It didn't take long for the SpaceX (SPCX) IPO frenzy to die down...
On June 12, public trading opened on SpaceX shares for $135 a share. It was the most anticipated and valuable IPO of all time. The first few days didn't disappoint. Elon Musk became the world's first trillionaire as shares soared to $225.
But as I write, shares trade for around $118. That's 12.6% below the IPO price.
It's not unusual to see a reversal on a big IPO. I've been telling readers that SpaceX is overhyped and that the company's $2.7 trillion peak valuation wasn't justified for a company that lost about $5 billion last year.
But SpaceX has also had some technical difficulties this month...
Last week, it aborted a Starship flight test seconds before its launch due to engine issues. (Starship is the vehicle SpaceX hopes will take people to Mars.) Then, on Monday, SpaceX scrubbed the launch of its Falcon 9 rocket, which was meant to take 24 satellites into space. The company didn't give its reasons, but it did launch successfully the next day.
Some investors see these troubles as a reason to stay away. Others argue that, at its core, SpaceX isn't a space-exploration company – it's an AI one. So who cares about a scrubbed mission or two? And to me, this is a dud investment because of its inflated valuation.
The real lesson here is that the real winners of the SpaceX IPO were never going to be average shareholders, but those who got in before the company went public – like employees and accredited investors.
The trouble is that most folks don't have a chance to get in on the ground floor of these companies...
But there's another great opportunity to see big gains outside of a company's IPO. It involves an asset that I've personally invested in and achieved stellar results with. For a certain group of folks, every $10,000 turned into $175,000.
And right now, the AI boom is fueling major investment in this asset.
Next week, my colleague Luke Lango (from our corporate affiliate InvestorPlace) is hosting the 2026 AI Megadeal Event, where he'll reveal:
- Why Silicon Valley insiders are in an all-out race to secure their positions in a little-known AI asset that does not trade on the stock market...
- How to get your cut of the $8.9 trillion windfall swirling around this asset in the next 12 to 24 months...
- Why this asset was an instrumental stepping stone to Luke becoming a millionaire by age 26, as well as what made Elon Musk and Mark Cuban rich in their early days...
Plus, you'll get Luke's live recommendation for this particular asset. It's free for all day-of attendees.
Luke is the best kind of analyst to bring this kind of research to you. No one else I know has the same combination of expertise, insight, and Silicon Valley connections.
Click here to reserve your spot.
Now, let's get to this week's Q&A... And as always, keep sending your comments, questions, and topic suggestions to feedback@healthandwealthbulletin.com. My team and I read every e-mail.
The Right Way to Wash Produce
Q: Doc, thanks for your issue on cyclosporiasis. Do you have any tips for washing produce? – S.M.
A: Thanks for your question, S.M. The rinse I prefer for produce is a mix of water and white vinegar (about 3 to 4 parts water to 1 part vinegar). I let everything soak for a few minutes and then rinse the fruits and vegetables with just water.
If you're short on time, at the very least, even a simple run under the tap helps... A study from the Journal of Food Protection also showed that simply letting leafy greens soak in cold tap water for two minutes before rinsing had a similar effect to a long soak.
But for irregularly shaped foods with lots of tight spaces, like broccoli, you might want to take the time to give them a good soak.
That's my standard everyday advice for washing produce. But you should know this won't reduce your risk of getting the cyclosporiasis parasite. As I mentioned on Tuesday, stick with produce that you can cook or peel until we learn the culprit.
What We're Reading...
- Did you miss it? This parasite is breaking all the food-safety rules.
- Something different: OpenAI cyber models broke out of their training environment to hack a company.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig and the Health & Wealth Bulletin Research Team
July 24, 2026