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This week Chris sits down with Jim Cantrell, Co-founder & CEO of Phantom Space. He co-founded Phantom Space in 2019, where he is now trying to mass produce rockets. He was employee number four at SpaceX and its first VP of Business Development. Jim is one of a handful of people who was actually in the room at the start. They discuss:• How getting arrested for espionage in Russia is the reason Elon Musk ever called him• What a fishing trip in Florida taught him about raising money• Why he believes SpaceX only exists because the Russians said no• What Carl Sagan asked him in a traffic jam• Why the rocket companies that worked spent a few hundred million and the ones that failed spent billions• What he means when he says he is building the Henry Ford of space• Why he thinks the only sovereign place left for a data center is orbit Timestamps(00:00) Intro(01:00) Getting Into Space by Accident(07:06) The Real Soviets and Getting Arrested for Espionage(13:54) The Cold Call From Elon Musk(20:27) The Moscow Trips That Created SpaceX(31:55) From SpaceX Employee Number Four to the Skybox Exit(39:12) Searching for Serendipity in Hotel Boardrooms(43:06) Faith and the Unfinished Business Behind Phantom(53:29) The Case for Mars and SpaceX as a Nation State(57:04) Why America Has to Win Space(1:05:42) Becoming the Henry Ford of Space(1:10:49) Why Data Belongs in Space(1:20:27) Why Phantom Builds Its Own Rockets(1:28:54) Seeing the Future and Staying Under the Radar(1:35:52) The Executives Who Wanted to Destroy Elon(1:40:50) The Launch Shortage and Data Centers in Space(1:49:04) Keeping Space Free of a New East India Company === Presented by Airshare:Trusted across the country for fractional ownership, jet cards, charter, and aircraft management, Airshare gives you a smarter way to fly private - over 25 years of experience, operating their own fleet, with the top safety ratings in the industry. Drive up to the FBO, walk on, and go. Go to flyairshare.com to learn more. === Sponsored by: True North AdvisorsTrue North Advisors is a multi-family office and private wealth advisory firm serving business owners, entrepreneurs, and families since 2000. With over $5.6 billion under management, they're real investors offering conflict-free counsel and portfolios built around your life. Learn more at https://truenorthadvisors.com Collateral PartnersCollateral Partners builds institutional-grade investor materials for private credit, private equity, real estate, and family office firms, the kind of marketing collateral that helps you close capital. Learn more at https://collateral.com/powers Relay Human CloudRelay Human Cloud gives you pre-vetted, fully managed global talent for up to 75% less than hiring locally. Your best people stop doing repetitive work and get back to the work that moves your company forward. Learn more at https://www.relayhumancloud.com/powers === Chris on Social Media:X: https://x.com/fortworthchrisInstagram: https://www.instagram.com/thepowerspodcastLinkedIn: https://www.linkedin.com/in/chrispowersjr/ === Visit our website: https://www.powerspod.com/Leave a review on Apple: https://bit.ly/45crFD0Leave a review on Spotify: https://bit.ly/3Krl9jO
Carl Quintanilla, Jim Cramer, and David Faber started the hour by breaking down this morning's inflation print, with CPI rising 0.1% in July and the annual inflation rate coming in at 3.4%. The desk then brought in CoreWeave CEO Mike Intrator to discuss his company's strong Q2 results, which sent the stock surging by double digits at the open. Also in AI, SpaceX CEO Elon Musk outlined how AI revenue within the company will exceed all other sources of revenue before year-end. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
SpaceX priced at $135 a share, raised $75 billion, and hit an all-time high of $225 within days — then fell to $107. Dr. Jimmy Turner and Justin Harvey CFP break down how index funds actually decide what gets included in the index, why the S&P 500 said no to SpaceX while CRSP and the Russell 1000 said yes, and what that means for the total stock market index fund in your 401(k). What you'll learn: Why an index fund doesn't pick stocks — it follows 3 rules: seasoning, profitability, and float How Nasdaq, Russell 1000, and CRSP cut IPO seasoning for SpaceX Why your money in an IPO often funds the private investors cashing out on the other side What Dimensional's 12-month IPO exclusion says about buying at the offering How to handle FOMO before Anthropic and OpenAI potentially go public Resources mentioned: Looking to lower your taxes? Check out Gelt, the tax team Jimmy uses: https://moneymeetsmedicine.com/CPA Juno — Looking for a lower interest rate on your student loans? Use group negotiated rates from Juno here: moneymeetsmedicine.com/juno Every physician needs disability insurance. Get quotes from Money Meets Medicine Disability Insurance: https://moneymeetsmedicine.com/disability The Physician Philosopher's Guide to Personal Finance — free book for physicians — moneymeetsmedicine.com/freebook Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Florida Tech Head Cross Country & Track & Field Coach Dylan Anderson returns to Airey Bros Radio for Episode 473 following his appointment as the new leader of the Panthers program.Coach Anderson joins the Bros to talk about his move from the University of Evansville back home to Florida, taking over Florida Tech Cross Country & Track & Field, and his vision for building a championship-level NCAA Division II program in the Sunshine State Conference.We dive into recruiting at one of the nation's premier STEM-focused universities, Florida's deep high school running talent pool, international recruiting, the transfer portal, individualized training, building team culture, and creating a Division I-level experience within a Division II program.Coach Anderson also discusses balancing demanding majors like engineering and aviation with college athletics, Florida Tech's connections to the Space Coast, NASA, SpaceX and other major employers, plus his plans to reconnect the Panthers with the Melbourne running community.And, of course, we finish with the Airey Bros Final Four — coffee, daily practices, what Coach Anderson is reading, and his new Florida guilty pleasure: a Pub Sub on the beach.
One of SpaceX's rockets crashed into the moon, probably not on purpose. It also seems that every AI is doing hacks that it shouldn't these days. Back to a normal episode this week, with all the fun times to help you tech better! Watch on YouTube! - Notnerd.com and Notpicks.com INTRO (00:00) PDX Fast Foodie does Burger Week (01:40) We got Spotify copyright takedown notices on episodes 53, 94, 334 (06:45) Perplexity Pro (08:30) MAIN TOPIC: Elon Musk attacked the moon? (11:30) A SpaceX rocket just crashed into the moon. Now, the race is on to get a look at the impact site South Korean satellite captures before and after views of SpaceX rocket's moon crash DAVE'S PRO-TIP OF THE WEEK: Save image still from iPhone video in iOS 27 (16:45) JUST THE HEADLINES: (24:55) Netflix sued for $105 million for allegedly losing "master copy" of unreleased Nicolas Cage movie LinkedIn Introduces a 'Seems Like AI Slop' Button Russia-linked "Midnight Blizzard" group hijacks hotel wi-fi with CaptiveCrunch A missing underscore sent innocent man to prison for 18 months Arizona State launches influencer degree where students must gain real followers Dress made of living mycelium can renew and repair itself Scientists make first viruses designed by AI LISTENER MAIL: Dillon DJI ban (27:40) WITHIN REACH! Dave is leading 11-7, Round 21, Nate goes first (34:35) TAKES: Anthropic's Claude AI escapes to hack into three organizations - Meta AI too (39:30) Apple captures 65% of global premium smartphone market (40:45) Original iPhone loses its last cellular network as T-Mobile kills 2G (42:25) BONUS ODD TAKE: A digital museum of video game levels (43:45) PICKS OF THE WEEK: Dave: Insta360 GO 3S Retro Viewfinder (47:35) Nate: USB C Right Angle Cable 100W 6 inch 2Pack, 4K Video 20Gbps USBC 3.2 Cable | Short USBC to USBC 3.2 Gen2x2 Data Cable, Type C PD Charging Fast Charge Cord for iPhone 17,iPad MacBook, Galaxy S26, 0.5ft (55:30)
ONLY 25 SPOTS LEFT! 3 YEAR DEAL http://www.ianinvest.comMarket Mondays is back with a full breakdown of the biggest investing conversations happening right now. We recap Invest Fest, share our biggest lessons and networking takeaways, and break down how to get friends and family off the sidelines and focused on long-term investing.We dive into Nvidia's massive $500 billion AI financing deal, Intel's $15 billion stock offering, and whether SpaceX could become the next Tesla-style trade. We also debate how much longer tech can dominate the market, why SPY and VOO remain core holdings, and which name we're choosing between Micron, DRAM, and SanDisk.Plus, we reveal our year-end S&P 500 target, explain how VIX levels influence cash deployment, discuss how much of a serious portfolio should ever be allocated to single-drug biotech stocks, and deliver the Investing Fact and Trading Tip of the Week.#MarketMondays #Investing #StockMarket #Nvidia #SpaceX #Micron #SanDisk #Intel #SP500 #VIX #ArtificialIntelligence #InvestFest #Stocks #WealthBuilding #EYLAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
What's the business story of the summer thus far? SpaceX's stumble post-IPO? AI security breaches? Ongoing tension surrounding the Strait of Hormuz? Host Bob Safian sits down with Rapid Response producer Alex Morris to weigh in. The pair also break down the impact of Uber COO Andrew Macdonald's appearance on the podcast, and how it sparked a broader conversation throughout the business world about AI spending. Plus, leadership lessons forged in the fire of FIFA's privatization play, Kalshi's New York lawsuit, and the BTS boycott of The Grammy's.Visit the Rapid Response website here: https://www.rapidresponseshow.com/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Tristan Thompson is an NBA champion with the Cleveland Cavaliers who's become a hands-on tech investor and operator. In this conversation, we break down how AI and analytics are reshaping professional sports, how he evaluates AI startups without getting caught in the hype, and why he's bullish on bitcoin, SpaceX, and prediction markets. We also dig into financial literacy and building real wealth after your playing career ends.=====================Arch Public is an agentic trading platform that automates investment strategies across Stocks, Commodities, ETFs and Crypto. Whether you're rotating into AI & Gold, allocating to the S&P 500, or accumulating Bitcoin, Arch Public executes your plan 24/7 without ever taking custody of your assets or funds. Sign up today at https://www.archpublic.com, and start your FREE automated trading strategy! =====================Uphold is the easiest way to buy and sell crypto unlike any other platform allowing you to trade in just one step between any supported asset. Check them out at https://www.uphold.com/pomp/ This video includes a paid sponsorship with Uphold. I'm compensated by Uphold for promoting its products and services and may receive commissions from referrals. Terms apply. Not available in all jurisdictions. Digital assets are risky and may result in the total loss of your capital.=====================0:00 - Intro0:51 - How AI & tech are transforming pro sports5:37 - Transitioning from NBA champion to tech investor8:49 - How Tristan evaluates AI investments12:51 - Why Tristan is bullish on bitcoin17:30 - Prediction markets & sports gambling19:10 - Financial literacy & his legacy beyond basketball21:48 - A company he's really excited about
Plus: Rocket Lab's Neutron vehicle may not be ready to launch this year. And longtime OpenAI executive Brad Lightcap steps down. Julie Chang hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
In this episode, Scott Becker discusses SpaceX’s massive $120 billion chip manufacturing project.
