Good Tuesday morning. Welcome to Squawk on the street. I'm Carl Kingstonia with Jim Kramer, David Faber,

post nine of the New York Stock Exchange. Coming off that record high for the Dow and the Russell,

S&P is going to try to join them. 7's the closing level to watch. As the Fed media began, G7 is live.

Japan finally hikes rates, and SpaceX approaches Amazon's market cap. Oil's down to 77.

The president says the straight will open on Friday.

Meantime SPR inventory is now the lowest since Reagan.

Our roadmap begins with the SpaceX rally.

Shares on pace for its third straight day of gains following that historic debut.

Plus, the Fed is kicking off its two-day meeting today.

It's the first under new chairman, Kevin Worse. We'll get you ready for that. And Robin Hood is the latest company to announce job cuts.

It's laying off 10% of its workforce. It's CEO of Latentive emphasizing the need for a, quote, lean hyper-focused team. Let's begin with SpaceX though this morning, rallyinging again a day after jumping 20% in its first full day of trading,

set to potentially surpass Amazon by market cap at today's Open Gym.

We're watching $2.5,26 trillion.

You called it a mean stock this morning.

Well, I had to.

And they were looking for they, whoever is handling some of the books,

or we're looking for sellers last night, as late as 9, 10, and they were paying 200. Between 247 and

4 o'clock was something I haven't seen a long time. This stock made a run at 2.211, 2.12. Then when Morgan

comes on, it's at 2.13, and they throw it back to 210. And then David, they brought it all the way

back to 201. Meme stocks are moved up in the middle of the night, the dark of the night,

the wee hours of the night,

and then sometimes sellers come in, then sometimes sellers get exhausted. David, this was a

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