Why NASA Hired a Chief Economist

Bullish:

• $SPACEX - SpaceX has dominant market position in global launches and is vertically integrated with its own satellite internet product driving demand for its rockets.

  • “The US went from having essentially zero market share of global launches in 2,007 to now basically having 75% or above because of the success of SpaceX.”

    Alex·46:21

  • “SpaceX, its first major service was providing the government with cargo to the International Space Station. Well, that's a pretty high mass demand. It's not a small payload to get cargo to the space station. You've actually got to be able to launch a fair bit into orbit. Well, once you've already established a demand for something that is high mass, well, what other high mass things can you launch up into space using your existing infrastructure? Turns out the principal demand for SpaceX's rockets are its own products right now, Starlink”

    Alex·27:41
• $DATACENTER - Orbital data centers could bypass terrestrial permitting challenges and may become economically viable as compute demands grow.

  • “I'll say one of the big obvious benefits is not a technological one. It is simply that you probably don't need to go for extensive permits.”

    Alex·33:09

  • “There's no space NIMBYs who are going”

    Joe·33:20