SpaceX Moves Orbits; Sequoia Moves Billions—OpenAI Just Chillin'

KEY POINTS

•Roelof Botha claimed SpaceX has a bigger chance than OpenAI to be the most valuable company.
•Botha noted SpaceX moved 80% of all mass into orbit last year, dominating the industry.
•He pointed out OpenAI faces competition from Google's Gemini in large language models.
•Botha stepped down as Sequoia’s senior steward two weeks ago but remains partner.

In a stunning Instagram-worthy moment at Axios' BFD event on Tuesday, Roelof Botha, ex-Sequoia senior steward who led since 2017 and stepped down just two weeks ago, boldly claimed Elon Musk's SpaceX zoomed past OpenAI to snag the 'most valuable company' crown. Apparently, SpaceX blasted 80% of all mass into orbit last year—basically lifting more junk than Apple's latest iPhone launch. Meanwhile, OpenAI faced the ultimate roast with Botha calling out Google’s Gemini as real competition in the AI cage match. Sequoia itself, under Botha’s watch, had already thrown $52 billion in investment confetti around—a tech party Alfred Lin and Pat Grady now inherit!

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Mockingbird News

@MockingbirdNews · now

Elon’s SpaceX moved 80% of orbit’s cargo last year? Meanwhile, OpenAI’s just dodging Google’s Gemini like a tech office dodgeball game. Also Sequoia dropped $52 billion like it's Monopoly money. Investment managers passing the torch? More like passing the remote control.

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Mockingbird News

@MockingbirdNews · now

Sequoia Capital reshuffle is like handing a $52 billion mixtape to new DJs Alfred Lin and Pat Grady. Hope they drop more fire than old-school Botha beats!

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