About this episode

The episode discusses SpaceX's historic IPO and its implications for the market, alongside insights on oil prices and upcoming Federal Reserve meetings.

SpaceX’s public debut on the Nasdaq makes history, reaching over $2 trillion in market cap and minting Elon Musk as the world’s first trillionaire. Wedbush Securities Global head of tech research Dan Ives breaks down SpaceX’s first trading day and where the space stock is heading next. Then, the traders discuss what a potential peace deal with Iran means for the oil market, and what to expect from Kevin Warsh’s first Fed meeting next week. Plus, SpaceX isn’t the only stock soaring - why retail and chip stocks are also on the rise, and why software is falling short. Fast Money Disclaimer

People in this episode

Guest: Dan Ives

Topics covered

• SpaceX IPO
• Elon Musk
• oil market
• Kevin Warsh
• trading stocks
• retail stocks
• chip stocks

Keywords

• SpaceX
• IPO
• Elon Musk
• oil market
• Kevin Warsh
• trading
• stocks
• retail
• chip stocks
• software

Mentioned in this episode

Organizations: SpaceX, Wedbush Securities

Places: Iran

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