Last year, you might recall, I pounded the table on one space stock above all others.

Iridium.

It was my highest-conviction pick. It's also one of my biggest stock holdings by far…

Up 175% so far this year. 

I'm telling you this not to boast. Actually, the opposite.

Because one thing just happened that’s changing my thesis on space entirely. And it has to do with this one big announcement: 

Next week, Altucher Confidential is doing something we've never done before: getting up early. Every morning, in a special new series called SuperIPO: Countdown, we're going to present the BEST research from our top experts on what you should do BEFORE the SpaceX IPO hits.

At the center of it is one thing: our SpaceX SuperIPO Summit, this Tuesday, June 8.

It’s going to be the biggest event we’ve held all year, for good reason. And with one unifying message:

Do NOT buy shares of SpaceX on IPO day.

Before I show you what to expect, let me explain why I loved Iridium…

And why Elon's next move could change my whole thesis.

Why Iridium

Iridium owns something they aren't making more of: spectrum.

Specifically, L-band spectrum with ITU priority rights. While everyone fought over flashy satellite names, Iridium quietly sat on the radio equivalent of beachfront property. 

Its 66-satellite constellation blankets the entire planet—poles included—and its signal punches through weather, foliage, and the sort of terrain that makes ordinary networks weep.

Then the market caught up. 

Precision timing for a GPS-dependent economy that suddenly noticed GPS can be jammed. Defense contracts. Every smartphone maker on Earth wanting a backup link when the towers go dark.

Scarce asset, surging demand, decades-long head start. That's the whole pitch. 

And it worked beautifully.

I still think Iridium can double from here. The spectrum doesn't get less valuable. The tailwinds don't reverse. I'm not selling a share.

But conviction and tunnel vision are first cousins—and you should always check whether the family resemblance has gotten out of hand.

Elon Changed the Board

While I was admiring Iridium, Musk did something that rearranged the entire space-investing map.

It began when SpaceX absorbed xAI.

That was the headline. The financial press treated it as accounting—a clever way to stamp a number on the IPO. They missed what Musk was actually doing in plain sight.

I’ll tell you this… 

It’s a different category of bet than spectrum scarcity. While Iridium is a beautiful toll booth on existing low-orbit space infrastructure, SpaceX is repaving the entire AI industry into something nobody's priced yet.

And when the biggest IPO in history is also a bet on a brand-new frontier of AI, you want to know where you stand before the doors open—not the morning after.

Which brings me back to where I started. 

Every morning, we're going to deliver our experts' top ideas for positioning ahead of the SpaceX IPO. 

The alarm's set.

There’s only ONE thing you need to do now: 

Make sure you're on the list for our SpaceX SuperIPO Summit so you don't sleep through it:

Click here to sign up for the SpaceX SuperIPO Summit.

Stay tuned and keep your eyes peeled on Monday morning.