What if fear wasn't something holding you back, but something you could learn to use to move forward? On this re-release episode of the Live Greatly podcast, Kristel Bauer sits down with Michelle "Mace" Curran, former fighter pilot, bestselling author of The Flipside: How to Invert Your Perspective and Turn Fear into Your Superpower, and only the second woman in history to fly as Lead Solo Pilot for the U.S. Air Force Thunderbirds. Michelle shares lessons from her extraordinary career about reframing fear, building confidence, navigating self-doubt, and taking bold action when the stakes are high. Kristel and Michelle also explore imposter syndrome, breaking through perceived limitations, and how shifting your perspective can help you move toward your personal and professional goals. Key Takeaways From This Episode: How to reframe fear and use it to move forward Strategies for building confidence and working through self-doubt Michelle's journey as a female fighter pilot and USAF Thunderbird How to navigate imposter syndrome Why changing your perspective can help you break through barriers How to take bold action even when you feel afraid or uncertain Tune in to learn how to change your relationship with fear, strengthen your confidence, and step more boldly into what's possible. ABOUT MICHELLE "MACE" CURRAN: Michelle "Mace" Curran shattered barriers as a combat fighter pilot and only the second woman in history to fly as the Lead Solo Pilot for the USAF Thunderbirds—a role reserved for the best of the best. Now a bestselling author, keynote speaker, and LinkedIn Top Voice, she shares powerful lessons on confidence, leadership, and bold action with audiences worldwide. Michelle has worked with leading brands like Microsoft, SpaceX, Boeing, and PwC, and has been featured on The Kelly Clarkson Show, CBS Evening News, and Glamour. Through her upcoming book, The Flipside: How to Invert Your Perspective and Turn Fear into Your Superpower (Sept 9, 2025), she equips women with the mindset and strategies to push past self-doubt, embrace boldness, and lead authentically. Connect with Michelle Order Michelle's book: https://a.co/d/63K0A9r Website: https://macecurran.com/ Linkedin: https://www.linkedin.com/in/macecurran/ Instagram: https://www.instagram.com/mace_curran/ Facebook: https://www.facebook.com/macecurran/ About the Host of the Live Greatly podcast, Kristel Bauer: Kristel Bauer is a corporate wellness and performance expert, keynote speaker and TEDx speaker supporting organizations and individuals on their journeys for more happiness and success. She is the author of Work-Life Tango: Finding Happiness, Harmony, and Peak Performance Wherever You Work (John Murray Business November 19, 2024). With Kristel's healthcare background, she provides data driven actionable strategies to leverage happiness and high-power habits to drive growth mindsets, peak performance, profitability, well-being and a culture of excellence. Kristel's keynotes provide insights to "Live Greatly" while promoting leadership development and team building. Kristel is the creator and host of her global top self-improvement podcast, Live Greatly. She is a contributing writer for Entrepreneur, and she is an influencer in the business and wellness space having been recognized as a Top 10 Social Media Influencer of 2021 in Forbes. As an Integrative Medicine Fellow & Physician Assistant having practiced clinically in Integrative Psychiatry, Kristel has a unique perspective into attaining a mindset for more happiness and success. Kristel has presented to groups from the American Gas Association, Bank of America, bp, Commercial Metals Company, General Mills, Northwestern University, Santander Bank and many more. Kristel has been featured in Forbes, Forest & Bluff Magazine, Authority Magazine & Podcast Magazine and she has appeared on ABC 7 Chicago, WGN Daytime Chicago, Fox 4's WDAF-TV's Great Day KC, and Ticker News. Kristel lives in the Fort Lauderdale, Florida area and she can be booked for speaking engagements worldwide. To Book Kristel as a speaker for your next event, click here. Website: www.livegreatly.co Follow Kristel Bauer on: Instagram: @livegreatly_co LinkedIn: Kristel Bauer Twitter: @livegreatly_co Facebook: @livegreatly.co Youtube: Live Greatly, Kristel Bauer To Watch Kristel Bauer's TEDx talk of Redefining Work/Life Balance in a COVID-19 World click here. Click HERE to check out Kristel's corporate wellness and leadership blog Click HERE to check out Kristel's Travel and Wellness Blog Disclaimer: The contents of this podcast are intended for informational and educational purposes only. Always seek the guidance of your physician for any recommendations specific to you or for any questions regarding your specific health, your sleep patterns changes to diet and exercise, or any medical conditions. Always consult your physician before starting any supplements or new lifestyle programs. All information, views and statements shared on the Live Greatly podcast are purely the opinions of the authors, and are not medical advice or treatment recommendations. They have not been evaluated by the food and drug administration. Opinions of guests are their own and Kristel Bauer & this podcast does not endorse or accept responsibility for statements made by guests. Neither Kristel Bauer nor this podcast takes responsibility for possible health consequences of a person or persons following the information in this educational content. Always consult your physician for recommendations specific to you.
Why did NASA lose its dominance in space while SpaceX became the world's launch leader?In this fascinating conversation, David and Stacy Whited sit down with bestselling author, economist, and historian Rainer Zitelmann to explore why capitalism—not government bureaucracy—is driving the future of space exploration. From the failures of the Space Shuttle program to Elon Musk's reusable rockets, Rainer explains how free markets are transforming the new space race and why Mars may ultimately be settled by entrepreneurs rather than governments.The discussion also dives into Rainer's remarkable personal journey from a committed Marxist and Maoist to one of the world's strongest defenders of capitalism. He shares why he believes capitalism has lifted billions out of poverty, why socialism has repeatedly failed throughout history, and why the battle over economic freedom could determine humanity's future both on Earth and beyond.If you've ever wondered why SpaceX continues to outperform government space programs—or what the next frontier for civilization really looks like—this is a conversation you won't want to miss.
HOUR 2 (08/11) - Gary & Shannon open with #TerrorInTheSkies after an American Airlines flight struck birds shortly after takeoff, triggering a mayday and an engine emergency.They then turn to Los Angeles politics as the city’s homelessness crisis worsens, Ninthya Raman loses her committee chairmanship, and both Raman and Mayor Karen Bass face questions over accountability and whether anyone is actually fixing the problem.Later, they debate the University of Michigan’s plan to drop letter grades for incoming freshmen and wrap with meteor showers, a SpaceX launch, and whether dating has simply become too expensive.See omnystudio.com/listener for privacy information.
What's the business story of the summer thus far? SpaceX's stumble post-IPO? AI security breaches? Ongoing tension surrounding the Strait of Hormuz? Host Bob Safian sits down with Rapid Response producer Alex Morris to weigh in. The pair also break down the impact of Uber COO Andrew Macdonald's appearance on the podcast, and how it sparked a broader conversation throughout the business world about AI spending. Plus, leadership lessons forged in the fire of FIFA's privatization play, Kalshi's New York lawsuit, and the BTS boycott of The Grammy's. Visit the Rapid Response website here: https://www.rapidresponseshow.com/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Keith explains why achieving scale rather than simply earning more is the key to long-term financial freedom and how income property uniquely delivers multiple forms of leverage. He breaks down 25 years of inflation data to reveal which everyday costs have most outpaced wages and what that means for the real purchasing power of the dollar. Keith also explains why markets like Memphis—combining strong cash flow fundamentals with a massive new AI infrastructure build-out—are positioned as compelling targets for long-term real estate investors. Episode Page: GetRichEducation.com/618 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text FAMILY to 66866 Join Mid South Home Buyers' one-time, free live webinar featuring Keith Weinhold on September 30 at GetRichEducation.com/MidSouth to learn how Memphis' economic expansion could create new real estate investment opportunities, and have your questions answered in real time. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 Welcome to GRE. I'm your host Keith Weinhold. When I talk to a 25-year-old, it's an epiphany. When I tell them that they need this one thing that they're lacking, then some fascinating takeaways about the 93% inflation we've experienced in the past 25 years, and what you can do about it today on Get Rich Education. What if I told you that one of America's strongest cash flow real estate markets is also becoming the new brains and brawn behind AI? That city is Memphis, believe it or not. In September 30th, we're going to show you why the smart money is paying attention now, along with an investing opportunity you won't want to miss. Join me, Terry Kerr and Matthew Van Horn of Mid South Homebuyers, the largest turnkey company in Memphis with more than 6000 homes under management, for a free live webinar the likes of which I've never done before. We're going to look at what billions in new investment could mean for jobs, housing demand, neighborhood appreciation, and your portfolio. Everyone who attends live will also get exclusive access to the best deal terms Mid South has ever offered. Reserve your free seat at getricheducation.com/midsouth again, that's September 30th. Don't say we didn't tell you. Save your spot at getricheducation.com/midsouth. Speaker 1 1:33 You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education. Keith Weinhold 1:49 Welcome to GRE from Livonia, Michigan, to Laconia, New Hampshire, and across 188 nations worldwide. You are listening to Get Rich Education. I'm your host, Keith Weinhold, heading up this slackjaw operation for another wealth-building week. But at least I'm just a slackjaw. If this slackjaw gets lockjaw, it would probably end the show. Now I've got to tell you, when I meet a 25-year-old, I soon tend to learn about their job because it takes a lot of their time, even if I don't ask them about it, and I find out that a 25-year-old is usually an employee of some sort. They're working for somebody else, depending on our conversational flow. I ask that person this question: Have you considered adding scale to your life? And they usually don't know what I mean. I ask that question because, sadly, today it's less common to live an economically vibrant life if you have a quote normal job like a teacher, engineer, retail manager, app developer, or other normal jobs like a firefighter, truck driver, physical therapist, or social media manager, that is not going to lead to an economically vibrant life with options and freedom. I mean, you used to be able to raise a family of four in New York City. That opportunity is just gone for anyone under a certain age. Well, what about say doctors, corporate executives, and attorneys, including some people that might be older than 25. I mean, professions like this can still pay exceptionally well. But even white-collar careers now have AI breathing down their necks. AI is drafting briefs, reading scans, and virtually attending meetings without pretending to enjoy them. Okay, well, what about the outcome for a 25-year-old that's gone along with the somewhat more nascent trend of rising AI sheltered trades like plumbing, electrical, HVAC, welding, carpentry, equipment repair, and these other types of jobs where ChatGPT can't crawl beneath your sink. Look, here's the thing: it doesn't matter whether you wear scrubs, a suit, or a tool belt. Employment has one stubborn limitation: even if you grind hard, even if your body holds up, even if promotions help you climb to the top of the corporate ladder, when you stop working, the income stops. That's the big problem, and yet people keep designing their life this way, employees lack scale. Now, what is scale? Scale is your ability to increase your wealth or income without increasing your personal time and effort at the same rate. Now, employees can find just a little scale. 