[SPEAKER_01]: Hey everybody, I'm Zach.
[SPEAKER_01]: And I'm Jesse.
[SPEAKER_01]: You watch and tell us the time news.
[SPEAKER_01]: Episode 659.
[SPEAKER_01]: I know you know.
[SPEAKER_01]: So yesterday, Doge's designer posted breaking SpaceX has paid Grimes County $10 million ahead of schedule under its Terrifab Tax Agreement, a major step forward for the proposed project.
[SPEAKER_01]: It equals nearly 40% of the counties expected $26.5 million in property tax revenue for all of 2026.
[SPEAKER_01]: County leaders may use the money for infrastructure, employee pay and retention.
[SPEAKER_01]: SpaceX and Terrifab representatives are scheduled for Q&A at the August 5th Commissioner's Court Meaning, which
[SPEAKER_01]: already happened, and the broader tariff ad project could eventually involve up to $19 billion in investment.
[SPEAKER_00]: And we learned at the Grimes County Commissioners Court that SpaceX will pay Grimes County $20 million a year for 35 years, a total of $710 million.
[SPEAKER_01]: And SpaceX will still pay county taxes just at a reduced rate.
[SPEAKER_01]: Now, if you're like, well, is this all true?
[SPEAKER_01]: There's just some post on x. I think we can confirm that that is true because Elon responded saying, tariff ad.
[SPEAKER_00]: And that's the reason why they're paying Grimes County all of this money because they're going to build just the largest thing that we've ever built pretty much yeah I mean it was really fun to watch the I can't believe I'm saying it's fun to watch a county commissioners meeting but it actually was he
[SPEAKER_01]: because tariffab represents we're there and they talked about the project.
[SPEAKER_01]: I mean, I learned some stuff.
[SPEAKER_01]: Like, 7.2 million people live less than an hour away.
[SPEAKER_01]: One of the reasons they pick this area is they need employees.
[SPEAKER_01]: They're going to need 3,000 permanent job employees.
[SPEAKER_01]: Everybody from janitors to the most technical staff in the world.
[SPEAKER_01]: And it's going to take thousands and thousands of construction jobs to build this.
[SPEAKER_01]: huge plant, which is 100 million square feet on 3000 acres.
[SPEAKER_01]: 3000 acres is what the plants gonna take up.
[SPEAKER_01]: It's actually on a 13,000 acre site, but the building itself will be 3000 acres.
[SPEAKER_00]: And just in case you're wondering, an acre is what a man and a mule can plow in a day.
[SPEAKER_01]: Yeah, so that's 40,000 square feet.
[SPEAKER_01]: The other thing is here, I didn't know this, but this used to be a brown field site.
[SPEAKER_01]: There used to be a former coal plant here, which means that this is a huge improvement over what was there.
[SPEAKER_01]: And the nice thing is it already had really good grid connections and stuff.
[SPEAKER_01]: So, this is really exciting that we now have confirmation that this is where Tara Fab is going.
[SPEAKER_00]: Now, when you design a building this big, you know, normally you level stuff.
[SPEAKER_00]: Did they have to take into account the curvature of the earth?
[SPEAKER_00]: I don't know, it's kind of right, it's beyond me.
[SPEAKER_01]: Tesla Mega Pack Post did Mega Pack 3 is officially rolling off the line in our newest Mega Factory in Brookshire, Texas.
[SPEAKER_01]: The factory went from groundbreaking to operation in just 16 months and has a design capacity of 50 gigawatt hours a year dedicated to Mega Pack 3.
[SPEAKER_00]: And the launch said Mega Pack 3, starting production, congrats Tesla Mega Pack team.
[SPEAKER_01]: Do you think that California is kicking themselves right now?
[SPEAKER_01]: Because all of this could have been built in California.
[SPEAKER_01]: If it hadn't been firm, no, no, no, no, it couldn't have been built in California.
[SPEAKER_00]: You don't understand the amount of space.
[SPEAKER_00]: California is very different than Texas.
[SPEAKER_00]: You have to take a long time.
[SPEAKER_00]: We got to do some environmental impact reports.
[SPEAKER_00]: We've got to do community outreach programs.
