July 4th Travels, The Billionaire Space Race, & Under the “HOOD”

Squawk Pod

CNBC

News, Business News, Business, Investing

4.2 • 543 Ratings

🗓️ 2 July 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Disruptor investing app Robinhood has finally filed to IPO after years of upending the retail trading industry and months of regulatory and legal scrutiny. Founder and managing partner of venture capital firm Bedrock Capital Geoff Lewis shares his outlook for the company, its roadshow, and all the investors who want a piece. Virgin Galactic founder Sir Richard Branson is headed to space, just days before his fellow billionaire, Amazon founder Jeff Bezos, was scheduled to lift off himself. CNBC.com space reporter Michael Sheetz discusses the billionaire race to the edge of space. As millions hit the roads and runways across the country ahead of the July 4th holiday, former FDA Commissioner Dr. Scott Gottlieb considers risks of the Covid-19 Delta variant. Plus, the price of oil is nearing three-year-high, and OPEC+ is meeting to determine a global energy policy. Happy Independence Day! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod. I'm C.N.C. producer Cameron Costa.
0:08.0	Today on our podcast,
0:10.0	Free Trading Platform Robin Hood is going to IPO finally.
0:15.0	After rocking the private markets and the regulatory scene and the trading scene,
0:21.0	Robin Hood is gearing up for public debut and its and the
0:25.0	trading scene Robin Hood is gearing up for public debut and it's bringing the meme stock mania with it.
0:27.0	Venture capitalist Jeff Lewis.
0:30.0	I think the Robin Hood IPO might be the very top for meme stocks.
0:34.4	And Richard Branson pulls ahead in the billionaire space race.
0:38.5	Will Jeff Bezos be eating his space dust or...
0:42.2	What if both of them lose out to Elon Musk who decides he's
0:45.8	going to go up on like July 4th or something and 47 million people are set to
0:50.8	take off this holiday weekend.
0:53.0	But could the Delta variant ruin our barbecue plans?
0:57.0	Former FDA Commissioner, Dr. Scott Gottlieb.
1:00.0	It's relatively safe right now.
1:02.0	Vaccination rates are high in many parts of the country. I don't
1:04.7	think people really should be concerned as they gather with family this July 4th.
1:08.0	Those stories plus a heat wave. Wherever you spend your holiday, stay cool.
1:14.1	It's been so hot that New York City put out a work
1:16.5	How hot was it?
	...

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