401k contributions can compound for decades, sometimes with an employer match. Some employees receive stock compensation or bonuses, but employees generally sell one unit at a time. That unit is an hour. They're selling their hours for dollars, and here scale is limited, if not impossible. Real estate investors can stack several forms of scale simultaneously, and remarkably, doing it takes zero certification, zero qualification, no license, and no permission slip from the dean. Keith Weinhold 6:05 The first way real estate investors have scale is through something that you already know so well: real estate pays five ways, leverage appreciation, 10 funded income, loan amortization, tax benefits on the entire asset, and inflation profiting on the bank's loan. Secondly, as a real estate investor, you have scale through operational leverage. Property managers, leasing agents, contractors, lenders, insurers, and software all allow just one investor, you, to control multiple properties. You don't personally collect every rent payment or replace every water heater. I mean, sheesh, that could be a plumbing career with less sleep. And this is all tenant funded. Thirdly, real estate investors have geographic leverage. An individual investor living in Los Angeles can own property in Atlanta, Tulsa, Cleveland, and Belize. Physical location does not limit where your capital works. Your body can only work in one city. Your capital can work the night shift in five. The fourth way real estate investors have scale is with replication. Once you learn how to buy and own one suitable rental, the process can be repeated. You buy, stabilize, finance, rent, and repeat. See, the first property is the hardest, and then your second property does not require learning an entirely new profession. It can be replicated. To review what you've learned so far, those are four dimensions where real estate investors achieve scale through real estate pays five ways: operational leverage, geographic leverage, and replication. Here's the important distinction: employees often mistake earning more with achieving scale. Keith Weinhold 8:16 A surgeon making $900,000 a year earns a nice income, but see that surgeon has limited scale if the income stops when the surgeon stops working. But an investor earning just $150,000 from a portfolio possesses more scale because dozens of tenants, properties, loans, and operating systems continue functioning without your one-for-one labor. That's the distinction. That's why the $150K investor might or might not be living a better life than the 900K surgeon now, but they are set up to live a better life than the surgeon in the future. Now, your employer, the person who hires you, has scale with their many employees. But if you're an employee, you probably don't have scale. You cannot save your way to scale either. That's just stored labor. Savings become scalable only when you convert them into productive assets. Income is how much money comes in. Scale is how little your personal time needs to increase for more money to come in. You can work 20% more hours, but you cannot sustainably work 10 times more hours. Capital can be deployed across 10 assets without requiring 10 times more personal effort. And you know, once I realized this, at a certain point in my life, I was motivated to obtain loans for rental. This helped me scale and own more, replacing my active income with mostly passive income sooner. All right, so what should you do when you have this epiphany? It doesn't mean you should flip over the stupid copier machine as you storm out of work today and announce that you are now a real estate magnet. Not right away, at least employment that can be your launchpad, just like it was for me when I was a humble construction materials inspector for the state DOT. A job does provide you with some benefits like short-term advantages, seed capital, mortgage qualification. Keith Weinhold 10:45 I'm talking about health insurance and some steady cash flow, and even some skills. But the mistake, whether you are aged 25 or 55, is allowing employment to remain the only economic engine for your entire life. Your job can fund your future, but having just one single linear income source that should not be your entire future. But you know, some people just stay on lazy cruise control at a slow speed and let their life unfurl that way. Others, you know, they merely haven't been exposed to thinking this way, and fortunately, now you have been. Really, the bottom line here is that labor won't scale; capital does scale; it compounds, and few, if any, investments offer more dimensions of scale than real estate. And you also get all kinds of other ancillary benefits by gradually tilting away from active income and toward passive income. Because increasingly, when it comes to taxes, you're going to pay lower capital gains tax rates instead of the higher ordinary income rates. The sooner you optimize this and get into as many properties as you can, you're also going to gain the ability to borrow against your assets tax-free, and so much more. Scale or fail-that's the lesson here, and most people fear change. It's why they stay stuck in relationships longer than they should, and why they stay stuck in jobs longer than they should. They keep settling for a B plus life. Don't settle for a B plus life. This is something that NYU professor Susie Welsh talks about: If you have a D life, oh, everything is lousy. You don't live where you want to live. You don't have reliable transportation. You don't have friends, and you're so very motivated to change that. If you have an A plus life, you've got it all. You get to do what you want to do, who you want to do it with, and you're tremendously incentivized to keep that. But having a B plus life like so many do, and being stuck in it, that is the most dangerous place to be. You could tread water for years and stay stuck in a life that you know you're not fully satisfied with, but it isn't so terrible that you feel compelled to change it. So the people that grow wealth know it means that sometimes you have to give up the good to have the great, and the K-shaped economic divergence that we've had in the past five years. This is really bringing things to a head, so get scale. Keith Weinhold 13:43 Scale is the difference between grasping the financial abundance that's available to move you toward that A plus life, or staying on the treadmill, stuck and struggling. Two different people living a B plus life, you know, they have the same starting point, and making a plan is your difference maker. We help you with that here. If you're ready to add real estate scale to your financial life, drop a quick email to GRE Investment Coach Naresh for a complimentary strategy session at Naresh at getricheducation.com. You don't need any qualifications. It can take as little as a 20% down payment on a 200k to 400k rental property, and we have access so that you can buy directly from the builders and get a mortgage rate in the fives. And we are chasing the next hot thing here. Last week we discussed co-living on the show. We waited until that strategy was proven. I like strategies that have had some contact with reality. AI can compose a song, or summarize a meeting, or fabricate a photo of some. Wacky like Abraham Lincoln riding a dolphin, but it still cannot download an affordable bedroom, affordable housing. You're scaling into something sustainable that has a future and can't be easily disrupted by AI. Scale or fail. Stop settling for the B plus life. We can help right now at this moment. Drop a quick email to naresh@getricheducation.com. I should spell that out for you. It's n a r e s h@getricheducation.com. Keith Weinhold 15:36 More straight ahead. I'm Keith Weinhold. You're listening to Get Rich education. What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge. While it's on your mind, start at ridgelendinggroup.com. That's ridgelendinggroup.com. Keith Weinhold 16:13 Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. In full disclosure: I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call, or text family to 66866. That's family to 66866. Chris Martenson 17:17 This is Peak Prosperity's Chris Martenson. Listen to Get rich education with Keith Weinhold, and don't quit your daydream. Keith Weinhold 17:33 Welcome back to Get Rich Education. I'm your host Keith Weinhold. Having residual income from real estate, it can make you more comfortable for sure, but for me, I like to primarily use it to buy back my time. I'll tell you how I just did this. It's a small thing, a small win. It is time for my car's annual routine maintenance. Boring. I really don't want to lose my time dropping it off at the dealership in the morning and then picking it up again. Those two boring round trips don't add anything to my life. But the dealership had the option of, for just 100 bucks, picking it up for me and dropping it off for me at the end of the day. Oh well, that is an opportunity for me to buy some time, so that's why I did that. Now, when it comes to flying, sometimes I fly coach and sometimes first class. I just booked a flight and I refused to pay six times as much for first class. It just wasn't really worth it this time because the experience isn't that much better, and it sure doesn't save me any time. I tend to do that if the price is just 3x more, so I'll pay to save time, but not always to borrow a wider seat for five hours. And you and I both make hundreds of time versus money decisions every day, most of them small. Keith Weinhold 19:04 With the more residual income you have, you're gonna make better decisions where you can choose the time over the money. One thing's for sure: whatever we're doing with our money, and that is that our dollar does not go as far as it used to. Let's look at inflation during the first 25 years of this century. This is really interesting. We're going to see how the cost of goods and services has changed from 2000 to the end of 2025 on some select categories that you spend on, and then I've got some mind-bending takeaways for you once I describe this chart, and this is the same chart that I sent to you last Thursday. If you are one of my newsletter readers, but I can open up and talk about it more here than I can in the newsletter because I keep that short. Overall inflation is about. 93% during this time period. 93% over these 25 years. Now, here are the items that rose less than that much, meaning that they became then more affordable over this span. What fell the most is the price of televisions down more than 90% in the first 25 years of this century? Toys down 74% Computer software down 73% Cell phones down 44% By the way, this all uses the government's CPI inflation rate, clothing up just one and a half percent, and even though it's up, that's still more affordable because it's up less than the overall 93% CPI inflation rate over this span. Household furnishings up 21% and finally new cars up 26% So all those items became more affordable because they rose less than the general rate of inflation. All right, moving on up. Now we're going to go above the line. Items above the 93% overall inflation rate, food and beverages were up 106% housing up 111% average hourly wages up 131% All right, let's pause. Yes, wages then outpacing 93% inflation. but of course, since that 93% uses the government CPI, well, that's pretty understated. Probably, you know, the true dispersing power of the dollar is probably more than 93% So it's debatable about whether there are real wage gains from 2000 to the end of 2025, medical care services up 147% Next in the category that has become less affordable is childcare, up 159% And as I'm naming these, there are some common threads here where I think you're going to have a few epiphanies when I point them out. College textbooks up 177%. Sheesh, what a scam! College tuition and fees up 197%, and finally the major category that became less affordable here at the top is the worst of all: hospital services. They have soared the most, up over 281% All right, there they are. Keith Weinhold 22:57 And what takeaways do we have here? The items that became less affordable tend to be where the government either provides subsidies or they heavily regulate and mandate the product or service, like education, child care, and medical care. The categories that have become more affordable-that's where there is little or minimal government intervention, like clothing and technology. The lesson is that free market competition kept prices low, and some of these categories that became more affordable-you know-they would have become even