took us on the order of like 50 years for those things to become very very safe right like we basically had lots and lots of airliner crashes in the United States until 2012 and then in 2012 they basically stopped or maybe was like 2010 and we didn't have them for like 15 years other than this like DC thing and so I'm sure Falcon 9s will get to that point but like it may be like you know 30 years of finding all the weird edge cases atmosphere this C condition this thing before these things are like as reliable as commercial Jets and they're more you know complicated than commercial jets are oh one analogy that I like to you know s to bring up that you know some of the viewers might like people think about like how expensive is it to go to space Etc um if you think about it on like a unit of fuel of like how much fuel you need to get up there the amount of fuel that it would take for uh somebody to transport us from like London um to New York on a 747 that's basically the same amount of fuel like hydrocarbon energy that you would need to get up to orbit uh so it gives you a sense of like once you on a per person basis yeah on a per person basis Bic so at this point if you think about your like tickets to you know from London New York it's actually mostly the fuel cost right like they've largely advertised the airframes over so many passengers and so many flights you're barely paying for that and so to give you a sense of like what is the terminal cost of going to orbit it's going to be roughly like a cross-atlantic flight is basically like how much it should cost like on the order of like 500 to 700 bucks for like an economy ticket interesting yeah great uh that probably unlocks point to point as well then like the SpaceX point to point just like using the Rockets to get from New York to Japan as well similar cost yeah yeah I mean obviously that's where it's like okay the Rockets now have to be probably as safe as because the people that're going to pay for that are going to be like the richest people in the world they're also the most safety conscious which is what I always think about when people are talking to these like faster Jets Etc I'm like man people are definitely willing to pay for some speed but like rich people also really care about being safe too so there is a little bit of this like you know people claim hey I'm going to build the like you know the Tesla style you know what what was their first vehicle called the expensive one and then you know on the Roadster the Roadster of planes approach is like a little harder to do like the the crazy people are more the like you know small you know sort of Pilots like me that are a little crazyer but like you know I don't know that like you know Mr Peter is uh you know hopping on jet anytime soon yeah talk about Eric Schmid going to relativity space he's obviously been a big backer of the company uh you've you have some of your own opinions uh and then would love to maybe extrap have you extrapolate a little bit on for context we don't we don't we cover a lot of posts on X here but we we don't cover uh deleted posts so yeah that's probably great deleted post performing quite well um but you know the team here is all about not making enemies so I've got to play it a deep State the Deep State came for you there's the problem with two jobs is you have twice the number of people that are trying to get you to delete tweets and so yeah I think I should have zero jobs that way I have zero X the number of people trying to get me to delete tweets I can't wait for that moment when you're just running your family when he's running his family office from Mars and he can just say whatever he wants no but just talk 30 minute delay so even if people ask me to it's so late it's like d it's been up there for an hour already you know sorry uh talk about relativity as a company that presumably would want your business you know should it you know continue to make progress yeah I mean you have to look at it from our perspective right we have to sign launch contracts basically on the order of like two years out because that's basically how long it takes us to like supply chain plan things build Vehicles Etc that's how far out our customer contracts are um you know we plan on you know call roughly that two-year cycle and so if I'm signing a launch contract two years from now I better have that you know vehicle ready to go otherwise like my customer is going to be disappointed and all of a sudden I'm like holding up revenue and so from a commercial basis it's like really hard to sign contracts with anyone but SpaceX right now because no one's showing any level of repeatability like even though you know s of blue origin has gotten into space Firefly rocket lab Etc have nobody's matched like the consistency or the price of SpaceX and nowhere close to it right it's like um yeah there's just there's not even like um an obvious number two even anytime soon it's like for me to feel confident in you know let's say relativity they would both have to launch like this year they' have to probably do it multiple times and multiple times next year and then mightbe maybe at the end of 2026 I would consider signing a contract for 2028 and so man that's like a really tough business to take over you know I think in 2017 the sort of consensus Viewpoint in Silicon Valley was that launch was this commodity there was going to be like you know four or five players there was going to be very you know sort of low margins um and it wasn't going to be a place where you could generate many you know sort of venture returns and it turned out that it's actually quite the opposite there's basically one player SpaceX effectively represents 99% of the market and has like insane profit margins on their launch business it's something on the order of like you know sort of 50% you know sort of gross margin is like the rough report numbers that I've seen publicly and so man stepping in as Eric Schmidt into relativity it's like one my understanding is he's basically funding the company payroll to payroll that I always think is a really hard um cultural place to to be as a company because you're both on the brink of death but then also you don't have an obvious death date yeah the emotional sort of you know you might feel great about the company one week and the next week and the CEO is like ah should I should I time whereas funding you're like at least I'm funding for 24 months of Runway and the EXP have good weeks and bad weeks Etc yeah exactly like this is why I think all a lot of these billionaire funded projects where the billionaire has made clear that they will back stop the company somewhat indefinitely without a clear end date have never really worked because you don't have this clear like I think what's become the magic of venture and how it's been staged out is like you have this very clear window you have 24 months you have to accomplish a lot if you don't you're dead and if you do you get to march on to like the next window and like there's a reason why Larry Ellison has a farm on he spent like almost like a billion dollar F he's like half a billion into it and it doesn't seem like it's going too well yeah and it's like I I think when people try to avoid this and sell fund like I tell billionaires when it's like when you're going to start a company don't do the back stopping thing still raise the M participate alongside the Venture rounds and make it clear that you'd like to invest in the company but predicated on like again hitting you know sort of these milestones and growth and so the thing that I think is really hard about this a situation is like you're both totally decoupled from the like we need to hit milestones in XYZ period of time but also it's not like you know Eric has indicated I'm going to fund this thing for multiple