Part 14/17:
SpaceX, Musk's aerospace company, is rumored to consider going public possibly next summer, with a valuation supposedly reaching $1.5 trillion. Ron Baron's comments indicate significant investor interest, and while the investment hurdles are high, the potential for growth remains substantial, especially with upcoming satellite launches and lunar/mars missions.
Legacy Automakers Struggling in Transition
Ford disclosed a staggering $19.5 billion impairment related to EV investments—a sign of the challenges faced by traditional automakers trying to pivot to electric vehicles. Ford's decision to cancel the all-electric F-150 Lightning in favor of hybrid models reflects ongoing struggles to balance profitability and innovation.