OE
𝔗𝔥𝔢 𝔒𝔭𝔢𝔫 𝔈𝔠𝔬𝔫𝔬𝔪𝔦𝔰𝔱
Issue #9
Jun 11, 2026
The Take

SpaceX Goes Public Tomorrow With The Biggest IPO In History

SpaceX has set its IPO price at $135 a share, aiming to raise $75 billion at a $1.77 trillion valuation, the largest IPO ever. Elon Musk keeps over 82% voting control, with Goldman Sachs leading the deal. Shares price June 11 and begin trading on the Nasdaq under SPCX on June 12. The world's most valuable private company is about to be anyone's to own.
→ The New York Times
🔥Raza Unfiltered

MAPPING THE MOVES THAT MATTER

THIS WEEK: Tiger Woods Is A Billionaire. Almost None Of It Came From Golf

Tiger Woods figured out golf’s problem early: a trophy pays you once, but a famous name pays you forever. So he built his name like a business, turning his initials into a logo, the same red Sunday outfit into a brand, and his fame into deals with Nike, Gatorade, Buick and a best-selling video game that carried his name, not the sport’s. The golf made him famous. The name made the fortune.

Watch the full video here →
📰5 Things You Missed This Week

Inflation Just Broke 4% For The First Time In Three Years

US consumer prices rose 4.2% annually in May, the highest in three years, driven mainly by energy costs from the Iran war. The Fed is now boxed in: cut rates and fuel inflation, or hold and choke a slowing economy.

Finance

Apple Finally Gave Siri A Brain. It’s Paying Google $1 Billion A Year For It

At WWDC, Apple unveiled a completely rebuilt Siri powered by a custom 1.2 trillion parameter Google Gemini model, reportedly paying Google $1 billion a year. Siri can now hand questions to Claude or Gemini, and users can set third-party AI as the default.

Business

SpaceX Signed A $30 Billion AI Deal With Google. Right Before Going Public

SpaceX signed a $30 billion computing deal with Google days before its listing, while Apollo wrapped $35 billion in debt to buy AI chips for Anthropic. The AI infrastructure land grab is now happening at a scale never seen before.

Technology

The Iran Ceasefire Just Collapsed… Again

The U.S. and Iran reached a preliminary agreement extending the ceasefire for 60 days, opening negotiations on Iran’s nuclear programme and reopening the Strait of Hormuz. Fragile, unsigned, but the closest thing to peace in months.

Geopolitics

Trump Wants The Government To Buy Mortgages. Rates Won’t Budge Anyway

The 30-year mortgage rate is stuck at 6.48%, up sharply since the Iran war began pushing oil and inflation higher, and the Fed can do little about it. Trump now wants the government itself to buy mortgages to force rates down.

Future of Living
🛠️TOP 5 THINGS SCHOOLS NEVER TAUGHT YOU ABOUT MONEY
1

Compound interest is the closest thing to magic that exists

A small amount invested consistently, left to grow over decades, becomes life-changing money. Start at 25 instead of 35 and you could end up with double, for the same effort. Nobody teaches you that time matters more than the amount.

2

Inflation quietly makes you poorer every year

Money sitting in a standard savings account is losing value while you sleep. If your savings earn 1% and prices rise 4%, you are getting poorer holding cash. Schools never explain that doing nothing is itself a financial decision.

3

Your salary is not your wealth

High earners go broke all the time, and modest earners build fortunes. What matters is not what you make, but what you keep, invest and let grow. The gap between income and wealth is the lesson nobody teaches.

4

Debt can work for you or against you

There is a world of difference between debt that buys depreciating things and debt that funds appreciating assets. Understanding which is which is one of the most valuable financial skills you can have, and it is never on the curriculum.

5

Assets buy your freedom, not things

The wealthy buy assets that generate income, then use that income to fund their lifestyle. Most people do the reverse, buying liabilities first. Learning to buy assets before luxuries is the quiet habit that changes everything.

One company makes history while a fragile peace falls apart. That’s the world right now: extraordinary and uneasy, all at once. Back Thursday.

— The Open Economist

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