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1. Celebration of Elon Musk & Capitalism The speakers frame Musk’s success as: Proof of free-market capitalism working effectively A result of innovation, entrepreneurship, and risk-taking They highlight: SpaceX technological achievements (reusable rockets, Starlink) Tesla’s role in electric vehicles Wealth generation not only for Musk but also: Employees Early investors Workers (e.g., welders, janitors becoming millionaires) 2. Criticism of the Political Left Elizabeth Warren Bernie Sanders Progressive politicians and media figures The critiques include: Accusations of envy and resentment toward wealth Claims that leftists: Want to tax or confiscate wealth Oppose individual success Promote government control over markets 3. Defense of Wealth Inequality Large fortunes (like Musk’s) are justified because they: Result from voluntary market transactions Deliver useful products and services Billionaires are portrayed as: Benefiting society through innovation Creating jobs and economic growth 4. Innovation & Technological Progress The document highlights Musk’s projects as transformative: SpaceX → space exploration, Mars colonization vision Starlink → global internet access Tesla → electric vehicles Boring Company → infrastructure innovation 5. Political Warning / Prediction The speakers express concern that: If left-leaning politicians gain power, they may: Target Musk and his companies Increase regulation and taxation Use government agencies against private enterprise Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and The Ben Ferguson Show Podcast Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening YouTube: https://www.youtube.com/@VerdictwithTedCruz/ Facebook: https://www.facebook.com/verdictwithtedcruz X: https://x.com/tedcruz X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
Trump claims two major wins for the U.S., Belfast demonstrators shift focus away from the government toward new targets, and SpaceX sets IPO records and sparks controversy in Washington. Reporting by Tim Rice, Megan Basham, & Cabot Phillips. Get the facts first with Morning Wire.- - -Ep. 2841- - -Wake up with new Morning Wire merch: https://bit.ly/4lIubt3- - -Today's Sponsors:Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848. What starts in women's sports spreads to schools, medicine, and parental rights. This is our moment to push back. Stand with Alliance Defending Freedom today.Dose Daily - New customers can save 35% on your first month of subscription by going to https://dosedaily.co/WIRE or entering WIRE at checkout.- - -Privacy Policy: https://www.dailywire.com/privacymorning 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
The Pour Over is a Christ-first, politically neutral news podcast. Every Monday, Wednesday, and Friday, we cover the day's biggest stories in ~10 minutes, and pair the biggest headlines with brief biblical reminders. Looking to support us? You can choose to pay here. Get the free newsletter at thepourover.org. On today's episode: US-Iran Deal SpaceX Makes Historic Stock Market Debut Knicks Win First NBA Championship in 53 Years Switzerland Knocks Down Vote to Cap Population U.S. Reportedly Kills Venezuelan Gang Leader DOJ Approves Paramount's Warner Bros. Acquisition Solar Energy Outpaces Coal for the First Time Taylor Swift Inducted Into Songwriters Hall of Fame Thanks to our sponsors: Cru: Give Bibles all over the world | text POUR to 71326 Wild Alaskan: $35 off your first box | code: TPO Quince: Free shipping | quince.com/tpo Qualia Life: additional 15% off your order | code: TPO CCCU: Apply for the Harvest Bundle | mycccu.com/pourover Upside: extra 25 cents back for every gallon on your first tank of gas | code: TPO LMNT: free 8-pack with purchase | https://links.thepourover.org/LMNT_Podcast The Missing Messiah: Learn more | missingmessiah.com Compelled Podcast: Listen now | CompelledPodcast.com Mosh: 25% off first variety pack + 20% off subscription | code: TPO25 MORE FROM TPO: Free newsletter Watch TPO on YouTube Download the TPO App Unless otherwise noted, all scripture references are from the Christian Standard Bible (CSB) translation.
#867: The war in Iran could be winding down as both countries announce a framework of a peace deal. President Trump celebrates his 80th birthday and commemorates America's 250th birthday with a UFC cage-fight on the South Lawn of the White House. The White House slaps Anthropic with export controls over its latest AI model citing national security concerns. SpaceX's historic IPO goes as well as it could, making Elon Musk the world's first trillionaire. The New York Knicks end their 53-year drought by defeating the San Antonio Spurs to become the NBA's 2026 champions. Finally, what you need to know in the week ahead. To learn more visit https://www.servicenow.com 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 Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
On this week's episode: Space X's IPO is a POS ... We'll explain to Eli why you can't bet against Kalshi's continued existence on Kalshi ... And Knicks fans like Heath can finally die happy.To support our show on Patreon, go here:patreon.com/skepticratTo hear more from Evil Giraffes on Mars, go here:facebook.com/EvilGiraffesOnMarsGet great deals while supporting the show by checking out our sponsors:quince.com/skepticratmintmobile.com/skepticratauraframes.com (code: SKEPTICRAT)groundnews.com/skepticratHeadline Sources: SpaceX IPO is full of shenanigans: https://www.nytimes.com/2026/06/10/business/spacex-ipo-what-to-know.htmlhttps://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-muskNo injuries, no props - CFTC proposes prediction market rules: https://www.espn.com/espn/betting/story/_/id/49019930/cftc-proposes-rules-limiting-prediction-markets-kalshi-sportshttps://www.theverge.com/business/948083/kalshi-prediction-markets-insider-tradingPentagon releases third tranche of UFO files, revealing more nothing: https://www.cbsnews.com/news/ufo-files-pentagon-3rd-release-documents-videos/Videos: https://www.youtube.com/watch?v=WpT4K5ZElXECIA officer found with $40 million in gold bars and his entire life story was a lie: https://www.nbcnews.com/politics/national-security/arrest-303-gold-bars-cia-officer-spun-tale-was-top-gun-fighter-pilot-rcna349037https://www.nytimes.com/2026/06/10/us/politics/pentagon-cia-officer-gold-bars.htmlBathroom break during French Open match:https://apnews.com/article/arthur-gea-bathroom-break-french-open-3c031bafb4dd161fb074ccadb091e6d1Bryce Harper toothpaste insanity: https://apnews.com/article/bryce-harper-phillies-toothpaste-toothbrush-63653a5054c0acd4c2db43da48d75590Trump ruins the Knicks 13-game playoff win streak but then hopefully it's happy or something: https://www.cnbc.com/2026/06/08/trump-booed-knicks-spurs-madison-square-garden.htmlPete Hegseth's fitness calamities continue to be impossibly funny: https://www.reddit.com/r/SipsTea/comments/1u3b1b4/hegseth_struggling_to_put_up_weight_at_guantanamo/
