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The single best idea and the single idea is what keeps us going in the blur here five days a week, three hours every morning. People go, how do you do it? We do it because our guests want to be on with us. That is the absolute bedrock of what we do. And one and Eric and the team putting us together
every day, booked out weeks in advance with people. When you get Dan Ives saying I want to be on the show, and Robert Schiffman and Bloomberg Intelligence saying I want to be on the show, you have just a terrific effort in studying this technology space. I can't say enough of the interest, both of them said, people coming up to them in restaurants saying, what about it? What about it? Let's get started. Dan Ives here on technology.
When you look at XAI, that's so much of the AI technology now that's within SpaceX, SpaceX basically being the vehicle that obviously gets you to space. It's must view where he's basically creating his own ecosystem. You do about circuit financing and everything else. He's internally building this what I would argue is probably going to be the biggest AI company in the world.
My first conversation on this SpaceX XAI. You know, I'm skeptical. Dan Ives is not. He's at Wedbush Security's. We'll be doing much much more on this. Lisa Matteo and Alexis Krossoffer is making clear this looks to be a ginormous that's CFA level for ginormous IPO. How special is this? Robert Shiftman with us, we have to hear two Bit's Robert Shiftman's with Bloomberg Intelligence. He is absolutely definitive on
the credit analysis of large cap technology. Robert Schiffman on this moment for the big companies.
What you've said in the past to me is why aren't the companies paying more dividence? You asked Dan this morning, why you know, why isn't Microsoft going to go out and find more? And first of all, I think that these companies have much different visions than what we have. They can see the future that we can't see, and they're willing to put their their money right where that vision is.
Robert Schiffman, he went on really to lay out the granular nature. Just one vignette here, Oracle really troubled he laid out all the charts about how Oracle's struggling to get mass and size. In that they did a bond offering and they offered five times more people wanted it than the bond size. I mean, the demand was insatiable for Oracle. Paper here Robert Schiffman on the future for these big companies. Listen.
I've never been as on big cap tech as I am right now, so I understand some of the fears. Quite frankly. The way I think about it is it's a little bit about perspective, like if you're looking at a Rorshach test. Some people equity analysts are very much concerned that valuations are wildly out of whack and all the money that's being spent is never going to be earned back. From a credit perspective, I don't think people are worried at all, and there's data to back it up.
Robert Schiffman there, go to the Bloomberg Terminal Bloomberg Intelligence. His read every morning is absolutely definitive and must read. On podcasts, We're out there. We're at Spotify and Apple Music on YouTube. Subscribe to Bloomberg Podcasts. It's single best idea