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SpaceX Wavers Near $2T Market Cap After 3-Day Rout

6/23/202644 min

Bloomberg’s Ed Ludlow breaks down why SpaceX shares are feeling a gravitational pull as Musk's company launches its debut bond sale. Plus, tech stocks sell off worldwide as Wall Street gets an AI wake-up call, and Menlo Ventures partner Venky Ganesan joins after the firm raises its biggest fund ever with $3 billion to back AI startups.

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First 90 seconds
  1. Speaker 10:00

    My SUV's worth more than ever. Time to upgrade?

  2. Speaker 20:03

    There's never been a better time. At Plaza Auto Group locations, get top value for your trade and shop hundreds of new and pre-owned vehicles across 11 locations. And if you can't come to us, we'll come to you. With best-in-class pricing, unbeatable trade values, and 70 years of trust, it's easy to see why families choose the Plaza Auto Group. Plaza Auto Group, celebrating 70 years family-owned and operated. Visit plazaautogroup.com.

  3. Jennifer Zabasajja0:29

    [upbeat music] A new chapter in global growth is being written, and much of it is happening in Africa.

  4. Speaker 40:35

    Africans need to invest.

  5. Ed Ludlow· Host0:37

    There are deals to be done and business to be won.

  6. Jennifer Zabasajja0:39

    I'm Jennifer Zabasajja. Every week on the Next Africa podcast, we track capital flows and political shifts shaping the continent's future.

  7. Mark Gurman0:47

    The digitalization of Africa is gonna power its growth.

  8. Roland Busch· Guest0:50

    Ridding the world of something like HIV is possible.

  9. Yahira Anand0:52

    Population growth is so enormous in Africa.

  10. Jennifer Zabasajja0:55

    Listen to Next Africa on Apple, Spotify, or wherever you get your podcasts.

  11. Natasha Mascareñas0:59

    [upbeat jingle] Bloomberg Audio Studios. Podcasts, radio, news. [upbeat music] Bloomberg Tech is live from the heart of Silicon Valley with Ed Ludlow in San Francisco.

  12. Ed Ludlow· Host1:20

    This is Bloomberg Tech. Coming up, SpaceX shares feeling gravitational pull as Musk's company launches its debut

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