go, spacex! -from revolutionizing space exploration with spacex to leading the electric vehicle revolution with tesla... -there was a time when electric cars seemed very stupid, and it wasn't that long ago. -...to ventures in solar panels, ai, even chips in human brains. -he's not actually using a keyboard. he's moving the cursor with his mind. -his controversial takeover of twitter, now x, cemented his role as both a visionary disruptor and polarizing figure. -he's pushing the bounds. there's something slightly unnerving about that, but also i think we need a little bit of an injection of that in the american psyche. -best-selling biographer walter isaacson spent two years inside musk's universe. i interviewed isaacson last year when his biography of elon musk came out, a work that delves into the convictions and inner demons that drive musk. -the absolute intense person is what's getting his rockets launched. it also makes him a very difficult character. -what does author, journalist, and profe

spacex is may be the biggest contractor nasa has now.a very unique pick for the agency that i don't think we have seen before. caroline: bill nelson. are there ways in which they have protections in place to not have these blurred lines for someone who ultimately does not work for spacex but has piled a lot of is personal fortune using spacex? lauren: i believe there are some areas where he might have to recuse himself. if he has an investment in spacex where he holds shares, it's possible he might have to divest those. if there are major decisions being made about future contracting, it is possible he might have to recuse himself from making those decisions. a lot of the times nasa administrators don't get into those nitty-gritty details. is a lot of open questions a lot of people will be asking. anytime nasa makes a decision on a major contract, those can get quite contentious. we saw that when they put out bids for the human landing system. spacex won but blue origin sued nasa and the government over that decision. those decisions can

spacex value rockets to 350 billion.gains and asset moves around french political story, adding 3/10 of 1%. ftse looking down, 54th record yesterday and modest upside on the gains of yesterday after jumping around. let's have a look, yields up, price down. euro-dollar in focus after the drop that we soar. brent is up as we look ahead to opec-plus and gold is up. closing in on 2000. the spread has widened with the government very lightly to collapse by wednesday. i'm joined by elsa from rbc capital. fanks for joining us. how much is priced in? also: what we have seen, it seems like we are heading to a vote of no-confidence but my colleague peter reiterated most expects the government to fall. tom: why -- why? they can get a budget fru, are you suggesting market sensitivity will be less than expected? elsa: short positioning despite everything below 105, the level of the last week, threats from tru tariffs, to get to euro-dollar. tom: where -- where -- where would a trade war with u.s. take the euro? >> full-blown trade wa

reliance on spacex and _ private firm? reliance on spacex and boeing - private firm?g who had private firm? reliance on - spacex and boeing who had the initial problem initially. this is problem with the strategy within that it would contract within that it would contract with private companies to provide transport services and in no way the strategy is working because they have a choice when there was a problem with boeing they could send a spacex craft to collect suni williams and butch wilmore the issue here is spacex is having this scale up so that having a fit example of their dragon spacecraft and that's the one thatis spacecraft and that's the one that is had some delays in the final stages of production, not usually surprising in itself but these two crewmembers have already been delayed and have to wait another

i mean, the spacex thing is shul phenomenal.ce keeps going up on the private side. i imagine at some point they will go public. but also the way you've got this structured, i understand, a big chunk is spacex, but a bigger chunk the is your index which is your entrepreneur 30. we've talked about that on the show. you put it out in 2005, it's up over 2,000 %, up 62% this year. those are the names that you apply sort of a vc research approach to, right? >> exactly. it's the entrepreneur 30 index. so we launched our fund in august 929, since then it has more than doubled the qs and the s&p, and for the year, we're up 6 2%, the index. 8 a 5% will be tracking the 30 best entrepreneurial companies, and as we've spoken before, nvidia, for example, was entering index in 2005, amazon. so we get these companies very early. and now the rest of it, 15% will be in private equity in names like spacex, and so -- charles: how often do you plan to add names? it sounds like you're being very selective. it's not about quantity, but quality. >> exa

