1
00:00:01,240 --> 00:00:02,000
Speaker 1: Earners. What's up.

2
00:00:02,080 --> 00:00:04,560
Speaker 2: You ever walk into a small business and everything just

3
00:00:04,720 --> 00:00:07,880
Speaker 2: works like The checkout is fast, the receipts are digital,

4
00:00:08,400 --> 00:00:11,399
Speaker 2: tipping is a breeze, and you're out the door before

5
00:00:11,400 --> 00:00:15,560
Speaker 2: the line even builds. Odds are they're using Square. We

6
00:00:15,720 --> 00:00:18,280
Speaker 2: love supporting businesses that run on Square because it just

7
00:00:18,280 --> 00:00:21,520
Speaker 2: feels seamless. Whether it's a local coffee shop, a vendor

8
00:00:21,560 --> 00:00:23,840
Speaker 2: at a pop up market, or even one of our

9
00:00:23,880 --> 00:00:27,560
Speaker 2: merch partners, Square makes it easy for them to take payments,

10
00:00:27,760 --> 00:00:31,480
Speaker 2: manage inventory, and run their business with confidence, all from

11
00:00:31,600 --> 00:00:35,000
Speaker 2: one simple system. If you're a business owner or even

12
00:00:35,080 --> 00:00:38,600
Speaker 2: just thinking about launching something soon, Square is hands down

13
00:00:38,640 --> 00:00:41,680
Speaker 2: one of the best tools out there to help you start, run,

14
00:00:41,920 --> 00:00:45,240
Speaker 2: and grow. It's not just about payments, it's about giving

15
00:00:45,240 --> 00:00:47,920
Speaker 2: you time back so you can focus on what matters

16
00:00:47,960 --> 00:00:51,199
Speaker 2: most Ready. To see how Square can transform your business,

17
00:00:51,479 --> 00:00:56,120
Speaker 2: visit Square dot com backslash go backslash eyl to learn

18
00:00:56,160 --> 00:01:01,360
Speaker 2: more that Square dot com backslash, go backslash eyl. Don't wait,

19
00:01:01,640 --> 00:01:04,480
Speaker 2: don't hesitate. Let's Square handle the back end so you

20
00:01:04,480 --> 00:01:10,839
Speaker 2: can keep pushing your vision forward. This episode is brought

21
00:01:10,840 --> 00:01:12,760
Speaker 2: to you by P and C Bank, a lot of

22
00:01:12,760 --> 00:01:16,360
Speaker 2: people think podcasts about work are boring, and sure they

23
00:01:16,440 --> 00:01:20,319
Speaker 2: definitely can be, but understanding of professionals routine shows us

24
00:01:20,319 --> 00:01:24,840
Speaker 2: how they achieve their success little by little, day after day.

25
00:01:24,959 --> 00:01:27,440
Speaker 2: It's like banking with P and C Bank. It might

26
00:01:27,560 --> 00:01:30,440
Speaker 2: seem boring to save, plan and make calculated decisions with

27
00:01:30,480 --> 00:01:33,520
Speaker 2: your bank, but keeping your money boring is what helps

28
00:01:33,520 --> 00:01:36,640
Speaker 2: you live a more happily fulfilled life. P and C

29
00:01:36,760 --> 00:01:41,920
Speaker 2: Bank Brilliantly Boring since eighteen sixty five. Brilliantly boring since

30
00:01:41,959 --> 00:01:44,640
Speaker 2: eighteen sixty five is a service mark of the PNC

31
00:01:44,720 --> 00:01:48,680
Speaker 2: Financial Service Group, Inc. P and C Bank National Association

32
00:01:48,880 --> 00:01:49,840
Speaker 2: Member FDIC.

33
00:01:51,800 --> 00:01:57,200
Speaker 1: Okay, so, SpaceX they are considering selling shares at a

34
00:01:57,200 --> 00:02:01,200
Speaker 1: two hundred billion dollar valuation. Smart, So, hey, what's your

35
00:02:01,200 --> 00:02:04,560
Speaker 1: thoughts on that? And then be how will SpaceX affect Tesla?

36
00:02:05,280 --> 00:02:08,040
Speaker 1: And which one of those two companies is actually the

37
00:02:08,080 --> 00:02:11,360
Speaker 1: company to invest in if you can actually invest in

38
00:02:11,560 --> 00:02:12,200
Speaker 1: invest in it?

39
00:02:14,600 --> 00:02:16,880
Speaker 3: Yeah, I love them when you guys peak this post up.

