SpaceX’ $75B+ Historic IPO, GPT 5.5 Outperforms Polymarket, and AI Solves 80 yr old math problem | EP #257

**Peter Diamandis** (0:00)
SpaceX filed for what's expected to be the largest IPO ever, $75 billion being raised at a valuation probably north of $1.75 trillion. He's about to have a currency to go on a shopping spree.

**Dave Blundin** (0:13)
That sentence is so out of band with any point in human history. So anyone out there doing a startup, there is capacity for 1,000 unicorn transactions. Remember, unicorn is called unicorn because it's supposed to be extremely rare.

**Peter Diamandis** (0:24)
GPT-55 is now beating prediction markets on forecasting the future. It beat polymarket crowd predictions for the Super Bowl.

**Alexander Wissner-Gross** (0:32)
This is the worst psycho history models will ever be.

**Dave Blundin** (0:35)
The concentration of wealth effects from this would be insane.

**Peter Diamandis** (0:39)
The financial singularity.

**Alexander Wissner-Gross** (0:42)
This is a problem posed by the famous Hungarian mathematician Paul Erdős about 80 years ago. Now AI has just solved it. Not only was it faster, not only was it able to brute force, but it was also smarter.

**Dave Blundin** (0:54)
This is like a much bigger moment in history than just solving a math problem.

**Alexander Wissner-Gross** (0:59)
Hashtag solve everything, Peter. We're seeing it.

**Dave Blundin** (1:06)
Now that's the Moonshot, ladies and gentlemen.

**Peter Diamandis** (1:11)
Welcome, everybody, to another episode of Moonshots. I'm here with my extraordinary Moonshot mates, Salim, the father of organizational singularities. You're spawning singularities everywhere, buddy. Alex, Wissner-Gross, our in-house polymath. Dave Blundin, our Wizard of AI Investing. I'm Peter Diamandis, your host, and hopefully, your abundance whisperer for an optimistic future.
We've loaded the show today with extraordinary stories, hopefully stories that get you excited about being a builder, literally starting to build before this episode is out. Gentlemen, good to see you all. I have to ask our normal, where is Waldo question. So today, Dave, where are you, buddy?

**Dave Blundin** (1:53)
Back at Stanford. Had a whole bunch of really fun meetings with AI founders here.

**Peter Diamandis** (1:57)
Awesome. And Salim, I know you're not home, because you're never home. Where are you?

**Salim Ismail** (2:03)
No, I'm in Brazil like we did yesterday, so I'm still here till tomorrow, and then I fly back.

**Peter Diamandis** (2:09)
OK. Well, and Alex, you and I are in our normal haunts.

**Salim Ismail** (2:13)
That's right.

**Peter Diamandis** (2:14)
Yeah, amazing. So let's begin. You know, we've stacked the show today. Here's a quick look and preview of what we're going to be covering. SpaceX just filed their biggest IPO in human history. It's extraordinary. And later today, after we record this episode, we've got Starship V3 scheduled to launch. OpenAI is just disproved a conjecture in the mathematics realm. We'll be talking to Alex about what that all means. GPD 5.5 is now beating prediction markets on forecasting the future. As well, ChatGPT just became your financial advisor.
A lot to cover. Our mission is to keep you optimistic, informed and ready for the supersonic tsunami heading our way. So with that, let's get started. Our first story here is, in fact, the SpaceX IPO. SpaceX filed for what's expected to be the largest IPO ever. $75 billion being raised at a valuation probably north of $1.75 trillion, the biggest in history, over 2.5 times that of Saudi Aramco.
Elon is maintaining his supra voting rights with insiders controlling 86% of the voting power.
And I love this, SpaceX's IPO Prospectus says, it expects an addressable market of $28.5 trillion. I mean, that's quite a TAM. Dave, let's go to you first on this one.

**Dave Blundin** (3:47)
You know, the TAM is just under the size of the entire US GDP, and I'm sure they landed it, you know, we don't want to claim to be bigger than the entire US, so we'll be just one notch below. But Eric Brynjolfsson hosted Maura and I for dinner last night at his house. Eric is a Professor of Economics and AI at Stanford HAI. That's the AI lab of Stanford.
And he was the first guy to mention this to me, and I was like, come on, $25, $28.5 trillion TAM. So he was going off on, yeah, but there's no way to disprove it. There's no reason it shouldn't be true. You know, Elon, remember Elon's core thesis is that we can 10x the global economy in 10 years. Most people think it's possible, but it's longer than 10 years. But regardless, if the global economy 10x is, then his TAM should easily fit within 25 or $28.5 trillion.

**Peter Diamandis** (4:41)
I looked at the breakdown of how he got the $28.5 trillion, and it's interesting. So $870 billion, you know, just a mere bit under a trillion is Starlink's business.