Jack Crivici-Kramer

LEO is Low Earth Orbit.

Yeah.

Great abbreviation for a satellite wireless company.

Highly convenient given the Leo constellation up in the space as well.

Yetis, for 40 years, telco has been dominated by Verizon, AT&T, and T-Mobile.

You know those physical towers on land charging you $100 a month to use their frequencies?

We've all seen them, eyesores.

But that era is ending.

The future of infrastructure is invisible because it's up in space.

Welcome to the global telco era.

It's going to be Amazon versus SpaceX, and it's all up in space out of sight.

Instead of cell towers here on Earth, we're getting internet-beaming satellites up in orbit.

SpaceX has a huge lead, we should point out.

10,000 satellites compared to Amazon's less than 300.

But Amazon is motivated to catch up because Becca just called them from The Bachelorette to ask.

No, because of our takeaway.

So, Jack, what's the takeaway for our buddies over at Amazon Satellites?

Your margin is my opportunity.

Yetis, with SpaceX prepping an IPO, we're finally getting details on Elon's out-of-orbit financials.

And the undisputed profit puppy at SpaceX isn't the rockets, and it definitely isn't Grok AI.