AWM Capital

06/18/2026

SpaceX is an incredible company. But incredible companies, doing incredible things and making incredible products, aren’t automatically incredible investments, especially when the narrative detaches from reality.

FOMO is a powerful force. We’ve seen investors swing at the first pitch just because the hype is loud. History shows that rarely leads to good outcomes.

At AWM, we always bring it back to the purpose of a dollar: to support family priorities and the 100-year family. Stewardship over sensation, every time. That’s how families stay in the winner’s circle for generations.

🎧 Tune in: https://www.athletefamilyoffice.com/resource/hype-vs-fundamentals-what-smart-investors-know-about-the-space-x-ipo-awm-insights-256

06/18/2026

In the rush for the SpaceX IPO, the hype built fast—just like when people paid $100,000 over sticker for a Cybertruck, only to watch that value erode once more rolled off the line.

Momentum and scarcity spike prices, but as more shares hit the field, fundamentals take over and the scoreboard resets. Every champion knows: stick to the playbook, trust your all-star team, and don’t let FOMO call the shots.

Catch the full conversation on AWM Insights: https://www.athletefamilyoffice.com/resource/hype-vs-fundamentals-what-smart-investors-know-about-the-space-x-ipo-awm-insights-256

06/17/2026

“Did you get in?” That’s the question that is a dead giveaway someone’s too late to the party.

The smart entry point was already claimed—months or even years before IPO day. Participating in the IPO might sound flashy, but history shows it’s a textbook move for unsophisticated capital.

Real wealth isn’t built on headlines or hype. It’s built on a disciplined approach, methodical timing, and a playbook that looks decades into the future.

Generational families don’t try to sneak in with the crowd, they’re already seated in the front row.

Tune in to the latest AWM Insights episode, where we discuss the SpaceX IPO: https://www.athletefamilyoffice.com/resource/hype-vs-fundamentals-what-smart-investors-know-about-the-space-x-ipo-awm-insights-256

06/16/2026

SpaceX stormed Wall Street and the world lined up to swing at the first pitch, hoping to catch lightning in a bottle. At AWM, we’ve seen this play before—the crowd chasing manufactured scarcity, headlines, and FOMO, not the fundamentals.

Great companies don’t always equal great investments—especially at moments of peak hype. For real wealth builders, the best entry points are methodical, early, and disciplined; they happen when the stadium is still empty, not when the wave crashes through the gates.

Our playbook for multi-generational wealth looks different:
• Seek access at the right time, long before the mania
• Stick to thoughtful, probability-driven allocations
• Value integration from a team with full-field vision

The front office doesn’t call every audible from the bleachers. They get in position, anticipate the play, and make the strategic move. If you’re already invested through venture or private funds, you have your ticket—no need to chase the crowd. If you’re on the sidelines, avoid chasing the headlines.

Thoughtful moves create legacies that last. 🏈🛡️🚀

🎧 Tune into the latest AWM Insights for more: https://www.athletefamilyoffice.com/resource/hype-vs-fundamentals-what-smart-investors-know-about-the-space-x-ipo-awm-insights-256

📱 And text us your investment questions: 626-862-0355

In this episode of AWM Insights, hosts Justin Dyer and Mena Hanna break down the buzz surrounding the historic SpaceX IPO. They examine the mechanics behind the IPO's massive valuation, offer candid opinions on market hype and intentional scarcity, and discuss the psychological traps that lure inves...

06/15/2026

The world watched SpaceX go public, electrified by headlines, scarcity, and FOMO. We’ve seen this before—when emotion takes the field, fundamentals sit the bench. At AWM Capital, we use a different playbook: we build wealth on purpose, not hype.

For clients in our venture fund, the smart entry point for SpaceX happened before the recent craze—an allocation purchased at a more reasonable valuation. There’s no need to scramble for a spot in the starting lineup when you already have tickets to the party. The smart question: When did you get in—and why?

Here’s how we approach opportunities like this:
• Separate being a fan from being a methodical investor
• Build positions patiently, anchored by long-term priorities
• Rely on data and team discipline, never the crowd or the headlines
• Prioritize the 100-year family over a single moment

SpaceX is an extraordinary company, but that alone doesn’t make it the right move today.

