
Dan welcomes Dave Lashmet to discuss the SpaceX IPO and alternative investment opportunities in space technology.
In this week's Stansberry Investor Hour , Dan welcomes Dave Lashmet back to the show. Dave is the editor of Stansberry Venture Technology , an advisory that takes a "venture capitalist" look at the market. Dave scours the market looking for little-known small-cap companies that are potentially producing the next wonder drug or technology. Dave kicks things off by discussing the SpaceX IPO. He calls the company a "Tower of Babel," saying the best use case for Starlink is to replace cell phone towers. However, Starlink's satellites can only provide service for up to 1,000 people. In rural areas, this is fine, but larger cities and the surrounding areas would have higher demand. Additionally, Dave says that there's a 10-year gap between Earth-based and space-based communications. Unlike cell phone towers, satellites have to go through additional processes to ensure that they will function properly while they're in orbit. But in the midst of the IPO, Dave says that Alphabet subsidiary Google will be a major winner. (0:00) Next, Dave shares how the SpaceX IPO will result in many folks investing in 401(k)s to be holding shares of the company unintentionally and how that happens. And…
Host: Dan
Guest: Dave Lashmet
Organizations: Stansberry Venture Technology, SpaceX, Alphabet, Google
Products: Starlink, four-color camera
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