RUSH TRANSCRIPT 50 years ░░░░░░░░ The eagle has landed ░░░░░░░░ first humans stepped foot ░░░░░░░░ the Moon Apollo 11 ░░░░░░░░ cinched America s dominance ░░░░░░░░ space a lead that ░░░░░░░░ but waned after the ░░░░░░░░ wars closed now that ░░░░░░░░ changing Lift off Companies ░░░░░░░░ Elon Musk that cut ░░░░░░░░ price to go to ░░░░░░░░ bit Ush ushering a ░░░░░░░░ era of space exploration ░░░░░░░░ gives the U S ░░░░░░░░ options as it rethinks ░░░░░░░░ for the final frontier ░░░░░░░░ s easy to be ░░░░░░░░ about the government these ░░░░░░░░ but when our leaders ░░░░░░░░ Washington actually agree on ░░░░░░░░ it can lead to ░░░░░░░░ things Think about this ░░░░░░░░ marks the 50th anniversary ░░░░░░░░ the Moon landing One ░░░░░░░░ step for man kind ░░░░░░░░ we made that happen ░░░░░░░░ the Soviets beat us ░░░░░░░░ orbit President Kennedy vowed ░░░░░░░░ put a man on ░░░░░░░░ Moon been the decade ░░░░░░░░ fueled a massive aerospace ░░░░░░░░ and invasion All day ░░░░░░░░ CNBC Morgan Brennan has ░░░░░░░░ reporting live from the ░░░░░░░░ Space Center on the ░░░░░░░░ Coast of Florida the ░░░░░░░░ of the Apollo 11 ░░░░░░░░ she s here to ░░░░░░░░ about the anniversary and ░░░░░░░░ exciting trends in space ░░░░░░░░ welcome to Mad money ░░░░░░░░ you so much Jim ░░░░░░░░ an honor to be ░░░░░░░░ your show You ve ░░░░░░░░ great reporting all day ░░░░░░░░ there come a time ░░░░░░░░ can book a ticket ░░░░░░░░ the Moon Yes the ░░░░░░░░ answer to that is ░░░░░░░░ the big question isn ░░░░░░░░ when or whether that ░░░░░░░░ but the big question ░░░░░░░░ when certainly we ve ░░░░░░░░ this renewed push by ░░░░░░░░ U S the Trump ░░░░░░░░ announced a new program ░░░░░░░░ is named after Apollo ░░░░░░░░ s twin sister the ░░░░░░░░ of the man and ░░░░░░░░ another man and the ░░░░░░░░ woman on the lunar ░░░░░░░░ tious program and that ░░░░░░░░ just the start where ░░░░░░░░ renewed lunier ambitions go ░░░░░░░░ idea is to go ░░░░░░░░ learn and establish a ░░░░░░░░ on the Moon to ░░░░░░░░ to Mars and other ░░░░░░░░ for deep space exploration ░░░░░░░░ me ask you the ░░░░░░░░ has shrunk of what ░░░░░░░░ government can do are ░░░░░░░░ people more capable of ░░░░░░░░ this happen than governments ░░░░░░░░ think the answer to ░░░░░░░░ question right now is ░░░░░░░░ absolutely NASA administrator Jim ░░░░░░░░ come out and estimated ░░░░░░░░ to make ardimis happen ░░░░░░░░ will take 20 billion ░░░░░░░░ funding over the next ░░░░░░░░ years on top of ░░░░░░░░ current NASA budget That ░░░░░░░░ sound like a lot ░░░░░░░░ money but compared to ░░░░░░░░ 50 years ago it ░░░░░░░░ really not the reason ░░░░░░░░ can put an estimate ░░░░░░░░ that out there is ░░░░░░░░ of commercial space and ░░░░░░░░ origin backed by Jeff ░░░░░░░░ Bezos and developed blue ░░░░░░░░ and it will likely ░░░░░░░░ to land on the ░░░░░░░░ regardless of what happens ░░░░░░░░ the government You know ░░░░░░░░ reports next week and ░░░░░░░░ I wonder after the ░░░░░░░░ storm issue that Elon ░░░░░░░░ is more focused on ░░░░░░░░ you are than on ░░░░░░░░ car factories Do people ░░░░░░░░ that he s I ░░░░░░░░ I saw one of ░░░░░░░░ reusables Are people more ░░░░░░░░ what he s doing ░░░░░░░░ what Boeing is doing ░░░░░░░░ Bezos is doing Absolutely ░░░░░░░░ a doubt I think ░░░░░░░░ best way to sum ░░░░░░░░ up Chad Anderson the ░░░░░░░░ of an early stage ░░░░░░░░ fund focused on space ░░░░░░░░ space angels told me ░░░░░░░░ years ago there were ░░░░░░░░ dozen privately funded space ░░░░░░░░ in the world Today ░░░░░░░░ number is 462 now ░░░░░░░░ of those names some ░░░░░░░░ those companies have been ░░░░░░░░ specifically billionaire backed and ░░░░░░░░ but there is a ░░░░░░░░ of venture capital that ░░░░░░░░ coming into this space ░░░░░░░░ well And you really ░░░░░░░░ onto the cusp of ░░░░░░░░ is being called an ░░░░░░░░ space age in the ░░░░░░░░ of SpaceX specifically it ░░░░░░░░ the other Elon Musk ░░░░░░░░ and been over the ░░░░░░░░ because of its reusable ░░░░░░░░ and the fact it ░░░░░░░░ drastically been able to ░░░░░░░░ cut and bring down ░░░░░░░░ costs it s been ░░░░░░░░ and in the private ░░░░░░░░ it enjoys 33 billion ░░░░░░░░ s closing in on ░░░░░░░░ s cap right now ░░░░░░░░ about this This is ░░░░░░░░ money you re on ░░░░░░░░ think a lot of ░░░░░░░░ hear that and say ░░░░░░░░ want to buy stock ░░░░░░░░ you think there is ░░░░░░░░ way to a publicly ░░░░░░░░ way to play the ░░░░░░░░ that you re talking ░░░░░░░░ There are a few ░░░░░░░░ traded ways I mean ░░░░░░░░ have the so called ░░░░░░░░ space companies the defense ░░░░░░░░ doing space since the ░░░░░░░░ era and before Your ░░░░░░░░ like Lockheed Martin Boeing ░░░░░░░░ example also acquired orbitial ░░░░░░░░ and the UFO that ░░░░░░░░ focused on space companies ░░░░░░░░ satellite providers satellite manufacturers ░░░░░░░░ are publicly traded but ░░░░░░░░ startup ecosystem is really ░░░░░░░░ to see the first ░░░░░░░░ Street test before the ░░░░░░░░ of this year when ░░░░░░░░ Richard Branson s virgin ░░░░░░░░ is the first traded ░░░░░░░░ in the markets and ░░░░░░░░ on space I got ░░░░░░░░ do this because you ░░░░░░░░ so good at defense ░░░░░░░░ because I know we ░░░░░░░░ together a lot and ░░░░░░░░ don t know two ░░░░░░░░ off air but there ░░░░░░░░ a real big issue ░░░░░░░░ Iran today that some ░░░░░░░░ are actually saying war ░░░░░░░░ is involved you mentioned ░░░░░░░░ defense contractors Is that ░░░░░░░░ anybody s mind you ░░░░░░░░ talking to today word ░░░░░░░░ the gulf because it ░░░░░░░░ the stock market down ░░░░░░░░ quick points Yes and ░░░░░░░░ the flip side of ░░░░░░░░ what you did see ░░░░░░░░ the defense contractor stocks ░░░░░░░░ when those headlines did ░░░░░░░░ earlier in the trading ░░░░░░░░ today I don t ░░░░░░░░ anybody that I ve ░░░░░░░░ to in terms of ░░░░░░░░ defense and space community ░░░░░░░░ CEOs I speak to ░░░░░░░░ we don t see ░░░░░░░░ escalation or conflict with ░░░░░░░░ that being said our ░░░░░░░░ and the money that ░░░░░░░░ being put towards our ░░░░░░░░ to fight wars Heaven ░░░░░░░░ we have to they ░░░░░░░░ they are ready and ░░░░░░░░ certainly speaks to the ░░░░░░░░ we have seen an ░░░░░░░░ in the defense budget ░░░░░░░░ the last couple of ░░░░░░░░ There has been a ░░░░░░░░ of speculation about whether ░░░░░░░░ could continue to increase ░░░░░░░░ when you see geopolitical ░░░░░░░░ like this one with ░░░░░░░░ I think there is ░░░░░░░░ reason to believes specially ░░░░░░░░ the 2020 defense budget ░░░░░░░░ through Congress right now ░░░░░░░░ you ll continue to ░░░░░░░░ some sort of increase ░░░░░░░░ at least maintenance at ░░░░░░░░ elevated levels I want ░░░░░░░░ thank you for coming ░░░░░░░░ the show and congratulate ░░░░░░░░ for a fabulous fabulous ░░░░░░░░ of hits as we ░░░░░░░░ them in reporting and ░░░░░░░░ of luck and look ░░░░░░░░ cover this beat really ░░░░░░░░ I want people to ░░░░░░░░ that because I follow ░░░░░░░░ stocks You follow them ░░░░░░░░ Morgan Brennan thank you ░░░░░░░░ coming on Mad money ░░░░░░░░ thank you It s ░░░░░░░░ pleasure.