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Last Reviewed October 18, 2026
Hey everyone, Jenna here. True Innovations Report is the newest Stansberry Research pitch to land in my inbox, and it comes with a headline that sounds like a tech rumor: Elon Musk is secretly building an AI phone. I’ve gone through the complete checkout page line by line, and I joined so I could look at the model portfolio myself.
One honest note up front. I’m a new member, so this review is not based on years inside the portal like some of my others. It rests on Stansberry’s sales and checkout pages plus the model portfolio as I pulled it on October 18, 2026.
I’m also an affiliate for Stansberry’s offers. If you sign up through my links I earn a commission at no extra cost to you, and I’d tell you the same thing either way.
- Best for: investors who like early-stage technology ideas and can handle volatility.
- Not for: anyone who wants a conservative, income-focused portfolio.
Short version: True Innovations Report is a monthly tech-stock newsletter from Stansberry Research, and the current pitch is a prediction, not a fact.
- Editor Josh Baylin predicts Musk will launch an AI phone he calls the “Starphone.” Nothing here is confirmed.
- The offer is $129 for the first 12 months, which Stansberry lists at $499. It renews at $199 a year unless you cancel.
- A 30-day refund covers the subscription fee only. The stocks themselves carry real risk of loss.
- The model portfolio has 32 open positions. Older picks show big gains, while picks from the last year or so are far more modest.
- The portfolio numbers are Stansberry’s own reference-price tracking, not trades I made.
True Innovations Report at a Glance
| Metric | True Innovations Report (Oct 2026) |
|---|---|
| Publisher | Stansberry Research (Baltimore, MD) |
| Editor | Josh Baylin, with Senior Analyst John Engel |
| Format | Monthly issue, buy and sell alerts as needed, model portfolio, digital archive |
| Current Pitch | The editor’s “Starphone” prediction and a list of possible suppliers |
| Included Reports | 3 (supplier list, physical AI, Sam Altman convergence), plus a bonus video |
| Bonus | Stansberry Digest (daily), optional 1-year TradeStops Basic |
| Price | $129 for the first 12 months (Stansberry lists the regular price at $499) |
| Renewal | $199 plus applicable taxes, charged automatically each year |
| Model Portfolio | 32 open positions (October 18, 2026), no closed-position list that I could find |
| Refund | 30-day full refund of the subscription fee |
✓ Best For
- Investors who want early exposure to technology themes like AI hardware and chips
- Readers who enjoy a story-driven thesis and can separate it from the numbers
- Subscribers who want a model portfolio plus buy and sell alerts
✗ Not For
- Conservative or income-focused investors
- Anyone who would treat a prediction as a sure thing
- Short-term traders who need constant action
What Is the True Innovations Report?
True Innovations Report is a monthly investment newsletter from Stansberry Research focused on technology stocks. Each issue contains new recommendations from Editor Josh Baylin and Senior Analyst John Engel, plus updates to a model portfolio.
Members also get email buy and sell alerts between issues, a digital archive of back issues (Stansberry says over 100), and the daily Stansberry Digest. It is a research subscription, not a brokerage or an advisory service, so you make every trade yourself.
Who Is Josh Baylin?
According to Stansberry Research, Josh Baylin helped manage $200 million at what the company calls one of the most elite funds in the world before becoming editor of True Innovations Report. I can’t independently verify that fund or the amount, so treat it as Stansberry’s description of his background.
He is joined by Senior Analyst John Engel. I’m not going to guess how the two of them split the research, because I haven’t been a member long enough to see how often their calls change.
The Pitch: Is Musk Really Building a “Starphone”?
The presentation centers on Baylin’s belief that Elon Musk is planning an AI phone. He points to government approvals, acquisitions, deals and trademarks as evidence, and says they all lead to what he calls the Starphone.
His investing angle is a suppliers play. Musk has never built every piece of a product himself, the argument goes, so the companies supplying chips and components could benefit if a device is announced. That is a familiar pattern, which is why the pitch is easy to follow.
What’s reasonable to say
- Component suppliers often move when a major device launch is announced or rumored.
- SpaceX’s Starlink has pursued mobile connectivity, and the sales page says the FCC granted another approval for its Starlink Mobile network. I haven’t independently confirmed that approval.
- Physical AI is a theme that Nvidia’s CEO has discussed publicly, according to the sales page.
What’s speculative
- Whether Musk will launch a phone at all. Baylin calls it his prediction and says he is “convinced,” which is conviction, not confirmation.
- Which companies, if any, would actually supply it. The supplier names are paid content, so I’m not publishing them, and a supply chain can’t be confirmed before a company announces a product.
- The claim that the story will break “any day now.” The sales page uses urgency, and nobody can time an announcement.
- The physical AI figure of $243 billion over the next few years is Stansberry’s number, attributed to market expectations without a named source.
Bottom line: a prediction can be interesting without being investable. Even if the phone is real, a supplier stock can already be priced for the news, and the stocks can fall.
What the Sales Page Says About Past Winners
Stansberry cites several past stock moves to make the case. Per the sales page, Cirrus Logic is up as much as 489% since it began supplying audio chips for the iPhone 6, and Amkor roughly tripled after Apple’s CEO mentioned it. It also cites an 851% past gain on Lumentum in the True Innovations Report.
The page also lists a few far larger figures. I’m not reproducing them, because they are outliers that give a misleading picture of what a typical subscriber should expect. Past performance does not guarantee future results, and a handful of highlighted winners tells you nothing about the full list of picks, including the losers.
I did compare the headline claims with the model portfolio. The returns shown there for two of the sales page’s best-known winners are lower than the sales page figures. That is probably a difference between peak prices and current prices, but it is a reminder that the highlight reel and the live portfolio are not the same number.
What I Found in the Model Portfolio
On October 18, 2026, I pulled the model portfolio. It lists 32 open positions across seven themes, each with a reference date, a reference price, a recent price, a total return that includes dividends, and a Buy or Hold rating. I’m not naming the individual stocks, since that is paid research, but the shape of the portfolio is worth knowing.