Dear Reader,

Without most people noticing, Elon Musk has started a new venture that has nothing to do with rockets, EVs, Neuralink, or tunnels.

Trump has personally issued emergency support to roll this underlying tech out as fast as possible.

It's already live in multiple states.

Behind the scenes, demand for this is already spiking...

The Financial Times says Sam Altman is begging people on the phone to build this for him and OpenAI.

And the best part for you and your wealth is:

A few little-known companies control the supply chain.

Anyone who wants this tech - be it Sam Altman or even Elon himself - must go through these companies to get it.

You can simply buy their stocks right now... before this news becomes common knowledge.

But you ought to move fast. Because leaked satellite images are already showing up online...

Click here to see how you could back Elon Musk's next venture from your regular brokerage account.

Regards,

Joel Litman
Chief Investment Officer, Altimetry

Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves

Submitted by Leo Miller. Posted: 6/17/2026.

Among the various corners of the stock market, few have drawn as much attention as rare-earth element companies. That interest stems from the global effort to loosen China’s grip on the market by investing in non-Chinese supply chains.

Notably, the U.S. government has extended, or could soon extend, funding to companies such as MP Materials (NYSE: MP) and USA Rare Earth (NASDAQ: USAR). Overall, these stocks have delivered returns of more than 250% and 80% since the start of 2025, respectively.

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However, there is a much smaller player in this space worth keeping an eye on: Critical Metals (NASDAQ: CRML). The stock has posted smaller gains, up more than 30% since the start of 2025. That is partly because Critical Metals is at an earlier stage than MP Materials and USA Rare Earth. Even so, the company has accumulated a set of critical assets and partnerships that could make it a real long-term player in the rare-earth industry. As an early-stage firm, though, it also faces significant risks.

The Tanbreez Project: Critical Metal’s Crown Jewel

Critical Metal’s key asset is its Tanbreez Project in southern Greenland. Tanbreez is one of the world’s largest hard-rock rare earth deposits, with a particularly strong concentration of heavy rare earths. Heavy rare earths are notable for their use in some of the most advanced technological applications, including defense guidance systems, EV motors, and wind turbine generators. Because of this, and their scarcity compared with light rare earths, “heavies” also fetch much higher prices.

However, actual mining activity at Tanbreez has not yet begun, and Critical Metals does not expect production to start for several years. The company is currently targeting first ore production in Q4 2028 or Q1 2029. It is also targeting concentrate export by Q3 2029, which would likely mark the start of product revenue from the site.

As a result, Critical Metals does not generate revenue today. It did, however, record around $560,000 in “other income” during its latest fiscal year 2025, which ended in calendar Q2 2025. Note that, as a small foreign company, Critical Metals does not provide quarterly financial statements. The company burned about $14.5 million in cash and ended the period with $7.3 million in cash and equivalents. With revenue still far off, securing funding is essential to Critical Metals' ability to keep operating.

Critical Improves Cash Position, Announces Multiple Offtake Deals

Importantly, Critical Metals has been able to secure financing since its last reporting period. In October 2025, it entered into an agreement to receive $50 million in gross proceeds. Then, in a May announcement, the company said its standalone cash balance was approximately $124 million. That would give the firm a solid cash cushion relative to its $14.5 million burn rate.

Meanwhile, Critical Metals has taken several steps to strengthen its strategic position and future demand outlook. First, the Greenland Government approved a transfer that increased Critical’s ownership in Tanbreez from less than 50% to 92.5%. Markets viewed this as an important step forward, with CRML shares rising 35% as Critical consolidated its control of Tanbreez. The company later announced the acquisition of European Lithium in an $835 million stock transaction. Upon closing, this would bring the company’s ownership in Tanbreez to 100%.

Other key developments are on the production and demand side. The company announced a non-binding agreement with a Saudi Arabian conglomerate to construct and operate a rare-earth processing facility of up to $1.5 billion in the country. The agreement also includes offtake rights for 25% of Tanbreez’s rare earth concentrate production. However, those rights now represent a smaller percentage, as that figure was based on Critical’s Tanbreez ownership before it increased its stake in the project.

The company then signed a 15-year binding agreement with REalloys (NASDAQ: ALOY). Under the deal, REalloys will purchase 15% of Tanbreez’s annual concentrate production, based on Critical’s increased ownership stake of 92.5%.

What to Watch Next: Critical Metal’s Annual Filing

In summary, Critical Metals has recently seen several positive developments. The company has significantly strengthened its cash position, allowing it to continue funding the advancement of Tanbreez. In addition, multiple partners have lined up to eventually offtake Tanbreez's supply, providing a degree of future demand security.

Still, Critical Metal’s success hinges on getting Tanbreez up and running, and there is no guarantee that will happen. The mining industry is notoriously difficult to navigate, with new project development often taking years and facing environmental and regulatory setbacks. However, diversifying away from China in rare earths has become a clear priority for governments and enterprises alike. Considering these competing factors, Critical Metals is a very high-risk but high-potential stock.

The company’s fiscal year 2026 annual filing, or 20-F, will be important to watch. Critical Metals typically releases its annual filing in October. This document should show where the firm’s cash position stands after its latest funding agreements, acquisitions, and expenses.

DraftKings Hits the Jackpot With Super App Pivot

By Jeffrey Neal Johnson. Date Posted: 6/11/2026.

An influx of trading volume has completely reshaped the near-term technical and fundamental setup for DraftKings (NASDAQ: DKNG).

DraftKings is currently trading in the $28 to $29 range, extending a double-digit percentage gain that began after the company’s latest prediction-market disclosure.

