EPISODE · Jul 17, 2026 · 1 MIN
The Outernet
from The Paul Truesdell Podcast · host Paul Grant Truesdell, JD., AIF, CLU, ChFC
The Outernet. A bite-size think about it bite.Remember when finding a phone number meant reaching for the white pages, and finding a good plumber meant flipping through the yellow pages? That world has quietly slipped away. And here is something even harder to wrap our heads around. Star Trek, Star Wars, and Buck Rogers — the shows many of us watched as kids and assumed were pure fantasy — have started to become real. That future is unfolding above us right now, and it is beginning to change the way money moves.Some people are calling it the "outernet." A growing number of investors, both retail and institutional, are pouring billions of dollars into cloud computing, artificial intelligence, the internet of things, and even blockchain and cryptocurrency. When you look closely at all of these industries, one common thread tends to connect them. That thread is data, and in many ways, data has become the whole ballgame.Here is a piece that many people seem to be missing. Space companies are often the ones quietly carrying that data from one point to another, or creating it in the first place through satellites that observe the Earth from above. In a growing number of cases, they have become the toll operators on the digital superhighway, collecting value from the traffic that travels across it. Many otherwise sharp investors simply have not looked up long enough to notice. This opportunity may not be something that arrives someday. In many respects, it appears to be here already, hiding in plain sight.For more on this and other bite-size think about it bites and casual conversations, visit truesdellwealth.com and subscribe at no cost.Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed and that a conflict of interest exists. By listening, reading, or using this document, video, podcast, and/or website in any manner, you understand the information presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy. Public and group informational items should never be considered professional advice. Nothing said, written, or otherwise communicated should be construed as an offer, recommendation, or solicitation to buy or sell a security. Past performance is not a guarantee of future performance. We do not provide tax, legal, or psychological advice. Nothing herein constitutes advice or is a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your doctor or other qualified healthcare providers with any questions you may have regarding a medical condition. Never disregard professional medical advice or delay seeking it because of something you read, viewed, heard, or thought you saw or heard. Paul Grant Truesdell, J.D., AIF, CLU, ChFC, RFCFounder & CEOThe Truesdell CompaniesThe Truesdell Professional Building200 NW 52nd AvenueOcala, Florida 34482352-612-1000 or 212-433-2525 truesdell.net
What this episode covers
The Outernet. A bite-size think about it bite.Remember when finding a phone number meant reaching for the white pages, and finding a good plumber meant flipping through the yellow pages? That world has quietly slipped away. And here is something even harder to wrap our heads around. Star Trek, Star Wars, and Buck Rogers — the shows many of us watched as kids and assumed were pure fantasy — have started to become real. That future is unfolding above us right now, and it is beginning to change the way money moves.Some people are calling it the "outernet." A growing number of investors, both retail and institutional, are pouring billions of dollars into cloud computing, artificial intelligence, the internet of things, and even blockchain and cryptocurrency. When you look closely at all of these industries, one common thread tends to connect them. That thread is data, and in many ways, data has become the whole ballgame.Here is a piece that many people seem to be missing. Space companies are often the ones quietly carrying that data from one point to another, or creating it in the first place through satellites that observe the Earth from above. In a growing number of cases, they have become the toll operators on the digital superhighway, collecting value from the traffic that travels across it. Many otherwise sharp investors simply have not looked up long enough to notice. This opportunity may not be something that arrives someday. In many respects, it appears to be here already, hiding in plain sight.For more on this and other bite-size think about it bites and casual conversations, visit truesdellwealth.com and subscribe at no cost.Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed and that a conflict of interest exists. By listening, reading, or using this document, video, podcast, and/or website in any manner, you understand the information presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy. Public and group informational items should never be considered professional advice. Nothing said, written, or otherwise communicated should be construed as an offer, recommendation, or solicitation to buy or sell a security. Past performance is not a guarantee of future performance. We do not provide tax, legal, or psychological advice. Nothing herein constitutes advice or is a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your doctor or other qualified healthcare providers with any questions you may have regarding a medical condition. Never disregard professional medical advice or delay seeking it because of something you read, viewed, heard, or thought you saw or heard. Paul Grant Truesdell, J.D., AIF, CLU, ChFC, RFCFounder & CEOThe Truesdell CompaniesThe Truesdell Professional Building200 NW 52nd AvenueOcala, Florida 34482352-612-1000 or 212-433-2525 truesdell.net
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The Outernet
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