SpaceX's sky-high stock is its own M&A currency; an all-stock acquisition spree compounds the conglomerate's value.
A tautological value argument. Of course, what he's what he's actually getting at is that while the stock price is so high, that serves as a currency for acquisition. And when you're a public company, you can acquire companies very easily with your public stock. And so, there's a very interesting window. Ben Thompson wrote about it on the back of the Cursor acquisition closing or being announced that the option has been exercised.
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SpaceX's valuation rests on sentiment and the next buyer, not fundamentals; the premium deflates as flows slow.
as someone who's fairly bullish on Anthropic and OpenAI to some degree, like SpaceX just feels like total lunacy given the sort of insane TAM story that you have to believe.
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AWS AI adoption goes PoC-to-production via Bedrock and AgentCore, compounding capex into AWS revenue and AMZN earnings.
That is a lot of growth.
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Apple's 2025-2027 iPhone roadmap is its strongest ever; foldable, Air 2, 20th anniversary redesign drive a huge cycle
what they're doing to the iPhone over the last year past and the next few years, what they've got, like this 3- to 4-year period of the iPhone, incredibly impressive. They're knocking it out of the park.
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