$Destiny Tech100 Inc(DXYZ)$$Rocket Lab USA, Inc.(RKLB)$ After years of speculation, retail investors might finally get a chance to own a piece of Elon Musk's space venture. Reports suggest SpaceX is targeting a Nasdaq debut as early as June 12, with pricing expected the day before and a roadshow starting around June 4. With a rumored target valuation of $1.75 trillion and a raise of about $75 billion, this offering would surpass SaudiAramco's $29.4 billion debut by over 2.5 times, setting a new record for the largest IPO. It's easy to see why retail interest is so high. The company has transformed orbital launch economics and now operates the world's largest satellite constellation. SpaceX also folded it
$Tesla Motors(TSLA)$ The weekly chart is tightening up significantly. The last bearish crossover of the 9- and 20-week SMAs occurred in late March 2025, when the stock had already fallen nearly 50% and was in the process of bottoming. This time, however, the crossover has developed while the stock has held up relatively well in comparison.
$Apple(AAPL)$Gonna see some big downward revisions to the Job figures. Auto loan delinquencies are surging. No stimulus tailwinds to push up consumer spending like in the previous upgrade cycle. I think it's a nice stable name but with low earnings growth prospects. Iphone 16 isn't gonna be a game changer. Worth $170-$180.
I noticed a message on Weibo that a top fund manager on Wall Street warned that Morgan Stanley's short position in gold derivatives may exceed the bank's total assets. First, I am not sure about the authenticity of this news. Second, I believe that this news is not entirely groundless, as there must be a reason behind the rumor. Third, in my opinion, some financial institutions on Wall Street are being pressured by high-level government officials to suppress the price of gold. Otherwise, with the amount of gold purchased by various countries last year, gold would have already reached a historical high. Fourth, if this news is accurate, there is a high possibility that Morgan Stanley will be surrounded by other major players in the world, and gold may skyrocket. Fifth, even if this informat