In today’s newsletter I discuss if SpaceX could bring in $1 trillion dollars in revenue by 2030, Fox is acquiring Roku for $22 billion dollars, Disney just dropped the new trailer for their animated movie ‘Hexed’ starring Hailee Steinfeld and Rashida Jones, Sam Bankman-Fried brags about getting out of prison and starting a new crypto company, Bad Bunny met privately with Pope Leo XIV and no one knows what they talked about, a new report by the Pew Research Center says a record 52% of family households in the U.S. have two working parents, Yum Brands is selling Pizza Hut for $2.7 billion dollars, and Floyd Mayweather is unretiring because he needs the money.

Let’s get into it!

Elon Musk recently said in an interview that SpaceX could bring in $1 trillion dollars by the end of the decade, which is 2030, as in less than 4 years away. That’s an insane number, and I should point out that there are precisely ZERO companies in the world that bring in more than $1 trillion dollars a year. Not the biggest oil companies, or even all of the organized crime groups worldwide combined bring in more than $1 trillion dollars. Again, it’s an insane number, but Elon Musk says that he believes SpaceX can do it. And as I’ve said countless times before, I never bet against Elon Musk!

Now to put that $1 trillion dollars in revenue by 2030 in perspective, SpaceX just went public around a week ago, and reported that they had $18.67 billion dollars in revenue in 2025. In order for SpaceX to hit $1 trillion dollars in revenue they’d need to add another $981.33 billion dollars a year in revenue, which would be an increase of 5,256.19% increase over their 2025.

So I thought it’d be interesting to see if I could calculate what SpaceX’s stock price might be if they were to bring in $1 trillion dollars in revenue by 2030.

Now I will note that I’m no expert, but I did study how to value a firm in grad school at Rensselaer Polytechnic Institute’s Lally School, but as always DYOR.

I worked backward from the $1 trillion dollars in revenue projection, and used the multiple of 94 times revenue that SpaceX used at the time of their IPO when they priced 555.55 million shares at $135 per share, valuing the firm at $1.77 trillion dollars. SpaceX has issued a total of 13.08 billion shares, so if they keep that same share count, and bring in $1 trillion dollars in 2030, then using the 94 times revenue multiple, it would give you a stock price of $7,187 dollars per share, valuing SpaceX at $94 trillion dollars. This would represent a 5,223.7% return on investment if you got in on SpaceX’s IPO, which I did.

So let’s take for example an investor who bought 100 shares of SpaceX at its IPO price of $135 per share (this fictitious investor isn’t me sadly. I wish I had bought that much when it IPOed!). That made up investor would have held $13,500 worth of SpaceX shares. Now if SpaceX’s stock rockets up to $7,187 dollars per share, that investor’s portfolio would be worth $718,700. That is an out of this world return on investment!

Again, in Elon Musk we trust!

Fox Corporation has announced a $22 billion dollar to acquire Roku, the hardware and software platform that allows users to stream movies, TV shows, and live programming from the internet directly to your television, and I should know because I’m a Roku user myself!

Fox’s acquisition offer of $160 dollars per share, which is a 20% premium to where Roku’s stock was trading, is being funded by a combination of a $12 billion dollar bridge financing loan, with Fox chipping in the remaining $2.6 billion dollars of cash for the deal with the remainder of the deal being paid with approximately $7.4 billion dollars in Fox Class A common stock.

When the deal closes, which is expected sometime in the first half of 2027, Roku shareholders will receive about 0.9693 shares of Fox Class A stock for each individual share of Roku that they own now. This 60/40 split in cash and stock to finance the deal will give Fox shareholders control of 73% of Roku, and existing Roku shareholders owning a 27% equity stake in the streaming platform.

Disney just dropped a trailer for their new animated movie ‘Hexed’, which follows an impulsive teen named Billie, who discovers she has secret magical powers after she accidentally destroyed her school bathroom. She gets expelled, and then goes down the magical rabbit hold into the magical witch realm called Hexe. Her mom Alice joins her on the journey to uncover their family’s long-held family secrets, which obviously could change the magical world forever, because that’s how Disney movies work. The new animated movie is directed by Fawn Veerasunthorn, who directed the animated movie ‘Wish’ in 2023, and Jason Hand, who directed the animated movie Moana 2 in 2024, and stars Hailee Steinfeld as Billie and Rashida Jones as her mother Alice.

It’s estimated Walt Disney Animation Studios spent between $150-$200 million dollars to make the animated movie, with probably another $100 million dollars set aside for marketing, so just to be safe here’s hoping Disney’s new animated movie ‘Hexed’ can haul in more than $300 million dollars worldwide when it drops in theaters on November 25 just in time for the holiday season. I think that’s a pretty safe bet!

The disgraced former cryptocurrency billionaire Sam Bankman-Fried is reportedly planning to make a big comeback from his federal prison cell where he is serving a 25 year sentence for orchestrating the $8 billion dollars FTX fraud. He’s been telling fellow inmates about his plans to launch a brand new token, if or when he gets released, and claims that everyone will flock to his new crypto token because of who he is. Bro should probably check that ego at the jail cell door, where he’s in jail after a federal jury convicted him of wire fraud, conspiracy, and money laundering for stealing over $8 billion dollars in FTX customer’s funds in order to try to prop up his struggling hedge fund, Alameda Research, which was losing money from bad bets in the crypto markets.

One has to wonder how Sam Bankman-Fried thinks he’s going to launch a new crypto company, and mint his own crypto coins, when he’s doing 25 years in federal prison without access to a computer. Not to mention that Sam Bankman-Fried earlier this year submitted an application for President Donald Trump to officially pardon him for the fraud he committed, which led to a meltdown of the cryptocurrency markets, and countless of FTX customers their life savings.

