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Squawk Pod

Inside the SpaceX IPO Filing & the Billionaire Space Race 5/21/26

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 21 May 2026

⏱️ 55 minutes

🧾️ Download transcript

Summary

The SpaceX S-1 is finally public; CNBC’s Leslie Picker reports on the public’s first look under the SpaceX hood. Ahead of what will likely be the largest IPO ever next month, Elon Musk biographer Walter Isaacson highlights the talent running the company under the billionaire’s leadership. Isaacson also underscores Musk’s ambitions for space, in light of Andrew Ross Sorkin’s interview with Jeff Bezos on the Blue Origin factory floor. Plus, U.S. Attorney for the Southern District of New York Jay Clayton discusses President Trump’s deal with the IRS and using AI to cut down on fraud and waste in the public sector. Leslie Picker 5:06 Jay Clayton 21:14 Walter Isaacson 45:16 In this episode: Leslie Picker, @LesliePicker Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music, please.

0:04.0

Hi, I'm CNBC producer Katie Kramer.

0:06.9

Today on Squawk Pod.

0:09.0

We're still talking about Jeff Bezos.

0:12.1

Oh, from page.

0:13.6

The interview with the Amazon and Blue Origin founder that made news everywhere.

0:19.0

Billionaires, capitalism, taxes, and Trump.

0:23.1

There's something for every single person.

0:26.3

And the other space company we can't stop talking about, SpaceX.

0:30.7

Elon Musk biographer Walter Isaacson says ahead of the IPO,

0:34.9

there's more to that company than its key billionaire.

0:38.3

If you look at SpaceX quietly behind the scenes, Glenn Schottwell, she's truly a great manager.

0:45.9

You have Bill Riley and Mark Ginkosa who are great at propulsion and rockets and figuring out Starlink.

0:53.2

Plus, President Trump's deal with the IRS

0:55.7

and cracking down on fraud and waste in the government

0:58.8

with U.S. Attorney for the Southern District of New York,

1:02.0

Jay Clayton joins us.

1:03.6

AI is going to affect business,

1:06.4

like you talk about on this show all the time.

1:08.5

The place where it's going to have a profound effect

1:10.8

is in the public sector. What it used to take for us to uncover Medicaid fraud and Medicare

1:16.6

fraud, teams of people going through paper and the like. As long as it's digitized, you can use

...

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