Over the last week I built a bottoms up SpaceX financial model through the end of 2028 The numbers that came out are insane There are wide error bars given how quickly things are changing but I wanted to distill something complicated into something that can at least be debated…↗

xAI will win People are sleeping on Elon... again. And especially on xAI. What appears as chaos is actually the whiplash of reprioritization after clearing a bottleneck. Such as the abrupt focus on Starlink after making Falcon 9 *reliably* reusable in 2018. The pattern of chaos…↗