[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

[@transhumanica](/creator/twitter/transhumanica)
"Mach33 published analysis on Echostar ($SATS) which validates our thesis and provides additional details on the spectrum situation including a before/after diagram. They estimate minimum IRR of XX% through 2030 for $SATS investors as SpaceX goes to $2T. Link to their article below"  
[X Link](https://x.com/transhumanica/status/1975983790393786478) [@transhumanica](/creator/x/transhumanica) 2025-10-08T17:57Z 3621 followers, 3742 engagements


"Updated Echostar $SATS sum-of-parts balance sheet now at close to $XXX NAV with $SATS trading at $XXXXX per share. XX% free upside to catch up to NAV. Still the best vehicle for $SpaceX investors in the public market by far"  
[X Link](https://x.com/transhumanica/status/1976383692668092857) [@transhumanica](/creator/x/transhumanica) 2025-10-09T20:26Z 3621 followers, 4430 engagements


"Echostar $SATS SpaceX treasury explainer: 1) What's inside X SATS share price targets call options trade idea 2) Catalyst calendar risks & rebuttals 3) Comp to $DXYZ a fund that also holds $SpaceX & trades at XXX% premium vs. XX% discount for $SATS 4) Balance sheet analysis"  
[X Link](https://x.com/transhumanica/status/1976390831738397133) [@transhumanica](/creator/x/transhumanica) 2025-10-09T20:54Z 3621 followers, 10.6K engagements


"$SATS's and its subs' debts are reported on a consolidated basis in financial statements (as required by GAAP) but operationally and legally they arepartitioned by entity. EchoStar hasno direct legal responsibility to pay those subsidiary obligationsunder the current corporate structure. Each set of notes has its own indenture with covenants monitored at the issuing entity level. We found no evidence in SEC filings investor calls or bond prospectuses of any parent-company guarantee or co-liability for the debts of EchoStar's Pay-TV or Hughes subsidiaries"  
[X Link](https://x.com/transhumanica/status/1977779883246755896) [@transhumanica](/creator/x/transhumanica) 2025-10-13T16:54Z 3586 followers, XXX engagements


"Must-see video and thread on Kraken Robotics - lays out the thesis cleanly well researched. $PNG.V $KRKNF"  
[X Link](https://x.com/transhumanica/status/1975204761210417551) [@transhumanica](/creator/x/transhumanica) 2025-10-06T14:21Z 3617 followers, 9152 engagements