The MacroTourist

The MacroTourist

THE COUCH CUSHION ECONOMY

The demand/supply picture for equities has changed and investors should take notice

Kevin Muir's avatar
Kevin Muir
Jun 11, 2026
∙ Paid

THE COUCH CUSHION ECONOMY

On Friday, SpaceX will start trading in what will be the largest IPO in history. And it’s not like it’s squeaking over the line to capture that title. No, according to Renaissance Capital, SpaceX’s $75 billion IPO raise will be almost three times larger than the previous record holder (Saudi Aramco).

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