Elon Musk Is Betting Big on Retail Investors With SpaceX’s IPO

About this episode

The episode discusses Elon Musk's strategy for the SpaceX IPO, the impact of retail investors, and recent economic trends including rising consumer prices.

P.M. Edition for June 10. Everyday investors have coalesced into a market-moving force in recent years. WSJ markets reporter Hannah Erin Lang how Elon Musk is tapping that force for the SpaceX IPO. Plus, we exclusively report that the U.S. Attorney’s Office in Washington, D.C. has subpoenaed some of the country’s biggest banks as part of a probe into “debanking.” And consumer prices rose 4.2% last month, hitting a three-year high and causing stocks to dive. We hear from Journal economics reporter Harriet Torry about what the war in Iran has to do with it. Alex Ossola hosts. The WSJ Guide to Choosing a World Cup Team (and Your Backup) Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Alex Ossola

Guests: Hannah Erin Lang, Harriet Torry

Topics covered

• retail investors
• SpaceX IPO
• debanking probe
• consumer prices
• economics
• market trends

Keywords

• Elon Musk
• SpaceX
• retail investors
• debanking
• consumer prices
• economics
• U.S. Attorney’s Office

Mentioned in this episode

Organizations: SpaceX, U.S. Attorney’s Office, WSJ

Places: Washington, D.C.

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