Anthropic Profit Projection Depends on One-Time SpaceX Compute Discount

Always read the fine print: Anthropic is projecting its first (slightly) profitable quarter ever, which is amazing—assuming it actually happens —but if it does it will be in no small part because they are getting a one-time (nonrecurring) discount for that quarter on compute from SpaceX.

That discount may well be bigger than the projected $559M profit. The context matters.