@dapstats @MotherCabriniNY @DiMartinoBooth @dailyjobcuts @ChallengerGray @WARNTracker @MacroEdgeRes @Danstringer74 @jennablan @m3_melody @JCOviedo6 @tyillc @GlobalMktObserv @PekalaLaw @PiQSuite @GratkeWealth @JG_Nuke @texasrunnerDFW @SamanthaLaDuc @MarketsPuke @Sorenthek @Monetaryguy589 @BrynneKKelly @InEgoVeritas @RudyHavenstein

$SPCXQ Generally, when you get a debt consolidation loan, your liabilities stay the same:

$SPCXQ Well, here is some low hanging fruit. PPE. Retired $10.7B of PPE through Q1. ($494m) in Q1 - that's negative. $10.7B in Q2. Total associated accumulated depreciation of $430m. Depreciated 4.2%. $40m in impairments. I believe in replicating patterns.

$TSLAQ In deference to the first earnings call of $SPCX next week, here is a reconciliation of their PPE for Q1. It's just more $TSLA cowbell:

@dapstats @andykatz19 @SamanthaLaDuc @leadlagreport @MotherCabriniNY @Sorenthek @Section31ops @JCOviedo6 @Danstringer74 @TradersCom @CordovaTrades @MarkYusko @BrynneKKelly @JG_Nuke

Somethings never change. Look at Construction in Progress:

SpaceX is a phone company with money sucking rockets and Ai:

Spacex Cashflow last three years: $17B Operating Activities $34B Investing Activities $38.5B Financing Activities $15.8 of cash on hand at 3/31/2026 That is an incredible cash burn.

Seen again: