Amy

TESLA AFTER A SPACEX IPO Many analysts assume a static pie — i.e. a scarcity mindset. They think a SpaceX IPO hurts Tesla longterm by splitting Elon’s (and investors’) attention. They somehow forgot that Elon Musk built both Tesla & SpaceX simultaneously to trillion-plus valuations. Tesla has always been volatile, a SpaceX IPO is just this week’s excuse. Traders make money from volatility. These analysts are ALREADY WRONG. Within 3 months of AJ’s doomsday 2/25 analysis, Tesla & SpaceX are deepening a mutually beneficial partnership. This isn’t a zero-sum game. Instead of each company remaining on a trajectory to be an $8 Trillion company, Elon Musk leveled up to a new 100 Trillion market cap goal. Instead of competition between Musk companies and divided loyalty, Elon Musk has tasked Tesla/SpaceX/xAI with one audacious mission: remove the constraint of Earth and its limited resources by kick-starting a true Space Economy flywheel. Digital Optimus, the Terafab and AI Space Compute are just the start. A SpaceX IPO primes the flywheel with initial operating cash. This is the biggest undertaking in human history — an investment opportunity that could exceed today’s Earth economy by 10x, 100x, or even 100,000x. What’s the actual limit once humanity goes galactic? The “Elon Musk community” doesn’t split — it gets stronger as the mission converges. 🧵 Next, don’t ignore the early signals & kick yourself later

@SidSuri @TeslaBoomerMama @TeslaLarry @CernBasher @Investanswers Awesome

@TeslaBoomerMama @TeslaLarry @Amy787 @CernBasher @Investanswers Check out the freudian slip at 21:00 x.com/jpmorgan/statu…

Seeing people with a lot of questions about a merger. Please ask the specialists in our wonderful retail community: - on fundamentals: @TeslaLarry , @Amy787 , @CernBasher, ... - on option trading: @Investanswers , ... - on governance and financial engineering: come to me.

@sa_futurist @John14049 @TeslaPrice It is indicative of how Schwab would vote on a merger. They seemingly care little for doing what’s right. The other companies all took the assignment of a retail allocation seriously Schwab did not. I will still buy SpaceX - IPO shares or not.

@Amy787 @John14049 @TeslaPrice I am incentivized to move it out more and more.

Confirmed I’m ineligible with Schwab for COTP for SPCX IPO allocation. I only have $50k with them after moving holdings over how they handled the Elon vote debacle. Sounds like their minimum is $100k of holdings unless something changes. Here is the link if you’re eligible: client.schwab.com/app/trade/ipo/

Important Elon statements in this… - clear 100k sats statement - means 100x bandwidth minimum. - “ai sats easier than connectivity sats”- this is due to the architecture not requiring power hungry and sensitive antenna payloads. Chips want more power, but relatively straightforward thermodynamic architectures. - “has gotten more chill from experience” - “reason for ipo, entering a rapid growth phase that requires capital… and revenues are far more predictable than they’ve been in the past”

@ThePennhouse @TeslaPrice I hope you get shares!!

@Amy787 @TeslaPrice COTP accepted in my Schwab account.

MYTH BUSTING: SPACEXAI IPO EDITION Does Jim Cramer EVER learn from his past mistakes? Current evidence say maybe not. He - and a lot of keyboard analysts - throw around false narratives: MYTH ONE: All potential upside is priced in. REALITY: The real metric is what SpaceXAI current and future businesses are included in Wall Street models? What aren’t? And do you believe Elon Musk can execute on these plans that aren’t? The biggest alpha for retail is the valuation gap - Wall Street models are still very conservative. As an investor in Elon Musk since Tesla’s 2010 IPO, the market repeatedly underprices the execution on seemingly impossible plans until the revenue shows up. If Elon Musk and his talented team execute on his plans (see next post) - then there is potential upside measured in the trillions - even a hundred trillion - in market cap. MYTH TWO: Investors have had no chance to realize paper profits. REALITY: SpaceX offered regular liquidity events through tender offers and secondary sales. MYTH THREE: A company that has grown 35x in value can’t grow more…. REALITY: There are zero laws of physics that support an arbitrary valuation cap- see Nvidia - or Alphabet (also doing a share issuance but for 80 Billion, not 75 Billion) - or Walmart that has returned over 1,000,000% since IPO. Tesla has returned a staggering 41.98% PER YEAR since its IPO. You read that right.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Wall Street and keyboard analysts also said iTSLA would not do well. Cramer as a contra-indicator was coined by Elon Musk Cramer scoffed at the Tesla IPO. He was wrong. Cramer just came out as Bearish on SpaceXAI too…. So this is a good sign. Cramer hasn’t learned: Don’t bet against Elon Musk. 🧵 Next: SPACEX UPSIDE

@doganuraldesign You should be very proud. Every SpaceX employee should be. Momentous.

Watch this and tell me you’re uninspired. We’re witnessing the first steps of the company that will define not the century, but the millennium. I somehow managed to contribute to this, and I’m incredibly proud of it. Go SpaceX 🖤

@John14049 @TeslaPrice I am not moving money to Schwab but out of it, because two weeks ago they said I didn’t have to move money around given my large balances on my other Schwab accounts. So now I am transferring money it will be to the other brokerages.

