To The Moon

[Miser]  ALERT: THE SPACE COMPANY IS NO LONGER A SPACE COMPANY 

SpaceX just dropped their Q3 earnings and basically yelled, "Rockets? Oh yeah, those things we use to carry our REAL moneymaker—AI SERVER RACKS!" 

Here is the quick breakdown of how SPCX just saved the entire AI bull market from an existential crisis:

1. "Forget Satellites, We're a Data Center Now" 

SpaceX's AI compute unit just pulled in $7.56 BILLION this quarter.  

That is an 830% jump year-over-year.  

It officially flipped Starlink to become their largest revenue driver.  

Elon looked at beaming internet to rural cabins and said, "Cool hobby, but have you tried renting GPUs to big tech?" 😂

2. Capex goes BRRRRR 

While Wall Street was biting its nails worrying that tech giants would stop buying AI hardware, SpaceX casually flexed $16.4 BILLION in AI infrastructure spending alone this quarter.

Semiconductor bulls (NVDA, AMD, AVGO): *wipes forehead in massive relief* 😮‍💨

The message to chipmakers: "Keep printer running. We need more silicon." 

3. The Power Grid Is Sweat-Testing ⚡

SpaceX announced they are currently burning through 1.7 Gigawatts of active compute power, targeting 2+ GW by end-of-year and up to 10 GW soon.  

To put that in perspective, 10 Gigawatts is roughly enough energy to power Doc Brown’s DeLorean 8 times in a row, or supply an entire medium-sized country.

Utility companies and liquid cooling vendors just popped champagne 🍾

The TL;DR:

Everyone thought AI compute demand was about to hit a wall. SpaceX showed up with $19B in total Q3 capex, doubled their revenue expectations, proved that AI is actually making hard cash, and single-handedly pulled the whole semi/AI market back up by its bootstraps. 

Moral of the story: Never doubt a rocket company and world richest man's ability to burn through absurd amounts of power to train neural networks in the desert. 

$CoreWeave, Inc.(CRWV)$  $NVIDIA(NVDA)$  $SpaceX(SPCX)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$