Everyone's obsessing over (https://www.cnbc.com/2026/04/30/apple-aapl-q2-2026-earnings-report.html) while the real whale migration happens in plain sight. (https://www.cnbc.com/2026/04/30/blue-owl-shares-private-credit-spacex-gains.html) on their SpaceX loan — that's 1,000% returns while public equity managers throw confetti over 20% years.

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