AverageInvestor retweeted
The global response to Musk and Trump's pressure on Ukraine, accompanied by a temporary shutdown of Starshield, was swift.
Here's where things stand now:
🇨🇦 CANADA
The Canadian government has signed a CAD 2.3 billion contract with national satellite operator Telesat to expand its Lightspeed low-Earth-orbit satellite constellation.
Lightspeed was originally developed as a commercial competitor to Starlink and OneWeb. However, the government is now funding the integration of a dedicated, secure military communications system operating in the Ka-band and has already placed an order for additional satellites with Canadian aerospace company MDA Space.
🇫🇮 FINLAND
Finnish company ICEYE, a developer of synthetic aperture radar (SAR) satellites, and Nokia have announced a strategic partnership to develop sovereign LEO broadband communications systems for interested European governments.
The project aims to provide European countries with a ready-made platform allowing each government to fully own and control its own satellite communications infrastructure, including encryption, without dependence on foreign providers.
This concept is known as "Sovereign SatCom."
🇪🇺 EUROPEAN UNION
The European Commission has moved toward awarding manufacturing contracts and increasing funding for its sovereign satellite communications network, IRIS².
Airbus Defence and Space has already signed contracts in Toulouse to manufacture the first 66 LEO satellites. Thales Alenia Space has been tasked with developing specialized secure payloads for government applications.
The program has been expanded to 348 satellites, with an additional €4 billion in funding.
🇰🇷 SOUTH KOREA
South Korea has successfully conducted its first orbital launch of the year using its domestically developed Nuri (KSLV-II) rocket from the Naro Space Center.
The rocket simultaneously deployed 14 payloads, including additional satellites for the national NEONSAT constellation and several military CubeSats.
🇯🇵 JAPAN
Japan has allocated approximately $1 billion in subsidies to develop a nationally controlled direct-to-device satellite network.
The system is designed to allow ordinary smartphones to communicate directly with satellites during major earthquakes or military conflicts.
The project involves cooperation between Rakuten and AST SpaceMobile.
🇺🇦 UKRAINE
The UASAT project, an initiative by STETMAN and a consortium of partners, has successfully completed registration with the International Telecommunication Union (ITU).
Preparations are now underway for the UASAT-NANO test satellite, which will mark the first step toward creating Ukraine's own sovereign satellite constellation.
🇨🇿 CZECH REPUBLIC
At the same time, agreements with the Czech Republic are being finalized for the joint development of a constellation of optical reconnaissance satellites called Suziria ("Constellation").
Ukraine is also expected to gain access to backup capacity within Europe's GOVSATCOM system.
🇩🇪 GERMANY
German company Isar Aerospace successfully launched its Spectrum rocket into orbit carrying satellites on September 5.
THE BIG PICTURE
The brilliant strategists Elon and Donnie wanted to show us who controls the red button for satellite internet.
Well, they succeeded.
And in a strange way, perhaps we should thank them.
Because they have reminded the entire world of one simple truth:
Whoever controls your communications can control your future.
And now countries around the world are working to make sure that no single billionaire — or American president — can ever hold that power over them again.
AverageInvestor retweeted
Musk’s interview went great: Reporter: What is your thought on the ban of foreign students, you were one of those kids, right? Musk: “I think we want to stick to talking about spaceships.” Reporter: I was told that any topic is good. Musk: “Well no.”
AverageInvestor retweeted
This Australian's reply to Trump's rant about “NATO not being there for America” is perfect.
"Mate. You run a country with 600,000 homeless people sleeping on the street tonight. A country where 40% of adults can't cover a $400 emergency without borrowing money. A country where insulin costs more than a car payment and people are rationing it to survive. A country where medical debt is the number 1 cause of bankruptcy. A country where women are dying in hospital car parks because doctors are too scared of abortion laws to treat a miscarriage.
You lock up more of your own citizens than any nation on earth. More than China. More than Russia. More than North Korea. The land of the free has 2 million people in cages, and a quarter of them haven't even been convicted of anything. They're just too poor to make bail.
Your life expectancy is going backwards. You're the only developed nation where that's happening. Your infant mortality rate is worse than Cuba's. Your kids do active shooter drills between maths and English while you sell the gunmaker's stock to your mates.
Your minimum wage hasn't moved in 15 years. You've got teachers working 2 jobs and veterans sleeping under bridges and you just spent a trillion dollars flattening a country that didn't attack you.
And you’ve got a convicted felon, adjudicating raping, paedophile protecting, porn star shagging insurrectionist running the biggest dumpster fire war campaign since the Taliban in Afghanistan thanked you very much for losing again.
And you're calling Greenland poorly run?
Greenland has universal healthcare. Free education. One of the lowest incarceration rates in the world. Nobody goes bankrupt there because they got sick. Nobody dies in a waiting room because their insurance said no.