The Group Chat crew breaks down the biggest SpaceX IPO on Wall Street, the AI shutdown scare gripping the tech world, and the World Cup mania taking over America. Business news, markets, and culture from one of the longest-running business podcasts. This week on Group Chat News: SpaceX goes public at a $2.1 trillion valuation: We break down the IPO frenzy, the OG Starbase investors, and Elon's path to $1 trillion by 2030 The El Segundo wealth boom: how space money is about to reshape the South Bay World Cup mania hits America, Team USA run, and the electric atmosphere in LA A Middle East peace deal looks imminent: what it means for summer gas prices and inflation The Stanford walkout: graduates, free speech, and real-world consequences in tech and finance The Knicks' historic win, Wembanyama, and how you're supposed to carry a loss The Fable 5 AI shutdown scare, government involvement, and Satya Nadella's warning to the industry Should the US government invest in AI companies? The guys debate the trillion dollar question Group Chat News covers business, markets, tech, sports, and culture every week. If you like All-In, My First Million, and business news that actually keeps up with the week, follow and subscribe. ⭐ Enjoying the show? Leave us a rating, it helps more than you'd think. Hosted by Dee Murthy, Anand Murthy, and Chris "Drama" Pfaff
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Monday Headline Brief of The Wright Report, Bryan breaks down the new US-Iran peace memorandum, a deal that reopens the Strait of Hormuz under Iranian and Omani oversight while extending the current ceasefire by 60 days. He digs into the billions in protection payments Arab nations are reportedly sending to Tehran, how Russia has helped Iran rebuild its missile stockpile after the war, and why Trump is furious with Netanyahu over new strikes on Hezbollah just as this fragile deal comes together. Bryan also covers the growing US weapons shortage and how China's grip on rare earth minerals is complicating America's ability to rearm. Plus, conservative wins take shape in Peru and Colombia, Cuba makes a surprising pivot away from communist economic policy, the Tren de Aragua gang leader is killed in a US strike, new details emerge on ballot harvesting in Los Angeles, Elon Musk becomes the world's first trillionaire and Democrats react, Pennsylvania steelworkers get a major boost, diesel mechanics receive pardons, and a new study links low vitamin C to brain health in older adults. "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: Wright Report, Bryan Dean Wright, Iran peace deal, Strait of Hormuz, Trump Iran memorandum, Netanyahu, Hezbollah, IRGC, Israel Iran ceasefire, Peru election Keiko Fujimori, Colombia Gustavo Petro, Cuba economic reform, Venezuela Tren de Aragua, China rare earth minerals, Elon Musk trillionaire, SpaceX, US Steel Pennsylvania, diesel mechanic pardons, Los Angeles ballot harvesting, Karen Bass, vitamin C brain health
Headlines: – Welcome to Mo News (02:00) – Trump and Iran Announce Peace Deal; Negotiations To Follow (05:15) – Elon Musk Becomes World's First Trillionaire As SpaceX IPO Launches (14:45) – Knicks End 53-Year Title Drought Winning NBA Championship In San Antonio (24:30) – Team USA Wins World Cup Opener (28:10) – UFC Comes to the White House (34:00) – Trump's Name Removed From Kennedy Center After Court Ruling (35:20) – White House Vs. Anthropic: Anthropic Disables New AI Models After Government Order (38:00) – Parents Are Going Broke Buying… Berries, Yes, Berries (41:00) – On This Day In History (47:00) Thanks To Our Sponsors: – Monarch - 50% off your first year | Code: MONEWS – Factor - 50% off your first box | Code: monews50off – Industrious - Coworking office. 50% off day pass | Code: MONEWS50 – LMNT | Free Sample Pack with any LMNT drink mix or 12oz cans purchase – Boll & Branch – 15% off first order, plus free shipping | Code: MONEWS
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Iran deal, Niño Guerrero, New York Knicks riots, Elon Musk, and Freddie from Germany headline today's A.M. Update. Trump posts on Truth Social that a deal with Iran is complete and the Strait of Hormuz is open, but Aaron recorded much of this episode before that post dropped — and his pre-deal analysis still stands, because nobody has seen the text, the Middle East is calling it a capitulation, and Aaron says pump the brakes either way. Tren de Aragua leader Héctor Rusthenford Guerrero Flores, known as Niño Guerrero, is killed in a U.S. military strike that Trump announced Friday with video. New York Knicks fans torch five school buses, injure ten NYPD officers, and shoot one person celebrating the NBA championship, and Aaron notes that PSG fans set the bar and New York said hold my degeneracy. Elon Musk becomes the world's first trillionaire after SpaceX's $75 billion IPO, AOC calls him unintelligent, Ro Khanna wants a 5% wealth tax that Aaron's math shows wouldn't cover half of one year of bachelor's degree tuition. Aaron closes with Aaronalysis on Freddie from Germany, the X account that went from thousands to half a million followers by driving through the American South for the World Cup and being blown away by Buc-ee's, Bass Pro Shops, stranger hospitality, and the Gulf Coast at sunset.
The drama around Anthropic's Fable 5 model clogged our collective attention spans.