[SPEAKER_00]: We got to be Bicci and me into Elon because he's mean.
[SPEAKER_01]: They really screwed the boots on that one.
[SPEAKER_00]: We're sponsored today by our good friends at SmartCharge America, and I'm really happy about this partnership because we actually have been big fans of SmartCharge America for years.
[SPEAKER_01]: Yeah, when our buddy Joe Barleta, who's the president of SmartCharge America, told us that he'd like to help sponsor the show, we were both really stoked.
[SPEAKER_00]: SmartCharge America is the company to call when you need to install EV charging.
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[SPEAKER_01]: So the charging company Evigo, which trades on NASDAQ under the ticker symbol, Evigo, has partnered with Tesla to deploy hundreds of Evigo owned and branded V4 superchargers across US cities.
[SPEAKER_01]: Evigo has partnered under Tesla's supercharger for business program.
[SPEAKER_01]: Evigo currently has about 5,000 charging stalls in operation at more than 1,200 locations across 47 states.
[SPEAKER_00]: Are they really all in operation?
[SPEAKER_01]: That's a good question.
[SPEAKER_01]: I'm sorry.
[SPEAKER_01]: That is good.
[SPEAKER_01]: I've been to a few of them.
[SPEAKER_01]: Good question.
[SPEAKER_01]: That's probably a lot of downtime.
[SPEAKER_01]: But EVGo has the third largest DC fast charging network in the US behind Tesla and Electrophymerica.
[SPEAKER_00]: So can Tesla owners use these new EVGo branded superchargers?
[SPEAKER_01]: Yes.
[SPEAKER_01]: You'll be able to find them through in vehicle navigation and in your trip planner.
[SPEAKER_01]: And most if not all EVGo supercharger locations will include magic dock, so both Tesla's with Nax and non-Testles with CCS can use them.
[SPEAKER_00]: Interesting.
[SPEAKER_00]: Yeah, it only took them like a decade.
[SPEAKER_00]: Do you think when they should.
[SPEAKER_00]: Do you think their installation team is like who I know we can just have tests to do it now
[SPEAKER_01]: So if you or someone you know lives in California and it's interested in buying their first EV, listen up, California has a new EV incentive program called my first EV in the Model 3 and the Model Y are eligible.
[SPEAKER_00]: You can get $3,500 off eligible Model 3 and Y that have an MSRP of $50,000 or less instantly off the sticker price.
[SPEAKER_01]: You can learn more by going to Tesla's incentive site here.
[SPEAKER_01]: The key here is that you must take delivery before the funds run out for this program.
[SPEAKER_00]: Okay, so when will the funds run out?
[SPEAKER_01]: Well, California pays $1,750 for each incentive, Tesla pays the other $1,750.
[SPEAKER_01]: California put $135 million into the fund, and Carb now estimates that this is good for 73,000 vehicles or so.
[SPEAKER_01]: The program started on Monday, August 3rd.
[SPEAKER_01]: So, work with the better.
[SPEAKER_01]: Yeah, go!
[SPEAKER_01]: Tesla got their design patent approved for the Tesla Robo van or Reboven on Tuesday US design patent number USD 1138869S Paton lists Franz von Holtzhausen, Julian Bilado, Ian Kettle and Joseph Robinson as the designers.
[SPEAKER_00]: The application was filed in October of 2024.
[SPEAKER_00]: It does look like a bread box when you draw it out.
[SPEAKER_00]: It does.
[SPEAKER_01]: And Nirlink, the Brain Interface Company, also received two patents recently.
[SPEAKER_00]: This one for automatic craniumy, and bone work via milling, for sensing and impedance sensing, is basically the machine that cuts the hole in the cranium.
[SPEAKER_01]: Yeah, it's pretty complicated because it's a CNC milling machine, and if anyone knows about those, they're dangerous, and it's going to be attached to your head.
[SPEAKER_01]: It has a high-speed spindle and an end mill that has bio-impedant circuits that can measure resistance until it when it is cut through the dense bone layers and gotten to the soft dura layer, which it's also going to cut.
[SPEAKER_00]: But I mean, come on, this isn't brain surgery.
[SPEAKER_01]: Oh.
