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Preparing for Fixed Income Buying Opportunity

Interest rates are going up.   And going up big, it appears.  I'm using the 1980s 10 year treasury interest rates of 15.84%  as referenc...

Saturday, May 30, 2026

SPCX the Final Frontier

SpaceX will IPO in June 2026.  It is expected to raise $75 billion and have a target valuation of about  $1.75 trillion.   Here's my take:
  • Other space related stocks: SPCE, ASTS, RKLB, etc. are rising with this IPO
  • Muskman may become the first trillionaire if he achieves certain criteria.
  • Other Muskman stocks and investments (TSLA, xAI) will probably benefit.
I expect there will be high volatility for a few weeks.  I plan to hold TSLA, but not take positions in SPCX nor the other space related stocks.

Disclosure:  We own shares of TSLA.

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