The recent SpaceX IPO created 4,400 new millionaires. However, the most powerful wealth lessons do not come from the executives. They come from employees like Juan, a welder who prioritized company equity over comfort and consistently accumulated shares through near-bankruptcies and public doubt.In this episode, we break down five critical wealth-building principles derived from the SpaceX launch. We explore why betting on the operator matters more than the product, the compound effect of patience, and how everyday investors can apply these strategies to their own real estate, stock, and crypto portfolios.Key Topics DiscussedThe 2.1 trillion dollar valuation of the SpaceX IPOHow employee stock options created 4,400 new millionairesPrioritizing long-term equity over short-term salary comfortBetting on visionary operators like Elon Musk during difficult timesThe compound effect of consistent, boring investment activitiesPost-IPO stock price pullbacks and finding optimal entry pointsGenerating passive income through the Imagos Income FundKey TakeawaysTake equity over comfort whenever possible. Choosing ownership over a marginally larger paycheck is often the most significant financial decision an investor can make.Bet on the operator, not just the product. A visionary leader with a relentless track record of execution provides an asymmetric risk advantage, even when the underlying product faces massive hurdles.Consistency beats market timing. Accumulating assets through regular, disciplined investments often outperforms the risky strategy of trying to perfectly buy the dip.You do not need to be the founder to build incredible wealth. Strategic supporting roles within the right company or team can generate life-changing financial returns.Patience is the most aggressive wealth strategy. Holding assets through market volatility and near-failures is required to fully harness the power of the compound effect.Connect & Take Action:Wealth Intelligence Brief: Text "WIB" to 844-447-1555 to get Matty's free macro data, real estate intel, and crypto signals delivered to your inbox 3 times a week.Imagos Income Fund: Text "INCOME" or "DEALS" to 844-447-1555 to learn more about Matty A's private debt fund targeting 10% fixed returns paid out monthly.
In part two of Red Eye Radio with Gary McNamara and Eric Harley, Elon Musk has become the first person to cross the trillionaire threshold, at least on paper, after SpaceX priced its blockbuster initial public offering at $135 a share and its stock soared in its stock market debut. At its closing price of $160.95 on Friday, Musk's net worth reached roughly $1.14 trillion. Also the Kevin Warsh era begins at the Federal Reserve / lawmakers scramble to form a bi-partisan commission to restructure Social Security benefits beyond 2032. For more talk on the issues that matter to you, listen on radio stations across America Monday-Friday 12am-5am CT (1am-6am ET and 10pm-3am PT), download the RED EYE RADIO SHOW app, asking your smart speaker, or listening at RedEyeRadioShow.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the SpaceX IPO and what retirement-age investors need to think about before making any decision with their savings. SpaceX began trading on June 12, 2026, at a $1.75 trillion valuation, the largest IPO in stock market history, and the questions from clients started pouring in almost immediately. Rather than telling you whether SpaceX is a good or bad investment, Radon and Murs walk through a clear, honest framework for making sure whatever you decide is driven by your retirement plan and not the noise of the moment.Listen in to learn about the real data behind how major IPOs have historically performed in their first year of trading, why your 401(k) or IRA may already be buying SpaceX without any action on your part, and the three questions every retiree should answer before putting retirement savings into any newly public company. Whether SpaceX is on your radar or you are simply trying to build better habits around big investment decisions, this episode gives you the tools to think clearly when the headlines get loud.In this episode, find out:What SpaceX actually is as a business, which of its three divisions is profitable today, and why the $1.75 trillion valuation is priced on the future rather than current earningsWhat the last 30 major IPOs over the past 15 years reveal about first-year performance, including an average maximum drawdown of 50% to 55% and why it happens around the six-month markWhy index rule changes mean millions of Americans may already be picking up SpaceX exposure through their existing 401(k) and IRA index fundsThe critical difference between making a trade and making a long-term investment, and why that distinction should shape the entire decision for anyone nearing or already in retirementThree questions to ask before buying any IPO, starting with the one that eliminates most bad decisions before they happenTweetable Quotes:"You can believe in a company and still decide that buying it at IPO price in week one isn't where your retirement money belongs." - Radon Stancil"Waiting twelve months to buy a stock you plan to hold for fifteen years is not missing out. It is just a longer on-ramp, and it might come with a significantly better price." - Murs TariqResources: If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
The leaders of the US and Iran will sign an agreement on Friday to reopen the Strait of Hormuz, and the annual G7 summit kicks off today. SpaceX's blockbuster IPO tells us a lot about Wall Street's appetite for tech listings, and the New York Knicks won the NBA championship for the first time since 1973. Mentioned in this podcast:Trump says Iran and US agree deal to open Strait of Hormuz and extend ceasefireEmmanuel Macron and Donald Trump test their bruised bromance at G7 summitWall Street digests record fundraising haul as AI race intensifiesSpaceX's surge on debut makes Elon Musk world's first trillionaireNew York Knicks' winning streak should rub off on its owner tooRegister for FT Weekend Festival hereWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Alex Higgins and Kelly Garry. Additional help from Peter Barber, Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT's global head of audio. The show's theme music is by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Aravind Srinivas is the Founder and CEO of Perplexity, one of the fastest-growing AI companies in the world. Since the start of the year, Perplexity has tripled revenue to well over $500M in ARR. Aravind has raised over $1BN for the company with reported valuations reaching $20BN. AGENDA: 05:40 – "Perplexity Changed Google More Than Any PM Ever Has" 10:15 – Why Search Is Not the Future of AI 13:05 – The Most Important Insight in AI: The Model Is NOT The Product 16:10 – Why AI Agents Will Become Bigger Than Google Search 22:00 – AI Will Design Chips, Discover Drugs & Cure Diseases 24:15 – The Secret to Building a 24/7 AI Agent 32:40 – Aravind's Wild Prediction: Micron Could Become More Valuable Than Meta 41:00 – Why Power Will Be The Biggest Bottleneck In AI For The Next Decade 45:00 – Have U.S. Export Controls Accidentally Made China Stronger? 49:00 – Why Dario Amodei's AI Doom Narrative Is Wrong 55:20 – Why Token Budgets are Total BS and Useless 58:00 – When Agent Traffic Surpasses Human Traffic, What Happens To The Internet? 01:08:00 – SpaceX, OpenAI & Anthropic IPOs: Is There Enough Capital For All Three? 01:14:00 – What Elon Musk Is Really Like Behind Closed Doors
Today, a look at risk sentiment in full swing after a successful SpaceX IPO on Friday and a stronger sense that the Iran war ceasefire may last long enough for shipping lanes to fully open in the Hormuz Strait, at least for a time. But while speculative energy remains high in equities, the broader macro picture is subdued, with little FX and rates volatility even as the new Kevin Warsh Fed marks the biggest shift at the Fed in a generation. This and much more, including the BoJ up tonight, on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy Links John's The FX Trader piece from today, discussing the technical situation in EURUSD and previewing the seven G-10 central bank meetings this week. A 20-minute CNBC interview with SpaceX President and COO Gwynne Shotwell, where she talks a good game and even delivers the outlook for orbiting data centers with a straight face. FT discusses the many forced buyers of SpaceX as the company has been fast tracked to join many major stock indices, the members of which enjoy passive inflows. The Wall Street Journal with the basic, but important discussion of how Kevin Warsh is set to alter the Fed's communication strategy (an important first step, but as emphasized on the podcast - there are much bigger questions afoot down the line.) About twice per week (in normal times, hopefully soon to resume), you will find links discussed on the podcast and a chart-of-the-day over at the John J. Hardy substack. Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMER This content is marketing material. Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.
In this powerhouse episode of the Battleground America podcast, the hosts break down a massive wave of monumental headlines. First, we celebrate a historic milestone as a Reuters report confirms the United States has officially surpassed Saudi Arabia and Russia to become the world's number one oil exporter, reaching a record-breaking 10.5 million barrels per day. We look at how global shipping reroutes away from the Strait of Hormuz have hyper-charged our economy and sent the US dollar to a dominant 51.1% share of global transactions. Then, we dive into absolute outrage over the breaking election results from Los Angeles, exposing how progressive City Councilwoman Nithya Raman erased a massive lead to lock insurgent Republican Spencer Pratt out of the mayoral runoff. Finally, Senator Ron Johnson drops a massive COVID-19 bombshell on health data hidden by federal agencies, while the hosts contrast Elon Musk's historic wealth creation at SpaceX with the way the Left funnels taxpayer cash into corporate NGOs. Custom Labels Battleground America Podcast, US Oil Export Milestone, Energy Independence, Strait of Hormuz, LA Mayoral Primary, Spencer Pratt Campaign, Mail-In Ballot Controversy, Senator Ron Johnson, COVID Data Scandal, SpaceX IPO Millionaires
In this packed episode of the Battleground America podcast, the host targets the biggest stories shaping the nation. First, we dive into a striking new Harvard Harris poll showing that 71% of Democrat voters now back deporting criminal illegal immigrants, proving a major base revolt over border safety following the DHS shutdown backfired and handed a massive $70 billion enforcement victory to Republicans. Next, we break down the high-stakes political theater surrounding the SAVE Act after Mitch McConnell and a handful of Republicans blocked it, while exposing why a clean version of the election integrity bill still has a real fighting chance. We celebrate a historic financial milestone as Elon Musk reaches paper trillionaire status after listing SpaceX on the NYSE, creating thousands of working-class millionaires while completely outmaneuvering the Left's targeted legal onslaught. Finally, the host recounts a close call at Greenville's Haywood Mall, demanding a heavy crackdown on local crime and a surge in visible security after a terrifying shootout involving a 17-year-old suspect. Battleground America Podcast, Harvard Harris Poll, Voter Realignment, SAVE Act Senate Vote, Mitch McConnell Hospitalization, Elon Musk Trillionaire, SpaceX NYSE IPO, Haywood Mall Shooting, Greenville Crime Crackdown, Border Security Fundin
For the Good of the Public brings you news and weekly conversations at the intersection of faith and civic life. Monday through Thursday, The Morning Five starts your day off with scripture and prayer, as we also catch up on the news together. Throughout the year, we air limited series on Fridays to dive deeper into conversations with civic leaders, thinkers, and public servants reimagining public life for the good of the public. Today's host was Michael Wear. Thanks for listening to The Morning Five! Please subscribe to and rate The Morning Five on your favorite podcast platform. Learn more about the work of the Center for Christianity and Public Life at www.ccpubliclife.org. A message from our June sponsor, The Wonder Project: Subscriber support makes more great content like I Gotta Ask with Annie Downs possible. The Wonder Project subscription on Prime Video is available in the U.S. for $8.99/month or $89.99/year after a 7-day free trial.Visit IGottaAsk.com to learn more! Today's scripture: Psalm 108:1-6 (ESV) News sources: https://www.cbsnews.com/news/elon-musk-spacex-ipo-trillionaire-wealth/ https://apnews.com/article/mitch-mcconnell-hospital-health-senate-kentucky-bf3d75527d77002c430f4270afbfc0af https://www.politico.com/news/2026/06/14/big-tech-takes-a-drubbing-in-albany-00959462 https://www.wsj.com/world/middle-east/iran-threatens-to-pull-out-of-talks-after-israel-strikes-beiruts-outskirts-d0390e22?mod=hp_lead_pos1 https://www.washingtonpost.com/national-security/2026/03/27/iran-war-civilian-deaths/ https://www.cnn.com/2026/05/25/us/us-military-deaths-iran-war Join the conversation and follow us at: Instagram: @michaelwear, @ccpubliclife Twitter: @MichaelRWear, @ccpubliclife and check out @tsfnetwork Music by: King Sis #politics #faith #prayer #scripture #SpaceX #stocks #ElonMusk #MitchMcConnell #NewYork #tech #Iran #war Learn more about your ad choices. Visit megaphone.fm/adchoices
This week's episode, we break down the controversy surrounding the Madden NFL 27 cover after Caleb Williams was revealed as this year's cover athlete, sparking strong reactions online. We also talk about HaHa Davis opening up on Club Shay Shay about his swingers experience, and get into a real conversation about whether you'd feel a way if you became the butt of a joke or got mentioned in a song and the claim was a lie. From there, we discuss Elon Musk becoming the world's first trillionaire after SpaceX's blockbuster IPO, Spencer Pratt officially falling out of the Los Angeles mayoral race, and the latest on the Karmelo Anthony verdict, all that and more on this weeks episode. for more,
