20 Jun 2026
Meet the SpaceX insiders Elon Musk trusts to run his $1.25 trillion empire
Everyone knows Elon Musk is the genius behind the biggest stock market debut of all time. But even a genius, in the immortal words of Jim Collins, needs a thousand helpers. So who, exactly, is helping him run SpaceX?
20 Jun 2026
The Cursor Acquisition Tells You Exactly Which AI Stocks to Own Next
Listen to the audio version of this article (generated by AI). Within days of its showy IPO, SpaceX ( SPCX ) has locked in a $60-billion deal to acquire up-and-coming AI coding agent Cursor . The price tag exceeds what Elon Musk paid for Twitter. In fact, excluding the $1.25 trillion merger between SpaceX and xAI , it’s Musk’s largest acquisition to date. SpaceX just raised $75 billion in the…
19 Jun 2026
Elon Musk and the Glory of Liberal Democracy
Elon Musk recently became the world’s first trillionaire, and the prevalent hostility to great wealth found its largest object yet. The claims: he is too rich and too powerful for our democracy, and his wealth should be redistributed to others. But Musk’s personal wealth is not the most socially salient fact about him. He demonstrates how private wealth not only improves markets and consumer…
19 Jun 2026
How to Hunt for Mega-Cap Value After the SpaceX IPO
Now that SpaceX (SPCX) is a public company, moving into the public arena, and the focus is squarely on that and upcoming glamour trades, I’m doing what I typically do. I’m looking elsewhere. I’ll catch y’all after some of the space stocks blow up. I’ve shifted to the top 20 U.S. mega-caps to hunt for value under the hood. At least on a trading basis, since so much of the market now reacts at…
19 Jun 2026
How a Wild Startup Just Changed Space Forever With This Stunning Move
SpaceX has not always been the industrial titan that dominates the modern aerospace sector. Long before achieving its current market share, the enterprise operated on the margins of the aerospace world, sustained primarily by venture capital, aggressive engineering goals, and an unproven thesis regarding vehicle reusability.
19 Jun 2026
A Trillion Dollars Isn’t Worth It If You Have to Be Elon Musk
"What shall it profit a man, if he shall gain the whole world, and lose his own soul?" — some homeless Palestinian Elon Musk is, at least on paper, the world’s first trillionaire. He reached that milestone on June 12, after SpaceX debuted as a publicly-traded company on the U.S. stock market at an initial offering of $150 per share. At the time of writing, that price has risen to about $185,…
19 Jun 2026
Elon Musk says his trillionaire SpaceX IPO is ‘inspiring’ for humanity. It could help smash US democracy as we know it
The disconnect between the ivory rocket ship of Silicon Valley and the rest of the country has never seemed more profound.
19 Jun 2026
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
19 Jun 2026
Rocket Report: Rebuild begins at Blue Origin launch pad; Relativity targets Mars
A French launch startup is scrapping the name of its rocket, apparently due to a trademark issue. NASA Administrator Jared Isaacman and Relativity CEO Eric Schmidt speak to employees about a new Mars mission. Credit: Relativity Space Welcome to Edition 8.46 of the Rocket Report! We don’t mention Starship in the body of this week’s report, so I’ll give a brief update here. The next test flight of…