the next closest thing if not better spacex. so we have spacex now in our etf. we're the only ones that do it. people go crazy over spacex. taylor: i want to get to that but first joe, i want to come back to you and i mentioned the economy in the opening. does the economy give the all clear to you? >> well right now, what i'm seeing is an economy that's growing above 3%, well above the long-term trend of 1.8%. you see what's going on in the labor market, absolutely rock solid gains every month. wage gains above inflation for over a year and a half now with a really strong tailwind behind this economy and i don't see why it shouldn't continue. taylor: is it all hinged though, joe, i get worried about on the tax cuts and if we don't get the tax cuts, are we still okay? >> so here is the thing, because we don't know what those look like. i really don't believe the tax cuts are priced in. we won't see that priced in effectively until early next year at the best. what's driving the economy right now are two things. one it's household spending and two, firms are inves

spacex executives assured the defense department that they kept mr. musk out of the most sensitive classified discussions the officials said, yet pentagon officials remain concerned that mr. musk has joined some meetings where such matters were discussed even without the special clearance, the officials said. leading off our coverage is eric lipton, "new york times" investigative reporter. one of the reporters on this elon musk breaking news tonight. this is such a troubling report. and it seems that most of your sourcing comes from within the company? >> there are people who are close to the company who had knowledge of his reporting and lack of reporting relative to foreign contacts that did share information with us, including, you know, one individual who you named who has since left the company. and we have an email exchange that this individual -- you know that he wrote. and that is -- that's among the information that we have. we have multiple reports that parties that are close to the, did that they were concerned about whether or not mr. musk

bruce: they have a contract with spacex to launch on three spacex rockets.hat is a tiny part of their total launch needs. amazon is looking to new rockets from blue origin, jeff bezos' c ompany as well as united launch alliance, the joint venture between boeing and lockheed martin. those companies all have new rockets. among the three, those rockets have launched three times. they don't have a track record. it takes a while to get rockets up and going to frequent launch schedule. it's a big challenge. spacex has its own rockets. tim: elon musk and president-elect trump are tight. $200 million musk spent to help get trump elected. how bad is that for bezos? bruce: musk and the president-elect are close. president trump first term had run-ins with jeff bezos. there was criticism from the president of bezos who owns the washington post. amazon went to court in the first term alleging unfair treatment of the company saying they had been cut out of contracts with dod. there is history. recently we have seen upbeat comments from jeff bezos about the new administra

with spacex you had to kill your food to keep living.out nasa, is it still inspiring? there are a couple of things nasa did well, like the parker solar probe. they launched a probe to study dark energy and jupiter. no commercial company will launch a probe to study the sun. these are things that space agencies do, but the other thing the private sector does much better like spacex is much more efficient at launching rockets than the government is. the trick is going to be finding a happy medium, identifying what the government does well at nasa and identifying what commercial companies do well. there is probably some discomfort at nasa because there are some parts of the agency which have not operated really efficiency. very quickly, we have 20 seconds left, lots of countries in this region where i am, india, japan and china have made great strides in terms of space missions. russia, obviously its space mission is in a state of disrepair, do you think the us will be able to keep up the competition? that's the great question of the next f

spacex hits an astronomical $350 billion valuation.ore on the most valuable start up in the world. ♪ caroline: apple and broadcom stocks on the move today after enders apple is working with broadcom to develop its own server chips designed specifically for ai. the latest report coming from the information. apple will be delivering ai chips of its own. the nuance here we are learning who is doing it? >> this morning apple announced iowa's 18.2, the latest version of ios, going to be available today. eastern. around 1:00 you have a lot of models that run on device itself. those capabilities can be processed on the phone, ipad, mac independently but in some cases they need to go to the cloudlike writing tools, summarizing text, summarizing articles. for that you need your own server infrastructure. what apple has done is created tweaked versions of the m2 ultra chip and the m4 to be cloud-based service to the ai process. what this report says today is there's a new generation version of that chip in development for lunch about two years f

spacex and mr. muscat did not report it at the time. three people with knowledge said that. around that time, the air force denied mr. musk high-level security access. the so-called special access status which is reserved for extremely sensitive classified programs. four people with knowledge said spacex executives assured the defense department that they kept him out of the most sensitive classified discussions yet officials remain concerned that mr. musk has joined some meetings were such matters were discussed, even without the special clearance. leading coverages eric lipton of the new york times investigative reporter. he is one of the reporters on the breaking news tonight. this is such a troubling report. it seems that most of your sourcing comes from within the company. >> there are people that had knowledge of his reporting and lack of learning. they did share information with us including an individual that has since left the company. we have an email exchange and that is among the information we have with multiple reports from parties close to the company. concern

