{"podcast":{"title":"The Stacking Benjamins Show","slug":"the-stacking-benjamins-show-745268","podcast_index_feed_id":745268,"rss_url":"https://rss.art19.com/stacking-benjamins","website_url":"https://art19.com/shows/stacking-benjamins","image_url":"https://content.production.cdn.art19.com/images/87/54/4a/99/87544a99-93b0-43d7-ab5a-85740bd3c717/71bf0e7a9549bbb1bd6387061e4babe7de5f5f69871c51df6cacfb170f26c893bd355e9bb2fdd3aa95cab86caf5780843b407fb86f6bfd21137c7217811f3de5.jpeg","author":"Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP","episode_count":1501,"summary":"Named Best Personal Finance Podcast by Bankrate.com and Kiplinger — and the only podcast the Plutus Awards retired from competition after winning twice — The Stacking Benjamins Show is personal finance that doesn’t put you to sleep. Hosts Joe Saul-Sehy (former 16-year financial advisor, ex-WXYZ-TV “Money Man”) and Josh “OG” Bannerman, CFP (Certified Financial Planner, Bannerman Wealth) sit around the card table in Joe’s mom’s half-finished basement in Texarkana and talk money with the smartest guests in personal finance, investing, and behavioral economics. As Fast Company wrote, the show “strikes a great balance of fun and functional.” Every Monday, Wednesday, and Friday: expert guests, real headlines, listener questions, and Doug’s trivia. Topics include investing, retirement planning, budgeting, real estate, behavioral finance, taxes, and financial independence — for anyone who wants to be smarter about money without being talked down to. Subscribe to The 201 — the free newsletter that goes deeper than the show — at stackingbenjamins.com/201","last_synced_at":"2026-07-20T16:21:40.778249+00:00","page_url":"https://stenobird.com/podcast/the-stacking-benjamins-show-745268"},"episode":{"title":"The SpaceX IPO Wasn't for You (and that's actually fine) SB1858","slug":"the-spacex-ipo-wasn-t-for-you-and-that-s-actually-fine-sb1858","published_at":"2026-06-22T08:01:00+00:00","page_url":"https://stenobird.com/podcast/the-stacking-benjamins-show-745268/the-spacex-ipo-wasn-t-for-you-and-that-s-actually-fine-sb1858","show_page_url":"https://stenobird.com/podcast/the-stacking-benjamins-show-745268","url":"https://pscrb.fm/rss/p/mgln.ai/e/345/rss.art19.com/episodes/e05077d5-cacd-4948-aea0-9eb0df384bf7.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0","audio_url":"https://pscrb.fm/rss/p/mgln.ai/e/345/rss.art19.com/episodes/e05077d5-cacd-4948-aea0-9eb0df384bf7.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0","summary":"SpaceX raised $75 billion in the largest IPO in history -- more than all 71 other IPOs combined so far this year. Shares jumped nearly 20% on day one. Elon Musk became the world's first trillionaire. And if you're a regular investor asking whether you missed out, Joe and OG have a very specific answer: the life-changing money was already gone before the ticker symbol appeared. Here's how IPOs actually work, who really wins, and why your index fund is probably going to own SpaceX anyway. What You'll Walk Away With Why the 20% first-day pop was largely an illusion for retail investors -- and what actually happened to the price between $135 and the moment you could buy it The auction mechanics behind IPO pricing: why institutional investors with early access capture most of the return before the stock hits public markets Why OG argues that even putting a million dollars into SpaceX at the IPO price and making 20% isn't life-changing -- and why that math actually makes the risk harder to justify, not easier The sobering stat: 71 other IPOs happened this year before SpaceX, raising a combined $36 billion between them How SpaceX could still end up in your portfolio without you doing anything -- and which indexes will add it faster than others under new fast-entry provisions Why S&P 500 investors will have to wait: the three criteria any company must meet before joining, and why SpaceX's profitability timeline makes one of them complicated The six new space-themed ETFs Wall Street created in the past three months -- and what that pattern always signals OG on why the person who got rich on SpaceX put money in before you knew it existed, and why you wouldn't have done it either Why being wrong on a small speculative position might be the most valuable financial education av…","meta_description":"SpaceX raised $75 billion in the largest IPO in history -- more than all 71 other IPOs combined so far this year. Shares jumped nearly 20% on day one. Elo…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4067,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-stacking-benjamins-show-745268/episodes/the-spacex-ipo-wasn-t-for-you-and-that-s-actually-fine-sb1858/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-stacking-benjamins-show-745268/the-spacex-ipo-wasn-t-for-you-and-that-s-actually-fine-sb1858.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}