Squawk Pod

SpaceX has secured a $40 billion debt financing package, Ukraine is disputing Elon Musk’s claim that the country violated Starlink’s terms, and Elon Musk himself is weighing in on neocloud companies, comparing their life spans to those of guppies. In Brazil, Luiz Inácio Lula da Silva won a fourth term, and in Europe, protests rage on. Editor in Chief of The Economist Zanny Minton Beddoes argues that the unrest has little to do with immigration, and everything to do with citizens deeply frustrated by their governments. Plus, BioMarin CEO Alexander Hardy is working to bring drugs to the 30 million patients with rare diseases.

Zanny Minton Beddoes - 10:27
Alexander Hardy - 25:10

In this episode:
Zanny Minton Beddoes, @zannymb
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

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OpenAI is working on a $30 billion funding round from Coatue and the UAE, among others, which would bring the company’s valuation up to $1.25 trillion before Anthropic’s imminent IPO. Elon Musk's ambitions for SpaceX include a merger with Tesla and a strategy for cell towers. President Trump reportedly asked Elon Musk to restore Ukraine’s access to Starshield, but Business school professor Christopher Marquis wants to reform MBA programs, and Moderna’s new vaccine data is good news for melanoma treatment. Plus, CNBC’s Steve Liesman shares more results from his latest All-America Economic Survey, including the approval ratings for President Trump and American sentiment around AI.

Steve Liesman - 15:42
Christopher Marquis - 22:46'

In this episode:
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Steve Liesman, @steveliesman
Katie Kramer, @Kramer_Katie

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Ahead of Anthropic’s highly-anticipated IPO on the Nasdaq, Nasdaq CEO Adena Friedman discusses her exchange’s strategy to win listings in the AI IPO race. Tesla reported its latest financials as the board considers the details of a SpaceX-Tesla merger. CNBC’s Steve Liesman shares the results of his latest All-America Economic Survey: sentiment on the economy is about as gloomy as it was immediately after the pandemic. Plus, former Bridgewater CIO Rebecca Patterson has penned a book of investing wisdom for market savvy folks without personal investing expertise. In a wide-ranging conversation, she discusses AI’s weights and buoys for the larger economy, global market risks, and market liquidity.

Steve Liesman - 08:21
Adena Friedman - 16:34
Rebecca Patterson - 28:26

In this episode:
Adena Friedman, @adenatfriedman
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Steve Liesman, @steveliesman
Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

SpaceX shares jumped after it reported surging revenue growth and Elon Musk floated a potential merger of the company with Tesla. Altimeter Capital’s Brad Gerstner says Musk needs to make sure a deal is fair for Tesla shareholders and expects at least a 30% premium to where the stock trades today. United Airlines slashed its profit outlook as fuel costs continue to bite. CEO Scott Kirby says airfares will have to go up in order for carriers to be profitable.

Brad Gerstner - 18:18
Scott Kirby - 47:44

In this episode:
Brad Gerstner, @altcap
Phil LeBeau, @Lebeaucarnews
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Ryan Anastasio, @Ryan_Anastasio

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In Europe, it’s an autumn season of unrest. Council on Foreign Relations President Michael Froman discusses protests across France, Belgium, Italy, and other EU nations as politics, affordability, and upcoming elections collide for frustrated citizens. Froman also considers the path forward for the war in Ukraine, particularly after President Trump, Russian President Putin, and Chinese President Xi are considering a trilateral meeting about the conflict. OpenAI is reportedly aiming to accelerate fundraising before its own IPO and before Anthropic’s IPO, and Chinese tech giants Bytedance, Alibaba, and Tencent have placed massive chip orders from Nvidia. Plus, Director of Villanova’s Sports Law and Business Program Andrew Brandt is ready for the first NBA faceoffs of the season. The most anticipated game will tip off at Madison Square Garden, where LeBron James will make his season debut at the Knicks and 76ers match-up.

Michael Froman - 17:31
Andrew Brandt - 28:26

In this episode:
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer, @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.