why i personally have met with the company executives , including the ceos from the following -- spacex, blue origin on their landers. and i've met with them personally, boeing on the sls lockheed martin on orion and axiom on the spacesuits and i have showed up with many of these leaders sometimes unannounced to our and their manufacturing and assembly sites. we also routinely engage with our international partners, especially esa, the european space agency, which supplies the european service module, including, we have on several occasions, visited their facilities abroad. and we must have a shared sense of urgency among all these partners. and i think we have that. as i said, the chinese government has announced their intention to land on 2030. it may be earlier. they are not planning to land humans on the vital portions that we're going to land, the lunar south pole, and it is vital for us to land on the south pole so that we do not see -- cede portions of that south lunar south pole to the chinese. we've made significant progress on the artemis campaign over the last four years, we

spacex is earning a big valuation.think they are well on their way to earning it. >> certainly been efficient, that is for sure. thank you, brian. let's get back to these markets. essentially flat right now. we have seen the end of the year you can see the major markets just down ever so slightly. the nasdaq down nearly half of a percent. take a look at ali baba. just cut their price of their large language ai model. they are looking for a larger slice, apparently, of the ai market in china. led take a look at a nuclear energy company that has benefited from ai's need for more power. it is down today by nearly 11% after a law firm announced they are investigating the company at the request of shareholders for potential securities fraud. the stock is down 11%. now this, investors are ported record chattering $1 trillion into etf this year. according to etf g.i. data, acids and us-based etf raised a record 10.6 trillion at the end of november. kyle joined us now. look, etf's are way of investing in a basket of particular

they will likely talk to spacex employees and executives and it's really like a fact-finding mission.ut what we really found through our investigation is that they have been flouting the very important strict rules for years. and just to be clear, this is not like, you know, forgetting to file like a check or a paperwork. this is, you know, these checks and balances that really exist to protect the u.s. state secrets. >> well, right, and this is an ongoing concern because we have reporting tonight through the week that elon musk is sitting in on calls with foreign leaders at the same time that he has massive lucrative government contracts and top secret classified clearance is that right? >> that's absolutely right. and that's exactly why everyone is concerned. his foreign leader meetings, it's unclear really which details of the conversations, if any, have been reported to the defense department. or any of spacex's government customers, and another issue we looked at is he has said himself that he uses ketamine. well that's something you absolutely have to report to the government. a

nasa has launched one rocket and spacex has launched 200. see more efficiency in the space area. why has nasa only launched one rocket in the last few years? well, it's a complicated story, but basically moves to slow cost plus contracts, and there is not really an for a number of years they had nasa you can be sure every year you will get you had to kill your.— you had to kill your. how does the public _ you had to kill your. how does the public feel _ you had to kill your. how does the public feel about - you had to kill your. how does the public feel about naas, i you had to kill your. how does the public feel about naas, is| the public feel about naas, is it still inspiring?— it still inspiring? there are a coule it still inspiring? there are a coume of — it still inspiring? there are a couple of things _ it still inspiring? there are a couple of things nasa - it still inspiring? there are a i couple of things nasa did well, and parker solar probe, they launched a probe to study dart energy and jupiter. these are things that space agenci

the fact of the matter is, spacex is incredibly involved in the national security and spy system. it is helping build a spy satellite network, and also helping create satellites that are used for missile tracking, missile defense programs. it is an incredibly important company and national security for the united states. >> a company and national security who ceo cannot get security clearance to be allowed access to some of what his own company is doing. it seems strange. can i ask about other countries having reported security concerns about mr. musk to u.s. defense officials. do we know anything about the nature of those concerns that they reported? >> the most specific thing was from a colleague that worked on a story with us and it had to do with israel had concerns about whether or not musk could be trusted to maintain state secrets and not communicating with potential adversaries, sharing information that perhaps he had access to. that was one of a number of countries that shared with us, that raised a concern about musk and whether or not, basically could he be trusted. it

