The New Cast…

The Magnificent Seven had a good run.

→ Seven years.
→ Seven stocks.

One acronym that came to define an era of market dominance.

Then SpaceX went public.

And by Tuesday morning, Wall Street was already looking for a new name.

Two new frameworks emerged this week to describe the companies that will define the next decade of tech investing. They do not agree on the name, the number, or who gets the last spot.

They do agree on one thing: the Mag 7 era is over.

Here is what moved — and why. ⇩

SPONSOR BREAK presented by MarketWise*

Why SpaceX Just Triggered the End of the Bull Market

SpaceX insiders are getting ready to dump as much as $1.6 trillion in paper wealth – the biggest cashout in market history. The same thing happened in 1999 right before the dot-com crash… and now, it’s happening again. To see where to move your money before the Melt Up reaches its dramatic conclusion, click here while there’s still time.
 

Story 1 · Guess Who?

Just three days old and above $200 for the first time.
→ Now worth roughly as much as Microsoft.

$SPCX ( ▼ 4.95% )  opened above $200 Tuesday for the first time.

Market cap approaching $2.9 trillion.

At $200+ per share, SpaceX is worth roughly $2.9 trillion.

That’s about the same as Microsoft.

One company has spent five decades building software, generates more than $100 billion in annual profit, and has become one of the most important businesses in the world.

The other became public three trading days ago.

That’s probably the most important sentence in the market right now.

And the comparison doesn’t stop there.

SpaceX ($2.9T) + Tesla ($1.3T) = roughly $4.2 trillion.

Together, Elon Musk’s two public companies are now approaching Apple’s entire market value.

Not bad for a car company and a rocket company.

SPONSOR BREAK presented by MarketWise*

“Sell This, Buy That.”

It’s a way to rid yourself of overpriced AI stocks before the tech trade breaks down this summer…

And instead move that money into smaller, lesser-known names that are showing real potential to dethrone the “Mag 7”. 

I even give away a Hotlist and Hitlist of buy and sell ideas that you can act on right now. 

Like my recommendation I call “an upgrade to Tesla stock.” It’s a little-known company that just inked a groundbreaking partnership with the king of AI, Nvidia. This deal virtually hands this under-the-radar firm the keys to the self-driving industries’ biggest customers, putting them miles ahead of Tesla in the autonomous vehicle race.

That’s why I want to put this stock on your radar before markets open. 

You can get the name and ticker symbol here. 

Marc Chaikin

Story 2 · The Naming War

Nobody can agree on the name.

Or the members.

Two competing frameworks emerged this week.

Both include SpaceX.

That’s where the agreement ends.

1 FAB 10 – Vanda Research

⚠️ The message: There’s room for everybody. The club gets bigger.

SPONSOR BREAK presented by Paradigm*

“Trump’s Gold Mine” to Deliver 10X Gains In a Few Months
 
According to Jim Rickards – the world’s #1 gold expert and a man with close ties to Donald Trump’s “inner circle”…

The president is about to unleash a major new gold initiative…
 
One that opens up the largest gold deposit in the entire world – right here on U.S. soil…
 
And that is valued at over $1 TRILLION.
 
Today, Jim has revealed one of his favorite ways to play this gold boom – 100% FREE.
 
Click here to get Jim’s FREE gold pick NOW.

The Tougher Version.

Instead of focusing on AI models, it focuses on the companies building the infrastructure underneath them.

2 Dirty Dozen – Barron’s Framework

⚠️ The message: AI needs chips, servers, memory, networking, and power. Somebody has to build the picks and shovels.

What This Means →

The FAB 10 says the future belongs to AI companies.

The Dirty Dozen says the future belongs to the companies enabling AI.

One framework makes room for OpenAI and Anthropic.

The other forces them to compete for a single seat.

Either way, one thing stands out:

For the first time in years, Wall Street is looking beyond the Magnificent Seven.

Story 3 · The 12th Spot

SpaceX raised the bar.

After a 48% surge in its first three trading days, investors now have a fresh benchmark for what a successful AI-era IPO looks like.

The Dirty Dozen has 11 confirmed names. The 12th is the most contested seat in tech.

This isn’t just an IPO race. It’s a race for relevance.

The Magnificent Seven already have their seats.

SpaceX appears to have claimed one of the new ones.

That leaves a limited number of spots for the companies expected to define the next decade of AI.

OpenAI has the larger brand.

→ Anthropic has the stronger profitability story.
→ OpenAI plans to arrive first.

Anthropic arrives a month later.

Wall Street will decide which story it likes better.

SPONSOR BREAK presented by Brownstone*

Live demo of Elon Musk’s AI agent

Have you tried Elon Musk’s new AI agent?

It’s the most powerful AI ever created.

Musk himself thinks it could make investors 70 times their money.

In a few short years…

I expect an announcement from Musk by the end of this month…

That will make this AI agent available to every American.

But you can get in right now…

When you click this link, I’ll give you a live demo of this amazing AI agent – for free.

The New Giants

The Waiting List

The FAB 10 and the Dirty Dozen disagree on the details.

But they agree on two things.

1 First, SpaceX belongs.

2 Second, the Magnificent Seven is no longer the full story.

Where they split is where the next decade gets interesting.

The FAB 10 is the optimistic view. It expands the club and makes room for both OpenAI and Anthropic.

The Dirty Dozen takes a harder line. It adds the companies building the infrastructure AI depends on — Taiwan Semiconductor, Broadcom, and Micron — and leaves just one seat for the AI model makers.

It’s really a debate about where the value will ultimately accumulate:

→ The software.
→ Or the picks and shovels underneath it.

Three days ago, SpaceX was a private company.

Today, it’s worth roughly as much as Microsoft — a company that has spent nearly 50 years building one of the most profitable businesses in history.

That’s either the most exciting thing happening in markets right now.

Or the most alarming.

Possibly both.

The Magnificent Seven defined the last decade.

Whatever comes next is being written right now.

SpaceX claimed its seat last week.

The next seat gets decided this fall.

OpenAI is targeting September.

Anthropic is targeting October.

One of them may earn a place at the table.

The other may spend the next few years trying to prove it belongs there.

Lesson Of The Day:

Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.

Also, help your friends blossom this spring! Share us with them.

💬 We Want To Hear Your Story:

Got a market or stock you want us to analyze next?

Just drop your request in the comments here.

P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!