'NATO wasn't there when we needed them." When exactly was that, champ? September 11? Because NATO invoked Article 5 for the first and only time in history FOR YOU. Soldiers from dozens of countries deployed, fought, bled, and died in Afghanistan FOR YOU. Australia wasn't even in NATO and we still showed up. For 20 years.
And you pulled out at 2am without telling anyone and left them to deal with the mess.
So maybe before you start calling other countries poorly run, have a look at your own backyard, you spray-tanned aluminium siding salesman. The only thing poorly run in this picture is your f----- mouth."
Credit to: Jim Keller
$NBIS is way oversold here. MFI has hit a rock bottom on the daily. So the hedgies sold and retail bought.
If that just took it to 150, imagine where it will be when the hedgies return! 😳
Crypto action is awfully muted.
But underneath all that calm is a storm brewing inside USDT.D and BTCUSD. 4h charts show bearish divergence on USDT.D and bullish divergence on the latter. Decision day is 28/29th Oct. Plus FOMC is upon us.
Next move 📈
NFA
AverageInvestor retweeted
In case you're confused about what's going on with Elon Musk tanking the neoclouds, here's the timeline of everything that's happened
> Oct 13: Chamath posts a chart of $CRWV bonds yielding 15%. Musk replies one word. "Yikes"
> Oct 14: $CRWV falls 15.5% in one day. $NBIS -10%, $IREN -10%. Gartner warns the same day that 80% of neoclouds could disappear by 2030
> Oct 15: $CRWV credit default swaps hit a RECORD 1,100+ bps. The market is pricing a 60%+ chance they default within 5 years. Their 2031 bonds yield 16%
> Oct 16: the bonds fall under 80 cents. Distressed. $CRWV down another 12%. The stock lost about 25% that week
> Oct 19: Goldman upgrades $CRWV to Buy anyway. Stock does nothing
> Oct 22: $NBIS raises $3.5B from Citi. It matures in ONE year. That's the kind of money still available to these guys
> Oct 25: a clip of $NBIS's CEO from GTC Berlin goes around X. He admits debt markets and asset-backed financing have "temporarily dried up"
> Oct 25: Musk goes in. "200+ neoclouds are going to see guppy-level death and consolidation." Says debt markets are shut for anyone without real revenue outside AI data centers. Says SpaceX just closed $40B of debt to buy GPUs because they have Starlink and launch revenue
> Someone asks if he's tanking them so he can buy one cheap. Musk: "SpaceX is not buying any neoclouds. Pointless"
> Sunday night: $CRWV and $NBIS down another 2.3% overnight. $IREN -2%
$CRWV is down 38% in a month. $NBIS is down 33%
Also worth noting - SpaceX sells AI compute too. Anthropic's deals with SpaceXAI could be worth up to $84.5B through 2029. Musk is a competitor talking about his competition and might just be trying to starve his competitors with x
AverageInvestor retweeted
You know who needs Neoclouds to survive?
NVIDIA.
You know who is the most valuable company in the world?
NVIDIA.
You know who competes with Neoclouds?
SpaceX.
Stop overthinking this…
$SPCX $NBIS $NVIDIA
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
AverageInvestor retweeted
I've always defended X as the only platform to be on for financial discourse.
But it's getting harder to when the owner constantly amplifies narratives of collapse… of companies whose interests conflict with his own at $SPCX or $TSLA.
Would people be comfortable if $NVDA Jensen Huang owned $META?
And then the timelines were dominated by his amplified narratives of $AVGO failing?
I can't see how that would be healthy for grassroots discussion.
AverageInvestor retweeted
I live in a small MAGA town.
I know MAGA people. I drink with them. I talk to them. I study them.
They’re not the loud Twitter yappers, at least most of them. They’re quieter. Slower. But the delusion runs deep, just bottled up in passive smiles and soft voices.
A few weeks ago, one of them tried to convert me at a bar. He knew I wasn’t into the Trump cult, but he started soft. Calm voice. Friendly tone.
“Mario, you’re white. You can drink a lot, you eat meat, “he was just surprised that I was eating rare burger” and drinking vodka chasing it with Guinness. He also said, “You’re one of us. You should feel proud.”
That’s their seduction tactic.
Not facts. Not logic. Just subtle tribal grooming.
“You’re white. You drink. You belong.”
It was almost sweet, in a sad, culty way.
Like a Jehovah’s Witness trying to sell you eternal life with a shaky brochure and cheap suit.
But let’s talk about the whole ecosystem.
The truth.
MAGA men?
Most are not warriors.
They’re out-of-shape, insecure, jealous small-town boys who peaked in high school, still clinging to stories from when they “almost went pro” or “should’ve been in the military.”
They’re proud of being able to drink a case of light beer, drive a truck, and scream about freedom while their knees buckle from sugar and rage.
They’re easy to manipulate because they don’t ask questions.
They don’t read.
They react.
They memorize memes like scripture and repeat them like gospel.
They think being loud equals being right.
They think the world is laughing with them.
It’s not.
The world’s laughing at them, when it’s not just ignoring them entirely.
MAGA women?
