Active Investing
Active-management perspective, portfolio positioning, and manager commentary.
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SpaceX Is Up 19% Since Its IPO. Here’s Why We’re Not Buying It
SpaceX SPCX jumped 19% after IPOing on Friday, and it’s off to another hot start this morning.
Chris Reilly -
SpaceX Just Became History’s Most Expensive Mega-Cap Stock
Investors are paying nearly 100X sales for the stock. What makes SpaceX worthy of such an eye-watering valuation? Data centers in space.
Stephen McBride -
Markets Are Sending a Message Investors Shouldn’t Ignore
We’re now seeing what happens when consensus gets shaken and momentum breaks. Some of the most reliable themes were shattered in recent days.
Steve Sosnick -
The SpaceX IPO Is Guilty Until Proven Innocent
Due to the unique mechanics of SpaceX’s IPO, I could see it having a stellar debut. It could surge out of the gate in its first week.
Stephen McBride -
If You Buy SpaceX, You’re Not Buying a Rocket Company
SpaceX has filed an application with the FCC to launch up to one million AI data center satellites into low-Earth orbit.
Chris Wood -
SPCX Is Firing Up: 3 Businesses to Breakdown
The space launch segment generated $4.1 billion in revenue in 2025 but posted a $657 million operating loss.
Lance Roberts -
My Problem With SpaceX
Today, it’s time to answer if SpaceX justifies its unprecedently high valuation and whether you should buy the stock on Day 1.
Stephen McBride -
What You’re Actually Buying When You Buy SpaceX Stock
It will be the largest IPO in history. Also the most hyped, displacing Meta Platform’s META 2012 IPO, which didn’t go well out of the gate.
Stephen McBride -
Don't Fear New Highs: What History Says Comes Next
That’s the case because history confirms that with the S&P 500, selling because an all-time high is printed isn’t a good idea.
Todd Shriber -
Quantum Stocks Just Got a $2 Billion Catalyst: 10 Names Leading Race
I screened all the quantum stocks traded in the US across 3 buckets. These names made the the top 10.
Chris Wood -
AI Was Supposed To Replace Workers. Job Openings Just Hit a 23-Month High
Stocks recovered from morning losses and leaped to fresh records today following an intraday JOLTS report signaling that corporations still need workers
José Torres -
Forget Nvidia? Why Micron Just Became AI’s Hottest Stock
Chris Reilly
