SpaceX is asking public markets for a $1.75 trillion valuation on a $626 billion industry.
Here is the thing, they're not pricing what space is. They're pricing what space becomes at $25/kg.
Bitcoin has + $1.26T in capital sitting laregly idle onchain. Solid move by @Stacks bringing smart contracts directly to Bitcoin with full Bitcoin finality, no bridging required 👌
Ask any investor what powers an AI data center and they'll say GPUs. Ask them what moves the data between those GPUs and you'll get silence. That blind spot is called photonics, it is in a supply crisis right now, and the stocks are moving without them.
🧵I mapped the industry:
🇨🇳 China stopped buying gold at $2,300 because it got too expensive. Now they are buying 10 tonnes a month at $4,300.
When a central bank capitulates on price, what do they know that we don't?
💥 JUST IN: Two attorneys general are now investigating FIFA over ticket prices, one day before kickoff. The most powerful sports body on earth priced out its own fans so hard it triggered subpoenas in the host country.