years you're sort of like you know on some indefinite you know time period which is like the worst parts of Both Worlds and then also SpaceX just continue to succeed and there's other players like you know at this point relativity was thought of in 201 21 let's say relativity was thought of as like the number two just because they had so much funding momentum Etc it's like you're not even number three anymore right like number two is obviously very much a rocket lab number three at this point is Firefly right Firefly is actually getting to space a regular basis they just landed on the moon um you know I'm sure it's going to generate a ton of investor interest for them like even though their prior you know CEO twiddled some ddles and had to get you know booted from the Biddle um you know the new CEO is uh you know hopefully not gonna twiddle some Bing Rockets instead let's keep it Focus Rockets are there are there any uh how closely do you track you know China's progress do they have anything that could be competitive with Falcon 9 in the next 15 years I'm assuming they're stealing all of our sort of Trade Secrets actively uh but it still takes even if you have the master plan and you know even the schematics it's takes quite a lot is there a Chinese V yet uh there's an Indian v as of yesterday yeah um it's actually in the latest white combinator batch um props to them um it was a very cool launch video okay that was awesome um you know look forward to hopefully they being Chinese vaa and you know uh African vaa and you know I just want every continent Azie V you know Russ it would actually be very bearish if you weren't getting copied right you want them that's always my perspective if you're not getting copied then your idea is probably not very good there are plenty of SpaceX copycats even today of course um on the Chinese side they don't have anything that is anywhere close to Landing but they're clearly just willing to throw manufacturing and bodies at the problem where I think it's something like SpaceX has launched 27 times so far this year um China has basically launched 19 so it's I mean in the grand SCH of things it's like pretty close I believe um they just you know are you know very good at manufacturing these things very rapidly and then just pumping it off the line and just not dealing with you reusability and so it's some been like there's a couple of Indian launcher companies that have taken that approach too was like we're not even going to try and do reusability anytime soon we're just going to make these things super super super cheap and then at some point we'll think about reusability down the line and so the Chinese are definitely like if it weren't for SpaceX man there would be like red Panic Bells all over the place um you know sort of God bless that SpaceX has actually succeeded the level they have otherwise we would be like very far behind the chines um is there is what what's the chatter within the space industry of uh you know we've seen plenty of you know undersea cables being cut uh how worried is the average space founder generally like how worried are they about sort of sabotage is that something that that's sort of like a risk factor in a in a series C deck where they're where they're like you know you know is is that is that even the right question to ask I would say like not too worried and it's not to say that it could happen or anything and we should underwrite this but it's like the the the thing that would be really bad is if like Russia basically you know nuked lower orbit you know that a three nuclear weapon and you had a bunch of like highly charged ion particles you know basically orbiting around Earth at a much lower level than where like the Van Allen belt is so it basically destroy everybody's Leo business right now part of why starlink works is they're low enough um in orbit that the Earth's magnetosphere basically deflects the solar winds um so you're you still relatively protected if that all of a sudden becomes a very unprotected Zone you have a ton of radiation man everybody's economics basically just blow up actually one of the few that probably doesn't blow up is vaa because radiation basically screws you on a day-by-day basis and we don't need to be up there for very long but anybody whose business case is built off of like being in space for a longer period of time man if the Russians launch a nuke up there they'd be really hard and I haven't seen any like how one would fix that problem if they did like I I don't think that like there's even like a hypothesis for how to do that like you maybe some like really big magnets or something but I don't even know there have to be massive magnets up there so I don't know like the Russians detonated nuke and I can see them doing it where like they just keep falling behind they see starlink helping Ukraine they see that like you know the United States is like winning this like you know new space race you know sort of 3.

0 and like you know us and China are leaving them in the dust and Putin is like dying you know breath to just like screw it nuke space cuz it's like you're not killing anybody but you're just tanking all the commercial space economies that'd be tough like it yeah it feels like most of the opportunities in space should be pursued by private companies that said stuff like thermonuclear radiation clean up and low earth orbit and like asteroid deflection are probably better suited for NASA Andor sort of NASA private Partnerships just because vaarda yeah you'd be a good candidate to potentially you know save us from an asteroid but it's not a good business model where you're like okay we have to like develop technology maintain it like carry this team but then maybe you never have to use it across 30 years it's not going to be necessarily a huge profit Center yeah I mean I don't think we're so religiously libertarian at Founders fund that we believe the government has no use whatsoever um so you know there is the occasional need for something that is you know of the public good and asteroid deflection and thermonuclear cleaning is probably you know should up there with that uh but yeah I mean hopefully you diplomacy is more effective than having to do the cleanup you know sort of part of it yeah makes sense well this is awesome I think we got to wrap up but uh thanks for coming it out coming out oh yeah thanks so much for having me boys and congratulations on a phenomenal launch day look forward to see success of TV hey we expect a cameo on the next video it's already in the works came in this one post iconic oh yeah oh yeah I mean look everybody needs an island vacation but you know read off really needs one you had a face C because because we used a clip from your Callin I wasn't talking about the Tweet you had two cameos I guess technically yeah oh I had two came two cameos cuz at at 37 seconds 38 seconds you pop up for a second as an example of one of the guests that we've had double Cameo I like my first better your first Cameo is good but yeah a little bit of an Easter egg uh fantastic having you on goodbye boys we'll talk to you soon that was great we we we legitimately have to get off because we have to we got to go get a flight I know you have the biggest podcasters High because you had four guest today when we promised the fans three and we did four that's the TV promise that's the TV promise thank you everybody for watching it's been fantastic having you we got a big day tomorrow we are going to be live streaming for six plus hours from YC demo day we're going to probably have more guests in one episode true probably 20 30 guests throughout the day Founders that are presenting investors that are looking at uh deals and uh it's going to be very fun great we will see you tomorrow morning stay tuned cheers see you later bye