In Episode 59 of The Money Alchemist Podcast, Brent Gargano and Ben Jones discuss one of the largest IPOs in history as SpaceX officially goes public, raising billions and pushing Elon Musk's net worth to unprecedented levels.

The conversation explores how IPOs work, why companies go public, what investors should know about IPO volatility, and whether participating in high-profile public offerings is actually a good investment strategy.

The episode also covers new stock market highs, recent developments in the Middle East, the growing debate around AI regulation, and what today's headlines may mean for investors.

In Episode 59, topics include:

• The SpaceX IPO • Elon Musk's Net Worth • How IPOs Work • IPO Risks & Volatility • Private vs Public Companies • Stock Market All-Time Highs • AI Regulation & Anthropic • Investing Psychology • Portfolio Diversification • Wealth Building Principles

About Your Hosts

Ben Jones, CFP® Managing Director, National Wealth Management Group www.nwmgadvisors.com

Sign up for Ben's newsletter at www.karatstick.com

Follow Ben on X @thekaratstick

Brent Gargano, CFP® Founder & Advisor, Infinite Wealth Planning www.infinitewealthplanning.com

Questions or comments?

comments@moneyalchemistshow.com

Timestamps

00:00 Welcome Back & Episode Introduction

02:35 Recapping Episode 58 with Dr. Bryan Buechner

04:45 Consumer Psychology & Investing

12:00 Middle East Updates & Market Impact

15:00 Why Markets Keep Hitting New Highs

18:45 AI Adoption & Career Implications

22:15 Anthropic, AI Regulation & Government Intervention

30:00 SpaceX IPO Explained

34:30 How IPOs Actually Work

38:30 Elon Musk Becomes The World's First Trillionaire

46:30 Should Investors Participate In IPOs?

49:00 Why IPOs Often Struggle After Launch

53:00 Valuations, Dilution & Share Issuance

57:30 Concentration vs Diversification

59:30 Final Thoughts

The information provided on this podcast is for educational and informational purposes only and should not be construed as personalized investment, financial, tax, or legal advice. The views expressed here are those of the hosts and guests and do not necessarily reflect the views of National Wealth Management Group, LLC or its affiliates.

Investing involves risk, including the potential loss of principal. There is no guarantee that any investment strategy discussed will be successful or profitable. Past performance is not indicative of future results.

Economic discussions are based on current data and opinions, which are subject to change and may not accurately predict future events. We encourage listeners to conduct their own research and seek guidance from a certified financial advisor before making any decisions.

Advisory services are offered through National Wealth Management Group, LLC. For more information about National Wealth Management Group including Forms ADV and CRS, please visit www.nwmgadvisors.com.