Les journalistes et experts de RFI répondent également à vos questions sur l'entrée en Bourse de SpaceX, la suspension du procureur général de la CPI et des manifestations anti-immigration en Irlande du Nord. RDC : la voie vers une nouvelle Constitution est-elle désormais ouverte ? En RDC, un texte central en cas de changement de la Constitution alors que le deuxième et dernier mandat du président Félix Tshisekedi expire en 2028. Que dit ce texte ? De quelle manière pourrait-il faciliter la modification de la Constitution ? Quelles sont les prochaines étapes en vue de la révision de la Constitution ? Avec Paulina Zidi, correspondante permanente de RFI à Kinshasa. SpaceX : pourquoi son entrée en Bourse est-elle déjà historique ? 75 milliards de dollars levés en une seule journée. Un record historique. Ce vendredi 12 juin 2026, SpaceX a signé la plus grande introduction en Bourse jamais réalisée. Le groupe d'Elon Musk, qui réunit les activités spatiales, le réseau satellitaire Starlink et ses projets dans l'intelligence artificielle, a fait une entrée fracassante à Wall Street. Mais au-delà du record financier, que change réellement l'arrivée de SpaceX en Bourse ? Avec Jeanne Bartoli, journaliste au service économie de RFI. CPI : le procureur général sera-t-il révoqué ? Karim Khan a été suspendu de ses fonctions de procureur de la Cour pénale internationale. Déjà mis en retrait depuis mai 2025, il fait l'objet d'accusations d'agression sexuelle formulées par un membre de son équipe, des faits qu'il conteste catégoriquement. Pourquoi cette suspension intervient-elle seulement maintenant, alors que l'affaire a éclaté fin 2024 ? Que sait-on réellement des accusations ? Avec Stéphanie Maupas, correspondante de RFI à La Haye. Irlande du Nord : pourquoi cette flambée de violences anti-immigration ? La semaine dernière, Belfast a été le théâtre de plusieurs nuits de violences visant des immigrés. Ces tensions ont éclaté après une attaque au couteau pour laquelle un réfugié soudanais a été inculpé. Plusieurs habitations occupées par des étrangers ont été incendiées, tandis que des familles ont été contraintes de quitter leur domicile en raison de leur origine. Comment expliquer cette vague cette violence anti-immigration ? Avec Alma-Pierre Bonnet, maître de conférences en Civilisation Britannique à l'université Lyon 3.
On June 12, 2026, SpaceX completed the largest initial public offering in history, raising $75 billion and officially debuting on the Nasdaq. This monumental financial event propelled Elon Musk to become the world's first trillionaire as the company's valuation soared to $2.1 trillion by the end of its first trading day. Investment experts and analysts highlight that while the stock saw a nearly 20% surge, the listing was characterized by unprecedented scale and strategic scarcity engineering by lead underwriters like Goldman Sachs. Beyond the financial figures, the sources emphasize how SpaceX's affordable launch costs and Starlink satellite business are establishing the critical infrastructure for a new era of space-based innovation and AI data centers. While the debut was a massive success, market commentators warn that historical data suggests long-term volatility for high-valuation IPOs once initial investor lockup periods expire. This historic milestone reflects a significant shift in global capital markets and solidifies the company's dominance in the burgeoning commercial space industry.
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2,5% Zinsen p.a. auf ein unbegrenztes Guthaben mit bis zu fünfmal der gesetzlichen Einlagensicherung*. Auch für Kinder. Das gibt's bei Scalable Capital. Mehr Infos hier. Elon Musk ist erster Billionär. SpaceX poppt 19% beim IPO, Privatanleger kaufen für 15 Mrd. $. Space-Aktien wie Rocket Lab crashen. Adobe wächst 13%, fällt trotzdem. Anthropic muss Modelle sperren. Meta schränkt Claude-Nutzung ein. Iran-Deal treibt TUI & Lufthansa. Continental (WKN: 543900) zerlegt sich. Autosparte abgespalten, Industriesparte steht zum Verkauf. Was bleibt: ein reiner Reifenhersteller mit 14 Mrd. Umsatz, 4% Dividende und günstiger Bewertung. Aber China-Konkurrenz bremst beim Bremsweg. Kaspi (WKN: A2QD9Y) ist Amazon, PayPal und Bank in einer App. 80% aller Kasachen nutzen sie monatlich. Bewertung beim 7-fachen Gewinn. Aber: Short-Seller-Vorwürfe, Russland-Risiko und eine riskante Expansion in die Türkei. Diesen Podcast vom 15.06.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung. *Veränderlicher Zins auf unbegrenztes Guthaben. Konditionen sowie Guthabenverteilung auf scalable.capital/tagesgeld. Learn more about your ad choices. Visit megaphone.fm/adchoices
Viv Govender from Rand Swiss talks SpaceX and the opportunities he finds most attractive in the AI sector right now. Leila Ebrahimi of PwC unpacks what the newly signed Companies Act means for executive pay.
