SpaceX Makes History as Oil Warnings Grow Louder

SpaceX is making its long-awaited public debut in the largest IPO ever, with investors watching to see how the market absorbs a massive new stock offering and whether the excitement around Elon Musk’s space company can hold up once trading begins.Chuck Zodda and Mike Armstrong break down the SpaceX IPO, why the stock is expected to open well above its offering price, and what the surge in related space stocks says about investor enthusiasm. They also discuss the latest signs of progress and uncertainty in U.S.-Iran negotiations, why oil executives are still warning about a potential energy crunch, what the G7 can realistically accomplish on trade imbalances, and whether AI is more likely to create a golden age or a major labor market shock.