40
00:02:16,919 --> 00:02:20,239
Speaker 3: I think if we can be very honest and starlink

41
00:02:20,280 --> 00:02:23,600
Speaker 3: are the two better companies. I know he can't walk away,

42
00:02:23,639 --> 00:02:25,280
Speaker 3: but if I were Eline, I were trying and find

43
00:02:25,280 --> 00:02:28,079
Speaker 3: the CEO, I would be chairman of Tesla and focus

44
00:02:28,160 --> 00:02:32,239
Speaker 3: on SpaceX and Starlink. I think a lot of people

45
00:02:32,840 --> 00:02:35,840
Speaker 3: think because he owns all of the companies, that's gonna

46
00:02:36,000 --> 00:02:41,280
Speaker 3: directly benefit Tesla. Maybe, but unless they are acquired and

47
00:02:41,320 --> 00:02:45,399
Speaker 3: put into one parent group or parent company, I don't

48
00:02:45,400 --> 00:02:49,160
Speaker 3: think this will affect Tesla positively how people are hoping

49
00:02:49,160 --> 00:02:53,040
Speaker 3: it will be. But I do think Starlink and SpaceX

50
00:02:53,080 --> 00:02:58,799
Speaker 3: are like promising businesses. If he is focused, Elon could

51
00:02:58,800 --> 00:03:02,320
Speaker 3: be like a icon, like if he could find a

52
00:03:02,320 --> 00:03:05,000
Speaker 3: little bit more help and make the right hire. So,

53
00:03:05,200 --> 00:03:07,920
Speaker 3: but I don't think so someone asked me to do it.

54
00:03:08,000 --> 00:03:10,320
Speaker 3: I see a thirty percent bump in Tesla if this

55
00:03:10,440 --> 00:03:12,480
Speaker 3: becomes public, No, if you can invest in it on

56
00:03:12,520 --> 00:03:15,880
Speaker 3: a private markets, please do so. I think it's going

57
00:03:15,960 --> 00:03:18,240
Speaker 3: to be a revolutionary company, but I don't think this

58
00:03:18,320 --> 00:03:20,160
Speaker 3: is going to drag up thirty percent And it's never

59
00:03:20,160 --> 00:03:22,400
Speaker 3: a good sign, like if you need another company to

60
00:03:22,520 --> 00:03:24,919
Speaker 3: raise the value of the one that's been in the dumps.

61
00:03:25,560 --> 00:03:27,400
Speaker 3: So no, But what do you guys think?

62
00:03:29,520 --> 00:03:33,120
Speaker 2: I want to give a shout out to Ayshabo, who

63
00:03:33,320 --> 00:03:37,400
Speaker 2: is alumni of or Inalasia Rocket Scientists and gave us

64
00:03:37,400 --> 00:03:40,920
Speaker 2: great information on space exploration and the cost of it

65
00:03:41,040 --> 00:03:43,600
Speaker 2: and the innovation that comes with being inside that space.

66
00:03:45,280 --> 00:03:47,520
Speaker 2: But then I want to look at what history has

67
00:03:47,560 --> 00:03:50,920
Speaker 2: shown us when it comes to Elon, especially when he

68
00:03:51,000 --> 00:03:54,000
Speaker 2: has multiple companies. And so when I look back to

69
00:03:54,080 --> 00:03:56,760
Speaker 2: when he was going to acquire Twitter, which is not

70
00:03:57,200 --> 00:03:59,440
Speaker 2: x Y, what effect did that have on.

71
00:03:59,400 --> 00:04:03,800
Speaker 1: Tesla negativl all right, and a.

72
00:04:03,760 --> 00:04:05,400
Speaker 2: Lot of it. And you brought up the word focus

73
00:04:05,560 --> 00:04:08,840
Speaker 2: was because of the amount of focus that was taken

74
00:04:08,880 --> 00:04:11,960
Speaker 2: away from the company that he was putting into the

75
00:04:12,000 --> 00:04:14,680
Speaker 2: capital that it took to get that to buy the

76
00:04:14,720 --> 00:04:18,359
Speaker 2: company and then change it and rebranded, and so Tesla

77
00:04:19,760 --> 00:04:25,080
Speaker 2: consequently suffered a little bit. Space says again, I think

78
00:04:25,120 --> 00:04:28,240
Speaker 2: it's a great company if you can get into it,

79
00:04:28,279 --> 00:04:30,159
Speaker 2: but I'd be interested to see how people view it.

