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SpaceX IPO “Cancelled”?

Editor June 3, 2026 5 minutes read
39978330-52c1-44e8-a7bf-0bfb24e7a6ce

June 3, 2026

SpaceX IPO “Cancelled”?

Featured – MRVL: When Nvidia Talks, Markets Move


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Editor’s Note: Our friend Louis Navellier is a regular guest at Mar-a-Lago, President Trump’s private residence in Palm Beach Florida. He’s also one of America’s top tech investors, managing a $1.1 billion portfolio – including $358 million in AI stocks. (He recommended Nvidia to his followers before it soared 44,000%.) In addition, he predicted the Dot-Com crash. He called Google’s rise. And now he has a shocking warning about the SpaceX IPO that all Americans deserve to hear. See below for details.


SpaceX is headed toward what could be a $1.6 trillion IPO – the biggest in history.

It could make Elon the world’s first trillionaire.

And it would likely create countless new millionaires and billionaires, too.

But Elon’s dreams of dominating space and AI could soon come crashing down.

Because Donald Trump has recently signed Executive Order (#14363).

While the mainstream media obsesses over this historic IPO…

Not only could it render SpaceX’s AI technology obsolete…

It could trigger a $100 trillion “reset” of the AI markets in America.

How could it disrupt the biggest IPO in history in the process?

How could it send shares of one obscure AI stock soaring?

And how could you turn this into a massive opportunity, starting now?

Simply click here for my brand-new presentation revealing all the details.

I even reveal the name and ticker of one company poised to profit, for free.

Fair warning: This information is very time sensitive. I could take it down at any time.

So please don’t delay. Inform yourself now, before the big IPO.

Louis Navellier
Senior Investment Analyst, InvestorPlace

P.S. I consider this the biggest prediction in my 40-year career.

Trump’s executive order could send shockwaves throughout the AI economy. As you’ll see, he’s building a new AI technology 283 trillion times more powerful than Elon’s. It may sound crazy. But it’s 100% true. And understanding exactly what’s coming could save you a lot of money in 2026… while getting you in early on the biggest AI revolution ever.


FEATURED
MRVL: When Nvidia Talks, Markets Move

MRVL: When Nvidia Talks, Markets Move

Most Computex headlines fade by Friday. This one is different.

On June 2, 2026, Marvell Technology (NASDAQ: MRVL) closed at $290.79, up 32.52% in a single session on volume more than triple the three-month average. The spark was a four-word introduction from Nvidia CEO Jensen Huang on stage at Computex Taipei, where he stood alongside Marvell CEO Matt Murphy and called Marvell “the next trillion-dollar company.” That is not a throwaway compliment from a man running a $3 trillion enterprise. Huang framed Marvell as essential plumbing for the AI factory era, specifically anchored in networking, optical interconnect, and custom application-specific chips.

Here is the part people skip: the endorsement landed on top of already exceptional fundamentals. On May 27, Marvell reported record Q1 FY27 revenue of $2.418 billion, up 28% year-over-year, with non-GAAP EPS of $0.80 beating the analyst estimate of $0.79. Data center revenue came in at $1.833 billion, up 27% year-over-year, and contributed 76% of total revenue. Operating cash flow hit a record $638.8 million. Management guided Q2 FY27 revenue to $2.700 billion and raised its full-year FY27 revenue target to approximately $11.5 billion, citing what it described as exceptional AI-related bookings.

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Custom silicon is the longer-duration thesis here. Marvell projects that its custom chip revenue could exceed $10 billion by fiscal 2029, driven by hyperscalers expanding AI-focused data center capacity and moving toward custom-designed semiconductors as alternatives to off-the-shelf processors. In March 2026, Nvidia committed $2 billion into Marvell via NVLink Fusion, an ecosystem architecture deal, not simply a component supply agreement.

Then there is the Teralynx T100. On June 1, Marvell introduced the industry’s first 102.4 Tbps switch silicon purpose-built for AI, built on 3nm process technology, running under 1,000W typical power, and delivering up to 25% lower power than competitive solutions. It supports up to a 512-port scale-out radix, enabling operators to flatten network architectures and reduce latency across clusters running tens of thousands of accelerators. Sampling begins this quarter.

What matters now is execution. A 32.5% single-session move transforms Marvell from a discovery story into an execution story. The stock is trading more than 50% above its 20-day simple moving average, with RSI above 74. Valuation risk is real. The question forward is whether $11.5 billion in FY27 revenue guidance and a $10 billion custom silicon target by FY29 justify a market cap approaching the trillion-dollar range Jensen Huang suggested on stage.

For traders watching the next move: Q2 earnings are expected August 20, 2026. The forward revenue estimate stands at $2.69 billion. That is the next hard number this story has to clear.

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