June 17: Elon, SpaceX, Stablecoins, and the Trillion-Dollar Question
Matt opens the show by examining the SpaceX IPO frenzy and the staggering scale of Elon Musk's reported trillion-dollar net worth, arguing that most people underestimate the difference between millions, billions, and trillions. He explores what that level of wealth means in terms of influence, ownership, and market power, while reflecting on why investors continue pouring capital into AI and aerospace companies.
On the crypto side, the episode covers BlackRock's new Bitcoin income fund, the launch of a privacy-focused institutional DeFi yield product on Ethereum, congressional efforts to…
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