80
00:04:30,240 --> 00:04:33,120
Speaker 2: Will they view it in the same manner where yeah,

81
00:04:33,920 --> 00:04:35,960
Speaker 2: it's a great company, we know with the evaluation that

82
00:04:36,040 --> 00:04:38,600
Speaker 2: is super high. Does he have the time and focus

83
00:04:38,720 --> 00:04:40,800
Speaker 2: and energy to put into this space and will it

84
00:04:40,800 --> 00:04:43,920
Speaker 2: affect the Brandon brother which has been testled over the

85
00:04:43,920 --> 00:04:44,799
Speaker 2: past five years.

86
00:04:45,760 --> 00:04:49,800
Speaker 1: So Tesla all right, the most important company in his

87
00:04:49,920 --> 00:04:57,480
Speaker 1: portfolio moving forward in the next decade, is Norlink. The

88
00:04:57,600 --> 00:05:03,040
Speaker 1: next the next most important company it is Startlink. The

89
00:05:03,080 --> 00:05:09,000
Speaker 1: next most important company is Space X. The next most

90
00:05:09,040 --> 00:05:20,960
Speaker 1: important company is Twitter X and the next most important

91
00:05:20,960 --> 00:05:33,160
Speaker 1: company is Tesla. So right there and my power ranking

92
00:05:33,200 --> 00:05:38,760
Speaker 1: of Elon Muss's portfolio, which is extremely impressive portfolio. I

93
00:05:38,800 --> 00:05:43,560
Speaker 1: have Tesla as the as the as the the fifth one.

94
00:05:43,800 --> 00:05:46,640
Speaker 1: Now Tesla and X they can kind of be interchanged.

95
00:05:46,680 --> 00:05:49,080
Speaker 1: Maybe X is the is the fifth and Tesla is

96
00:05:49,120 --> 00:05:52,360
Speaker 1: the fourth. But I don't see how Tesla. I don't

97
00:05:52,360 --> 00:05:55,159
Speaker 1: see how Tesla really changes the world. Right where you

98
00:05:55,279 --> 00:06:01,800
Speaker 1: have a lot of other your car companies, right, but

99
00:06:02,040 --> 00:06:04,040
Speaker 1: there's not too many companies that can actually put a

100
00:06:04,080 --> 00:06:08,000
Speaker 1: chip inside your brain and move a computer mouse and

101
00:06:09,880 --> 00:06:14,280
Speaker 1: is the possibilities with neuralink is is unbelievable. And then Starlink.

102
00:06:15,560 --> 00:06:20,080
Speaker 1: I mean we were in Ghana and they lost the

103
00:06:20,120 --> 00:06:22,480
Speaker 1: internet for a week and they were like as soon

104
00:06:22,520 --> 00:06:24,760
Speaker 1: as they lost the internet, and all these Starlink trucks

105
00:06:24,760 --> 00:06:26,919
Speaker 1: started coming in and people with money started to get Starlink.

106
00:06:26,960 --> 00:06:29,520
Speaker 1: So you look, you're talking about like really supplying. There's

107
00:06:29,520 --> 00:06:33,960
Speaker 1: no reason why my phone is like dropping calls, And

108
00:06:33,960 --> 00:06:37,800
Speaker 1: I don't understand why FaceTime audio always works, but regular

109
00:06:37,839 --> 00:06:40,080
Speaker 1: audio doesn't work, right, Why don't you just put the

110
00:06:40,080 --> 00:06:43,600
Speaker 1: FaceTime audio as the regular audio, right Apple and license

111
00:06:43,600 --> 00:06:47,560
Speaker 1: it out yep. So it's like, you know, he's got

112
00:06:48,160 --> 00:06:51,080
Speaker 1: this Starlink thing is going to be big, and then

113
00:06:51,560 --> 00:06:53,600
Speaker 1: a lot of people have questions about SpaceX, like, well,

114
00:06:53,600 --> 00:06:55,520
Speaker 1: what does the company do? Well, what is the point

115
00:06:55,520 --> 00:06:58,719
Speaker 1: in SpaceX? Like, you know, it's more than just traveling

116
00:06:58,760 --> 00:07:01,680
Speaker 1: to out of space took about like satellites that actually

117
00:07:02,080 --> 00:07:08,800
Speaker 1: it's kind of in tandem with starlink, but space exploration

118
00:07:09,600 --> 00:07:16,600
Speaker 1: has more purposes than just traveling to the moon, right,

119
00:07:18,680 --> 00:07:22,800
Speaker 1: But I think that he's positioned with SpaceX to potentially

120
00:07:23,480 --> 00:07:26,960
Speaker 1: do some big things. And Twitter is still important because

121
00:07:27,360 --> 00:07:29,880
Speaker 1: is a media company and they have billions of people.

