Wall Street Is Pumping SpaceX — So Why Is It Falling?
Prof G Markets
Jul 13
Wall Street Is Pumping SpaceX — So Why Is It Falling?
Wall Street Is Pumping SpaceX — So Why Is It Falling?

Prof G Markets
Jul 13
Shownote
Shownote
Patrick Boyle, professor at King’s College London and portfolio manager, fills
in for Scott. He and Ed discuss how SpaceX’s stock has traded over the past
couple weeks. They break down the price targets that analysts have issued and
explain why they’re concerned about potential conflicts of interest in equity
research. Then, they discuss why crypto bros don’t find crypto exciting anymore
and have moved onto AI. Finally, they explore why the housing market is showing
new signs of strain and what it would take to get home prices back to a
reasonable place.
Patrick Boyle is a professor at King’s College London and a portfolio manager
with more than 20 years of experience at hedge funds, investment banks and
private wealth management firms. He’s also the author of several books on
finance and hosts the podcast, Patrick Boyle On Finance.
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Highlights
Highlights
In this episode, guest host Patrick Boyle joins Ed to dissect three major market trends: the surprising decline of SpaceX's stock despite positive news, the shift of crypto investors towards AI, and the persistent strain in the housing market. They delve into the valuations, market psychology, and structural issues driving these stories.
Chapters
Chapters
Why is SpaceX stock falling despite all the good news?
00:00Are analysts' price targets for SpaceX just a conflict of interest?
06:06The great rotation: Why crypto bros are now chasing AI.
18:17The rise of 'financial nihilism' and risky trading behavior.
34:29Why the housing market is frozen and what it would take to fix it.
49:50Transcript
Transcript
Patrick Boyle: Monday.com AI agents took over my work. And I absolutely love it. Chasing deadlines, writing status reports, updating stakeholders. Agents handle the daily grind now. I stay in the loop only when it matters. Create your own AI agent in minut...
