SpaceX IPO ignites an investor frenzy
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 29 May 2026
⏱️ 12 minutes
🧾️ Download transcript
Summary
Washington is nearing a deal to extend its ceasefire with Iran by 60 days, and investors are rushing to gain exposure to SpaceX in a “speculative frenzy” ahead of its expected IPO. Plus, Benjamin Netanyahu has directed the Israeli military to take control of at least 70 per cent of Gaza, and Robinhood is launching a feature that will enable clients to use AI chatbots for share trading.
Mentioned in this podcast:
Washington nearing deal to extend Iran ceasefire, US officials say
Investors race to get exposure to SpaceX ahead of IPO
Benjamin Netanyahu orders Israeli forces to take control of 70% of Gaza
Robinhood to let investors use AI chatbots for share trading
Want to get in touch? Email us at podcasts@ft.com
Note: The FT does not use generative AI to voice its podcasts
Today’s FT News Briefing was hosted by Sonja Hutson and produced by Katya Kumkova. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Good morning from the Financial Times. |
| 0:04.9 | Today is Friday, May 29th, and this is your FT News briefing. |
| 0:10.1 | The U.S. and Iran are getting close to a ceasefire extension, and hype over SpaceX's IPO is |
| 0:18.2 | stratospheric. |
| 0:19.2 | And that sort of attitude sometimes is a warning signal of maybe a kind of bubble in the market |
| 0:25.5 | or too much hope, too much optimism. |
| 0:28.2 | Plus, Robin Hood is letting investors use AI to make trades. |
| 0:33.2 | I'm Sonia Hudson, and here's the news you need to start your day. |
| 0:44.0 | Thank you. I'm Sonia Hudson, and here's the news you need to start your day. Negotiators from Iran in the U.S. have reached a memorandum of understanding, but President |
| 0:50.4 | Donald Trump still needs to sign off on it. That's according to a White House official. |
| 0:56.3 | The news comes after the countries have exchanged fire in recent days. The deal would extend |
| 1:02.0 | the ceasefire by 60 days and reopen the Strait of Hormuz. Now, Iran did not confirm the White |
| 1:09.7 | House's version of events, which were first reported by Axios. |
| 1:14.2 | In Iranian news agency, close to the Revolutionary Guards, warned on Wednesday that Trump could unilaterally announce the agreement, even though Tehran thought some issues were unresolved. |
| 1:33.1 | Thank you. even though Tehran thought some issues were unresolved. Investors are clamoring for exposure to SpaceX ahead of its initial public offering next month. |
| 1:39.6 | There's so much appetite that one analyst called it a, quote, speculative frenzy. |
| 1:46.5 | Can't blame anyone for wanting to get in on the largest IPO in history. |
| 1:51.3 | But some investors say this much speculative trading is a red flag for the market. |
| 1:57.3 | Here to tell us more is the FTs Emily Herbert. |
| 1:59.8 | Hi, Emily. |
| 2:03.8 | Hiya. Okay, so when we say that investors want more exposure to SpaceX, what does that actually look like? Yeah, so SpaceX hasn't listed on |
| 2:10.7 | the market yet, and it won't for another couple of weeks. But something to know about SpaceX is |
... |
Transcript will be available on the free plan in 20 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.