Starlink V3 is being built with orbital data center capabilities (SpaceX is validating the entire space computing thesis). Expanding on why each company from my earlier post matters... $PL - Their 200+ satellite constellation already generates terabytes of Earth observation data daily - most of which currently has to be downlinked for processing. Processing it in orbit instead of on Earth changes everything. > Again, they're literally the only confirmed public partners in both $NVDA's space computing initiative AND $GOOGL's Project Suncatcher. $ASTS - Their phased array satellites are essentially compute nodes in space with massive antennas. Each new BlueBird carries onboard processing capability that doubles as a potential platform for hosted AI workloads beyond just cellular service. > IMO this’ll be an extremely short-lived pullback from earnings. Should be eaten up quickly. $RKLB (closest public proxy to SpaceX) - Every gram of compute hardware in orbit needs a rocket to get there. As space computing scales from a few satellites to thousands, launch becomes the binding constraint. > Their vertically integrated launch + spacecraft model captures both ends of the build-out. $RDW / $BKSY fits great into the thesis as well. I’ll make a separate post with all the asymmetric smaller cap opportunities. In short, $NVDA told us the importance of space computing. SpaceX is proving it. Plenty of macro uncertainties causing turbulence at the moment, but there are many reasons why this could be the very start of the next wave up...