[SPEAKER_00]: Wait, it is.
[SPEAKER_00]: Knerling also received US patent number 1268941B2 on July 21st for real-time neural spike detection.
[SPEAKER_01]: Yeah, basically a tiny computer chip that can instantly tell when a brain cell fires.
[SPEAKER_00]: And I just think that it's funny that Elon is doing both brain surgery and rocket science better than anyone that has ever done either of those two things and people still want to call him dumb.
[SPEAKER_00]: These are people who usually don't understand the brain surgery nor the rocket science.
[SPEAKER_00]: That's true.
[SPEAKER_00]: You can usually ask them.
[SPEAKER_00]: You lunge dumb and you're like, oh, so tell me about Nirlink.
[SPEAKER_00]: Oh, I don't know what Nirlink is all right.
[SPEAKER_01]: So I have the sabotruck round-up.
[SPEAKER_01]: Yeah This cyber truck round-up
[SPEAKER_01]: Now, I can't remember if we reported on this next story on Patreon Boner Stories or here on TT on last week, but basically Tesla is suing one of their Cybertruck suppliers named angstrom automotive, right?
[SPEAKER_00]: Because angstrom bought Anderton castings, right?
[SPEAKER_00]: Had been supplying Tesla with aluminum die-cast parts for the Cybertruck and some model-wide components for years out of its plan in Troy, Texas.
[SPEAKER_01]: Yeah, and then in July, angstrom told Tesla a plan to shut down the Troy plant and refuse to release Tesla's custom tooling unless Tesla paid an extra $250,000 per week.
[SPEAKER_00]: Are you kidding me?
[SPEAKER_00]: Tesla then sued to get these valuable tools back because it's affecting cyber truck production.
[SPEAKER_01]: Well, on Tuesday, U.S. District Judge Christopher R. Wolfe granted Tesla a temporary restraining order and writ of Replevin, which I've never heard of before.
[SPEAKER_01]: In its dispute with angstrom automotive, the order authorizes Tesla to enter the Suppliers Facility and Troy Texas and retrieve its own cyber truck tooling and related equipment that angstrom had been withholding.
[SPEAKER_00]: How unprofessional, you know, it's kind of like if
[SPEAKER_00]: It's like if you're your neighbor borrowed your lawnmower and then you're like can I have my lawnmower back and I'm like no Well, it's kind of like if your girlfriend got a corporate takeover and then they wouldn't give you your sweatpants back What I guess that doesn't that one doesn't work as well.
[SPEAKER_01]: All right, stop for some space X news
[SPEAKER_01]: So there was the SpaceX Q2 earnings call and I just thought we could talk about a few of the points that caught us.
[SPEAKER_01]: So we're gonna talk about more of this on investor club today.
[SPEAKER_01]: But first of all, we heard that Starship could be caught on the next flight as long as regulators allow it.
[SPEAKER_01]: So that's gonna be super fun.
[SPEAKER_01]: It could be both Starship and the booster caught on the next flight.
[SPEAKER_01]: So that, wow.
[SPEAKER_01]: He at least said that will happen by the end of the year.
[SPEAKER_01]: So that's exciting.
[SPEAKER_00]: So you're telling me there's a chance.
[SPEAKER_01]: And we're going to have the next flight by the end of this month, I believe.
[SPEAKER_01]: So wow, things are happening fast.
[SPEAKER_01]: Of course, we heard that rock 4.7 is just a few weeks from today.
[SPEAKER_01]: And the rock 5 when it comes out, hopefully by the end of this year, would have all the data that SpaceX produced and will become the best engineering AI model, according to Elon.
[SPEAKER_01]: That's exciting.
[SPEAKER_01]: They should have two gigawatts of compute by the end of this year, and close to 10 gigawatts of compute, and Elon announced that basically, I think they're gonna exclusively be building their compute on Nvidia chips.
[SPEAKER_01]: So that's really cool.
[SPEAKER_00]: Cool.
[SPEAKER_00]: They're going to start their star-mind satellite launches next year.
[SPEAKER_00]: Yeah, that's super exciting.
[SPEAKER_00]: That is the AI in space.
