Chamath Palihapitiya Compares SpaceX IPO To 529-Year-Old Event: 'Largest Opportunities Are Still Ahead'

Investor Chamath Palihapitiya compares SpaceX's impact on space access to Vasco da Gama's discovery of a sea route to Asia in 1497, arguing that SpaceX has dramatically lowered the cost of reaching orbit (from $54,500 to $2,720 per kilogram). He believes the company's largest opportunities remain ahead, including orbital connectivity, compute, and critical minerals extraction, positioning SpaceX as a transformative force in the space industry.