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About to get an IPO in 2026

This Week at InvestKaki:
Big Hits [U.S.] 💵
Moving on, here are the news that shocked the world…
SpaceX IPO $TSLA ( ▼ 0.45% ) : Elon Musk is reportedly trying to list SpaceX, a space rocket company, next year with a potential valuation of US$1.5 trillion [Read More]
Lululemon $LULU ( ▼ 2.63% ) : Lululemon’s earnings exceeded expectations. Revenue grew by 7% driven by its international sales, while local sales lagged behind. [Read More]
Broadcom $AVGO ( ▲ 3.18% ) : Fresh off its Alphabet Gemini 3 news, Broadcom had a setback despit earnings exceeding expectations. Apparently, investors were not fond of its backlog orders and a possible AI bubble [Read More]
Coursera X Udemy $COUR ( ▼ 6.89% ) $UDMY ( ▼ 5.24% ): Coursera and Udemy is merging together to form the biggest online education platform valued at around US$2.5 billion [Read More]
Micron $MU ( ▲ 6.99% ) : Micron Technology’s earnings blew past expectations. Most of its AI chips are sold out as demand soars and the company projects a 40% annual growth in the market until 2028 [Read More]
7 Actionable Ways to Achieve a Comfortable Retirement
Your dream retirement isn’t going to fund itself—that’s what your portfolio is for.
When generating income for a comfortable retirement, there are countless options to weigh. Muni bonds, dividends, REITs, Master Limited Partnerships—each comes with risk and oppor-tunity.
The Definitive Guide to Retirement Income from Fisher investments shows you ways you can position your portfolio to help you maintain or improve your lifestyle in retirement.
It also highlights common mistakes, such as tax mistakes, that can make a substantial differ-ence as you plan your well-deserved future.
Big Hits [Asia] 📊
Here are the news covering the Asia market…
MetaX: MetaX’s IPO was hot. Share price rose by 700% from its listing price, as investors rush for a local Chinese AI chipmaker that is capable of supplying to the Chinese market. [Read More]
Keppel REIT: Keppel REIT is buying two data centres from Keppel Ltd for SG$50 million as it looks to shore up its data centre portfolio [Read More]
Capitaland Integrated: A consortium with Capitaland Integrated has submitted a SG$15 billion tender for a mixed-use commercial and residential site at Hougang Central [Read More]
F&N: Fraser & Neave is acquiring 4.6% share of Vinamik for SG$295 million from Jardine Cycle and Carriage. F&N is seeking to expand its dairy business in the region [Read More]
Super Bank: Super Bank, backed by Grab, has soared by 24% on its listing in the Jakarta Exchange. It plans to use the proceeds to develop new products and IT systems [Read More]
Reports 📝
See below for our handpicked analyst reports:
Stock | Headline | Link |
|---|---|---|
Micron | Higher projected growth, driven by AI demand | |
Dell | Higher AI server demand | |
Tencent | Network effects to drive growth | |
Seatrium | Clear profit recovery path with high margin orders | |
Keppel REIT | Exposure to Singapore’s premium offices |
Posts of the Week
This week, we are showcasing two excellent investment articles written by our SmallCapAsia writer, Augustine.
Firstly, dividend is the name of the game. But they are not just confined to large-cap companies. Here are small-cap Singaporean companies that are also delivering steady dividends.
Secondly, something out of the box, or rather, got some good feng shui.
Stock of the Week

AI is still the name of the game.
And this week, Micron takes the cake.
Its earnings for 1Q 2026 was a blast.
Revenue grew by 57% to US$13.6 billion.
Profits almost tripled to US$5.2 billion.
Micron is now experiencing economies of scale where its profit margins are increasing.
Operating profit margin increased from 25% in 1Q 2025 to 45% in 1Q 2026.
This was driven by its higher margins in the cloud memory (55%), mobile & client (47%) and data centre (37%).
For the financial year of 2026, Micro has already secured pricing and volumes from its clients for its HDM chips. This marks a clear view on its revenue sources.
Meanwhile, it is increasing its capital expenditures to US$20 billion in 2026 to ramp up production for HBM chips.
Despite that, the company projects that HBM will probably be in shortage, and hence, we could expect higher prices still.
Most of these are driven by AI demand, and Micron projects that the overall market could expand by 40% every year to reach US$100 billion by 2028.
Micron is currently trading at a low valuation of 23.4 times price-to-earnings ratio compared to the industry’s average of 36 times. Hence, analysts are expecting some upside from its undervaluation now.

Source: SimplyWallSt
Hope the above is fruitful for you all..
Cheers,
James Yeo