but what my colleagues and i basically uncovered is that look, spacex is a major government contractou just pay attention to elon musk's x feed, you can tell me is not your usual defense contractor, right? so we have been hearing from various corners from people with knowledge of spacex, from the government agencies, from worldwide governments, even, that here is this person who is essentially a wild card. and is he living up to these very strict national security rules? so that is kind of how we got on the subject. >> do you feel like, well first of all, some of this, musk has lost the confidence of some of the very people working for him. is that right? >> that's right. i mean, you can always tell when something is wrong when the employees who are working on the very issues, so reporting to the government on behalf of elon musk are complaining to the government that these important rules are being broken. so that is always a major warning sign. >> what are the potential repercussions here? trump in his incoming administration could still offer musk a security clearance anyway could

it says that spacex, payload spacex launches into the he heavens for the u.s. military despite agencies are usually treated as a government secret shared only with select employees at the rocket company who hold special security clearances. musk isn't one of them. it says spacex deepened its ties with the national security agencies in recent years. the company's lawyers advise senior executives not to seek a higher security clearance for musk. that would give him access to details about sensitive programs. spacex is is in involved in, according to people familiar with the matter. you can read that at the "wall street journal." here's mary in richland, washington, republican. hi. caller: hi, how you doing? host: good. caller: i'm sorry, i was texting you earlier because i couldn't get through to the man from missouri. the congressman. and i texted c-span and i didn't know what all you had to put in. i'm with you -- with the lady from new jersey, rhonda that was just on. i want to wish us all a happy holidays, happy hanukkah. and all the other -- happy holidays t

quote, elon musk and his rocket company spacex have rewilled i failed to comply with protocols aimedg state secrets by not providing some details of his meetings with foreign leaders. according to people with knowledge of the company and internal documents. quote, concerns about the reporting practices and particularly about musk himself have triggered at least three federal reviews. the defense department's office of inspector general opened a review into the matter this year, the air force and also the pentagon's office of undersecretary of defense for intelligence and security separately initiated reviews last month, as in november. the air force also recently denied musk a high legal security access, citing potential security risks. quote, in the past three years, nine different countries, including in europe and the middle east, nine different countries have raised security questions about musk in meetings with u.s. defense officers. it seems clear from the reporting that some of these security concerns may have to do with reports about elon musk's drug use. but there's also the

spacex, for possibly violating national security reporting rules. spacex is a major government contractor, winning contracts worth at least $10 billion since 2019. as its ceo, elon musk has some top secret security clearance. joining me now from the washington new york times investigative reporter eric lipton. you and your colleagues. kristen grind and sheera frenkel wrote this very in-depth and interesting piece. you wrote that musk's own employees have complained to the defense department's office of inspector general and other agencies about failing to report information that is required. what are the details of the information that they say was not reported? and what are they concerned about? >> if you get top secret security clearance from the federal government, you have been given the privilege to have classified information that is potentially a national security threat if it's shared with, you know, rivals or enemies of the united states. so once you have that status, there's this process that's called continuous vetting. and so while you h

spacex, a space company, rocket launches satellites. i believe the public reports talked about $350 billion. you look at the top three defense contractors and add them up and are still probably not at 350 billion. the point that i'm trying to make is the opportunity in this domain is tremendous. i think that it is so incredibly exciting. if i look at the space force and words come over five years, certainly, we need to move faster to address the threats. the work, a whole team of people have done is absolutely incredible. i think that, you know, one of the things i'm most proud of for them and what i see and i'm really happy about is the amount of young people about joining that service. the impact that it will make with this relatively small but mighty team. all uniformed and civilian and you just thank them. the mac i think everyone at colleges that there is room for improvement where space force is i am personally happy that we did this proactively. had we waited until we had a pearl harbor in space and then due to political forces i

