Gavin Baker argues that being 'AI pilled' means believing compute needs and model value are underrated, and combined with SpaceX's core space business, it's an essential holding for institutional investors. ✦ AI generated
Gavin Baker · BG2 Pod · 2026-06-11 · original ↗
starts at this moment · 0:00
And I think we're all pretty AI pilled. And if you're AI pilled, that means we got to build a lot more compute than the world thinks. And that these models are going to be a lot more valuable than people think. You combine that with their core business, I don't know another entrepreneur or another business that's a better bet on the future, right, than SpaceX.
verbatim transcript · starts at 0:00
0:00And I think we're all pretty AI pilled. And if you're AI pilled, that means we got to build a lot more compute than the world thinks. And that these models are going to be a lot more valuable than people think. You combine that with their core business, I don't know another entrepreneur or another business that's a better bet on the future, right, than SpaceX. And so I think for
0:19most institutional investors, it's a must buy, a must own, a set it and forget it, right, in order to have a a real bet on both the space and the AI future. All right, here we go. Early morning Silicon Valley, BG2 is back. We're chopping it up on all things tech and markets. To do that, I have none other than GB in the house, Gavin Baker from a Treaties. He's brought his
0:53main guy, Andrew Fox. And of course, I had to draft Clark Tang into the mix, my partner, um to talk to to talk about some of the big questions of the day. You know, how should we be thinking about the SpaceX IPO? You know, what are the big levers? There are big numbers out there for what's going to happen over the course of the next few years. So, let's break
1:10that down a bit, help simplify it for folks. I Mythos launched yesterday. I want to talk a little bit about like who's up, who's down in the race for superintelligence. Where are we? What did we learn with the Mythos launch? And Clark was in uh in in in Taiwan last week um with Jensen at Computex and GTC. So, what was our takeaway there? What's going on with GPUs, memory? Where are
1:32the bottlenecks? And where do we go from here? To start everything off, um you know, maybe just kick it over to you, Gavin, talking about the SpaceX IPO. The IPO is in 2 days. Uh you're a big shareholder. Congratulations. We're also a shareholder. Uh you know, we also we expect to be buying in the IPO. The Wall Street Journal's reporting um you know, the Goldman Sachs are both
1:54saying 160 billion in revenue in 2028. Um we know that the IPO is $135 a share, 1.77 trillion. Um so when we think about kind of what the big levers are, there's so many moving parts in this IPO. Um nobody's better than you at just breaking it down, simplifying it. What are the key levers that we ought to be thinking about that you're thinking about over the course of the