Michel retweeted
SpaceX is effectively the best neocloud right now...
SpaceX insists on short term leases only, so as long as compute keeps getting scarcer and the compute shortage curve keeps sloping up and to the right, SpaceX can keep raising prices.
On top of that, SpaceX has the best infrastructure buildout capability in the industry and its own compute demand, so it can absorb excess demand at any time. That is why it commands a premium of 2x, and as much as 3x, over competitors like IREN. ($60 billion per GW)
To track Nvidia's revenue, SpaceX is now the company to watch most closely. Until SpaceX ASICs come out of Terafab in 2030, it will devour more Nvidia chips, and more ravenously, than anyone else in the world. Wouldn't SpaceX easily absorb the slowdown in Nvidia chip demand caused by Google and other hyperscalers developing their own ASICs?
In contrast with the other mainstream media channels, Bloomberg actually provides good signal for promising new tech.
Blockchain is coming.
Michel retweeted
In 2017 a wise man told me: “When you think it’s over, it’ll just be getting started.”
I think we’ll reflect upon 2026 as such a period for blockchains.
Michel retweeted
We announced an agreement to acquire a nationwide low-band spectrum license portfolio that will pave the way for @Starlink to become a major mobile carrier in the US.
With this new spectrum and our Gen2 constellation, Starlink Mobile can ensure Americans have access to high-speed mobile broadband no matter where they are → spacex.com/updates#starlink-…
Yes, @elonmusk and @Tesla are late in the autonomy and robotaxi roadmaps.
Yes, Tesla's financials and vehicle sales market shares have been lagging.
But what they've achieved with FSD and Cybercabs should be enough proof that they are capable of delivering the products and performance they promise, as sci-fi as they may seem.
Now look at the roadmap for Tesla and SpaceX future products and give yourself the freedom to believe they will be here soon (even if late).
NFA.
$UMAC chart 🤤🤌
🦅 $5 billion in American drone investment.
Momentum is building to scale the domestic drone industrial base and the critical supply chain behind it.
$UMAC #Drones #AmericanManufacturing #DefenseTech
Michel retweeted
The Internet Needs Crypto to Survive AI: youtube.com/watch?v=TKVY4hVA…
One of the most exciting, and underrated, developments in crypto atm revolves around this @Bankless conversation with @eastdakota of @Cloudflare.
~20% of all websites are routed through Cloudflare, and in this conversation Matthew tells us that the business model of the Web is under attack. To put it simply, agentic traffic is exploding, and agents don't click on ads, but ads underpin much of the "free" stuff we get online. The infrastructure is creaking under agent load.
Matthew's assertion is that microtransactions, at a scale not previously seen, will be needed to pay for access to content, as the advertising model of the Web falls apart with agents. Crypto people have talked about microtransactions forever, but it was for people, which never worked, whereas we're now contemplating it for agents.
He says Cloudflare handles ~500M requests per second, and that 1-10% of those requests may be suitable for this microtransaction model. A blockchain environment is the only payment network that could theoretically handle this scale, and it would need to hit 5-50M TPS.
5-50M TPS in prod dwarfs anything yet attempted in crypto, and is far beyond anything TradFi can handle. There are very few blockchain environments that could conceivably provide this throughput.
Just as important as the scale, is the model and trust assumptions. While Cloudflare may roll this out as a solution for its customers first, what's implicit here is the potential for an entirely new business model for the Web.
If Cloudflare walks this path, I hope that what they build has permissionless validation, allowing for anyone to audit the network.
Cloudflare has been a torch bearer for the open Internet, and so it only follows that if they're to pioneer a new business model for the Web, that the architecture be an open network. Doing so will engender the most trust, goodwill, and adoption in the long run.
Web 3.0 is dead, long live Web 3.0.
