Friedberg

Well, this week's a pretty important milestone for that point because we just launched Artemis II yesterday, which is man's returning to the moon.

So the United States shipped this rocket with four astronauts on board.

They're going to do an orbit around the Earth, head to the moon, come back around and come back to Earth in anticipation of landing on the moon in about two years.

And getting to the moon, I think, is going to be very important, not just because there's this important social milestone and race happening right now with China, but I think the moon could end up being kind of the next industrial frontier for humanity.

And the reason is if you can get to the moon, the moon has an extraordinary abundance of material that we can mine, process and manufacture into goods.

And ultimately the cost to ship those goods back to the earth is zero.

It will cost less to move goods, manufactured goods, processed ore, precious metals from the moon to a specific point on earth.

It will cost less to do that than to ship it using any other terrestrial conventional method.

whether that's a boat, an airplane, or a railroad.

And the reason is that on the moon, you can take advantage of the low gravity, it's about one sixth the gravity, and the complete lack of an atmosphere, meaning that it's frictionless to move material off of the moon and very low energy to move it off of the moon.

You do not need to use a rocket propellant with high energy like we have to do to move things off of the earth.

In fact, the design for moving material off of the moon is to use what's called a mass driver, which is like a train track, like a rail, like an electric rail.

You kind of see these in high-speed trains that work on kind of magnetic levitation.

And you could put a package on that rail and use electricity

to accelerate that package to 100 G-force, shoot it back to the Earth, or theoretically shoot it to Mars, and it will go to the exact point on the Earth you want it to go to, reenters the atmosphere, and lands with a simple parachute where you want it to go.

So we could run continuous mining, continuous manufacturing processes on the Moon at a fraction of the cost of what it would take to do it here on Earth.

The biggest limiting factor, getting people to the Moon.

And that is largely solved or will be solved in the next few years by robotics.

So I think that there's this pretty profound intersection with what's going on in robotics with this moment for space industrialization and moving to the moon.

So Tesla, I think 20 years from now is actually a more interesting story, whether they're the same independent company or the same company.