Sounds like Sam Bankman-Fried’s dreams of getting out of prison and restoring his wealth are more of a day dream than reality.

Talk about two icons! The global music superstar Bad Bunny recently requested a private audience with Pope Leo XIV, a baller in his own right, during the pontiff's trip to Spain. The two met at the Santiago Bernabéu Stadium in Madrid where 80,000 Catholics turned to out see the pope speak. It was there that the Pope and Bad Bunny shook hands in front of an audience that included some of Bad Bunny’s friends and family.

Bad Bunny was raised in a devoutly Catholic household in Puerto Rico, which is a U.S. territory, where served as an altar boy and first sang publicly in his local church choir. Pope Leo XIV was born Robert Francis Prevost on September 14, 1955 in Chicago, Illinois.

No word on what Pope Leo XIV and Bad Bunny spoke about, but they did take a couple of pictures, and shook hands. As a big fan of both Bad Bunny and Pope Leo XIV, is it too much to hope for a collab?

A new report just came out from the Pew Research Center that tells us what many of us already know. A record 52% of family households in the U.S. have two parents who work, which is up 6% in the last 10 years. This economic shift is primarily driven by college educated mothers entering the workforce full time, while along with college educated fathers increasingly dedicating more time to responsibilities at home including increased childcare. But managing these dual income lifestyles isn’t easy, with 70% of full time employed parents reporting that they are handling childcare or household tasks while actively working, and another 59% admitting that they are doing their work while at the same time spending time with their kids. Now that’s some impressive multitasking!

The report goes on to say that 54% of all working parents are struggling to balance their daily work and life responsibilities, while 52% of parents feel that their demanding jobs are actively hurting their ability to be good parents. This struggle is even more acute for lower income households who don’t always have access to employer offered healthcare or paid time off, with 59% of parents with young children telling their employers that having onsite childcare would be extremely helpful, but the sad reality is that only 7% of working parents childcare where they work.

Being raised in a household where both my parents worked full time, and now having my own family where my wife and I both work full time, I can tell you first hand the struggle to find the work life balance is real, and employers could gain a lot of loyal employees if they offered more childcare options to their employees. Just sayin`.

Pizza Hut has a new parent company. Yum Brands just sold the pizza chain for $2.7 billion dollars to two separate buyers. First up, the private equity firm LongRange Capital is paying $1.5 billion dollars to acquire most of Pizza Hut’s operations across the globe, with the exception of in China, which the company Yum China Holdings is purchasing the Chinese division for $1.2 billion dollars and has aggressive plans to expand its local store footprint by nearly 50 percent in China.

Yum Brands originally bought Pizza Hub in 1997 from PepsiCo, who originally bought Pizza Hut in 1977. This leaves Yum Brands with ownership of their 2 fastest growing divisions KFC, which brought in $26.1 billion dollars worldwide. and Taco Bell, which brought in $3.10 billion dollars worldwide.

Hopefully this divestiture of Pizza Hut will help the brand to have the freedom and room to innovate and expand under new ownership, and I’m secretly hoping they bring back their endless pizza and salad bars buffet for lunch. I’m a sucker for a slice of chicken and jalapeno pizza!

The news that legendary boxer Floyd Mayweather is coming out of retirement isn’t new. He shared his unretirement in February 2026. What is news is the why. People have been scratching their heads trying to figure out why a boxer with 50 wins and 0 losses (50-0), with 27 of those wins coming by knockout, and who has made an estimated $1.2 billion dollars in career earnings, would come out of retirement. It turns out he’s got money problems. Wait! How can that be? Floyd Mayweather’s net worth is estimated to be between $100-$400 million dollars, but the exact number is tough to nail down due to his extreme spending habits, and the real estate ventures he’s invested in.

Back in April 2026 Floyd Mayweather was charged with 2 felonies for theft and intent to defraud after he allegedly wrote a bad check for $200,000 dollars from his Wells Fargo account to try and buy a luxury Audemars Piguet watch, except it turns out he didn’t have enough money in the account. Some could just chalk this up to bouncing a check, but that’s where this gets interesting. The charges allege that Floyd Mayweather knew he didn’t have enough to cover the check, but he did it anyway. That’s called fraud, and it can send you away for between 10-15 years. On top of that, Floyd Mayweather has been hit with a massive $7.3 million dollars tax lien by the IRS, and he’s being sued in New York State for unpaid rent for a Manhattan apartment.

Floyd Mayweather has also filed a lawsuit against his former business manager, Jona Rechnitz, for $175 million dollars alleging that he took advantage of his trust to orchestrate a massive financial fraud scheme that involves a missing private jet, stolen cash, and the unauthorized resale of $100 million dollars worth of custom designer jewelry for a mere fraction of its actual worth.

Man’s got some serious cashflow problems, so I guess it’s back to boxing for a quick payday, like the highly publicized exhibition match against Mike Tyson, who’s made around $430 million dollars in his professional boxing career, and promoters have been trying to schedule that boxing match for the last year. The fight was originally supposed to happen in the Spring of 2026, but that’s come and gone after Mike Tyson broke his hand during training. The fight is now scheduled for the Fall of 2026 with a $150 million dollar total purse for the fighters, with a guaranteed $100 million dollars for the winner, which Floyd Mayweather is banking on to help him get out of debt and $50 million dollars for the loser, which presumably will be Mike Tyson, unless he tries to take a bit out of Floyd Mayweather.

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The Business Behind The News is written, edited, and published by Chris Thompson.