[SPEAKER_00]: They're gonna start doing it next year.
[SPEAKER_00]: Yeah, within video chips.
[SPEAKER_00]: So that's really cool.
[SPEAKER_01]: Quinshot, well, the President of SpaceX was on there to talk about the fact that there are poo or their average revenue per user is staying pretty solid at $66 a month.
[SPEAKER_01]: They have 10,200 satellites in space right now with 800 terabytes of capacity and that's before the V3 satellite gets launched.
[SPEAKER_01]: That's super exciting.
[SPEAKER_01]: They have $6 billion in government contracts that were awarded just in Q2.
[SPEAKER_00]: And the CFO mentioned that within the first few weeks of this Q3, they've contracted
[SPEAKER_00]: 7 billion dollars in cloud service revenue starting in October.
[SPEAKER_01]: Yeah, so Elon said that basically by the end of the year They should have a hundred billion dollars in ARR that is annualized revenue which he said basically That's if we do nothing.
[SPEAKER_01]: That's incredible
[SPEAKER_01]: During the Q&A, we heard some little tidbits that I thought were fun.
[SPEAKER_01]: The aviation industry, basically, they're only like 10% in on the aviation industry, and they think there's a lot more to go.
[SPEAKER_01]: For Starlink?
[SPEAKER_01]: Yeah.
[SPEAKER_01]: They've never lost an enterprise customer.
[SPEAKER_01]: So once they've gotten one, they've stuck with them, which is really amazing.
[SPEAKER_00]: They make sense.
[SPEAKER_01]: And they're super bullish on government in maritime.
[SPEAKER_01]: I mean, these are places that they've already started a foray into, but maritime has been pretty small, and now it's game to the point where it's very affordable.
[SPEAKER_01]: So that's cool to hear.
[SPEAKER_01]: And Elon said they're basically focusing on their sales teams going out and having to educate enterprises on the fact that they're up time and they're bandwidth with starlink is so good because in the early days it wasn't so great and he thinks that a lot of them kind of thought that's what it always was so they're now having to go back and reeducate them like no you can use this as your primary internet right.
[SPEAKER_01]: He also said that they're going to be building out about 15 gigawatts of not AI but power and cooling for AI by the end of next year so basically they have way more cooling and power than they need so as they get the chips they can get them running and he was pointing out the fact that SpaceX is so good at building stuff way more complicated than this that building AI compute on earth is like easy peasy.
[SPEAKER_01]: Yes, compared to a satellite, it's not so bad.
[SPEAKER_01]: Of course, you talked about robots on the moon, and he said that when they build out robots on the moon, we're going to get to 1,000 x the economy of Earth, potentially 1 million x the economies of Earth, especially when those factories start firing up, which is crazy because the moons tiny.
[SPEAKER_01]: And Elon says that during their IPO, they said that they might get to 1 trillion in revenue by 2031.
[SPEAKER_01]: They've now moved that up to 2030.
[SPEAKER_01]: Nice.
[SPEAKER_01]: Going the opposite way, they'd be long usually goes.
[SPEAKER_01]: That's great.
[SPEAKER_01]: And going back to the fact that their SpaceX engineers are so smart, he said it's kind of like the New York Yankees playing a little league team that rockets are so much harder than AI data centers.
[SPEAKER_01]: So I just thought that was a great analogy that we think it's hard to do an AI data center.
[SPEAKER_01]: He's like our SpaceX engineers are doing rockets, which is way harder.
[SPEAKER_00]: He sees AI demand increasing 200% a year.
[SPEAKER_00]: They're gonna have 10 times as many version three satellites as version two.
[SPEAKER_00]: Keep mind is already what 10,000 of them.
[SPEAKER_00]: So they're gonna have 10 times as many and each of them is going to be 10 times better, right?
[SPEAKER_00]: So we're talking two orders of magnitude, more bandwidth, more power, are just incredible.
[SPEAKER_00]: The thing that a lot of people are talking about is that Gwyn Schott will mention that AT&T and Verizon and T-Mobile,
[SPEAKER_00]: make up about $600 billion a year.
[SPEAKER_00]: And Gwen said that they could take many of their customers.
