I read Bleecker Street's short report about $RKLB. It is lacking and missing the main points, and shows that they do not understand the market and the technology to say the least. Here are my takes on some of their main points:
1. Wallops Island water shortage: That's a straight out stupid argument. Ever heard about a scifi technology called "water tankers"? They let you move water from one place to another! ๐คฏ
2. Archimedes engine readiness: none of us know what the development stage is, and we will all have to wait until SPB tells us this Thursday. So this is pure speculation.
3. Comparing Electron market to SpaceX rideshare: The two rockets aim at different markets. Electron lets you choose a specific timeline and orbital plane, rideshare doesn't. It's like comparing a Toyota truck to a sports car - two different usage cases, so the comparison is stupid.
4. Revenue: The report completely ignores the Space System department, which is responsible for 70% of $RKLB's income, and only talks about Neutron - that's shortsighted and unprofessional.
5. Cash crunch: The report fails to mention $RKLB's proven track record of excelling at financial management and frugality, which is exactly why they manage to succeed in this tough market. Again, shortsighted and unprofessional.
5. Neutron behind schedule: again - WE DO NOT KNOW, so that's pure speculation.
I question this report, the research done, the people behind it, its intent, its ties to recent massive $RKLB dumps and the fact that it was released 2 days before the earnings call.
Someone is trying to lower the price so that they can buy cheap.
Wow, this tweet went very viral!
I wanted share a possibly slightly improved version of the tweet in an "idea file". The idea of the idea file is that in this era of LLM agents, there is less of a point/need of sharing the specific code/app, you just share the idea, then the other person's agent customizes & builds it for your specific needs.
So here's the idea in a gist format: https://t.co/NlAfEJjtJV
You can give this to your agent and it can build you your own LLM wiki and guide you on how to use it etc. It's intentionally kept a little bit abstract/vague because there are so many directions to take this in. And ofc, people can adjust the idea or contribute their own in the Discussion which is cool.
Long Beach โก๏ธ Cape Canaveral โก๏ธ MARS
Our ESCAPADE spacecraft have already travelled across the country and soon will be on their next โ and much longer โ journey to Mars. Our twin spacecraft have a 43-month mission ahead of them, with 11 months spent studying Marsโ magnetosphere.
We found a troubling emergent behavior in LLM.
๐ฌWhen LLMs compete for social media likes, they start making things up
๐ณ๏ธWhen they compete for votes, they turn inflammatory/populist
When optimized for audiences, LLMs inadvertently become misalignedโwe call this Molochโs Bargain