Bite-Sized Business Law

Valuing the Future: SpaceX, AI, and the Art of Valuation

The Corporate Law Center at Fordham University School of Law Episode 103

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0:00 | 35:30

How do you put a price on companies that could reshape entire industries? Today on Bite-Sized Business Law, we welcome ‘the Dean of Valuation,’ Professor Aswath Damodaran, to explain the methods behind the valuations of large companies. Tuning in, you’ll hear all about how price and value differ, the importance of taking ownership of your decisions as an investor, how Professor Damodaran has valued SpaceX and why it has been valued so high. We delve into the wild valuations of AI and the effects of the technology on society, before discussing how to invest in an industry that might have no good outcome. Professor Damodaran even touches on the future of AI in law and shares his thoughts on how AI can be compared to the dot-com bubble. Finally, our guest shares his hopes and concerns for the future of technology and challenges listeners to rediscover their capacity to think outside the box. You don’t want to miss this one, so be sure to press play now! 

Key Points From This Episode:

  • Welcoming Professor Aswath Damodaran to the show. 
  • The difference between value and price, and his valuation of SpaceX. 
  • An explanation of how and why SpaceX has been valued so high. 
  • The potential problems SpaceX may face and the advantages it has. 
  • Why AI has as much value as it does, and the cost of use and production. 
  • Some detrimental effects AI may have, and how to invest considering that. 
  • The future role of AI in law and lawmaking, in our guest’s opinion. 
  • Professor Damodaran shares his thoughts on comparing AI to the dot-com bubble. 
  • Why he’s hopeful about the future, and what technological factors concern him.  
  • How Professor Damodaran’s teaching has had to change because of these issues. 

Links Mentioned in Today’s Episode:

Aswath Damodaran 

Aswath Damodaran at NYU

Aswath Damodaran on LinkedIn

Aswath Damodaran on YouTube

The Aswath Damodaran Bot

Another Aswath Damodaran Bot

Professor Damodaran's Blog Post on his AI Bot: Beat Your Bot

Professor Damodaran's Blog Post on his AI Bot: The Imitation Game

Professor Damodaran's Blog Post on his AI Bot: AI Scenarios  

Fordham University School of Law Corporate Law Center