TLDR Tech / Fintech
SpaceX S-1 full analysis
This analysis breaks down SpaceX's revised S-1, focusing on major AI compute deals with Anthropic, Google, and Reflection AI, including implied GPU lease rates, power capacity, and revenue per gigawatt. The piece also examines SpaceX's IPO float dynamics, arguing that limited initial supply, index demand, and staged lockup expirations could create a near-term squeeze followed by later digestion as more shares unlock.
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