1 00:00:00,880 --> 00:00:03,760 Speaker 1: News when you want it with Bloomberg News Now, I 2 00:00:03,880 --> 00:00:07,680 Speaker 1: made Kleggy. SpaceX has authorized an insider share sale that 3 00:00:07,760 --> 00:00:10,440 Speaker 1: value of x Elon Musk's rocket and satellite maker at 4 00:00:10,440 --> 00:00:13,119 Speaker 1: about eight hundred billion dollars. This according to a company 5 00:00:13,160 --> 00:00:16,520 Speaker 1: message seen by Bloomberg on Friday. The company also said 6 00:00:16,520 --> 00:00:19,720 Speaker 1: it's preparing for a possible public offering in twenty twenty six, 7 00:00:19,720 --> 00:00:22,079 Speaker 1: a deal aimed at funding an insane flight rate for 8 00:00:22,120 --> 00:00:26,560 Speaker 1: its developmental Starship rocket artificial intelligence data centers in space 9 00:00:26,640 --> 00:00:28,800 Speaker 1: at a base on the Moon. The per year price 10 00:00:28,840 --> 00:00:31,000 Speaker 1: of four hundred and twenty one dollars in its latest 11 00:00:31,160 --> 00:00:34,879 Speaker 1: secondary offering, laid out by chief financial officer Brent Johnson 12 00:00:34,880 --> 00:00:37,640 Speaker 1: in the memo to shareholders, is nearly double the two 13 00:00:37,720 --> 00:00:40,239 Speaker 1: hundred twelve dollars a share set in July at a 14 00:00:40,240 --> 00:00:44,600 Speaker 1: four hundred billion dollar valuation. President Trump says the US 15 00:00:44,640 --> 00:00:48,280 Speaker 1: would be starting land strikes on drug operations in Latin America, 16 00:00:48,360 --> 00:00:50,920 Speaker 1: though again declined to provide details on when and where 17 00:00:51,240 --> 00:00:54,760 Speaker 1: the escalation of his military campaign would actually begin or 18 00:00:54,800 --> 00:00:57,520 Speaker 1: if countries could still do anything to avert the threatened action. 19 00:00:57,720 --> 00:01:01,120 Speaker 1: The US president four days has been pledge to broaden 20 00:01:01,160 --> 00:01:03,760 Speaker 1: the effort, which comes after the Pentagon has launched a 21 00:01:03,800 --> 00:01:06,920 Speaker 1: series of attacks on what it has called drug smuggling 22 00:01:06,959 --> 00:01:10,280 Speaker 1: boats in international waters off the coast of South America. 23 00:01:10,400 --> 00:01:13,280 Speaker 1: While Trump's posturing has been largely seen as a pressure 24 00:01:13,319 --> 00:01:17,800 Speaker 1: campaign against Venezuelan President Nicholas Maduro, he on Friday insisted 25 00:01:17,840 --> 00:01:21,839 Speaker 1: the land targeting may not only impact Venezuela. This week's 26 00:01:21,840 --> 00:01:24,400 Speaker 1: seizure of a massive sanctioned oil tank or off the 27 00:01:24,480 --> 00:01:27,200 Speaker 1: Venezuelan coast maybe just the beginning of a new phase 28 00:01:27,560 --> 00:01:32,080 Speaker 1: in President Trump's pressure campaign against Nicholas Maduro. Bloomberg's Tyler 29 00:01:32,160 --> 00:01:33,800 Speaker 1: Kendall reports from Washington. 30 00:01:33,920 --> 00:01:37,120 Speaker 2: People familiar are saying that this week marks an entire 31 00:01:37,319 --> 00:01:41,520 Speaker 2: new phase of the United States strategy against Venezuela, as 32 00:01:41,520 --> 00:01:44,760 Speaker 2: the Treasury Department moves to sanction an additional six oil 33 00:01:44,800 --> 00:01:50,120 Speaker 2: companies and close associates of Nicholas Maduro. People familiar are 34 00:01:50,160 --> 00:01:54,120 Speaker 2: saying that this is all designed to deny Maduro oil 35 00:01:54,280 --> 00:01:57,720 Speaker 2: revenue in a bid to get him to relinquish power. 36 00:01:58,120 --> 00:02:01,800 Speaker 1: Bloomberg's Tyler Kendall in the Nation's President, Trump says that 37 00:02:01,880 --> 00:02:04,360 Speaker 1: Kevin Hassett and Kevin warsh are his top choices to 38 00:02:04,440 --> 00:02:06,800 Speaker 1: lead the US Federal Reserve, and that he expects the 39 00:02:06,840 --> 00:02:09,480 Speaker 1: next chair of the Central Bank to consult with him 40 00:02:09,480 --> 00:02:12,040 Speaker 1: on interest rates. Trump, in an interview with The Wall 41 00:02:12,040 --> 00:02:14,840 Speaker 1: Street Journal Friday, indicated that Warsh has climbed up the 42 00:02:14,880 --> 00:02:18,000 Speaker 1: short list of contenders to challenge Hassett, whom many had 43 00:02:18,000 --> 00:02:21,200 Speaker 1: seen as the front runner for the job. House Democrats 44 00:02:21,200 --> 00:02:23,520 Speaker 1: have released a tranch of new photos from the estate 45 00:02:23,560 --> 00:02:26,880 Speaker 1: of the late Jeffrey Epstein that include President Trump, former 46 00:02:26,919 --> 00:02:30,519 Speaker 1: President Bill Clinton, Bill Gates, Steve Bannon, and Larry Summers. 