more affordable than that if it weren't for profligate dollar printing, sadly, the items that have become less affordable-and this could really upset you-the items whose price increases exceed the overall rate of inflation, like medical care and housing, these are life's necessities. They are not once the stuff you need most got harder to obtain, healthcare is the ultimate example of this. It's sad to say, but you'll either pay the fee or you'll die, and the price reflects this. With hospital services up 281% outpacing the overall rate of inflation by about 3x. Also, items that have become more affordable, they are then generally the more discretionary purchases like furnishings, toys, and televisions. You can live without that stuff. Items that have become less affordable. They also tend to be more in-sourced activity, while those more affordable are outsourced, like to China. If you've noticed the trend, then anything involving people in the United States will be expensive, like child. Care and medical care. It involves people in the United States, and then it just gets more and more expensive. And this is also why service prices increase more and goods prices increase less. People are expensive. Keith Weinhold 25:18 Microchips don't ask for dental insurance, and microchips don't file sexual harassment lawsuits. Overall, inflation was just 2.66% per year during this time period. But when it's compounded for this long, that's how it got to 93% cumulatively. But of course, inflation is higher than this 2.66 rate here in the late 2020s, and inflation is poised to rise even more than the level that it's at now. The war in Iran has pushed up energy prices 24% and these costs seep into almost everything, all right. But you're probably aware of this already, so I'm not going to discuss it much more because I discussed that before, like on episode 606, nearly two months ago when I called it our most important message in years, all right. But few seem to understand that this is just one part of a new inflation triple whammy. First, you've got spiking energy prices, like I mentioned. Second, more U.S. tariffs, and third, you've got mushrooming AI spending, and as a result of all this, this new inflation triple whammy that most people aren't aware of, this has pushed up bond yields to their highest point since 2007, and pressure is mounting for the Fed to jack up rates. Mortgage rates are soaring right along with them, and they are now near 7% Could mortgage rates reach 8% This is a real question now. The bottom line here is that inflation made the dollar lose nearly half its purchasing power in the first quarter century. Real asset owners will win, especially leveraged income property owners. This raises the property's replacement costs, spikes rents, and erodes your mortgage's real burden. Nearly everyone else is going to lose, and I don't want to lose a learning moment for you here. Bond yields-they are closely tied to what future mortgage rates are going to be. It's not about what the Fed does, and this is not as esoteric as some people think. This correlation between inflation, bond yields, and mortgage rates. Bonds pay a fixed interest rate long term. Keith Weinhold 28:01 For example, the 10-year Treasury bond right now pays about 4.7% each year for the next 10 years. That's what that means. Now, would you lock in your investment for 10 years in order to get a 4.7% return? Well, if you were a conservative investor, maybe you would if you knew that inflation was only going to be 2% because then you'd be making about a 2.7% real return on your investment each year risk free. But if you expect inflation was going to be 5% over the next 10 years, oh well, then locking in a return of 4.7% means that you would lose real purchasing power every year. Investors don't want to lose money, so if investors expect that inflation is going to be higher, they will only buy bonds if they're paying higher amounts. And the bond market is telling us that as of today, investors expect at least 4.7% inflation over the next 10 years. If things change and they expect inflation to be higher than that, well, then bond yields will go up. If they expect inflation to decrease, for example, from a recession, bond yields will go down. So therefore, Treasury bonds are a true representation of investor inflation expectations and the movement of that bond yield-that is the number one factor that moves mortgage rates in that same direction. There's your explanation. That wasn't so hard. The market does not believe we're going to escape the Middle East war without substantial inflation or energy supply chain issues. That's what that means. Now, what else is going on in this era is the continuation of a reduction in the volume. Of housing transactions, fewer deals are happening. It had its recent peak of 6 million existing homes changing hands back in 2021. In 2022, it was 5 million, and it's been about 4 million transactions every year since. Now, as far as investor activity, just looking at that, for big investors, activity that's been sideways to a little down these past few years. But let's look at ourselves for smaller investors, mom and pop types, defined as those doing 10 or fewer deals per year, which probably includes you. You know, each of the past three years, activity has been up for smaller investors like you. You have gradually been purchasing more property, and this is as reported by realtor.com. Okay, what are the reasons for this? Keith Weinhold 30:55 Well, back during the pandemic, you had to compete with owner-occupied buyers, that's when open house lines stretch down the block, and today there are fewer bidders in the room, and small investors are buying because builders are buying down your mortgage rate for you. That's another reason, and the source analysis it found that investors are sticking to affordable Midwest and Sun Belt markets that have strong rental demand. In fact, they're buying at least one out of every five homes in Memphis, Kansas City, St. Louis, Birmingham, and Oklahoma City. Real estate providers know that some prospective owner-occupant homeowners and even some investors-they won't buy anything at today's market mortgage rates, even though you and I know that these rates are historically normal. But providers-they need to stay in business. They need to keep turning things over. They need to sell property. They need to keep their people busy. They're not running museums here, so they're making sure that mortgage rate buydowns happen. And one of the most lucrative sources that I know about for investors is Mid South Homebuyers because they have investment property where the numbers work in Tennessee, Arkansas, and Texas with mortgage rates in the fives and a conventional loan with 25% down. A lot of their income properties cost under 200k, and these are quality homes in decent neighborhoods. I've physically walked inside many of them myself, not by drone, not with a virtual tour, not by AI, and not through some glossy brochure with suspiciously perfect lighting. The reason I'm telling you about this now is that this mortgage rate is one part of their limited triple five program. Here's what else we get as investors: a mortgage rate near 5% like I mentioned, and a 5% property management fee for five years. Though leverage has its benefits, if you decide to pay all cash instead, they provide you with the 5% property management for life, even if you finance later. I think they call that their forever five. Frankly, it's just amazing how many investors rave about the quality of their rehabs and say that their property management never seems to mess up in this industry. I mean, that is about as common as a calm political debate, or perhaps an airline actually improving legroom, and I have helped recommend Mid Health Homebuyers to our listeners for over 11 years. I know some followers that have looked at their available properties and scooped up three properties on one phone call. In fact, where they're based and have a lot of their available properties, Memphis. You know, Memphis has a story where I don't know if any other market in America can tell it right now. Do you know what's happening? Memphis is developing into having both the new brains and the brawn behind AI, and you got more smart money moving there now. Memphis is now home to the world's largest AI supercomputer. It's XAI's Colossus. It's now part of SpaceX. It's the biggest single-site AI facility on the entire planet. Anthropic is paying over a billion dollars a month to run Claude on it. Google just signed a deal worth up to 30 billion starting october 1, and I look forward to announcing that I have got a live event that I am co-hosting for you the day before this happens on september 30. Keith Weinhold 34:56 So yes, that's the night before Google's money starts flowing. Into Memphis in one year, XAI became the second largest taxpayer in Memphis after FedEx, and the city has committed 25% of the property tax revenue from those sites to infrastructure in the surrounding neighborhoods. And when you add in FedEx, because Memphis already moves more physical goods than anywhere else in the country, you can see how Memphis is increasingly becoming the brains of the digital economy, while it's already been the brawn of the physical one. In every other market, you know they showcase things like their population growth and the rent-to-price ratios, and those attributes certainly matter, but now the fact that perhaps the biggest infrastructure story in America is happening in the most affordable major cash flow market—I mean, this is something that almost nobody has connected the dots on. So join me and my two co-hosts that lead Mid South Home Buyers. Keith Weinhold 36:01 We're going to discuss market fundamentals, the AI build out, what it means for jobs, rent in neighborhoods over the next decade, and then a heavy live Q and A on Mid South. You're invited to join me. This is happening again on Wednesday, September 30th. It's at 8p.m. Eastern. Yes, you will have me live. Sign up at getricheducation.com/midsouth. It's a special event as Memphis is positioning to become both the brawn and brains of AI and a property provider that already makes a lot of sense for investors. Save your spot at getricheducation.com/midsouth. Until next week, I'm your host Keith Weinhold. Don't quit your daydream. Speaker 2 36:54 Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively. Keith Weinhold 37:22 The pre- program was brought to you by your home for wealth building, getricheducation.com
SpaceX rallies back to its IPO price after Friday's sharp rebound, one portfolio manager explains why the stock has become one of his largest bets. Plus, a top economist makes the case that the Federal Reserve won't raise interest rates this year, even as inflation remains a key concern for investors. And we break down Berkshire Hathaway's latest earnings, including CEO Greg Abel putting more of the company's massive cash pile to work. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Recorded live at Identiverse 2026, Jeff and Jim sit down with returning guest Mike Kiser, Director of Strategy and Standards at SailPoint, for a wide-ranging conversation that spans two of the standards world's most active frontiers. The first half breaks down C2PA, the Coalition for Content Provenance and Authenticity, explaining how it differs from digital watermarking, how metadata and cryptographic signatures build a chain of custody for media, and why this work connects directly back to identity. The conversation then shifts to AI agents and the challenge of defining and governing intent, with Mike drawing an extended analogy to the early, under-regulated days of space exploration. The episode closes with reflections on the value of hallway conversations and community at Identiverse.Connect with Mike: https://www.linkedin.com/in/mike-kiser/Connect with us on LinkedIn:Jim McDonald: https://www.linkedin.com/in/jimmcdonaldpmp/Jeff Steadman: https://www.linkedin.com/in/jeffsteadman/Visit the show on the web at http://idacpodcast.com00:00 Introduction from Identiverse 202601:00 Mike previews his two Identiverse talks01:35 What C2PA is and how chain of custody works06:51 Watermarks versus C2PA explained10:06 Why content provenance matters for identity14:22 Is C2PA a standard or a working group16:23 The SpaceX and space debris analogy for agent intent20:13 Governing agent publishing without stifling innovation22:00 Action Identification Theory and the how versus the why27:47 Can an AI actually have intent32:34 Why people humanize and fall in love with chatbots38:37 The case for locking down intent early39:39 Does intent change, or is it a new intent46:19 Favorite hallway conversations at Identiverse51:03 Wrap up and where to find MikeIDAC, Identity at the Center, Jeff Steadman, Jim McDonald, Mike Kiser, SailPoint, C2PA, Content Provenance and Authenticity, Identiverse 2026, Shared Signals Framework, AI Agents, Agentic Identity, Digital Watermarking, Decentralized Identity Foundation, Intent-Based Access Control
