Ed Ludlow

As we all know, the background context is that SpaceX is making preparations for an IPO at some point in the middle of this year.

My understanding is that there is a group of investors that are pushing very much on the Tesla idea, but nothing is final.

As we all know, the background context is that SpaceX is making preparations for an IPO at some point in the middle of this year.

When people buy EVs, they generally are quite happy with them.

My understanding is that there is a group of investors that are pushing very much on the Tesla idea, but nothing is final.

As we all know, the background context is that SpaceX is making preparations for an IPO at some point in the middle of this year.

Yeah, all about the iPhone.

And in some ways, it's like an issue of chronology and timing, right?

Think about when Apple announces the iPhone 17 generation and we're all there in Cupertino for it.

And then it goes on sale and you have the holiday quarter.

So, you know, actually it goes a little bit beyond that.

This is where the Bloomberg terminal comes in useful.

So that is a big beat.

You can just see it looking at the headline on a dollar basis.

But not only is it 9% above consensus, even the top end of the most bullish ranges on how this iPhone would do were only about $81 billion.

I think it came in above $85 billion.

So they've done something.

Either the phone has got traction or...

or they've done something smart with the timing of it and it's sold well.

The bit that's missing, of course, is that that commentary does not have anything specific to do with Greater China.