and nasa has sought to take a new approach to the lunar lander from spacex.ue origin. that's just the beginning. but the real question now is, with the new administration coming in with mr. musk having some influence and somebody he knows well as the nominee to be nasa administrator i think you're going to see some changes. we might see things sooner but at the end of the day, it comes to show me the money. show me the money, show me the money. >> money and of course, you know safety at the very top of the list. but that, of course, is not cheap. keith cowing very grateful to have you. love having you. i hope you come back thank you. all right. time now for sports. the lions playoff bound after a gutsy last second win over the packers. andy scholes has this morning's bleacher report. andy good morning. yeah. >> good morning casey. so lions head coach dan campbell he's arguably the most aggressive coach in the nfl. and he was in a gambling mood last night going for it on fourth down five times. and this was a great game. pick it up in the third quarter. lions

worth surpassed the $400 billion mark — a historic first — as the value of his companies tesla and spacex north america business correspondent michelle fleury has the latest from new york. the richest person in the world just got richer. elon musk now boasts a net worth of $400 billion, making him the first person in history to ever hit that milestone. shares in tesla, his electric vehicle, rose to a new record high on the same day the tech heavy nasdaq index had 20,000 points for the first time in its history. tesla shares have rallied 69% since the election of donald trump but it was a sale of shares at his privately held firm spacex valuing the company at $350 billion that supercharged his wealth. the move boosted the founder's net worth to $439 billion according to bloomberg. last week a delaware judge rejected musk�*s multibillion—dollar pay package but even if it is remote, multibillion—dollar pay package but even if it is revoked, he will still be the world's richest person and as musk prepares to lead efforts to streamline government operations it is perhaps a sign that wealth and

spacex, the other big private sector company, has let them down because their capsule was not ready,upposed to have a crew rotation but the capsule is not quite ready so they have got to wait. a major rescue operation is under way after a passenger ferry in india capsized off the coast of mumbai. it collided with a navy vessel. these are the latest pictures. at least 13 people have been killed. the navy said the boat lost control while undertaking an engine trial in mumbai harbour. it crashed into the ferry which was heading to a popular tourist destination. at least 99 people have been found. this is bbc news. for hundreds of years, residents in one town in northern canada have lived alongside their polar bear neighbours — but scientists are warning that climate change could spell danger. as the temperature rises and melts the ice polar bears need to hunt seals — they are being forced spend more time on land, bringing them closer to people. 0ur science correspondent victoria gill has been in churchill, along with a team of polar bear researchers. there's a polar bear under our tundr

spacex launches sirius xm satellite into orbit. yesterday in butte county, about 3.5 hours northeast of san francisco, two children are in critical but stable condition. the suspected shooter is dead. still so many questions about why the suspect seemingly targeted that school. nbc bay area's ian cull joins us now with the very latest. ian, what are you learning? yeah, in a press conference with the butte county sheriff is still ongoing as we speak right now. it started just before 4:00 and continues at this hour. the sheriff did give us a few updates, though, first saying the five and six year old victims are in critical but stable condition as they continue to receive treatment at a trauma center. they identified them as roman mendez and elias wolford. you can see him there. both are kindergartners. the shooting happened at 1:08 p.m. yesterday at the feather river adventist school near oroville. a chp officer responded two minutes later to find the suspected shooter dead from a self-inflicted gunshot wound. the sheriff identified

he's obviously a spacex customer. i think folks might, you know, suggest some bias there. but i think one of the points i was brought up before, talk about doge, elon musk has been very critical about regulations that have sort of restricted spacex flight operations, from faa and elsewhere, even perhaps on orbit through let's not forget about star link or star shield his defense piece of that, from a leo sat perspective. so there are some sort of regulatory things that aside from funding decisions or program changes that could really be enacted through a net change in leadership or new leadership at nasa. >> i was going to say, i need to find a good space podcast but i think morgan has one. so it is time to get with the program. i appreciate it. you bringing us up to speed telling us a few places to keep an eye on. thanks for your time today. >> thanks so much, kelly. >> roman schweitzer with td calan. >>> trump's department of government efficiency could have a big impact on office space. let's turn to diana olick on that with the ceo of wall brand and wallace, joining us

