One update on the SpaceX GPU lease I walked through last week. Fitch looked at the $40B commitment and left SpaceX at BBB+, because that compute was already in its forecast. It's treating the deal like any other equipment lease. The numbers underneath are the part that got me. SpaceX had 1.7 GW of nameplate compute at the end of September, up from 0.6 GW a year earlier. Fitch's rating case assumes an average of 5 GW next year and 9.5 GW in 2028. When a ratings agency models a near 6x jump in compute in about two years and keeps the rating where it was, I think the question of whether AI compute is financeable is settled. The next one is how fast everyone else copies the structure Retweeted by @AethirCloud from @MRRydon(Historical earnings: For fiscal 2026Q2 (period ended 2026-06-30), SpaceX reported basic and diluted EPS of -1.12, net loss of USD 4.817 billion, and revenue of USD 12.508 billion. Consensus expectations: For fiscal 2026Q3 (event date 2026-10-20), consensus expects EPS of 0.1674 and revenue of USD 12.978 billion.)