WATCH SPACE

“57 of 77 forest service labs nationwide are on a list to shutter. Scientists at these labs study everything from pollinators to wildfires. The agency said this week the closures don't mean an end to research; it's just relocating small teams to other spaces.”

“Integrity and her crew of four astronauts flew 700,237 miles. We hit our flight path angle target within point 4%. We flew an entry range of 1,957 miles, and we landed within less than a mile of our target. What a tremendous day.”

“Apollo was when I was a child, and to be here now and say we actually did this. We've gone back, and we're gonna go, build a moon base. We are going to have an enduring presence on the moon. Just incredibly powerful.”

“Surging gas prices helped push inflation to 3.3% in March, the largest increase in nearly two years. That's according to the latest numbers by the Labor Department. The average price for a regular grade is now $4.15 per gallon.”

“As for humans who have looked at the moon our entire lives, it just looked different out the window, and that is wild. It just really put our place in the universe in perspective.”

“A sharp spike in gasoline prices during the war triggered a surge of inflation last month. Consumer prices in March were up 3.3% from a year ago. That's the biggest annual increase in twenty two months. Stripping out volatile energy and food prices, core inflation was 2.6%, high enough to make the Federal Reserve cautious about additional cuts to interest rates.”

“Vice president JD Vance is expected to arrive in Islamabad today at the head of a US delegation, which includes president Trump's son-in-law, Jared Kushner, and special envoy Steve Witkoff. They are to hold talks tomorrow seeking to shore up a cease fire, shaky over Israel and Hezbollah exchanging fire and Iran's choke hold over this trade of Hormuz.”

“The jury in the civil trial against concert giant Live Nation finished its first day of deliberations on Friday. 34 states have charged that the company and its ticketing arm, Ticketmaster, have driven up the cost of watching live music across the nation.”

“In the old agreement, for example, Microsoft had to pay a percentage of their cloud revenue to OpenAI because of this exclusive OpenAI offering that they got to sell to their customers. Well now, they don't have to pay revenue share to OpenAI. And while it's no longer exclusive, they still get to sell OpenAI's products to all of their customers. In other words, Microsoft's cloud revenue just went up. At the same time, Microsoft still has significant control over OpenAI.”

“The astronauts will hit Earth's atmosphere going nearly 24,000 miles per hour. One source of anxiety, the heat shield. After a test flight without a crew found some unexpected damage a few years ago, NASA investigated and changed the reentry procedures to deal with this issue.”

“I think long term, that it's just impossible to believe this is not gonna have some sort of a pretty serious economic impact. But when the majority of the S and P is is fueled by companies and services and tech, whether it's JPMorgan or Microsoft, those companies don't seem to be I mean, in many ways, those companies gonna benefit from this. I mean, there was talk of data centers being bombed, but not really. The tariffs don't affect them.”

“The submitted plans from the Harrison Design Firm show a structure very similar to the model that Trump showed off at a fundraising dinner at the White House last October. The proposed arch bears a striking resemblance to the Arc De Triomphe in Paris and is topped with two eagles and a winged crowned figure reminiscent of the Statue Of Liberty.”

“The Trump administration is taking steps toward automatic registration for the military draft. The selective service has required eligible men ages 18 to 25 to register since 1980. The agency says it will begin registering men automatically instead of requiring them to sign up themselves.”

“Fans in LA went from ecstatic to heartbroken when they logged on to buy Olympics tickets and saw prices in the hundreds and thousands of dollars. Seats at the games start at $28, but go as high as 5,500, including a whopping 24% service fee on each ticket. And the cheap seats sold out fast. Denny Nivens has been to eight summer games and said he's never seen price tags so high.”

“A staff wide email from the White House management office put Trump officials on notice over prediction market sites like Koushi and Polymarket. It said it's a criminal offense to use nonpublic information to make money on betting markets about federal policy, military strikes, and war. It comes as a number of suspiciously well timed bets have raised alarms, including 6 figure poly market bets on a ceasefire.”

