Key Points Wall Street’s most anticipated initial public offering (IPO) of 2026, SpaceX, will make its debut today, June 12. Several structural dynamics of the SpaceX IPO should allow insiders to cash out, leaving retail investors to hold the bag. Additionally, the debut of a leveraged SpaceX ETF threatens to separate retail investors from their…
Key Points I own Baron Partners Fund, which owned pre-IPO SpaceX for many years prior to its IPO. Ron Baron believes SpaceX could be worth $30 trillion by 2040. The opportunity he sees centers on Elon Musk’s vision. 10 stocks we like better than AST SpaceMobile › Ron Baron believes Elon Musk is the most…
Key Points The SpaceX IPO is here. Even after shares are made publicly available, investors should review the company’s IPO prospectus more closely. This 370-page document covers everything you need to know about SpaceX’s plans. There are many surprises in SpaceX’s IPO prospectus. Right off the bat, the company makes a bold claim. Will AI…
Key Points Oracle’s fiscal 2026 capital expenditures reached $55.7 billion, topping the $50 billion management had forecast. Nvidia and AMD supply the graphics processing units at the center of Oracle’s cloud build-out. Dell expects about $60 billion of AI server revenue this fiscal year. 10 stocks we like better than Nvidia › Oracle (NYSE: ORCL)…
Key Points SpaceX is targeting a hefty valuation of $1.77 trillion on only $18.7 billion in sales last year. Starlink is the company’s most profitable business, while it’s close to breaking even on launches and is losing money on xAI. SpaceX IPO investors may see only modest returns or losses over the first few years….
Key Points Technology and growth stocks have led gains in the S&P 500 over the past few years. Investors have piled into players such as artificial intelligence (AI) chip leader Nvidia and electric vehicle giant Tesla, for example. Those stocks have climbed 400% and 70%, respectively, over the past three years. Today, investors may continue…
Key Points SpaceX begins trading publicly on June 12 at a $1.77 trillion valuation and a $135 offer price — but retail investors will likely pay significantly more on the open market. With only 3% to 4% of equity being floated, thin supply and massive demand could drive a substantial first-day pop, similar to past…
Key Points The SpaceX IPO is nearly upon us. And investors around the world are grappling with the company’s lofty $1.77 trillion valuation target. Critical to that valuation target is the company’s fledgling artificial intelligence division. SpaceX estimates that its AI division alone is chasing a total addressable market of $26.5 trillion. If true, that…
Key Points The looming initial public offering of SpaceX is unsurprisingly drawing out predictions of the company’s future value. And, as you might imagine, some of them are shockingly bullish. None is as optimistic, however, as billionaire investment manager Ron Baron’s. He thinks SpaceX could be worth $30 trillion within the next 10 to 20…
Key Points Shares of Bloom Energy have fallen on concerns of slowing AI capex spending. The company is growing rapidly as more data center developers deploy its power solutions. Bloom still trades at a lofty valuation despite the recent stock slide. 10 stocks we like better than Bloom Energy › Bloom Energy (NYSE: BE) stock…