$SPCX Starfall is pure madness. A disc-shaped capsule (3.1 meters in diameter) that re-enters the atmosphere and returns up to 1 ton of cargo from orbit. Weeks of microgravity to manufacture medicines and crystals impossible to create on Earth, followed by a parachute-assisted splashdown. Developed in secret, already completed two flights—now open for commercial use.
Strong rally in $TSLA pushing above $400 on rumors of a merger with SpaceX and Barclays' upward price target revision to $450 yesterday.
The Fed and the ECB are likely to hold this week, but that doesn’t change the fundamental issue. As long as Brent crude trades around $110–115, that remains the real driver of inflation. A pause now and a hike in December is the scenario markets have already priced in. What matters on Wednesday isn’t the rate—it’s what Warsh says about December!
Verizon said it would take 4 to 6 years and $300–500 billion to build a competing network. Elon says, “Will take 2 or 3 years.” At the beginning of the year, EasyJet didn’t want to hear about Starlink. Now it’s equipping its A320s with it.
$SPCX No unlock before December. We’re watching for Starship Flight 15, scheduled before Thanksgiving. https://t.co/6q6eDGYnng
$SPCX Next Monday: +328 million shares December 8: End of the main employee lock-up (~800M) Elon holds approximately 6.4 billion shares, locked until mid-June 2027. He has also announced he will give one SpaceX share to every American child next year. This represents approximately $10–11 billion at current prices, but only a small fraction of his total stake.