Morning Brew Daily

SpaceX Files for Blockbuster IPO & Nike Can’t Fix its Problems

·30 min·2 clips
SpaceX confidentially filed for what could be the largest IPO of all time, potentially raising $75 billion.
The episode opens with hosts Neal Freyman and Toby Howell discussing a successful April Fool's prank and technical issues from the previous day. They then dive into the main news: SpaceX has confidentially filed for an IPO, with projections valuing it around $1.75 trillion and aiming to raise $75 billion, which would be the largest IPO ever, surpassing Saudi Aramco. The filing combines SpaceX with Elon Musk's other ventures like XAI and Starlink, though XAI is reportedly burning $1 billion monthly. The Artemis 2 mission successfully launched despite a toilet glitch. Nike reported poor earnings, with shares dropping 15% due to weak sales in China and a 35% decline in Converse revenue, challenging CEO Elliot Hill's turnaround efforts. Anthropic accidentally leaked thousands of internal files, including 512,000 lines of source code for Claude Code, revealing features like 'dreaming' and hidden AI behaviors, which competitors could exploit. After a break, the hosts present 'Neil's Numbers': a new overtime tax deduction is highly popular, a study shows grad school ROI varies greatly by field, and research links album release days to increased traffic fatalities due to distracted driving. Final headlines cover Trump's address causing oil price spikes and stock tumbles, Hershey reverting Reese's to original recipes after public pressure, and a $20 million insurance fraud scam on Mount Everest involving guides poisoning tourists. The episode closes with credits and sponsor messages.

As heard by us

Nike's inventory problem meets a World Cup-sized chance to reset its sports image.

This single-episode review is strongest when it treats Nike's inventory problem as a sports-business story rather than just another retail wobble.

Read the full review in PlayNext →

Why you'd press play

Want Nike's closet crisis, SpaceX going public, and an AI leak with a Tamagotchi twist?

Read the full recommendation in PlayNext →
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