JUN 25 · EPISODE #9
SpaceX's Bond Debut, the First Starfall Drop, and a Falcon 9 Playbook for AI Compute
SpaceX just earned its first-ever investment-grade ratings from Moody's, Fitch, and S&P, then printed a debut bond that drew roughly $90 billion of interest against a $20 billio...
JUN 18 · EPISODE #8
Tractable: Ex-Starlink Thermal Engineer McKenzie Sandberg on Cooling SpaceX's AI Satellite
SpaceX is finally public, and the IPO came in hot: an $85.7 billion raise that reshapes the near-term model, plus an all-stock Cursor deal that hands SpaceX AI the orchestration...
JUN 11 · EPISODE #7
Five Thousand Futures on IPO Eve: Inside the SpaceX Valuation Model | Episode 7
On the eve of the SpaceX IPO, Mach 33 Research walked through the valuation model behind its recently published numbers: a 5,000-trial Monte Carlo spanning roughly 350 assumptio...
JUN 4 · EPISODE #6
Inside Mach 33's SpaceX Valuation Model: Key Takeaways
In a Mach 33 private podcast recorded as the SpaceX AI roadshow began, hosts Aaron Burnett and Vlad Saigau walked through the latest generation of their valuation model, now exp...
MAY 21 · EPISODE #5
Anthropic's $1.25B-a-Month Deal, the ARPU Myth, and a Staggered Lockup That Tells Its Own Story
In this episode of the Mach 33 Private Podcast, Aaron Burnett and Vlad Saigau go deep on SpaceX's just-filed S-1, the registration that kicks off its IPO. They compare the filin...
MAY 14 · EPISODE #4
The AI Revenue Stack and How SpaceX Is Playing It | Mach 33 Private Podcast Ep. 4
Episode 4 of the Mach 33 Private Podcast introduces a new framework for the AI revenue stack, sizing it at roughly $41.6 billion per gigawatt of compute split across five layers...
MAY 7 · EPISODE #3
The Anthropic-Colossus Deal: SpaceX's Hyperscaler Question Answered | Mach 33 Private Podcast Ep. 3
Aaron and Vlad break down the Anthropic-SpaceX-Colossus news and lay out the thesis: this deal resolves the SpaceX-AI hyperscaler question by giving the orbital compute business...
APR 30 · EPISODE #2
Orbital Data Centers: Why Compute Is Going to Orbit | Mach 33 Private Podcast Ep. 2
Aaron and Vlad walk through our new 80-page Orbital Data Center report and lay out the thesis: terrestrial power constraints push compute off-planet, and orbital costs cross ter...
APR 23 · EPISODE #1
Week #1: A Private Podcast With Mach33
Each week, Mach33's research team unpacks the developments driving the space economy and adjacent deep technologies; from capital formation and market structure to the technolog...