Everyone values $SPCX on Starlink. Starlink isn't where the money is going. Compare satellites. 4,000 compute satellites add up to one gigawatt of orbital compute. One gigawatt is roughly $50 billion a year in revenue. SpaceX already has 10,000 Starlink satellites in orbit. They don't come close to that. And the constraint isn't satellites. It's launch capacity. Every Starship flight is a slot, and slots are limited. Same logic as Tesla's batteries. A cell in a Cybercab earns several times more than the same cell in a Semi, so the Semi waits. Here, a Starship full of compute satellites earns something like 10 to 15 times more than one full of Starlink. Starlink is still a good business. It just loses every allocation decision from here on. $SPCX on