时光预言机i's Profile

Originally, I thought SPCX’s earnings report this time would come in below expectations, but after the results came out, they were better than expected. I underestimated Old Ma’s capabilities.

The price rose from 152 to 162. Unfortunately, I didn’t hold on until that point... I had positioned early.
$SPCX
It also got stopped out by the low wick.

First, let’s look at this earnings report. Third-quarter revenue was $14.58 billion, above market expectations. Diluted earnings per share were $0.35, also above the expected $0.13 or so. Revenue grew 161% year over year, net profit was $4.4 billion, and revenue from all three major business lines exceeded expectations.

In other words, Old Ma is expanding SpaceX from a rocket launch and Starlink satellite internet company into an AI computing power, communications, and space infrastructure platform. The AI business is beginning to become an important source of revenue: superintelligence business revenue reached about $7.56 billion, and has already become a key engine driving growth.

Mainly, it is the revenue from the AI business.

Musk released several important signals during the earnings call:

- He plans to significantly expand computing power from 1.7 GW at the end of Q3 2026.

- The company suggested that computing capacity could reach 20 GW or even higher in 2027.

- Capital expenditures in Q4 2026 are expected to reach $35 billion to $40 billion.

- Management gave a very positive outlook for revenue growth in 2027.

This directly led the market to set very high growth expectations.

In addition, a potential merger between SpaceX and Tesla was mentioned, but no transaction terms have been reached yet. That is still something for later, just an expectation for everyone.

How will SPCX stock move?

The rapid rise overnight means that people in China who bet on the earnings report early or chased the rally will definitely be holding the position now. What matters now is whether the price can hold above 155 after the surge. If trading volume gradually shrinks, it means some funds are starting to take profits.

On October 22, up to about 1.3 billion SPCX shares are expected to be unlocked and enter circulation.
This comes from the post-IPO phased 180-day lockup arrangement, and it is one of the largest potential single-day share releases recently. But that does not necessarily mean all of it will be sold after the lockup expires.

Old Ma’s thinking is very forward-looking. At present, most people can’t live without the internet or AI. In the future, you can consider dollar-cost averaging into $SPCX . Hold spot positions; contracts are only for swing trading.

时光预言机i

Pay close attention to whether $BTC can break through the 87k level. It’s very likely there will be a false breakout followed by a drop. I don’t think it can go up past it in one go.

时光预言机i

$BTC breaks the downward trendline? Yesterday’s PCE was moderately above market expectations; core PCE year-over-year is around 3.0%. More importantly, recent remarks from Fed officials are clearly less hawkish than before—market expectations for a rate hike in October have already fallen from about 70% to around 25%

But the 10-year Treasury yield once reached around 5.3%, the highest level since 2002. Now there’s a very interesting tug-of-war: last night, PCE was a BTC-positive catalyst, yet high Treasury yields suppressed BTC.

The macro window has been laid out—now it’s up to whether the funds are willing to push higher and break above the 87k level.

$BTC

87K breakout confirmation is the first checkpoint. If it can’t break through and there’s a lot of sell pressure, I’ll directly short it! The upside play is basically done—let’s see if we can get a second phase. You guys can be long first, no? 😏

BTC+0.62%

时光预言机i

During U.S. earnings season, just focus on these three things on Binance Square!

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