Netflix beat earnings and dropped. SpaceX beat and ripped. That tells you exactly where people see the future 👇 $SPCX ▫️ Revenue $14.58B vs $12.72B expected, +161% YoY ▫️ Net income $4.4B, first profit since the June IPO ▫️ Capex ~$19.6B in one quarter, all of it going into what comes next ▫️ Up to +8% after hours from a $148 close, IPO was $135 $NFLX ▫️ EPS $0.87 vs $0.82 expected, revenue $12.87B right in line ▫️ Growth +12% YoY, the slowest in about 3 years ▫️ 2026 ad revenue target cut to $2.7B from $3B ▫️ Q4 EPS guide $0.67 vs $0.73 expected ▫️ Down up to 6% after hours Netflix did nothing wrong on paper. It just has nothing new to show. Another season of another show doesn't move anyone anymore, and the market prices it like a tired media company. SpaceX burns $19.6B a quarter and people still buy it, because nobody is buying this quarter. They're buying rockets, Starlink, maybe Mars. Whatever happens next, that's the direction the world is going, and money wants to be there early. One beat gets sold. The other gets bought on conviction. $TSLA reports after the bell today and Musk already called a SpaceX merger a "good idea". Thursday's unlock of up to 1.31B SPCX shares is the real test.