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SpaceX To Target $75B in IPO at $135 Per Share | Bloomberg Tech 6/03/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX’s plan to offer shares at $135 apiece to raise $75 billion in its IPO, rejecting yet another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. Plus, Palo Alto Networks falls after the company reported its results, failing to meet…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX’s plan to offer shares at $135 apiece to raise $75 billion in its IPO, rejecting yet another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. Plus, Palo Alto Networks falls after the company reported its results, failing to meet elevated buyside expectations. And, candidates backed by tech billionaires and founders fall short in California’s primary elections.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:02:05 – Katherine Doherty, Bloomberg News
00:05:20 – Rebecca Walser, Walser Wealth Management
00:11:28 – Lynn Doan, Bloomberg News
00:16:09 – Brody Ford, Bloomberg News
00:20:21 – Steven Tananbaum, Goldentree Asset Management
00:41:02 – Eliyahu Kamisher, Bloomberg News
00:43:49 – Jay Parikh, Microsoft EVP of CoreAI
00:47:25 – Dina Bass, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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6 Comments

6 Comments

  1. @ExecutiveCryo

    June 3, 2026 at 2:49 pm

    0:15 0:40

  2. @willrose09

    June 3, 2026 at 4:02 pm

    how do I stop the Amazon ad? it’s annoying

    • @MarvelGirl100

      June 3, 2026 at 9:23 pm

      I ASK THE SAME THING ABOUT UGLY ADS.
      AND TO BE ASKED TO PAY FOR CONTENT WITH NO ADS IS RUDE.
      ALL THE BEST

  3. @indianapapi

    June 3, 2026 at 4:11 pm

    Saying you want less gov and lower taxes is never going to work in Cali, Washington state, Illinois, and NY state. Those populations like the opposite. Just like bigger government and higher taxes don’t fly in states like Texas, etc.

  4. @vme90-y7l

    June 3, 2026 at 4:43 pm

    Palo Alto Networks – $100M: too much is just fucking too much!

  5. @vme90-y7l

    June 3, 2026 at 4:45 pm

    Adobe’s software is terrible to use. Gets some new blood.

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Bloomberg Technology

Crusoe CEO: Data Center Indusry Has a ‘Marketing Issue’

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and…

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Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a “marketing issue” and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Former FTC Technologist Warns Against an AI ‘Cartel’

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and…

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As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Anthropic Investor Franklin: AI Safety Concerns Won’t Slow Spending

Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why…

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Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why heightened AI safety concerns could boost demand for cybersecurity and why she doesn’t expect the debate to derail funding or anticipated AI IPOs. She joins Ed Ludlow on “Bloomberg Tech.”
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