Bloomberg Businessweek

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.The banks are expected to stop taking orders from institutional investors after the market closes in New York at 4 p.m. on Wednesday, people familiar with the matter have said.
SpaceX’s IPO is set to price June 11 and trade the following day. The company is offering 555.6 million shares at a fixed price of $135 each, which would raise about $75 billion, and value it at about $1.8 trillion.
Orders are still being taken and details could change, the people said, asking not to be identified as the information isn’t public. A representative for SpaceX didn’t immediately respond to a request for comment.
On this episode, Carol Massar and Tim Stenovec speak with:
Ed Ludlow, Bloomberg Tech Co-Host On SpaceX
Ben Hylak, Co-Founder and CTO at Raindrop, Former SpaceX and Apple Engineer On Raindrop 2.0 product, and SpaceX from fmr. Engineer perspective
Paul Andre Huet, Chairman & CEO of America's Gold & Silver AND Gary Evans, CEO at US Antimony On latest company news, mining/antimony roundup
Todd Gillespie, Bloomberg News Banking Reporter and Sri Natarajan, Bloomberg News Chief Wall Street Correspondent On Goldman CEO Slammed by Two Lawmakers for Standing by Top Lawyer and Trump Heaps Praise on Citi for M&A Ranking It Doesn’t Have
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Timed to coincide with the 250th anniversary of the Declaration of Independence, Beverly Gage visits thirteen iconic, historically significant sites across the country, she unpacks the complicated, often contradictory ways Americans remember, debate, and engage with their own history.

For more, Carol and guest host Emily Graffeo spoke with Beverly Gage, author of 'This Land is Your Land' and Yale John Lewis Gaddis Professor of History and Janet Lorin, Bloomberg News Higher Education finance reporter
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

SpaceX’s initial public offering is a bet on Elon Musk’s most audacious vision yet: an industrial empire combining hardware, software and artificial intelligence that brings rocket launches, satellites and computing resources into one sprawling conglomerate. A nearly 18-minute video produced as part of its IPO roadshow touts everything from solar-powered orbital data centers to a thriving lunar economy to asteroid mining.

If SpaceX hits its targeted valuation of $1.8 trillion, it will immediately become one of the world’s most valuable public companies. Musk, on the cusp of turning 55, will likely be the world’s first trillionaire. And for Tesla Inc., the electric-car maker and energy company that Musk took public in 2010, the question is increasingly about when — not if — SpaceX will absorb Tesla whole.

On this episode, Carol Massar and Emily Graffeo speak with:
Dana Hull, Bloomberg News Senior Technology Reporter
Jeff DiLullo, CEO at Philips North America On Philips 2026 Future Health Index report
Sec. Gina Raimondo, 40th Commerce Secretary on America’s role in AI race, labor market impact
John McCluskey, CEO, Alamos Gold On state of gold market, Alamos Canada operations and mining
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Inspired by her podcast Ruthie’s Table 4, award-winning chef Ruthie Rogers, the cofounder of London’s celebrated The River Cafe, presents a lively array of compelling interviews about food by a dazzling roster of celebrities including David Beckham, Martha Stewart, and Mel Brooks.
For more, Carol and Tim Stenovec, spoke with Ruthie Rogers, Co-Founder of The River Cafe in London, Host of the podcast 'Ruthie's Table 4' AND Author of 'Table 4 at the River Cafe'
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Apple Inc. investors gave a tepid reception to the next generation of its artificial intelligence platform, which is key to the company’s bid to catch up with Silicon Valley peers in a critical market.
The new Apple Intelligence system — underpinned by Google technology — was unveiled during a keynote presentation at the company’s Worldwide Developers Conference on Monday. Software chief Craig Federighi pitched the update, which includes an overhauled Siri digital assistant, as a major improvement over the company’s current software. Siri is “more intelligent, knowledgeable and capable,” Federighi said.

Still, many of the new features are similar to capabilities that Apple unveiled earlier — only to delay their release. And the new Siri will be released as a beta test to consumers this fall, signaling that the technology isn’t fully ready for everyday users.

Apple said that its new AI features won’t be available in China while the company “works through regulatory requirements.” The rollout of the technology in the EU also will be slowed by regulations in that region.

On this episode, Carol Massar and Tim Stenovec speak with:
Ed Ludlow, Bloomberg Tech Co-Host
Barry DiRaimondo, CEO, SteelWave On his take that current bear market in CRE is largest buying opportunity ‘in American history’
James Walker, CEO at NANO Nuclear Energy ad Will Wade, Bloomberg News Energy Reporter On NANO’s recent acquisition of Secured Transportation Services
Kathryn Thompson, Founding Partner & CEO at Thompson Research Group on ‘golden age of US construction’ and re-industrialization of America
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