He is deceiving
The scale of what is competing for the same capital. SpaceX is raising ~$75 billion. OpenAI filed at $852 billion. Anthropic at $965 billion. Combined hyperscaler CapEx is projected above $600 billion for 2026. Saylor framed it plainly: roughly $400 billion of AI buildout was funded in six months, while Bitcoin ETFs saw $4 billion in outflows since May 14. The capital pool is the same. The allocation decision is what changed.
Crypto data tells a different story: SpaceX exposure is building rather than draining.
SPCX pre-IPO perps have accumulated over $215 million in open interest and $2.2 billion in cumulative volume across Hyperliquid, Coinbase, Binance, and other venues
Polymarket's SpaceX outcome markets have drawn over $33 million in trading volume
Ondo Global Markets, which will offer tokenized SPCX the first day it hits Nasdaq, already crossed $1 billion in TVL in under eight months.
Capital is not just leaving crypto. It is also flowing through crypto to access SpaceX—via perps, tokenized equity, and prediction markets that exist nowhere else. The rotation story is real. But it is more complicated than money out. FROM
https://metamask.io/en-GB/news/spacex-ipo-spcx-capital-rotation-perps-rwa-predictions
Two little Hitlers will fight it out
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