SpaceX’s reported valuation of up to $2 trillion implies a price-to-sales (P/S) ratio of roughly 95× to 103× its trailing revenue of ~ $18.7 billion. By contrast, Tesla’s P/S ratio during its 2010 IPO was approximately 16×. SpaceX is overvalued by a factor of 6× on a P/S basis compared to Tesla’s debut. WTF $SPCX #spacex
@AnthropicAI@claudeai Single shot prompt to build a world class QR Code scanner for the company. 9 hour build time, $510 in tokens (covered under my max plan). Incredible build quality and unit testing. So awesome!!
Hot take: Bitcoin mining (and $BTC value) is toast—it's about to crash hard because its economic value is basically zero compared to AI data centers.
Here's why: BTC mining guzzles ~160 TWh/year globally, securing a speculative asset worth trillions but producing zilch in real-world utility beyond "digital gold." Meanwhile, AI data centers are exploding to 100-240 TWh by 2026 for model training/inference, powering innovations that could add TRILLIONS to GDP.
Logic: Energy is finite. AI ops yield 3x revenue per MW and 80-90% margins vs. mining's razor-thin profits. Miners are already pivoting—mining revenue drops to <20% by late 2026 for those snagging AI deals. Power grids will prioritize AI's massive ROI over crypto's energy sinkhole. Sell your rigs now! #BitcoinCrash #EnergyWars #Bitcoin $bitcoin $btcusd
This is probably the best look at the shockwaves I’ve seen from the latest Starship flight.
Captured from a GoPro I clamped onto a proper camera to record simultaneous video. (I’ll show you the photo the better camera took in the reply)