Elon Musk on scaling AI in space: Earth is the bottleneck.
"It’s harder to scale on the ground than it is to scale in space."
"You’re going to get about five times the effectiveness of solar panels in space versus the ground, and you don’t need batteries. I almost wore my other shirt, which says, 'It’s always sunny in space.'"
"In 36 months (but probably closer to 30 months), the most economically compelling place to put AI will be space."
"Once you start thinking in terms of what percentage of the sun’s power are you harnessing, you realize you have to go to space."
Source: @elonmusk with Stripe’s @collision and @dwarkesh_sp
Charlie Munger watched Berkshire fall 50% three different times and stayed the course.
Volatility is the toll you pay to be a growth investor and these resets are part of the process where its designed to shake you out before the trend pays you back.
Cathie Wood is basically saying the market is valuing $TSLA as a future autonomy platform where robotaxis turn one-time vehicle sales into recurring, software-like revenue with ~70% margins.
She also argues a trillion-dollar SpaceX IPO makes sense if you view the space as the next infrastructure buildout with orbital compute & space-based data centers forming a new internet layer
$GOOGL has seen its valuation double the past 8 months.
The market re-rated it from a search & ads biz at risk from AI to a platform that controls full AI stack that enables intelligence to be monetized across Google ecosystem.
My thesis is playing out faster than I expected.
President Trump unveiled “The Great Health Care Plan” proposing to send healthcare dollars directly to individuals via health savings accounts instead of subsidizing insurers.
The plan also pushes “most favored nation” drug pricing to match the lowest global prices.
Modern chips only keep getting faster because we can pack billions of tiny switches onto silicon at scales so small that only one machine in the world can make them.
$ASML EUV tools are that machine.
I have never known a president to give as much money to their country as this guy. I dont know about you, but I feel pretty good about the next few years
President Trump says Americans will receive a $2,000 “tariff dividend” funded directly from tariff revenue.
The administration is framing it as returning tariff proceeds to taxpayers while excluding high-income earners.
Stimulus checks are back.
Elon Musk says $TSLA will build a 1M-unit Optimus line in Fremont and a 10M-unit line at Giga Texas.
If that capacity materializes then it would mark the first time in history a company has industrialized humanoid robotics at automotive scale.
President Trump said the only thing he cares about is whether America will be number one in crypto.
He pointed out that China is getting “very big” into $BTC Bitcoin & crypto.
🗽The world’s financial elite are heading to NYC for @Ripple Swell.
Over 700 of the world's most influential voices—including leaders from NASDAQ, BlackRock, JPMorgan, and global policy will convene at this two-day gathering.
Tune into @CoinDesk Live on November 4th & 5th from 9:30a.m. -12:00 p.m. ET!
S&P Global Ratings has assigned Strategy Inc a 'B-' Issuer Credit Rating (Outlook Stable) — the first-ever rating of a Bitcoin Treasury Company by a major credit rating agency. https://t.co/WLMkFqkkCb