portfolioLogic

Systematic Investor, not investment advice.

[Dan O'Dowd @RealDanODowd]

SpaceX is losing money hand over fist, nearly $5bn last year.

@SpaceX’s only profitable business is Starlink, but its new satellites can only be launched by Starship, which the FAA has grounded, again.

Who in their right mind thinks this meme stock of a company is worth $2tn?

[Stonk King ((((🌕)))) @StonkKing4]

Another day ...

another $TSLA saving the planet 🌎🙏

[Liam Nissan™ @theliamnissan]

Fun Fact: The last time there was a cage fight at the White House Elon Musk went home with a literal black eye and then tweeted about how Donald Trump was in the Epstein files

[Motorhead @BradMunchen]

If the SpaceX IPO goes through (which still isn't 100% sure), it'll be more laughable than WeWork's IPO.

Here's how much the average retail investor--to whom this offering is mainly aimed--won't know, and why $TSLA will get dumped. 🧵

1/7

[Michelle @Michell33650674]

THIS ASSHOLE IS THE REASON TRUMP IS BACK IN OFFICE. LET'S MAKE SURE HE GOES TO PRISON WHEN ALL THE GOP ARE VOTED OUT! IF THE ELECTION IS RIGGED AGAIN, WE MUST REVOLT! THE VAST MAJORITY OF AMERICA WANTS THE ENTIRE TRUMP REGIME AND GOP GONE!

[Stonk King ((((🌕)))) @StonkKing4]

$TSLA FSD 'perfect' for xxxx miles, until it ...

💀 crashes into electrical box

💀 crashes into preschool

💀 drives in front of oncoming train

[Robert Graham @robertgraham]

The SpaceX IPO is a shitshow. When you peel back the layers, you realize how thoroughly corrupt it is.

[Jim Stewartson, Decelerationist 🇨🇦🇺🇦🇺🇸 @jimstewartson]

Elon Musk is going to retail because he needs his brainwashed cult of gullible crypto bros to follow him off the cliff.

Not enough professional investors are willing to give a racist midwit welfare queen the privilege of burning their money.

The biggest scam in history.

[Earl of FrunkPuppy @28delayslater]

Typical Cybertruck owner

[Evan Armstrong @itsurboyevan]

SpaceX wins the trophy for most ridiculous TAM analysis in public market history.

Saying your market is "$28.5 trillion" is the typa shit you see in F-tier startup pitch deck

[Hedgie @HedgieMarkets]

🦔Microsoft canceled its internal Claude Code licenses this week after token-based billing made the cost untenable, even for a company with effectively infinite cloud resources. Uber's CTO sent an internal memo warning the company burned through its entire 2026 AI budget in just four months. American AI software prices have jumped 20% to 37%, and GitHub (owned by Microsoft) is dropping flat-rate plans for usage-based billing across its products.

My Take
The AI subsidy era is ending in real time. The same company that put $13 billion into OpenAI and built the Azure infrastructure powering most of Anthropic's compute just looked at the bill from a competitor's coding tool and decided it was not worth paying. That is not a productivity failure on Anthropic's end. Token-based pricing is forcing every enterprise customer to confront the actual cost of running these models at scale, and the number turns out to be far higher than the flat-rate experiments suggested.

This ties directly to my Gemini Flash post yesterday. Anthropic, OpenAI, and Google all raised effective prices in the last six months. Enterprises that built workflows assuming AI costs would keep falling are now watching annual budgets evaporate in months. Two outcomes look likely from here. Either enterprises scale back AI usage to fit budgets, which slows the revenue ramp the labs need to justify their valuations ahead of IPOs, or the labs cut prices and absorb the losses, which makes the unit economics worse at exactly the wrong moment. Both paths land in the same place, the numbers stop working, and somebody has to take the writedown.

Hedgie🤗

[Winston | путин иди нахуй @jiao_tu]

@GrapevinePolice The epitome of the car's "type"

[Stonk King ((((🌕)))) @StonkKing4]

$TSLA did not "see" motorcycle, crashed into it

💀 Tesla vehicles continue to run over motorcycles

💀 Where were Tesla advanced safety features and automatic emergency braking to prevent this?

[Elizabeth @alluringmedia]

Take it from me, as someone who did COPIOUS amounts of Ketamine in my 20s, that is not all he is on.

[Fred Lambert @FredLambert]

Lol it took two hours for the Musk vs OpenAI jury to see through Elon's bullshit.

[Lakota Man @LakotaMan1]

Can we please DENATURALIZE and DEPORT this dishonest, deceitful South African IMMIGRANT motherfucker back to Johannesburg before he helps Republicans steal another one of OUR elections?

[Dan O'Dowd @RealDanODowd]

Watch @Tesla self-driving v14.3.2 blow past a stop sign and nearly drive straight into cross traffic, forcing the driver to slam the brakes.

@ElonMusk’s defective software has a genuine death wish. It must be banned from public roads.

[Dougie Kass @DougKass]

In aggregate the ARK etf has lost approximately $13 billion of investors' capital.
That is the single largest loss of an actively traded etf in history.

[Brian Allen @allenanalysis]

Trump took $59 million from 590,000 Americans for a phone that may never exist.

Then quietly updated the terms:

“No guarantee a phone will be produced or sold.”

The crypto coin. The sneakers. The Bible. The gold card. The ballroom. The phone.

Every single time the same pattern.

Take the money. Change the terms. Walk away.

[evan loves worf @esjesjesj]

When Elon bought Twitter he slashed maternal leave to just two weeks.

Two weeks.