[SPEAKER_01]: Yeah, we're going to talk about this on investor club, but because this is a piece that I think most people are missing because I think we get the satellites confused.
[SPEAKER_01]: We hear the V3 satellite, but there's also basically their next gen mobile satellite.
[SPEAKER_01]: And that's 100 times better than their existing satellite.
[SPEAKER_01]: And that's going to start next year.
[SPEAKER_01]: So a lot to talk about over there.
[SPEAKER_01]: I'm just so pumped about SpaceX.
[SPEAKER_01]: And now we have double the earnings calls to listen to and talk about every quarter.
[SPEAKER_00]: about SpaceX.
[SPEAKER_01]: In some more SpaceX news, Elon reposted this from SpaceX crew 13 completed their training in California this past week, so what we're talking about here is that Falcon 9 is targeted to launch Dragon and the crew to the space station in September, so that'll be a crude launch which is always fun to watch.
[SPEAKER_01]: Now on January 15th of 2025, Falcon 9 launched for the Firefly Blue Ghost Mission.
[SPEAKER_01]: Well, yesterday morning, that Falcon 9 upper stage should have impacted with the lunar service we don't have video yet, but NASA's lunar reconnaissance orbiter was scheduled to actually obtain this, so we should be getting that in the next few days.
[SPEAKER_01]: We don't know what happened, but it hit the surface at about 5,400 miles an hour.
[SPEAKER_01]: NASA Administrator Jared Isaacman said for those interested in spent booster impacting the lunar surface, this rare occurrence has decades of history going back to the Apollo era.
[SPEAKER_01]: When NASA intentionally crashed, spent stages into the moon for science and seismic research, the reality is that meteorologists strike the lunar surface hourly, with impacts comparable to this upper stage occurring roughly every six days.
[SPEAKER_01]: The future lunar base will incorporate reusable spacecraft that not only deliver astronauts and payloads, but also become part of the infrastructure itself.
[SPEAKER_01]: Interesting.
[SPEAKER_01]: So, for everyone who's like,
[SPEAKER_00]: Oh no, the moon, you hold the moon.
[SPEAKER_00]: It's this happens every six.
[SPEAKER_00]: It gets hit a lot.
[SPEAKER_00]: It's part of the reason why we exist on this planet, right?
[SPEAKER_00]: Is that it's kind of hard to hit?
[SPEAKER_01]: What's, uh, what's our shield?
[SPEAKER_00]: What's in football?
[SPEAKER_00]: What's the defense of back?
[SPEAKER_00]: Is that, yeah, what's that?
[SPEAKER_01]: Oh, that is Secretary of Commerce, Howard Lutnik's new modified Escalade ESV armored limo, equipped now with Starlink Performance Terminal.
[SPEAKER_01]: Maybe they should paint black, but that's branding.
[SPEAKER_01]: It is brand.
[SPEAKER_00]: Although it should say SpaceX on it is shit But everyone now knows that a white rectangle pointed at the sky means darling So people who like they could do like a good ad for like breaking bad Where you know he throws the pizza on the roof, but the box could be closed and everyone could be like oh man you got Starlink nice That's a great idea
[SPEAKER_00]: All right, Sam for a Patreon bonus stories.
[SPEAKER_00]: And we are happy to announce the second winner of our Patreon July giveaway.
[SPEAKER_01]: The EVJect Escape Connector goes to Timothy Triplet in Texas.
[SPEAKER_01]: Congratulations Timothy.
[SPEAKER_01]: So after that tragedy that happened in Idaho at the In and Out Burger on Saturday,
[SPEAKER_01]: today.
[SPEAKER_00]: I think it's made all of us more wear than ever that you have to stay alert and having one of these in the car we always have our EV jacked in our cars for peace of mind so that we can drive away even if we're plugged in.
[SPEAKER_01]: So congratulations again to our awesome Patreon Timothy.
[SPEAKER_01]: You'll be getting your EV jacked escape connector soon.
[SPEAKER_00]: And on Sunday, we'll be announcing our third July Patreon winner, so stay tuned for that.
[SPEAKER_00]: And don't forget, we have four awesome prizes this August for our lovely patrons.
