BREAKING:
SpaceX IPO is reportedly well oversubscribed.
Books close Wednesday after market close.
The largest IPO in history.
$75,000,000,000 raised.
$1,750,000,000,000 valuation.
Demand exceeding supply before it even prices.
One thing worth remembering:
Insiders own 95% of shares.
Lockup period: just 60 days.
The most oversubscribed IPO in history.
With the shortest insider lockup in recent memory.
Do your own research before you buy.
Okay this is genuinely insane.
SpaceX just unveiled a satellite whose only job is to run AI. Not internet. Not GPS. Just compute, floating in orbit.
It's called AI1, and the reason behind it breaks your brain.
AI data centers on Earth are hitting a wall, not a chip wall, a physics wall.
They need staggering amounts of power and water just to stay cool, and we're running out of grid and land to build them.
So Musk's answer is: stop building them on Earth.
In orbit, the sun never sets. Free power, 24/7. No water for cooling, you just radiate heat into the vacuum of space. The two things choking AI on the ground barely exist up there.
And here's the wild part: Musk says it's easier to build than a Starlink satellite. Strip out the complex antennas and it's "a lot of solar cells, a radiator, and some laser links."
One AI1 carries the compute of an Nvidia GB300 rack, the same hardware data centers fight over down here.
AI1 is just the first one. The plan is a constellation of up to a million of them.
And the timing isn't an accident, SpaceX goes public this week at a ~$1.75 trillion target. This isn't a rocket company anymore. It's positioning itself as the power grid for AI, in space.
The race for AI compute just left the planet. Literally.
@SpaceX
Don’t worry guys.
It’s totally normal for the no-name candidate deep in 3rd place to give a tear-filled concession speech on election night and then miraculously receive almost every Democrat vote in the 2 weeks after the election to defeat the most charismatic Republican candidate in decades.
Just another “safe and secure” election in LA.
MICHAEL SAYLOR SAID WORKING HARD IS THE WORST ADVICE YOU CAN GET.
“YOU DON'T WANT TO MAKE MONEY BY BEING TALENTED AND WORKING HARD. THE ROBOTS ARE GOING TO WORK HARD. THE CARS ARE GOING TO DRIVE THEMSELVES.”
“ONCE YOU TRAIN THE AI ON A SHAKESPEAREAN SONNET, IT WILL SPIT BACK SONNETS JUST AS GOOD AS SHAKESPEARE IN HIS PRIME.
IF YOU STUDIED FOR 20 YEARS TO LEARN HOW TO COMPOSE, THAT'S BECOMING LESS VALUABLE — JUST LIKE WRITING A 100-PAGE LEGAL DOCUMENT.”
“HUMAN CAPITAL IS GETTING DEMONETIZED.”
There's some truth to what he's saying of course, but conflating super long legal documents with poetry and music composition, is ridiculous. AI nor robots will ever have a human soul, therefore things like art and poetry created out of the human soul will always outshine🤖
MICHAEL SAYLOR SAID WORKING HARD IS THE WORST ADVICE YOU CAN GET.
“YOU DON'T WANT TO MAKE MONEY BY BEING TALENTED AND WORKING HARD. THE ROBOTS ARE GOING TO WORK HARD. THE CARS ARE GOING TO DRIVE THEMSELVES.”
“ONCE YOU TRAIN THE AI ON A SHAKESPEAREAN SONNET, IT WILL SPIT BACK SONNETS JUST AS GOOD AS SHAKESPEARE IN HIS PRIME.
IF YOU STUDIED FOR 20 YEARS TO LEARN HOW TO COMPOSE, THAT'S BECOMING LESS VALUABLE — JUST LIKE WRITING A 100-PAGE LEGAL DOCUMENT.”
“HUMAN CAPITAL IS GETTING DEMONETIZED.”
@Vivek4real_ There's some truth to what he's saying of course, but conflating super long legal documents with poetry and music composition, is ridiculous. AI nor robots will ever have a human soul, therefore things like art and poetry created out of the human soul will always outshine🤖
BREAKING: Marco Rubio just said the quiet part out loud.
Americans work 40+ years…
Pay taxes.
Follow the rules.
Build the country.
Then retire on $800, $900, maybe $1,000 a month.
Meanwhile, new arrivals can allegedly receive more support from the same system they never paid into.
Read that again.
The people who built America are being pushed to the back of the line.
This is not compassion.
This is a government priority problem.
America First was never just a slogan.
It was a warning.
Who comes first?
The taxpayer… or the system?
Last year, the SPLC added TPUSA to their so-called "hate map," placing us alongside neo-Nazi organizations and the Ku Klux Klan. The day before Charlie was murdered, they published a newsletter attacking him and Turning Point USA.
Today, they doubled down and stood by that designation.
They have to, because it's their real mission. As we now know thanks to the Trump DOJ, the SPLC itself funds violent extremist groups to stoke fear among the public, so they can stick organizations like Turning Point USA on their "hate map" and tar us by association.
Turning Point USA has, from the beginning, stood for open conversations and respectful debate regardless of creed or color.
All along, the real hate group is the SPLC, which recklessly sows hate every day with its lies.
What's happening in LA is extremely abnormal. How did Spencer Pratt go from a 77% chance of advancing to now a 0.5% chance?
California is now blocking the Feds from checking into the election.
Prior to the election in May, Governor Newsom signed SB 73. This law, effective immediately before the June 2 primary, prohibits unauthorized access, disruption, modification, or seizure of voter rolls, voter lists, or certified voting technology by law enforcement (including federal agents) without a court order or specific state election law investigation.
GIVE THE PEOPLE TRANSPARENCY
THE LARGEST ETHEREUM HOLDER ON EARTH IS NEARLY $9 BILLION UNDERWATER. AND STILL BUYING.
🇺🇸 Tom Lee's BitMine holds over 5,400,000 ETH, bought at an average near $3,476.
With ETH below $1,800, that's roughly $8,900,000,000 in unrealized losses.
This week, as the stock hit its lowest since the strategy began, BitMine bought another 127,000 ETH.
Lee called the selloff "superficial."
This is the purest conviction-versus-capitulation test in the market right now.
Either he's buying the generational bottom.
Or it's the most expensive conviction trade in crypto history.
The chain will settle it.