Trumps ‘Golden Dome’
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 21 May 2025
⏱️ 7 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | A missile shield in orbit shared batteries on the ground and won semiconductor company circling bankruptcy. |
| 0:15.4 | It's good to have you here on this Wednesday, May 21st. I'm Julie Morgan. |
| 0:24.7 | President Trump on Tuesday formally introduced his concept for the Golden Dome. The Golden Dome is a proposed $175 billion missile defense initiative |
| 0:32.1 | that would for the first time incorporate U.S. weaponry in space. We have officially selected in architecture for the state of the art system that will |
| 0:42.2 | deploy next generation technologies across the land, sea, and space, including space-based |
| 0:47.6 | sensors and interceptors. |
| 0:50.1 | Speaking from the Oval Office, Trump said he anticipates the system could be fully operational |
| 0:55.2 | fairly soon. |
| 0:56.2 | This design for the Golden Dome will integrate with our existing defense capabilities |
| 1:02.0 | and should be fully operational before the end of my term. |
| 1:05.4 | So we'll have it done in about three years. |
| 1:08.2 | While Podus expressed confidence in the program's timeline, the Associated Press reported that a U.S. official familiar with its planning said it's more realistic that the system might achieve partial readiness by then, given the complexity of the technology involved. The president named the current vice chief of Space Operations to oversee the project's development. |
| 1:30.3 | The Golden Dome System is envisioned as a multi-layered defense platform capable of intercepting |
| 1:36.3 | missiles during every phase of their trajectory, from pre-launch detection to terminal descent, |
| 1:42.3 | using both terrestrial and space-based systems. |
| 1:46.2 | This article takes a closer look at how much it'll cost taxpayers, the plan's non-traditional |
| 1:51.5 | path forward, and the contractors that could be used to turn this from plan into reality. |
| 1:58.0 | A link to the full article is in show notes. |
| 2:04.4 | Ford will allow Nissan to use part of its battery plant in Kentucky. People familiar with the matter told the Wall Street Journal that Ford has |
| 2:10.1 | two EV battery manufacturing plants in Kentucky as part of a joint venture with South Korean |
| 2:16.2 | battery maker SKON. |
... |
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