[SPEAKER_00]: That's right, you can choose from another EV justice scape connector.
[SPEAKER_00]: I'm on a Y canopy.
[SPEAKER_01]: A model Y from cooler or the Tesla on the road vessel.
[SPEAKER_00]: And please join us today on Patreon for our Patreon bonus stories.
[SPEAKER_00]: We'll see you there.
[SPEAKER_01]: We're back from Patreon bonus stories time for the shoutout to who we got.
[SPEAKER_01]: Bradley Ruoff, Cooper Cash, James Gills, Mark Hall, and Tricksie Blue.
[SPEAKER_01]: Thank you so much.
[SPEAKER_01]: We can't do the show without you guys.
[SPEAKER_01]: All right, so for Elon's exes of the week.
[SPEAKER_01]: Nick says breaking Apple file for preliminary injunction against OpenAI and asked a federal judge to put them under forensic supervision.
[SPEAKER_01]: And Elon said, can't trust OpenAI.
[SPEAKER_01]: Now, do you think the judge is going to use AI to do some of the work?
[SPEAKER_00]: Hey ChattyPT!
[SPEAKER_01]: Should I... Quantos en Junchon?
[SPEAKER_01]: SpaceX is partnering with Nvidia to design these StarMind AI1 satellite compute payload.
[SPEAKER_01]: Each of the StarMind satellites will include Nvidia Ruben GPUs and Vera CPUs for data center class space compute.
[SPEAKER_00]: And you'll now set the same StarMind V1 satellite design, minus Solar and Radiator, will be deployed on the ground in our data centers.
[SPEAKER_00]: It's a major improvement in data center efficiency.
[SPEAKER_00]: So you're gonna have a satellite on the ground?
[SPEAKER_00]: Elon said SpaceX has committed to using Nvidia GPUs exclusively because they are the best.
[SPEAKER_00]: Elon said I love futuristic art deco.
[SPEAKER_01]: Jonah Kat says the SpaceX mug with Mars on it was Terraform's green when hot waters added has been a huge hit in my crowd.
[SPEAKER_00]: Elon said my favorite piece of merch other than the not a flamethrower.
[SPEAKER_01]: I got that mugged and for the longest time I didn't know what was the big deal about the Mars on it until I poured some hot liquid into it.
[SPEAKER_01]: Elon said there's no such thing as magic ground that makes some places prosperous and some not.
[SPEAKER_01]: If you teleport to the people of Japan to anywhere else, that place would become Japan.
[SPEAKER_01]: Peter D. Montes says if the price of a trip to orbit fell to the price of a great vacation would you go, I most certainly would.
[SPEAKER_00]: Elon said it will and then to the moon too.
[SPEAKER_01]: You'll let's say 99% of compute long-term will be for inference.
[SPEAKER_01]: Nikita Bear is stepping down as X's head a product, so Jojo the coin said, rock realizing that it's the new X-head of product.
[SPEAKER_01]: Nikita said only a matter of time to be honest.
[SPEAKER_01]: Shivanzilis says me every time a new Chimoth meme drops.
[SPEAKER_00]: You know, it says it kind of like to my style to be honest, we should update fashion for 2026.
[SPEAKER_00]: The standard suit and tie or t-shirt and jeans is just too basic.
[SPEAKER_00]: Even though that's basically... That's the classic.
[SPEAKER_00]: That's just been his classic, the whole time.
[SPEAKER_00]: Are we gonna have to start wearing turntablex sweaters?
[SPEAKER_01]: It's gonna get hot in here.
[SPEAKER_00]: I don't know, I think he's probably pushing for the...
[SPEAKER_00]: These stripes suit with the boats.
[SPEAKER_01]: Just gonna be the one-piece silver suit with the V-stripe and the booths.
[SPEAKER_01]: Thank you so much for joining us today, everybody.
[SPEAKER_01]: Don't forget to enter for your chance to win great prizes over on Patreon.
[SPEAKER_01]: Just a book a month gets you all of our Patreon bonus stories and chances to win four great prizes this month.
[SPEAKER_01]: So what are you waiting for?
[SPEAKER_01]: We'll see you guys again on Sunday.
[SPEAKER_01]: Bye-bye.