47 00:02:30,919 --> 00:02:34,160 Speaker 1: The photographs are undated and showed Trump before he became president. 48 00:02:34,480 --> 00:02:37,560 Speaker 1: Andrew mount Batten Windsor King Charles the Third's brother is 49 00:02:37,600 --> 00:02:41,960 Speaker 1: also pictured. White House spokeswoman Abigail Jackson criticized Democrats for 50 00:02:42,000 --> 00:02:45,480 Speaker 1: the quote cherry picked photos with random reordactions to try 51 00:02:45,520 --> 00:02:49,919 Speaker 1: and create a false narrative. Ukrainian President Volodimir Zelenski will 52 00:02:49,919 --> 00:02:52,680 Speaker 1: travel to Berlin on Monday to meet with German Chancellor 53 00:02:52,760 --> 00:02:56,639 Speaker 1: Friedrich Mehers and other European leaders, including UK Prime Minister 54 00:02:56,720 --> 00:02:59,960 Speaker 1: Keir Starmer, to press forward talks on US led peace propose. 55 00:03:00,600 --> 00:03:03,720 Speaker 1: Ahead of the meeting, national security advisors from Ukraine Europe 56 00:03:03,720 --> 00:03:06,160 Speaker 1: and the US are expected to hold talks on the 57 00:03:06,240 --> 00:03:08,880 Speaker 1: draft plans. This according to people familiar with the matter. 58 00:03:09,240 --> 00:03:13,280 Speaker 1: Ukrainian territory is at the center of running discussions between Washington, Kiev, 59 00:03:13,520 --> 00:03:16,800 Speaker 1: and Moscow as negotiators work in a twenty point draft agreement. 60 00:03:17,160 --> 00:03:20,520 Speaker 1: Moscow has insisted that Ukraine withdraw its forces from eastern 61 00:03:20,600 --> 00:03:24,360 Speaker 1: territories in the Donbas region that the Russian military has 62 00:03:24,400 --> 00:03:27,720 Speaker 1: failed to capture. A Friday move lower for the US 63 00:03:27,760 --> 00:03:30,080 Speaker 1: equity market, along with a weekly loss for the S 64 00:03:30,120 --> 00:03:33,120 Speaker 1: and P five hundred. More on this from Bloomberg's Charlie Pellett. 65 00:03:33,160 --> 00:03:38,000 Speaker 3: Traders were taking profits on the year's biggest artificial intelligence winners, 66 00:03:38,320 --> 00:03:41,960 Speaker 3: dragging global gauges back from the brink of records. A 67 00:03:42,040 --> 00:03:46,440 Speaker 3: disappointing sales outlook from Broadcoms sent the chipmaker tumbling eleven 68 00:03:46,520 --> 00:03:50,760 Speaker 3: point four percent and weigh on rivals, further fueling investor 69 00:03:50,840 --> 00:03:55,960 Speaker 3: anxiety over AI wagers initially prompted by Oracle. For the week, 70 00:03:56,120 --> 00:03:58,520 Speaker 3: the S and P five hundred index was down six 71 00:03:58,600 --> 00:04:01,600 Speaker 3: tens of one percent. The NOW was up one point 72 00:04:01,640 --> 00:04:04,400 Speaker 3: one percent, gaining for a third week, while Nasdaq was 73 00:04:04,440 --> 00:04:08,320 Speaker 3: down one point six percent. In New York Charlie Pellett, 74 00:04:08,320 --> 00:04:09,600 Speaker 3: Bloomberg Radio. 75 00:04:09,440 --> 00:04:12,440 Speaker 1: Toma Bravo is in talks to merge at shipping software 76 00:04:12,520 --> 00:04:15,520 Speaker 1: firm Optane formerly known as stamps dot Com, with third 77 00:04:15,520 --> 00:04:20,159 Speaker 1: party logistics provider WWEX Group to form a business that 78 00:04:20,240 --> 00:04:22,359 Speaker 1: could be worth as much as twelve billion dollars. This 79 00:04:22,440 --> 00:04:24,919 Speaker 1: according to people with knowledge of the matter. The private 80 00:04:25,080 --> 00:04:27,559 Speaker 1: equity firm is said to inject about five hundred million 81 00:04:27,560 --> 00:04:30,680 Speaker 1: of new equity into the combined company under the proposal, 82 00:04:31,040 --> 00:04:34,160 Speaker 1: which would cut costs and leverage for both units, said 83 00:04:34,160 --> 00:04:37,880 Speaker 1: the people, who asked not to be identified discussing confidential information. 84 00:04:38,360 --> 00:04:40,560 Speaker 1: The Friday numbers on Wall Street the Dow lost two 85 00:04:40,600 --> 00:04:43,440 Speaker 1: forty five, Nasdaq fell three ninety eight. That's nearly one 86 00:04:43,480 --> 00:04:46,320 Speaker 1: point seven percent. The S and P lost seventy three. 87 00:04:46,440 --> 00:04:49,120 Speaker 1: The tenure treasury yields at four point one eight percent, 88 00:04:49,400 --> 00:04:52,440 Speaker 1: the two years at three point five two percent. That's 89 00:04:52,520 --> 00:04:55,440 Speaker 1: news when you want it with Bloomberg News. Now I 90 00:04:55,560 --> 00:04:58,240 Speaker 1: made Kleggy. This is Bloomberg