SpaceX Jumps After Record IPO

Insight & analysis on the White House and Capitol Hill.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s business empire into one of the most-valuable public companies in the world.

The stock climbed as high as $176.52, or 31% above its offering price, in afternoon trading in New York. The jump in price turned Musk into the world’s first trillionaire and sent the company’s market capitalization above $2 trillion.

The successful first day of trading allows for a sigh of relief not only for backers of Musk’s company, but for an entire stock market that has been driven higher this year on optimism about the growth potential for artificial intelligence. SpaceX’s embrace of AI earlier this year with the acquisition of Musk’s xAI made the listing somewhat of a referendum on the IPO prospects of competitors Anthropic PBC and OpenAI, both of which plan go public themselves.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

Bloomberg News ECM Reporter Anthony Hughes.
Bloomberg News Space Reporter Sana Pashankar.
Bloomberg Television Correspondent Yahaira Anand.
Bloomberg Tech Co-Host Ed Ludlow.
Former International Space Station Commander Leroy Chiao.

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1967)

Trump Says US May Strike Iran Again

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump said the US would probably launch further strikes ...

8 Juli 40min

NATO Tries to Keep Trump Onside

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. NATO allies have agreed to at least $50 billion in defense industry deals...

7 Juli 37min

Trump Rings Opening Bell, Heads to NATO Summit

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump will meet with Ukrainian President Volodymyr Zelen...

6 Juli 34min

US Hiring Slows, Curbing Momentum

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US hiring slowed sharply in June even as the unemployment rate fell, curb...

2 Juli 41min

Iran Wraps Up Doha Meetings

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US President Donald Trump said negotiators had made progress in indirect ...

1 Juli 40min

Supreme Court Backs Birthright Citizenship in Blow to Trump

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. A divided US Supreme Court upheld the constitutional right of birthright ...

30 Juni 41min

Weekly Washington Policy Pulse: Defense Spending, Farm Aid, Fed, AI (June 29, 2026)

A look at the $87.6 billion supplemental spending request from the White House, which would earmark most of that to the Department of Defense and the conflict with Iran, led Bloomberg Intelligence's J...

29 Juni 11min

Cook Stays at Fed But Trump Wins Power Over Other Agencies

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. A closely divided US Supreme Court reinforced the Federal Reserve’s indep...

29 Juni 44min