“SpaceX filing for IPO at two trillion is a market-defining moment.”

“The Southern California Music Festival, which has been running for more than twenty five years, is one of the hottest tickets of the festival season. And the Colombian star, Carol G, will make history on Sunday night as the first Latina to ever headline the festival.”

“Jeff Bezos seeks $100 billion for his latest project. Jeff Bezos' $100 Billion Fund: The End of 'Doing It the Hard Way'. We look at the scale required to compete today and why the traditional paths to building massive enterprises are being rewritten by the world's wealthiest individuals.”

“The prime minister also drew parallels between Russian president Vladimir Putin and president Trump, saying he was fed up with the fact that British families would see their energy bills rise because of, quote, the actions of Putin or Trump across the world. Before this latest surge in prices from The US and Israel's war in Iran, the Russian president's invasion of Ukraine had already pushed up energy prices.”

“My takeaway is nothing's changed. Cease fire, no ceasefire. Blockade, no blockade. Seen this movie before. They said Iraq would be six weeks. It was eight years. They said Afghanistan would be $200,000,000,000. It was $2,000,000,000,000. Trump just requested 1 and a half trillion dollar defense budget for next year up from 900,000,000,000. I mean, I think all the signals are clear that this war isn't gonna end anytime soon. So I think it's gonna continue to 2027.”

“The Trump administration has released plans for a massive arch to be built in Washington DC. The project is meant to mark the nation's two hundred fiftieth anniversary in July, though details on funding and approval remain unclear. Critics say the proposal would mark a significant departure from how sitting presidents typically approach public memorials.”

“From Iran's perspective, they feel emboldened. This war that started with a call to replace the regime, well, one Khamenei was replaced by another Khamenei. So the regime is still there. It is proven that it can withstand the most powerful army in the world and the most powerful army in the region, Israel. And it discovered the Strait Of Hormuz and what havoc it can wreak, not only on The Gulf, but on the entire globe.”

“SpaceX has also created, and this is going to be a big part of the valuation analysis that many are doing, they've created a backup to the Internet. The Internet is fundamentally limited by all of the nodes on the network and the connectivity amongst all those nodes, and that connectivity is largely driven by copper and fiber optic cable. So in space, with the number of satellites going up with Starlink, and to actually deploy data centers that can output data on those nodes.”

“RAMP data suggested that Anthropic now captures 73% of all spending among companies buying AI tools. The marginal buyer in the last 6-8-10 weeks has massively shifted, which is obviously the most leading indicator. People in the market today for a new AI went 70% on Anthropic. I think the data was good and the conclusion is real.”

“McIlroy was on fire on the back nine. He had back to back birdies on the twelfth and thirteenth holes, then ended with a flourish. Four straight birdies to wrap up the round, including a remarkable 90 foot chip shot from off the green that rolled in.”

“Like, the, you know, the the idea that so firstly, Nasdaq had to change all of their rules to allow this inclusion because normally a company needs to be you know, there's a list of rules as to how they weigh, you know, a low float company going into an index, how long it's been public, because the idea is it needs to be seasoned in the market and sort of find a valuation with real buyers and sellers. So normally, you would expect it to take about a year, at least, to even consider adding it. Fifteen days is unheard of, and then getting rid of the the caps for the the float on it. You know, Reuters reported that this is because Elon Musk negotiated with Nasdaq and said, you know, we we can list this thing on the NYSE, we can list it on the Nasdaq, we can list it wherever we want.”

“Today's number, ninety. That's how many seconds Russell Brand spent trying to find his favorite bible quote live on Piers Morgan before he finally gave up. The former comedian was on the show to discuss his new book, How to Become a Christian in Seven Days. Sources say step one is to be accused of sex crimes.”

“Israeli prime minister Benjamin Netanyahu says he has authorized direct negotiations with Lebanon aimed at disarming the Iranian backed Hezbollah militants, making the announcement Thursday amid disagreement over whether the Iran ceasefire includes Lebanon. British prime minister Keir Starmer describing the ceasefire as fragile and has criticized Israel's strikes on Lebanon.”

“My prediction is the following that the biggest IPO in history will be SpaceX. It'll get out. The best performing IPO will be anthropic. I've never seen that company has more momentum right now than any company, and this is the big prediction. I don't think OpenAI gets out. I think that the numbers are so stark right now for OpenAI that and they're it's gonna be so overshadowed by the upward trajectory of Anthropic. I think they're gonna come up with a jazz hands reason for why they're delaying the IPO.”

“SpaceX is no longer a science project; it's the primary infrastructure for the new space economy, and an IPO would be the largest liquidity event in history.”

“Iran's foreign ministry says it won't be involved in talks unless Lebanon is part of the deal. Israel insists its fight with Hezbollah is not part of the two week ceasefire between The US and Iran and continues hitting Hezbollah targets in Lebanon. Wednesday, Israel struck multiple targets including in Beirut, killing more than 300 people.”

“And the autonomous competency is what led to the robotics revolution. And the robotics revolution, even if the socialists ban robotics on earth and tell us no robots allowed, they're taking all the jobs, you could ship all those robots to the moon and they could get to work and create an entirely new manufacturing frontier for our civilization, for humanity. That frontier can manufacture precious metals and other goods and ship them back.”

“Rory McIlroy has set a PGA Masters tournament record. After 36 holes, he holds a six stroke lead over Sam Burns and Patrick Reed, who were tied for second with two rounds left. McElroy is the defending champion.”

“Hundreds of TSA workers resigned during the recent pay disruption, and experts say it can take months to hire and train replacements. That means staffing levels can vary by airport and even by the time of day, creating unpredictable wait times for travelers.”

“I will find out what's going on. They're militarily defeated, and now, we're gonna open up the Gulf with them with or without them. But that'll be open. We're gonna be, or the straight as they call it. And I think it's gonna go pretty quickly.”

“57 of 77 forest service labs nationwide are on a list to shutter. Scientists at these labs study everything from pollinators to wildfires. The agency said this week the closures don't mean an end to research. It's just relocating small teams to other spaces.”

“The Americans are led by vice president, JD Vance, and the Iranians by the parliament speaker, Mohammad Baher Ghalibaf. The negotiations are based on a 10 Iranian plan that includes an end to attacks and sanctions on the country. Analysts warn negotiations will take time, and it's unlikely one meeting will resolve this conflict.”

“The scientists found that the same neurons that fire when someone looks at an object also fire when a person imagines that object. The finding supports earlier evidence from brain scans suggesting that seeing and imagining activate the same circuits.”

“Seeing Doug Leone return to the helm of Sequoia is truly fascinating.”

“The Artemis two astronauts are preparing for a return to Earth this evening. The three Americans and one Canadian are now under 150,000 miles from home after setting a new distance record during Monday's lunar flyby. They're aiming for splashdown in the Pacific off the coast of San Diego.”

“The thing that struck me about the deal and its announcement is that, you know, that saying, statisticians lie and liars use statistics. This number just feels like such bullshit to me. First off, nobody's cashing a check for $60,000,000,000 here. I'd love to see the deal terms, but if it's something along the lines of, if we go public, you're gonna get and you're here for one, two, three, four years, you'll get point five, one, 3% options on 3% of the company and at a $2,000,000,000,000 market cap, that's 60,000,000,000.”

“So the big drivers of the emerging markets for the last better part of last two, three years now have been the submission of your place, specifically in Taiwan, TSMC being the big one, and South Korea, the memory companies, SK Hynix and and Samsung. And in one stat that's pretty mind blowing is that if you look at it on a year to date basis, those three semiconductor companies, TSMC, Samsung, SK Hynix, are driving almost 70% of the entire index's earnings growth. So this has basically become a one way bet on the CapEx build out that you're seeing.”

