[chucksmash]

I think when Elon said "there will be a single seam weld" (which I also remember), he meant this in comparison to the current welds.

It's been 12 hours and I only skimmed the video, so I might be misremembering what he said. My understanding was this: Mk1 is welded from plates so at each layer of the stack you have n-1 welds holding the n plates together. My understanding of his comment was that the steel coils will wrap around the major axis of the rocket but instead of each layer containing n-1 welds to join n plates, there will just be one weld in each layer to join the beginning and end of that coil. That would still leave you with welds joining the different layers of coils but only one "seam" weld along the rocket's major axis.