Which vehicle does the Musk cult choose post SpaceX IPO?

Today, a look at markets that are - and should remain - a bit nervous given the big push higher in global yields of late. Up ahead, we have some huge tests for this market, including Nvidia's earnings report Wednesday, a critical Starship launch pre-SpaceX IPO. And once SpaceX does IPO, how will that impact Tesla shares as the Musk faithful will suddenly have two vehicles to choose from. Also, the USD surge, sterling comeback, other earnings ahead and more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links Bloomberg covers Meta's insane USD 200 billion data center A writer on Medium.com (paywall) questions whether SpaceX's Starship is a white elephant after Reuters reported the company has already sunk USD 15 billion into the project.  And once SpaceX IPO's, what will it mean for Tesla share holders as the Musk faithful suddenly have two vehicles into which to sink their life savings? Saxo's own Charu Chanana covers the latest Berkshire 13F filings tracking their Q1 additions and reductions from their portfolio. About twice per week, you will find links discussed on the podcast and a chart-of-the-day over at the John J. Hardy substack. Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMER This content is marketing material. Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.