Northwest Registered Agent: Start Your LLC Today at https://www.northwestregisteredagent.com/ich Monarch: Use code ICEDCOFFEE at https://monarch.com to get your first year of Monarch Core half off at just $50! Ethos: Get Your FREE Life Insurance Quote at https://ethos.com/icedcoffee Shopify: Stop waiting for permission to build something. Your next revenue stream starts free at https://shopify.com/ich Follow @DumbMoneyLive Here! Chris Camillo Twitter: https://x.com/ChrisCamillo *
The FCC explores WiFi from space, SpaceX announces plans for Starlink Mobile, and 2G is officially dead. How to Contact us:www.thecellphonejunkie.com questions@thecellphonejunkie.com Twitter How to Listen:Subscribe iTunes Download the show directly
(0:00) Bestie intros! Brad Gerstner fills in for Chamath (2:16) Major shakeups at Google: AI brain drain or better strategy? (20:39) SpaceX's big quarter: Terafab, AI Capex, $1T revenue projection? (45:44) All-In Summit Speaker Announcements! (48:01) Airtable sells for a 90% discount: SaaSpocalypse? (1:05:56) Chinese AI labs are buying US training data to catch up Apply for Summit 2026: https://allin.com/events Follow Brad: https://x.com/altcap Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://x.com/the_ai_investor/status/2084687703707361429 https://x.com/Tesla/status/2085365278276284803
What sent the Dow to a new record high? And why did chip stocks stumble despite blockbuster earnings? Plus, who's behind SpaceX's most recent rally? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Bob Zimmerman highlights several developments in space, starting with the startup Catalyst's daring mission to rescue the decaying Swift space telescope. Despite thruster failures, engineers are attempting to use the remaining hardware to move the telescope's orbit. Zimmerman also discusses a Falcon 9 upper stage that impacted the moon, providing valuable spectroscopic data. Good news arrives from Voyager 2, which underwent a "big bang" power reconfiguration to extend its life to at least 2027. On Pluto, new analysis of Sputnik Planitia suggests the planet is geologically active, featuring melting nitrogen underneath its frozen surface. Regarding corporate updates, Blue Origin has identified an oxygen valve failure as the cause of a recent engine explosion, while SpaceX prepares for an orbital Starship flight this month. Finally, Zimmerman reviews the struggles of commercial spaceports in New Zealand and the UK. (5)
Jordi Visser is a veteran macro investor with 30+ years of experience and the author of the VisserLabs Substack. In this conversation, we break down why the last two weeks may be the most important stretch in bitcoin's history, the US-Japan yen intervention, and a weakening labor market. We also discuss the AI stock rebound, physical AI and Tesla's Terafab, Google's talent exodus, and how to value SpaceX.===================GalaxyOne is a financial technology platform built for people who want their cash working harder. Open an account with promo code POMP and deposit $10,000 to earn a $3,000 bonus. See site for promotion details → https://go.galaxy.app/HMiq/p57n69yy Galaxy Premium Yield is an investment note issued by Galaxy Digital LP and guaranteed by Galaxy Digital Holdings LP. It is not a bank deposit, is unsecured, and is not FDIC or SIPC insured. U.S. accredited investors only. Cash deposits held at Cross River Bank, Member FDIC. Securities products are not FDIC insured, not bank guaranteed, and may lose value. GalaxyOne Crypto is not FDIC or SIPC insured. Terms apply.===================Arch Public is an agentic trading platform that automates investment strategies across Stocks, Commodities, ETFs and Crypto. Whether you're rotating into AI & Gold, allocating to the S&P 500, or accumulating Bitcoin, Arch Public executes your plan 24/7 without ever taking custody of your assets or funds. Sign up today at https://www.archpublic.com, and start your FREE automated trading strategy! ===================0:00 - Intro0:54 - Why the last two weeks may be the most important in Bitcoin's history8:17 - What should the Fed do next?13:39 - AI stocks bounce hard: was that the bottom?21:40 - Physical AI: Hadrian, Tesla's Terafab & the compute race25:57 - How to position your portfolio for the compute boom33:26 - What frontier models get wrong (and why big companies move slow)38:40 - Google's talent exodus: is the stock at risk?41:23 - Does calendar seasonality still matter?42:43 - Valuing SpaceX: the compute business vs. the space hype44:42 - What's coming in Jordi's video this week
What sent the Dow to a new record high? And why did chip stocks stumble despite blockbuster earnings? Plus, who's behind SpaceX's most recent rally? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The Mates sit down with Emad Mostaque to discuss AI personhood and consciousness, OpenAI's Astra solving decade-old math problems, SpaceX's trillion-dollar ambitions, Elon Musk's Terrafab plans, and major leadership shifts across AI. Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360 Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader. Dave Blundin is the founder & GP of Link Ventures Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified Emad Mostaque is the founder of Intelligent Internet ( https://www.ii.inc ) Read Emad's latest papers exploring the future of society, law, personhood and governance: https://ii.inc/common-wealth Pre-order Emad's Book “The First Princple” - https://shorturl.at/L3Tug Read Emad's Book: https://thelasteconomy.com – My companies: Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding Get the blueprint for generative media https://goo.gle/startupgenmedia Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter Join the Moonshots Mates on Sep 25th for the inaugural Moonshots LIVE. The world's greatest entrepreneurs, builders and creators, working together to build a hopeful and optimistic vision of tomorrow. Seats are limited and application only. Apply at https://www.moonshots.com before seats are sold out. _ Connect with Peter: X Instagram Substack Website Xprize A360 Connect with Dave: Web X LinkedIn Instagram TikTok Connect with Salim: LinkedIn X Join Salim's 10X Shift Subscribe to Salim's YouTube channel Exponential Venture Capital Connect with Alex Website LinkedIn X Email Substack Spotify Threads Connect with Emad X Linkedin Learn about Intelligent Internet Read Emad's Book Listen to MOONSHOTS: Apple YouTube – *Recorded on August 7, 2026 *The views expressed by me and all guests are personal opinions and do not constitute Financial, Medical, or Legal advice. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week: SpaceX reports its first quarter as a public company, and Elon Musk says Starlink could deliver a majority of the world's internet within a decade, leveraging production facilities in Redmond. Musk also explains the company's data center ambitions, calling terrestrial infrastructure a trivial problem next to reusable rockets. Plus: we bring two Washington tech universe posters into the studio, 17 years apart. The 2009 original turns up gems including Boeing's unlikely connection to Classmates.com, a 1990s forerunner to Facebook. The 2009 poster also brings back memories of Teledesic, the Craig McCaw venture backed by Bill Gates that tried to beam internet from space decades before Starlink. Finally, the GeekWire Trivia Challenge returns, with a timely question about Google's origins. With GeekWire co-founders Todd Bishop and John Cook. Edited by Curt Milton. Related stories and links SpaceX's first earnings call as a public company SpaceX earnings: Elon Musk says Starlink could deliver most of the world's internet within a decade Elon Musk's Mars illusion — Dominic Gates on the gap between the Mars vision and the timeline Blue Origin's New Glenn rocket explodes on pad during test; Jeff Bezos vows to rebuild Blue Origin's rocket blowup hits NASA and Amazon Leo as well Mapping Washington's tech universe New map traces Washington state's tech 'universe' to a few key hubs, and shows what's at risk The Washington Tech Universe map from WTIA, and posters are available here Massive map shows how Seattle's tech ecosystem evolved over the last 30 years — the 2015 edition The original 2009 Puget Sound Tech Universe map. (Thanks to Ken Myer for digging this up!) GeekWire's Seattle engineering centers list GeekWire Trivia The startup idea that convinced a UW computer science legend to leave Google after 27 years What a longtime Google AI leader told UW computer science students at their graduation See omnystudio.com/listener for privacy information.
Google underwent a big AI shakeup this week, leaving a lot of people wondering whether there are big problems on team Gemini. David and Nilay start the show by discussing what's next for Jeff Dean and Demis Hassabis, before diving into the ways in which Google and Reddit have become existentially, problematically dependent on one another. After that, we talk through Disney's plan to turn Disney Plus into an everything app, and all the reasons we think that's a terrible idea and a sign of big problems in the streaming biz. Finally, in the lightning round, Brendan Carr is still a dummy, Snapchat wants AI out of your feed, and BMW has a Spider-Man to sell you. Further reading: The messy politics behind Google's big AI shakeup | The Verge Google just announced a major shakeup of its top AI leadership Google Assistant will disappear from your phone next month Can Reddit fend off a new wave of AI SEO spam? Reddit is introducing a new moderator: AI Reddit says it plans to “make changes” to old Reddit Bluesky CEO Toni Schneider wants to grow the platform and the protocol Disney says it's ‘exploring' adding a free tier to Disney Plus Disney gives TikTok creators official access to Marvel, Star Wars, and Pixar characters Despite Spider-Man: Brand New Day's success, the MCU is on shaky ground Disney Plus is about to go beyond streaming Paramount and WBD's antitrust trial is set for March 2027 David Ellison promises he's not going to ruin CNN. Almost half of HBO Max subscribers watch with ads. | The Verge Federal Communications Commission scraps limit on broadcast TV ownership SpaceX is barely Space and mostly X SpaceX is coming for T-Mobile, AT&T and Verizon BMW's in-car Spider-Man ad is villain behavior X product chief Nikita Bier is leaving after one year | The Verge Snapchat will no longer recommend ‘wholly AI-generated videos' in its vertical video feed Snap reports 971 million monthly active users ahead of its Specs launch event on September 16th Subscribe to The Verge for unlimited access to theverge.com, subscriber-exclusive newsletters, and our ad-free podcast feed. We love hearing from you! Email your questions and thoughts to vergecast@theverge.com or call us at 866-VERGE11. 0:00 Cold Open01:05 Google AI Shakeup Explained03:24 Gemini Product Mess05:29 Demis Hassabis and the AGI Split14:06 Is Google Actually Behind?15:29 AI Overviews Fail Parade18:12 Gemini Users and Distribution20:55 Google Plus Warning Signs24:14 Reddit as Search Lifeline27:35 AI Slop and Dead Internet29:32 Google Buys Reddit Theory33:51 Reddit Earnings Reality Check35:40 Smoking Community Vibes38:20 Disney Everything App44:25 Time Spent Arms Race47:39 Free Tier and Ads52:08 Paramount Warner Deal Drama01:00:23 Brendan Carr is a Dummy01:11:51 Nikita Bier Leaves X01:13:53 SpaceX Telecom Dreams01:20:15 Snapchat Versus AI Slop01:25:26 BMW In Car Ads01:31:19 Wrap And Subscribe Learn more about your ad choices. Visit podcastchoices.com/adchoices
#906: Bank of America is spending $250M a year on GLP-1 weight loss drugs for its employees. SpaceX's first post-IPO lockup expired Thursday after releasing 912 million restricted shares into the public market. A group of 20 undergraduate students at Indiana University's Kelley School of Business manages a $12 million private real estate investment fund, and AI creates its first synthetic virus. Submit your password guess! https://forms.gle/4EdBi3X8N4eMnBd56 Come to our August trivia! https://mbdtrivianight-august2026.splashthat.com/ Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Learn more about your ad choices. Visit megaphone.fm/adchoices