“Flights are more expensive because fuel prices are increased due to the Strait of Hormuz being mostly closed for the last four weeks. In the Middle East region, aviation data showed more than 46,000 flights cancelled since February 28th, when the US and Israel began attacking Iran.”

“First off, they demonstrate excellence. They are someone who came up through the ranks, and they were just outstanding of what they did, and they understand the business. So Tim Cook is arguably the best supply chain person in the world. A A guy like David Solomon had a reputation for being a great trader. I think Jamie Dimon was a great investment banker, a wealth management guy. These guys are just, you know, they're just very they they are better at a component of their business than almost anyone.”

“Having the CEOs of the companies you are meant to regulate sitting in the West Wing effectively means the industry is writing its own rulebook.”

“President Trump has not said anything about the missing airmen. But earlier today, he threatened to unleash, quote, all hell if the Strait of Hormuz wasn't open by Monday.”

“There's a company I can't think of their name now, but they they launched one NVIDIA chip into space in a little satellite, to run an AI program where I think it was meant to, you know, learn the works of Shakespeare or something like that. It constantly had to be shut down because it overheats, because it's very difficult. You know, everyone says, well, space is cold, but it's also a vacuum, and you need air blowing over something or water or whatever to cool it, via convection. If it has to cool radiatively, you need these massive, massive cooling fins on it. And so the next version of this tiny, you know, Shakespeare satellite is going to have the second largest cooling array in space behind the International Space Station.”

“Easter comes this year into a world torn by wars in the Middle East and Ukraine, and at a time of great political strife in the US., yet Christians around the world celebrate, as they have for millennia, the resurrection of Christ, as the triumph of light over darkness, peace over violence, life over death.”

“When we started this pod, OpenAI seemed invincible no matter what Anthropic did. It seemed and everything you can just smell this era, this air of desperation. OpenAI, I'm getting whiplash from everything. And the Debbie Downer-ism, it's not going to last. I actually don't want to try their new products because of it.”

“I don't think OpenAI gets out. I think that the numbers are so stark right now for OpenAI that and they're it's gonna be so overshadowed by the upward trajectory of Anthropic. I think they're gonna come up with a jazz hands reason for why they're delaying the IPO. Yeah. I think that's gonna be really interesting. And I think the other thing to be to keep an eye on and the big moment is gonna be when these companies release their s one filings to the public.”

“The four Artemis two astronauts are now heading in get to medical evaluations, this after a ten day journey to the far side of the moon. The spacecraft had a near perfect return to Earth Friday evening, landing in the Pacific Ocean just off the coast of San Diego, and then the astronauts were imported into a ship.”

“And they have, at the moment, around 10,000,000 paying customers, I believe. You know, there's some analysts out there, and they said that that, that they would reach 1,200,000,000 customers. Now, that's quite an amazing number when you look at the population of the planet who are like, there's 1,000,000,000 people on the planet who earn $35 a day, which comes to a bit under $12,000 a year. They will not be paying for, you know, $150 a month Internet access.”

“Getting to the moon, I think, is going to be very important, not just because there's this important social milestone and race happening on right now with China, but I think the moon could end up being kind of the next industrial frontier for humanity. And the reason is, if you can get to the moon, the moon has an extraordinary abundance of material that we can mine, process and manufacture into goods.”

“But the most important positive thing that will happen from the IPO is a validated external mark-to-market valuation of SpaceX. And the market every day in real time gives you a valid mark-to-market assessment of the value of Tesla. And this allows you to put these two things together to minimize these losses. And I think that that's what Elon really needs. It'll make his life tremendously simpler from a governance perspective.”

