Pretty impressive, SPCX surged by 10 points! Although Cathie Wood painted a big picture in advance, her overall logic is quite solid! All the financial report data exceeded expectations: $14.6 billion in revenue, up 161% year-over-year, and earnings per share at $0.35, soaring 197%. Revenue beat expectations by 12%, and EPS exceeded forecasts by 119%. What’s even crazier is that SpaceX generated $4.4 billion in net profit and $8.8 billion in adjusted EBITDA, with EBITDA growing an astonishing 306% year-over-year. This marks the first quarterly profit since going public. Breaking it down further, there’s one particularly interesting point: the cloud business. The SI (cloud services and artificial intelligence) segment brought in $7.56 billion in total revenue, up 830% year-over-year and 195% quarter-over-quarter, overtaking Starlink to become the most profitable business. This has temporarily eased market concerns about Neocloud’s debt pressure, especially after last week’s debt default panic triggered by CoreWeave, which led to a chain reaction of AI sell-offs. That trend seems to have come to an end. And today, Cathie Wood spent $8.13 million to buy the dip in CRWV, which is a clear signal. It’s worth keeping an eye on NBIS’s financial report on October 22! What’s even more fascinating is this: remember when Tesla was just starting out, and Elon Musk was sleeping on the floor? Well, now he’s not sleeping on the floor anymore—conditions have improved—but he’s living in an RV, spending four days a week, sometimes working day and night, at the supercomputing center in Memphis, Tennessee. Just imagine: genius + hard work. With a boss like that, it’s hard not to succeed, right?! I think one of the perks of investing is being able to entrust your money to the smartest and hardest-working people in the world, letting them build the future while we take a small slice of the pie. Maybe that’s the joy and greatness of investing! This post is sponsored by @binancezh: "Binance for U.S. stocks—global assets, zero time difference, instant access!