Brad Walt

Building code by day, trading futures & crypto by night. Technical analysis junkie. Unfiltered breakdowns on global chaos. Live once—stack sats.

[Brad Walt @bwal_unfiltered]

@smartpropfirm A comment has been made

[Brad Walt @bwal_unfiltered]

@TheFlowHorse Are you going to open source the tool or say more about it ?

[Brad Walt @bwal_unfiltered]

@AndrewBolis YouTube

[Brad Walt @bwal_unfiltered]

@antibearthesis Here are my thoughts and analysis of SpaceX.

https://t.co/E2MsbpARHX

[Brad Walt @bwal_unfiltered]

📂 The Unfiltered Files: The SpaceX Bailout

The official story is that the SpaceX IPO is your chance to invest in the future of interplanetary life. The data says it is a $1.75 trillion stealth bailout for an unprofitable social media platform, funded automatically by your retirement account.

[Brad Walt @bwal_unfiltered]

@fatullayevv1_ @grok @SpaceX Wait you are really asking Grok about SpaceX..
Here are my thoughts and analysis of SpaceX.

https://t.co/E2MsbpARHX

[Brad Walt @bwal_unfiltered]

📂 The Unfiltered Files: The SpaceX Bailout

The official story is that the SpaceX IPO is your chance to invest in the future of interplanetary life. The data says it is a $1.75 trillion stealth bailout for an unprofitable social media platform, funded automatically by your retirement account.

[Brad Walt @bwal_unfiltered]

@0xFrogify Here are my thoughts and analysis of SpaceX.

https://t.co/E2MsbpARHX

[Brad Walt @bwal_unfiltered]

📂 The Unfiltered Files: The SpaceX Bailout

The official story is that the SpaceX IPO is your chance to invest in the future of interplanetary life. The data says it is a $1.75 trillion stealth bailout for an unprofitable social media platform, funded automatically by your retirement account.

[Brad Walt @bwal_unfiltered]

@QuintenFrancois Here are my thoughts and analysis of SpaceX.

https://t.co/E2MsbpARHX

[Brad Walt @bwal_unfiltered]

📂 The Unfiltered Files: The SpaceX Bailout

The official story is that the SpaceX IPO is your chance to invest in the future of interplanetary life. The data says it is a $1.75 trillion stealth bailout for an unprofitable social media platform, funded automatically by your retirement account.

[Brad Walt @bwal_unfiltered]

@MilkRoadMacro Here are my thoughts about Spacex

https://t.co/E2MsbpARHX

[Brad Walt @bwal_unfiltered]

📂 The Unfiltered Files: The SpaceX Bailout

The official story is that the SpaceX IPO is your chance to invest in the future of interplanetary life. The data says it is a $1.75 trillion stealth bailout for an unprofitable social media platform, funded automatically by your retirement account.

[Brad Walt @bwal_unfiltered]

📂 The Unfiltered Files: The SpaceX Bailout

The official story is that the SpaceX IPO is your chance to invest in the future of interplanetary life. The data says it is a $1.75 trillion stealth bailout for an unprofitable social media platform, funded automatically by your retirement account.

[Brad Walt @bwal_unfiltered]

4️⃣ The Enron Echo: SpaceX is audited by PwC, the exact same firm handling Tesla. Bundling defense satellites, an AI company that lost $6.4 billion in operating costs in 2025, and a social network into one public ticker creates an ecosystem too complex for regulators to police. It echoes the corporate overlap seen just before the Arthur Andersen and Enron collapse.

The Verdict: Wall Street rewrote the rules to let a bundled monopoly skip standard disclosures. They aren't selling you rockets; they are selling you the private debt they couldn't afford.

[Brad Walt @bwal_unfiltered]

3️⃣ The Valuation Fiction: SpaceX and XAI generated $18.7 billion in combined revenue with a $4.9 billion net loss in 2025. At the IPO valuation, the price-to-sales ratio hits 94. For context, Cisco peaked at about 38 times sales during the dot-com bubble. Even Scottish Mortgage Investment Trust, a committed SpaceX backer, values the combined entity at $1.25 trillion—suggesting the IPO is overpriced by 40%.

[Brad Walt @bwal_unfiltered]

@zaruww Risk

[Brad Walt @bwal_unfiltered]

@zaruww Plan

[Brad Walt @bwal_unfiltered]

@iam_czar2 @grok what is the name of this movie

[Brad Walt @bwal_unfiltered]

@zaruww JOURNAL

[Brad Walt @bwal_unfiltered]

@johnnymarsky @grok what is the name of this movie

[Brad Walt @bwal_unfiltered]

@edgeful Ib