Making sense of SpaceX’s messy IPO (and its messier CEO)

About this episode

The episode discusses SpaceX's upcoming IPO and the implications of its unprofitability, featuring guest Nitish Pahwa.

With SpaceX planning to go public on June 12th, we brought on Slate’s Nitish Pahwa to dive into what it all means. How can an unprofitable company justify an IPO, and what does it plan to do with all that money? And how can we square the tech and finance world’s excitement over this IPO when Elon Musk spent this week inciting the Belfast race riots ? SpaceX may have the largest IPO ever, how will it change the tech investment landscape? – 1:13 A few stray thoughts on WWDC 2026 – 38:33 Meta silently adds, then deletes facial recognition code from its smart glasses – 44:08 Anthropic’s Fable AI brings Mythos’ coding power to consumers – 45:47 Around Engadget: Rivian R2 first drive and a review of the Logitech Mobi Fold – 51:50 Pop culture picks – 52:20 Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

People in this episode

Guest: Nitish Pahwa

Topics covered

• SpaceX IPO
• Elon Musk
• tech investment
• WWDC 2026
• Meta facial recognition
• Fable AI
• pop culture

Keywords

• SpaceX
• IPO
• Elon Musk
• Belfast race riots
• Meta
• facial recognition
• Fable AI
• tech investment

Mentioned in this episode

Organizations: SpaceX, Meta, Anthropic, Engadget

Products: facial recognition code, Rivian R2, Logitech Mobi Fold, Fable AI, Mythos’ coding power

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