Questions over whether SpaceX will live up to its colossal share price. 

Shares soared above $160 US dollars as the rocket, satellite and data centre company hit the market yesterday. 

It's sent Elon Musk skyrocketing to trillionaire status - a world first.

Eric Berger, who's authored two books about Musk, says it's still a risky investment for those buying in - partly due to Musk's erratic personality.

"You're betting on the company being able to get Starship, the rocket, flying rapidly and safely - and then build an enormous consolidation of data centres in space." 

LISTEN ABOVE

Questions over whether SpaceX will live up to its colossal share price.&nbsp;
Shares soared above $160 US dollars as the rocket, satellite and data centre company hit the market yesterday.&nbsp;
It's sent Elon Musk skyrocketing to trillionaire status - a world first.
Eric Berger, who's authored two books about Musk, says it's still a risky investment for those buying in - partly due to Musk's erratic personality.
"You're betting on the company being able to get Starship, the rocket, flying rapidly and safely - and then build an enormous consolidation of data centres in space."&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Eric Berger: author and senior space writer on the SpaceX IPO making Elon the world's first trillionaire

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c6e3b1f2-e331-4fdc-8cd7-b468017c8f8e/transcript