To The Moon

Oil prices were edging lower early Thursday as the U.S. and Iran continued to exchange strikes. Markets were reacting to President Donald Trump's claim that American forces were in control of the Strait of Hormuz.Brent crude futures, the international standard, were down 0.8% at $92.40 a barrel. West Texas Intermediate futures were falling 0.5% at $89.62 a barrel.The U.S. launched strikes on Iranian military surveillance capabilities, communication systems, and air defense sites across Iran on Wednesday, according to U.S. Central Command. Iran said it targeted the U.S. Fifth Fleet in Bahrain in a drone attack.Additionally, Trump said late Wednesday that the U.S. had been clandestinely guiding some ships through the crucial Strait of Hormuz. The president said more than 200 commercial ships had safely traveled the crucial waterway, resulting in more than 100 million barrels of oil reaching the market."This wildly successful effort is because the UNITED STATES of AMERICA CONTROLS the Str

Is SpaceX a rocket company, satellite communications business or AI powerhouse?That's a key question for investors to assess heading into the IPO.SpaceX may not generate the bulk of its revenue from space, but it needs to succeed with its Starship mega-rocket in order to achieve its full vision.Investors best know SpaceX as a rocket-launch company, but for now, satellite communications are what pays the bills. And going forward, Elon Musk sees its biggest market opportunity in a third area: artificial intelligence.Up until February, that answer was clear. Then SpaceX blended its more mature rocket and telecommunications businesses with an early-stage AI company, xAI, which Morningstar's Nicolas Owens said marked when SpaceX "changed its stripes." There's a good reason for that."For the purposes of going public, having the AI business front and center positions this as more in line with one of the hottest investing themes ever," Owens told MarketWatch.Don't miss: These 'nerds' earned m