Elon Musk: A Different Conversation w/ Nikhil Kamath· Nov 30, 2025
Lean into scarcity and physics: own live-event assets poised to price scarcity, back U.S. mobile exposure insulated from Starlink’s urban limits, and keep measured optionality on Tesla’s near-term AI/robotics milestones.
Position Reasoning
Consumer/rural broadband overlap is most exposed to Starlink’s value proposition; Musk underscores LEO’s resilience and rural focus, pressuring legacy satellite churn and pricing.