Is your shirt-folding technique good enough to train a robot how to do it? Could MySpace be creeping back into our browsers? We get into all this on today's “Marketplace Tech Bytes: Week in Review.”But first, the rocket ship/satellite internet/AI company SpaceX reported this week that it spent over $18 billion in capital expenditures in the second quarter. That's six times what it spent the same time last year. Most of that was on AI infrastructure. Marketplace's Stephanie Hughes spoke with Joanna Stern, founder of the media company New Things, to discuss all these topics.Everything we talked about:“Here's the mark a SpaceX rocket crash left on the moon” from CBC“SpaceX posts loss of $541 million in first report since record-setting IPO” from The Washington Post“Train robots and make money” from The New Things“Could Myspace be making a return” from CNN
Is your shirt-folding technique good enough to train a robot how to do it? Could MySpace be creeping back into our browsers? We get into all this on today's “Marketplace Tech Bytes: Week in Review.”But first, the rocket ship/satellite internet/AI company SpaceX reported this week that it spent over $18 billion in capital expenditures in the second quarter. That's six times what it spent the same time last year. Most of that was on AI infrastructure. Marketplace's Stephanie Hughes spoke with Joanna Stern, founder of the media company New Things, to discuss all these topics.Everything we talked about:“Here's the mark a SpaceX rocket crash left on the moon” from CBC“SpaceX posts loss of $541 million in first report since record-setting IPO” from The Washington Post“Train robots and make money” from The New Things“Could Myspace be making a return” from CNN
The AI trade might have found its canary in the coal mine. Leopold Aschenbrenner—a 25-year-old former OpenAI researcher built Situational Awareness into one of the hottest funds on Wall Street by betting long on the construction and infrastructure side of AI (Micron, CoreWeave) and short on the chips and software everyone else was chasing (Nvidia, Broadcom, Oracle). Then July happened, prime brokers made margin calls, and his entire public stock book got liquidated overnight in a single block trade. This episode uses that blowup as the lens for a much bigger story: how a three-quarters-of-a-trillion-dollar hyperscaler spending pledge is propping up U.S. GDP growth, why OpenAI just quietly cut prices as “tokenmaxxing” dies and Chinese labs undercut on cost, why Mark Zuckerberg picked a fight with OpenAI and Anthropic, how overleveraged Oracle has become, how the most profitable companies in the world are posting negative free cash flow, why hyperscaler bonds are going undersubscribed, and why the length of this year’s tech bond issuance is starting to crowd out the rest of the corporate debt market. It closes with the 2008 parallel: mortgage-backed securities stacked into CDOs stacked into synthetic swaps, and how today’s version runs through corporate bonds, CLOs, hedge fund leverage, and private credit—with Treasuries as the eventual exit ramp when the unwind accelerates. Resources Analysis Atlas: Hyperscaler AI Capex 2026: The $710 Billion Year Inside the Four Spenders J.P. Morgan Asset Management: How AI demand and capex shape investing in tech stocks New York Times: U.S. Economy Slows as Inflation Bites U.S. Bureau of Economic Analysis (BEA): GDP (Advance Estimate), 2nd Quarter 2026 CNBC: OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs Business Insider: The All-You-Can-Eat AI Era Is Over. It’s Time to Count Calories CNBC: Chinese AI models are gaining ground with U.S. companies as OpenAI, Anthropic costs surge The New York Times: Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I. CNBC: Meta’s flurry of AI initiatives this month hasn’t helped lift the stock. What will? The Hill: Zuckerberg knocks AI development centralization, control Buttondown: D.A.D.: Zuckerberg Blasts Anthropic and OpenAI for “Centralizing” AI Power Reuters: AI investment boom puts Big Tech’s free cash flow under pressure CNBC: Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won’t survive Yahoo! Finance: NVIDIA’s rising CDS the talk of Wall Street amid circular financing fears Bloomberg: Big Tech Debt Flood Is Taking Over Risk In Market: Credit Weekly CNBC: Fed meeting recap: Warsh says Fed won’t hesitate to stop inflation, but bond market has doubts CNN: AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say Yahoo! Finance: Hyperscalers Hit $700 Billion in 2026 AI Spending Plans - 24/7 Wall St. Global Finance Magazine: AI’s Financial Circle Game Reuters: Hyperscaler debt binge pushes yields up as investor demand cools UNFTR Resources Video: Situational Awareness: How a 25-Year-Old's Hedge Fund Exposed the Entire AI Bubble. Essay: The Great Unwind. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.
Stocks rising on an unexpected drop in July payrolls, with the Nasdaq pacing for its best week since late April and S&P 500 hitting a record high to close out the week. The traders break down the markets and momentum and if this rally can last into the coming months. Then, Mercado Libre CFO Martin de los Santos lays out the state of emerging market ecommerce and what he's seeing for the second half of the year. Plus, SpaceX pops and heads toward its IPO price, Airbnb soars after earnings, and the changing tastes of car buyers. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Coming up, a team of doctors successfully conducts surgery on a baby still inside the womb. How did they do it? Also, what does SpaceX's Falcon 9 rocket collision with the Moon mean for future space missions; how the bright lights and loud sounds of gambling machines promote higher risk-taking; and the deadly cyclosporiasis parasite that's causing bouts of explosive diarrhoea across the globe. Like this podcast? Please help us by supporting the Naked Scientists
Carl Quintanilla and Scott Wapner discussed a July jobs report surprise: Non-farm payrolls fell unexpectedly by 23,000. J.P. Morgan Asset Management's David Kelly and Trivariate Research's Adam Parker offered their perspectives on the markets. Hear what President Trump told Punchbowl News about Fed Chairman Warsh and rate moves ahead of the midterm elections. Carl and Scott delved into Palantir and other tech stocks that have had a red-hot week. The anchors also explored a slew of high-flying earnings winners — including one stock soaring 60%. Also in focus: SpaceX extends its post-lock-up rebound; OpenAI set to launch a new product; What top bank executives told CNBC about the meltdown of hedge fund Situational Awareness. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Landslides on Pluto and China's SpaceX-like Rocket Recovery SuccessDiscover the intriguing discovery of landslides on Pluto, explained through recent image analysis from the New Horizons spacecraft, and learn how these features provide clues about the dwarf planet's geological activity. Plus, explore China's recent achievement in rocket recovery, mimicking SpaceX's successful landing techniques with innovative net capture technology, signaling a significant step forward in space debris management and reusability.Fred Watson and Andrew Dunkley discuss recent scientific findings on landslides around Sputnik Planitia on PlutoHow climate change on Earth is increasing landslide activity, and how similar processes might be happening on other worldsThe significance of the 2015 flyby of Pluto by the New Horizons spacecraft and what it revealed about planetary geologyDetails of China's recent successful rocket booster recovery using a net and its potential impact on space launch economicsComparison between China's new net capture method and SpaceX's chopsticks system for booster recoveryThe rapid advancement of Chinese space capabilities, including lunar and space station missionsThe broader context of international space race dynamics and the race to return humans to the MoonUAP Study Group Led by Avi Loeb and the Search for Extraterrestrial PhenomenaGet an inside look at the White House-formed UAP science advisory council led by Harvard's Avi Loeb, emphasizing scientific rigor in studying unidentified anomalous phenomena. The discussion covers the composition of the council, the importance of unbiased research, and the challenges of interpreting mysterious aerial objects observed over the years.The formation and purpose of the UAP Science Advisory Council, chaired by Avi LoebThe diverse backgrounds of experts involved, including physicists, military personnel, computer scientists, and psychologistsHow modern technology and data are transforming the study of UAPs, with government and military reports analyzed over decadesThe debate over the nature of UAPs: natural phenomena, advanced human technology, or potential extraterrestrial originsThe cultural and political implications of gaps in understanding these phenomena and the importance of scientific methodologyReader comments reflecting skepticism and intrigue about the investigations and the sensationalism surrounding UAP researchBecome a supporter of this podcast: https://www.spreaker.com/podcast/space-nuts-astronomy-insights-cosmic-discoveries--2631155/support.
We've all seen the movies... the aliens come to Earth, the aliens overcome the inferior humans, and the aliens fall prey to something dumb they overlooked, like microbes, Windows 95, or most absurdly, water. From the 1950s through yesterday, some of the best movies we've seen were about the invasion of our planet. They can be clever, scary, or even downright dumb, but they are all fun. Veteran space writer Rich Edwards joins us to give advice on how to repel the invaders! Headlines: Department of Defense drops new batch of UFO/UAP files Blue Origin traces New Glenn rocket explosion to faulty oxygen valve SpaceX's first public earnings call reveals key financials and hints at Starship's future Total solar eclipse set to cross Europe; safety tips and gear recommendations Main Topic: How to Invade Earth in Sci-Fi—22 Dos and Don'ts with Rich Edwards The enduring appeal and adaptability of War of the Worlds Why alien invaders always go for major landmarks (and why it's all for show) Critique of aliens with impractical invasion strategies—water allergies and cocky attitudes Pop culture's obsession with alien disguises, conspiracy plots, and gradual infiltration Deep dive into Invasion of the Body Snatchers, Day of the Triffids, and the power of slow, stealthy takeovers Starting small: Alien invasions in isolated towns and subtle conquests The strategic use of time travel in alien invasion movies, with Star Trek: First Contact Why James Cameron's Aliens remains a sci-fi invasion classic decades later What makes a satisfying alien invasion ending—and the pitfalls of lazy resolutions Hosts: Rod Pyle and Tariq Malik Guest: Richard Edwards Download or subscribe to This Week in Space at https://twit.tv/shows/this-week-in-space. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsor: helixsleep.com/space
