Hello there.

TGIF! Picture this: Amazon warehouses on the moon. Why? Don’t know, but it’s better than them building in your backyard, I guess.

In this issue:

Who do you think is gonna go down as the best/worst tech billionaire of the century? Time will tell, but Apple’s being suspiciously quiet over there…

In partnership with AltIndex:

The SpaceX IPO is coming. Defense spending is increasing at rates we haven't seen since the Cold War. And the Iran conflict just proved how fast the world can shift from peacetime budgets to wartime demand.

Whether this war ends next week or drags on for months, the money flowing into aerospace, defense, and space infrastructure isn't slowing down. If anything, it's accelerating. Countries are restocking. Governments are signing contracts. And the space economy is graduating from "cool concept" to real revenue.

We broke down 7 stocks across space tech and defense that we think are positioned to benefit from both of these trends at once. Legacy defense names printing cash, next-gen air mobility, orbital infrastructure, and a few that most people aren't watching yet.

Each pick includes AltIndex's alternative data scoring, price targets, and the signals that triggered them.

👉 Get the free 7-stock breakdown + start your 7-day AltIndex trial

Jeff Bezos just wrote an $11.6 billion check to buy satellite company Globalstar, and this is basically Amazon's way of saying it still wants to compete with Starlink. You know, the satellite internet thing SpaceX has been dominating for years now. Globalstar shareholders can either get $90 cash per share or Amazon stock… but the deal won't close until next year, once (read: if) regulators give it the thumbs up.

Here's why this matters: right now, SpaceX's Starlink has about 10,000 satellites floating around Earth and 9 million users getting internet beamed down from space. Amazon? They've got around 200 satellites up there. Globalstar comes with 24 satellites, but more importantly, it has the spectrum rights and tech know-how for something called Direct-to-Device (D2D). That's tech talk for "your phone connects straight to satellites without needing cell towers." Amazon wants to launch 3,200 satellites by 2029.

And of course, this is all happening right before SpaceX is about to go public in what could be one of the biggest IPOs ever ($1.75 trillion valuation, btw). So Amazon is basically making sure they have a seat at the table before SpaceX shows the world how much money satellite internet can make.

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While everyone else is burning billions of dollars buying GPUs and training massive AI models, Apple is over here doing basically nothing and might end up winning anyway? Somehow the most Apple move, tbh.

Think about it: companies like Microsoft and Amazon are pouring money into OpenAI and Anthropic, building data centers, and racing to create the smartest AI. Apple is just sitting back and letting everyone else do the heavy lifting, then collecting money when you use ChatGPT or Claude on your iPhone through the App Store. It's like showing up to group project presentation day and still getting an A because your name was on the paper.

Apple's real play is peak minimalism: keep selling you expensive phones and computers that become even more necessary as AI gets bigger. If AI makes you upgrade your iPhone more often (because new chips can run cooler AI features), Apple wins. If people trust Apple more because of privacy promises while AI companies feel sketchy, Apple wins. If every AI app you download costs money and Apple takes their 30% cut through the App Store, Apple definitely wins. This legit might be the smartest move in tech right now.

Sure, Apple still needs to fix Siri (they're probably using Google's Gemini to help), and there's always a chance some new AI device takes over from smartphones entirely. But for now, Apple's strategy of "let everyone else spend the money while we collect the tolls" is looking pretty genius. Sometimes the best way to win is just to stay in the game without burning all your cash trying to be first.

In this episode of The Best One Yet, the hosts unpack one of the strangest weeks in business and internet culture, from a failed sneaker company reinventing itself as an AI play to markets rallying despite grim economic signals, all while a viral influencer feud unfolds in real time.

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That’s all for today. Write us and let us know your thoughts on the market, the newsletter, or the weather—we’d just love to hear from you.

Till next time,
— Brandon and Blake