June 12: $100 Turns Into $100,000?

The SpaceX IPO is scheduled for tomorrow, June 12th, and former tech executive Jeff Brown - who identified Bitcoin, Tesla, and Nvidia before major runs - says the window to get in early is closing fast.

Brown is showing investors how to claim a stake in Elon Musk's company before it hits the public markets. Once the IPO happens, this pre-public opportunity will disappear.

Click here to see how to get in before it’s too late

BREAKING NEWS

🏠 US Home Prices Just Surpassed The 2006 Housing Bubble. It’s Officially The Most Unaffordable Market In History.

In 2006, the US housing market was in a full blown bubble. Prices were at levels that made no sense. Then it all collapsed and took the global economy down with it. That crash became a movie. Most people know how it ended.

But here’s the uncomfortable update: Home prices have now surpassed that 2006 peak.

US home prices are currently at all-time highs and less affordable relative to income and mortgage rates than at the height of the 2006 housing bubble, after prices skyrocketed roughly 40% during the pandemic years. We didn’t just match 2006. We blew past it.

Here is why this time feels different and also terrifying at the same time:

• You now need to earn $120,000 a year to afford the average American home. The median household makes just $84,000. The gap between what Americans earn and what houses cost has never been wider. The average family can no longer afford the average home.

• Mortgage rates are above 7%. In 2021, they were below 3%. On a $400,000 home, that adds roughly $1,200 to the monthly payment. That is not just a higher mortgage. That is a car payment showing up every single month.

• Since 2017, home prices have jumped 81% and rents are up 54%. Average earnings? Up 43%. It does not matter whether you own or rent. The cost of keeping a roof over your head has outrun your paycheck.

The Munch Take: In 2006 people said housing prices could not keep going up forever. They were right. It just took two years longer than anyone expected and the crash that followed was catastrophic. Right now the market is more expensive than it was at that peak by every single measure. Does that mean you should automatically panic? No. Things can stay irrational for much longer than anybody thinks. It is however a great time to get your ducks in a row and plan accordingly. At the end of the day, no matter what, it’s only the people who don’t own any assets that will get left behind.

The Top 5 Space Stocks To Own Before SpaceX (Ad)

SpaceX is planning the largest IPO in history — and before a single share hits the market, it's already repricing everything around it.

Most investors are chasing the names making headlines. A few are studying the fundamentals.

This briefing shows you exactly which space stocks have the revenue, contracts, and catalysts to hold their gains — and which ones are just riding the narrative.

👉 Get the free Space Stocks briefing 

By clicking the link above, you agree to join Elite Trade Club emails and unlock complimentary insights from select partners. Privacy policy.

THE MARKET WATCH

📉 Michael Burry Called Palantir A Sand Castle. It's Down 34% Since Then.

When the man who predicted the 2008 housing crash starts talking, it’s worth putting down your coffee and listening.

Michael Burry has been publicly bearish on $PLTR Palantir Technologies since late 2025, describing the stock as a "sand castle" built on AI hype. His fund holds roughly $912 million in bearish bets against the company. The stock peaked the day before his position became public and has been falling ever since. Palantir is now down 34% from that peak and sitting at around $130.

Here is what makes this story genuinely complicated. Burry is not arguing that Palantir is a bad business. He is arguing that investors are paying a completely unjustifiable price for it.

Palantir just reported 85% revenue growth in Q1 2026. US government revenue grew 84%. Commercial revenue surged 133%. Management raised full-year guidance to $7.65 billion, implying 71% growth for the year. Those are extraordinary numbers. The business is genuinely on fire.

The stock trades at a price-to-earnings ratio of roughly 150. The software industry median P/E is 18. Palantir's valuation sits nearly 400% above its own industry peers. That is the number Burry is staring at. Not the revenue growth. Not the government contracts. The price tag attached to all of it.

Think of it this way. You walk into a restaurant and the food is genuinely excellent. Everyone agrees it is excellent. But the bill arrives and it’s thirty times what you expected to pay. The food did not get worse. The bill is still the bill.

The Munch Take: Two things are true at the same time right now. Palantir is one of the fastest growing AI companies on earth. And it trades at a valuation that prices in years of flawless execution with zero room for error. Both sentences are accurate. The question is which one matters more over the next twelve months. Michael Burry has placed a very large and very public bet on which one wins. The market has not fully decided yet. That uncertainty is exactly where the most interesting trades live and the most painful losses happen.

Do NOT buy any SpaceX IPO shares until you see THIS (Ad)

The filing positions the company for a June 2026 listing with a staggering valuation potentially exceeding $1.75 trillion.

But before you go out and load up on as much SpaceX shares as you can, know this:

Tech legend Michael Robinson says there's a much better way to tap into this massive IPO windfall...without touching a single SpaceX share.

To see the details about this rare opportunity click here now.

🍪 Munchy Memes