SpaceX is reportedly overvalued ahead of its IPO
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 5 June 2026
⏱️ 14 minutes
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Summary
SpaceX is targeting a $1.77 trillion valuation, but some analysts think it's worth half that. Plus, Florida sues OpenAI — the first state to take legal action against an AI company.
But first, President Donald Trump signed an executive order this week, similar to the one he called off last month, asking AI companies to give the government a first look at advanced models that could have national security implications. It comes after models like Anthropic's Mythos have raised cybersecurity concerns for reportedly being too good at finding and exploiting software vulnerabilities.
Marketplace’s Meghan McCarty Carino spoke with Liz Lopatto, senior reporter at The Verge, to learn more.
Everything we talked about:
“PROMOTING ADVANCED ARTIFICIAL INTELLIGENCE INNOVATION AND SECURITY” from the White House
“Trump Signs Executive Order Seeking Oversight of A.I. Models” from The New York Times
“SpaceX: What Investors Need to Know About Its Enormous Upcoming IPO” from Morningstar
“SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says” from CNBC
“Attorney General James Uthmeier Files First-in-the-Nation State-Led Lawsuit Against OpenAI, CEO Sam Altman for Deceptive Practices and Harms to Floridians” from Florida’s Attorney General
“OpenAI Sued by Florida’s Attorney General Over AI Harms” from The Wall Street Journal
Transcript
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| 0:00.0 | Hey, Ira Flato here from Science Friday. |
| 0:03.2 | Each episode, we give you surprising facts. |
| 0:06.7 | There's a whole phenomenon of moths visiting eyes of mammals. |
| 0:10.5 | Expert insights. |
| 0:12.0 | It doesn't take a lot of brain to run a lion, actually. |
| 0:15.4 | And we tackle the big questions. |
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| 0:20.7 | From space to climate to tech to medicine, get a new view on the world around you. |
| 0:25.7 | That's Science Friday, wherever you get your podcasts. |
| 0:31.4 | The return of the missing AI executive order. |
| 0:35.6 | From American Public Media, this is Marketplace Tech. I'm Megan McCarty |
| 0:39.0 | Carrino. President Donald Trump signed an executive order this week, similar to one he called off last month, |
| 0:56.1 | asking AI companies to give the government a first look at advanced models that could have |
| 1:01.5 | national security implications. We'll get into it on today's Marketplace Techbytes week in review. |
| 1:07.5 | Plus, SpaceX is targeting a $1.77 trillion valuation, but some analysts think it's |
| 1:15.7 | worth half that. And Florida sues Open AI, the first state to take legal action against an AI company. |
| 1:23.6 | But first, back to that executive order, Trump quietly signed this week. |
| 1:28.0 | It asks AI companies to voluntarily submit their models to the government for review 30 days before releasing them to the public. |
| 1:35.8 | It comes after models like Anthropics Mythos have raised cybersecurity concerns because it's reportedly too good at finding and exploiting software vulnerabilities. |
| 1:46.4 | Here with more on all this is Liz Lapato, senior reporter at the verge. |
| 1:50.9 | You may recall way back in the midst of the Biden administration that there was a similar |
| 1:56.7 | executive order about AI models, and it upset Markresen and Ben Horowitz of A16C so much that they |
... |
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