Today on the program, as the US and Iran appear to be closer to an agreement to end the war, Fareed speaks with Karim Sadjadpour, a senior fellow at the Carnegie Endowment for International Peace, and Ian Bremmer, president of the Eurasia Group. Next, Elon Musk's rocket company SpaceX became the largest IPO ever this week. The company has ambitious goals for space exploration — are they realistic? Fareed asks astrophysicist Janna Levin. Finally, according to a new poll, more than half of Americans believe AI could put them or someone in their household out of a job. But the labor market data shows that the panic may be premature. So, what is the reality? Fareed speaks with AI policy expert Molly Kinder. GUESTS: Karim Sadjadpour (@ksadjadpour), Ian Bremmer (@ianbremmer), Janna Levin (@JannaLevin), Molly Kinder (@MollyKinder) Learn more about your ad choices. Visit podcastchoices.com/adchoices
The AI stock market boom is creating a massive wealth gap, and asset owners are winning bigger than ever. In this video, I'm breaking down Nvidia, SpaceX, AI investing, the stock market, Buffett's cash pile, and why red days should not shake you out of position if you understand the long-term game.The stock market is now bigger than the actual U.S. economy, and that tells you one thing clearly: ownership matters. This episode is about understanding where money is moving next, how AI is reshaping the market, why Nvidia validates the entire artificial intelligence space, and why the ecosystem around SpaceX could create major opportunities before and after the IPO.⚖
This week on The Necessary Conversation, Chad, Haley, and Mary Lou are recording just hours before UFC Freedom 250 kicks off on the White House lawn. It's also Trump's 80th birthday, making him the oldest president in American history.
In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance: SpaceX goes public in the largest IPO in history with more than 18,000 Bitcoin on the balance sheet The outrage over Elon Musk becoming a trillionaire (and the $40 trillion in debt the same people aren't mad about) Why the AI boom is sucking capital out of Bitcoin — and what happens when it overshoots The debate tearing the Bitcoin community apart Saylor explains the 32 Bitcoin sale and says capital rotates back from AI to Bitcoin by year-end ---- The News Block is powered exclusively by Ledn – the global leader in Bitcoin-backed loans, issuing over $10 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. My followers get .25% off their first loan. Learn more at www.ledn.io/natalie ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU ---- Read every story in the News Block with visuals and charts! Join our mailing list and subscribe to our free Bitcoin newsletter: https://thenewsblock.substack.com —- References mentioned in the episode: SpaceX Prices Shares at $135 in Largest IPO Ever Here's What SpaceX's IPO Means for Its $1.3 Billion Bitcoin Reserve SpaceX IPO Could Become Bitcoin's Latest Headwind Saylor to Musk: Thanks to You, 25% of Mag8 Firms Now Hold Bitcoin Michael Saylor on X — Mag8 Bitcoin Quote Pierre Rochard on X — Capital Rotation Article ---- Upcoming Events: The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off (use HODL for Bitcoin Asia and Abu Dhabi too!): https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing
The AI Breakdown: Daily Artificial Intelligence News and Discussions
This week in AI, Fable 5 dominated the conversation — first as the most powerful new model release, then as the center of a major access and governance controversy. Plus, SpaceX's IPO, the rise of token panic, and what to watch next from OpenAI.This Week in AI in 5 Minutes is a fast catch-up version of The AI Daily Brief for extremely busy people. Check out the new https://aidailybrief.ai/The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614Our Newsletter is BACK: https://aidailybrief.beehiiv.com/Interested in sponsoring the show? sponsors@aidailybrief.ai
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Super Retail Group has announced a five-year plan for its brands like Rebel Sport to own regional Australia… before competitors get there. SpaceX has just completed the biggest IPO in history - raising $US75 billion and turning Elon Musk into the world's almost-trillionaire. Cadbury has posted double-digit growth in Australia as we turn to chocolate during the cost-of-living crisis. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.
This segment dismantles the SpaceX mythology and explains why space exploration must serve the commons, not billionaire extraction.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
In this week's episode of WSJ's Take On the Week, co-hosts Miriam Gottfried and Telis Demos break down the historic launch of SpaceX, the biggest initial public offering ever, which priced at $135 a share before popping 11% to open at $150 on Friday. The share price rose steadily after that, closing up 19%. Meanwhile, Tesla shares were volatile, though they ended higher on the day. Plus, the hosts look ahead to a major milestone at the Federal Reserve as Kevin Warsh presides over his first meeting as Fed chairman. After the break, Owen Lamont, senior vice president and portfolio manager at Acadian Asset Management, breaks down whether the sudden rush to include mega-cap companies such as SpaceX into major indexes like the Nasdaq 100 and Russell 1000—often through specific rule changes—is a signal that the market is beginning to overheat. Then, they discuss the risks of buying into IPOs, particularly those with small floats (that is, a company's available shares to trade) or lack of profitability. He explains what he calls the "third horseman of the bubble apocalypse" and whether current IPO plans for Anthropic and OpenAI are the beginning of a larger, potentially dangerous market trend. This is WSJ's Take On the Week where co-hosts Telis Demos, Heard on the Street's banking and money columnist, and Miriam Gottfried, WSJ's investing and wealth management reporter, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com Further Reading Is it Worth Investing in Unprofitable Companies? We Ran the Numbers For a Select Few, IPOs Are Winners. Good Luck to Everyone Else. A Guide to Buying SpaceX Shares via Your Brokerage Account SpaceX Shares Closed Up 19% in Historic Debut as Musk Becomes First Trillionaire For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter. Follow Miriam Gottfried here and Telis Demos here. Learn more about your ad choices. Visit megaphone.fm/adchoices
