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🚀 Musk Spoke — And $SPCX Took Off As soon as Musk made his comments today, $SPCX surged, reaching an intraday high of 149.6 and closing at 146.15, up 9.65%. From the recent low, the stock has now climbed nearly 40%. I exited my long position far too early, and honestly, I’m regretting it now. At an all-hands meeting, Musk reportedly said that AI revenue could surpass all other SpaceX businesses as soon as next month. He also outlined an ambitious target of reaching 10 GW of AI computing capacity by the end of next year. The bigger implication is even more striking: Musk believes AI could eventually account for 99% of SpaceX’s value within five years. That potentially changes the entire valuation narrative. SpaceX may no longer be viewed simply as a space company. The market could increasingly value it as a combination of space infrastructure + AI computing infrastructure. When the underlying valuation story changes, the market’s pricing model can change with it. But there’s another side to the story. 👀 In Q2, capital expenditure reportedly reached 18.37B, with approximately 15.8B directed toward AI infrastructure, while revenue was only around 7.8B. That means spending is running at roughly 2.35× quarterly revenue. The opportunity may be enormous, but so is the capital burn. Meanwhile, the storage sector also caught a strong bid: 🔹 SK Hynix: +9%+ 🔹 SanDisk: +5.76% 🔹 Micron: nearly +5% AI computing expansion requires more than GPUs. It also drives demand for memory, storage, networking and optical infrastructure, creating a broader supply-chain repricing. SanDisk also held its Investor Day today, with the market watching closely for management’s roadmap around AI-driven storage demand. The bigger theme is becoming increasingly clear: AI infrastructure is being repriced from chips → storage → networking → computing power. And the entire ecosystem could benefit if this investment cycle continues. $SNDK $SKHYNIX $XAU #CPIEasesHikeBets #AIInfraEarningsWatch