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SpaceX to Pursue 2026 IPO Raising Above $30B, Investors Await Fed | The Opening Trade 12/10
1:36:06
Bloomberg Television
SpaceX to Pursue 2026 IPO Raising Above $30B, Investors Await Fed | The Opening Trade 12/10
Stocks were broadly mixed and largely muted as investors awaited the Federal Reserve's December rate decision. Meanwhile, JPMorgan stocks fell as much as 5% in New York, after the global banking giant unveiled higher-than-expected costs for next year. Bloomberg had learned that SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion. The Elon Musk-led company is targeting a valuation of about $1.5 trillion for the entire company, which would leave SpaceX near the market value that Saudi Aramco established during its record 2019 listing. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson. Chapters: 00:00:00 - The Opening Trade 00:01:43 - Will Change 'Bad' Fed Head: Trump 00:04:14 - Fed Rate Decision 00:06:34 - JPMorgan Stock Dips 00:08:12 - SpaceX IPO Set to be Largest Ever 00:11:05 - Western Alliance No Longer Exist: Merz 00:11:38 - Australia Social Media Ban 00:15:57 - Fed Guidance for a January Cut 00:21:20 - Divided Fed Expected to Cut Rates 00:25:48 - Lucid Group CEO Mark Winterhoff 00:40:18 - HSBC CEO on Restructuring 00:43:08 - The Hawkish Risk Is in the US, Not Europe: MLIV 00:47:49 - Stocks to Watch: Anglo American, Miners, Banks 01:05:24 - JPMorgan Stock 01:08:29 - AI's Effect on the Job Market 01:16:03 - Vertical Aerospace Domhnal Slattery 01:27:45 - Australia Social Media Ban 01:34:03 - Fed Rate Cuts in 2026 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Dec 10, 2025
Stocks Fall Ahead of Fed Rate Decision; Trump Defends Tariffs at Rally | Bloomberg Brief 12/10/2025
42:55
Bloomberg Television
Stocks Fall Ahead of Fed Rate Decision; Trump Defends Tariffs at Rally | Bloomberg Brief 12/10/2025
US equity futures drop and Treasury yields extend gains as markets await the Federal Reserve's rate decision and its outlook for next year. President Trump rallies supporters in Pennsylvania defending his tariff policies. SpaceX is said to be planning for an initial public offering in 2026 that could make it the biggest listing of all time. Robert Sockin of Citi sees further rate cuts by the Fed next year. Chapters: 00:00:00 - Bloomberg Brief 00:01:42 - First Look Movers 00:13:13 - Trending on the Terminal 00:18:20 - Front Page News 00:22:23 - First Look Movers 00:24:18 - Robert Sockin, Citi Senior Global Economist 00:31:38 - Trending on the Terminal 00:41:59 - What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Dec 10, 2025
The Hawkish Risk Is in the US, Not Europe: 3-Minute MLIV
3:10
Bloomberg Television
The Hawkish Risk Is in the US, Not Europe: 3-Minute MLIV
Anna Edwards, Guy Johnson and Skylar Montgomery break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:14 - Hawkish Fed Cut? 00:01:28 - Treasury Yields 00:02:16 - Underestimating Europe Growth in 2026 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Dec 10, 2025
Hassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10
48:15
Bloomberg Television
Hassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10
The Federal Reserve is widely expected to cut by 25bps in its final rate decision of the year. But White House National Economic Council Director Kevin Hassett says he sees plenty of room for a bigger cut. Hassett is seen as the frontrunner to succeed Jerome Powell as Fed Chair. Bloomberg understands the SpaceX is moving ahead with plans for an IPO that seeks to raise more than $30 billion. That would make it the biggest listing of all time. Sources say the Elon Musk-led company is targeting a valuation of about $1.5 trillion. The listing could happen as soon as mid-to-late 2026. Today's guests: John Graham, CPP Investments, President & CEO; Simon Macadam, Capital Economics, Deputy Chief Global Economist; Alessia Berardi, Amundi Investment Institute, Head of Emerging Macro Strategy; Katie Gaddini, University College London, Associate Professor of Sociology Chapters: 00:00:00 - The Pulse with Francine Lacqua 12/10/2025 00:00:53 - CPP investments returned 5.4% in 3Q 00:04:58 - Graham: Underweight AI in US equity markets 00:12:43 - Panel: Fed Expected to cut by 25 BPS 00:20:31 - Trump repeatedly Criticizes Europe over trade & Ukraine 00:24:24 - Exclusive: HSBC CEO on restructuring 00:28:20 - Asian stocks mixed as investors await Fed decision 00:33:05 - Headlines: Amazon / Microsoft / Australia 00:34:10 - SpaceX said to pursue 2026 IPO | Bloomberg Scoop 00:36:56 - Exclusive: HSBC CEO on AI Integration 00:39:49 - US Senator Warren asks USB chair for details of Bessent talks 00:40:38 - President Trump seeks economic reset -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Dec 10, 2025
Fed Decision Day; SpaceX IPO | Horizons Middle East & Africa 12/10/2025
46:05
Bloomberg Television
Fed Decision Day; SpaceX IPO | Horizons Middle East & Africa 12/10/2025
The Fed is set to deliver its final rate call of the year, with markets primed for a cut. Also on the show: SpaceX said to be planning an IPO that would seek to raise more than $30B; Australia's social media ban for youths comes into effect; Mozambique's president is turning up the pressure on TotalEnergies to resume work on its long-delayed $20B LNG megaproject. Guests include: Bhaskar Laxminarayan, Julius Baer, CIO for Asia & Middle East; Khatija Haque, Mastercard Economics Institute, Chief Economist for Eastern Europe, Middle East and Africa. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:06:46 - Bhaskar Laxminarayan, Julius Baer, CIO for Asia & Middle East 00:14:07 - Abu Dhabi's expanding global influence 00:18:27 - SpaceX said to pursue 2026 IPO 00:28:16 - Teen social media ban takes effect in Australia 00:32:14 - Khatija Haque, Mastercard Economics Institute, Chief Economist for Eastern Europe, Middle East and Africa 00:38:05 - Mozambique is turning up the pressure on TotalEnergies 00:42:41 - Jihad Azour, IMF, Middle East, North Africa and Central Asia Director -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Dec 10, 2025
AI Adoption on Wall Street Set to Drive Near-Term Hiring
4:05
Bloomberg Television
AI Adoption on Wall Street Set to Drive Near-Term Hiring
Two-thirds of financial services companies will likely see staff numbers rise initially as they adopt artificial intelligence, according to a survey. More than 70% of respondents in a survey by Bloomberg Intelligence also said they expect AI adoption to lead to higher operating costs over the next three years. Bloomberg Intelligence's Matthew Bloxham breaks down the numbers. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Dec 10, 2025