Tune in for the full conversation: https://www.athletefamilyoffice.com/resource/hype-vs-fundamentals-what-smart-investors-know-about-the-space-x-ipo-awm-insights-256

06/12/2026

We look at hundreds of private opportunities a year. We say yes to a handful.

Today, one of those companies — SpaceX — went public.*

For the families we work with, today wasn't the headline. They'd been part of a decision we made carefully, long before the public stage.

The authority a family office earns isn't in predicting outcomes — it's in the discipline of the no, and the rarity of the yes. That's the part worth a conversation.

* Informational only, not an offer or solicitation. A reference to a specific portfolio investment doesn't represent all investments AWM has made, and it shouldn't be assumed that any investment was or will be profitable.

Read more, including disclosures: https://www.athletefamilyoffice.com/resource/spacex-a-name-our-families-knew-a-long-time-ago?utm_source=awm-capital&utm_medium=facebook&utm_campaign=spacex-announcement&utm_content=announcement

06/11/2026

You wouldn't give a Shohei Ohtani contract to a prospect who's never played a professional game — no matter how good he looks in drills.

So why give a $1.8 trillion valuation to a company with no public earnings history?

The salary cap analogy hits differently when it's your family's financial future. Ep. 255.

https://www.athletefamilyoffice.com/resource/investing-in-hype-markets-that-dont-make-financial-sense?utm_source=awm-capital&utm_medium=facebook&utm_campaign=ep-255-hype-markets&utm_content=social-clip-3

06/10/2026

$400 billion evaporated from Broadcom's market cap in two trading sessions.

Not from a scandal. Not from a product failure.

From guidance that was slightly less optimistic than the market had priced in.

That's what happens when valuations stop making financial sense. Ep. 255 breaks it all down.

https://www.athletefamilyoffice.com/resource/investing-in-hype-markets-that-dont-make-financial-sense?utm_source=awm-capital&utm_medium=facebook&utm_campaign=ep-255-hype-markets&utm_content=social-clip-2

06/09/2026

Most of our clients have already won the lottery.

The question isn't how to win it again — it's how to make sure you never lose what you've built.

Chasing hype cycles and IPO speculation is the financial equivalent of buying more lottery tickets with your winnings. The math doesn't favor it. The 100-year family approach does.

Full episode: https://www.athletefamilyoffice.com/resource/investing-in-hype-markets-that-dont-make-financial-sense?utm_source=awm-capital&utm_medium=facebook&utm_campaign=ep-255-hype-markets&utm_content=social-clip-1

06/09/2026

The market lost $400 billion in two trading days. Here's what it should remind every investor.

Broadcom released guidance that was, by any reasonable measure, fine. Not bad. Not a disaster. Just a signal that investor optimism had outpaced reality.

The result? Roughly 20% of their market cap — gone.

This is what happens at the peak of a hype cycle. When you're pricing a company at 80x earnings, you're not investing in what it is. You're betting on what it has to become. And more often than not, that bet doesn't pay off.

Tesla trades at around 360 times. Nvidia — a company with genuine, fundamental earnings growth — trades at 30x. The difference matters. Nvidia is aggressive but arguable. Tesla is a narrative.

For the families we work with, this distinction is everything.

Most of our clients have already won the lottery. The goal isn't to risk those winnings chasing another jackpot. It's to deploy capital in a way that gives you the highest probability of being where you need to be in 20, 50, and 100 years.

That doesn't mean ignoring tech or avoiding companies like Broadcom and Nvidia altogether. It means right-sizing exposure. Staying diversified. Favoring companies with real cash flows and reasonable valuations alongside the high-growth names.

SpaceX IPO coming? Interesting — but playing IPOs is historically a wealth-eroding exercise, not a wealth-building one.

The tried-and-true approach isn't exciting. But it's the one that actually works across generations.

Own your wealth. Make an impact. Always be a pro.

🎧 Tune into the latest AWM Insights for more: https://www.athletefamilyoffice.com/resource/investing-in-hype-markets-that-dont-make-financial-sense

📱 And text us your investment questions: 626-862-0355

Justin and Mena unpack the current hype cycle: including the approaching SpaceX IPO at a reported $1.8 trillion valuation and Broadcom's $400 billion market cap loss.