Get details and tickets here Happy Friday. SpaceX is trading $SPCX ( ▲ 19.02% ) and I think I am the only person who does not own a share. The stock has opened up and shot past $2 trillion making Elon a trillionaire. Mamdani, AOC, Bernie or Liz Warren...

It’s SpaceX Goes to Market Day — and not any Friday. The record books were rewritten: $75 billion raised at $135 per share, a $1.77 trillion valuation — the biggest IPO of all time — against a 5x oversubscribed global book. Ticker: SPCX. Today’s theme:...

Well, it’s done and launched. As we’ve all heard from so many sources already, the long anticipated SpaceX/xAI IPO was officially priced on Thursday at $135, raising $75 billion as expected. At an euphorically aspirational valuation of $1.77 trillion. A...

Good afternoon everyone… If you have not heard of ‘Agentic Trading’ yet, you will be hearing it endlessly for the forseeable future. I find myself in the center of this trend because Stocktwits of course and our seed investments in Alpaca (fund 3),...

Today’s theme: the AI industry’s perceived ‘Ludicrous Speed.’ Before anything else — watch the iconic 3+ minute ‘Ludicrous Speed’ clip from Spaceballs (1987). It’s the speed metaphor that’s run through the AI debate for four years — Elon literally put...

Global Germany is spending big to revive its rail system. (giftarticle.ft.com) Sweden’s wage inequality is markedly lower than the U.S. (arindube.substack.com) Why Russia has hobbled its own internet. (giftarticle.ft.com) North Korea’s economy...

Anthropic has finally released ‘Fable 5’, its much heralded and renamed Mythos model in a ‘safer’, and pricier, ‘a la carte’, version than its previous Claude Opus 4.8. Both of the elements are worth understanding as notable trends this AI Tech Wave....

Today’s theme: everyone’s ready for seconds. The AI ‘Wall of Worry’ is receding and AI trades are getting ‘more crowded’ — green lights flashing faster, which itself means more reasons to keep watching. Especially in the week SpaceX/xAI prices its...

Podcasts Cameron Passmore and Benjamin Felix talk with Ben Carlson, author of “Risk and Reward.” (rationalreminder.libsyn.com) Peter Lazaroff talks with Prof. Henrik Bessimbinder about the long term record of the stock market....

Paraphrasing an iconic Intel campaign, it’s Apple’s AI strategy, with ‘Google & Nvidia Inside’. Let me unpack. The suspense over around AI Siri with WWDC 2026 yesterday. With positive reviews. in these early, pre-release days. Some even echoing my...