
Posted June 01, 2026
By Matt Insley
Mick Jagger, Moon Landings and SpaceX
On one of his many trips across the Atlantic, Paradigm’s macro authority Jim Rickards found himself seated next to Mick Jagger aboard the Concorde.
“We had a nice chat,” Jim wrote recently at Strategic Intelligence.
That’s a sentence that contains more history than most entire biographies.
Forty years ago, Jim reminds his readers, passengers could leave London and arrive in New York a little over three hours later.
The Concorde wasn’t just an airplane. It was a declaration that the future would be more ambitious than the present.
The same was true of the Apollo program.
In 1969, Neil Armstrong took humanity's first steps on the moon. Five more Apollo missions followed, carrying a total of 12 astronauts to the lunar surface.
Then, almost as suddenly as it began, the era ended. No human has walked on the moon since 1972.
“What happened?” Jim asks.
The technology didn't disappear.
The ambition did.
Or so it seemed.
Because after decades of false starts, delays and broken promises, space is suddenly a topic of conversation again.
And at the center of that conversation is Elon Musk.
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Your Rundown for Monday, June 1, 2026...
Back to the Future
Much has been written about Tesla over the years. But the company that may ultimately define Musk’s legacy isn’t Tesla. It’s SpaceX.
SpaceX has filed with the SEC for an IPO that could begin trading as early as June 12. The company is reportedly seeking a valuation around $1.75 trillion. If achieved, it would instantly become one of the most valuable companies on Earth.
Then again, we’re talking about a company with plans that sound like they were lifted from the pages of a science fiction novel.
SpaceX isn’t simply building rockets. It’s building a launch system designed to make access to space dramatically cheaper. Musk believes reusable Starship rockets could eventually reduce the cost of sending payloads into orbit to a fraction of historical levels.
But the most interesting thing about the SpaceX story isn’t the rocket itself. It’s the ripple effects.
Every great technological leap creates an ecosystem around it.
The automobile created highways, suburbs and gas stations.
The internet created cloud computing, e-commerce and social media.
Space may do something similar.
As Jim notes, there’s already a growing list of companies tied to the new space race — firms building satellites, communications systems, launch technologies and supporting infrastructure.
And unlike the original space race, this one isn’t being driven solely by governments.
The Apollo program was a national project.
This new era is increasingly a partnership between governments and private industry. NASA still matters. The Pentagon still matters. But entrepreneurs, engineers and investors now have seats at the table too.
In a strange way, the SpaceX IPO feels less like a stock offering and more like a milestone.
A sign that America may be rediscovering something it lost.
The willingness to tackle giant projects. To think in decades instead of quarters.
To pursue goals that sound impossible right up until the moment they’re achieved.
That idea has been on my mind lately as America approaches its 250th birthday.
For all the headlines about inflation, politics and economic uncertainty, there are also signs of renewal hiding in plain sight.
The United States is rebuilding industrial capacity. Supply chains are being reshored. And companies like SpaceX are once again pushing the boundaries of what seems possible.
Which brings me to Philadelphia…
On Thursday at 1 p.m. ET, Jim Rickards and his team of analysts will gather in the city where the American experiment began for a FREE livestream event called America 76/26.
Together, they’ll explore the forces reshaping the economy, from AI and energy to manufacturing, critical minerals, defense and the opportunities emerging from these long-term trends.
The SpaceX IPO may be grabbing headlines today. But the bigger story is what it represents.
After years of thinking small, America may be learning to dream big again.
Market Rundown for Monday, June 1, 2026
S&P 500 futures are up 0.25% to 7,615.
Oil is up 3.50% to $90.40 for a barrel of WTI.
Gold’s down 1.20% to $4,537.10 per ounce.
And Bitcoin is down 1.60% to $72,230 at the time of writing.

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