I'm not sure what all of you reading, but here are the full T&Cs (emphasis and comments added):
For AAdvantageŽ status qualifying year, defined as March 1, 2023 – February 29, 2024, the Primary credit cardmember will earn 10,000 additional Loyalty Points for fulfilling one of the following milestones: (1) after earning 50,000 Loyalty Points, or (2) after spending $40,000 in purchases that post to the cardmember’s account. You can only earn the first 10,000 additional Loyalty Points once in the AAdvantageŽ status qualifying year of March 1, 2023 – February 29, 2024 [i.e., you can't earn the [b]first 10,000 under both #1 and #2 -- it's #1 or #2].
Additionally, if in that same qualifying year, the Primary credit cardmember earns 90,000 Loyalty Points, the Primary credit cardmember will be awarded an additional 10,000 Loyalty Points. Total additional Loyalty Points that can be earned through this benefit is 20,000 in one qualifying year [i.e., the [b]second 10,000 is available in the current qualifying year].
Starting on March 1, 2024, and going forward, the Primary credit cardmember will earn 10,000 additional Loyalty Points after earning 50,000 Loyalty Points each qualifying year. If in that same qualifying year, the Primary credit cardmember earns 90,000 Loyalty Points, the Primary credit cardmember will be awarded an additional 10,000 Loyalty Points. Total additional Loyalty Points that can be earned through this benefit is 20,000 in one qualifying year.
Therefore, I think this is pretty clear you can get two 10,000 LP boosts in the current qualifying year. The only nuance is, because the year already started and some might have already earned it based on $40K CC spend, they have two ways to earn the first 10,000 LP boost, only one of which will be applied (i.e., whichever happens first). Starting next year, it will be consistent for everyone.