Story of the Week (DR):Uber's Strategy for Fighting Sexual Assault Suits: ‘What Were You Wearing?'An aggressive defense strategy is being used in response to an avalanche of litigation, with over 4,000 lawsuits filed by passengers accusing Uber of failing to protect them from sexual assaultWhile Uber publicly champions itself as a "survivor-centric" ally and trains support staff against victim-blaming, its defense lawyers ruthlessly contradict this to protect the $145 billion company.Uber's attorneys aggressively interrogate survivors about their clothing (e.g., asking if they wore underwear or heels), drug and alcohol consumption, and sexual history.The legal team weaponizes past trauma by scouring private medical records and therapy notes, even petitioning courts to force survivors to undergo psychiatric exams or reveal details of childhood abuse to paint them as "unreliable narrators".Legal experts warn these scorched-earth tactics are deliberately designed to re-traumatize victims, discouraging lawsuits and intimidating survivors into settling.Chief Legal Officer Tony West: “Why safety is personal to me”Cites his public service career to cover for ruthless corporate tactics, like drafting Prop 22 to strip driver protections.Frames survivor trauma as a flaw of the "adversarial legal system," deflecting from Uber's own attorneys using aggressive, victim-blaming tactics to minimize payouts.Uses a single favorable quote from one trial judge to dismiss widespread litigation abuse.Touts ending forced arbitration while continuing to block class-action lawsuits, trapping survivors in isolated 1-on-1 fights.Brags about transparent reporting despite Uber burying 400,000+ assault complaints (2017–2022) under labels like "unaudited."TikTok Withheld a Safety Feature From Millions. One Died by SuicideWhen TikTok tweaked its algorithm in 2021 to stop users from being overwhelmed with harmful content, the company didn't roll out the safer version to everyone, a confidential internal document shows.Instead, to see if the change might reduce the app's stickiness, the company conducted an experiment. It created a control group of 10% of US users — at the time, that would have been about 15 million people — who kept the old version of the app.This group, according to the document, included 16-year-old Chase Nasca. TikTok's algorithm pushed him thousands of videos about suicide, sadness, hopelessness and loneliness, right up until he killed himself.TikTok says moderator error delayed removal of Perez Hilton's livestream showing acts of self-harmGAO finds Elon Musk's DOGE inflated claims of $110 billion in savings for federal governmentThe GAO found that 96% of the savings DOGE claimed from grant cancellations lacked supporting evidence or methodology to verify.DOGE claimed $27.4 billion in savings across 2,503 contracts—including a $1.7 billion Pentagon IT deal—that were never actually terminated or reduced.Over 40% of the lease cancellations listed on DOGE's "Wall of Receipts" were already in progress before the agency was created.GAO uncovered widespread data errors, such as overstating total lease savings by nearly $60 million and failing to report baseline limitations.DOGE failed to disclose how it calculated its metrics and completely ignored GAO requests for interviews and supporting data.Where are Elon Musk's former DOGE staffers now?Edward “Big Balls” Coristine: a whistleblower alleged that Coristine planned to upload sensitive Social Security Administration data to an unsecured server. He also helped dismantle the U.S. Agency for International Development, or USAID.Coristine now appears to work at the National Design Studio, an office created to overhaul federal websites and other public-facing services, making them more usable, visually consistent and less expensive to build.Jeremy Lewin: helped oversee the dismantling of USAIDLewin later became the State Department's senior official for foreign assistance, humanitarian affairs and religious freedom, giving a former DOGE operative authority over the programs his old team had helped slash.He was subsequently reported to be moving to the White House National Security Council.Nate Cavanaugh and Justin FoxFounded a holding company called Special, which promises to do for private businesses what DOGE did for the federal government.“To achieve this, Special is building an operating system to transform critical American industries with AI. We call it SpecialOS.”Gavin Kliger, Luke Farritor, Marko Elez and Jack SteinFounded Cathedral, a startup that plans to use AI to expand U.S. military cyber capabilities, including defenses against adversaries such as China.Reuters reported that the company raised $160 million at a $1.4 billion valuation.Ethan Shaotran: helped move thousands of immigrants into the government's “Master Death File,” effectively deactivating their Social Security numbers.Founded Blitz Industries, which he described to Wired as “a defense company backed by big names.”Elon Musk: SpaceX Achieves Its First Moon Landing by Accidentally Crashing Into It at 5,400 Miles Per Hour, Causing Huge Explosion and 60-Foot CraterWhy companies that call themselves meritocracies don't always pay equally AND Meritocracy claims make managers pay men more than equally qualified women MMExplicitly branding an organization a "meritocracy" lowers managers' vigilance against bias, ironically making them more likely to discriminate.Given identical job titles and performance ratings, managers in self-proclaimed meritocracies systematically award higher bonuses and raises to men over equally qualified women.The meritocracy illusion compounds wage gaps across demographics, yielding lower financial rewards for women, racial minorities, and immigrants with identical output.Vague definitions of "merit" allow supervisors to act on personal favorability and affinity bias while genuinely believing their choices are purely objective.Trusting the "meritocracy" label creates false complacency, leading companies to eliminate or skip active pay-equity audits that would otherwise catch these disparities.Goodliest of the Week (MM/DR):DR: Google Scraps AI Satellite Images Within 24 Hours: Why 'Deepfakes in the Sky' Alarmed ResearchersThis happened after facing fierce backlash from journalists, researchers, and open-source intelligence experts who warned that it could accelerate the spread of misinformation.The feature allowed users to generate AI-created satellite images by zooming into any location in Google Earth and entering a text prompt.MM: Courts: MM DRCourt rules against Trump EPA's freeze of $20B in ‘green bank' fundsUBS fined record $125 million for money laundering violationsMeta fined $567m in largest child safety ruling against social media giantJudge says Nexstar can't appoint its executives to TEGNA's Board of DirectorsAssholiest of the Week (MM):Everything's a publicity stunt:Jealously Watching OpenAI and Anthropic, Meta Suddenly Claims That Its AI Went on a Hacking Spree TooZuckerberg conveys ‘apologies' for child sex abuse material, errors in operating the platform, government sources say‘Pure insanity'—Elon Musk details SpaceX's plan to turn the moon into its newest manufacturing siteAnthropic's Mythos created fake identities to fool humans in new cyber incidentGAO finds Elon Musk's DOGE inflated claims of $110 billion in savings for federal governmentEverything's a vanity projectJeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — ‘It's The Most Important Work I'm Doing'SpaceX Achieves Its First Moon Landing by Accidentally Crashing Into It at 5,400 Miles Per Hour, Causing Huge Explosion and 60-Foot CraterJudge Sets Paramount-Warner Bros. Merger Trial for MarchEveryone's a victimThe AI bros are lonelyPalantir CEO Alex Karp Says Frontier AI Labs Will Steal Your IP, Your Know-How, and Your Expertise — ‘You Deserve To Be Colonized'‘Socialism is a disaster': Bill Ackman says Zohran Mamdani's bad left-wing housing policy is worsening New York's affordability crisisNo one is accountable DRBobby Kotick, former CEO of Activision, may join Paramount's board of directorsJefferies analyst calls out ‘simple-minded' criticism of SpaceX's governanceABC, CBS, and NBC aired nearly 200 segments about three U.S. heat events without mentioning climate changeDisney (Iger, still), Ellison family, and Roberts family - one cowed exec, two dictators!Headliniest of the WeekDR: Pepsi is launching soda-scented body wash and scrub in a beauty collaborationPwC U.S. CEO [Paul Griggs] advises young workers to say yes a lot, even if it means working on the weekends—‘That person climbs into the next role'Top Consulting Group PwC Caught Using AI on “Thought Leadership” Report About AI, Resulting in Corporate Document Filled With Bizarre HallucinationsDoorDash CEO Tony Xu once thought his $87 billion company would only make $100 million. He tells founders to be ‘greedy' and dream biggerClass A = 1 vote; Class B = 20 votes; CEO Tony Xu personally owns roughly 3% of actual shares but controls 55% of voting power via a “binding agreement” with the other co-foundersMisleading proxy shows he got paid $432k (they cited a 12:1 pay ratio) but he actually made $343M from shares and stocksDoorDash excludes Dashers from SEC disclosures by classifying them as 1099 independent contractors.Factoring drivers into the worker pool expands the headcount from 20,000 to over 7 million, moving the median worker from corporate offices directly onto the delivery platform.Dasher: while gross pay averages ~$15–$22/hour, net driver earnings sink further after deducting out-of-pocket expenses like fuel, vehicle wear, and self-employment taxes, pulling true net median compensation closer to $400–$900 annuallyAnthropic CEO reportedly worried new hires only care about money: reportedly expressed concern about new talent coming to the company for the money rather than the missionMM: Stripe CEO says his ‘urgency' to drop out of MIT ‘was a bit unnecessary'Who Won the Week?DR: Harvard Business School graduates TikTok CEO Shou Zi Chew and TikTok US CEO Adam Presser, because nobody ever talks about you or knows who you areMM: Meat. After seeing Salad and Go files for Chapter 11 bankruptcy after cyclospora fears worsened its challenges, you can't help but wonder if RFK Jr orchestrated a parasite to get people to buy more meat.PredictionsDR: Tony Xu introduces Class F stock where shareholders' children enter indentured servitude and must deliver 1000 Cheesy Gordita Crunches from Taco Bell before they are set free ; they will then get 0.0002 shares per voteMM: Boards are calling retired CEOs back as succession pipelines run dry: Boards run out of ex-CEOs to re-king and begin looking for different, egalitarian, integrated professionals to fill new roles. They call it DEI.
Andrew, Ben, and Tom discuss Atlassian soaring 30% after declaring "AI is the best thing that's ever happened" to the company with credit consumption doubling quarter-over-quarter, the ECB reportedly blindsided after Treasury sold euros rather than dollars in last week's yen intervention with senior officials calling it an unprecedented breach of monetary cooperation conventions, Microchip Technology rising 9% on accelerating data center demand and a long multi-year upcycle across aerospace, defense, industrial, and automotive, Natera jumping 15% on accelerated MRD testing, Elon Musk's new $16.8 billion Terafab chip facility in Texas backed by SpaceX and Tesla, SK Hynix's $38 billion capacity expansion to ease the memory shortage, reports that Nvidia is testing lower-memory versions of its next-gen Rubin Ultra GPU, upcoming changes to the PCE calculation expected to lower reported inflation by up to 30bps, today's jobs report, and new US intelligence suggesting Putin could test NATO's resolve with a limited incursion.Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure
P.M. Edition for Aug. 6. Meta said today one of its AI models hacked a third-party service during cybersecurity testing. WSJ tech reporter Sam Schechner discusses why these incidents are becoming more common. Plus, billionaire Dan Gilbert has already revived Detroit's downtown. Now he's set his sights on a $1.6 billion project that would transform the city's waterfront—but, as Journal real estate reporter Nicholas Miller explains, it's a gamble for him, and for the city. And SpaceX investors brace for more volatility after $100 billion of the company's shares were unlocked today. We hear from markets reporter David Uberti about what investors should expect. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
A.M. Edition for Aug. 6. In a departure from recent precedent, President Trump has called Kevin Warsh repeatedly since he was appointed as Fed chairman, including to seek counsel on how AI and the Iran war are affecting the economy. Plus, airlines are pushing back against federal authorities intensifying immigration enforcement at U.S. airports, including near gates and ticket counters. And the Senate confirms Dr. Erica Schwartz as director of the Centers for Disease Control and Prevention, after a bipartisan grilling on how she would navigate vaccine policy under Robert F. Kennedy Jr. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
