Introducing: Elon Musk’s Next Trillion Dollar Company

Reporting from the Four Seasons Hotel in Baltimore!

Yesterday, we packed the conference center with over 400 speakers and guests. 

And as a follow-up to yesterday's coverage, I want to give you a few more hot takes on the event. 

More specifically, I want to share a stock pick from my favorite panel discussion from yesterday: The Next “Magnificent 7.”

Altuhcher’s Investment Network (left to right): Ari Goldschmidt, Chris Campbell, Ray Blanco, James Altucher, Zach Scheidt, Bob Byrne, Chris Cimorelli

You are probably familiar with the current Magnificent 7 stocks: Apple, Microsoft, Nvidia, Tesla, Meta Platforms, Amazon, and Alphabet. 

These stocks have performed incredibly well over the last few years. 

However, we know these stocks won’t keep going up forever. 

Besides, much of the upside has likely already occurred. 

So… James and his Investment Network sat down to discuss what the next MAG-7 could look like.

And while I can’t share all the tickers thrown around in this closed-door meeting…

I do want to share one of the most compelling picks that came from none other than your Altucher Confidential Editor, Chris Campbell.

Starlink: Elon Musk’s Next Trillion Dollar Company

Thanks to Elon, an entirely new era of modern internet has just arrived – one that will deliver high-speed internet to everyone worldwide without requiring a modem, towers, or cables. 

This innovation could dramatically change our way of living and America’s future forever. 

Yes, I’m talking about Starlink, the company Elon plans to IPO in the next couple of months. 

Your Editor Chris Campbell gave a great rundown of this stock at yesterday’s event. 

James Altucher even called this a potential “Super-IPO” because it could create hundreds of billions of dollars on the first day it goes public.

Here are my notes from the event: 

42 million Americans have no access to broadband internet.

And for those of us who do have internet coverage, it’s often expensive and low-quality. 

The fact is the need for quality, high-speed internet coverage is becoming more and more important in today’s world. 

Not only are typical at-home network demands increasing – with virtual meetings, video streaming, and online gaming all becoming more popular and requiring faster and more reliable connections – but on-the-go connectivity is also becoming more critical. 

Not to mention businesses will rapidly grow their network demands as more and more industries adopt complicated and taxing AI applications. 

Starlink, the satellite communications company of Elon’s privately held company SpaceX, plans to fix the broadband issue – and mark the beginning of a trillion-dollar industry. 

Investors who get in early on this radical tech breakthrough will be on track for historic gains. 

It could end up being bigger than the original internet. 

Again, Starlink is currently a private business owned by SpaceX. 

It’s tough to predict when Elon will decide to take this company public. 

However, he has dropped a few hints on X/Twitter.

This tweet was back in 2021.

Even better, Elon followed up that tweet in 2023 by confirming that Starlink achieved breakeven cash flow.

Insiders are reporting that a spinoff is already in the works, with SpaceX’s assets being moved to a wholly-owned subsidiary. 

The stars seem to be aligning, so the question is less “if ” but “when” Elon’s next $1 trillion company will go public.

Before I Let You Go… A Few More Things

Yesterday, I promised I’d get you live footage from James’ speeches.

Check out the video yourself below.