Haider

BofA cut its AST SpaceMobile target to $45 from $80, citing slow launch cadence and the risk of AST building its own rocket. AST says it needs 45 to 60 satellites for continuous service, and its next three are waiting on a SpaceX launch date. 🤣 Starlink's main phone rival is stuck in line for a SpaceX rocket. That's an edge I like. Even competitors need a lift on the only ride out to space.

SpaceX signed a deal with Singulus Technologies for a turnkey solar cell line to power its Starmind AI satellites in Bastrop, Texas. The first line is over €60 million and arrives in the first half of 2027, with production planned to scale past 100 GW of equipment, per Singulus. Space compute only works with cheap power, and SpaceX is choosing to build its own solar supply. $SPCX

Hopefully $NVDA clears this cloud over their heads quickly and gets back to printing money. Too much noise right now. Statement From the Independent Members of the NVIDIA Board nvidianews.nvidia.com/news/s…

Starlink just opened invite-only US preorders for Mini 2, its next portable dish, with a quick-swap battery good for up to 4.5 hours, USB-C power and built-in Wi-Fi. A dish you can throw in a backpack turns @Starlink into an everyday travel gadget, not just a home or RV setup. $SPCX

This is why $AAPL is such a good investment. Because who wanted to lose a meaningless photo from 10 years ago that they’ll never see but still must have.

The @SpaceX V3 booster is an absolute beast and photos or videos do not do it justice! Not only will this beast fly, it will be caught! Humans are doing incredible things as we march forward with our push into exploring our solar system and beyond. Very excited for what’s ahead! #space

Low Earth Orbit is going to get crowded and is going to need a company or an agency that monitors, directs and communicates all traffic and orbital flight activities. Kind of like the FAA but for Space. I think that’s what @SpaceX Stargaze will be. @grok tell us more.

British Telecom, the UK’s largest phone and broadband company, says its @Starlink broadband is ready to go, but it's holding the launch until the noise over Musk and Ukraine dies down, CEO Allison Kirkby told the FT. She still expects it in the coming months. Starlink brought in $5.2B in Q3 without BT.

Let’s take a look at how many @Starlink satellites we have in operation: 11,190 working Starlink satellites, per @planet4589 count as of Nov 9. That's out of 13,096 launched and 11,204 still in orbit. Only 26 are the big V3s from Starship's first orbital flight, still climbing to their final orbits. Flight 15 is set to add 26 more, and V3 is where I think Starlink capacity really takes off. It’s hard to compete with $SPCX but kudos to those trying!

Rocket Lab just raised Neutron's base launch price to $70M from $55M, and its first 16 missions are booked before the rocket has flown. Peter Beck on the Q3 call: "Launch is extremely constrained." When a rival with no flights yet can raise prices 27%, I read that as pricing power for @SpaceX, which is already flying.

Cyberbeast is now the only Cybertruck you can order, and Tesla raised it $7,500 to $109,990, per Drive Tesla Canada. Elon says orders far exceed what Tesla can build before the line shuts in about 8 months to make room for Cybercab. Crazy that every car @Tesla stops producing, becomes more valuable and in demand.

October inflation came in hot. Consumer prices rose 0.4% against 0.3% expected, and core rose 0.3% against 0.2%, per BLS. Markets are now fully pricing a December Fed hike. Higher rates hit long-duration growth names first, which is why the Nasdaq is leading the drop. For $SPCX and $TSLA this is a valuation squeeze, not a change in what they're building.

Any good deals for Black Friday? Need to start looking into promos.

Due to the spot price strategy being deployed by SpaceX, Elon says revenue could drop if compute becomes plentiful and cheap. He was answering Chamath's idea that @SpaceX could use the 90 day exit in its Anthropic deal to reprice compute at 2x to 3x. So to me that’s a double-edged sword. I think compute will be much harder to build and find in the years ahead not just because of regulatory hurdles but simply due to energy constraints. I also think SpaceX will lead in energy generation needed for compute. $SPCX

At least there are a few out there thinking logically about $NVDA and what’s going on.

One Starship launch from Florida could carry up to 20x the Starlink bandwidth of a Falcon 9. That's SpaceX VP of Launch Kiko Dontchev, per Ars Technica, who also called SpaceX an infrastructure company now and explained why Falcon 9 is on the road to retirement. Bandwidth per launch is the number that matters most for $SPCX, more than tons to orbit.

Not that I agree with it, but important to discuss. Jefferies cut its @Tesla target to $375 from $400 this morning and kept a hold. Per Reuters, the firm says the case for merging Tesla and @SpaceX is unchanged, but the deal is probably harder to pull off now. I wonder why they’d think that? I still think the logic is there, the hard part is the path. And I still think it happens. If a merger does happen, what terms would you want to see as a $TSLA holder?

I said it once, and I’ll say it again: as a company pursues one thing, many other doors open, generating new, unforeseen revenue streams. The power of SpaceX is that, as it expands, it will unlock new business segments, sometimes even accidentally. Starlink software being well-suited to train SI is one such example. $SPCX will enter new industries entirely in the newest future, ones we can’t even imagine right now. For example: @grok list a bunch of things NASA accidentally discovered.

Anthropic set its IPO range at $70 to $78 a share this morning, raising up to about $64 billion at a value of up to about $1 trillion, per Reuters. It plans to list on Nasdaq as ANT, likely next week. That's below the $1.5 trillion talk from earlier, but still a huge test of AI demand. SpaceX has a compute deal with @AnthropicAI, so if you’re invested in $SPCX this is a good one to watch next week.

Starship 15 is set to launch at 5:45 PM EST, according to SpaceX.com, so just after work for us East Coasters 🙌🏼. Starship aims to orbit Earth 14 times and make a landing attempt 22 hours later, at approximately 3:45 PM EST on Saturday.