The Biggest Opportunities in Stock Market History | SpaceX, Open Ai, Anthropic

Added: 2026-05-21

[00:00:00]Some of the most talked about companies in the world are getting ready to go public. And 2026 investors may never see an opportunity like this again. We're talking about four companies with the kind of valuations we have never seen in stock market history. Bigger than Meta, bigger than Google, bigger than anything ever seen. Everybody wants in. But before you do anything, there are a few things you really need to understand. So today I'm going to break down exactly what's happening with each of these companies and the risks that most investors are ignoring. So let's start with the biggest IPO of them all, SpaceX. This could be and probably will be the largest IPO in the history of the stock market. Analysts are throwing around valuations of 1.75 trillion and some chatter has gone as high as 2 trillion when it goes public on June 12th. Now, the SpaceX ticker is going to be SPCX, and with the 5 to one stock split that was just approved, it will be selling around $15 per share. So, what does SpaceX actually do? Well, in simple terms, they build and launch rockets.

[00:01:07]But that's like saying that Amazon just sells books. There's a lot more going on under the hood. The rocket business is called Falcon Launch Services and SpaceX's Falcon 9 rocket is the most used orbital rocket in the world right now. In 2024, they launched 134 times, more than two launches every single week. They carry satellites for company, astronauts for NASA, and missions for the military. And here's the part that changed everything. They figured out how to land the rocket booster so they can be reused over and over again. Guys, when NASA uses rockets, they're done.

[00:01:42]They're used and they have to be scrapped. SpaceX does it different. Some of those boosters have flown more than 20 times each. Nobody else in the industry can do this at scale. Not even NASA. That is huge for margins. But the real money machine right now is Starlink. Starlink is SpaceX's satellite internet business. They've launched over 7,000 satellites into orbit, and they beam internet down to homes, boats, planes, and remote areas all over the world. As of early 2026, Starlinks has passed 10 million subscribers, and the operating income from Starlink doubled last year to 4.42 billion. They have real recurring revenue, the kind that public investors can actually underwrite. Guys, last year you guys have flown commercial and you get the internet on go in flight and it's pretty crappy. Last year I flew an airline from LA to Phoenix. It was called JSX and they have Starlink. I was wa I was on this airline during the last round of the 2025 Masters. And guys, I was on my Hulu on my phone watching it with zero buffering and absolute clarity with 300 megabyte download on an airplane. Most people think of SpaceX as a rocket company. It is really becoming a revolutionary internet company with rockets attached. And then their starship, the giant rocket that is 40 stories tall and designed to eventually go to Mars. NASA has already committed $4 billion to use it for their moon missions. Now, here's the question every investor needs to ask. What are you actually paying for it? At a $1.75 trillion valuation, you are paying an extraordinary amount of money for a company that's still spending heavily on Starship and has very complex governance across multiple Elon Musk businesses.

[00:03:31]The Starlink cash cow is real and growing, but that valuation requires you to believe in a very long and very ambitious future with very little hiccups. Okay, IPO number two. Open AI is the company that changed the world on November 30th, 2022. That was the day that they released Chat GPT. If you've ever typed a question into an AI and gotten a response that felt almost human, you probably use something that Open AI built or inspired. So, here's what OpenAI actually does. They build AI models, the software brain that powers ChatGpt and a whole range of other tools. Regular people use Chat GPT to write emails, do research, solve problems. Big companies use OpenAI's API to build their own AI powered products, and enterprises are increasingly paying for dedicated chat GPT tools built specifically for their teams and their needs. The revenue growth is extraordinary. Open AAI raised its most recent funding round at a valuation of $840 billion in early 2026. Some reporting has floated numbers as high as 1 trillion for a potential IPO. That would make it one of the largest companies in the entire world. Yes, it is less than SpaceX, but if you would have told someone 5 years ago there'd be a $1 trillion IPO, they would have probably laughed. But here's the honest part of the story. Open AAI spends enormous amounts of money. They are losing cash flow hand over fist. Training AI models requires massive amounts of computing power. Running chat GPT for hundreds of millions of users requires such an enormous amount of infrastructure that I can't even explain it. The question is not whether the revenue is growing because it is. The question is whether they can eventually turn that revenue into real lasting profits after paying for all that computing and keeping other competitors who can take away market share away. This is the debate that every serious investor needs to think through before buying into a trillion dollar valuation. that competition I'm talking about. Open AAI is not alone. Google has Gemini. Meta has its own open- source AI models.

[00:05:43]Microsoft has C-pilot. And there's one more company on our list today that's coming for OpenAI's lunch. And from what many people are saying, they're actually running away with the lead when it comes to AI. So, we'll get to them soon. But timing is uncertain for this potential IPO. Some reports say that a possible filing in late 2026 are going to happen.

