richest man in the world he's named his shuttle after the first american in space you imagine how alan shepard must have felt. all those years ago must have been pretty cool. because we get to ft business is certainly a great salesman but is there really a market for such high priced space trips. this vehicle is going to carry humans we're going to make it is safe as we can make it we're going to past it going to take any short cuts so we'll put humans on this vehicle when we're ready and not a second sooner but he'd better not white too long of a billion is are already snapping at his heels british entrepreneur richard branson and tesla c.e.o. elon musk all want to fly tourists in just base and they're spending a fortune on their plans space program will cost around two and a half billion dollars whether you'll be able to walk to tickets from amazon remains in the us. we've reached our final frontier now it's time to enjoy a business update catch more from us on social media from maine and the business team how to write we kept. his word. goddess for. the maestro and famous. beethoven song tw

alan about how to set it up. >> so what -- are we going to pay? >> yes. it all the stuff. >> shepard: we're also learning more about the conversation michael cohen recorded about his dealings with president trump. meantime, a live look at granite city, illinois outside st. louis. president trump is expected to speak in this news hour. we see if he has anything to see about the news at hand. rick leventhal begins live in new york city. rick? >> i called michael cohen this morning but didn't get a chance to ask him about this. he said he was in a meeting with his later. he said he would call me back but hasn't yesterday. his attorney said that cohen had a habit of using his phone to record conversations instead of taking notes claiming that he never intended to make use of the recordings and didn't intend to be deceptive. the government reviewing more than 100 recordings in all. davis says cohen is covering for telling the truth and sees himself alone against the president, rudy guliani and the whole administration. the "wall street journal" says cohen's recordings include a two-hour c

alan -- >> what finance something. >> paid -- >> pay with cash? >> no, no, no. >> check? >> shepard: just a couple weeks before that taped conversation, executives with the national inquirer's parent company ami reached a $150,000 deal to pay the former model for her story about the affair with president trump that she alleges. the tabloid never published the story. they bought the story and then hid it from the public. it's a move known as catch and kill. trump's lawyers are now fighting back. we'll have their response ahead. meantime, here's how the president reacted publicly on twitter today. what kind of lawyer would tape a client. so sad. is this a first? never heard of it before. why was the tape so abruptly terminated? cut? while i was presumably saying positive things. i hear there's other clients and many reporters that are taped. can this be so? too bad. fbi agents seized the recording and reported 12 others and troves of documents when they searched cohen's office and home in april. the feds are looking into coh cohen's dealings. cohen admits he paid stormy daniels $130,0

. >> shepard: we're learning more about the trump organization's top money man after the feds called him to testify before a grand jury. his name, alanselberg. our corporate cousins broke the story. they quote a source that describes him, i'm quoting here "the most senior person in the organization that is not a trump." his connection to the trumps the date back decades. he worked for the real estate firm trump's father owned. he over saw many of the personal dealings, household expenses, boats, planes, mostly everything. now he's linked to the hush money payment for a porn star and talk about a possible payment to a play made. what is clear is how close he is to the trump family. there's no disputing that. president trump wrote way back in 2004, alan has been with me for 30 years. he knows how to get things done. now it's more than 40 years. let's turn to nicholas johnson from axios. he's live from d.c. good to see you. >> how are you? >> shepard: what is the thinking on mr. weisselberg and what he might contribute? >> i thought the way chris wallace led us is great with michael cohen. he was subpoenaed and became entrapped in this