This clearly shows the US workforce has been underemployed for a while now.
My guess: A lot of people doing Uber/gig work, taking courses on the side, or who were laid off earlier are finally landing much better jobs. Next report will tell us more.
BREAKING: The US economy adds 172,000 jobs in May, crushing expectations of 85,000.
The unemployment rate was 4.3%, in-line with expectations of 4.3%.
April's jobs number was also revised UP by +64,000 jobs.
This marks the second strongest US jobs report in 13 months.
@canraptor_ Doesn't this increase payload capacity for starship?
This is probably one of the improvements they make to eventually reach 200t payload capacity to LEO
Elon confirming what I have been saying.
SpaceX space Data centers will be Chip Agnostic.
Which means all hyperscalers and cloud providers will be involved
$SPCX $MSFT $AMZN $GOOG
Nothing about this is accidental.
It is classic Elon, Identify the limiting factor and go all in on it.
Either he surpasses everyone elses capabilities or utilises these assets because of insane demand.
This also sets anchor customers for Space Data centers.
🤑
you're telling me anthropic & google are paying spacex ~$26b a year for compute?!!
this is more than half the run rate of openai & anthropic just from compute deals & that doesn't even factor in the rocket launches at all.
elon accidentally ended up owning a significant portion of three of the scarcest assets in ai.. power, chips, & physical deployment capability. the best lesson here is that if you’re selling picks & shovels during a gold rush, you don’t necessarily need to find the gold. you just need everyone else to keep digging. & also non software elon is pretty much unstoppable, like prime michael jordan type thing.
SpaceX has just announced that they have entered into a $920 million per month agreement with Google to provide compute capacity, according to a new filing.
"On June 5, 2026, we entered into a Cloud Service Agreement with Google with respect to access to compute capacity. The customer has agreed to pay us $920 million per month from October 2026 through June 2029, with capacity ramping up through September at a reduced fee. The compute capacity provided includes approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components.
After December 31, 2026, the agreement may be terminated by either party upon 90 days' notice. The customer will retain ownership of, and intellectual property rights in, its content, Al models, and related data."
@FarzadMediaINC @TeslaLarry@DutchRojas hey @elonmusk@VivekGRamaswamy here is a good video about fixing medical system without new legislature, while also reducing the cost dramatically please watch