Anthropic's leaked prospectus shows $518B in compute commitments. OpenAI shipped near-Astra smarts at a fifth of the price and is reportedly raising at $1.4T. SpaceXAI finally made orbit. Saronic broke ground on its shipyard and booked a fleet of autonomous ships the same day. Kalshi lost in the Sixth Circuit and is reportedly raising at $40B anyway. Lambda is paying its own power bill. Gecko Robotics got NVIDIA's safety stamp. Varda raised $251M to make drugs in orbit. Valar Atomics wants to put 456 reactors in the Utah desert. Let's get into it. 📈 Portfolio Pulse 🧠 @AnthropicAI posted nearly $4.6B in revenue against an $8B+ operating loss and $518B in mostly locked-in infrastructure spend in its leaked prospectus, eyeing a raise of up to $100B at $2T+ likely after the midterms, while shipping a faster, cheaper Sonnet 5.5 and splitting a DC Circuit loss with a Trump dinner. 🤖 @OpenAI launched GPT-6.1 Sol at one-fifth of Astra's price plus always-on dots agents, reported 1.2B weekly users, and is reportedly in early talks to raise $30B+ at around $1.4T, even as image-leak disclosures and an Australian Senate inquiry add pressure. 🚀 @spacexai took Starship to orbit for the first time on Flight 14 despite an early Raptor shutdown and off-target splashdown, while Musk says Colossus 2 runs 550k Blackwell chips and could top 1.2M by year end. ⚓ @Saronic broke ground on its $3B+ Port Alpha shipyard in Brownsville and won a Navy production award for the 180-ft Marauder in a 30-vessel MUSV program, though its own contract value remains undisclosed. 🎯 @Kalshi dropped to 1-for-3 in circuit courts after a Sixth Circuit loss on sports contract preemption and moved to end its volume incentive program, yet is reportedly near a $1B raise at roughly $40B, nearly double its May valuation. 🏗️ @lambdamarkets1 is building an Oklahoma AI data center while paying 100% of its own energy costs with closed-loop cooling, a signal that self-funded power is becoming the cost of getting permitted. 🦎 @geckorobotics was named a launch partner on NVIDIA's Open Agent Safety Platform, using OpenShell as an independent enforcement layer on its Navy-deployed Komodo robot, turning auditable safety into a sales edge. 💊 @VardaSpace closed a $251M Series D at a $1.6B valuation led by Lux and Natural Capital, bringing total funding to $598M ahead of its first two-capsule flight on Transporter-18. ⚛️ @valaratomics filed with BLM for Project Beehive, a roughly 9.6 GW, 456-reactor data center power site in Utah targeting first reactors in 2028, with permitting and local buy-in as the real hurdles. 👀 Watch List ☀️ @Helion_Energy quietly softened Orion's 2028 goal from electricity to initial operations, with full power now pegged at 2029 or later, putting its Microsoft grid deadline at risk.