Retail investors are getting screwed | Vibes & Benchmarks EP 05

SpaceX may be the weirdest AI IPO story of the year. Ali and Josh talk through why the "space + Elon + AI" story may not make sense on its own, why the real bull case might be chips, and how OpenAI and Anthropic are using policy language to shape the market around themselves.V&B covers SpaceX's retail IPO pitch, Elon's reality distortion field, Anthropic's pause plan, OpenAI's proposed government stake, recursive self-improvement, AI loops, and the point where code review starts becoming "Did the AI make it good?"Ali Rohde is the co-founder and Managing Partner at Outset Capital.• LinkedIn: https://www.linkedin.com/in/ali-rohde-90719970/• X: https://x.com/RohdeAli• Website: https://alirohde.com• Outset Capital: https://outsetcapital.comJosh Albrecht is the CTO of Imbue and a partner at Outset Capital.• X: https://x.com/joshalbrecht• LinkedIn: https://www.linkedin.com/in/joshalbrecht• Website: https://joshalbrecht.com• Imbue: https://imbue.com