Want to know what SpaceX actually believes? Skip the speeches. Check the capex. Last quarter the company spent $19.59 billion on capital projects. $16.44 billion of it, 84 cents per dollar, went to AI data centers. Power, cooling, compute, software buys. Q4 guidance: another $35 to $40 billion of the same. The moon city would need closed-loop life support, habitat construction, radiation shielding, resource extraction on the lunar surface, agriculture in a dome. Whole fields of engineering that barely exist today. None of that is getting built. No program, no budget line, nothing. Musk can promise anything on an earnings call. Money only goes where belief is. And every capital dollar at SpaceX says the future is a server rack in Texas. The fanboys can keep quoting the moon speech but the checkbook shows otherwise.