RUSH TRANSCRIPT Spacex is ░░░░░░░░ to make strides in ░░░░░░░░ launchers as they launched ░░░░░░░░ satellites carrying two learn ░░░░░░░░ rover probes headed for ░░░░░░░░ moon Here with more ░░░░░░░░ Anderson joins us now ░░░░░░░░ we have perhaps got ░░░░░░░░ slight push back in ░░░░░░░░ next spacex launch we ░░░░░░░░ anticipating but let s ░░░░░░░░ about the lunar rovers ░░░░░░░░ particular What does it ░░░░░░░░ for 025 is going ░░░░░░░░ be a massive here ░░░░░░░░ the space industry You ░░░░░░░░ t need more proof ░░░░░░░░ yesterday Yesterday they launched ░░░░░░░░ different payloads on a ░░░░░░░░ mission Our portfolio companies ░░░░░░░░ of half of those ░░░░░░░░ and it was fun ░░░░░░░░ watch This morning they ░░░░░░░░ two lunar rovers on ░░░░░░░░ same rocket One is ░░░░░░░░ The other is a ░░░░░░░░ based out of Texas ░░░░░░░░ are robotic precursor missions ░░░░░░░░ NASA Basically with sensors ░░░░░░░░ do exploratory work for ░░░░░░░░ to go and band ░░░░░░░░ There is another lunar ░░░░░░░░ launching next month So ░░░░░░░░ the landers are on ░░░░░░░░ way to the moon ░░░░░░░░ are launching another one ░░░░░░░░ well Like you mentioned ░░░░░░░░ weather pushed it until ░░░░░░░░ the next gen launch ░░░░░░░░ for spacex is massive ░░░░░░░░ is going to bring ░░░░░░░░ price of accessing orbit ░░░░░░░░ down and transform the ░░░░░░░░ economy and accelerate the ░░░░░░░░ we are seeing Caroline ░░░░░░░░ we wait we watch ░░░░░░░░ origin we are also ░░░░░░░░ to see if they ░░░░░░░░ up with their test ░░░░░░░░ What does this mean ░░░░░░░░ introduction of more competitors ░░░░░░░░ the space race Chad ░░░░░░░░ the moment spacex nominates ░░░░░░░░ are launching the majority ░░░░░░░░ rockets 2024 was a ░░░░░░░░ year Spacex launched over ░░░░░░░░ of the global launch ░░░░░░░░ last year 90 of ░░░░░░░░ went orbit went through ░░░░░░░░ They are the best ░░░░░░░░ on the market and ░░░░░░░░ some cases the only ░░░░░░░░ on the market So ░░░░░░░░ have other players and ░░░░░░░░ competition is huge The ░░░░░░░░ thing between spacex and ░░░░░░░░ origin is you have ░░░░░░░░ and Musk two billionaires ░░░░░░░░ companies were founded at ░░░░░░░░ same time 2002 Until ░░░░░░░░ couple of years ago ░░░░░░░░ had invested the same ░░░░░░░░ of money into both ░░░░░░░░ and when you look ░░░░░░░░ what spacex has done ░░░░░░░░ that time dominating the ░░░░░░░░ and enabling this entrepreneurship ░░░░░░░░ and private capital with ░░░░░░░░ Bezos launching these luxury ░░░░░░░░ to the edge of ░░░░░░░░ with small rockets New ░░░░░░░░ is the vehicle that ░░░░░░░░ going to launch satellites ░░░░░░░░ enable them to do ░░░░░░░░ like lunar missions and ░░░░░░░░ else blue origin wants ░░░░░░░░ do It s important ░░░░░░░░ them to get the ░░░░░░░░ up and it s ░░░░░░░░ for the rest of ░░░░░░░░ because competition brings prices ░░░░░░░░ for everyone Mike Chad ░░░░░░░░ do you see the ░░░░░░░░ Trump Administration doing to ░░░░░░░░ foster the space industry ░░░░░░░░ your standpoint and what ░░░░░░░░ some of the things ░░░░░░░░ would like to see ░░░░░░░░ new president do when ░░░░░░░░ takes office Chad We ░░░░░░░░ certainly expecting a greater ░░░░░░░░ of commercial capabilities into ░░░░░░░░ programs I think we ░░░░░░░░ already seen during this ░░░░░░░░ the geopolitical turmoil I ░░░░░░░░ a lot of that ░░░░░░░░ going to spur additional ░░░░░░░░ in defense spending a ░░░░░░░░ of which is going ░░░░░░░░ go to space companies ░░░░░░░░ is going to be ░░░░░░░░ increased reliance on the ░░░░░░░░ providers again that have ░░░░░░░░ capability Spacex again is ░░░░░░░░ among them They are ░░░░░░░░ most likely to benefit ░░░░░░░░ Not just because of ░░░░░░░░ first buddies status but ░░░░░░░░ they have the best ░░░░░░░░ on the market and ░░░░░░░░ some cases the only ░░░░░░░░ on the market The ░░░░░░░░ will rely even more ░░░░░░░░ on star shield and ░░░░░░░░ will benefit as well ░░░░░░░░ more competition coming online ░░░░░░░░ novel and new capabilities ░░░░░░░░ expect to see a ░░░░░░░░ of regulation and progrowth ░░░░░░░░ to really help some ░░░░░░░░ these new and novel ░░░░░░░░ capabilities come online this ░░░░░░░░ Mike Chad let s ░░░░░░░░ about those regulations and ░░░░░░░░ regulatory pressures the industry ░░░░░░░░ faced What are the ░░░░░░░░ areas of relief that ░░░░░░░░ industry would like to ░░░░░░░░ Chad Well regulation plays ░░░░░░░░ key role in a ░░░░░░░░ of space activities Interestingly ░░░░░░░░ the U S Government ░░░░░░░░ been very responsive to ░░░░░░░░ There was an Australian ░░░░░░░░ that launched a satellite ░░░░░░░░ could look up and ░░░░░░░░ evaluate and see other ░░░░░░░░ and what was going ░░░░░░░░ there You couldn t ░░░░░░░░ that in the U ░░░░░░░░ And in many other ░░░░░░░░ but there was a ░░░░░░░░ loophole in Australia that ░░░░░░░░ them to do that ░░░░░░░░ as soon as they ░░░░░░░░ that satellite the U ░░░░░░░░ Government responded and enabled ░░░░░░░░ S Companies to be ░░░░░░░░ We are now seeing ░░░░░░░░ lot of that data ░░░░░░░░ down We are already ░░░░░░░░ responsiveness from a regulatory ░░░░░░░░ I think that an ░░░░░░░░ angle here is that ░░░░░░░░ expect to see an ░░░░░░░░ face on climate policy ░░░░░░░░ think that climate solutions ░░░░░░░░ going to be a ░░░░░░░░ area for private capital ░░░░░░░░ they were during this ░░░░░░░░ term for companies to ░░░░░░░░ in and provide innovative ░░░░░░░░ funded by private capital ░░░░░░░░ Chad Anderson of space ░░░░░░░░ we thank you Coming ░░░░░░░░ renee from the Georgetown ░░░░░░░░ school of public policy ░░░░░░░░ us on the future ░░░░░░░░ content moderation. Next.