LanlanCC
10-21 12:36

1 4 The $19.59 billion capex exceeded the CFO's own guidance and is expected to double in Q4. This company is using its IPO fundraising as a war chest to build compute infrastructure at an unprecedented speed. If AI compute's pricing power begins to decline over the next 12 months due to increased supply, SpaceX's burn rate will become a critical weakness. The ultimate goal of merging Tesla may not be synergy, but Tesla's cash flow. If the Robotaxi business can be realized, it could generate hundreds of billions of dollars in free cash flow each year—exactly what SpaceX needs most.

$特斯拉(TSLA)$  $SpaceX(SPCX)$  

# 💰Stocks to watch today?(21 October）

Modify on 2026-10-21 13:02

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  • vi123123
    ·10-21 13:22
    Capex is the loud number, but Starlink plus Tesla energy could be the quieter cash engine here. AI pricing softens, sure, but that does not automatically break the whole loop
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