u/ohawk1

Let me acknowledge upfront that this is total speculation. That said, Fermi retaining Alex Spiro (despite having Paul Weiss on retainer as company counsel) just screams that Elon is involved here in some way. My guess is that SpaceX is around the hoop here but is hamstrung until the Toby situation is resolved. As a result, Elon recommended 'his guy' to the company to help facilitate a resolution. Below is excerpt from Alex Spiro's Wikipedia page which shows Elon has a history of dropping this guy into situations like this. Maybe I am nuts and it's hard to believe this is a coincidence.

__

"In December 2019, Spiro defended Elon Musk in a defamation case raised by Vernon Unsworth from statements made relating to their involvement in the Tham Luang cave rescue. The jury ultimately found Musk not liable.^([38]) Spiro also represented Musk in a suit brought by shareholders over Tesla acquiring SolarCity.^([39]) In 2023, the presiding judge declared Musk not liable for pushing shareholders to overpay for the SolarCity acquisition.^([40])^([41])

In 2022, after Musk took control of Twitter, Spiro was appointed to oversee Twitter's legal, marketing, and trust and safety teams.^([6])^([42])

In February 2023, Spiro represented Elon Musk in a securities fraud trial, leading to a verdict that found Musk not liable. The investors in the trial had alleged that Musk misled them when he tweeted in 2018 that he had 'funding secured' to take Tesla private.^([43])

Spiro also represented Tesla in a retrial involving a lawsuit filed by former contract worker Owen Diaz. Initially, Diaz was awarded $136.9 million in damages for facing racism at Tesla's premises. However, after an appeal and a new trial with Spiro on the defense team, the damages were reduced to approximately $3.2 million.^([44])

In March 2024, Spiro represented Elon Musk in a defamation lawsuit from Benjamin Brody that accused Musk of falsely suggesting that Brody was a government agent who participated in a neo-Nazi brawl.^([45]) Spiro faced sanctions over the case for "unauthorized practice of law" due to not being licensed to practice in Texas, where the case was brought.^([46]) A Texas judge dismissed the sanction requests in March 2024, allowing Spiro to continue serving as Musk's lawyer in the defamation case.^([47])^([48])

In December 2024, he defended Musk after the SEC renewed its investigation into Neuralink.^([49])

In September 2025, Spiro was appointed to the position of Chairman of the Board of Directors at CleanCore Solutions, as part of a deal to create the first "Dogecoin Treasury."^([50])^(")