Nathaniel Whittemore

Now to be clear, Sachs was commenting on the Bernie proposal, not the later news about Trump, so make of that what you will.

Investor Brad Gertzner took both sides of this, arguing that it's all about the mechanism.

He wrote, "...when government owns or controls the means of production, it is socialism.

I don't trust shares in the hands of some future politicians that can coerce or liquidate and spend on whatever their political beliefs."

If purchased or donated, the shares should be directly held by American citizens through their Trump accounts or in a pooled trust or Trump account that will be divided among citizens in the future.

In a later tweet, he said, I'm against government taking or nationalizing AI labs or other AI business, terrible slippery slope, crony capitalism, etc.

But I'm encouraging founders and companies to donate shares for the direct benefit of all citizens through a pooled private account or ideally in their Trump accounts.

Look, this is just the headline, so we're not going to go much deeper today.

But this is a topic where the Overton window has become a flapping open Overton door, and it is going to get even weirder before it resolves.

The optimistic take, as Vrasarex put it, is this is how you make the AI revolution something the whole country can support.

Let Americans share in the wealth of the most important technology boom in human history.

Next up, Elon's role as Earl of Compute gets its second major customer as Google signs a three-year deal with SpaceX.

In an SEC filing, SpaceX disclosed that Google had agreed to pay $920 million a month to rent Compute.

The deal will run from October of this year through June of 2029 and grants access to at least 110,000 Nvidia GPUs.

The deal is structured in the same way as the landmark Anthropic deal last month, which granted access to the entire Colossus One supercluster.

SpaceX will ramp up delivery over the summer at a reduced fee, but Google has the right to terminate the deal in October if SpaceX fails to deliver on the full capacity.

Both parties also have the right to terminate the deal early on 90 days' notice.

The filing didn't specify which SpaceX facilities would be used to fulfill the deal.

A Google Cloud spokesperson said, This is a short-term, timely agreement to ensure we have bridge capacity to meet surging customer demand for our agent platform Gemini Enterprise, which has been even higher than we expected.

Now, as always with Elon deals, this one is amounting to a Rorschach test for one's personal opinion of Elon Musk.