“We are all in the gutter, but some of us are looking at the stars,” Oscar Wilde wrote in his 1892 play Lady Windermere's Fan. This week, Elon Musk managed — not for the first time — to be simultaneously in the stars and the gutter. SpaceX's IPO valued his rocket company at $2 trillion — making Musk, officially, a trillionaire, the richest person in the world by a very large margin. The space Musk — the defiant genius who bet everything on a reusable rocket and the promise of a cosmic monopoly — is astonishing. The Wall Street Journal called the IPO a Goldilocks debut with Musk starring as the three bears. But there is another Musk — the one in the gutter, promoting white nationalist violence from his platform on X. This week Musk not only stoked the anti-immigrant riots in Belfast but reiterated his support for the English white supremacist gangster Tommy Robinson. So is this another Strange Case of Dr Jekyll and Mr Hyde, Robert Louis Stevenson's 1886 novella? Keith Teare, publisher of That Was the Week, certainly thinks so. While Keith is in awe of Musk's entrepreneurial genius at SpaceX, he seems to excuse Musk's support for Tommy Robinson's paramilitarism. “I'm not even sure I like him,” Keith confesses in his musings on “civilisation.” Nor do the rest of us. But I wonder if this good/bad Elon narrative is too convenient. There is an uncomfortable symbiosis between Musk's journey to SpaceX and to white nationalist violence. For all the utopian cornucopia of space, our earthly reality is one of scarce land and fear of immigrants — Trump, Tommy Robinson, and this weekend's Swiss referendum on capping its population at 10 million. For all the Muskian promise of cosmic abundance, today's Muskian politics is paranoid and exclusionary. So maybe it's not just Elon. Everyone these days is simultaneously in the gutter and looking up at the stars. Five Takeaways • SpaceX: From El Segundo Warehouse to $2 Trillion Juggernaut: SpaceX is 25 years old. It started in a warehouse near Los Angeles, in an area with a concentration of rocket scientists. Musk bet almost all of his Tesla gains on the idea of a reusable rocket — and nearly lost everything. Then a rocket worked. Since then: iterative improvement, the rockets getting bigger and more reliable, a virtual global monopoly on delivering payloads to space, Starlink (satellite internet that actually works at gigabit speeds), and NASA subcontracting its launches. Now: $2 trillion at IPO, Musk a trillionaire. Wall-to-wall applause from the startup world. Wall-to-wall pylon on social media. Both simultaneously true. • The Grimace vs the Applause: Andrew vs Keith's Media Diet: Keith says most commentators are grimacing at the valuation and Musk's net worth. Andrew says the serious press — the Wall Street Journal, even the New York Times — is largely applauding. The exchange reveals the media bifurcation: mainstream outlets cover the achievement; social media — X, Facebook, LinkedIn — is wall-to-wall outrage about a trillionaire in a world of growing inequality. Keith's verdict on Musk: he doesn't care whether people like him. Neither, in Keith's view, should we. You judge him not on likability but on criteria: civilization or net worth. Different criteria, different judgment. • California and Europe: The Failure of Government: Fareed Zakaria in the Washington Post: California is a case study in failed government. Andrew had Jonathan Weber on the show this week — City on the Edge, the historic dysfunctionality of San Francisco city government. Fukuyama is trying to be optimistic about Europe's liberal future. Keith's counter: Fukuyama ignores the structural problem — top-heavy EU bureaucracy that overrides countries, producing dislike of the EU in every European nation, even France, which built it. Populism, Keith argues, is not the disease. It's the symptom. The disease is twenty years of bad policy. • Bernie Sanders Finally Had an Insight: The Sovereign Wealth Fund: Sanders has proposed a sovereign wealth fund owning 50% of all high-growth AI companies, giving every citizen ownership shares. Keith, who last week said 50% wasn't enough, this week credits it as the first genuine insight Sanders has had. The kicker: David Sacks — arch right-winger, former PayPal Mafia, Andreessen Horowitz — agreed on his podcast and said it should be 75%. Keith's observation: when David Sacks and Bernie Sanders can agree on the direction, left-right labels stop helping. The question is just how to make capitalism's gains flow to everyone. • Planning Beats Complaint: Keith's editorial closer. The choice is not between liking Musk and hating Musk, not between celebrating SpaceX and resenting its valuation. The choice is between complaining and planning. John O'Farrell, former general partner at Andreessen Horowitz, resigned and wrote an op-ed in the New York Times: “We can't let my former venture capital colleagues buy off democracy.” Gary Tan organised an Asian-American reaction against San Francisco's school board and won. Citizens who act beat citizens who complain. That's the week's lesson. That's Keith's lesson. Andrew is away next week. About the Guest Keith Teare is a British-American entrepreneur, investor, and publisher of the That Was the Week newsletter. He is a co-founder of TechCrunch and Andrew's regular TWTW co-host. References: • That Was the Week by Keith Teare. • Fareed Zakaria, “How California Became a Case Study in Failed Government,” Washington Post — referenced in the conversation. • John O'Farrell, “We Can't Let My Former Venture Capital Colleagues Buy Off Democracy,” New York Times — referenced in the conversation. • Francis Fukuyama on the liberal vision of Europe — referenced in the conversation. • Episode 2938: Jonathan Weber on City on the Edge — referenced at the opening. About Keen On America Nobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,900 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting. WebsiteSubstackYouTubeApple PodcastsSpotify Chapters: (00:31) - Introduction: SpaceX IPO, ...
Morse code transcription: vvv vvv Switzerland to vote on plan to cap population at 10 million Karren Brady stayed at West Ham despite knowing of Sullivan womens team ban Elon Musk becomes worlds first trillionaire as SpaceX soars in stock market debut I have a duty to stay on, says PM as he justifies defence spending decisions Kings Birthday Honours Kevin Sinfield, Julia Donaldson and Malorie Blackman top list Trump accuses Iran of leaking agreement details that bear no relation to the truth David Hockney Tributes paid to a giant and true icon of British art Allan Taylor How Ed Sheeran put veteran singer in spotlight after finding lost gem album Strictly Come Dancing Delta Goodrem becomes third celebrity to join battle for Glitterball trophy Elon Musk, the worlds first trillionaire his stratospheric rise in charts
War dieser fulminante Börsenstart nur Fomo? Oder was spricht für die hohe Bewertung der Aktie?
SpaceX debutó en la bolsa el mismo día que Júpiter y Venus se reunieron en el cielo nocturno. La fecha no ha sido causalidad. Marta Peirano nos ha explicado el porqué en Postecnocracia. Escuchar audio
Sharemarkets have had a shake up over the weekend with the listing of SpaceX - but there's another warning about how high prices are going. Commentators have pointed out there's another measure by which stock prices are reaching very elevated levels. Money correspondent Susan Edmunds spoke to Ingrid Hipkiss.