122
00:07:30,960 --> 00:07:34,040
Speaker 1: Worst acquisition ever though he paid too much money for it,

123
00:07:34,120 --> 00:07:37,960
Speaker 1: for sure. There's a few others. But yeah, well I

124
00:07:37,960 --> 00:07:39,360
Speaker 1: just look at Tesla. I just look. I don't know

125
00:07:39,400 --> 00:07:43,280
Speaker 1: how Tesla what makes them so special? Right, is like

126
00:07:43,400 --> 00:07:46,160
Speaker 1: at first they were synonymous with electric cars, but that's

127
00:07:46,200 --> 00:07:49,040
Speaker 1: going away. Everybody has an electric car at this point.

128
00:07:51,400 --> 00:07:53,520
Speaker 1: I don't know, I don't see. I don't think Tesla

129
00:07:53,680 --> 00:07:57,640
Speaker 1: changes the world, right, I got a proposal about Tesla

130
00:07:57,720 --> 00:07:58,800
Speaker 1: needs to merge.

131
00:07:58,440 --> 00:08:05,360
Speaker 2: But is a position to that question, what is funding

132
00:08:05,840 --> 00:08:06,560
Speaker 2: those companies?

133
00:08:07,760 --> 00:08:07,960
Speaker 1: Right?

134
00:08:08,040 --> 00:08:11,600
Speaker 2: Like, he doesn't have the capital to get Twitter without Tesla.

135
00:08:11,880 --> 00:08:13,920
Speaker 2: Most of his wealth is tied to the stock of Tesla,

136
00:08:14,240 --> 00:08:18,280
Speaker 2: and so it becomes the funding arm. That's why he

137
00:08:18,320 --> 00:08:21,720
Speaker 2: liqu with his shares and every market team, because he's

138
00:08:21,760 --> 00:08:24,240
Speaker 2: trying to innovate someone else. And so from that standpoint

139
00:08:24,280 --> 00:08:30,640
Speaker 2: it becomes super important because bag At, I mean, I

140
00:08:30,680 --> 00:08:31,080
Speaker 2: get that far.

141
00:08:31,240 --> 00:08:35,120
Speaker 1: I'm saying to him, he's far past the fundraising. Now

142
00:08:35,440 --> 00:08:37,840
Speaker 1: his own money liquid it. He could raise a billion

143
00:08:37,880 --> 00:08:40,439
Speaker 1: dollars and any given Tuesday he can go to Saudi

144
00:08:40,480 --> 00:08:42,440
Speaker 1: Arabia and get a hundred billion dollars. He can go

145
00:08:43,720 --> 00:08:46,600
Speaker 1: having that's the importance of Tesla, It's the importance of

146
00:08:46,600 --> 00:08:49,920
Speaker 1: being Elon Musk Musk. And he's never gonna have a

147
00:08:49,960 --> 00:08:52,760
Speaker 1: problem raising money. That's never going to be He's proven.

148
00:08:53,960 --> 00:08:57,239
Speaker 1: So whatever if Elon Musk wants to start a chipmunk

149
00:08:58,120 --> 00:09:03,959
Speaker 1: manufacturing company today that actually manufacturing people did one hundred

150
00:09:04,080 --> 00:09:08,520
Speaker 1: billion dollars to borrow from the Prince of Saudi Arabia

151
00:09:08,679 --> 00:09:11,319
Speaker 1: and a bunch of other rich people from all over

152
00:09:11,360 --> 00:09:14,959
Speaker 1: the world, let alone Black Rock and all of these

153
00:09:15,000 --> 00:09:17,480
Speaker 1: different private equity So that's it.

154
00:09:17,559 --> 00:09:20,920
Speaker 2: But that's what I'm saying from a standpoint of private equity.

155
00:09:21,040 --> 00:09:23,000
Speaker 2: Right when he wanted to get Twitter, where do you

156
00:09:23,040 --> 00:09:24,000
Speaker 2: have to get the capitol?

157
00:09:25,880 --> 00:09:27,320
Speaker 3: He had to look with it. But I think that's

158
00:09:27,360 --> 00:09:30,400
Speaker 3: because the bad investment. It was he literally bought at

159
00:09:30,400 --> 00:09:32,160
Speaker 3: the top and.

