The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Capital

Gravity

across 7 members — open each for the figure + sources

about Capital

aggregate of member nodes

Aggregate of 7 member claims — each member's sourced figures are below.


the working

Basis

aggregate of member nodes

Member claims 7

This is an aggregate — its evidence is the members' own claims.

  • SoftBank REAL GROSS (not thin) — Arm underpins the world's mobile silicon + ~60 Vision Fund …
  • MGX GROSS — anchors the AI-infra economy: Stargate ($500B target), GAIIP (w/ …
  • BlackRock thin — Aladdin monitors ~$21.6T assets (2020, a STOCK not a flow); Tech Services rev …
  • PIF real GROSS — the NEOM giga-project economy + $45B Vision Fund anchor + Humain (Saudi …
  • State Street GROSS — $51.7T assets under custody & administration (Q3-2025) is the value-orbit …
  • Vanguard GROSS — ~$12T orbiting; #1/#2 globally in index funds + ETFs, a benchmark-setting …
  • Fidelity GROSS — $17.9T assets under administration (Mar-2026) is the platform-orbit (recordkeeping …

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A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Capital.