SCHEDULE THE JOHN BATCHELOR SHOW, 8-5-2026.Michael Bernstam discusses how August is historically a "month of curses" for Russia, citing the 1991 coup and the 1914 start of WWI. Currently, Russia is facing a severe fiscal and production crisis driven by Ukrainian drone strikes that have crippled 25% of its oil refining capacity. Additionally, Ukrainian drones recently destroyed a massive Wildberrieswarehouse—Russia's equivalent to Amazon—stripping a million vendors of their livelihoods and stressing the banking sector. Meanwhile, Saudi Arabia is in fiscal trouble due to its $1.5 trillion "The Line" project and Houthi attacks on its pipelines. This pressure is leading the Saudis to urge the Trump administration toward concessions with Iran to reopen the Strait of Hormuz and stabilize oil flows. Bernstam notes that while the EU has frozen the Russian oil price cap at $44.10, the real impact on Russian revenues will come from any reduction in world oil prices. (1)Bob Zimmerman highlights the rapid evolution of the commercial space industry, comparing it to the early 20th-century auto boom. A major milestone includes SpaceX successfully retrieving a Starship stage from the Indian Ocean to analyze its thermal protection tiles. Zimmerman notes that the FAA is proposing to exempt spaceports from 13 environmental laws to curb "mission creep" and "lawfare." In the satellite market, Starlink's dominance has forced competitors like Hughes into bankruptcy. Internationally, Zimmerman criticizes the European Union Space Act as a regulatory disaster that could drive U.S. and Chinese businesses away from the EU market. Other notable developments include Spain's $1 billion offer to move the Thirty Meter Telescope to the Canary Islands and new evidence that near-surface ice is ubiquitous on Mars, simplifying future colonization. He also mentions the mapping of 200,000 supermassive black holes. (2)James Holmes and Gordon Chang address the critical lack of frigates in the U.S. Navy, which Holmes describes as essential low-cost platforms for monitoring adversaries. The current fleet is "top-heavy," relying on Arleigh Burke-class destroyers that are overworked. Holmes explains that the new Constellation-class frigate program has been delayed because the Navy continues to "monkey with the designs," resulting in vessels that are destroyer-sized but under-armed. Meanwhile, China and Russia have conducted joint naval exercises since 2005 to improve interoperability and provide military options in the South China Sea and Taiwan Strait. Holmes suggests the U.S. should consider leveraging the superior shipbuilding capacity of allies like South Korea, which claims it could produce five Arleigh Burkes annually, whereas the U.S. struggles to build two. The focus remains on regaining the ability to build plentiful, cost-effective combatants. (3)Piero Tozzi and Gordon Chang explore the Chinese Communist Party's (CCP) "long arm" influence in the U.S., specifically regarding a Purdue University professor pressured to cancel a speech at a Catholic conference. Tozzi explains that the CCP uses "patriotic churches" to "sinicize" Catholicism, which involves forcing the religion to conform to Party dictates. Tozzi criticizes the Vatican's "accommodationist approach" under the 2018 Sino-Vatican Accord, noting it neglects the persecuted "underground" church. He highlights that figures like Cardinal Zen and Archbishop Cordileone have been vocal defenders of figures like Jimmy Lai. Tozzi argues that the Catholic hierarchy must understand the totalitarian nature of the CCP, which seeks absolute control over all institutions. The discussion emphasizes that Chinese officials use intimidation to project dominance even within American universities and religious organizations. (4)Steve Yates and Gordon Chang discuss the proposed ban on Chinese components in U.S. data centers, warning that these devices allow for foreign sabotage of critical infrastructure. Yates notes that the CCP often fuels "astroturf" protests in rural America to block data center construction and slow U.S. AI development. Regarding Taiwan, Yates reports that security cooperation is becoming more transparent, moving away from "strategic ambiguity" to reassure allies and deter China. However, he notes a delay in a $14 billion arms package for Taiwan, suggesting that some in Washington still prioritize "walking on eggshells" to preserve the relationship with Xi Jinping. Yates argues for a shift toward helping partners buy and use their own deterrent capabilities. He concludes that U.S. leadership in compute power is a vital strategic advantage that China is actively trying to undermine through influence operations. (5)Peter Huessy provides a historical overview of nuclear arms control, starting with the 1972 SALT I agreement, which actually codified a buildup of weapons while banning missile defenses. He describes the "window of vulnerability" in the 1980s when Soviet SS-18 missiles threatened a first strike. The START I and START II treaties in the 1990s achieved the first real reductions, with START II aiming to ban destabilizing multiple-warhead (MIRV) land-based missiles. However, START II unraveled when Russia demanded limits on U.S. missile defenses. Following the Moscow Treatyand the 2010 New START, the arms control regime has effectively collapsed. Huessy emphasizes that today, there is no active treaty governing nuclear weapons between the U.S. and Russia. He underscores the importance of past verification measures, like "portal monitoring" in missile factories, which are no longer in place. (6)Humberto Briceño describes Venezuela as a state captured by a transnational alliance of criminal organizations, including colectivos (paramilitaries) and narco-traffickers. He criticizes the decision to leave "gangsters" like Delcy Rodríguez in power while attempting to rebuild democracy. Briceño argues that the judiciary and military must be entirely replaced, as they currently serve only as agents of the regime. Despite $13 billion in recent oil earnings, massive corruption has left the funds unaccounted for. He maintains that free elections, ideally by March 2027, are impossible without first dismantling the criminal infrastructure and placing the military under civil authority. Briceño praises the leadership of María Corina Machado and Edmundo González, noting the Venezuelan people are desperate for transformation after three decades of state-sponsored violence and economic collapse. (7)Simon Constable reports on the extreme weather and energy pressures facing Europe, with Brent crude prices up 12% and natural gas up 22% in a single month. He details a "semi-invasion" of Spain, where 60,000 migrants recently attempted to cross from Morocco, and the controversy in the UK over using the Royal Navy to return migrant boats to France. Constable describes the lack of logic in French police allowing these dangerous rubber rafts to depart. Switching to his "data center quiz," he reveals that 67% of new data centers are planned for rural areas, which often brings both high local resistance and significant tax revenue. He identifies labor shortages—particularly for electricians—and tariff uncertainties as the primary barriers to U.S. data center construction. Constable notes that within five miles of an operational data center, a significant portion of the U.S. population now resides. (8)Mary Kissel analyzes the "stuck" state of global diplomacy, arguing that China and Russia are actively judging the strength of U.S. deterrence in the Strait of Hormuz and Ukraine. She disputes the idea that China is a neutral bystander, noting that Beijing benefits from Russian energy, Iranian markets, and the depletion of U.S. military assets like Patriotmissiles. Kissel asserts that the "merging" of the wars in Ukraine and Iran actually happened years ago through long-standing regime cooperation. She warns that a "halfway house" deal with Iran would only grant the regime more leverage and threaten European population centers with ballistic missiles. NATO must recognize a "condominium of countries"—China, Russia, Iran, and North Korea—that are aligning against Western security. Kissel emphasizes that these regimes' interference in U.S. domestic politics is a strategic tool used to promote their own ends. (9)Colonel Grant Newsham challenges the assumption of inevitable Chinese dominance, labeling it a "fake it till you make it" strategy intended to intimidate foreigners. He points out that China's property market is a "crater" and its currency is not freely convertible, forcing the CCP to aggressively export overcapacity to earn the dollars needed for raw materials. Newsham highlights that over 600 million Chinese citizens live on less than $5 a day, and even the CCP elite, including Xi Jinping, keep wealth overseas as a hedge against the system's future. He argues that China's high-tech focus on AI and robotics does not solve its massive youth unemployment. Newsham concludes that China is a "big power but not a great one," functioning as a "rigged casino" without property rights or the rule of law, which is increasingly deterring foreign direct investment. (10)
Bob Zimmerman highlights the rapid evolution of the commercial space industry, comparing it to the early 20th-century auto boom. A major milestone includes SpaceX successfully retrieving a Starship stage from the Indian Ocean to analyze its thermal protection tiles. Zimmerman notes that the FAA is proposing to exempt spaceports from 13 environmental laws to curb "mission creep" and "lawfare." In the satellite market, Starlink's dominance has forced competitors like Hughes into bankruptcy. Internationally, Zimmerman criticizes the European Union Space Act as a regulatory disaster that could drive U.S. and Chinese businesses away from the EU market. Other notable developments include Spain's $1 billion offer to move the Thirty Meter Telescope to the Canary Islands and new evidence that near-surface ice is ubiquitous on Mars, simplifying future colonization. He also mentions the mapping of 200,000 supermassive black holes. (2)
Plus: Redwire taps SpaceX's Starfall ship for pharma mission. And Datadog warns of lower usage by major AI customer. Imani Moise hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Rates on the rise as investors question Warsh's interest rate strategy. The traders break down what to expect from the next Fed meeting and what rising rates means for the economy. Then, oil prices dipping this week as investors anticipate a potential Strait of Hormuz deal. RBC Capital Markets Managing Director Helima Croft lays out the likelihood of an official peace deal and what the Trump administration could do next. Plus, Soundhound AI CEO Keyvan Mohajer on the future of the AI trade, SpaceX's insider shares unlock, and after hours earnings from Airbnb and Lyft. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
SpaceX's 1st ever earnings report… Starlink for all, rockets crashing into moons, and AI frenemies.Steve Madden's shoe sales are at all-time-highs… because only sandals are seasonal.Koreans are taking a vow of stock market celibacy… because 1.2 million got margin called.Plus, how big is protein demand?... Startups are now pulling it out of thin air (literally).$SHOO $SPCX $OLAHGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.
Scientists believe the upper section of a SpaceX rocket has crashed into the surface of the Moon at seven times the speed of sound. Also: police in Mexico are investigating why a social media influencer was shot dead during a live stream. The World Food Programme warns that the current El Niño weather phenomenon could leave nearly 50 million more people at risk of severe hunger. We hear from the 23 year old Moroccan man who crossed into the Spanish territory of Ceuta last week. Women cyclists using padded bras to get ahead in the Tour de France. And new research finds people prefer stories written by AI.The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment.Get in touch: globalpodcast@bbc.co.ukPhoto: The SpaceX Falcon 9 rocket lifts off carrying two moon landers from the Kennedy Space Centre Credit: Reuters
In this edition of Arsene Trendger, Miles and special guest co-host superproducer Justin Connor discuss Space X progressing from crashing on Earth to crashing on the Moon, military GPS jammers crashing real planes, the Michigan primary results, EA Games getting captured by Trump and the Saudis and much more!See omnystudio.com/listener for privacy information.
President Trump publicly criticized U.S. Attorney Jeanine Pirro for dropping vandalism charges tied to the Lincoln Memorial reflecting pool renovation. The Washington Post's Dan Diamond explains what went wrong. Authorities in Spokane, Washington charged a suspect with arson in one of three wildfires that have forced more than 60,000 evacuations and destroyed hundreds of homes. MyNorthwest reports federal help is on the way to aid fire victims. Millions of Americans have lost SNAP benefits since new eligibility rules took effect last year. NPR reports bigger cuts to the food-assistance program are coming this fall. Plus, a man was arrested with ammunition at President Trump’s LA golf course, embattled GOP Rep. Max Miller requested a house investigation into himself, and a discarded piece of a SpaceX rocket crashes into the moon. Today’s episode was hosted by Gideon Resnick.
A man has been arrested in connection to arson and the Spokane wildfire, Todd Blanche clears the senate judiciary committee, and a SpaceX rocket is about to crash into the moon! Get the facts first with Evening Wire. We're filming an All Access Live soon, and want YOU to send us funny clips from the internet at morningwire@dailywire.com. Send us the best clips you have for a chance to see John and Georgia react to them live! - - - Ep. 3021 - - - Today's Sponsor: Lean - Get 20% off when you enter code WIRE at https://TakeLean.com - - - Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 - - - Privacy Policy: https://www.dailywire.com/privacy morning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices