SpaceX + Tesla Merger Confirmed, Anthropic's Leaked IPO Numbers, & Simeon Hyman (ProShares)
Rich Habits PodcastSummary
Elon Musk confirms that SpaceX and Tesla are exploring a potential merger, a move that could reshape the tech landscape. SpaceX recently reported a remarkable $14.6 billion in Q3 revenue, with artificial intelligence contributing 52% of that income. Musk predicts that the AI sector could generate between $500 billion and $1 trillion in annual recurring revenue by the end of 2027. The speculation around the merger has intensified, with analysts suggesting that a combined entity could be valued at several trillion dollars.
In other tech news, Meta Platforms announces a stock split to fund its AI initiatives, despite reporting a Q3 revenue of $64.5 billion, which fell short of Wall Street expectations. The company plans to issue a new class of non-voting stock as a dividend to existing shareholders, effectively a 2-for-1 split, set to take effect in January 2027. This restructuring aims to provide Meta with more liquidity to continue its aggressive investments in AI.
Additionally, the anticipation surrounding the release of Grand Theft Auto 6 has led to a significant surge in PlayStation 5 sales, which increased by 22% in September. The gaming industry is bracing for a major shift as the game is expected to dominate holiday season spending, prompting discussions about potential investment opportunities in related companies that may benefit from this gaming phenomenon.
Finally, homebuilder confidence hits a 14-year low amid rising mortgage rates and inflation, causing builders to cut prices and offer incentives to attract buyers. This challenging environment highlights the need for investors to remain vigilant and seek opportunities in the real estate market as conditions evolve.
Show Notes
Austin and Robert talk through the biggest headlines moving the market this week! We're also joined by Simeon Hyman, Global Investment Strategist at ProShares. --- Want to learn more about SPXT and TDV? Visit ProShares.com! --- 🤖 VCX: the public ticker for private tech -- click here or visit https://getvcx.com/ to learn more! --- 🌸 Join 500,000+ investors using Blossom to track portfolios, dividends, and see what real investors are buying -- all in one social investing app. Click here! --- 🤖 Try using AI agents on Public, the world's first agentic brokerage, click here! --- 🚀 Invest alongside Robert and Austin and 1,100+ other members inside the Rich Habits Network, click here! --- 🗳️ Visit neosfunds.com/vote to call 866-206-8173 to vote your shares today! --- 🏆 Wall Street Favorites is LIVE! Click here to see what Wall Street is buying before everyone else. --- 🧿 Protect your family with term life insurance from Suriance! Get a $1M+ policy for $50 or less per month. Click here! --- ⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again, click here! --- ⭐ Download our FREE Budgeting Template – click here ⭐ Earn 3.8% on your savings with a High-Yield Cash Account – click here ⭐ Automatically buy stock where you shop with Grifin – click here ⭐ Protect your family with term life insurance from Suriance – click here ⭐ Use code “Spotify” for 15% off our 4-module video course – click here --- 👤 Explore everything Austin does – click here 👤 Explore everything Robert does – click here ❓ Ask us questions for our Q&A episodes – @richhabitspodcast on Instagram 📬 Inquire about working together – [email protected] --- This content is sponsored by NEOS Investments. The creator is compensated by NEOS to discuss NEOS ETFs. This content is for informational purposes only, and is not personalized investment, tax, or legal advice, and does not constitute an offer to buy or sell any security. Investing involves risk, including possible loss of principal. Before investing, carefully review the NEOS ETFs prospectus at neosfunds.com.
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Robert and Austin answer your questions! --- 🤖 Try using AI agents on Public, the world's first agentic brokerage, click here! --- 🚀 Invest alongside Robert and Austin and 1,100+ other members inside the Rich Habits Network, click here! --- 🗳️ Visit neosfunds.com/vote to call 866-206-8173 to vote your shares today! --- 🏆 Wall Street Favorites is LIVE! Click here to see what Wall Street is buying before everyone else. --- 🧿 Protect your family with term life insurance from Suriance! Get a $1M+ policy for $50 or less per month. Click here! --- ⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again, click here! --- ⭐ Download our FREE Financial Planner – click here ⭐ Download our FREE Budgeting Template – click here ⭐ Earn 3.8% on your savings with a High-Yield Cash Account – click here ⭐ Automatically buy stock where you shop with Grifin – click here ⭐ Protect your family with term life insurance from Suriance – click here ⭐ Use code “Spotify” for 15% off our 4-module video course – click here --- 👤 Explore everything Austin does – click here 👤 Explore everything Robert does – click here ❓ Ask us questions for our Q&A episodes – @richhabitspodcast on Instagram 📬 Inquire about working together – [email protected] --- This content is sponsored by NEOS Investments. The creator is compensated by NEOS to discuss NEOS ETFs. This content is for informational purposes only, and is not personalized investment, tax, or legal advice, and does not constitute an offer to buy or sell any security. Investing involves risk, including possible loss of principal. Before investing, carefully review the NEOS ETFs prospectus at neosfunds.com.
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Robert and Austin react to the biggest market-moving stories. --- 🤖 VCX: the public ticker for private tech -- click here or visit https://getvcx.com/ to learn more! --- 🌸 Join 500,000+ investors using Blossom to track portfolios, dividends, and see what real investors are buying -- all in one social investing app. Click here! --- 🤖 Try using AI agents on Public, the world's first agentic brokerage, click here! --- 🚀 Invest alongside Robert and Austin and 1,100+ other members inside the Rich Habits Network, click here! --- 🗳️ Visit neosfunds.com/vote to call 866-206-8173 to vote your shares today! --- 🏆 Wall Street Favorites is LIVE! Click here to see what Wall Street is buying before everyone else. --- 🧿 Protect your family with term life insurance from Suriance! Get a $1M+ policy for $50 or less per month. Click here! --- ⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again, click here! --- ⭐ Download our FREE Budgeting Template – click here ⭐ Earn 3.8% on your savings with a High-Yield Cash Account – click here ⭐ Automatically buy stock where you shop with Grifin – click here ⭐ Protect your family with term life insurance from Suriance – click here ⭐ Use code “Spotify” for 15% off our 4-module video course – click here --- 👤 Explore everything Austin does – click here 👤 Explore everything Robert does – click here ❓ Ask us questions for our Q&A episodes – @richhabitspodcast on Instagram 📬 Inquire about working together – [email protected] --- This content is sponsored by NEOS Investments. The creator is compensated by NEOS to discuss NEOS ETFs. This content is for informational purposes only, and is not personalized investment, tax, or legal advice, and does not constitute an offer to buy or sell any security. Investing involves risk, including possible loss of principal. Before investing, carefully review the NEOS ETFs prospectus at neosfunds.com.
Robert and Austin answer your questions! --- 🤖 VCX: the public ticker for private tech -- click here or visit https://getvcx.com/ to learn more! --- 🤖 Try using AI agents on Public, the world's first agentic brokerage, click here! --- 🚀 Invest alongside Robert and Austin and 1,100+ other members inside the Rich Habits Network, click here! --- 🗳️ Visit neosfunds.com/vote to call 866-206-8173 to vote your shares today! --- 🏆 Wall Street Favorites is LIVE! Click here to see what Wall Street is buying before everyone else. --- 🧿 Protect your family with term life insurance from Suriance! Get a $1M+ policy for $50 or less per month. Click here! --- ⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again, click here! --- ⭐ Download our FREE Financial Planner – click here ⭐ Download our FREE Budgeting Template – click here ⭐ Earn 3.8% on your savings with a High-Yield Cash Account – click here ⭐ Automatically buy stock where you shop with Grifin – click here ⭐ Protect your family with term life insurance from Suriance – click here ⭐ Use code “Spotify” for 15% off our 4-module video course – click here --- 👤 Explore everything Austin does – click here 👤 Explore everything Robert does – click here ❓ Ask us questions for our Q&A episodes – @richhabitspodcast on Instagram 📬 Inquire about working together – [email protected] --- This content is sponsored by NEOS Investments. The creator is compensated by NEOS to discuss NEOS ETFs. This content is for informational purposes only, and is not personalized investment, tax, or legal advice, and does not constitute an offer to buy or sell any security. Investing involves risk, including possible loss of principal. Before investing, carefully review the NEOS ETFs prospectus at neosfunds.com.
Austin Hankwitz and Robert Croak explain when you should chase higher returns, and exactly how to do it. --- 🤖 VCX: the public ticker for private tech -- click here or visit https://getvcx.com/ to learn more! --- 🤖 Try using AI agents on Public, the world's first agentic brokerage, click here! --- 🚀 Invest alongside Robert and Austin and 1,100+ other members inside the Rich Habits Network, click here! --- 🏆 Wall Street Favorites is LIVE! Click here to see what Wall Street is buying before everyone else. --- 🧿 Protect your family with term life insurance from Suriance! Get a $1M+ policy for $50 or less per month. Click here! --- ‼️ Have feedback to share? Please let us a comment on Spotify! We're excited to mold these new weekly episodes to be exactly what our listeners want. --- ⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again, click here! --- ⭐ Download our FREE Financial Planner – click here ⭐ Download our FREE Budgeting Template – click here ⭐ Earn 3.8% on your savings with a High-Yield Cash Account – click here ⭐ Automatically buy stock where you shop with Grifin – click here ⭐ Protect your family with term life insurance from Suriance – click here ⭐ Use code “Spotify” for 15% off our 4-module video course – click here --- 📬 Inquire about working together – [email protected] --- This content is sponsored by NEOS Investments. The creator is compensated by NEOS to discuss NEOS ETFs. This content is for informational purposes only, and is not personalized investment, tax, or legal advice, and does not constitute an offer to buy or sell any security. Investing involves risk, including possible loss of principal. Before investing, carefully review the NEOS ETFs prospectus at neosfunds.com.