Barry White

I CAN'T BREATHE 🤣🤣🤣

@misupoalsupo @EvasTeslaSPlaid @Tesla Then you statistically would be one of 10% of taxi riders

@EvasTeslaSPlaid @Tesla a two door cab? what if there are 4 of us?

Tesla Cybercab in Paris! 🔥Cybercab will be essential worldwide! @Tesla

@Mericamemed So accurate it landed on a friendly

Germans: Why are these grenades so accurate? Americans on a Tuesday.

This is the coolest transition video ever 😎

@Thesecretinves2 Jack mallers entire keynote was about making and continuing everything being bitcoin. I’ve never been to a bitcoin event before but it still seems to me that important people in the space are still trying to do good work for the space

I was at the Bitcoin conference the last 2 days… and if I’m honest, it didn’t feel like a Bitcoin event at times. It felt like a crypto / TradFi crossover. That might sound subtle, but it’s a big difference to me There was a lot of talk about: • Public companies • Capital raising • Lending products • Institutional flows All interesting. All relevant. But… is that really Bitcoin? Because Bitcoin, at its core, isn’t about financial engineering. It’s about opting out. Bitcoin was born out of distrust in the existing system. A response to bailouts, debasement, and central control. Not to be repackaged back into the same system it was designed to replace. The message used to be simple: • Buy Bitcoin • Take custody • Hold long term No counterparty risk. No middlemen. No games. Not your keys.... Now it feels like we’re drifting toward: • “Exposure” instead of ownership • Custodians instead of self custody • Yield products instead of sovereignty And that shift matters. Because once you introduce leverage, lending, and layers of abstraction… You reintroduce the very risks Bitcoin was meant to remove. Maybe this is just the natural cycle. As Bitcoin grows, institutions arrive. And with them comes complexity, products, and profit motives. But somewhere along the way, it feels like the signal is getting lost in the noise. Bitcoin isn’t just another asset class. It’s a completely different system. I’m not anti innovation. And I’m not anti business. Of course im not. But I do think it’s worth asking: Are we building on Bitcoin… or rebuilding the old system around it? Because if we’re not careful, we end up with: A decentralised asset… wrapped in centralised risk. Maybe I’m wrong. Maybe this is just part of adoption. But it definitely felt like something had shifted. Curious to hear from others who were there… Did it feel like a Bitcoin conference to you?

@gnoble79 The reality is he’s got so much money robbing everyone blind doesn’t really seem to make much sense. I don’t wanna defend him but also this seems fucking stupid

