EPISODE · May 29, 2026 · 19 MIN
The real reason Musk wants to go to Mars?
from Saxo Market Call · host SaxoStrats
Today we look at fresh blow-out enthusiasm for a major tech name reporting strong earnings that blasted its stock into the stratosphere after hours yesterday. We also note the bevy of interesting tech names reporting next week, run through some macro and FX observations, note the key technical hold in gold, the shifting forward curve in crude oil and more. Regarding today's episode title, consider Saxo's outrageous prediction for this year regarding the SpaceX IPO and one of the main things - or perhaps the main thing - Elon Musk hopes to achieve in going to Mars (link below). Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links We took a stab at predicting the scale of the SpaceX IPO (undershooting badly!) and some of the true reasons for Elon Musk's passion for going to Mars in the Saxo Outrageous Predictions for 2026 released late last year. The Register discussed Salesforce' "waving bye-bye" to its User Interface as it opens up its data to a trillion API calls from other platforms, including increasingly Anthropic via its Headless 360, a programmable agent platform. The constantly shade-throwing Futurism (ironically a bit Luddite at times) with an article questioning whether CEO's are suffering from AI psychosis as they are out of touch with the struggle for AI to get traction at ground level in their organisations. Is AI making some people feel and act dangerously over-competent and what are the risks if so? (HT FTAlphaville) About twice per week (in normal times, hopefully soon to resume), 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 [email protected] 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.
What this episode covers
Today we look at fresh blow-out enthusiasm for a major tech name reporting strong earnings that blasted its stock into the stratosphere after hours yesterday. We also note the bevy of interesting tech names reporting next week, run through some macro and FX observations, note the key technical hold in gold, the shifting forward curve in crude oil and more. Regarding today's episode title, consider Saxo's outrageous prediction for this year regarding the SpaceX IPO and one of the main things - or perhaps the main thing - Elon Musk hopes to achieve in going to Mars (link below). Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links We took a stab at predicting the scale of the SpaceX IPO (undershooting badly!) and some of the true reasons for Elon Musk's passion for going to Mars in the Saxo Outrageous Predictions for 2026 released late last year. The Register discussed Salesforce' "waving bye-bye" to its User Interface as it opens up its data to a trillion API calls from other platforms, including increasingly Anthropic via its Headless 360, a programmable agent platform. The constantly shade-throwing Futurism (ironically a bit Luddite at times) with an article questioning whether CEO's are suffering from AI psychosis as they are out of touch with the struggle for AI to get traction at ground level in their organisations. Is AI making some people feel and act dangerously over-competent and what are the risks if so? (HT FTAlphaville) About twice per week (in normal times, hopefully soon to resume), 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 [email protected] for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMERThis 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.
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The real reason Musk wants to go to Mars?
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