Dell Hits $167B, SpaceX Eyes $1.8T IPO, and Blue Origin Just Blew Up Its Rocket — Space Is Having a Week

$DELL is having an absolute moment. The company just raised full-year revenue guidance to $167 billion — a nearly 50% jump — with $60 billion of that coming from AI servers alone. CFO David Kennedy dropped 88% revenue growth and 214% EPS growth for Q1 on the call, and peers like $HPE (up 15%) and $SMCI (up ~10%) are riding the wave. Bloomberg's Stock Movers crew couldn't stop talking about it, and honestly, neither can Reddit's r/investing crowd.

Meanwhile, the space economy is going full telenovela. Tema ETF's $NASA ticker crossed $1 billion AUM in just 37 trading days on pure SpaceX IPO hype — SpaceX is now targeting a $1.8 trillion valuation and up to $75 billion raised, with formal marketing potentially starting June 4th. On X, retail is absolutely feral for this one. And then there's Blue Origin, which watched its New Glenn rocket turn into a very expensive bonfire on the launchpad at Cape Canaveral. Jeff Bezos called it 'a very rough day.' Sir, that is an understatement of galactic proportions.

The Dell AI trade is real, the SpaceX IPO frenzy is realer, and Blue Origin is a reminder that in the space race, second place is just first loser — with extra fire.