Matt McCall

Today, I'm introducing my wealth tax — and more than 50 members of Congress are joining me. It’s time for the government to start working for American families, not just the ultra-rich.

The Anthropic mini IPO is unfolding and you already missed a 15x return The stock is named VCX by Fundrise and just went up 1,500% in 5 days on the NYSE It’s a fund holding: - Anthropic = 21% - OpenAI = 10% - SpaceX = 5% - Databricks = 18% - Anduril = 7% $VCX has a NAV of $19 per share. This morning it just traded at $312. That means the market is valuing a $650 million fund at $5.4 billion 🤯 Investors are paying an 8x premium just to touch these companies. Why? Because the most important companies being built right now refuse to go public. And people are so desperate for exposure that they will pay almost anything to get it. The private markets are sitting on trillions in value that public investors have been locked out of and this stampede tells you everything about how much hype there will be around these IPOs. I hope this speeds things up

PETER SCHIFF: "WE ARE HEADED FOR A FULL-BLOWN FINANCIAL CRISIS."

🚨 The Case for Merging SpaceX, xAI, and Tesla The real play isn't three separate companies. It's one unstoppable system: Tesla + xAI + SpaceX. Energy. Compute. Manufacturing. Robots. Data at planetary scale. Global satellite distribution. And literal access to space. Tesla already owns the intersection of batteries, vehicles, Optimus bots, and a massive distributed energy + compute grid. Every car on the road is a rolling data node. Every Megapack is energy infrastructure. Add xAI and suddenly Tesla becomes a vertically integrated AI powerhouse with proprietary real-world data no one else can touch. That's the rocket fuel for frontier models. Now layer in SpaceX. Starlink gives you a global communications blanket. Rockets solve the ultimate constraint: getting massive compute and power into orbit. Put it all together and you have something nobody else can copy: full-stack industrial intelligence. Energy generation and storage. Physical hardware and distribution. Global comms. Launch capability. And the smartest AI models on Earth. Apple, Microsoft, Google? They don't own this stack. Not even close. Capital-wise, it gets even better. Tesla starts throwing off cash. SpaceX has long-duration contracts and Starlink revenue. xAI brings the explosive upside. One entity means smarter capital allocation instead of three separate balance sheets fighting for resources. And the narrative? Markets pay huge premiums for category kings. Right now investors have to stitch Musk's vision together themselves. A unified company hands them one clean bet on an AI-powered, energy-abundant, multi-planetary future. Yes, there are risks: execution complexity, valuation fights, regulatory heat, and serious key-man exposure. Merging won't be clean. But the upside is wildly asymmetric. Tesla shareholders get instant exposure to AI and space. SpaceX holders get liquidity and manufacturing muscle. xAI backers plug straight into real-world data, distribution, and capital. This isn't just a bigger company. It's the first true full-stack intelligence machine. Capturing energy, turning it into intelligence, deploying it through physical products, and beaming it around the planet (and eventually beyond). If the mission has always been to build the future faster, combining these three might be the single biggest accelerator. What do you think? Inevitable or too crazy?

I am starting to think the White House doesn't care what happens to the stock market in the first half of the year because they know they have tools to pump stocks higher into midterm elections in November. Not a comment on whether it is a good strategy. Just an observation.