🚀 SpaceX IPO Liftoff | Diet TBPN

**John Coogan** (0:00)
It's a massive day today. SpaceX IPO, priced at $135 a share, opened at $150. Where is it right now? Jordi, are you on it? Do you have the price? Oh, the price is up there. Okay, now we're getting the endless mirror. You can call up the price. But we'll be tracking throughout the show, so stay tuned at the $2.28 trillion company now.
$172 a share. I had Tyler and Jordi submit confidential estimates for where the stock would be at noon, effectively. Jordi went with a market cap-based estimate. Tyler went with a share price estimate, I think. Which is what I was told. I went with a percentage-based estimate. You can translate between all of them. We'll get there. But the stock's doing well. The IPO is successful, I would say. There's been a bunch of chatter back and forth. Bull cases, bear cases.
But overall, it's hard not to look at this as a success. The, you know, Bill Gurley doesn't want a crazy pop on day one, doesn't want it to go up 100%.
If we're in 10, 20, 30% range for something this big, that just feels like everything came together properly. And so, so far, looks really, really good. So at noon, we will check in with our predictions and see who won. There is an exciting prize for the winner, by the way. It will be revealed at noon as well. We can pull up this video from Gwen Shotwell, who is the president of SpaceX and has been on an absolute tear building the company for basically its entire existence. What, what are you laughing at?

**Jordi Hays** (1:37)
I didn't know what your prediction was.

**John Coogan** (1:39)
Did you see what it is?

**Jordi Hays** (1:40)
Yeah, Nick just shared it.

**John Coogan** (1:41)
Oh, he did.

**Jordi Hays** (1:43)
What is this guy over here? This is a funny guy over here.
Funny guy over here. This is why you trade.

**John Coogan** (1:49)
I was trying to pull.

**Jordi Hays** (1:50)
This is why you trade bits, not stocks.

**John Coogan** (1:53)
I was trying to pull an estimate out of you. And you were like asking me 25 clarifying questions. The purpose is content, to have a conversation. Just pick a number and you're like, Oh, well, does it count where it opens or what it opens after?

**Jordi Hays** (2:08)
I just saw your position was confused. I just saw your position was confusing.

**John Coogan** (2:12)
We got to have a discussion about this. The price curve share.

**Jordi Hays** (2:17)
Everything's on the line, John. Everything is on the line.

**John Coogan** (2:20)
I was laughing about how you wouldn't take a side on the dog walker versus the dentist.
I was like, dog walker, dentist, blind, who you going? And you were like, I can't possibly. I couldn't possibly, in the name of good television, just pick a random side for the purpose.

**Jordi Hays** (2:36)
Dog walker or dentist, beach debate.

**John Coogan** (2:39)
The beach debate. We never got your answer. And you're like, I need more information. I can't possibly make a call.

**Jordi Hays** (2:44)
It's such a tough one.

**John Coogan** (2:46)
It's not that tough.

**Jordi Hays** (2:46)
You picked one randomly.

**John Coogan** (2:48)
Why is it tough?

**Jordi Hays** (2:49)
Here's why it's tough for me, John. I have never in my life hired or worked with a dog walker. My family growing up, we had a couple dogs. We walked our dogs. Like we never.

**John Coogan** (2:59)
You've been to the dentist.

**Jordi Hays** (3:00)
I was the dog walker.

**John Coogan** (3:01)
Yeah, you're not your own dentist though. So why are you just going dentist?

**Jordi Hays** (3:05)
I've never had a cavity. Every time I go in there, I guess I'm blessed. Every time I go in there, they're like, looks good boss.
And I just head out.

**John Coogan** (3:14)
So equally useless.

**Jordi Hays** (3:16)
Equally useless profession.

**John Coogan** (3:17)
So flip the coin, it's TV. Useless profession.

**Jordi Hays** (3:21)
No, I just don't have any connection.

**John Coogan** (3:24)
I need slightly more. Why don't you fall back to the economic power of the dentist industry versus the dog walking industry? If you had to pick a job, if you were trying to get a bag.

**Jordi Hays** (3:33)
I respect dog walker.

**John Coogan** (3:34)
You would go dog walker. You would be an elite dog walker over a mid dentist?

**Jordi Hays** (3:38)
Here's two things. Here's kind of my thinking. There's a guy in my neighborhood who is walking dogs in my neighborhood all day long. I'm like, a lot of people in my neighborhood don't work. They're just home all day.