They’re caught in a brutal paradox, constantly screaming about how proud and strong they are, while reshaping every inch of their body to meet a fake beauty standard pushed by the very system they claim to hate.
Plastic lips. Inflated cheeks. Eyelashes thick as windshield wipers.
Trying to look rich while shopping clearance at Walmart.
They scream about “natural family values” while injecting Botox and collapsing into MLM scams that promise empowerment through overpriced lipstick.
They mock liberals for being “gender confused” while wearing more synthetic parts than a Barbie made in a Russian factory.
Here’s the thing: MAGA America isn’t just backward.
It’s boring. MAGA folks are simply subsimple.
There’s nothing imaginative about it. No new culture. No innovation. No ideas.
They don’t invent, they imitate.
They don’t challenge, they chant.
It’s the same five phrases over and over.
The same flag. The same truck. The same outfit.
Patriot cosplay.
And that’s why the world doesn’t just hate MAGA.
It forgets it.
Because once the shouting stops, there’s nothing under the hood.
Just cheap beer breath, fake smiles, and a belief that whiteness and loudness are still enough to matter.
You want the brutal truth?
Even without Trump, even without the cult, most of them would still be irrelevant.
Not because they’re evil.
But because they chose comfort over growth.
Tribalism over truth.
Imitation over imagination.
They don’t want to understand the world.
They want the world to stay small enough to understand them.
And that’s the saddest, most humiliating part.
How can the stock be down on this! 😳
What an incredible earnings report from Bloom Energy
$BE!
The company just crushed Q3 expectations, and the numbers continue to show just how much demand is building for power infrastructure.
• Revenue: $1.24B vs. $1.06B expected
• EPS: $0.94 vs. $0.68 expected
• Gross margin: 34%, in line with expectations
And management is now guiding for $4.5 billion in FY2026 revenue, well ahead of the $4.1 billion analysts were expecting. EPS guidance also came in at $3.25 compared to estimates of $2.71.
This is exactly why I've been so bullish on the power side of the AI infrastructure trade. We're seeing billions of dollars being poured into AI data centers, but none of that infrastructure matters if companies cannot secure enough electricity to actually run it. I continue to believe power will be one of the biggest beneficiaries of this entire AI buildout, and $BE is showing us exactly why.
bitcoin:native
81.1k --> 82.1k --> 82.8k ---> 83.7k --> 84.5k
Ugghhh, this is going to be a long and brutal journey back and probably we revisit 79.8k before that. 🤦♂️
I think this time it is the inverse of the April market. AI FUD at an all time high, so AI tech is dumping hard. And BTC pumps are unsustainable. Time to watch everything from the sidelines.
Feels like we will visit 79.6k again.
AverageInvestor retweeted
I'll give Trump credit for one thing. He held up a mirror to America and exposed just how many people choose hatred and bigotry over humanity, cruelty over compassion, and selfishness over decency.
The worst part? They saw their reflection and loved it.
Free market economy. Bwahaha!
Elon Musk admits he got carried away working with Donald Trump and stayed in politics for too long.
MUSK: "I think I had it going on for too long. A lot of people might disagree with me. I think it was important to elect President Trump to sort of steer things more in the direction of a free market economy, have less bureaucracy ideally. In my sort of simple political platform of wanting safe cities, secure borders, aspirationally sensible spending, you know, the basics, I thought Trump would be better than Kamala basically. But what I should have done, I think, was be more in the background. It was interesting to sort of go around with President Trump and go on Marine One and Air Force One and all that sort of stuff."
ISAACSON: "But was that too seductive in a way?"
MUSK: "It was a little bit. It was kind of cool because I'm just there in the Oval Office while all these big momentous decisions are being made and sometimes having some impact on what's being done. But I think I should have been more in the background and probably only had it last for a month or two because at that point you've seen most of what there is to see within a month or two."
ISAACSON: "You seem to get a bit too intoxicated by it in a way with the chainsaws and all that."
MUSK: "I think that's true. I got carried away basically. I ended up leaving I guess sometime in May."
ISAACSON: "That was a weird weekend."
MUSK: "Yeah, it was."
Walter Isaacson: "Tell me about it."
MUSK: "No, let's not dig up the... let's let sleeping dogs lie or whatever. Let's not put a spade down in the backyard type of thing. You never know what you're going to find. But anyway, the point is I should have gone back and focused on AI a little sooner than I did."
This is a reflection of the society that MAGA represents. And there's a lot of them. Full of bile and hatred.
We are past the point of political disagreement. We are witnessing a catastrophic collision between unchecked narcissism and obvious neurological decay. It is the most dangerous intersection in American history: a man with the absolute power of the Presidency and the absolute cognitive failure of a person no longer tethered to reality.
AverageInvestor retweeted
We are past the point of political disagreement. We are witnessing a catastrophic collision between unchecked narcissism and obvious neurological decay. It is the most dangerous intersection in American history: a man with the absolute power of the Presidency and the absolute cognitive failure of a person no longer tethered to reality.