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SpaceX Files for $1T IPO, Boston Budget Cuts Stir Debate · Sunny Mornings Boston

• 0:01
  Good morning and a warm welcome to your show,
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  Sunny Mornings in Boston. I'm your host, Melissa,
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  and it's Thursday, May 21st. You'll be interested
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  to know, 99 years ago, today, in 1927, Charles
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  Lindford flew solo nonstop across the Atlantic
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  in his single -engine Spirit of St. Louis, landing
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  in Paris after an unprecedented trans -oceanic
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  flight. His daring achievement demonstrated the
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  potential of aviation for long -distance travel
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  and inspired public confidence in commercial
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  flight and technological progress. So now you
• 0:43
  know. And now, it's time for the weather report.
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  This morning, it's cloudy and feels like 59 degrees
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  with 6 mile per hour wind. The sunset will take
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  place at 8 .03. and it will rise again tomorrow
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  at 515. It looks like we're in for some mostly
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  cloudy skies today, with a high near 65 and a
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  calm northeast breeze around 6 miles per hour.
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  If you're inland, it will hit a high of 65. Tonight,
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  expect partly cloudy skies with a low around
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  46 and light winds around 5 miles per hour. The
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  near -shore GUI at Cape Cod Bay reads 56 degrees
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  for the water temperature. Looking ahead in the
• 1:36
  weather. Friday will be sunny with a high near
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  66 in late east winds of 3 to 8 miles per hour.
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  A slight chance of rain develops Saturday afternoon
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  with highs near 64. Then rain showers are likely
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  Saturday night into Sunday, with highs falling
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  to near 59 and east winds around 12 miles per
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  hour. Memorial Day brings a chance of showers
• 2:00
  with highs near 69 and lighter north winds. And
• 2:04
  showers may linger into Monday morning, with
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  lows near 53. Bonjour, food enthusiasts! This
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  podcast is brought to you by Versailles Café
• 2:15
  and Pastries in Encinitas. Nestled on El Camino
• 2:18
  Real South, just north of Encinitas Boulevard,
• 2:22
  this cafe is a haven for culinary delights. Indulge
• 2:27
  in their amazing Eggs Benedict or their gluten
• 2:30
  -free crepes. You can grab a panini for lunch
• 2:33
  or just breeze on through to get your morning
• 2:36
  coffee. They are open every day from 8 to 5.
• 2:40
  So stop on by and don't forget to tell them.
• 2:43
  Sunny Morning sent you. In local news, with less
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  than a month to go before voting on Mayor Michelle
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  Wu's fiscal year 27 budget plan, Boston City
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  Councilors are feeling the pressure from various
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  sides. A letter from the mayor's legal advisors
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  reminded them of their limited powers, while
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  a town meeting in Roxbury heard pleas to reverse
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  proposed cuts in her tightest budget since taking
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  office in 2021. The proposed cuts affect youth
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  jobs, food relief, and programs within the Boston
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  Public Schools, alongside some funding for the
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  police and fire departments. District 4 Counselor
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  Brian Worrell noted that many advocacy groups
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  are uniting around shared values, voicing concerns
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  about the budget's impact on their communities.
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  Now on to sports. LeBron James is reportedly
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  unlikely to accept a minimum salary, which affects
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  some suitors more than others. Even at 41 years
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  old, James will command a significant salary,
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  potentially eliminating several teams from contention.
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  The idea of LeBron James playing for a minimum
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  salary seemed like a fantasy for most of his
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  career. While he is worth much more, his age
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  and desire to contend for a championship complicate
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  matters. Teams capable of competing typically
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  do not have the funds available to pay him appropriately.
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  James is the highest -paid player in National
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  Basketball Association history and has earned
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  substantial amounts off the court. Though anything
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  he earns now is pocket change by his standards,
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  interested parties should not expect a discount.
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  Insider Jake Fisher stated that James taking
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  a minimum salary does not sound like that is
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  actually in the cards at all. James has not taken
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  a substantial pay cut since leaving the Miami
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  Heat in 2014. For some suitors, this news is
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  mildly disappointing, while for others, it removes
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  them from serious contention for James' services.
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  The New York Knicks and Denver Nuggets likely
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  cannot afford him, as both teams are near their
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  salary limits. The Golden State Warriors and
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  Cleveland Cavaliers have challenging paths to
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  securing him. exploring sign -and -trade options
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  to create salary space. If money is a significant
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  factor, the Los Angeles Clippers have a potential
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  path to $28 million in cap space in James' current
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  market. The Los Angeles Lakers hold the advantage,
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  with full bird rights allowing them to pay James
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  up to the maximum amount. How they will allocate
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  their potential $48 million in cap space remains
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  uncertain. but it will dictate their ability
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  to retain him. In a perfect world, the Lakers
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  would have liked to keep James at a discount,
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  but it seems they will need to invest real financial
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  resources to do so. In local sports, the Red
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  Sox completed a sweep of Kansas City last night,
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  beating the Royals 4 -3 at Kauffman Stadium.
