Morgan Stanley: SpaceX neocloud funds full‑stack AI push
According to a new Morgan Stanley note cited by Sawyer Merritt on X, analyst Adam Jonas says SpaceX’s neocloud strategy shifts costs to customers to build compute used to train its own robots, positioning the firm as a vertically integrated, full‑stack AI player.
SourceAnalysis
Morgan Stanley analyst Adam Jonas issued a note on SpaceX that frames its neocloud infrastructure build as a funding strategy for training robots.
The analysis highlights SpaceX's edge in intelligence-per-watt-per-$-per-second and agrees that the Physical Intelligence Economy is economically multiplicative.
SpaceX is described as evolving into a vertically integrated full-stack AI player whose improved positioning for the AI trade remains under-appreciated by the market.
Sawyer Merritt
@SawyerMerrittA prominent Tesla and electric vehicle industry commentator, providing frequent updates on production numbers, delivery statistics, and technological developments. The content also covers broader clean energy trends and sustainable transportation solutions with a focus on data-driven analysis.