4 min read

⛵ Musk Chooses The Moon

Plus: AI Driven Jobless Growth, The Software Countdown

Good Morning, Early Adopters!

Ambition is moving away from Earth just as economic pressure intensifies on it.


SPACE

Musk Chooses The Moon

👀 What’s happening: SpaceX has deprioritized Mars in favor of building a self growing lunar city. Elon Musk says a Moon settlement can be achieved in under ten years, with an uncrewed landing planned for March 2027. Mars remains the goal, but the execution order has flipped.

🌍 How this hits reality: This reframes space settlement as an engineering throughput problem. The Moon is three days away, not six months. Hardware cycles tighten. Failure is cheaper. Starship reuse, orbital refueling, robotics, power generation, and comms can be stress tested continuously. That feedback loop matters as capital intensity rises and timelines compress.

Key takeaway: This is first principles Musk. Minimize distance. Maximize iteration. Prove a self sustaining off Earth system where failure is cheap and learning is fast. Mars stays the endgame, but the Moon is the shortest path to making civilization multi planetary.


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REPORT

AI Growth Is Killing Jobs Everywhere

👀 What’s happening: Citigroup warned that China’s AI driven new economy is now strong enough to offset the property slowdown at the macro level, while failing to generate jobs or lift sentiment. Its research estimates AI could affect 31 percent of the workforce, roughly 157 million roles, with about 70 million facing direct replacement risk. Output rises. Employment does not.

🌍 How this hits reality: This is not a China specific pattern. In the United States, Amazon alone has cut close to 30,000 jobs across tech, logistics, and corporate roles. AI lifts output faster than labor demand, especially in services once seen as safe buffers. When productivity gains compress headcount, consumption weakens. If 20 to 30 percent of roles are reshaped globally, wage growth, urban demand, and social stability all come under stress.

Key takeaway: AI driven jobless growth is becoming a global structural shift. Early layoffs appear isolated, but they sit at the leading edge of a broader reset. Without deliberate moves toward human augmentation and income smoothing, economic growth will continue to decouple from social resilience across markets.


SOFTWARE

AI Started the Software Countdown

👀 What’s happening: Morgan Stanley flagged that AI driven disruption in software has crossed a line. This is no longer about stock multiples. Fear is now hitting the loan market. Software represents roughly 235 billion dollars of a 1.5 trillion dollar US loan pool, and lenders are starting to price in business model failure, not volatility.

🌍 How this hits reality: Nearly half of software loans sit at B minus or worse in the US. Over 80 percent belong to private firms with limited transparency. At the same time, 46 percent of software debt comes due within four years. AI cuts pricing power, shortens product lifecycles, and erodes renewal confidence. That will hit credit before companies can even adapt.

Key takeaway: Software companies will exit faster than expected. Credit does not wait for roadmaps or pivots. When refinancing windows close, weak AI exposure forces sales, fire drills, or shutdowns. The software graveyard will fill through balance sheets, not headlines.


DAILY TL;DR

  • Musk said SpaceX is prioritizing building a self-growing city on the Moon, delaying its Mars plans and targeting an uncrewed lunar landing in 2027.
  • Hyundai is reportedly in talks to supply up to 50,000 autonomous IONIQ 5 vehicles to Waymo by 2028 in a deal worth about $2.5 billion.
  • Paramount sweetened its bid with ticking fees and breakup cost coverage to challenge Netflix, but Warner’s board continues to back the Netflix deal.
  • Runway raised $315 million at a $5.3 billion valuation to expand its world models, rivaling World Labs and Google.
  • Russia said Telegram broke local laws and will face tighter restrictions and fines, while authorities promote the state-backed MAX app.

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