[00:06:03]Others suggest 2027. The company still has a very complicated corporate structure. It started as a nonprofit, evolved into a for-profit business, and the governance questions are real. Now, remember, our video has a title. That title has probably changed several times since you started watching it. Don't take it literally. We're here to teach a process once you get in. Now, guys, here's one that's very different from the others on the list. No AI, no rockets, no technology moonshot. Inspire Brands is a restaurant company. And of the four IPOs we're talking about today, this is the one that actually has an officially filed paperwork with the SEC, this is the one that I think is the easiest to understand. I'd argue that probably everybody would understand this easiest. Now, that doesn't mean it'll be the best business, but it's probably the simplest business. And you probably know Inspire Brands better than you realize.

[00:06:53]They own Arby's, great sandwiches, Duncan, Buffalo Wild Wings, Sonic, Jimmy Johns. Oh my god, Jimmy Johns. I haven't had Jimmy Johns in a while. I need to get that. and BaskinRobins, the 31 flavors. They have more than 33,000 restaurants worldwide, roughly 650,000 employees across all of their brands.

[00:07:12]Guys, this is a massive company that most people have eaten at dozens of times without knowing who owned it. And you know what's funny? There may actually be a durable competitive advantage here. A lot of these brands will probably be around for decades to come as long as they are not mismanaged or overleveraged. So, how does the business work? Well, most of it's franchising. Inspire does not own and run most of the restaurants directly.

[00:07:35]Instead, they charge franchise owners a fee to use the brand, the recipes, and the systems. Think of it like renting the Duncan name and getting paid every time someone sells a donut underneath it. Franchise fees are reliable, recurring, and come in whether the company's doing great or just okay. That predictability is what makes this business model more attractive to investors. And on top of that, these 33,000 restaurants, corporate doesn't have to worry about the day-to-day management of them. The franchises do.

[00:08:03]They just collect their revenue no matter what is happening with payroll, whatever is happening with hiring and firing. Now, the IPO is expected to raise about $2 billion and value the company at around 20 billion. The money will primarily go to pay down debt because Inspire was built through a series of acquisitions funded by private equity firm Ror Capital. And that debt needs to come down. Duncan alone was acquired for 11.3 billion dollars in 2020. Guys, restaurants are a tough low margin business in general. The fact that they have this debt that they're raising to pay down is quite interesting. The honest challenges are real. Restaurants are under pressure.

[00:08:42]Consumers are watching their spending.

[00:08:44]Wages are up. Food costs are up. These brands need to keep growing same store sales in a tough environment. But franchise models with iconic brands have survived tough economic environments before. And Dunkin Donuts coming back to public markets is a story investors will pay attention to. If you've listened to Peter Lynch when he talks about investing in his career, Dunkin Donuts was one of his very first successful investments early on in his time running Fidelity Mellin. Now, Anthropic is the most interesting company on this list that most regular people have never heard of. And I want to spend a little more time here not just on the business but on the most important thing I want you to walk away from this video understanding. So what is Enthropic? It is an AI company founded by former open AI employees. Their main product is called cloud, an AI assistant available through chat and API. Just like chat GPT, but Anthropic has positioned itself a little bit differently. Where open AI went wide and built a consumer product that the whole world uses, Anthropic has gone deep into enterprise, big companies, regulated industries, banks, law firms, healthcare companies, the kinds of clients that care a lot about reliability, accuracy, and safety. and it's working. Claude Code, Anthropic's coding assistant, has become one of the most talked about tools in the developer community. Anthropic is finalizing a 1.5 billion dollar joint venture with Blackstone, Goldman Sachs, and other Wall Street firms to sell AI tools to private equitybacked companies. Now, here is where the numbers get truly staggering. Anthropic raised funding at a $380 billion valuation in early 2026.

[00:10:30]And then just months later, reports emerged that a new funding round could push that valuation to nearly $1 trillion from $380 billion to close to a trillion in a matter of months. That is an extraordinary move for a company that's not yet profitable and is spending heavily on computing power to train and run its models. Guys, these companies could be going public for massive multiples of revenue. And that brings me to the most important thing I want to say about all four of these IPOs. It's the same lesson no matter which company you're talking about. Price and value are not the same thing. Let me make this very simple. Imagine your neighbor is selling his house. He's asking 500,000, but you've been inside. The roof leaks.

[00:11:16]The foundation has problems. The kitchen was last updated in 1987. That house might be worth $300,000 based on reasonable comps and price per square foot in the neighborhood. The price is $500,000. The value is $300,000. If you pay $500,000, you just made an expensive mistake. No matter how much you love the neighborhood, now flip it. Same house, same problems, but he's asking 150,000 because he needs to sell fast. Suddenly, that's a very interesting proposition.

[00:11:46]The price is way below the value. That's what investors call a margin of safety.

[00:11:51]You're buying a dollar for 50 cents.

