20VC: SpaceX Soars to $2.7TRN | Anthropic's Fable Banned by US Government | Wix and Adobe Hit All-Time Lows | Mistral Raising at $20BN and The Case for Sovereign Models | Fin Acquired by Salesforce for $3.6BN

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · Jun 18, 2026 · 1h 25m

AGENDA:

00:00 — SpaceX Completes the Largest IPO in History

03:45 — Elon Musk Adds a Warren Buffett Fortune in 24 Hours

20:45 — Anthropic's Claude Fable Launches Monday, Gets Banned by Thursday

25:00 — Washington Declares War on Frontier AI

39:00 — Europe's Sovereign AI Push Accelerates as Mistral Targets $20B

43:30 — Benchmark Admits Its Biggest Miss: Passing on the Model Labs

45:15 — Salesforce Buys Fin for $3.6B and Rewrites the SaaS Survival Playbook

1:02:00 — Adobe Beats, Raises, and Still Crashes as AI Fears Intensify

1:06:30 — Why Every Legacy SaaS Company Is Trapped in an AI Death…