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SpaceX Raised $111B — It Already Needs More

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Ed Elson is joined by John Foley to unpack why SpaceX is looking to borrow $40 billion, what’s driving its stock, and whether he thinks the current price is justified. Then, Ronan Farrow returns to break down the rise of the annoyance economy and the legislation aimed at combating it. Finally, Ed shares his take on OpenAI’s reported breakthrough in solving some of the world’s most difficult math problems. John Foley is the head of the Lex Column at the Financial Times. Ronan Farrow is a Pulitzer-winning journalist at the New Yorker. Timestamps 00:00 - Intro 00:51 - Market Vitals 01:27 - SpaceX Borrowing Plans (ft. John Foley) 18:38 - Ad Break 19:51 - The Annoyance Economy (ft. Ronan Farrow) 30:53 - Ad Break 32:19 - OpenAI Math Solutions 35:41 - Credits — Vote for Simply Put at the Signal Awards https://vote.signalaward.com/PublicVoting?utm_campaign=signa5_entrant_finalistnotification_092926&utm_medium=email&utm_source=cio#/2026/shows/craft/best-podcast-newsletter Subscribe to the Prof G Markets Youtube Channel https://www.youtube.com/@ProfGMarkets Subscribe to the Prof G Markets newsletter: https://links.profgmedia.com/markets-newsletter Order "Notes On Being A Man" now! https://amzn.to/4nl4VKo Subscribe to No Mercy / No Malice: https://links.profgmedia.com/nmnm-yt-sub-desc Follow Markets on Instagram: https://www.instagram.com/profgmarkets/ Follow Scott on Instagram: https://instagram.com/profgalloway Follow Ed on Instagram, X and Substack: https://instagram.com/ed_elson_/ https://twitter.com/edels0n https://substack.com/@edwardelson Note: We may earn revenue from some of the links we provide.

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