[00:11:54]Same house, different price, different value proposition. If you've ever bought a stock cuz everyone was talking about it and you had FOMO, we've all been there and then we watch it crash. You already know that hype is not a strategy. This is why Everything Money built software that helps you cut through the noise and focus on what really matters, the underlying fundamental value of the business. Our stock analyzer tool walks you through the real numbers. The eight pillars checks the fundamentals and together they help tell you whether a stock is worth owning and what you should actually pay for it based on your assumptions. You stop chasing. You stop reacting. You start making decisions based on fundamentals and value, not on hype and excitement. And when the next hot stock comes along, you'll know exactly whether it's worth your money, your hard-earned money or not. You don't have to be a stock market expert to do this. In fact, being one of the so-called gurus is probably going to hurt you. These tools do the heavy lifting. You just have to be willing to look at the numbers and understand what you're buying. So, start a 7-day trial for just $7. Click the link in the description. Get full access right now.

[00:13:03]This is how great investors think about every single investment. Not just is this a great company, but is this a great company at a price that makes a lot of sense? Because a great company at the wrong price can still be a bad investment. SpaceX is a real and extraordinary business. Open AAI has absolutely changed the world. Anthropic is building something generally impressive. Inspire brands own some of the most recognized food brands on Earth. None of that is in question. The question, the only question that matters is what is the right price to pay for those stories? At a $ 1.75 trillion valuation for SpaceX, you are paying more than almost every public company on Earth for a business that's still spending billions on Starship and has never had a public earnings call. SpaceX revenue is 16 billion. Guys, they're valuing themselves at 120 times revenue.

[00:13:57]At nearly $1 trillion dollars for Anthropic, a company that's not yet profitable, you're betting that the AI boom continues at exactly the current pace for a very long time with no major setbacks and no commoditization of AI models and that still might not be enough. Those bets might pay off, they might not, but you need to know that is what you're making, a speculative bet.

[00:14:22]Here's the thing that Buffett and Mer always brought up. IPOs at the very least are almost always fully priced.

[00:14:29]Their job is to go out there and market.

[00:14:31]The investment bank goes out there and markets the crap out of companies.

[00:14:35]You're being marketed and sold shares of these businesses. That's the entire goal when these businesses go public to get as much capital as possible for the piece of the business being offered. And guys, I get it. These are exciting companies. The techn is real. The missions are bold. Some of you are watching this and thinking, "What if I just put a little in and see what happens?" There's nothing wrong with that. But just be honest with yourself about what it is that you're doing. That is not investing. That is speculating.

[00:15:01]And there is a difference. Ben Graham first explained that in the intelligent investor. Investing means you understand what the business is worth and you're paying a reasonable price based on that.

[00:15:13]Speculating means you're betting on excitement and hoping somebody else will pay more than you did. Both can make you money, but only one is repeatable and durable and can build wealth over the long haul. Your process and systems matter far more than any one great stock. If you want to put 1% of your portfolio into one of these IPOs because it excites you and you're okay losing that money, go for it. Just don't call it investing. And don't let the excitement of the IPO pull you into more than you can afford to lose. Now guys, I want to leave you with something far more value than any IPO prediction.

[00:15:46]These are the five principles that I invest in and every single one of them applies directly what we've been talking about today. The first one, we are investors, not speculators. Exactly what I just explained to you, our community members, our team, we are investors.

[00:16:01]Number two, every investment is the present value of all future cash flows.

[00:16:06]Yes, you're buying a story, but you're buying real money that a real business will generate in the future. If you overpay for that, no matter what the story is, you're going to end up doing poorly. If the numbers do not support the price, you walk away. If the numbers do not support the story, you need to walk away. Remember, investing is a no called strike business. What that means is you can sit there at the plate waiting for every pitch to come across to you and you have unlimited pitches.

[00:16:34]Number three, if we don't understand it, we don't invest in it. Can you explain in plain English how SpaceX is going to make money and increase that? How anthropic turns clawed into profits? If not, that is important information. Pier Lynch always said people will spend 50 hours researching a new refrigerator that cost them a thousand, but will buy a stock that they heard about on the subway and spend $10,000. Number four, in the short run, stock market's a voting machine. In the long run, it is a weighing machine. And right now, the votes are going to AI and autonomy. But over time, what gets weighed is what the business actually earns. Patience will usually win. Over long periods of time, the earnings and stock prices will move in tandem as long as you paid a reasonable price to start. And finally, our fifth tenant. A great story becomes a bad investment if you pay the wrong price. Every company on this list has a great story. The question is always the price. You absolutely have to have both sides to do well consistently over decades. So guys, if you like these ways of thinking, if you like these five tenants, do me a favor. Click the link below in the description or in the first pinned comment and get these p this PDF absolutely free sent to you explaining all five tenants and what they mean.

[00:17:53]They act as a guard rail for you. Keep them like what I do, which is next to my desk in the studio. That way, when I feel like I'm getting too excited or too sad and depressed, I realize that this is the way to think about things. So, if you want to see stocks that I've personally been buying right now, businesses that actually pass our process with real earnings and real margin of safety, click right here to watch the video. Because while everyone else is chasing IPO hype, the real opportunity might already be sitting in plain sight. Thank you for your time.