Achieving rapid, full two-stage reusability of Starship is the foundational requirement for SpaceX's launch business, and by extension for making orbital AI compute economically attractive.

7:27to get to the economics in AI that make orbital compute something that's very economically attractive. >> Right. >> Outside of the idea that we are in shortage for power, shortage for chips. Right? Um so, I think rapid reusability is the main thing that we're watching for and I think most people should watch for. Um, you know, Elon talks about it a lot, but getting these rockets to fly at a

7:50cadence that's comparable to an airline, right? And and Gavin has used this analogy before, but um, the old rocket industry was kind of like, imagine boarding a plane, flying to California, getting off the plane, the plane explodes after. Um, so I think what SpaceX are ultimately trying to achieve is have a Starship fly both stages, not just the booster. Um, uh, 30, 40, 50 times before you have to retrofit that ship.

8:20Um, and when you do that, you're amortizing the cost of the vehicle over many flights, right? And that's what brings the cost down significantly. Um, >> But that's a really hard problem to solve. >> Extremely difficult and look, I think the company, you know, have been loud and clear, they're going to attempt to bring back the second stage >> Right. >> of Starship later this year. >> Right.

8:43>> Um, and then make it reusable, you know, re-fly the second stage next year. Um, and from there, ramp up the cadence. But at the end of the day, driving down the cost of launch is what enables all of these other businesses and is what makes them so attractive relative to incumbents. >> So how many how many times are we Starship just launched Starship 3, you know, just launched. How many launches

9:09are you know, do you think kind of the consensus out there is assuming, you know, two or three years from now? Like what is the launch cadence? Are we launching one of these every day or we launching one of these every week or every month? Like where are we in terms of expectations? >> Yeah, so look, I think expectations for now, you know, we're going from, you

9:27know, call it 160 165 launches last year up into the high hundreds of launches in several years and, you know, getting into the thousands of launches probably in the next 3 years thereafter. >> Okay. >> Um I think the company have aspirations. >> Thousands of launches, you're launching, you're doing two or three launches a day. >> Right. >> Right. And then talk to us a little bit,