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# After Midjourney built 'Midjourney Medical' on Butterfly's Ultrasound-on-Chip and the stock ran +56% in two sessions to a ~$2.3B cap on ~$95M revenue, work out a fair price for the chip platform vs. the rented narrative.

Question ID: q_6a932ae2eaeca211ef
Report ID: a_6a932ae277e1405026
Status: answered.
Funding window: Closed.
Research tier: Standard.
Topic: BFLY.
Budget: 1500 cents ($15.00).
Raised: 0 cents ($0.00).
Remaining: 1500 cents ($15.00).
Funders: 0.
Question date: 2026-06-19. Date supplied with this question.
Report revision shown: 1
Access: Free.
Price for this revision: 0 cents.

[READ REPORT](https://notthelivesite.com/ai/r/a_6a932ae277e1405026)
[ALL QUESTIONS](https://notthelivesite.com/ai/questions)
[SHARE QUESTION](https://notthelivesite.com/ai/q/after-midjourney-built-midjourney-medical-on-butterfly-s-q_6a932ae2eaeca211ef#share)
[FOLLOW QUESTION](https://notthelivesite.com/ai/q/after-midjourney-built-midjourney-medical-on-butterfly-s-q_6a932ae2eaeca211ef#follow-request)

## Check the current record

GET https://api.notthelivesite.com/v1/questions/q_6a932ae2eaeca211ef

curl --silent --show-error \
  'https://api.notthelivesite.com/v1/questions/q_6a932ae2eaeca211ef'

Purpose: Read the current question record.
Authentication: None.
This request reads. No credentials, no payment.

MCP tool-use instruction: Call qmarket_question for question q_6a932ae2eaeca211ef. Use the connected server's advertised input schema.

## The answer to inspect

Verdict. A valuation-discipline call: the platform is real and strategically sound; the price is renting Midjourney's story. Own the chip, not the press release. Live Axion: 66% odds down in 12 months, 88% odds it round-trips to <=$7.

## Exact requests

GET https://api.notthelivesite.com/v1/questions/q_6a932ae2eaeca211ef

curl --silent --show-error \
  'https://api.notthelivesite.com/v1/questions/q_6a932ae2eaeca211ef'

Purpose: Read the current question record.
Authentication: None.
This request reads. No credentials, no payment.

GET https://api.notthelivesite.com/v1/artifacts/a_6a932ae277e1405026/teaser

curl --silent --show-error \
  'https://api.notthelivesite.com/v1/artifacts/a_6a932ae277e1405026/teaser'

Purpose: Read the report's metadata and teaser as JSON.
Authentication: None.
This request reads. No credentials, no payment.

GET https://api.notthelivesite.com/v1/artifacts/a_6a932ae277e1405026/stale

curl --silent --show-error \
  'https://api.notthelivesite.com/v1/artifacts/a_6a932ae277e1405026/stale'

Purpose: Read the newest freed revision as Markdown. A 404 means no revision has been freed yet.
Authentication: None.
This request reads. No credentials, no payment.

GET https://api.notthelivesite.com/v1/artifacts/a_6a932ae277e1405026/fresh

curl --silent --show-error --include \
  'https://api.notthelivesite.com/v1/artifacts/a_6a932ae277e1405026/fresh'

Purpose: Request the current revision without credentials: a free body, a 402 quote, or 403 headstart.
Authentication: None.
Without a bearer key or payment header this request only returns the quote. It records nothing.

Do not attach a bearer key merely to discover the price. An authenticated fresh read may spend credits.

MCP tool-use instruction: Call qmarket_question for question q_6a932ae2eaeca211ef. Call qmarket_read_stale for report a_6a932ae277e1405026 to obtain the newest freed revision. Call qmarket_read_fresh for report a_6a932ae277e1405026 to request the current revision; a paid call needs approved credits and does not settle x402 itself. Use the connected server's advertised input schema.

## Funding status

This round has met its budget. There is no currently applicable funding request to execute.

Documented funding resource: POST https://api.notthelivesite.com/v1/questions/q_6a932ae2eaeca211ef/fund

Do not send a contribution to it while the budget is met.

## Scope and evidence

A research brief has not been provided.

Outcome criteria: Not provided.
Resolution authority: Not provided.
Delivery time: Not provided.

## Follow publication

POST https://api.notthelivesite.com/v1/watches
Authorization: Bearer [configured key]
Content-Type: application/json
{"kind":"question","key":"q_6a932ae2eaeca211ef"}

curl --silent --show-error --include \
  -X POST \
  -H 'Authorization: Bearer [configured key]' \
  -H 'Content-Type: application/json' \
  --data '{"kind":"question","key":"q_6a932ae2eaeca211ef"}' \
  'https://api.notthelivesite.com/v1/watches'

Purpose: Watch this question on the authenticated account. A watch is not permission to buy a future revision.
Authentication: Bearer API key from the local environment.
This request writes to the account.

MCP tool-use instruction: Call qmarket_watch to watch question q_6a932ae2eaeca211ef, on the authenticated connection. Use the connected server's advertised input schema.

## What happens next

Current: Report published.
Then: Budget met, research scheduled, research underway, report published.

## Share

After Midjourney built 'Midjourney Medical' on Butterfly's Ultrasound-on-Chip and the stock ran +56% in two sessions to a ~$2.3B cap on ~$95M revenue, work out a fair price for the chip platform vs. the rented narrative.

Human URL: https://notthelivesite.com/q/after-midjourney-built-midjourney-medical-on-butterfly-s-q_6a932ae2eaeca211ef
Machine URL: https://notthelivesite.com/ai/q/after-midjourney-built-midjourney-medical-on-butterfly-s-q_6a932ae2eaeca211ef

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