nasa says spacex needs more time to get that spacecraft ready for flight, pushing that launch back toe march. nasa does not want wilmore and williams to leave until the new crew arrives so the station was recently restocked with everything the crew needs including water, and oxygen. the space agency adds that "special items" to celebrate the holidays are also on board. >> norah: i hope so, we are thinking of those astronauts. manny, thank you. millions of americans are banking on a senate vote to help them through their golden years. an update on social security next. their golden years. an update on social security next. but a treatment can be. keytruda is known to treat cancer. fda-approved for 17 types of cancer, including certain early-stage and advanced cancers. one of those cancers is early-stage non—small cell lung cancer. keytruda may be used with certain chemotherapies before surgery when you have early-stage lung cancer, which can be removed by surgery, and then continued alone after surgery to help prevent your lung cancer from coming back. keytruda can cause your immune sy

the new proposed head of nasa as been on a spacex rocket twice and has invested in spacex.you have? musk has tesla shares, spacex, tesla options that are another piece of this puzzle and a bunch of stuff that is looking pretty small here, but 25 billion in openai, in futuristic things and all of which have gone up enormously in value. as you said, what has happened, his net worth has gone up 135% since the election. $276 billion and is now worth $480 billion, the wealthiest man in the world. half of that roughly since the election. >> and you mention this with spacex and nasa, will conflict of interest concern people if he is running this so-called doge agency. he could have the power to pull federal funding from a competing ev company, for example. this is so far off the fairway that you will never find this ball. when you work in the government you are subject to rigid contracts. obviously he will not divest all of this stuff. he is not even a government employee. which is a whole other legal question about what he can or should be doing. it is an example of kind of the s

spacex, the other big private sector company, has brought them down because —— has let them down becausere supposed to have a crew rotation but the vehicle is not quite ready so they have got to wait and that is the story so far. ., ., ,, , wait and that is the story so far. ., , , far. how embarrassing is this for the company _ far. how embarrassing is this for the company or _ far. how embarrassing is this for the company or is - far. how embarrassing is this for the company or is this - far. how embarrassing is this for the company or is this a l for the company or is this a case of what happens and this is why they experiment? it is a bit embarrassing, _ is why they experiment? it is a bit embarrassing, and - is why they experiment? it is a bit embarrassing, and nobodyl bit embarrassing, and nobody has said anything publicly but spacex must have been feeling a bit smug that they have got to bring butch and suni out because boeing could not get it right, they will be fierce rivals, but they had not delivered on their end of the bargain as well. as for the astronauts, they are probably

. >>> and elon musk and spacex under scrutiny. the allegations of security risks involving state secrets. but just ok isn't ok. sclets. esclets. csclets. rs. . . rinvoq is a once-daily pill that can rapidly relieve joint pain, stiffness, and swelling as fast as 2 weeks for some. and even at the 3-year mark, many people felt this relief. rinvoq can stop joint damage. and in psa, can leave skin clear or almost clear. rinvoq can lower ability to fight infections. before treatment, test for tb and do bloodwork. serious infections, blood clots, some fatal; ...cancers, including lymphoma and skin; serious allergic reactions; gi tears; death; heart attack; and stroke occurred. cv event risk increases in age 50 plus with a heart disease risk factor. tell your doctor if you've had these events, infection, hep b or c, smoked, are pregnant or planning. don't take if allergic or have an infection. done settling? ask your rheumatologist for rinvoq. and take back what's yours. (♪♪) daughter, i know, that when i need you, you'll be there. but it

with one of his many companies spacex.oin us with more on the satellite and space industries is a man who worked with mosque in the past. matt, thank you so much for joining us. >> glad to be here. >> as the report was saying, we are looking at a renaissance in space. next year could be the most exciting years in 30 years. do you agree? is 2025 a landmark year for the space economy? >> we had ten years. i assume next year will be bigger. there has been a lot of investment in the last 10 to 15 years i've been in it. everything is coming together. space is becoming very important right now. >> we have been having a lot of conversations about people traveling to space. a lot of rockets and spacex all over them. what are people missing about the space race at this point as you talk about satellites and connecting people up. what are people missing about the grand scheme of the space economy? >> space is hard and people forget about that. we have a long history. i've been around almost 30 years now, 25 years in service, it is c

