Addy Crezee | thehype. | /function1

A year ago, /function1 was a one-day curated gathering of 600 people. In late 2025, it became a two-day conference with three stages, 150+ speakers, and 10,000+ attendees from 141 countries - that’s 72% of the whole world! In just 11 months, we have grown 16x in scale, becoming one of the most rapidly growing tech conferences in the world. Today, we are more than just an event: a full-fledged ecosystem where the AI world gathers to communicate, exchange ideas, and evolve. The growth happened fast. The impact is real. And this is only the start.

Something BIG is coming

What you say is true, but nonetheless our AI will be great. Whether it is the best remains to be seen, but I will never give up. Never. Space(XAI) is only 3 years old. That’s half the age of Anthropic and quarter the age of OpenAI. Let’s see where things stand 3 years from now.

The SpaceX IPO is the most brazen retail fleecing in modern market history. NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float. Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not. And what exactly are they buying? Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously. For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%. SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September. $1.75 trillion valuation. $80 billion raise. Largest IPO in history. The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.