Cyrus D

To obtain truth in life, we must discard all of the ideas we were taught in life, and reconstruct the entire system of our knowledge. - René Descartes

[Cyrus D @CyrusD_]

@Justinf_DeFi @carm1nee Those who can't think, judge.

[Cyrus D @CyrusD_]

@chamath @wholemars

[Cyrus D @CyrusD_]

@TrendSpider

[Cyrus D @CyrusD_]

@business Watch the movie Transcendence

[Cyrus D @CyrusD_]

@TheMaverickWS https://t.co/0JvhOhYQiM

These are real concerns. But there is a difference between a known, disclosed, priced risk and a fraud. This is the former.

[Bull Theory @BullTheoryio]

The debt Burry called fake is trading 6% above its face value.

Apollo has already booked $250 million in gains on this position.

Debt built on fake numbers does not trade above par, It collapses.

The deal was announced in a public Apollo press release on January 7, 2026. Latham and Watkins, Proskauer Rose, and Sullivan and Cromwell are named as legal counsel on the transaction.

These are three of the largest law firms on Wall Street.

Valor is a fund managed by Valor Equity Partners a real, established asset management firm with institutional limited partners.

The structure is a chip sale leaseback. Nvidia sold the GPUs. Valor holds legal title. xAI leases and operates them. Every party is named. Every dollar is disclosed.

This structure is not unique to this deal. Meta, Oracle, and CoreWeave have moved more than $120 billion in AI infrastructure off their balance sheets using identical SPV structures funded by PIMCO, BlackRock, Blue Owl, and JPMorgan.

This is now standard practice across every major technology company building AI infrastructure.

Athene holds $34 billion in regulatory capital with a 441% RBC ratio against a 100% regulatory minimum. 95% of its portfolio is fixed income. 97% of that fixed income is investment grade. The leverage target is below 30%.

The Bermuda structure operates under a regime the European Union recognizes as equivalent to its own Solvency II standard.

The NAIC classifies Bermuda as a Qualified Jurisdiction. A dollar of reserves there carries identical regulatory weight to a dollar held in the US.

None of this means the risks do not exist. xAI burns approximately $1 billion a month.

The SPV structures do add leverage that does not show up cleanly on balance sheets.

These are real concerns. But there is a difference between a known, disclosed, priced risk and a fraud. This is the former.

[Cyrus D @CyrusD_]

@mattleathers @EverestToday Everyone who is involved, is responsible.

[Cyrus D @CyrusD_]

@elonmusk https://t.co/lfGPmgXIfC

How is this employee doing?
I believe his name is Raza?

[Cyrus D @CyrusD_]

@ProtonMail @Techjunkie_Aman Every time an email is sent a reminder should be given about this fact

[Cyrus D @CyrusD_]

@F1BigData @F1BigData accurate?

[Cyrus D @CyrusD_]

@F1BigData

[Cyrus D @CyrusD_]

@jbw3e @EverestToday Michael has been tremendously debunked, but each to his own

Cheers.

[Cyrus D @CyrusD_]

@thinkingwest @elonmusk Most people are not only comfortable in their ignorance, but hostile to anybody who points it out

Plato

[Cyrus D @CyrusD_]

@cyber__razz https://t.co/qPLztZTU48

[Cyrus D @CyrusD_]

@HuntingJck @BankerFred74206 @RaminNasibov Unfortunately fake

[Cyrus D @CyrusD_]

@CharlesMullins2 This has been well known for a long time.... Nothing new

[Cyrus D @CyrusD_]

@WarMonitor3 You are late

https://t.co/Js613LYXNT

[Open Source Intel @Osint613]

Trump greeted by a military honor guard and flag-waving youth as he arrives in Beijing, flashing his signature fist pump along the red carpet.

[Cyrus D @CyrusD_]

@miniapeur

[Cyrus D @CyrusD_]

@WarMonitor3 Without a doubt, the first chapter is the rise of Elon

[Cyrus D @CyrusD_]

@Rothmus How interesting