“Well, he's first ballot hall of fame for business. He is the most successful successor in history. And you weren't around or you weren't of professional age when Jobs died. But what happened, there was this weird shift in our society where we transitioned from the idolatry of athletes and government leaders and actors to innovators, and that is because of it, I think I think as as attendance religious institutions went down, we still wanted kinda godlike answers.”

“The removal of Delve from Y Combinator is a very rare occurrence.”

“Who the hell is going to buy them if they don't IPO? I just worry there's some ratio of potential acquirers divided by unicorns, and I think we're at the lowest ratio of our careers. I just don't believe the hyperscalers are going to buy these companies. Basically, it's win or die. I would have a code red on this.”

“SpaceX at $2 trillion after Tarifab, the debrief on Grok's $20 billion deal to Nvidia, and much, much more. SpaceX at $2 Trillion: Elon's Insane Plan to Build Data Centers in Space. We explore how they are leveraging their launch capabilities to dominate the infrastructure layer of the space economy.”

“While talking to reporters from space, astronaut Victor Glover said he'd been thinking about the return to Earth ever since he was assigned to this mission a few years ago. We have to get back. There's so much data that you've seen already, but all the good stuff is coming back with us. There's so many more pictures, so many more stories. And riding a fireball through the atmosphere is as profound as well.”

“Supabase is now targeting a ten billion dollar valuation in this round.”

“And it it's the the valuation they're talking about, to be clear, they're talking about a 125 times sales. So that's not earnings, that's sales. And we don't even really know what the earnings are of SpaceX. There was, you know, the Reuters published that they had EBITDA of, $8,000,000,000. But EBITDA is not earnings. It's earnings before, essentially, the cost of building satellites and building rockets, you know, which for SpaceX, you have to imagine is a significant cost.”

“Anthropic has now officially overtaken OpenAI on a run-rate basis.”

“The interesting one is Israel's market is up, 9%. And I think what people have, I think if you try and read into it, the market has basically decided that that Israel is the new superpower, is the superpower, the definitive superpower in The Middle East and its tech sector. I mean, I I think the market is betting that their technological, excellence, as demonstrated during the war if you look at many of the a lot of people would argue who argue for military spending that the spillover effect is actually accretive.”

“We have to look past the daily headlines and realize the sheer capital being incinerated in this conflict is a massive tax on global growth.”

“Hotter temperatures means less sea ice. And for emperor penguins, which rely on sea ice for breeding in his places to rest, it means fewer penguins are surviving. Twice in recent years, the ice has broken up early, causing thousands of chicks to drown in the frigid water. The International Union for the Conservation of Nature says emperor penguins are now considered to be endangered.”

“Our view is that The Straits are still very much closed. Oil Brent oil is close to a $110 per barrel. And if you look at the refined products of gasoline, diesel, jet fuel, they're closer to $200 per barrel. And you're already seeing an economic slowdown across most Asian countries, and that our view is that the next leg will be in Europe. So so we're actually think the markets are being very complacent about the risk of an oil shock or a higher for longer oil environment.”

“The lies linking me with the disgraceful Jeffrey Epstein need to end today. The individuals lying about me are devoid of ethical standards, humility, and respect. Melania Trump also denied that Epstein introduced her to Donald Trump and said she is not one of Epstein's victims. She urged congress to hold public hearings for them.”

“Pakistan's prime minister called the talks, quote, make or break for whether a fragile ceasefire will hold. That's after the country's leaders wrangled behind the scenes and then publicly for weeks to make them happen. Journalists have been corralled into the city's convention center waiting for any news about how exactly these talks will look.”

“SpaceX filed, confidentially, to go public on April 1st, targeting a $1.75 trillion with a T valuation. When SpaceX goes public, if it's at that $1.75 trillion valuation, so weird to say trillion dollar valuation for an IPM, they would be the eighth largest company in the world, right behind TSMC and Saudi Aramco. They're aiming to raise Chamath $75 billion, which would be by far the biggest raise ever in an IPO.”