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SpaceX-xAI Merger: The $1.25T Company

chamath.substack.com · 835 words · saved by 1 readers

The core logic of the merger focuses on Orbital Data Centers. Musk argues that AI is...

What I Read This Week: a summary of the content that I consumed this week… Caught My Eye… 1) Project Vault: The $12B Strategic Mineral Reserve President Trump signed the executive order for Project Vault on February 2, 2026, establishing a $12 billion strategic reserve to secure the U.S. tech, defense, and industry sectors. The financial engine behind it is a hybrid model: $10 billion in long-term loans from the US Export-Import (EXIM) Bank paired with ~$1.7 billion in private capital from a consortium of industrial giants. The move is a direct response to China’s 90% dominance in…

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