@MrTeslaTom@Tesla Yup. Me too for $TSLA
& I bought the gut my first Tesla last week, after first investing in 2015 and selling out in 2024.
Great vehicles. Fascinating company.
But man 😮💨
SpaceX has just announced that they have entered into a $920 million per month agreement with Google to provide compute capacity, according to a new filing.
"On June 5, 2026, we entered into a Cloud Service Agreement with Google with respect to access to compute capacity. The customer has agreed to pay us $920 million per month from October 2026 through June 2029, with capacity ramping up through September at a reduced fee. The compute capacity provided includes approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components.
After December 31, 2026, the agreement may be terminated by either party upon 90 days' notice. The customer will retain ownership of, and intellectual property rights in, its content, Al models, and related data."
Let me get this straight. Retail that owns shares of $TSLA are selling right now because they want to sell their Tesla at a $30-$50 discount from a couple weeks ago to buy a company they'll likely only get allocated 1-2 shares (if any) and then watch that stock $SPCX rise in the initial IPO and then drop 20-30% within 2 weeks. Then, realize they shouldn't have sold Tesla and have to probably buy back their shares higher.
@wholemars@PetecoleO It’s gonna be carnage.
Especially when insiders can sell 20% after Q2 earnings.
Some funds have up to 60% AUM locked in SpaceX.
They will sell.
Merger with $TSLA should come after all lockup periods expiry & true ‘price discovery’
Tesla can then merge on better terms