This is the most OUTRAGEOUS deal I've seen in my 45 years on Wall Street. SpaceX just disclosed Musk's new compensation package: He gets up to 200 million super-voting shares if SpaceX hits a $7.5 trillion valuation, establishes a permanent human settlement of at least ONE MILLION people on Mars, and deploys roughly 100 terawatts of space-based computing power. Let me put the 100 terawatts in perspective: The entire electricity generation capacity of the United States is around 1.2 terawatts. The comp plan asks Musk to build more than 80x America's entire power grid... in orbit. This is a science fiction screenplay that somehow landed in front of the SEC. But here's why it actually matters for your portfolio... The S-1 reportedly claims a $28.5 trillion total addressable market, with over 90 percent attributed to AI. CapeFearAdvisors flagged this one cleanly: when Palantir went public, it disclosed a $119 billion TAM and the SEC reviewed and accepted it. SpaceX is claiming a market roughly 240x BIGGER. Now let's talk about what is actually being sold here: Reported 2025 revenue is approximately $15.5 billion. Starlink delivers around $11 billion of that with healthy margins, and the launch business is genuinely dominant. The problem is xAI - the AI piece doing all the heavy lifting in the trillion-dollar valuation pitch. xAI generated just $210 million of revenue in the first 3 quarters of 2025 while burning through $9.5 billion in cash. Ben Brey and Rupert Mitchell - a former Fidelity portfolio manager and a former head of equity capital markets at Goldman and Citi between them - ran a serious discounted cash flow on the actual operating businesses and arrived at roughly $400 billion. Lawrence Fossi covered their work recently and the math holds up. The IPO is being marketed at $1.75 TRILLION. The gap between what these businesses support and what Musk is asking the public to pay is roughly $1.35 trillion of pure narrative. Then layer on what we just learned last week... The New York Times investigation revealed Musk personally borrowed $500 million from SpaceX between 2018 and 2020 at rates as low as 1%, while bank prime rates sat around 5%. The same SpaceX has been used to bail out SolarCity, prop up Tesla during cash crunches, and absorb xAI when the AI losses became unmanageable. This is the same playbook he's run for two decades. Use a privately controlled entity as a personal piggy bank, and when the bills come due, find new investors to absorb the losses. The IPO is structured to keep that game going FOREVER. The Texas reincorporation strips away Delaware's fiduciary protections. Controlled-company status on the Nasdaq eliminates independent board requirements. And retail is being offered up to 30% of the offering (3x the normal allocation) because the institutions who actually do the math are quietly stepping away. Here is the part that finishes the case for me: Roughly $40 billion of the IPO proceeds are already spoken for before a single dollar reaches operations. About $23 billion retires SpaceX debt. Another $17 billion retires the high-interest debt sitting on xAI and X. This raise is not funding the future. It's just plugging existing holes that retail investors will now own. In my 45 years I've never seen a deal where the comp hurdle is colonizing another planet. I've never seen a disclosed TAM that exceeds verified comparables by two orders of magnitude. I've never seen a company asking the public to fund the retirement of debt incurred by separate private entities controlled by the same individual. Every red flag I've watched precede a major bust over four decades is sitting in this prospectus, in plain sight. The Tesla mispricing is being repeated on a far larger scale. And this time the bag is being handed directly to retail. Don't be the one holding it.

Hummingbird The Bitcoin Jungle Story (trailer)

@0xReflection Why steal a trillion dollars of worth when you could steal trillions of dollars of worth?

It happens if rumors about quantum computer are true

What an incredible human! Jordan Adams just ran the London marathon with a 25kg fridge strapped to his back to raise money for frontotemporal dementia. He ran alongside his brother. The fridge represents the invisible weight people carry that nobody else can see. Their mum Geraldine was diagnosed with FTD at just 47. She's one of 12 family members they've lost to the disease. Two years after losing her, both brothers found out they carry the MAPT gene mutation. A 99.9% chance they'll both be diagnosed with FTD themselves. They'll likely become symptomatic in their early 40s. Today they're in Ireland beginning 32 more marathons across all 32 counties together. They've already raised nearly £500,000.  They want to reach a million.

@JacobKinge There’s literally thousands of people here 🤣🤣🤣

The Bitcoin Conference in Las Vegas had capacity for over 2500+ people, but less than 100 people showed up. If this isn’t a clear indication that the bubble has popped, I don’t know what is.

@MonoNeon Gutted we never got to see any more of this line up 💜

Mane wish we had more time together… 💜 probably will never get over it 🥺but thank you 4ever Prince. • • Prince MonoNeon Donna Grantis Kirk Johnson Adrian Crutchfield Paisley Park After Dark 2015 “Stratus”

i love this photo so much

Last words on the Prince estate fiasco for a while. 🧵 👇🏾

@realroseceline The stock is only going down until Wall Street sees revenue from Robotaxi

