SpaceX Faces $26B Compute-Driven Earnings and a 1.3B Share Unlock in the Same Week
JOBhakdi · x · 2026-10-20
Ahead of SpaceX's earnings, 450MW of leased compute generated $26B in revenue; scaling 2GW live suggests the compute business alone runs at $110B/year.
The author notes a $2T company beating expectations by multiples wouldn't shock anyone, and unlike Micron, demand isn't cyclical — it's contracted compute. He'll hold through earnings.
The catch: two days after the report, 1.3B shares unlock (plus 328M more), making roughly half the float tradable within days. Strong earnings vs. a flood of supply in the same week — watch which wins.
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