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The Falcon 1 is small potatoes now, but reporting on its development is really what got me hooked on @SpaceX. Loved the tales of a bunch of 20 somethings stuck on Kwajalein Atoll trying to make a rocket fly. The company ended up being one tiny error on the fourth launch from going out of business, but it somehow launched and survived. Am still so amused by @elonmusk reading rocket books post PayPal and now getting to this point. Seems just about impossible. Is a shame there has not been a movie made about these times. Hollywood kinda hates Elon and doesn't want to see it made, but it's the ultimate next chapter to The Right Stuff.

TOY STORY pre-sales are absolutely insane and the movie is heading for the biggest opening day of the year to date next week. It’s on track for a $155M–$175M domestic debut and $350M–$400M worldwide.

🚨 THE US REGULATORY SYSTEM JUST BROKE In 48 hours, SpaceX goes public at $1.77 TRILLION - the biggest IPO ever I've been trading for over a decade, and I have never seen them rewrite the rulebook like this Nasdaq, MSCI, and the biggest brokers in America all bent their own rules for ONE private company That doesn't happen by accident Let me show you exactly what they did: First, Fidelity dropped its minimum account size from $500,000 to $2,000 A 99.6% cut Think about that: The most exclusive door on Wall Street, thrown wide open to millions of small investors - days before the biggest debut in history. Ask yourself one question Why do they suddenly want YOU in? Because somebody needs people to sell to. SpaceX reserved 30% of the deal for retail THREE TIMES the normal share And even then, most people didn't get a full allocation. So to grab more at Thursday's open, they're dumping everything else TODAY to raise cash. That's half of the selling you're seeing. The other half? The smart money front-running July. Here's the trick: SpaceX doesn't join the Nasdaq 100 on day one. It joins 15 days later, because Nasdaq cut its own waiting period from 3 months to 15 days Just for this. The moment it joins, every QQQ fund on Earth is FORCED to buy. $22–27 billion in automatic buying. Translation: imagine 50 buses all forced to pull into the same gas station on the same morning. The funds know the stampede is coming. So they're selling now to free up cash for it. Retail selling. Institutions selling. At the exact same time. THAT is your selloff. Now here's the part nobody will say out loud: When the most connected money on the planet builds a $1.7T exit door and hands the keys to the smallest investors in the market… That's NOT generosity That's distribution at the top. We've seen this movie twice: ➮ 2000 Dotcom ➮ 2021 SPAC mania Insiders cash out at insane valuations while the crowd chases the hype. The math ain't mathing. So you've got two choices in the next 48 hours: Chase the most expensive IPO in history at the open… Or read the prospectus and realize you might BE the exit. The next few days will be INSANE, but don't worry - I'll break down every move as it happens, like I always do. Like it or not, I called every major top and bottom of the last decade publicly. I'll call this one too. Many people are going to wish they followed me before June 12, 2026. Soon, you'll understand why.

Roam AI Creative Challenge is coming. This time, we’re recreating the classics.✨ Classic movies. Famous images. Vintage moments. Memes. Anything iconic — rebuilt with Roam AI. 🏆 22,000 $ROAM Prize Pool 🎨 Best Recreation 🌀 Best Remix 😂 Best Meme How to join: 1.Create with Roam AI 2.Comment under the campaign tweet 3.Include your work + original reference + Roam App referral code Campaign runs June 10, 8PM – June 24, 8PM PST. Full rules:

$LMND is in a war most investors still don’t understand. Not just a war for customers. A war for narrative. A war for credibility. And ultimately, a war for its cost of capital. That matters because public markets do not merely observe a company’s trajectory. They can shape it. A company with a trusted narrative gets patience, liquidity, talent, strategic freedom, and cheaper capital. A company trapped inside the wrong narrative pays a tax on every ambition. Lemonade is still widely framed by many as an unproven, money-losing insurtech experiment. But the operating data has been moving in the opposite direction. IFP is growing. Revenue is accelerating. Gross profit is scaling. Loss ratios have improved materially. Cash flow is inflecting. The company is no longer asking investors to believe in a concept. It is increasingly asking them to reconcile their old model with new facts. And I have seen this movie before. First with Apple. Then with Tesla. In both cases, the market spent years debating the wrong questions while the business quietly answered the important ones. The consensus kept focusing on what the company used to be, or what incumbents wanted it to be, while the operating model kept compounding underneath. Lemonade is not Apple. Lemonade is not Tesla. But the pattern is familiar: a misunderstood company, a disruptive operating model, a hostile narrative environment, and a widening gap between perception and execution. That gap is where the opportunity lives. I have spent twenty years studying disruption as an investor. I also spent twenty years inside financial markets infrastructure, transformation, and business management. Those two tracks have rarely felt as connected as they do here. This is not about blind faith. It is about pattern recognition, operating evidence, market structure, and narrative reflexivity. The short interest is not the thesis. The business is the thesis. But when a company is executing and the market remains anchored to an outdated story, narrative becomes part of the battleground. And when that narrative affects valuation, liquidity, and cost of capital, it becomes more than noise. It becomes strategic. I am long $LMND because I believe the market is still underestimating the scale of what is being built. I could be wrong. That is always possible. And I invite the scrutiny. But I know what this setup looks like. And I know how rare it is. So strap in. Because history may not repeat itself. But it all too often rhymes.

我想，就算給我千百個理由， 那天的傷痛，我大概還是忘不了吧。 ---------------------------------------------- POV: When you're broke but still trying to make a romance movie. #愛情##失戀##悲傷##我還是愛著##給我一個理由忘記#

This week, the Everybody's Business podcast asked moviegoers which summer movies they are most excited to see. @Lucas_Shaw joins @svaneksmith and @chafkin to unpack why movies like Backrooms and Obsession coming from two young, YouTube-famous directors, have become surprise hits. Listen and watch at .