Research Reports

This report examines the physical, operational, and financial viability of space-based high-performance computing, focusing on SpaceX’s disruptive launch and satellite manufacturing infrastructure. By evaluating the newly disclosed AI1 satellite design against traditional ground-based facilities, this analysis maps the near-term economic parity, long-term total cost of ownership advantages, and ultimate valuation of orbital data center networks. Ultimately, we outline how sca

The prevailing narrative evaluates the risk of this boom almost entirely through the lens of technological viability. We argue the exact opposite: the technology will likely continue to deliver genuine productivity gains, but the macroeconomy may simply fail to absorb its success.

In this report we examine the robotaxi business opportunity with a focus on Tesla, covering the current state of FSD technology, unit economics and cost per mile, margin potential, the size of the addressable mobility market, and key considerations around scaling, valuation, and investment recommendations. Image courtesy of Tesla, Inc. Key Messages 1. Tesla started removing human safety monitors from its robotaxi service in Austin. But the self-driving technology is still too