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  Connelly Early was sharp on the mound, striking
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  out 5 -over -6 in the third innings. while Jaron
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  Duran went deep with two hits and two RBIs. Boston
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  has now won three straight and four of their
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  last five to improve to 22 -27. They're back
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  at Fenway Saturday to face Tampa Bay, with Peyton
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  Tall taking the mound at 4 -10. The Sox have
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  real momentum heading into this series, and these
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  next few games at home are crucial as they climb
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  back into the L -East picture. On the injury
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  front, Garrett Crochet threw two innings in the
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  bullpen Wednesday and said his shoulder felt
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  strong. He's working back from a three -week
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  absence and could see a rehab appearance within
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  the next week or so. When he returns, the front
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  office will have some tough decisions to make.
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  The rotation's been stellar this month with a
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  3 .00 era, but Brian Baio has been brutal at
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  9 .68. Over on the basketball side, the Celtics
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  are ramping up their pre -draft process, checking
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  out Cincinnati forward Bava Miller. The 6 '10
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  Spanish prospect has intriguing length and switchability
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  on defense, though his outside shot needs work.
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  In top news, Elon Musk -led SpaceX has filed
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  publicly for a stock listing amid its ambitions
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  in artificial intelligence. The company is seeking
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  a valuation of $1 trillion. On Wednesday, SpaceX
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  filed for an initial public offering, taking
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  the way for one of the most highly anticipated
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  listings of the year. This move would subject
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  the privately held company to new scrutiny from
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  public investors and regulators. Founded in 2002,
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  SpaceX builds and operates spacecraft, including
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  thousands of satellites for its Starlink Internet
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  service. Musk confirmed SpaceX's IPO plans for
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  2026 and its pursuit of a $1 trillion valuation
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  on his social platform X. In business news, Vox's
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  sale marks the end of an era for a once booming
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  form of digital media. Here's how it all came
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  undone. Companies like Busby, Vice, and Vox were
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  once valued at billions of dollars. But shifting
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  audiences and declines in advertising have sent
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  their values plummeting. For digital media companies
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  that relied on social media buzz and venture
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  capital hype, the rise was rapid, and the fall
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  just as swift. Ten years ago, companies like
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  Vox Media, BuzzFeed, and Vice attracted major
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  investment with valuations topping $1 billion.
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  placing them in a rarefied space in an industry
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  where fortunes were largely declining. In crypto
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  movement, Bitcoin is up 1 % to $78 ,000. Ethereum
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  is up 1 % to just over $2 ,000. And HexRP is
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  up 1 % to $1 .38. Moving on to a more local vibe.
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  and our community spotlight on health and wellness.
• 9:24
  We are working with a national Pilates studio
• 9:27
  to bring you some free classes, so listen up.
• 9:31
  Check out Club Pilates, with several locations
• 9:34
  in the Boston area. Pilates presents a comprehensive
• 9:38
  wellness approach, cultivating strength, reducing
• 9:41
  tension, and elevating mental well -being. Scientific
• 9:45
  research affirms its benefits. So now you can
• 9:49
  check out Club Pilates. for a free class. With
• 9:53
  locations in Canton, Wellesley, Hingham, Brookline,
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  and Framingham, just be sure to tell them, sunny
• 10:00
  morning sent you by. And now, back to the show.
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  Let's talk tech. Anthropic has announced that
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  it is set to achieve its first profitable quarter,
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  with plans to more than double revenue to around
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  $10 .9 billion in its second quarter. The company
• 10:21
  is expected to deliver an operating profit for
• 10:23
  the first time, according to the Wall Street
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  Journal. This significant milestone puts it in
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  a favorable position against its chief competitor,
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  OpenAI. However, profitability may not be sustained
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  throughout the year due to substantial compute
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  costs. The startup has gained popularity, particularly
• 10:43
  with its chatbot, Claude, and is diversifying
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  its customer base. This announcement coincides
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  with news of OpenAI's potential initial public
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  offering. And in entertainment news, Jeff Probst
• 11:01
  accidentally revealed the winner and loser of
• 11:04
  the Survivor 50 firemaking competition, which
• 11:07
  determines who makes it to the final three before
• 11:10
  the segment aired. During Wednesday night's finale,
• 11:14
  Aubrey Bracco won the final immunity challenge
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  and chose to send Riza Vilovic and Jonathan Young
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  to the fire -making competition. After CBS aired
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  footage of her decision, the episode mistakenly
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  cut to Jeff Probst on stage in front of a live
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  studio audience in Los Angeles. Probst announced
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  that Vilovic was the last member of the Season
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  50 jury, noticing the confused reactions from
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  the audience. Siri Fields, a fan -favorite contestant,
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  awkwardly reminded him that fire -making had
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  not been shown before the commercial break. Propst
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  humorously addressed the mishap, saying, I love
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  live television. Well, alrighty, folks, it's
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  time for the quote of the day. And today, our
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  quote comes from the American aviator and author
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  Anne Morrow Lindbergh. And she said, To fly as
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  fast as thought. To anywhere, that is, is not
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  a dream, but a possibility, for aviation has
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  shown us that the sky is not the limit. And that's
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  a wrap for this morning. You can check out our
• 12:24
  Instagram, YouTube, and TikTok for some captivating
• 12:28
  aerial videos with local news and the weather
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  reports. Have an amazing day, my good friends.
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  We'll see you tomorrow with another episode of
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  Sunny Mornings in Boston.