. >> nasa has once again delayed the launch of spacex crew ten, which was set to dock with the iss in february and bring them home. those astronauts went to space in june, and they were only supposed to stay for a week, but now they are stuck. and thank you for watching news night. cnn's coverage continues next there is no heroism in what mangione did. >> luigi mangione has received 157 entries or deposits into his prison commissary account. >> i've never seen social media reaction. that is so on a person's side who committed just a blatant murder. >> gun violence is the number one killer of children in this country. that's a legacy we cannot accept. >> how many more lives need to be lost? how many more lives need to be taken for people to wake up? when is it enough? >> moscow furious. and russian politicians have vowed revenge for the generals killing. while acknowledging his death is a major loss live from london. >> this is cnn newsroom with max foster and christina macfarlane. >> hello. and a warm welcome to our viewers joining us from around the world, i'm max foster. it is wedne

fed speak yesterday, spacex is a very good stabilizer.h is up 2100 to % in the last 20 years, and we believe that applovin is still going to do great because on fundamental basis it's still a shining starring but we're not going to increase the position anytime soon. going to stay like that. spacex is our biggest focus now, i'm very, very optimistic. i think we'll give access to to any common if personnel who was derived -- deprived. they finally can get it in an inexpensive way compared to 5.7 for other funds or -- [inaudible] we charge 2.5 and their priced at 10 times nab, that's -- 10 for a $1 candy bar, we charge you only 1. we're priced mark to market, an- charles: charles: it's really amazing. rob mentioned willow. you are buying alphabet and google. >> after fed speaking get, there's a flight to good quality. it is growing revenues. and and for price to earnings ratio. >> you see they have improved dramatically. >> sooner than administrative costs. and anyone who watched you and follow you, thank you, merry christmas. over to liz.

his other company, spacex, it may not be as familiar to people.tion is that it has raised more money and is valued at 67% higher than what it raised in six months early. 67% up in one six-month period. why is that? because spacex is obviously heavily dependent on government contracts and government support for its launches. the new head of nasa, the proposed head of nasa, has been on the spacex rocket twice and has invested in spacex, so i imagine they will get more or less what they want. that is now at $350 billion company, the most valuable private company in the world, as i said. when you put it together, what you have? musk has tesla shares, he's got spacex, he's got tesla options, which are just another piece of the puzzle and then he's got a bunch of stuff that looks pretty small here, but billion, a.i., x, futuristic things, and neural link, all of which have jumped enormously in value. as you said in the lead in, what has happened, his network -- network has gone up 135% since the election, $276 billion. he is now worth $480 billion, the

my dealings, nasa's dealings with spacex are primarily with gwen shotwell. she is the president. to her to run spacex, and they have been phenomenally successful as you can see with their dragon x spacecraft, falcon 9 rocket and the developing of the starship which is to take the lander to the moon. but you asked about "the wall street journal." i don't know that that story is true. i think it should be investigated. if the story is true, that there have been multiple conversations between elon musk and the president of russia, then i think that would be concerning. >> yeah. >> particularly for nasa, for the department of defense, for some of the intelligence agencies. >> okay. fair enough. i'm sure we'll see more about this in the coming days hopefully. friend of mine works actually for nasa doing something i didn't know you all do. he studies sea level rise and ice melt. i think a lot of people just think of nasa as space agency. what can you tell us about what you are doing on the climate side of things? >> nasa is a climate agency, and the reason is, all of those assets up th

spacex will soon provide the ride home for astronauts suni williams and butch wilmore, whose ten-dayte march until the boeing starliner was brought home empty, with concern it wasn't safe for astronauts. 2024 was also another big year for the chinese space program. landing a second robotic mission on the far side of the moon, then returning home with soil samples that suggest ancient volcanic activity. china is moving at full throttle to land its own astronauts on the moon by 2030. that's also nasa's goal for its artemis program. >> it is vital for us to land on the south pole so that we do not cede portions of that south lunar south pole to the chinese. >> reporter: but nasa is now delaying an artemis loop around the moon until 2026 to improve the heat shields needed for re-entry. the goal now, a moon landing in 2027. dr. chris williams. have you dreamed among being the first to return to the moon? >> i actually hope it's me and i get a chance to do that. >> reporter: jared isaacman became the first commercial astronaut to perform a spacewalk in 2024. he's now president-elect trump'

would you imagine that spacex might be part of that. how does that work that potential conflict of interest with the incoming administration and elon musk trying to get those government contracts? >> it is interesting. elon is not part of the government and hasn't filed paper work to show conflicts. going forward here, it's going to be probably democrats who are raising the concerns and pointing out when things happen. i imagine at every turn, that is one of the big conversations. how is this affecting his companies. >> we're showing his companies, starlink and x a.i. and other companies. i imagine president-elect trump is looking at what happened with tesla and elon musk. tim, it's a great read. good to see you as always. thank you very much. >> thank you. >>> coming up, palantir is looking to add to the stellar 2024. it is up almost 380% this year. the reported deal with the u.s. government that is lifting that stock. stay with us. palantir shares up over 1%. at least, not the way it could work. your people are buried in busy work. an

tesla and spacex investor cathie wood will join me live. plus, democrats search for a path forward. who will they choose to lead their party in the new trump era? i'll ask wisconsin democratic party chairman ben wikler. inside politics the best reporting from inside the corridors of power starts now good morning. welcome to inside politics sunday. i'm manu raju president-elect donald trump's stunning saturday evening announcement is sending shockwaves through washington and will put senate republicans in a bind as they return to the capitol tomorrow and confront this question whether to confirm kash patel a controversial maga firebrand, to head the fbi. patel is a trump loyalist who has risen to prominence prominence on the hard right, and he's previously vowed to go after what he believes is a deep state government conspiracy against trump. now, this is a norm breaking move. fbi directors serve a ten year term, all intended to insulate themselves from political pressure and changes in administrations. but trump seems ready to fire the fbi director that he himself appointed in 2017,

obama government and let's look at what you did with spacex.hy can't we do that with other parts of the five primes? to produce costs? i think when it comes to defense, getting better defense for our value and cutting costs, there can be huge bipartisan cooperation. >> martha: and i want to talk to you just quickly as we finish up here, i spoke to you of in march right after the house passed a bill to effectively ban tiktok unless they got -- unless they divested from their chinese owner. you were against that and said you didn't think the bill would pass. first amendment scrutiny, and federal appeals court rejected tiktok's first amendment argument. do you think that will be banned? >> i don't think so. i mean, since i have been -- i was on, i had a minority position. now every politician is celebrating their tiktok following, but let's see where it goes with the supreme court. >> martha: okay. thanks so much for joining us this morning. we appreciate it. >>> up next, we're just six weeks to inauguration day when donald trump promises to launc

and from spacex to the starliner, space news dominated the headlines this year. we're going to take a look back about the big stories and the technological advances coming in the new year. the news at 530 starts right now. thanks so much for joining us on this thursday i'm janelle wang. and i'm gia vang some mixed messages in tonight's making it in the bay report. despite high prices and interest rates, home sales are up in the bay area. the california association of realtors says sales jumped 14% last month, but many potential buyers say they're still sitting on the sidelines hoping to see prices go down. and as our business and tech reporter scott budman found out, that has not happened. here's the good news housing demand is up and people are when they can buying again. there is something that keeps people here, right? tech, jobs, weather, culture. it's still a goal to buy a home in the bay area, but prices are still crazy high in the bay area. he's right. the latest numbers by county show san mateo with a median price above $2 million. a home santa clara a sh

here to share her insights is tesla and spacex investor cathie wood.the ceo and founder of ark invest cathie, thank you so much for joining me this morning. really appreciate your time so thank you very much, manu. >> very great to see you. >> absolutely. and you know, elon musk well you understand his vision. but the question so many people have is what is he trying to get from his relationship with donald trump. i'm wondering what your sense is of that well, i think elon musk is a problem solver a it's clear that we have a lot of problems in the country that actually technology can help solve, especially now that we're in the ai age. >> i think your viewers understand what that means more now because of chatgpt but ai is the most powerful platform shift technology. platform shift in history and we think it's going to do a lot of very good things including bringing efficiencies not only to government, but to businesses and to everyday life. >> before we get into a little bit more about the ai and how trump should handle that on the trump, musk relatio