SpaceX is set to begin trading this Friday. OpenAI formally kicked off its IPO process this week. Anthropic filed its S-1 just days ago. The summer of 2026 may be the most consequential IPO season in a generation — and it's happening right now.

In this episode, Brian Seay breaks down what every investor should know before buying a share in any of these three companies.

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📌 WHAT WE COVER

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▶ How IPOs actually work — including why most retail investors never get shares at the price they see in the headlines

▶ SpaceX: $1.77 trillion valuation, $4.9 billion net loss — is it worth it? (We do the math)

▶ OpenAI: $20B in revenue, projecting $74B in losses by 2028 — what does the path to profitability look like?

▶ Anthropic: The enterprise AI bet with the clearest path to cash flow

▶ What history teaches us — from Amazon's "Amazon.bomb" years to Meta's catastrophic IPO day

▶ The five questions every investor should answer before putting money to work

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🔗 RESOURCES & LINKS

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📄 Read the full article: https://www.thecapitalstewards.com/learn/spacex-openai-and-anthropic-are-going-publicheres-what-every-investor-should-know-before-buying-a-share

📅 Schedule a conversation: thecapitalstewards.com

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📬 STAY CONNECTED

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Subscribe for regular updates on investing, retirement planning, and wealth management — built around the principle that good stewardship means being intentional with every financial decision.

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⚠️ DISCLOSURE

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This video is for educational purposes only and does not constitute investment advice or a solicitation to buy or sell any security. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Please consult your financial advisor before making any investment decisions.

You've spent years building something meaningful. The real question is: who's going to carry it forward? In Part 2 of our multigenerational wealth series, Capital Stewards founder Brian Seay tackles the two questions that keep wealth-building families up at night — how do you raise children who are prepared to steward what you've built, and how do you actually transfer it without leaving hundreds of thousands of dollars on the table? This episode goes deep on both the human side and the technical side of generational wealth transfer. In this episode:

• Why the families who "spoil" their kids are the ones who never talked about money
• What the research actually says about the next generation's attitude toward family wealth
• Three ways to actively engage your kids in real financial decisions — starting earlier than you think
• Why charitable giving is one of the most powerful antidotes to entitlement
• When (and how) to open the books with your heirs
• 529 plans as a wealth transfer tool — including the new Roth IRA rollover rules
• Annual exclusion gifting: why consistency turns a modest strategy into a million-dollar transfer
• The step-up in cost basis explained — and why it could save your family hundreds of thousands in taxes
• Donor Advised Funds: how to give like a family foundation without running one
• Why multigenerational families should invest like an endowment, not like a retiree

📖 Read the full blog series at thecapitalstewards.com

📅 Ready to have a real conversation about your family's financial future? Schedule a call at thecapitalstewards.com

Capital Stewards is a fiduciary wealth management firm serving families in Huntsville, Alabama and across Alabama, Georgia, and Tennessee. This content is for educational purposes only and does not constitute investment, tax, or legal advice.

Most people spend their entire careers optimizing for income. The families building generational wealth are doing something fundamentally different.

Part 1 of our series on multigenerational wealth breaks down the six foundational principles behind building wealth that actually lasts — not the version you see on social media, but the version that quietly plays out over decades in real families.

In this episode:

- Why high income rarely becomes generational wealth — and what to do instead

- Building the Wedge: the savings mindset shift that changes everything

- How Warren Buffett uses debt strategically (and what families can learn from it)

- Business vs. real estate: which asset to target first, and why you might buy rather than start

- When to concentrate your risk — and when to start diversifying

- The role of patience in wealth building (and why the timeline is longer than you think)

📖 Read the full blog series at thecapitalstewards.com

📅 Ready to talk about your family's wealth journey? Schedule a conversation at thecapitalstewards.com

Capital Stewards is a fiduciary wealth management firm serving families in Huntsville, Alabama and across Alabama, Georgia, and Tennessee.

This content is for educational purposes only and does not constitute investment, tax, or legal advice.

Timestamps

00:00 — Intro: Private Jets & Social Media

01:08 — What multigenerational wealth actually means

03:52 — Principle 1: Assets over income

05:22 — Principle 2: Building the Wedge

08:14 — Principle 3: Debt as a strategic tool

10:32 — Principle 4: Businesses and real estate

15:14 — Principle 5: Diversifying over time

15:22 — Principle 6: The role of patience

16:36 — Series recap + tease for Part 2