Author: Doug Kass

Not such an outlier anymore. According to this breakdown, the SpaceX reach for $1.75T valuation is largely based on them valuing the enterprise portion of the AI biz at $800B! Which, considering the biz doesn't exist is…a stretch. https://t.co/M030LXvuvv

— Chris O'Brien (@obrien) June 8, 2026

I have watched a parade of talking heads go on Fin TV to confidentally discuss the SpaceX IPO over the last few weeks.
Not one (especially the two people on @cnbc yesterday @squawkbox who talked in "glittering generalities") was rigorous in their analysis.
My guess is that few…

— Dougie Kass (@DougKass) June 9, 2026

"No one can reasonably and reliably know where the price of BTC is headed over the long term. … There is no fundamental valuation anchor to which Bitcoin's value is tethered. " https://t.co/iPoVMeVBIZ

— joe sho (@joeshoeth) June 9, 2026

We value SpaceX at $63 per share, a 53% discount to the upcoming IPO’s offering price.

Even giving SpaceX the benefit of the doubt in several key forecasts, only the most optimistic ‘Moonshot’ scenario approaches the IPO offering price. https://t.co/ibUZ4lUaWw

— Morningstar, Inc. (@MorningstarInc) June 8, 2026

Warren Buffett's Berkshire Hathaway is now sitting on an all-time high $397 Billion in Cash, enough to buy 477 companies in the S&P 500 🚨🤑 pic.twitter.com/NaiYaL8IEP

— Barchart (@Barchart) June 8, 2026

Howard Marks has been writing investment memos for 30 years that Warren Buffett says he reads first thing every time.

In 36 minutes he explains why every bull market ends the same way – and where he thinks we are right now.

36-min. Oaktree. TBPN.

Bookmark & watch – the… https://t.co/iJuQWAuNTs pic.twitter.com/kY1aY8Syht

— Loofy (@Loofyb0i) June 8, 2026

For all the valuation junkies out there, BofA just released their 20 metrics to help show where overvaluation 🆚 undervaluation meets.

BofA's analysis of S&P richness suggests that the S&P is overvalued 🆚 the historical average on 17/20 metrics.

So, bulls, at least you get 3. pic.twitter.com/swt1Q5dija

— JTheretohelp1 (@JTheretohelp1) June 8, 2026

Apple now trades at 10.36x sales. The highest valuation in its history.

Remember Scott McNealy's warning about 10x sales? Apple just crossed it.

But here's the part that should stop you.

McNealy was describing a hypergrowth company. Apple is not. Apple's annual revenue:

–… https://t.co/MGDBT15dLY pic.twitter.com/1K7dHp5eeJ

— Thierry from arvy 🇨🇭 (@ThierryBorgeat) June 8, 2026