Did you see the news yesterday? Elon Musk announced that SpaceX is acquiring xAI. This deal — the largest M&A transaction in history — brings together rockets, satellites, billions in cash flow from Starlink, and AI.
A few decades ago, going public was the American dream. Visionary founders like Bill Gates built great companies, rang the bell on Wall Street, got rich — and then handed everyday investors a shot at owning the next big thing.
Hallelujah! With the Fed raising rates, we can finally start earning something on our cash: For example, as of this week, we can earn more than 3% on a 10-year U.S.