Elon Musk's Vision for Astrophorg

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Hanyan: Venture is built on taking big risks for big payoffs. That's what SpaceX was, right? SpaceX just hit and had that big payoff. We hope to do the same thing. I actually think this was venture was founded on. And none of this would have been possible if SpaceX hadn't figured out how to do what they do. But again, in these kind of deep tech things, it's all on us right now.We got to hit our milestones to show we can perform and make it to the damn asteroid. Hanyan: The timing is now for this to happen due to rideshare and the decrease in launch costs.

AstroForge CEO Matthew Gialich joins Jason to discuss his startup’s lofty goal of mining Platinum Group Metals from asteroids (1:11). They discuss the recent launch of their Brokkr-1 space vehicle, the company’s road map to gather PGMs successfully from space, and SpaceX’s impact on the space industry (5:42). Then, Founder University’s Kelly Schricker gives a presentation on how to set up a fundraising process for your startup (31:51).

(0:00) AstroForge’s Matthew Gialich joins Jason

(1:11) The purpose of mining asteroids

(5:42) Brokkr-1 mission

(10:38) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(12:09) AstroForge’s roadmap

(16:07) Unit economics of hardware-based businesses

(17:38) Scaling Virgin Orbit and Virgin Galactic

(20:51) Pilot - Get 20% off the first 6 months at https://pilot.com/twist

(22:20) The evolution of the space economy

(30:43) Crowdbotics - Get a free scoping session for your next big app idea at http://crowdbotics.com/twist

(31:51) How to set up a fundraising process

FOLLOW Matt: https://twitter.com/MattGialich