💡 JP Morgan went to prison for this

The $920 million settlement they didn't want you to see  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

February 03, 2026   |   Read Online Dear Fellow Investor, In February 2025, a JP Morgan executive named Gregg Smith was sentenced to two years in federal prison. His crime? For eight years, he manipulated gold and silver prices through "spoofing." Thousands of fake orders. Prices driven down. Then canceled milliseconds later. The Department of Justice called it "racketeering." JP Morgan paid $920 million. The largest fine in CFTC history. And here's the kicker. They're STILL one of the most powerful players in the gold market. Still moving mountains of paper every day. Now look at last Friday. Gold crashed 17%. Silver dropped 31%. Right before the crash, the paper-to-physical ratio hit 22-to-1. Silver was in backwardation — spot prices HIGHER than futures. The market was screaming: "There's not enough real metal!" Then came the avalanche of sell orders. Coincidence? The Cartel doesn't panic when they're winning. They panic when they're losing control. I've identified the one stock at the center of this crisis. Get The Name & Ticker Here >>> "The Buck Stops Here," Dylan Jovine, CEO & Founder Behind the Markets Fresh Insight for You The $1.25T SpaceX-xAI Merger: What Investors Need to Know Market News: SpaceX acquires xAI: $1.25 trillion combined valuation Palantir $PLTR ( ▲ 0.8% ) surges 11% in premarket after reported strong earnings with revenue $1.4 billion (up 70% YoY) Gold rose up more than 5% to above $4,900 per ounce on Tuesday, while silver rebounded above $85. Oil fell sharply Monday. Brent crude is trading nearly $66 per barrel. Two more members of the Mag7 report this week: Alphabet $GOOGL ( ▲ 1.68% ) and Amazon $AMZN ( ▲ 1.53% ) .  SanDisk $SNDK ( ▲ 15.44% ) rising on Wall Street's increasing bullish outlook Trump slashed tariffs on India from 25% to 18% A partial shutdown is ongoing, which is delaying some economic data releases  Hedge Fund Vet's Secret For 9,760%+ In 60 Days* (ad) Elon Musk just made it official.  SpaceX acquired xAI in a deal that created the most valuable private company worldwide. Combined, the new entity is worth $1.25 trillion. That's not a typo. This isn't just another headline about Musk rolling up his companies.  There's a real business story underneath it. And if you're paying attention to where AI and space tech are headed, this one's worth your time. Let's walk through it. No fluff, just the things that matter. What Actually Happened? Elon Musk SpaceX bought xAI. Musk confirmed it himself.  The deal brings together two of his biggest ventures.  SpaceX is the company that dominates the rocket launch market and runs the Starlink satellite network, over 9 million subscribers and counting.  xAI is the startup behind Grok, one of the newer AI chatbots competing with ChatGPT and Google's Gemini. The combined company is now valued at roughly $1.25 trillion. To put that in perspective, that's somewhere around the 25th most valuable company in the world.  Except you can't buy a single share of it. Not yet, anyway. Musk's Ambitious Vision SpaceX The short answer: data centers are running out of room on Earth. Training and running big AI models takes massive amounts of power and cooling.  Terrestrial data centers are straining under that demand. Some communities near these facilities, including Memphis, Tennessee, where xAI built its Colossus data center, have felt the strain firsthand. More power. More water. More noise. More strain on local grids. So Musk's idea is straightforward: take the data centers off the ground and put them in space. Space gives you two things Earth simply can't match. Unlimited, uninterrupted solar energy. And natural radiative cooling: no water, no massive HVAC systems, no power grid dependency. SpaceX already has the rockets. It already has a satellite network. And now, with xAI folded in, it has the AI software and models to actually run once the hardware gets up there. Musk wrote in his memo that within 2 to 3 years, the cheapest way to run an AI might actually be in orbit. That's an aggressive timeline, but SpaceX has a track record of beating timelines that everyone else thought were impossible. Here's the thing though. Musk isn't the first person to think this way. In late 2025, Google developed a project called "Suncatcher."  