Bloomberg reporting based on people familiar with the situation that Elon Musk does plan to merge his SpaceX business with his AI company X AAI. >> He wants to put data centers in space. Elon's view is that we're going to have data centers in space and part of this is about you know putting compute and the idea of space exploration and sort of exploration of the universe together.Um this is clearly part of his vision. Um there is a very good quote that kind of encapsulates a lot of this which is what you kn ...

Well, I think you've effectively hit the head on the nail for the immediate reason. I mean, any commodity that has this parabolic rally that gold and silver had and the new entrants into the market, which be they were flooding in and have been for many, many months now, it really does invite a volatility and be profit taking stroke, liquidation on any news or developments that run counter to gold. And we had a couple of them within a few days and it really did give us a big and deserved, I think, correction ...

Joe Carroll gave us a little overview. This news sending shares of some of these rare earth companies higher, even higher today. What do we know about the president's plans.What does he hope to accomplish here. So all we know right now is that they're launching a $12 billion fund of sorts to allow for something called Project Bolt to purchase critical minerals to put into a strategic stockpile that is specifically available to U.S. private companies. The idea here is we've had a national defense stockpile o ...

Another redhead actually crossing the Bloomberg terminal right now, saying that Space X and Z together would be valued at $1.25% trillion. Again, this is coming from the company memo that Bloomberg reporters have seen. Although we should point out, this information is not yet public.Let's bring Ed Ludlow into the conversation. And Ed, I do want to start off with that $1.25% trillion valuation. And I guess my question to you is how much of that valuation is Space X and how much of that is X AEI, the vast maj ...

Our software is used by developers everywhere. And. And on that basis, then, of course, of course every developer uses NVIDIA software.They use the video software from CUDA to CUDA and then to, you know, tensor or TLM. And so whenever whenever developers want to use our software, we openly support everyone. That's our job supporting developers every development and we support developers all over the world. We have five, 6 million developers around the world.Every developer in the world works with a video, a ...

>> LIVE FROM WASHINGTON, D. C. , THIS IS "BALANCE OF POWER" WITH JOE MATHIEU.JOE: DAY THREE OF THE SHUTDOWN, BUT HOW LONG WILL IT LAST. WELCOME TO THE MONDAY EDITION AS WASHINGTON GETS ITS ARMS AROUND HER FUNDING LABS FOR TREASURY, DEFENSE, LABOR, AND HOMELAND SECURITY. THAT IS HOW WE GOT HERE.IT MIGHT TAKE TIME TO REOPEN THINGS. WE WILL HAVE THE LEAD FROM CAPITOL HILL WHEN WE CHECK IN WITH ERIK WASSON. WE WILL HAVE INSIGHTS FROM THE NEWEST MEMBER OF CONGRESS, WHO JUST WON A SPECIAL ELECTION IN TEXAS AND IS ...

What story is more interesting to you, Ross. Is it Tesla and the possible combination of space X excite AI or is it Disney. Well, the Disney story is a little bit sad for me because I'm just like, I've owned this company for my whole life and in Iger has done a great job, sort of re fixing the business and getting good movies back in the theaters and such, but it just can't seem to get the momentum going in.The valuation for Disney just makes no sense. It's so cheap relative to what they're willing to pay f ...

It's hard to overstate how big and fast of a drop this is for the US dollar. The value of the dollar affects everything from the price of an iPhone when sold overseas, to how much you're going to have to pay for that summer trip to Europe. This story's about the global community losing its confidence in the US dollar and quietly quitting US assets, but this administration doesn't seem to mind it.The dollar had its biggest drop since US President Donald Trump unveiled his universal tariffs last April. Donald ...

Let's start with your holdings in your venture fund, because I'm taking look, it looks like your second biggest holding is Space X, Of course, as we know, that is a private company. One of Elon Musk's company right now in talks to potentially merge with x A. I.and in talks potentially to IPO later this year. I mean, as you digest these news events, how are you feeling about your current slice in Space X, which I believe is about seven and a half percent of this fund. Yes, we're feeling great, especially the ...

What exactly is Project Vault. It's a stockpile specifically for the private sector of what the administration would probably consider critical minerals in critical minerals. Obviously, we know about rare earths.But yeah, I mean, that's that's kind of the main thrust here is the idea that we've we've had a strategic stockpile for defense purposes for ages. The difference here is in the event that the commercial industry, the you know, private companies have a shortage of materials, the administration wants ...