SpaceX's $75B IPO Is Either the Trade of the Decade or the Bubble of the Century — YouTube Is Divided

What a weekend to be a finance YouTuber. SpaceX just pulled off the largest IPO in history — $75 billion raised, 4-5x oversubscribed, $350 billion in demand, closed up 19% at $161 from a $135 price, and handed Elon Musk a $2.2 trillion market cap and the title of world's first trillionaire. Bloomberg's pods are breathless. Andrei Jikh is sounding the alarm, calling out how Nasdaq quietly changed its index inclusion rules so passive 401k investors become captive buyers — with SpaceX, OpenAI, and Anthropic potentially funneling $4 trillion in new issuance into retirement accounts. Jim Chanos called the whole thing 'Elon hopes and dreams.' He's not wrong, but he's also been saying that about $TSLA for a decade.

Meanwhile, a US-Iran peace deal sent $QQQ and the S&P jumping 2.5% in after-hours, oil broke below recent lows, and Fundstrat's Mark Newton flipped from bearish to cautiously bullish in the same breath. Jeremiah Babe, ever the sunshine merchant, says enjoy the 'sugar high' — the money printing and deficit problems aren't going anywhere. Semiconductors ($SMH) hit their highest-ever weekly close, sitting just 3.7% from all-time highs per TheChartGuys.

Two creators, same charts, opposite conclusions — which honestly describes finance Twitter, your group chat, and probably your own internal monologue right now.