SpaceX: Start of the Next Megabubble or End of the Rally?

Watch on YouTube ↗  |  June 12, 2026 at 21:39  |  45:42  |  1000x Podcast
Speakers
Avi Felman — Principal, GoldenTree Asset Management
Jonah Van Bourg — Head of Trading, Cumberland / ex-Vitol

Summary

Avi Felman and Jonah Van Bourg analyze SpaceX's record $1.77 trillion IPO, likening it to a low-float meme coin that should not be shorted, and outline a specific buy-the-dip trade at $135. They discuss why other space stocks crashed, predict future OpenAI/Anthropic IPOs will pressure indexes, and share bullish views on Intel, SanDisk, uranium, Hyperliquid, and Robinhood, while calling Aptos a grift.

  • SpaceX's IPO behaves like a low-float meme coin with massive forced index inflows, making shorting career risk.
  • Avi sets a concrete buy zone at $135–142 for a quick rally to $160–170; Jonah suggests waiting for insider unlock selling.
  • Intel's massive TPU deal with Google signals competitive chips and a path toward $1 trillion market cap.
  • SanDisk and uranium are flagged as longer-term buys after recent dips.
  • Hyperliquid is praised as a liquidity venue that democratizes pre-IPO trading, reinforcing HYPE's value.
  • Robinhood viewed as a potential 10-bagger, expected to outperform Hyperliquid due to diversified income and institutional backing.
  • Upcoming OpenAI and Anthropic IPOs could drain capital from existing AI-adjacent stocks and cause broad index declines.
  • Aptos dismissed as a complete grift; XMR seen as a long-term winner in privacy.
Ideas
Avi Felman Principal, GoldenTree Asset Management 3:00
Intel competitive again, buy.
Intel just signed a massive contract with Google for 3 million TPUs by 2028, signaling their chips are finally competitive. With the stock bouncing off $99 and a potential path to a $1 trillion market cap, Intel is a strong mid-term long trade.
INTC MED
Avi Felman Principal, GoldenTree Asset Management 3:15
SanDisk running highs, longer-term buy.
SanDisk is up ~80x from the recent low of 400, pushing all-time highs, and likely has further upside as a longer-term trade in the semiconductor space.
SNDK LOW
Jonah Van Bourg Head of Trading, Cumberland / ex-Vitol 6:05
Hyperliquid's pre-IPO venue is bullish.
Hyperliquid efficiently aligned the pre-IPO price with the actual IPO price for SpaceX, proving it is a fantastic liquidity venue for trading assets before they hit public markets. It will democratize access to previously inaccessible private market deals.
HYPE HIGH
Avi Felman Principal, GoldenTree Asset Management 11:00
Bears die; don't short.
SpaceX is a mega-trend asset backed by an Elon Musk company; low float and retail mania mean bears keep dying because people believe in the American dream and will keep buying until the company proves otherwise. Don't short assets that have the potential to conquer the world.
SPCX HIGH
Avi Felman Principal, GoldenTree Asset Management 16:58
Buy uranium after sell-off.
Uranium sold off and is now being re-bought. Deploying cash into uranium positions after the sell-off presents an attractive entry point.
URA LOW
Avi Felman Principal, GoldenTree Asset Management 19:16
OpenAI IPOs will crash indexes.
When OpenAI and Anthropic IPOs come to market, new supply for the same vertical will cause money to rotate out of existing AI-adjacent index members. Because the IPOs will likely be excluded from major indexes due to being unprofitable, the indexes themselves will go down as money sloshes around. Strict routing correction: classify as avoid, not short, because bearish index-crash/rotation view but no explicit short/puts/short trade on the index.
NASDAQ Composite SPY MED
Avi Felman Principal, GoldenTree Asset Management 29:33
Aptos is a complete grift.
Aptos is basically a complete grift from the start, similar to many other L1 infrastructure projects that were primarily money-printing cabals for insiders.
APT LOW
Avi Felman Principal, GoldenTree Asset Management 29:48
XMR continues doing well long-term.
Monero (XMR) will continue to do well over the long run as a privacy coin.
XMR LOW
Avi Felman Principal, GoldenTree Asset Management 36:29
Hood outperforms Hype, potential 10-bagger.
Robinhood (HOOD) will outperform Hyperliquid (HYPE) over the next 6–12 months because HOOD has a larger, diversified income stream, more institutional backing, and potential lock-in deals like Trump accounts. HOOD could still be a 10-bagger, while HYPE's 10-bagger days are over.
HOOD HIGH
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This 1000x Podcast video, published June 12, 2026, features Avi Felman, Jonah Van Bourg discussing INTC, SNDK, HYPE, SPCX, URA, NASDAQ Composite, SPY, APT, XMR, HOOD. 9 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Avi Felman, Jonah Van Bourg  · Tickers: INTC, SNDK, HYPE, SPCX, URA, NASDAQ Composite, SPY, APT, XMR, HOOD