Thoughts on $TSLA $TSLA is clearly no longer just a car company and this report makes that obvious. Musk is basically walking on water right now. The fact that he’s building autos, energy, AI, robotics, and a Robotaxi network all at once while still producing serious free cash flow is something you almost never see in business. And yeah, people are going to point to the PE and say it’s expensive, but that completely misses what’s actually going on here. Quite frankly, that argument is moronic and shows a lack of understanding of what’s being built. Most companies struggle to do one thing well. $TSLA is trying to solve manufacturing, energy, autonomy, AI infrastructure, robotics, and fleet economics all at once. And somehow it’s still generating billions in free cash flow. That’s not normal, it’s not even comparable. They’re scaling the core auto business, building energy, and at the same time pouring capital into AI and autonomy. This is an entirely different economic model. The bet is simple, give up near term margins to build something that looks more like software later. Revenue was $22b, up 16%. That came from more deliveries, services up 42%, better pricing, and more FSD revenue. But not all of it was perfect. Energy was down and regulatory credits fell, so the growth was still good, but mixed. Profitability improved, but let’s not pretend this looks like a software company yet. Operating income was about $900m with a 4.2% margin and $500m in net income. Margins are moving up, but they’re still low relative to what this business could become. The reason is obvious. They’re spending heavily on AI, R&D, and infrastructure, and SBC is still elevated. That’s their strategy, and they’re deliberately compressing margins today to build something much bigger over time. Cash flow is what matters most because they generated roughly $4b in operating cash flow and $1.4b in free cash flow. That’s very impressive, but they’re also spending $2.5b on capex and invested $2b into SpaceX. This is still a capital heavy business today, even if the long term goal is to become asset light. The balance sheet is what makes all of this possible. Around $45b in cash and a massive asset base. That gives them time, and time is everything when you’re trying to build something this ambitious. Every dollar $TSLA generates isn’t being returned, it’s being redeployed into AI compute, factories, and vertical integration. This isn’t a company optimizing earnings, it’s a company allocating capital into optionality. The question isn’t margins today, it’s what those dollars earn over the next decade. This quarter, operations were a bit more mixed. Deliveries were 358k, up 6%, while production was 408k, up 13%. Inventory moved up to 27 days. That’s not alarming, but it tells you demand isn’t running away from them anymore. They are no longer supply constrained. FSD is my favorite part of the report. Subscriptions hit 1.28m, up 51%. That’s a huge deal because it is an early signal of the shift from selling a car once to monetizing it over time. If that works, the entire model changes drastically. At 1.28m subscribers, even modest pricing starts to matter big time. At $100 a month, that’s roughly $1.5b a year. Scale that across tens of millions of vehicles and the numbers start to get enormous. This is how a car company slowly becomes a software company. Energy had a weak quarter with storage down 15%, but I wouldn’t overreact. This business is lumpy and new capacity is coming online. Longer term, it’s still a meaningful growth driver. Meanwhile, the infrastructure keeps getting stronger. The Supercharger network is growing close to 20% with over 8,400 stations and roughly 80,000 connectors. People don’t talk about this enough, but it’s a huge advantage. 1/2 👇

HOLY SHIT!!!! CHRISTINA KOCH CAUGHT EARTHSHINE ON VIDEO DURING ARTEMIS II AND ITS STUNNING!!!!! LOOK AT OUR PLANETA

The one and only @prince passed away on the 21st of April 2016. He will always be loved and will never be forgotten. He will live forever in the phenomenal music that he blessed the world with. #Prince

Out of all the images and videos I've seen from Artemis II, this is the most incredible. Not because it's the best quality, but because it feels distinctly human. The shakiness, the awkward focusing, the sound of other people in the background... A human explorer took this video, and this is exactly what he saw.

Hope you all learned your lesson

@digitalassetbuy @thebearablebull Hahah gullible devoted soldiers been believing this ‘repricing’ for a decade 🤣

The Repricing Of XRP

@Xil_llix @elonmusk @robotaxi It was definitively a target for 2030. I don’t doubt autonomy will move quickly once the leash is off though!

@Soulwalrus @elonmusk @robotaxi 20M was never a target, just a possibility. Also, it would be unwise to underestimate how fast autonomous cars will scale.

Some people blame @elonmusk for being late on Tesla @robotaxi when every other Legacy manufacturer fumbled on their transition to BEVs. There is apparently no accountability for legacy manufacturers. Ford targeted a run rate of 2,000,000 BEVs by EoY26. Their current annualized run rate is 27,440, missing the mark by over 98%.🤦🏼‍♂️ GM targeted a run rate above 1M by EoY25, current off by nearly 90%. Here were the documented projections (thread) form the most important legacy manufacturers: