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Space X, it's truly a speculative stock. It incorporates the value of what's called AI a lot. And right now, it's not a lot, it's buying the future, buying confidence in the AI world. This AI world originated from OpenAI, because OpenAI was the one who launched ChatGPT. OpenAI is currently in a difficult spot because Anthropic has built upon it well and has released various versions that are, wow, killing it. So good that the US government had to ban it. This is the greatest industrial revolution in world history. Anthropic has a very high chance of becoming the gorilla of the AI world. [Music] [Music] [Music] When the South Korean market was heavily sold off and then recovered so quickly, it means confidence still exists, right? >> It means it's not a bubble. >> Oh. >> Is that correct? >> Yes, correct. >> It means what people misunderstood yesterday. >> Yes. >> Is being corrected today. >> So, why did it drop 10% due to a misunderstanding? >> I don't think it was a misunderstanding. It was due to assumptions, let's say. >> You bought a certain stock. >> Let's say you bought it for about a month. And it went up by who knows how many percent, a lot. >> And then suddenly you got scared yesterday. There was an announcement of earnings from Micron, which is one of the three major players. >> Yes, yes. >> Uh, called, uh, the tri-trillion dollar world of memory. Ah, you got scared, didn't you? If it comes out wrong, your stock will drop, right? >> Yes, yes. >> So, maybe we should sell first? >> Oh, reduce risk. >> Ah, and because we have profit. >> Oh. >> You had a lot of profit, and you sold. But when you started selling, it happened. >> So it dropped heavily. >> Ah, this is the point. And one thing, if you ask me, you need to look at when it goes up. It goes up 10%, 20%. Let me ask you, when it drops 10%, why is it so much? >> Hmm, it looks like it dropped more than it went up, so I was shocked. >> No, I think it's a matter of language. I call it, investors tend to be biased when it drops. >> Yes. >> Let me ask you, when it went up 1000%, people cheered, they were happy, but didn't feel much. But when it drops, say 100, let's say it drops 30%, people are shocked. >> Profit is gone, money is gone. >> It's not like, "Oh my god, the market has a problem, this and that," they just keep thinking, rambling. >> I'm not saying you shouldn't be careful. You should be careful, but the problem is you should, what do you call it, think thoroughly. Don't just, don't just, don't just make a definitive statement easily. And it will become an opportunity rather than a crisis, right? If you understand what I'm saying, hey, it dropped. Hey, it hasn't done anything yet. Let's see where we feel we can enter. Oh, if you can do that, you'll be rich. >> And what does Space X have to do with it? Why did it drop 30%? >> Space X is the same, sir. Space X is like this. The problem is this. Today, people who invest in the US stock market, generally, have profited a lot from the Magnificent 7 stocks. >> Yes. >> And before that, they profited a lot from memory stocks. Now, the next question is, if a stock comes in for an IPO, do you think the money will be moved? >> Moved. >> Of course, it will be moved to what? Speculation. >> Of course. >> Ah, speculation, right? Why use this word? >> Because Space X hasn't made that much profit yet. >> Definitely talented. >> It, it incorporates the value of what's called AI a lot. And right now, it's not a lot. So, it means Space X is truly a speculative stock. Buying the future, buying confidence in AI. >> Understand. >> I can't answer that, but that's the market. Now, $135 IPO. >> Correct. >> It shot up to over $200. >> Over $200, what percentage is that? 40-50%? >> Let me ask you, it went up about 50-60%. >> Right? 135 up to over 200. >> 50%, let's say 50-60%. >> Yes. >> Think simply. >> Yes. >> Do you think it will drop? >> Definitely will drop. >> It must drop, because why? >> Anyone can figure it out. >> Because 1, it's speculation. 2, it went up very rapidly, day by day, I mean day by day, 3 days, 5 days. Therefore. >> It's like when gold went up to 5,600. >> Yes, yes. >> Oh, you don't need to guess. It will drop, and people will be wiped out. >> So, I think it's normal. >> Oh. >> Now, the question is, what should the actual stock price of Space X be? What price can it sustain, where people will give it a stable value? >> Yes. >> Value is not just fundamentals. It must also have hope in it. Because Space X stock incorporates belief. It incorporates future expectations. I think it's more than half. >> But we have to admit that Elon Musk has built it well. So, I think, from my perspective, the stock price that Space X can sustain should be around $105-160, up to around $190. I think it will stay around there for a while until there are new developments. And there will be its own developments, such as, has Starship succeeded? Such as, uh, Starlink. Starship is the large rocket system used for launching. >> Yes. >> Up there. >> Yes. >> And there's Starlink, which can grow a lot, right? Ah, we'll have to see about that. >> I think that's what will make the price break $200 again. But if not, I don't think the stock will break $200. I think so. So, Space X has now become a stock that people might be indifferent to. >> Out of value. >> Not very interested anymore. They'll wait for the next IPO or play other stocks. This is the stock market. >> Aren't you bored? Khun Moo once told me, if OpenAI and this company go public, will these two have any impact in the future? >> In my belief, OpenAI will have a premium. >> Yes. >> In terms of what? In terms of first mover. >> Oh, really? >> The world, the AI world, originated from OpenAI. >> Yes, yes. >> Actually, the name says it all. OpenAI, what does it mean? >> Opening the AI horizon. >> Opening the AI world. [Laughter] And it's true, because OpenAI was the one who launched ChatGPT. I don't remember the version, but it was the version that opened up the world of AI growth in November 2022. >> The year the world was just recovering from COVID. >> You remember it well. >> Right? And then in 2023, wow, just like Space X, it went up, up, up, and the AI world has been growing since then. So, we have to accept that OpenAI opened the AI world for our world today. But the first mover may not be the ultimate winner. >> Not necessarily. >> Not necessarily. There are many examples. >> Like Sony. >> Ah, like that, that thing, Khun P's. >> Kodak. >> Ah, Kodak. In English, it's called Kodak. Kodak, sir. You sold it already. >> Ah, Kodak was the first to invent the camera, but it failed with digital cameras. So, I'll say that OpenAI is currently in a difficult spot because another company that you asked about. >> Anthropic. Wow. >> It's very good. >> It's very good. The people who made it are amazing. >> Because they said they all came from OpenAI. >> Well, I think they built upon it well, and they have the leader. Ah, the leader, the CEO, is very smart. And each version they release is, wow. >> Hmm. >> It has to be called killing. >> Yes. >> Uh, uh, killing, meaning it's very good. So good that. >> So good that. >> The US government had to ban some versions, saying, "Hey, hey, let's keep this for now." >> No, no. >> It's too advanced. We can't control it yet. No, no, no, we have to keep it for now, or we have to adjust this and that. Before that, there was another piece of news, do you remember? That the US Department of Defense. >> Hmm. >> Argued with Anthropic. >> Yes. >> Why? Because they said, "Hey, Anthropic says no, we have two conditions. Don't do this." Which is, don't use our technology to guide and kill people. >> Yes. >> Ah, that's one condition, clearly stated. >> Hmm. >> The US government said, "Hey, what right do you have to dictate to us?" >> No right. >> Ah, so they kicked them out and brought in, I think it was ChatGPT. And then, in the end, they had to beg them. >> Why? >> Because in the end, they realized that theirs is good. >> Yes, it's better. >> Oh. >> So, I think in the end, it comes back to the question: if it's like this, it teaches the business world too. If you make a product that's very good, in the end, in English, they call it a pull strategy. What is it? It goes back to what we discussed the other day, right? Ah, if you make a product and people feel, "Hey, it's worth it, it's an experience, there's variety," people will come. >> Yes. >> Ah, this is a pull strategy. >> Oh, it's good. >> Ah, Anthropic has taken it a step further. They've made, made, made the foundational models of AI, and they're very good. So good that the US Department of Defense had to bow down. >> Stop, don't use it. >> It has to be like that. >> Don't use it. >> Yes, to that extent. [Laughter] And now, if you look at the users of Anthropic and ChatGPT, oh my, they are competing fiercely. And I think, in the end, in my belief. >> Ah. >> Anthropic has