# SpaceX's AI Acquisition, Fed Rate Cuts, and Bitcoin Margin Call Risks

Page: https://stenobird.com/podcast/millionaire-mindcast-50917/spacex-s-ai-acquisition-fed-rate-cuts-and-bitcoin-margin-call-risks
Text version: https://stenobird.com/podcast/millionaire-mindcast-50917/spacex-s-ai-acquisition-fed-rate-cuts-and-bitcoin-margin-call-risks.md
Podcast: [Millionaire Mindcast](https://stenobird.com/podcast/millionaire-mindcast-50917)
Published: 2026-06-17T12:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/millionaire-mindcast/episodes/SpaceXs-AI-Acquisition--Fed-Rate-Cuts--and-Bitcoin-Margin-Call-Risks-e3kth56
Audio file: https://anchor.fm/s/105c8b1d4/podcast/play/121602662/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-17%2F426307363-44100-2-16fbc294674c3.mp3
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JSON: https://stenobird.com/v1/public/podcasts/millionaire-mindcast-50917/episodes/spacex-s-ai-acquisition-fed-rate-cuts-and-bitcoin-margin-call-risks
Duration seconds: 3059

## Resource

This week, we unpack a massive news cycle, starting with the geopolitical and economic implications of the newly announced Iran conflict agreement and its immediate impact on oil prices. We also preview the highly anticipated first FOMC meeting under Kevin Warsh, analyzing recent inflation data and consumer spending trends to predict whether a July rate cut is still on the table. We dive deep into the markets, examining the latest S&P 500 volatility and why the AI sector still has room to run without being in a bubble. Finally, we break down SpaceX's massive $60 billion acquisition of Cursor, explore the hidden bear trap within the ongoing SpaceX IPO retail pump, and analyze the very real risks of Michael Saylor facing a margin call on his leveraged Bitcoin strategy. KEY TOPICS DISCUSSED Geopolitical market impacts from the US-Iran MOU and falling oil prices Fed Chair Kevin Warsh's first FOMC meeting and rate cut expectations May PPI and CPI inflation data versus slowing summer consumer spending S&P 500 technical analysis and the potential for a gap fill correction SpaceX's $60 billion all-stock acquisition of AI company Cursor FTX's missed $3 billion return on early Cursor investments Post-IPO retail liquidity traps and the upcoming SpaceX share lockup expiration MSTR convertible debt risks and Michael Saylor's Bitcoin margin call scenario The stale real estate market and million-dollar starter homes in 242 cities Fannie Mae backing a $4.2 million real estate transaction using Bitcoin collateral KEY TAKEAWAYS Do not fall for the retail IPO trap. With 95% of SpaceX shares locked up, the current price pump is retail-driven, creating a potential bear trap when insider lockups expire next June. AI is not a bubble; it is a fundamental tech shift. Massive capital mo…

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