@SawyerMerritt @SpaceX They will need it. Terafab is no joke.

@SawyerMerritt @SpaceX I hope I get my 10 shares of SpaceX so I can retire 😆

@JCChristopher @SawyerMerritt @SpaceX Agreed.

@SawyerMerritt @SpaceX Bases on ptimistic projection, 30x P/S 😂

@SawyerMerritt @SpaceX @grok did he calculate these himself?

@ECLresearch @SawyerMerritt @SpaceX That's revenue... Earnings is margin on that revenue. Starlink is running at 60% margin. These data center deals are more like 80% margin...

Earnings could look like 30+ bil potentially. With a huge growth rate

@SawyerMerritt @SpaceX $60B run rate would imply Starlink alone hitting meaningful EBITDA contribution, maybe 40-50% of that figure. The inflection point hinges on satellite manufacturing cost compression vs launch cadence.

@SawyerMerritt @SpaceX X subscription and Grok subscription add another $3 billion.

@SawyerMerritt @SpaceX Going to mars baby

@SawyerMerritt @SpaceX Your Starlink, launch, XAI, and X Math are way too low: 1. Stalrink at 16b to 18b alone 2. Non starlink 5b to 7b 3. Xai and x 6b+ Which amounts to 27b to 31b total. so you're missing about 5b to 9b on that 22b you estimated and on your final 58b to 59b, real total is 63b to 68b.

@jimmyzdivebar @SawyerMerritt @SpaceX 😂

@SawyerMerritt @SpaceX Anyone who bets against Elon and SpaceX is a complete moron.

the compute-leasing leg is the one to stress test, because run rate and revenue are not the same thing here.

the Google deal is $920m/month but terminable on 90 days notice after this december. a 30b annualized number built on contracts that can be cancelled inside a quarter is a run rate, not a backlog. the market pays a far lower multiple for revenue that walks on 90 days notice than for locked term.

worth separating the Starlink line, which is durable, from the leasing line, which is optionality dressed as recurring.

@SawyerMerritt @SpaceX What did Elon say one time..."it's almost like I had a plan". 😏

@SawyerMerritt @SpaceX I mean, they don't even have enough compute on tap right now to run Grok Imagine, how are they leasing out even MORE GPUs? I don't see it. After the IPO, I think (and hope) Elon will rugpull Dario. Make SuperGrok Super Again!!!!!!!

@SawyerMerritt @SpaceX Annualizing a 9-month contract is doing a lot of work here. Anthropic deal is short-term per Elon, Google deal gives either party a 90-day exit after Dec 31. $920 million/month is real; "ARR" overstates what the contract guarantees. S-1 read:

The math is interesting but the structural story is more interesting. SpaceX merged with xAI in February. It’s acquiring Cursor in July. It’s leasing compute to Google and Anthropic. It’s pricing an IPO next week. In six months Elon built a vertically integrated AI stack infrastructure, models, coding tools, distribution and is taking it public at $1.75T before any of it has been stress-tested at scale. The revenue is real. The durability question is open.

@SawyerMerritt @SpaceX The future is what you make it. Hope for the future is what people need right now. I see SpaceX benefiting the North American, European, and world economies tremendously for those who participate.

@SawyerMerritt @SpaceX If they keep launching rockets faster than my coffee brews, $60 B by 2026 is basically a space‑age lottery ticket. 🚀

@SawyerMerritt @SpaceX Wow!! Pretty crazy!