

You Own a Lot of SPCX. Here's How to Think About Sizing It.
If you came into the SpaceX IPO already holding a meaningful position — through pre-IPO shares, employee equity, or a large allocation at listing — you're now facing a question every concentrated investor eventually faces. Not "should I own this," but "how much of this should I own." Most financial advice answers that question the same way, regardless of the stock: trim it down, spread it out, reduce the risk. That's a reasonable default for someone who got lucky on a random


Tesla and SpaceX Should Merge… But Not Like This
A Tesla–SpaceX merger could make a lot of strategic sense. That may surprise some people, given the way this conversation has been framed online. So let’s be clear up front. We are not anti-SpaceX. We are not anti-merger. We are not suddenly Tesla bears. If anything, the reason we’re talking about this is because we remain extremely bullish on Tesla, and we think Tesla shareholders need to be thinking about the terms of a possible merger before a deal is actually on the table


They Missed Tesla. They Missed SpaceX. Now They Want to Manage Your Win.
If you own SpaceX, the advice is coming. Maybe it has already started. Diversify. De-risk. Lock in the win. Move into private equity. Move into private credit. Buy real estate. Use a collar. Set up a prepaid forward. Build a custom index. Spread the risk around. Get sophisticated. It will all sound reasonable. It will all sound responsible. And some of it may even be useful in the right situation. But before you let anyone shrink the best investment decision you ever made, it