@Amy787 @TeslaPrice Did they allocate any shares to you? What percent?

@G14821285 @TeslaPrice But all the other retail brokerage firms have no limits or just $2000. The difference is enormous. Schwab is standing out on a horrible manner and angering their loyal customers. Who is in charge? Did they wake up and decide let’s see how many customers we can lose today?

@Amy787 @TeslaPrice I’m disqualified as well for it being a business account.

@sa_futurist Agreed

I hear some people say Space X IPO pricing is too high of a valuation with current products and services only. That’s how a Wall st financial modeler thinks. You don’t evaluate a growth company w p/e and ebidta because it’s investing in the vision and mgmt to create value beyond what’s here today. The TAM in space business is unknown. To say right now it’s too high is pure math. And guess what? That’s what they said about Tesla and even Apple when it hit 1T. People overlook and fail to analyze on the mgmt team and future roadmap. So little analysis on the qualitative aspect of the business is done.

@Jasoncheung @TeslaPrice Probably and lose existing ones.

@Amy787 @TeslaPrice I guess they might be trying to lure new customers using the $SPCX as a leverage.

@eth_e_real @teslaownersSV I am finding out…

@Amy787 @teslaownersSV I was a TD Ameritrade customer. After Charles Schwab acquired them, they effectively pushed out retail investors in 2023, requiring everyone to move their accounts elsewhere. So I know from experience that they’re not great.

SCHWAB IS THE WORST POSSIBLE BROKERAGE See what stands out in the chart below? Schwab is NOT honoring the Spirit of the SpaceX IPO and its 30% retail allocation. While others companies have no minimum balance (E*trade & Robinhood) or $2000 (Fidelity) - Schwab has 50,000x that - a minimum $100,000 in an individual trading account with them. Money in other banks - even other types of Schwab accounts? Schwab ignores it! Schwab is trying to block out retail when the ENTIRE REASON they got a SpaceX IPO allocation at all was FOR RETAIL INVESTORS. E*TRADE is giving priority to long term Tesla investors. Schwab is not. I have continuously held Tesla in a Schwab account since 2010. But that doesn’t matter to Schwab, because Schwab doesn’t care what SpaceX wants, Schwab is giving access to the SpaceX given to just a select few of their wealthiest clients… Schwab you need to do a search of how many Tesla investors you are shutting out from the SpaceX IPO. It will be a costly decision. Tesla investors are organized. Investors in Elon Musk: Consider this when you decide which brokerage to use. Schwab is the worst possible choice. I will be moving my money in the very near future. @spacex @elonmusk

@mitchdeg SpaceX meant for their to be international investors too.

@Amy787 Agreed! And Schwab prevents France-based investors to subscribe to the IPO 😤

@ShankhadeepSho1 @CharlesSchwab @Chase No the table is a reality. You are the troll.

@Amy787 @CharlesSchwab @Chase sorry but this is insane hyperbole

@JohnG8562162150 @rmw_mi See again the chart above. Of course the funds need to be there in cash. Every brokerage has that policy.

@Amy787 @rmw_mi Isn’t everyone at Schwab retail regardless of account size? Just playing devils advocate here. I could see them prioritizing accounts they know will have funds fully available the morning the IPO goes live….

@tonypisculli @rmw_mi Employer retirement accounts and anything they consider “not liquid”.

@Amy787 @rmw_mi Which accounts are they excluding? I haven't heard this.

@TeslaPrice @rmw_mi Yes

@Amy787 @rmw_mi Oh wow, are they excluding certain types of accounts from the minimum balance like retirement, DAF, HSA, trusts etc?

@zeliu_ @Guodzh @imhaotian His posts.

Oh the irony. “Culture focused on solving hard problems.” But instead of solving hard problems some of the team take to X putting words in a departed team member’s mouth he never said (Every single post HE made mentions working WITH and as PART OF a team), and making up false allegations to “debunk” them. xAI seems to have a serious culture problem. This series of posts is NOT NORMAL. You don’t see any other professionals making petty posts like the ones from this team. Can you imagine airline pilots making a series of post like this about a retired captain? It doesn’t happen. He doesn’t even work there now. And I think most can understand why he would leave after reading these self-own posts. Who would want to work with people so focused on claiming and distributing credit rather than getting the work done? No wonder why Elon Musk said xAI got off to a wrong start and needed to be redirected, if he was seeing issues like this. Does your HR not restrict these posts? They should, SpaceXAI is about to IPO. It is a very bad look.

Huge respect to @Guodzh and @imhaotian and everyone on the team for building a culture focused on solving hard problems, shipping better models, and improving usability and user experience. Ideas are cheap, talking is easy, and titles/narratives are easy after the fact. Being solid and making things actually work is the hard part.

@DRVRLES @MatthewDR You did your part.

@Amy787 @MatthewDR Thanks! I don’t have much trust with them honestly trying to getting me any shares.