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.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(2046)

Weekly Washington Policy Pulse: Energy Bills, Crypto Custody, Farm Aid (October 5, 2026)

A look at the final actions of the Senate -- including releasing a bipartisan energy permitting bill -- as well as looking at regulatory rulemakings geared towards enhancing institutional adoption of ...

5 Okt 13min

Trump Hits Campaign Trail in Nebraska, Plans Tax-Exempt Diesel Relief

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 is preparing to ease limits restricting the use of...

5 Okt 40min

Trump Seeks To Jolt GOP; US Payrolls Miss Forecast

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 predicted that Democrats would impeach him for a t...

2 Okt 40min

Trump Sticks to Red-State Midterm Travel

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Donald Trump is embarking on a travel blitz aimed at shoring up strugglin...

1 Okt 33min

Fed’s Watchdog Finds No Criminal Violations in Renovations

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The Federal Reserve’s internal watchdog found no evidence of criminal wro...

30 Sep 47min

Trump Rejects New AI Safety Rules

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 shot down the idea of new federal regulations on a...

29 Sep 57min

Trump Meets Anthropic CEO; Rejects Iran’s Latest Offer

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Global anxiety over artificial intelligence risks has intensified followi...

28 Sep 40min

Trump Says He’ll Meet Xi Twice More This Year as Summit Wraps

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 he would meet again with Chinese leader Xi Ji...

25 Sep 41min