The Real Eisman Playbook — The SpaceX IPO: Science Fiction or Serious Investment? | The Weekly Wrap

- SpaceX plans a June 12 IPO, filing an S‑1 that earmarks 30% of the offering for retail investors to support a $1.75‑$2 trillion valuation. - Nasdaq altered its listing rules, allowing SpaceX’s 5% float to join indices within 15 days and applying a three‑fold weighting to boost its index impact. - In 1Q 2026, SpaceX generated $4.7 billion in revenue (15% YoY growth) but posted a $1.9 billion loss, with connectivity contributing $3.3 billion and a profit, while space revenue fell 28%. - Salesforce reported adjusted EPS of $3.88 versus $3.12 expected and revenue of $11.13 billion, but its guidance missed forecasts, leaving the software sector’s outlook muted. - Dell posted a 39% revenue increase and 45% EPS surge, raising its guidance for the next quarter and full year as AI‑related capital spending fuels demand. - A hedge fund trimmed its Bank of America holding by over 70% and reallocated to S&P Global and Moody’s, prompting discussion on banks’ thin NIMs and the ethical considerations of rating agencies’ past practices. Watch on YouTube