SpaceX needs new company equity because the math for its 20 GW plans does not work otherwise. A possible Tesla merger would take too long for its KPIs, even as SpaceX is beating CoreWeave and Cerebras. A huge primary offering by SpaceX, Meta or Alphabet ahead of Anthropic's IPO is considered nearly certain, though the issuer is uncertain. x.com  x.com  x.com 

Elon Musk's projected SpaceX revenue could make SpaceX and Tesla holders insanely rich. Musk predicts more than $2 trillion in SpaceX revenue by 2033; that could imply a combined value of $38 trillion for the two companies. x.com 

CPS Technologies is riding a supplier mania that never ends well. The 'everyone is an Anduril supplier' story has turned into 'everyone is a SpaceX supplier', and the stock can ride that mania until it ends. x.com 

A Tesla-SpaceX merger would unite an unrivalled mix of space, AI, Optimus, connectivity, Cybercab, Roadster, robotaxis and bitcoin into a $100T company in the making. Their combined 30,221 bitcoin would make them the sixth-largest corporate holder. The deal would be welcome only at an attractive price for Tesla shareholders: at least three SpaceX shares per Tesla share, or no deal. x.com  x.com 

A SpaceX IPO should send the market chasing space supply-chain stocks next. Launch and spacecraft: Rocket Lab, Intuitive Machines, Redwire, York Space, Voyager, Firefly. Satellite internet and data: AST SpaceMobile, Iridium, Planet Labs, BlackSky, Spire, Amazon's Kuiper. Materials: MP Materials, Alcoa, Freeport, Teck, ATI, Hexcel, Park Aerospace, Carpenter, Corning, Materion. Chips and optics: Lumentum, Coherent, Applied Optoelectronics, Qorvo, Analog Devices, STMicro, Broadcom, Nvidia. x.com 

Tesla looks like a potential loser as an unprecedented IPO pipeline concentrates capital in a few narratives. SpaceX ($75B), Anthropic (over $60B) and OpenAI ($60B) could absorb more capital than anything seen before, and public markets may struggle to support four massively capitalized, still cash-flow-light growth stories at once. Elon Musk may also not want the highest possible Tesla valuation if SpaceX is meant to have strategic flexibility around it. x.com 

SpaceX's AI business and profitable growth challenge calls for its stock to go much lower. Q3 revenue reached $14.6B, up 161%, with $4.4B profit and $7.6B from AI. A Tesla merger is being discussed. x.com 

SpaceX's $40B financing for GPU procurement adds another large, funded source of AI-infrastructure demand, with spending flowing into GPUs, memory, networking and optics. At the same time, InP substrates are seriously short, and Morgan Stanley identifies InP, EML and CW lasers as primary bottlenecks; suppliers that secure raw materials should gain pricing power. Any slowdown looks unlikely. x.com 

SpaceX's revenue growth and raised guidance make its double beat and raise worth liking. Revenue grew 161% year over year, Q1 guidance was raised 67%, and its SI arm is growing extremely fast. Talk of $500 billion to $1 trillion in revenue by 2028 should not get investors too excited. x.com 

SpaceX's compute outlook improves as Anthropic commits more spending and institutions fund its GPU expansion. Anthropic's S-1 lists up to $120.5B in SpaceXAI compute purchases through 2029; Pimco bought $4B of the roughly $40B Apollo-led GPU debt package. The GPU lease is expected to close before year-end and entails about $40B in principal payments, not new shares. Elon Musk says Starlink Mobile will take 2-3 years to build out, versus the 4-6 years estimated by Verizon's CEO. x.com  x.com  x.com  … Show more