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The catalyst behind this sharp price action is not a mysterious acquisition or a speculative short squeeze. Wall Street is repricing DraftKings after a June 9 Securities and Exchange Commission Form 8-K disclosure revealed preliminary, unaudited May operating metrics for DraftKings Predictions, the event-contract platform the company launched on Dec. 19, 2025.

Early traction behind the 50-state Super App strategy—$3.1 billion in annualized total volume traded—suggests DraftKings may be opening a new user-acquisition channel in states where online sports betting remains limited or unavailable. The data supports the idea that Predictions could become a meaningful non-traditional vertical, though investors still need to see whether trading volume converts into durable revenue, margin expansion, and customer growth.

DraftKings' $3.1 Billion Prediction Jackpot

The metrics embedded in the recent regulatory filing highlight a product that appears to be finding immediate product-market fit. Annualized consumer volume in the Predictions offering accelerated 24% month over month to $1.3 billion. More impressively, annualized total volume traded reached $3.1 billion, up 34% from April.

Understanding the distinction between these volume metrics and traditional sports betting handle is essential for evaluating DraftKings’ revenue potential. In a legacy sportsbook model, handle refers to the capital wagered on an outcome. If a user wagers on a football game, that capital is illiquid until the event concludes.

Prediction markets operate as dynamic trading ecosystems. Participants can buy and sell contracts multiple times as real-world probabilities shift before an event resolves. The $3.1 billion annualized total volume traded figure includes traders entering and exiting positions, creating a high-velocity capital environment. This structure allows DraftKings to capture consistent transaction fees without absorbing the heavy directional risk exposure that can occasionally compress margins in traditional sports betting.

While $3.1 billion is a formidable number for a newly launched product, DraftKings is still only scratching the surface of the broader prediction market ecosystem.

Rival platforms like Kalshi currently execute mid-tens of billions in notional monthly volume, while Polymarket regularly processes high single-digit billions. The market is bidding up DraftKings because it is showing signs of capturing early market share in an industry with a massive, proven runway for growth.

The 50-State Super App Strategy

The true value of the prediction market rollout lies in how it supports the broader Super App framework DraftKings envisions.

For years, the core fundamental headwind facing digital gaming operators has been the grueling, state-by-state battle for legislative approval. Expanding a traditional sportsbook requires lobbying state legislatures, fighting local referendums, and navigating a patchwork of complex tax structures.

Event contracts provide a frictionless backdoor to nationwide user acquisition. Because prediction markets operate under different regulatory classifications than traditional sports wagering, DraftKings can deploy this ecosystem across jurisdictions where legacy sports betting remains illegal. By dynamically adjusting the product mix by local jurisdiction, DraftKings could bypass the legislative gridlock constraining its core business model.

This structural shift would broaden the entire growth narrative surrounding DraftKings. Investors are no longer solely dependent on waiting for a new state to legalize sports betting; they are now evaluating a platform capable of scaling an active user base nationwide.

And analysts are paying attention. UBS recently reiterated a Buy rating and boosted its price target from $43 to $49, while others remain constructive. TD Cowen maintained a Buy rating with a $30 target and pointed to prediction markets as a large, early-stage opportunity. Morgan Stanley also maintained an Overweight rating with a $39 price target.

Smart Money Bets Big on DraftKings

Derivative markets immediately recognized the fundamental shift, reflecting an aggressive bullish pivot.

Options chains experienced a massive influx of short-dated call buying as institutions positioned for near-term upside. Volume concentrated heavily around the $27, $29, and $30 strike calls expiring June 12. The $30 strike call registered over 6,365 contracts traded against prior open interest of just 2,243.

When option volume substantially exceeds existing open interest on out-of-the-money strikes, the activity suggests acute speculative interest and institutional repositioning rather than simple hedging. Smart money appears to be positioning DraftKings for a sustained move higher.

The underlying equity technicals support this bullish derivative flow. Following a sluggish 30-day trend in which DraftKings languished below major resistance levels, the sudden price appreciation pushed DraftKings above the 20-day simple moving average at $25.04 and the 50-day simple moving average at $23.84.

Despite the sheer velocity of the move, DraftKings is not technically overextended. The Relative Strength Index, a momentum oscillator that measures the speed and change of price movements on a scale of zero to 100, currently sits at a neutral 51.23. A reading near 50 indicates DraftKings has substantial technical headroom before reaching overbought territory, typically defined as a Relative Strength Index reading above 70.

What's Your Best Bet?

While institutional sentiment remains constructive, evaluating the broader ownership landscape requires examining insider activity. Trailing six-month data shows some distribution among key DraftKings executives. Co-founder Paul Liberman recently sold 484,417 shares of DraftKings, and Woodrow Levin sold 34,234 shares. However, executive stock sales often relate to tax obligations, portfolio diversification, or scheduled 10b5-1 trading plans rather than a lack of confidence in the underlying business fundamentals. The divergence between structural insider profit-taking and aggressive institutional derivative accumulation often occurs during major business pivots, just as we see with DraftKings right now.

DraftKings now faces established overhead resistance near the $32 level, with downside support forming at the $23.50 technical breakout zone. The rapid scaling of the predictions platform fundamentally improves DraftKings' revenue mix and national footprint, warranting a higher valuation multiple.

Investors with a higher risk tolerance might consider using options spreads to capture further upside toward the $32 resistance level while strictly defining downside risk. Cautious market participants may prefer to let the initial volatility settle and watch for a constructive pullback near the 50-day moving average before initiating a position in DraftKings.