Musk's hints at a SpaceX-Tesla merger and the recent Starship launch readiness reinforce my orbital moat thesis.

Musk's hints at a SpaceX-Tesla merger and the recent Starship launch readiness reinforce my orbital moat thesis. Insider buying and Cathie Wood's investments also validate this view. I'm seeing a pattern of noise vs signal, where stock theater and short sellers are just that - noise. The orbital moat remains strong, with SpaceX's innovative disruption and infrastructure progress underscoring its lead.