⚡A backdoor way to buy SpaceX

Put this in the “fun money trade” bucket… [The Jolt with Stephen McBride] A backdoor way to buy SpaceX US stocks continue to climb, up 9% since the August 5 bloodbath. If you’ve been following along, you know it probably won’t be smooth sailing from now until the election. I’m expecting a lot of volatility in the coming weeks based off previous election cycles, and I recommend using any weakness to scale into world-class disruptors profiting from megatrends. This is what we’re doing in Disruption Investor—[upgrade here to access our portfolio](. All eyes will be on Nvidia (NVDA) today, which reports earnings after the closing bell. We continue to hold a small position in the stock in [Disruption Investor]( after taking profits twice. I’ll share my thoughts and grade NVDA in Friday’s Jolt. Let’s get after it... - Another big win for Neuralink and mankind... Elon Musk’s startup Neuralink recently implanted its chip into a second patient’s brain. Alex, who suffered a spinal cord injury and lost control of his limbs, is now able to do things that once seemed impossible. He’s already used the chip to design 3D objects and play online video games. From Daily Mail: According to Neuralink, it took the patient just five minutes to start moving a cursor with his mind and less than a day to beat the world record for brain-powered cursor control. Amazing! In January, Nolan Arbaugh became the first patient to get a Neuralink chip implant. About the size of a quarter, the chip slid in under his skull and nestles against his brain. Neuralink can read his thoughts and translate them into action, which allows him to control a computer with his mind. Just like with Alex, Neuralink has completely transformed Noland’s life. Not only can he play games and use the internet just like you and me. He can work! Noland can type emails and attend video calls. He’s looking for a job and planning to save up to build a house for his family. Maybe he’ll become a coder, a video game designer, or an editor. [ShareÂ]( How inspiring is this? This young man was totally dependent on others. Had he been born at any other time in history, he would’ve stayed that way. Neuralink gave him the ability to work, find purpose, and provide for his family—three things a young man needs to thrive. When I wrote about Neuralink a few months ago, [I got a note back from John](, a subscriber who’s paralyzed from the waist down: “Give me the chip and a Swiss army knife, and I'll put the damn thing in myself!” Future’s bright. 2. Is Boeing Co. (BA) a “buy the dip” opportunity? One of my colleagues asked me that the other day. The stock is down 33% this year: The company is an absolute disaster. From its planes losing tires and taking nosedives mid-flight... to engines catching on fire and landing break gear breaking into pieces... You may have heard about the latest fail: Two astronauts have been stuck on the International Space Station since early June because of major issues with their Boeing Starliner spacecraft. They’ll be stuck there until 2025. And now, NASA has called on Elon’s SpaceX to come to the rescue. Source: NBC News This is extra embarrassing for Boeing because the government paid it billions more than SpaceX to execute this program. SpaceX exceeded all milestones for less money… while Boeing was way over cost, several years late, and ultimately stranded its astronaut in space. So no, I’m not touching Boeing. [I’m much more interested in SpaceX.]( Although you can’t invest in it directly today (it’s private), there’s a “backdoor” way to play it. The Destiny Tech100 (DXYZ) is a fund that allows you to own a slice of some of today’s most exciting and valuable private companies, including SpaceX. Consider taking a stab… but put this in the “fun money trade” bucket. A cool opportunity, but don’t throw more than 100 bucks into it. DXYZ comes with a hefty 2.5% management fee. 3. Today’s dose of optimism: Only in America—from toilet-cleaning immigrant to billionaire. Jensen Huang used to clean toilets at Denny’s. He founded Nvidia with two buddies at a booth in that same Denny’s 30 years ago. Nvidia is now the world's second most valuable company. Huang is worth over $100 billion. Only in America! America’s top 10 “rich list” is always in flux. Musk and Bezos top the US charts today. In Europe, it’s mostly old money and inherited wealth: The CEO of 170-year-old fashion house Louis Vuitton; the heir of L’Oréal; the son of a shipping tycoon. Growing up in Ireland, it felt like your “lot in life” was predetermined. Starting a business was discouraged. But in America, millions of people go from poor to rich by starting their own businesses. Jensen Huang sums up everything that’s great about America. The American dream is alive and well. Source: Silicon Valley Business Journal Stephen McBride Chief Analyst, RiskHedge Share Your Thoughts on this Article [Post a Comment]( Keep up with RiskHedge on the go. Download the App [Get it on Google Play]( [Download on the App Store]( [QR Code] If someone forwarded you this email and you would like to be added to our email list to receive the Jolt every week, [simply sign up here.]( This email was sent to {EMAIL} as part of your subscription to The Jolt. To opt-out, please visit the [unsubscribe page](. [READ IMPORTANT DISCLOSURES HERE.]( YOUR USE OF THESE MATERIALS IS SUBJECT TO THE TERMS OF THESE DISCLOSURES. Copyright © 2024 RiskHedge. All Rights Reserved RiskHedge | 1417 Sadler Road, PMB 415 | Fernandina Beach, FL 32034