Dan Caplinger

A lot of our information about this is coming from a one-page property tax abatement application in some county in Texas.

So yeah, we don't have the details yet, but I mean, we've been around the block with Musk plenty of times.

The details come when they come and you kind of fill in the blanks.

In the meantime, there's a whole bunch of people trying to speculate about how those blanks are going to get filled.

I took a look at Digital Ocean Holdings, that's ticker DOCN.

That stock was up between 40% and 50% this week.

They announced their latest quarterly results on Tuesday, and they had a bunch of AI-related news that helped build sentiment.

They launched their AI-native cloud product during the quarter.

As a result of that, they saw recurring revenue from their segment of AI-specific customers triple year-over-year.

They posted 22% sales growth in the first quarter of 2026, but they now expect that 2027 revenue growth will accelerate to greater than 50% because of its embrace in AI.

And I think to Tim's point, one of the most interesting points inside of the report was, DigitalOcean said that they saw by far their biggest growth come from customers that are spending at least $1 million on the platform.

They saw a 78% increase in the number of million-dollar customers that they have.

That, I think, is important because the SaaSpocalypse assumes that those big clients are the ones that have the most financial incentive to do things on their own.

Exactly.

And what DigitalOcean is saying is that, if anything, the opposite is true.

It's the biggest customers that are the most likely to value the company-specific AI integration that a DigitalOcean, that a software-as-a-service company is doing.

That, I think, is the takeaway for SaaS companies, is build those relationships with your strongest customers because they're the ones that are going to be able to

let AI evolve with you, partner with you to take the best from AI rather than becoming shadow competitors.

I'd agree with that in the sense that, I mean, there's still, you know, when I was a kid and learning programming, I learned machine language.

And there's still machine language out there.