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🔥 99% AI. 1% rockets. And somehow, my short position is sitting right in that 1%. $SPCX has climbed from 108 to 146, up roughly 35%. Meanwhile, my short position is floating around a 300U loss, -1925%. And yes… I’m still holding. Then Elon Musk spoke. At the all-hands meeting, he said AI revenue could surpass all other businesses combined by September. By the end of next year, SpaceX could reach 10 gigawatts of computing power, which he estimates could translate into $300B–$500B in annual revenue. And in five years? AI could account for 99% of SpaceX’s value. 99% AI. 1% rockets. Okay, but let's stop there for a second. What does $500B in annual revenue actually mean? Nvidia generated around $60B in revenue last year. Now an AI business that hasn't even fully commercialized is being projected to reach $500B in annual revenue within five years. That's not ordinary growth. That's a completely different species. But the market clearly believes the story. SPCX went from around 108 to 149, roughly a 40% move, largely fueled by Musk's words and the new AI narrative. And here's the interesting part: A little over a month ago, when SPCX was around 228, the story was mainly rockets and Starlink. Now, around 146, the story is AI and $500B. Same ticker. Completely different story. And that's how powerful narratives can be. You don't always need financial statements to change the market's imagination. Sometimes, one meeting is enough. I'm not here to say Musk is right or wrong. But I do believe one thing: A story can pump a price just as easily as it can destroy one. The story doesn't need to be realized immediately. The market only needs to believe it. But eventually, stories need numbers. I’m still holding my short—not because I don't believe in AI, but because I don't believe $500B appears from a single all-hands meeting. I want to see the financial reports. I want to see the orders. I want to see the actual revenue. Let the numbers speak. He says 99% is AI. I'm still waiting in that 1%. Because stories can pump prices… but you can't eat a story. 😮‍💨 #CPIEasesHikeBets