Zaid Admani

Instead of laying out a path for a ceasefire or a de-escalation, Trump said the US would continue to hit Iran extremely hard over the next two to three weeks.

More importantly, he didn't offer any real plan for reopening the Strait of Hormuz.

Not what the market wanted to hear.

So following that speech, oil prices went higher and stocks moved lower.

I think investors spent the last couple of days excited about a potential end to the war.

But we got a quick reminder last night that this is far from over.

So, yeah, I think we could be in for a pretty volatile day of trading today, especially because the market is closed tomorrow for Good Friday.

Now, unless we get a massive sell-off, stocks should end the week in the green for the first time in five weeks, but we'll see what happens.

Now, as a reminder, we're not gonna have a show tomorrow because the market is closed, but we'll still be posting a deep dive on Saturday and then an interview on Sunday.

This week, we talked to the CEO of Kava.

We already recorded that conversation.

It was great.

So keep an eye on your podcast feed for that.

Let's run through some headlines, starting with SpaceX.

SpaceX officially filed confidential IPO paperwork with the SEC yesterday.

Now, according to multiple reports and rumors, SpaceX is looking to raise between 40 and 75 billion dollars, which would be a record amount and value the company at one point seven five trillion dollars.

Now to put this into context, the current IPO record is Saudi Aramco, which happened back in 2019.

They raised $29 billion.

So SpaceX is looking to potentially double that.

The hype around this IPO has been insane because for one, space is a pretty sexy industry, especially right now.