Every Saturday, I answer questions sent in directly from readers.

These aren’t scripted questions or polished Wall Street talking points.

They’re real questions from real investors trying to navigate a market that gets crazier by the week.

Let’s get into it.

How exactly can someone get in on the SpaceX IPO? – Carolyn

Great question, Carolyn. There are basically two realistic ways investors can try to participate in the SpaceX IPO.

Option #1: Request IPO Shares Through Your Brokerage

Some brokerages like Robinhood and Fidelity occasionally offer retail IPO access.

Investors can log into the platform, navigate to the IPO section, and submit a Conditional Offer to Buy (COB), requesting shares before the IPO begins trading.

That said, allocations are often very small and demand for SpaceX will likely be enormous.

Option #2: Buy Publicly Traded SpaceX Proxies

Personally, my favorite publicly traded SpaceX proxy remains SATS, also known as EchoStar.

There are also several funds with meaningful SpaceX exposure:

• Destiny Tech100 (DXYZ): roughly 14.5% of assets tied to SpaceX
• ERShares Private-Public Crossover ETF (XOVR): roughly 19.3%
• ARK Venture Fund (ARKVX): roughly 13.8%

Just remember that some of these funds can trade at huge premiums once IPO hype ramps up.

Do you still think that Freddie and Fannie will be freed from the conservatorship they’ve been operating under? – Phil

Yes! I believe this is more likely than not.

I would caution the assumption that Nvidia (NVDA) is safe. Near term, absolutely, but before you can argue Cerebras can't cut into demand you have to analyze the cost and processing of each. – Brett

Good point, Brett. I’d argue this is more of a “multiple winners can exist” situation rather than a “Cerebras dethrones Nvidia” scenario.

NVDA still has an enormous advantage in software, developer adoption, networking, and ecosystem scale. These moats are incredibly difficult to displace overnight.

That said, investors absolutely should pay attention to companies like Cerebras Systems because AI infrastructure ultimately becomes an economics game around performance, efficiency, power consumption, and cost.

The AI market may simply become large enough to support several major winners rather than one company taking everything.

Should we short Cerebras (CBRS) because it will pull back in the near term, similar to the Figma IPO? – Zach

That’s not my style, Zach.

In fact, although tech stocks have pulled back this week, the trend is still very much up and to the right.

So I wouldn’t be surprised if Cerebras actually moves higher from here.

There are plenty of lower-quality companies moving higher, why can’t an expensive high-quality stock move higher too?

Important Update: Follow The Million Mission on Twitter/X

Big news: I just launched a Twitter/X account so you can follow along with The Million Mission in real time. If you want quicker insights, early reactions to breaking news, and a closer look at how I’m navigating the road to $1 million – this is where I’ll be.

Come hang out, ask questions, and follow the Mission as it happens @DavisPWilson.

Another Important Update: The Million Mission website is live!

I’ve gotten plenty of feedback regarding where to find previous alerts. Well, The Million Mission website is finally live and you can check out archived alerts here.

Portfolio Overview

Here’s what I’m currently holding in The Million Mission portfolio:

Fannie Mae (FNMA) – 2,500 shares @ $7.25/share

Uber Technologies (UBER) – 200 shares @ $80/share

Nvidia (NVDA) – 200 shares @ $179/share