"It's true. Dad came up with it first, he just couldn't create the element before he died. The technology just wasn't there."

Of course he chooses to leave out the fact that he didn't even find this information out until a few years ago.

"Because I want it named Badassium, not Starktanium or something else that sounds strange when you connect it to my name."

Really Tony knows that it's going to be hard to get the name he wants approved, but that's half the reason he picked it.