Stratos (Parody)

@[email protected]

[Monica 🦋 @monicasarbu]

We’re excited to be at the @AWS Summit Hamburg 2026 on May 20th

If you’re building the next wave of AI applications and want to see how Postgres needs to evolve for agent scale, come talk to us.

At https://t.co/Q2eBzqBRvT, we’re building Postgres infrastructure for a world where AI agents need thousands of isolated, production like database environments, instantly, and without the cost of always on compute.

You can find us at the AWS Startup Zone, Hall 4.

[Tudor Golubenco @tudor_g]

We needed a storage layer that can scale to a huge number of volumes (think millions) for our Postgres platform.

Most of the existing storage systems are optimized for a few volumes with really high performance. But we needed the opposite: a very large number of mostly idle volumes.

So we wrote our own.

It’s called Xatastor and it enables Postgres-per-tenant use cases, “ephemeral” dbs for agents, free tiers, etc. Supports copy-on-write snapshots, clones, and thin provisioning.

It’s based on ZFS and NVMe-oF as key technologies. Link with all the details in the first reply.

[Stratos (Parody) @exakoustos]

Fast tracked to an index fund near you

[George Noble @gnoble79]

This is the most OUTRAGEOUS deal I've seen in my 45 years on Wall Street.

SpaceX just disclosed Musk's new compensation package:

He gets up to 200 million super-voting shares if SpaceX hits a $7.5 trillion valuation, establishes a permanent human settlement of at least ONE MILLION people on Mars, and deploys roughly 100 terawatts of space-based computing power.

Let me put the 100 terawatts in perspective:

The entire electricity generation capacity of the United States is around 1.2 terawatts. The comp plan asks Musk to build more than 80x America's entire power grid... in orbit.

This is a science fiction screenplay that somehow landed in front of the SEC.

But here's why it actually matters for your portfolio...

The S-1 reportedly claims a $28.5 trillion total addressable market, with over 90 percent attributed to AI. CapeFearAdvisors flagged this one cleanly: when Palantir went public, it disclosed a $119 billion TAM and the SEC reviewed and accepted it.

SpaceX is claiming a market roughly 240x BIGGER.

Now let's talk about what is actually being sold here:

Reported 2025 revenue is approximately $15.5 billion. Starlink delivers around $11 billion of that with healthy margins, and the launch business is genuinely dominant. The problem is xAI - the AI piece doing all the heavy lifting in the trillion-dollar valuation pitch.

xAI generated just $210 million of revenue in the first 3 quarters of 2025 while burning through $9.5 billion in cash.

Ben Brey and Rupert Mitchell - a former Fidelity portfolio manager and a former head of equity capital markets at Goldman and Citi between them - ran a serious discounted cash flow on the actual operating businesses and arrived at roughly $400 billion. Lawrence Fossi covered their work recently and the math holds up.

The IPO is being marketed at $1.75 TRILLION.

The gap between what these businesses support and what Musk is asking the public to pay is roughly $1.35 trillion of pure narrative.

Then layer on what we just learned last week...

The New York Times investigation revealed Musk personally borrowed $500 million from SpaceX between 2018 and 2020 at rates as low as 1%, while bank prime rates sat around 5%. The same SpaceX has been used to bail out SolarCity, prop up Tesla during cash crunches, and absorb xAI when the AI losses became unmanageable.

This is the same playbook he's run for two decades.

Use a privately controlled entity as a personal piggy bank, and when the bills come due, find new investors to absorb the losses.

The IPO is structured to keep that game going FOREVER.

The Texas reincorporation strips away Delaware's fiduciary protections. Controlled-company status on the Nasdaq eliminates independent board requirements. And retail is being offered up to 30% of the offering (3x the normal allocation) because the institutions who actually do the math are quietly stepping away.

Here is the part that finishes the case for me:

Roughly $40 billion of the IPO proceeds are already spoken for before a single dollar reaches operations. About $23 billion retires SpaceX debt. Another $17 billion retires the high-interest debt sitting on xAI and X.

This raise is not funding the future. It's just plugging existing holes that retail investors will now own.

In my 45 years I've never seen a deal where the comp hurdle is colonizing another planet.

I've never seen a disclosed TAM that exceeds verified comparables by two orders of magnitude.

I've never seen a company asking the public to fund the retirement of debt incurred by separate private entities controlled by the same individual.

Every red flag I've watched precede a major bust over four decades is sitting in this prospectus, in plain sight.

The Tesla mispricing is being repeated on a far larger scale.

And this time the bag is being handed directly to retail.

Don't be the one holding it.

[Monica 🦋 @monicasarbu]

We’re seeing this firsthand with AI platforms we partner with:

👉 every agent needs its own isolated Postgres DB
👉 at scale, that’s millions of databases
👉 many on free tiers → cost matters a lot

That combination breaks traditional storage.

Most systems are built for a few always-on volumes.
Agents need the opposite: millions of mostly idle ones.

So we built Xatastor.

It enables Postgres-per-tenant use cases, ephemeral DBs for agents, free tiers, and supports copy-on-write snapshots, clones, and thin provisioning.

[Xata 🦋 @xata]

Xata is now open source. Apache 2.0.

Postgres platform with Copy-on-write branching at the storage layer. Copy a TB-sized database in seconds. Inactive copies scale to zero automatically. 100% vanilla Postgres.

Two use cases driving this:

• Preview and testing environments with real production data
• Platforms provisioning per-user Postgres at scale

Built on CloudNativePG + OpenEBS. Runs on Kubernetes.

What's in the release:

• SQL gateway, responsible for routing, IP filtering, waking up scaled-to-zero clusters, serving the serverless driver over HTTP / websockets, etc.
• Branch operator managing all resources related to a branch.
• Clusters and projects services for the control-plane and REST APIs
• Auth service, based on Keycloack for API keys
• CLI that makes use of the REST API
• Scale-to-zero CNPG plugin for automatically hibernating branches on inactivity

This is the first of several announcements. More next week.

[shpee @shpeeven]

Elon Musk was found dead in his home Friday morning in a tragic scene. Musk, 52, was attempting to suck his own dick and choked on it in the attempt. May he rest in peace🕊️

[Stratos (Parody) @exakoustos]

@elchefe I've handled a gun exactly once in my life and my heart stopped beating 3 times during this video

[memenetes @memenetes]

Are you ready for a quick adventure?

[Stratos (Parody) @exakoustos]

@YouCaughtScott Theft? More like fair compensation for the labor, plus a tip.

[Killed by Google @killedbygoogle]

I am absolutely shocked. lmao

https://t.co/vofwTNeFVQ

[Stratos (Parody) @exakoustos]

@rchrdbyd @ashconnor There are no strangers here, only friends you haven't yet met :D

[Stratos (Parody) @exakoustos]

The AI existential panic illustrates two things:
1) Loads of people are working BS jobs
2) It's easier to envision the end of the world than the end of capitalism

[I Can Haz Agile? @agile_memes]

It’s on the company letterhead and everything…

[Stratos (Parody) @exakoustos]

The @amazon Freddie Mercury ad is horrible. Not only is it wokewashing one of the most despicable brands but because it implicitly acknowledges that feminine folks shouldn't be allowed to have facial hair unless they attain the right through consumption.

[Matt Stoller @matthewstoller]

Nine days ago, every single Republican Senator on the Banking Committee (except JD Vance) signed a letter pushing the Fed to further deregulate big banks…

[Stratos (Parody) @exakoustos]

Can't wait for the bull run Monday morning...

[Stratos (Parody) @exakoustos]

@ReinH Theil did that. The Fed still has its sights on workers as its mandate requires.

[Amerifat Treatlerite 🐷 @uspsveteran]

weird how it’s ok to bail some people out but not others