a very high chance of becoming the gorilla. >> Really? >> Of the world. >> Really? >> AI. This new player, I've talked about this many times. It's about using the investment strategy, "Finding the Gorilla." Finding the Gorilla means you have to see. >> Which company will ultimately become the true winner? >> Hmm. >> That company will have a massive market share. For example, in the world of search engines, who is the gorilla? >> Google. >> Google Alphabet. In the world of e-commerce, who is the king? Amazon. >> See? In the world of GPUs, it's Nvidia. >> See? This is what we call a gorilla. In the world of foundries, it's. >> TSMC. >> It's TSMC. See? But in the world of memory, you don't need to guess. There are three companies. Who will be number one? >> Number one will likely be Samsung. >> Really? >> Ah, yes. But now I'm not sure. They are competing. But it's okay. Even if they are not, in some industries, there might be multiple gorillas. >> Ah, yes, yes. >> Ah, but all gorillas are full. >> Oh. >> Full and fat. [Laughter] Now, now, in the case of AI models, I think Anthropic has a very high possibility of being the AI gorilla. >> Khun Moo mentioned the guided missile used in the Iran war, they used XAI from Elon Musk. And I asked Khun Moo, so is XAI potentially inferior to Anthropic, or inferior to OpenAI? >> Well, I think. >> It's inferior. >> As of today. >> Yes, yes. >> But at that time, when it was used, as I learned, it was because they wouldn't allow it. >> They wouldn't allow it. >> They wouldn't allow it, so the Ministry of Defense had to use someone else's. >> Yes. >> Ah, right? That's what happened. But I think, I don't know, but I think Iran's version might be usable, but whose version, I don't know. [Laughter] >> I want to know about the missile fired from Iran. >> Whose version? >> Yes, who knows? X. >> Ah, and Khun Thani doesn't know? Whose version is it? >> I have to ask Iran. They said. >> Yes, what language do they speak? Chinese or Russian? >> The guided missile. >> And I think it's Chinese. >> Yes. >> Yes, I think it's Chinese. Chinese people probably made it. But how can they announce it? They say, "We have nothing to do with it. Xi Jinping has never said he would be involved with Iran." >> So, I think today, investing in AI, I think anyone who was born in the last 3-4 years is very lucky to invest, because you're coming in at a time when, I think, in the future, opportunities like this will be rare. Something that truly changes the world. >> The internet era wasn't as significant. It was less. >> Yes, yes. >> Because now, everything is ready. >> This is the global industrial revolution. >> Hmm. >> The greatest in human history, in my belief. >> Because, wow, it changes everything, and it can go at this speed. Wow. Even Elon Musk can't compete with this. This is multiple. [Laughter] Different things, sir. >> Yes. >> Speed of light, speed of sound. >> Ah, speed of sound, speed of light. Ah, yes, yes. Like, what was it? The rocket, right? The weapon said, "Is it Mach X?" Right? But it's not Mach Elon. [Laughter] >> Mach, Mach, it's different. Elon is Musk, right? >> Yes. >> But Mach speed is M. >> Russia has done 30 Mach. Wow. How fast will that run? I can't imagine 30 Mach. >> It's like if you shout, right? >> Yes. >> That thing travels 30 times faster than your voice. >> That's it. >> Oh, how can that be? >> Right? >> Yes. >> I'm telling you, if the world can use AI that much, that fast, don't you believe that the profits of businesses that can run fast and adapt well will have profits that run ahead? I'll use this phrase. Run ahead of market understanding. Do you know why I say this? Because market understanding is expectation. >> Ah. >> Expectation will be reflected in the stock price that goes up. >> Hmm. >> Why do profits of companies like Micron, for example? >> Why do they surpass market expectations so much, even though market expectations are already high? Oh. >> Well, it means what? The market still. >> Can't see it. >> Underestimated. Underestimated. >> Underestimated. >> This is it. That's why I told you that AI is not ordinary. It's a world-changing opportunity for wealth. >> Hmm. >> Khun Thani, you should go. If Khun Thani buys an AI fund today, you'll be rolling in money. >> Sigh. [Sigh] Don't say that. [Laughter] Greed is overwhelming. [Music] >> Don't forget to like, share, and subscribe to the Dee Bu Sua Thao channel to not miss interesting clips. [Music] And watch new clips first.