SpaceX IPO: Why This Hedge Fund Manager is Fading the Hype | Moez Kassam

Monetary Matters is now streaming daily as part of Monitoring the Situation. Join us live on X and YouTube from 4 to 5 PM ET Monday through Friday @MTSlive for live interviews and analysis breaking down the market’s most important situations. This is recording of a recent live interview from MTS. Hosts Jack Farley and Max Wiethe are joined by Moez Kassam, the Chief Investment Officer of Anson Funds. Moez breaks down his strategy for generating alpha by acting as a contrarian and fading the crowd during times of rampant market speculation. In this episode, we cover: • The SpaceX IPO Rumors: Moez discusses the potential mechanics of the largest expected IPO in history and the rumors of early investor unlocks. He also details the "Day 9" trading strategy surrounding Nasdaq index inclusion. • The Massive Cannabis Opportunity: Learn why Anson Funds believes the U.S. cannabis sector could see a 400% move in a few years. Moez breaks down the DEA's descheduling process and the elimination of the restrictive 280E tax code. • Software and Activism: Why the indiscriminate selling of software stocks has created a massive opportunity for free cash flow investors and activist campaigns. • Navigating Emerging Tech: A candid assessment of AI, Space, and Quantum technologies. Moez explains why Quantum is facing a massive discount rate and why investors should be wary of the "me-too" space stocks. • Crypto & Private Credit: Insights from the recent Trump Crypto Conference and why the extreme negative sentiment around private credit makes its 10-15% yields highly attractive. Follow Moez Kassam on Instagram: @munchingmoez Follow Moez Kassam on X: https://x.com/MunchingMoez Follow Max on X: https://x.com/maxwiethe Follow Other People’s Money on: Apple Podcast https://bit.ly/4e7QJ1M Spotify https://bit.ly/3Yhaazi YouTube https://bit.ly/3C63VXR X https://x.com/opmpod Timestamps: 00:00 Intro 02:10 SpaceX IPO Setup 05:49 Index Inclusion Trade 07:21 S-1 Filing Reality Check 08:32 Elon Rolls Up Businesses 12:12 Shorting Space Me Toos 13:35 AI, Space, Quantum Hype 16:18 Software Selloff and Activism 18:42 Cannabis Contrarian Bet 21:44 Descheduling Mechanics 24:30 AI & Semis: Crowded Trade? 26:10 Crypto Mood Shift 29:29 Media Activism Plays 31:16 Software Cash Flow vs Hype 34:49 Measuring Market Sentiment 37:51 Bitcoin Crowd Psychology 40:06 Shipping and Energy Contrarian 41:16 Canada: Gold & Oil Pulse 43:35 Process Over Predictions 45:50 Private Credit Negativity 46:34 Outro