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Starship transiting the Sun this morning during Flight 14 — prior to this morning's mission, this has never been captured before with the world's largest and most powerful rocket. I’ve ached over this shot for years, mainly for two reasons: what does methane exhaust look like silhouetted against the Sun, and how violent are the acoustic energy waves from 33 Raptor engines on the Super Heavy booster? Well...now we have an answer. 📸 - @NASASpaceflight

Folks less familiar with Aave often ask me how I think about Aave’s potential markets. I like to measure them through addressable collateral. The bigger the universe of assets that can be used as collateral, the bigger the lending opportunity. We started with crypto, expanded into securities through Coinbase Tokenized Stocks and Horizon RWAs, and will eventually help accelerate the world’s transition toward abundance: solar, batteries, GPUs, robotics, and space infrastructure. I believe this transformation will continue through 2050. Aave’s goal is to accelerate it by a decade by funding the assets that power abundance. Stay ambitious.

The world’s markets are undergoing a once in a generation transition. We’ve spent the last year building ATLAS (Aggregated Trading Liquidity and Settlement), a first-of-its kind, headless exchange designed for the future of global markets. It combines the performance and fairness of a traditional exchange with the verifiability and self-custody of a decentralized exchange. The best of a CEX meets the best of a DEX. ATLAS has been built alongside the world’s leading financial institutions and is designed to deliver fair, performant markets around the globe. It delivers deep, global liquidity for both open and institutional trading venues.

Elon Musk sent every Tesla employee a memo that took authority away from their managers and handed it to them. He never asks for more hours. Every rule moves a decision closer to the person doing the work. Musk: “Excessive meetings are the blight of big companies and almost always get worse over time.” Companies have a role for everyone who creates process and no role for anyone who removes it. Meetings and approval chains survive because removing them was never anyone’s job. Musk: “Walk out of a meeting or drop off a call as soon as it is obvious you aren’t adding value.” Attendance has always been treated as proof of commitment. He made it worthless, and contribution became the only thing that counts in the room. Musk: “It is not rude to leave, it is rude to make someone stay and waste their time.” Ordinary manners protect whoever called the meeting. He moved that protection to everyone else sitting quietly with real work waiting on them. Musk: “Don’t use acronyms or nonsense words for objects, software, or processes at Tesla. Anything that requires an explanation inhibits communication.” Internal vocabulary converts knowledge into status and charges every newcomer a fee to participate. A company that speaks plainly can absorb talent at full speed. Musk: “Communication should travel via the shortest path necessary to get the job done, not through the chain of command.” Most good ideas die in transit, three levels below anyone with the power to act on them. Musk: “Any manager who attempts to enforce chain of command communication will soon find themselves working elsewhere.” The only threat in the entire memo. A manager who insists on being routed through is buying his own relevance with everyone else’s time. Musk put a price on it. Musk: “Always pick common sense as your guide. If following a company rule is obviously ridiculous in a particular situation, the rule should change.” Following a bad rule normally shields you. Exercising judgment exposes you. He flipped which one carries the risk, and every rule now has to earn its place against the person applying it. Every institution drifts toward protecting its own comfort. The ones that keep building are held together by people who rewrite the rules back down to something a single person can act on. Nothing on that list requires a budget, a headcount, or a title. You can run the entire memo from wherever you are sitting right now. Most people never test it and never learn it was permitted the whole time.

Any person who thinks it is fair for biological males to compete against women in physical sports is an idiot. There's a reason why it only goes one way; biological women never transition and excel in men’s sports. Men have: - More testosterone - More muscle mass - Less body fat - Larger heart and lungs - Greater bone density - More red blood cells (absorbing oxygen) PS - Even chess is segregated, because our brains are wired differently too.