160
00:09:31,559 --> 00:09:33,400
Speaker 2: That was a bad Yeah he bought that, Yeah, right,

161
00:09:33,440 --> 00:09:36,320
Speaker 2: but you still had to liquidate some of that company that.

162
00:09:36,200 --> 00:09:37,400
Speaker 1: He a stof.

163
00:09:37,440 --> 00:09:41,000
Speaker 3: But they're also pushing back on that conversation package that

164
00:09:41,040 --> 00:09:45,679
Speaker 3: he wanted for fifty six billion. That's that's interesting because

165
00:09:45,920 --> 00:09:48,000
Speaker 3: it's hard to liquidate that much capital when the stock

166
00:09:48,080 --> 00:09:50,679
Speaker 3: is down and your shareholders are getting run into the ground.

167
00:09:51,240 --> 00:09:53,600
Speaker 2: So, I mean, you're talking about a guy for everything

168
00:09:53,640 --> 00:09:57,000
Speaker 2: you named, Like, think about the impact that that one

169
00:09:57,080 --> 00:09:59,600
Speaker 2: human being has had that in the world, Like from

170
00:09:59,640 --> 00:10:01,720
Speaker 2: everything your name, on top of being one of the

171
00:10:01,720 --> 00:10:02,559
Speaker 2: co founders of.

172
00:10:04,080 --> 00:10:05,520
Speaker 1: We can't forget PayPal, I.

173
00:10:05,480 --> 00:10:08,719
Speaker 2: Mean get I'm talking about like had to be like

174
00:10:09,120 --> 00:10:10,160
Speaker 2: you're the co founder of that.

175
00:10:10,240 --> 00:10:13,120
Speaker 1: Well, I'm saying that's just crazy. None of this happens

176
00:10:13,120 --> 00:10:15,920
Speaker 1: if he doesn't start PayPal, which is true. This is true.

177
00:10:15,920 --> 00:10:18,480
Speaker 3: Which is revolutionary with you, and there was a company

178
00:10:18,520 --> 00:10:20,880
Speaker 3: before that giving the money for Starlank and stay S's

179
00:10:20,960 --> 00:10:24,160
Speaker 3: like you know, his fellowshipon is done incredibly well. Like

180
00:10:24,240 --> 00:10:28,079
Speaker 3: you can argue he's one of the best capitalists ever.

181
00:10:28,960 --> 00:10:32,160
Speaker 1: Like it's just the focus is needed.

182
00:10:32,360 --> 00:10:36,040
Speaker 4: An illegal alien from Guatemala charged with raping a child

183
00:10:36,040 --> 00:10:39,840
Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador

184
00:10:40,120 --> 00:10:44,240
Speaker 4: accused of murdering a Texas man of Venezuelan charged with

185
00:10:44,320 --> 00:10:48,200
Speaker 4: filming and selling child pornography in Michigan. These are just

186
00:10:48,280 --> 00:10:52,080
Speaker 4: some of the heinous migrant criminals caught because of President

187
00:10:52,080 --> 00:10:52,520
Speaker 4: Donald J.

188
00:10:52,600 --> 00:10:56,400
Speaker 5: Trump's leadership. I'm Christine Noman, the United States Secretary of

189
00:10:56,440 --> 00:11:01,240
Speaker 5: Homeland Security. Under President Trump, attempted illegal border crossings are

190
00:11:01,280 --> 00:11:04,640
Speaker 5: at the lowest levels ever recorded, and over one hundred

191
00:11:04,679 --> 00:11:08,560
Speaker 5: thousand illegal aliens have been arrested. If you are here illegally,

192
00:11:09,080 --> 00:11:12,360
Speaker 5: your next you will be fine nearly one thousand dollars

193
00:11:12,440 --> 00:11:16,560
Speaker 5: a day, imprisoned and deported, you will never return. But

194
00:11:16,640 --> 00:11:20,199
Speaker 5: if you register using our CBP home app and leave now,

195
00:11:20,559 --> 00:11:22,480
Speaker 5: you could be allowed to return legally.

196
00:11:22,840 --> 00:11:25,080
Speaker 4: Do what's right. Leave now.

197
00:11:25,400 --> 00:11:29,760
Speaker 5: Under President Trump, America's laws, border and families.

198
00:11:29,360 --> 00:11:31,760
Speaker 4: Will be protected. Sponsored by the United States Department of

199
00:11:31,800 --> 00:11:32,400
Speaker 4: Homeland Security,