Dear Reader,

Before the biggest IPO in history...

Wall Street spent months analyzing the SpaceX S-1.

They saw rockets. Starlink. A record-breaking valuation...

What they missed was buried in the numbers – something much bigger that could be worth far more than the entire rocket business.

I know, because I went to find it myself.

Recently, I flew to Starbase, Texas – SpaceX's headquarters – and filmed a presentation revealing everything I've discovered about Elon's hidden AI master plan.

It's unlike anything I've seen in 15 years of institutional research.

My firm's institutional work is followed by professionals at Goldman Sachs, JPMorgan Chase, BlackRock, and Fidelity.

Subscribers who follow our "Main Street" research have had the chance to deliver 41 full or partial doubles since the start of 2024...

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The last time Wall Street missed a story this big, early investors had the chance to turn every $1,000 into $14,000.

The No. 1 stock at the center of this isn't Tesla... or SpaceX...

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Regards,

Rob Spivey
Managing Director, Altimetry

BREAKING NEWS

🕊️ Oil Crashed After Trump Called Off The Iran Strikes

Over the weekend, President Trump called off planned strikes on Iran, saying a deal is close. This is good news considering Saudi Arabia, Qatar, and the UAE reportedly urged him to choose diplomacy over what he'd called the biggest attack since World War II.

The result? Markets exhaled.

Oil did the heavy lifting with Brent crude crashing roughly 10% toward the mid-$80s. When war fears fade, that "just in case" premium priced into every barrel drains out fast. Stocks liked it too, with both the S&P 500 and the Nasdaq moving higher on the news. Remember, the dynamics here are simple. Cheaper oil means less inflation and a Fed that can relax a little.

What This Means For You: When oil falls on a de-escalation, the market rotation is fairly predictable. Energy stocks tend to give back the gains they made during the peak fear phase, while the companies that burn fuel like airlines, delivery, travel, catch a tailwind. If the deal actually holds, that pressure on inflation also strengthens the case that the Fed won't hike, which tends to help rate-sensitive names like housing and tech.

Of course, the keyword is "if." Nothing's signed and we’ve been down this road before.

📅 Now What, This Week:

• Watch oil hold, or not. Want to know what stocks will do this week? Just watch oil. It will tell you everything you need to know.

• Friday's jobs report matters even more now. Cheaper oil plus a soft jobs number would seriously boost the case for rate cuts later this year.

• Don't chase the relief rally. This exact "deal is near" headline has fired several times since February and unraveled each time.

The Munch Take: Before you start to celebrate, this is at least the fourth time since February that Trump has announced a halt to strikes and said a deal was near. Every previous time, the headlines unraveled and the fighting came back. That doesn't mean this one fails, but it does mean "peace deal is near" has become one of the least reliable phrases in this whole conflict. The market is treating it as real, and maybe this time it is. But a ceasefire that keeps collapsing isn't peace, it's a pattern. Enjoy the cheaper oil, just don't build your whole week around a deal that hasn't been signed.

Bonus: Trump’s Emergency Dollar Reset (Porter & Co)

Iran War TRUTH: What Was Revealed Behind Closed Doors (Ad)

There's a strategy behind the Iran war.

I know because I heard it directly in a closed-door meeting with a source whose connections run deep into global power networks.

He walked me through the real purpose and the massive deal tied to it.

Click here to see the strategy behind the Iran war.

CHART OF THE DAY

₿ Even The Biggest Bitcoin Believer Is Selling A Little

Bitcoin has had a tough year, falling about 44% over the past 12 months to around $63,000. Now even Strategy ( $MSTR ( ▲ 2.16% ) ), Michael Saylor's Bitcoin-heavy company, has sold another 1,638 Bitcoin worth about $105 million.

Sounds like a betrayal of everything Saylor stands for, right?

Not so fast. Here's the full picture the scary headlines skip: this year Strategy bought about 175,000 Bitcoin and sold just 3,620. It's still a massive net buyer, holding 842,138 coins worth around $53 billion. The sales were made to fund dividend payments to investors, not a change of heart. Saylor has pushed back against claims that the company is abandoning its Bitcoin strategy, saying the sales don't represent a change in Strategy's long-term commitment to Bitcoin.

📜 The CLARITY Act Clock Is Ticking: Meanwhile, crypto's big moment in Congress is running out of runway. The CLARITY Act, which would finally set clear US rules for which agency regulates which coins, has passed the House and a Senate committee but still has no floor vote. The practical deadline is around August 10, when the Senate leaves for summer recess. Miss it, and the bill likely slips to 2027.

What Investors Can Expect:

• 🟢 If CLARITY passes: Expect a relief rally across crypto, as clear rules could encourage more institutional investment.

• 🔴 If it stalls: Crypto remains stuck with uncertain regulations that future administrations can easily change.

• 👀 What to watch this week: Keep an eye on whether Senate Majority Leader John Thune files the bill for a floor vote. If he doesn't, the chances of it passing before the summer recess are extremely slim.

• Special Report: A terrifying historical pattern just reappeared (via Weiss Ratings)

The Munch Take: Bitcoin hasn’t been falling because Strategy sold a few thousand coins, and it won't suddenly soar just because Congress passes one bill. That's the trap. The real reason is because all of the risk capital has been flooding into AI and chip stocks in 2026, but that won’t last forever. My personal opinion? This is one of the best opportunities in Bitcoin in the last 10 years and we’re buying here. We’re long term believers and will be holding long-term. But that’s what we’re doing and this isn’t financial advice. Don’t sue us.

🍪 Munchy Memes

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