I was right about SpaceX

Editor’s Note:  Former tech executive and angel investor Jeff Brown — picked Bitcoin before it jumped as high as 52,400%, Tesla before it jumped as high as 2,150%, and Nvidia before it jumped as high as 32,000%. Today, he’ll show you how to claim a stake in Elon Musk’s upcoming IPO — BEFORE the company goes public. Click here to see the details or read more below.

Dear Reader,

Over the past few weeks, I’ve been urging my readers to claim their stake in what I believe to be the biggest IPO of the decade.

And I’m glad I did.

Because over the last 21 days, three critical events happened in rapid succession:

✓ March 17th: SpaceX crossed 10,000 active satellites in orbit.

The estimated threshold for offering full service to most of the globe.

Two-thirds of every satellite circling Earth now belongs to ONE company.

✓ April 1st: Elon filed the confidential IPO paperwork with the SEC.

The public filing could drop any day now. And when it does, the stampede begins.

✓ April 6th: Another rocket launched carrying 25 more satellites.

Proving SpaceX isn't slowing down.

They're accelerating. Building the network that will become the world's first global internet carrier.

SpaceX just hit every technical milestone it needed to justify going public.

Everything I predicted is happening... right on schedule.

And there's still a small window to get in BEFORE the public can buy shares.

But that window is closing fast.

The moment the public filing drops, millions of investors will learn about this opportunity for the first time.

You won't be early anymore.

You'll be competing with the crowd.

And your shot at early gains will be gone forever.

See how to claim your stake in SpaceX before it’s too late.

We have so much to look forward to,

Jeff Brown
Founder & CEO, Brownstone Research

BREAKING NEWS

📉 S&P 500 Just Closed At Another All-Time High. Goldman Says 8,000 Is Coming.

The S&P 500 just closed at 7,563. A fresh all time high. Another one. Yes, we’re officially losing count.

If that’s not bullish enough, Goldman Sachs just went and raised their year-end target for the index to 8,000. That's another 5.8% higher from where we already are right now. Goldman is essentially telling clients the rally isn’t done, the music is still playing, and the door is still open.

Here's what's wild. This is happening while inflation is running at 3.8%, gas is over $4.55 a gallon, oil is still over $90, Iran got bombed again last week, and consumer sentiment just hit a record low. And yet, none of it matters to the market right now. Stocks keep going up anyway.

Here’s why they’re so bullish:

• Goldman's 8,000 target is built on three things. Strong corporate earnings. Continued AI spending. And the assumption that the Fed eventually cuts rates even if not this year. If any one of those breaks, the target probably gets revised lower.

• The S&P 500 has now posted its best run since late 2023. Eight straight weeks of gains. Every dip is getting bought instantly. That kind of momentum is hard to stop without a major shock and right now no shock is sticking.

• The biggest risk is probably not a huge crash. It’s the market slowly getting tired. Inflation stays sticky. Rates stay high. Earnings disappoint. The market doesn't usually fall off a cliff. It just quietly stops going up, and that is harder to spot until you're already months into it.

The Munch Take: Goldman raised its target to 8,000 and we love how bullish they are. However, we’d love it even more if inflation weren’t so hot, if oil came down and if we got an end to the war. But for now, the market doesn’t seem to care. We’re in pure momentum mode which is both the best and the most dangerous type of market to be in. Enjoy the green but keep some cash on the side. Don’t confuse a rising chart with a solved problem.

You Can't Buy SpaceX Yet. But You Can Own What It's Pulling Higher. (Ad)

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STOCK OF THE DAY

❄️ Snowflake Just Had Its Best Day Ever. Nearly 40% In One Session.

Snowflake ($SNOW) just surged nearly 40% in a single trading day. That's not a typo. The stock erased an entire year of losses in one session after exceeding earnings expectations and announcing a massive $6 billion deal with Amazon AWS.

The numbers were strong. Revenue jumped 33% year over year to $1.39 billion, beating expectations of $1.32 billion. Earnings came in at $0.39 per share against expectations of $0.32. Every metric Wall Street cares about came in better than expected.

But the real driver was the AWS deal. $6 billion over five years. The deal locks Snowflake into Amazon's AI buildout. Snowflake isn't an AI company. It's the data infrastructure that AI runs on. That distinction just became extremely valuable.

📈 The Bull Case:

• Revenue growing 33% with a $6 billion long-term contract locked in from one of the biggest cloud providers on earth is exactly the kind of setup that turns a forgotten stock into a winner. The visibility is enormous.

• Snowflake had been down 20% in 2026 before this move. The expectations going into earnings were rock bottom. Now the story has completely flipped and the stock has fresh momentum behind it for the first time in over a year.

• Every AI company needs data. Snowflake organizes data. As AI spending continues to grow across the industry, the demand for the company's services should grow right alongside it.

📉 The Bear Case:

• The stock just moved 40% in a single day. That kind of explosive move often gets sold into by traders taking profits. The momentum is real but so is the temptation to lock in gains.

• Snowflake still trades at a premium valuation even after this rally. A lot of future growth is now priced in and any disappointment in the next few quarters could send the stock back down quickly.

• The AWS deal is fantastic news but it also creates a heavy reliance on a single customer. When one partnership accounts for that much of your forward revenue, the relationship becomes a risk as much as it is a strength.

The Munch Take: Snowflake just had the best day of its entire existence and wiped out a year of losses in a single session. That's the kind of move that makes traders feel like geniuses and latecomers feel sick. The business really is better today than it was last week. The AWS deal is real. The earnings are real. But the stock moved 40% in one day and most of the easy upside is now baked in. Whether this is the start of a new bull run or a one-day spike that fades is a question nobody can answer right now. My wife asked if we should buy Snowflake. I said it just went up 40% in a day. She said "so it’s working?" That is either the best argument I have ever heard or the worst. I genuinely cannot tell.

🍪 Munchy Memes

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