Morse code transcription: vvv vvv Karren Brady stayed at West Ham despite knowing of Sullivan womens team ban Elon Musk, the worlds first trillionaire his stratospheric rise in charts I have a duty to stay on, says PM as he justifies defence spending decisions Strictly Come Dancing Delta Goodrem becomes third celebrity to join battle for Glitterball trophy Kings Birthday Honours Kevin Sinfield, Julia Donaldson and Malorie Blackman top list Elon Musk becomes worlds first trillionaire as SpaceX soars in stock market debut Trump accuses Iran of leaking agreement details that bear no relation to the truth Allan Taylor How Ed Sheeran put veteran singer in spotlight after finding lost gem album Switzerland to vote on plan to cap population at 10 million David Hockney Tributes paid to a giant and true icon of British art
太空探索公司SpaceX掛牌首日就創下不少歷史紀錄,史上規模最大IPO,讓執行長馬斯克成為全球第一位兆元富翁,更讓四千多名包含水電工、餐廳廚師在內的SpaceX員工,成為百萬富翁,其中甚至有大約400人的身家,因此上看1億美元以上。加入會員,支持節目: https://cku2d315gwbbo0947nezjmg86.firstory.io/join 留言告訴我你對這一集的想法: https://open.firstory.me/user/cku2d315gwbbo0947nezjmg86/comments YT收看《寰宇全視界》
Morse code transcription: vvv vvv Switzerland to vote on plan to cap population at 10 million Kings Birthday Honours Kevin Sinfield, Julia Donaldson and Malorie Blackman top list Karren Brady stayed at West Ham despite knowing of Sullivan womens team ban David Hockney Tributes paid to a giant and true icon of British art Elon Musk becomes worlds first trillionaire as SpaceX soars in stock market debut Allan Taylor How Ed Sheeran put veteran singer in spotlight after finding lost gem album Elon Musk, the worlds first trillionaire his stratospheric rise in charts I have a duty to stay on, says PM as he justifies defence spending decisions Trump accuses Iran of leaking agreement details that bear no relation to the truth Strictly Come Dancing Delta Goodrem becomes third celebrity to join battle for Glitterball trophy
John talks with John Terrett about the latest in the markets. Learn more about your ad choices. Visit megaphone.fm/adchoices
John talks with John Catsimatidis Jr. about the historic public offering of SpaceX and Elon Musk becoming the first trillionaire. Learn more about your ad choices. Visit megaphone.fm/adchoices
Having spent 12 hours in near World War I-trench conditions at the Georgetown hospital, Jonah Goldberg is feeling grateful for penicillin and ready to pile in on some good ol' fashioned eggheadery. After reminiscing about a battlefield experience at a different Washington hospital some years ago, Jonah indulges in some I-told-you-so on Iran, before getting into the midterms, SpaceX, investment regrets, 60 Minutes, Bari Weiss, media bias, Sam Francis, Italian Elite Theory, middle American radicals, Gramsci, and societal restraints on violence. Show Notes: —Friday's Dispod —Jonah's LA Times column on Schrödinger's ceasefire —Chris Stirewalt Remnant —The Cook Political Report: “Ohio Poll Could Portend Trouble for Republicans” —Eli Lake's podcast with Michael Anton —Charles Fain Lehman on crime in The Dispatch —Jonah's first book —Violence and Social Orders: A Conceptual Framework for Interpreting Recorded Human History —Jonah's book Suicide of the West The Remnant is a production of The Dispatch, a digital media company covering politics, policy, and culture from a nonpartisan perspective. To access all of The Dispatch's offerings—including the Saturday Ruminant, audio versions of all our articles and newsletters, and Jonah's twice-weekly G-File—click here. Instructions on how to set up your members-only feed can be found here, and if you'd like to remove all ads from your podcast experience, consider becoming a premium Dispatch member by clicking here. Learn more about your ad choices. Visit megaphone.fm/adchoices
Musk is worth $1 trillion with zero income. We're spending $1.6 trillion on interest. CPI is on pace for 6.2%. This is the peak of the bubble.This episode is sponsored by Greenlight Metals. Research investing in Greenlight Metals copper and gold mine: https://resourcestockdigest.com/report/copper-gold-in-the-american-heartland/This episode is also sponsored by NetSuite. Download NetSuite's free business guide, Demystifying AI, at https://netsuite.com/goldSpaceX debuted as the biggest IPO in history, raising $75 billion at a $1.8 trillion valuation before closing above $2 trillion — making Elon Musk the first person worth $1 trillion. Peter Schiff puts this in perspective: JD Rockefeller, the previous richest American ever adjusted for inflation, earned the equivalent of $2 billion per year in actual income from Standard Oil. Musk has essentially zero income — SpaceX loses money and trades at 100x revenue — making his trillion-dollar net worth entirely a function of bubble valuations driven by decades of monetary excess.Meanwhile, the May federal deficit exploded 32% year-over-year to $293 billion, with interest expense surging 44% to $133 billion in a single month — $1.6 trillion annualized, consuming 30% of all tax revenue. That's the entire federal budget from 1997 spent on interest alone. CPI rose 0.5% in May, putting 2026 on pace for 6.2% annual inflation — the highest since 2022 and potentially headed for 1981 levels. PPI came in at 1.1% for the second straight month, annualizing to 14%. Gold successfully retested its March low at $4,040 before recovering to $4,218, with mining stocks posting a positive divergence despite metal weakness. The Strategy death spiral deepened as Saylor diluted common shareholders to buy Bitcoin, destroying the "Bitcoin yield" narrative he built the company on.Chapters:00:00 Cold Open and Intro01:23 SpaceX IPO Mania03:18 Musk vs Rockefeller Wealth06:31 Bubble Valuations Explained09:59 Markets Week and Metals Drop11:47 Gold Retest and War Narrative17:20 Deficits and Interest Time Bomb26:30 Inflation Data and Fed Boxed In37:43 Other Markets Crypto and Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #SpaceXIPO #InflationOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy