A week out from the SpaceX IPO, WSJ business columnist Tim Higgins discusses the interest from retail investors. While the Nasdaq plans to fast track SpaceX’s entry into the Nasdaq 100 index, the S&P will not be fast tracking the company into its own marquee index. CNBC’s Robert Frank reports on the major wealth that the IPO will generate for SpaceX employees and of course, for Elon Musk. Plus, the Senate has voted to pass a reconciliation package that approves immigration funding. Anthropic is urging its fellow AI labs to slow down AI’s development. Rep. Lori Trahan (D-MA) and Rep. Jay Obernolte (R-CA) are part of a bipartisan group of lawmakers drafting AI legislation. Happy National Donut Day!

Leslie Picker - 9:25

Reps. Lori Trahan & Jay Obernolte - 21:16

Robert Frank 31:27

Tim Higgins 35:56

In this episode:

Leslie Picker, @LesliePicker

Robert Frank, @robtfrank

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

T-Minus One Week: SpaceX’s IPO 6/5/26

Squawk Pod

T-Minus One Week: SpaceX’s IPO 6/5/26