Traci Steelman Financial Advisor

05/31/2026

05/29/2026

It was very fun attending this event with Michael and Chad!

05/28/2026

🚀 SpaceX IPO: What Investors Should Actually Be Watching

I've had a number of clients and prospects recently ask about the SpaceX IPO—and it's easy to see why.

This is no longer speculation:
SpaceX filed its S‑1 prospectus on May 20 [finance.yahoo.com]
A June public debut is expected (potentially mid-month) [srnnews.com]
And it's shaping up to be one of the largest IPOs in history [fool.com]

The company sits at the intersection of several fast-growing sectors: satellite communications, space infrastructure, global connectivity (via Starlink), and AI.

This morning I listened to an informative Reuters podcast (Link in comments) breaking down the fundamentals—and after reviewing the actual filing, here are a few key considerations:

👉 1. This is a complex, multi-business company—not just rockets
The prospectus highlights exposure across launch services, Starlink, and AI—making valuation more nuanced than a traditional single-industry company. [aol.com]

👉 2. Revenue is strong—but so is the spending
SpaceX generated roughly $18.7B in revenue, alongside significant ongoing losses driven by aggressive investment in growth and infrastructure. [finance.yahoo.com]

👉 3. Starlink is the current economic engine
The satellite business accounts for a major share of revenue and profitability, positioning it as a key driver of future performance. [cnbc.com]

👉 4. Leadership and structure matter
The company will maintain a structure that gives significant control to its founder, which may influence governance, decision-making, and market perception over time. [usnews.com]

👉 5. Access and pricing will still evolve
As with most IPOs, final pricing, allocation, and availability for everyday investors will be determined closer to the offering date.

💡 My takeaway:
Opportunities tied to innovation can be exciting—but they also require careful evaluation, especially when valuations, narratives, and long-term projections are all evolving in real time.

If SpaceX is on your radar, understanding the structure, risks, and long-term role in your portfolio matters far more than simply participating in the IPO.

Curious how (or if) something like this fits into your broader financial plan?

Let's have a conversation—because hype should never replace strategy.

05/25/2026

Today isn't just another day off… it's a day to pause.

To remember.

To reflect.

As an Army spouse and Navy mom, Memorial Day holds a deeper meaning in our home. It's not about barbecues or long weekends—it's about honoring the brave men and women who made the ultimate sacrifice for the freedoms we sometimes take for granted.

These were sons and daughters. Mothers and fathers. Friends, neighbors, and heroes. They had plans, dreams, and people who loved them—and still do.

Because of them, we have the opportunity to build lives, grow businesses, spend time with family, and plan for the future. That's something I never take lightly.

So today, I encourage you to do what we do—slow down for a moment. Say their names if you know them. Share a story. Fly the flag. Teach the next generation what this day truly means.

Freedom isn't free… and today, we honor the cost.

05/20/2026

🚨 I'm speaking at something powerful.

Not just another summit — this one's about business and impact.

💥It's called The Project Abundance Business Summit: Where Profit Meets Purpose, and it's a by-donation global event supporting African youth with training, internet, and mentorship so they can build income and freedom — not just wait for help.🗓️ May 23 | 11AM–2PM PT

🎤 I'm sharing a 15-min session on aligning your business profits with your personal or brand mission.

🎁 And yes—I'm giving away a FREE bonus resource too.If you're a purpose-driven entrepreneur, this one's for you.

👉 Register here: https://www.worldreferralnetwork.com/projectabundance

Let's build businesses that actually change lives.

05/18/2026

Dallas College – May Class

We had a little mix-up last month… so we're making sure everyone ends up in the right room this time 😊

Join me Tuesday, May 19th at Dallas College – Eastfield Campus
📍 Building G, Room 203

We're diving into a topic that doesn't get talked about enough—but impacts every family:
👉 Generational Wealth

Here's what we'll cover:

How to actually build wealth that lasts beyond one generation
Educating your beneficiaries so they're prepared—not overwhelmed
The role life insurance can play in protecting and transferring wealth
What you need to know about estate taxes (and how to plan ahead)

This isn't just about numbers—it's about making sure what you've worked for continues to serve the people you love.

And yes… we'll all be in the same place this time 😄

Hope to see you there!

05/17/2026

I LOVE being co-MC with Jerry! We are nearly sold out, the 80’s theme is going to be the party of the summer. If you want more information check out the Richardson Chamber of Commerce website or hit me up!

05/15/2026

So… your parents asked you to be the executor of their estate.
First—honor that moment. It means they trust you.
But before you say yes purely out of love and duty… let's slow down and talk about what that role really looks like.
Being an executor isn't just signing a few papers.
It's a job.
You're responsible for:

Distributing assets
Paying off debts
Filing final tax returns
Managing (and sometimes selling) property
And yes… navigating family dynamics under stress

This can easily turn into a 12–18 month commitment—longer if things are complex.
Here's the part most people don't realize:
👉 You can be personally liable for mistakes.
Miss a deadline? That's on you.
Make a tax error? You could be responsible for penalties.
Family disagreements? You're the one in the middle trying to keep the peace.
I'm not saying don't do it.
I'm saying—don't go in blind.
The real gift isn't accepting the role.
The real gift is helping your parents get their plan so clear… that carrying it out doesn't consume your life or strain relationships.
Before you say yes, sit down and ask:

Do you have a detailed asset list?
Are beneficiaries clearly defined (no gray areas)?
Should we be considering a trust to simplify things?
Is there enough liquidity—or will assets need to be sold quickly?

Because ambiguity in an estate plan doesn't just create paperwork…
It turns executors into referees.
And if you know me, you know—I'd rather see families protected and relationships intact.
Take the time now.
Future you will be grateful.