Mark Skousen’s The Skousen Report, published by The Oxford Club, is promoting Elon's Hit List. We trace its three targets and test the acquisition case.
One promotion, several names — all of them point to the same pitch, and the same stock.
“Get Positioned in All Three Targets Before Elon Pulls the Trigger” is the headline selling Mark Skousen’s Elon's Hit List through The Skousen Report, the paid publication offered by The Oxford Club. The report says Elon Musk must acquire three strategic companies before January 1, 2027, and readers should get positioned first.
The pitch promises a basket tied to AI computing, critical minerals and satellite communications. We identify all three targets below. Confidence is high: 91/100 for the headline pick, with strong matches for the other two as well.
The promotion gave away unusually searchable clues. One target is an AI-compute company that was reportedly discussed as a possible Tesla acquisition route. Another controls exploration rights in the Clarion-Clipperton Zone, about 1,500 miles southwest of San Diego. The third is a satellite communications company tied to roughly $17 billion in SpaceX spectrum transactions.
If you saw the same idea branded as “The Hit List,” it refers to this pitch. The offer also includes a separate bonus report called “SpaceX’s Secret Partners: 3 Stocks to Set to Soar 1,500%,” but those matches are much less settled.
The three stocks are Cerebras Systems Inc. (CBRS), TMC the metals company Inc. (TMC), and EchoStar Corporation (SATS). Cerebras is the headline pick, and the identification carries 91/100 confidence.
Cerebras matches the AI-compute clue cleanly. The company describes a wafer-scale platform built for data-center inference and generative-AI workloads, while TechCrunch’s reporting from 2017 legal exhibits describes discussions about buying Cerebras through Tesla. That is the strongest link in the pitch, even though the exhibits show discussions and due diligence rather than a bid, signed offer or completed acquisition attempt.
TMC matches the distinctive seabed-minerals clues: its 2025 Form 10-K says subsidiaries NORI and TOML hold exclusive exploration rights in areas of the Clarion-Clipperton Zone. EchoStar matches the satellite clue, and its 2025 Form 10-K records approximately $17 billion of consideration for initial SpaceX transactions involving spectrum licenses. The core basket is therefore Cerebras, TMC and EchoStar, with confidence scores of 91/100, 88/100 and 89/100 respectively.
The bonus “SpaceX’s Secret Partners” report is a thinner read. Our tentative matches are Iridium for IRDM, STMicroelectronics for STM and Intuitive Machines for LUNR. Iridium has the cleanest documented SpaceX connection; the STM and LUNR matches carry more uncertainty, so they shouldn’t be treated as additional confirmed targets.
The offer bundles 3 bonus reports that tease their own stocks. These get a sentence or two of copy each, so the evidence is much thinner than for the main pick and what follows is our best reading rather than a confident answer.
| Bonus report | Our best guess | Confidence |
|---|---|---|
| SpaceX's Secret Partners: 3 Stocks to Set to Soar 1,500% | IRDM — Iridium Communications Inc. | 96/100 — high |
| SpaceX's Secret Partners: 3 Stocks to Set to Soar 1,500% | STM — STMicroelectronics N.V. | 78/100 — solid |
| SpaceX's Secret Partners: 3 Stocks to Set to Soar 1,500% |
The claim-by-claim checks that follow put each promotional assertion beside the relevant filing, company release or official announcement. The identification clues mostly hold up; several dramatic descriptions do not.
| The promotion claims | Verdict | What we found |
|---|---|---|
| Cerebras is an AI-compute company | Checks out | Cerebras describes its business as an AI-compute platform built around a wafer-scale engine for data-center inference and generative-AI workloads. |
| Elon Musk has already tried to acquire Cerebras | Overstated | TechCrunch reported from 2017 legal exhibits that Ilya Sutskever discussed buying Cerebras through Tesla, while the record shows discussions and due diligence rather than a bid, signed offer or completed acquisition attempt. |
| The promotion claims | Verdict | What we found |
|---|---|---|
| TMC is a tiny company | Overstated | TMC’s market capitalization was approximately $2.25 billion when checked, which is not a tiny or micro-cap valuation and is at or above the usual small-cap range. |
| TMC has exclusive rights to the mineral deposit |
| The promotion claims | Verdict | What we found |
|---|---|---|
| EchoStar is a satellite communications company | Checks out | EchoStar’s 2025 Form 10-K describes satellite broadband, satellite services, wireless communications and connectivity businesses operated under brands including Hughes and HughesNet. |
| SpaceX is paying EchoStar about $17 billion for spectrum | Checks out | EchoStar’s 2025 Form 10-K records approximately $17 billion of consideration for the initial SpaceX transactions involving EchoStar’s spectrum licenses. |
| The promotion claims | Verdict | What we found |
|---|---|---|
| The Pentagon faces a January 1, 2027 deadline | Contradicted | The official U.S. Space Force announcement located requires a fully operational Space Data Network prototype by the end of 2027, not by January 1, 2027, and does not establish the promoted deadline. |
| SpaceX is Iridium’s historic launch partner | Checks out | Iridium’s January 2019 company release calls SpaceX the partner for its historic launch campaign and says eight Falcon 9 missions deployed all 75 Iridium NEXT satellites. |
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What is the January 1, 2027 deadline actually attached to? We received this campaign on only one day, August 20, 2026, so the record is too thin to say whether the date rolls. The promotion gives us a deadline, not yet a pattern.
