Lorenzo

I don’t really care for the World Cup, but I do hope Trump does B-2 Bomber fly overs at every Iran game in the US.

$ONDS was $13.70 a week ago. Now it is sub $10. So what changed? The business? No. The thesis? No. The long term opportunity? No. What changed is mechanics. Selling pressure. Risk-off tape. Small cap liquidity. Stops. Margin. People protecting gains. People panicking. People reacting to other people reacting. That is not truth. That is price. Sometimes price is information. Sometimes price is just emotion clearing through a thin order book. The mistake is treating every red candle like the market suddenly discovered something you missed. Maybe it did. Often it did not. If the thesis is broken, sell. If the thesis is intact, understand the difference between business deterioration and market mechanics. That difference is where a lot of money gets made.

Straits of Hormuz are named after Ahura Mazda from Zoroastrianism

I have now entered $AMPG

ELON MUSK: The only way to reach 1,000 terawatts of AI power is a mass driver on the Moon. "In order to get to 1,000x from a terawatt per year. The only way that we can really achieve that is on the moon with a mass driver, essentially where you do local production of photovoltaics and radiators on the moon, maybe you bring the chips from Earth, or you could conceivably make the chips on the moon, and but you need most of the mass to be made on the moon, so you don't have to transport it to the moon from Earth, and then because the moon has no atmosphere and only 1/6 Earth's gravity, you can accelerate the AI satellites into deep space without a rocket, so you can basically shoot them into space using an electromagnetic gun, like a, like a rail gun type. I mean, just, it's basically a linear electric motor, as a way to think about it."

SpaceX has just officially unveiled its AI1 satellite, the first generation of its AI satellite. Overall Specs: • 150 kW peak compute payload • 120 kW average compute payload • 70 kW per ton • Compute provider interchangeable Dimensions: • Wingspan: 70 meters • Deployed height: 20 meters Thermal System: • 110 m² deployable liquid radiator • Redundant pumping loops • Integrated micrometeoroid shielding • Deployable liquid radiators Solar Power System: • 150 kW solar array • 250 W/m² • SpaceX-manufactured solar technology from Bastrop, Texas Architecture: • Centralized compute module • Large deployable solar arrays • Deployable liquid-radiator thermal management system • AI-focused compute satellite design ("AI1 satellite") Elon: "The AI satellite is much simpler than a Starlink satellite. The AI satellite is essentially a lot of solar cells, you still need some laser links, but you don't have all of the super complex antennas that you have on a Starlink satellite. The easier one to design for is the AI satellite. It's bigger. A lot of this is technology we've already made with the Starlink V3 satellites."

Elon Musk used a joke to perform an autopsy on the American economy. Two economists go for a hike. They find a pile of shit. One pays the other $100 to eat it. They keep walking. Find another pile. The second economist pays $100 back to eat that one. They stop. Neither man gained a dollar. Both ate shit for nothing. But on paper they just generated $200 in GDP. Musk: “That basically would count as a job. This is to illustrate the absurdity of economics.” That is not a punchline. That is the operating system of the federal government. Every time a politician celebrates “record job creation” this is what they are describing. Not output. Not value. Not progress. Motion. The entire bureaucratic machine exists to manufacture friction and then invoice for it. Compliance layers built to justify the next compliance layer. Oversight committees that produce nothing but the need for more oversight. Consulting firms hired to audit the work of other consulting firms. Trillions circulating through systems that have never produced a single thing you can hold in your hands. But the GDP number ticks up. So everyone applauds. The shit gets eaten. The scoreboard moves. Nobody asks what actually got built. This is why Washington treats AI like a five alarm fire. AI does not play the friction game. It does not form a committee. It does not schedule a review. It does not file 400 pages of paperwork no one will ever read. It just solves the problem. And that is the one thing the machine cannot survive. The government does not tax results. It taxes the process. The longer the process, the deeper the cut. AI compresses a ten day workflow into seconds. There is nothing left to bill. Nothing left to tax. Nothing left to skim. So they will spend the next decade warning you that AI threatens the economy. What they will never say is what it actually threatens. The illusion that activity equals progress. The $200 economy where both men ate shit and called it a job. The machines are not coming for your purpose. They are coming to prove that half the economy never had one.

El equipo chino está fallando estrepitosamente en la guerra de Irán. El sistema de defensa aérea HQ-9, suministrado recientemente por China, fue destruido por la Fuerza Aérea Israelí hoy. Esta guerra también será recordada por el fracaso del equipo militar "Made in China".