Why so big though? They have good use for massive launch capacity Start with Starlink. We think this opportunity scales into the hundreds of billions of dollars before returns begin to decay. Spend $1 billion building satellites and ground stations, launching the rocket, and

Frontier lab ARR crossed combined Windows + Office revenue in late June of this year (on our estimates). They are toppling the Titans.

Time Magazine, February 24th 1961 In the 5 years that followed the labor force grew by 6.4% and real wages grew by 9.9%. Some quotes: The number of jobs lost to more efficient machines is only part of the problem. What worries many job experts more is that automation may

On the remarkable return on capital potential for Starlink on Starship. Including customer acquisition cost, ground station capex, and an expendable top stage, we think SpaceX should be able to launch its 10th commercial starship rocket for ~$500m. The bandwidth it launches

It really is bizarre. Most of my friends don't have FSD (or a Tesla). And it is the single biggest lifestyle difference between us. They drive their cars. My car drives me. They don't get how much--even at its current capability-level--the product changes life-feel. FSD

Space compute distilled Manufacture a 3 ton satellite with 100kW compute for $4m At $300 per kg it costs $1m to launch At $12b per GW in terrestrial compute competition the satellite can pull in $1.2m per year 3 to 4 year payback with the additional year before orbital decay

Was talking to a sellside analyst at the cybercab event. He was all: “ Robotaxi, meh, but I really think the humanoid robot story is what’s promising here.” And I’m: “can you even math?!?” On a first order estimate I think Tesla will need to throw $100 to $200 billion into AI

When you’re about to become a parent everyone tells you that it goes so fast. And then you become a parent, and you blink… And you find someone who is about to become a parent, so you can try to convince them.