[Bullish] Holding period: 3-5 years minimum, riding through the 180-day lockup.

Three pillars I'm watching:

1. Starlink ARR run-rate. They were doing about USD 7B in 2024, trajectory points to USD 12-15B by end of 2026. Hit USD 25B in 3 years and the SaaS valuation case writes itself.

2. Starship reusability. Cost per kg to orbit drops below USD 100, the entire defense + cargo TAM unlocks.

3. xAI ecosystem. Musk's flywheel between Tesla data, X's social graph, and Starlink edge compute is the real moat people are sleeping on.

Target USD 280 in 24 months. Entry is rich, yes. But you don't get to buy the platform of an industrial revolution at fair value. Already in at USD 138 on the open, screenshot below.