NEWSMAX

Ryan Peterson says with yesterday's 20% SpaceX Pop, Elon made more money than Warren Buffett made in his entire career. These headlines are going to get crazy because I mean I see some of them getting community noted, but it's like a single day will move more than like all of Bill Gates, Kearns Net worth, that type of thing. Those headlines are going to pop off consistently. The crazy one is like it's, there's going to be down days. Like there's going to be just random. Elon lost more money today than any person in history. He lost more money than Brazil makes in a trillion years. You know, and because like whenever the big numbers get contextualized, it's always very entertaining. It was up another 14% after hours though. But the numbers are staggering. When you're in the $1 trillion club. JB says, Is this everyone's first IPO? It's silly. Now as it approaches Amazon valuation, well we passed that. But the float is low until the lockup of nearly every retail investor on earth wants to be involved. You're gonna get stupid moves. Then the float opens up and all the retail people are stuck for years. What does that mean? Just say you haven't seen the mass driver demo buddy or the next data center. I mean that's the really interesting thing with Cursor there's all this debate over like they have a deal with Anthropic, they have a deal with Google. Cursor obviously wants to compute, but talking to Gavin Baker, it sounds like there might be a lot more terrestrial compute coming online in the very short term and that is valuable. They're monetizing this very effectively. And so you could see a short term revenue ramp just driven from sort of the boring Neo cloud stuff that monetizes really well and then that provides, you know, it's like the Model 3. It's, it's, it's going to be the economic engine that provides the capital for data centers in space, mass driver on the moon. All that stuff needs fuel for the fire. Anyway, A.T. ludlow has some data. Space X. The current approximate price to sales is 150x. Amazon is 3.6. Microsoft 9.2. See people read this as a bearish SpaceX take, but imagine if Amazon started trading at SpaceX's price to sales. Yeah be probably like $100 trillion company anyway.

In the meantime, we can go back to the timeline, talk about specs. This is from Evan Spiegel. Yes. And the Germany reported Snap specs are official. $2,195 all in one AR glasses that Evan Spiegel has dubbed the next computer. $2,200. That's almost Apple Vision Pro numbers. That's expensive. Expensive. It's going to be a lift. I feel like it's a lot. It seems like a lot of money. It's got to be. Apple Vision Pro starts at $3,499. So a bit of a jump. But this is a product that seemingly is trying to compete in the realm of like a. It's a mobile device. It's naturally a mobile device. Unlike the Apple Vision Pro, which obviously some viral images on launch of people walking around with it. I'm just thinking about like, like there are a lot of Apple fanboys who buy every. Get this. What? Get this guy on right now. What? Pull him up. Hey, what do you think? Are you buying the snap specs? $2,200. Are you spending your paycheck on that? I mean, I think they actually do look really cool. I don't know. Like I was looking at some of the product demos earlier. Some like the game features look really cool. There's like ping pong. Yeah. 2.2.2k is like a little pricey personally, but if you can watch Lawrence Arabia, if we bought it, if we traded you your phone for a parody, would you. Would you demo them for a week? No phone. No phone. Would you commit? Can you do like texting on it? Can you call? You don't need it. You can go without texting for. You have Lawrence of Arabia. You don't need it. That's true. I can watch Lawrence Arabia like, you know. What's the battery life? Snap specs. Battery life. Specs. Battery life. I gotta, I gotta. So what happened? Wasn't there some conversation that specs might spin out up to four hours? That's Lord's Arabia right there with a little intermission. If I remember correctly, there was some like rumors that, that specs would be spun out. I remember at least one article that has not happened. I don't think so. And so the stock is down 7% today. I don't know. The trick is that you have Apple fanboys who. They have a lot of Apple fans, but some of them are wealthy. Some of them buy every product. They buy a new iPhone every year. They buy the top of the Line MacBook. They have the Mac Studio and the Mac Mini, just for fun. And that's a whole class of consumer for Apple. And so when they come in with something that's a little crazy, like a $10,000 gold Apple Watch, like, they'll sell a couple of them. When they come in with a $3,000 VR headset, like, a couple people will just be like, yeah, I'll give it a try. When you're talking about a new company entering hardware, Meta, I think did a better job coming in with, like, yeah, it's just a pair of sunglasses. You need a pair of sunglasses anywhere. Anyway, we put a camera in it. We put a camera in it. It's $100 for the version that you know and love. The Ray Ban Wayfarers that don have a camera in them. Ours are a couple hundred extra bucks. It's still something you could give as a. And I can afford to lose money on every single device effectively forever. Totally. Yeah. And so it's a lot easier to get into that, like, meta ecosystem. Just saying, yeah, throw a camera on my Ray Bans. I'll give it a try. Maybe I'll churn. But if it's collecting dust in the cabinet or in the sock drawer, you're a lot less like, ah, I really got burned. And like, the Apple fanboys that, you know, a lot of them took them back, but they're like, yeah, that was still, like, a cool experience. Mix up me because I got to watch. Well, once you're back in town. Well, what was that? Lord of the Rings extended cut. I think that's. Is that four hours? You can't watch the whole thing. Well, let's do this. Once you're back in town, let's pick up a pair. Tyler can live with them. We won't say a week. We'll say 48 hours. Exclusively exclusive. You're do everything take. I think you need the phone to. To. To do anything. I think a lot of the compute happens 48 hours. I. I think is actually, like, not very hard. That's just a digital detox. One weekend, you're down. I could do a week. I could do a week. That's like 10 showings in Lawrence. I'm not asking you to do a week. If you want to do a week, we can do it. Okay. He's doing. I'm here in. I'm here in four weeks. I'm here in a full month now. Four weeks. All right. It was great to see you, Tyler. We miss you. Great to see you. I'll see you.

Anyway, over in China, one of the most populous countries in the world, allegedly the final boss of ADHD has been spotted. The guy is simultaneously watching TikTok, chatting in a Messenger, and playing a game. This is what a foldable smartphone is for. There's pushback against smartphones now imagine what foldable smartphones will do. Is it going to be even worse? Who knows? This is an absolutely crazy setup to be rocking. And is this a single player game that he pauses or yeah, it kind of seems like he's larping. Yeah, this seems performative, right? This is a larp. This is a larp. I don't think this is real. I got in trouble for my game knowledge. I apparently used min maxing improperly, although there was some debate over whether or not min maxing has transformed into the definition that I used, whether I was using a more modern interpretation of that term. But anyway, you can go and dig into Citrini's post and make your own justification on where you sit on token maxing. Token minning, Token min maxing. The clear point is that you got to focus on ROI like any other business process. Andrew Gao Sharing some data.