The concept was the same: use fleets of solar-powered satellites in orbit to train AI models. Google saw the energy wall coming before most people were talking about it. They started exploring the idea quietly, and by the time Musk made his move public, Google had already been working on it for months. So the vision isn't new. What's new is that Musk now has the best shot at actually executing it — because he owns both the launch vehicle and the AI. Nobody else can say that. That's the real play here. Not just the idea. The infrastructure to make it real. The Numbers Behind the Deal Here's where it gets interesting, especially if you're thinking about where to put your money. SpaceX made an estimated $8 billion in profit on roughly $15–16 billion in revenue in 2025. This is a profitable company. A real one.  Starlink alone is projected to bring in around $11.8 billion in revenue this year. xAI is a completely different story. It's burning about $1 billion a month right now. Revenue is still small, around $500 million guided for 2025, though it's growing fast. The company raised $20 billion in its latest round at a $230 billion valuation. That's a lot of money from a lot of smart investors who clearly believe in where this is going. So together, what do you get? A company with SpaceX's cash flow and infrastructure paired with xAI's AI ambition and technology.  It's all about Musk's ambitious vision of the AI future. Strategically, it actually makes a lot of sense.   This is YOUR moment with Musk Everyone's chasing the SpaceX IPO. Smart money is positioning elsewhere. Elon's launching an AI play in weeks — before SpaceX ever goes public. Institutions see it. Retail doesn't. Google made billions betting early on Musk in 2015. History's repeating. The question: Will you move before the crowd? See the AI play before it's public → *ad   SpaceX IPO SpaceX has reportedly been preparing for an IPO as early as June 2026. Reports from Reuters and Bloomberg suggest it could price at or above $1.25 trillion. If that happens, it would be one of the largest public listings in history. Period. Musk didn't mention the IPO in his memo, but the fact that he's consolidating both companies before an IPO is hard to ignore.  If SpaceX does go public, it won't be just a space stock. It won't be just an AI stock either. It'll be both, and that combination doesn't really exist anywhere else on the market right now.  That's worth paying attention to. Advance Space-Based AI SpaceX isn't like most tech plays. It has government contracts.  It runs critical infrastructure that millions of people depend on—Starlink.  Its revenue doesn't lean heavily on consumer spending. That's not a guarantee it'll survive every recession without a scratch. But it's a meaningfully different risk profile than most of the AI-heavy names out there. Essential services. Diversified revenue. Government ties.  SpaceX, especially the combined version with xAI, checks more of those boxes than you might expect. Bottom Line A few things stand out, and they're worth being honest about. First, SpaceX is still private. You can't buy it today. If an IPO lands, that changes everything. But right now, you're watching from the sidelines. Second, the space-based data center idea is ambitious. Really ambitious. Musk has pulled off things that seemed impossible before, but he's also missed his own deadlines more than once. The 2–3 year timeline for a million satellite orbital AI data center megaconstellation should be read with that in mind.  Third, there are real risks. xAI is burning cash fast. The regulatory landscape around AI is shifting. And putting this many Musk companies under one roof raises questions about complexity, oversight, and what happens if one piece of the puzzle doesn't work. SpaceX is already one of the most valuable and profitable private companies on Earth. xAI is one of the fastest-growing AI startups. Putting them together creates something that nobody has attempted before, a single company that can launch, power, and operate AI in space. That's the $1.25 trillion question. Keep watching. This story has barely started.     Quick rating How was this one? 💡💡💡💡💡 Solid read 💡💡💡 It was okay 💡 Next, please     Disclaimer: This analysis is for educational purposes only and should not be considered investment advice. Always do your own research before making investment decisions. Items marked with an asterisk (*) are promotional and help support this newsletter at no cost to readers.   Update your email preferences or unsubscribe here © 2026 Trader Insights Media 1211 Tech Blvd Suite 109 Tampa, FL 33619, United States Terms of Service