The checked U.S. Space Force announcement doesn’t validate that date either. It calls for a fully operational Space Data Network prototype by the end of 2027, not by January 1, 2027. That’s a real program milestone, but it isn’t the promoted countdown.
This is another Mark Skousen promotion we’ve identified. His earlier “Trump’s Next Stock Buy” pitch pointed to Talon Metals Corp. (TLOFF), which is up 29.57% since we revealed it. The ledger is short, but that is the result on record.
The pitch’s central claim is simple: Elon needs AI computing, strategic seabed minerals and satellite connectivity, so he must acquire Cerebras, TMC and EchoStar before January 1, 2027.
The first link is real. Cerebras is an AI-compute company, and the Tesla-route acquisition discussions reported from legal exhibits give the story a genuine Musk connection. But “Elon has already tried to acquire it” stretches discussions and due diligence into an attempted deal. EchoStar is even more concrete as a SpaceX relationship, yet its filing describes the transaction as supporting Starlink Direct-to-Cell expansion and allowing EchoStar to offer Starlink services. That isn’t SpaceX funding EchoStar to compete against Starlink.
TMC has real exploration rights, but the promotional geography and scale are wearing stilts. Its 2025 Form 10-K places the relevant area in international waters about 1,500 miles southwest of San Diego, not off California’s coast. And the often-cited $8 trillion to $16 trillion valuation refers to resources across the broader Clarion-Clipperton Zone, not TMC’s contracted exploration areas. Market data also put TMC’s capitalization at approximately $2.25 billion when checked, which makes “tiny company” a poor fit.
As a basket, these are three different bets wearing one Elon costume. Cerebras carries the cleanest operating thesis, while EchoStar has the clearest documented SpaceX commercial connection. TMC is the higher-uncertainty resource option, where the promotional leap is largest. The basket is worth examining as three separate situations, but the filings don’t support treating all three as imminent acquisitions.
How confident are we? CBRS 91, TMC 88, SATS 89 out of 100. We identified 3 stocks from the promotion's own clues and checked 16 claims across them against filings, earnings calls, ownership records, market data and public reporting. Confidence is scored per stock, so a weaker one does not borrow credit from a stronger one. This is our analysis, not the publisher's disclosure — we have no relationship with them.
Knowing which stock it is only gets you halfway. We score CBRS on valuation, profitability, growth, financial health and momentum — and reach our own conclusion, independent of how it was sold to you.
Read the CBRS report →Independent of the promotion — our own numbers, score and analysis.
The analyst-grade research report — charts, grades, valuation, and price targets — in 10 minutes.
| TMC the metals company Inc. |
| 88/100 — high |
| 3 | SATS | EchoStar Corporation | 89/100 — high |
| 55/100 — probable |
| Overstated |
| TMC’s 2025 Form 10-K says subsidiaries NORI and TOML hold exclusive exploration rights to areas in the Clarion-Clipperton Zone; it does not grant TMC ownership or unrestricted rights to mine the entire deposit. |
| The mineral deposit lies off the California coast | Overstated | TMC’s 2025 Form 10-K places NORI Area D about 1,500 miles southwest of San Diego in international waters, a real California geographic reference but not a deposit in California’s coastal waters. |
| The deposit is the biggest mineral deposit found anywhere on Earth | Overstated | The U.S. Geological Survey calls the Clarion-Clipperton Zone the largest known global nodule field by area and tonnage, not the biggest mineral deposit of any kind on Earth. |
| The mineral motherlode is worth $8 trillion to $16 trillion | Overstated | ISA-related literature and later analyses cite roughly $8 trillion to $16 trillion for resources across the broader Clarion-Clipperton Zone, not for TMC’s much smaller contracted exploration areas alone. |
| Contradicted |
| EchoStar’s 2025 Form 10-K says the transaction supports SpaceX’s Starlink Direct-to-Cell expansion and allows EchoStar to offer Starlink services; it does not describe SpaceX as funding EchoStar to compete against Starlink. |
| Overstated |
| STMicroelectronics says its BiCMOS technology is used in Starlink phased-array antennas and that billions of custom products support the program, but its releases do not establish that ST is the sole chip maker in every Starlink dish. |
| Intuitive Machines is a SpaceX launch partner | Checks out | Intuitive Machines said its IM-2 lunar lander was encapsulated in a SpaceX payload fairing, documenting a direct SpaceX launch relationship. |
| Intuitive Machines is a small-cap company | Overstated | LUNR’s market capitalization was approximately $2.86 billion when checked, slightly above the conventional roughly $300 million to $2 billion small-cap band rather than clearly small-cap. |
| Intuitive Machines is sitting on nearly $1 billion in NASA contracts | Overstated | Intuitive Machines’ 2025 Annual Report reported $213.1 million of contracted backlog, while its $4.82 billion NASA Near Space Network figure was a maximum potential IDIQ value rather than funded contracts; later backlog growth makes the promotion a muddled approximation, not a clean figure. |
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CBRS is still delivering explosive cloud growth, but the market is demanding proof that growth can become profitable. With a 273.38x P/S and -81.2% operating margin, the 16% after-hours reversal looks like a bearish reset.
Cerebras Systems Inc. (CBRS) fell sharply after its second-quarter report, even as EPS beat estimates and full-year revenue guidance rose. Investors are weighing a GAAP revenue miss, margin pressure, and a very rich valuation against strong AI demand and major customer wins.
Cerebras is scaling revenue fast on AI inference demand, but the stock already prices in near-perfect execution. The company’s cloud mix is improving, yet valuation and margin pressure keep the rating at Hold.