Tom Lamming | 06-06-26

James Golden aka Bo Snerdley interviews financial advisor Tom Lamming to navigate the complexities of a potential SpaceX initial public offering and broader market trends. The conversation begins with a poignant tribute to military service and the legacy of D-Day, establishing a foundation of historical gratitude before shifting to the modern frontier of space technology. Lamming provides a detailed guide on how retail investors can use brokerage platforms to access IPOs, a process traditionally reserved for large institutions but specifically opened to individuals by Elon Musk. Despite the excitement surrounding the brand, the discussion serves as a cautionary tale about valuation and profitability, noting that SpaceX remains a high-risk venture that loses billions annually.