Absolutely insane! Just one week before SpaceX's historic IPO, it was revealed that they signed a massive three-year compute power leasing deal with Google, worth up to $30 billion. Combined with the huge compute commitment from Anthropic less than a month ago, these two top global AI labs have already contributed over $70 billion in contract value to Musk. During the IPO roadshow, Wall Street was extremely worried that Musk's aggressive spending on building nearly 2 gigawatts of compute centers would drain cash flow. But now the cards are on the table—compute power itself is an incredibly scarce resource. Musk has quietly built the world's fourth-largest AI supercomputing cloud, right behind Amazon, Microsoft, and Google. Thanks to SpaceX's insane hardware acquisition capabilities and execution efficiency, its massive compute leasing business not only covers the tens of billions in infrastructure investments but also generates huge incremental revenue every year. This completely eliminates the short-term financial pressure on xAI to monetize AI products at scale and fundamentally disrupts the capital market's underlying logic for SpaceX's jaw-dropping $1.75 trillion valuation.