markets

Luke Kawa3/2/26

Hims & Hers surges after RFK Jr. tells Joe Rogan he’s hoping to make peptides more accessible

Hims & Hers is spiking on Monday amid some remarks that Health and Human Services Secretary Robert F. Kennedy Jr. made on the “Joe Rogan Experience” podcast.

At around the 1.5-hour mark of the podcast, RFK Jr. indicated that he’s “very anxious” to make about 14 peptides more accessible (and allow for compounding), and that the FDA is currently “looking at the science” of these treatments.

“My hope is that they’re going to get moved to a place where people have access from ethical suppliers,” he said.

A more permissive stance toward these peptides — short chains of amino acids that regulate a variety of processes in the body and are the active ingredient in popular GLP-1 medications used to treat diabetes and weight loss — would potentially open up substantial new revenue opportunities for Hims.

As for why the stock didn’t react more on Friday, well, that’s a bit of a noodle-scratcher. But this episode was released at 1 p.m. ET, and may not have had enough time to be fully digested and disseminated before the weekend.

The legal and regulatory apparatuses have been a big headwind for Hims in 2026, but perhaps these remarks (and the reaction) are a signal that these winds might be starting to shift.

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J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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