1 00:00:03,880 --> 00:00:06,760 Speaker 1: Well, Elon Musk is now the richest person on the planet. 2 00:00:07,120 --> 00:00:10,000 Speaker 2: More than half the satellites in space are owned and 3 00:00:10,080 --> 00:00:15,200 Speaker 2: controlled by one man. Well, he's a legitimate, super genius, legitimate. 4 00:00:15,400 --> 00:00:15,760 Speaker 2: He says. 5 00:00:15,760 --> 00:00:18,360 Speaker 3: He's always voted for Democrats, but this year it will 6 00:00:18,400 --> 00:00:18,840 Speaker 3: be different. 7 00:00:18,880 --> 00:00:19,840 Speaker 1: He'll vote Republican. 8 00:00:20,079 --> 00:00:22,600 Speaker 2: There is a reason the US government is so reliant 9 00:00:22,600 --> 00:00:23,000 Speaker 2: on him. 10 00:00:23,200 --> 00:00:25,840 Speaker 1: Alon Musk is a scam artist and he's done nothing. 11 00:00:27,440 --> 00:00:30,120 Speaker 1: Anything he does, he's fascinating people. 12 00:00:36,280 --> 00:00:38,280 Speaker 2: Good afternoon, and welcome to Elon Inc. 13 00:00:38,760 --> 00:00:41,560 Speaker 3: We're coming to you this Thursday with and this is 14 00:00:41,600 --> 00:00:44,960 Speaker 3: where you hear the big air horn playing an emergency podcast, 15 00:00:45,040 --> 00:00:48,920 Speaker 3: an emergency edition of Elon Inc. I'm Max Chafkin here 16 00:00:48,960 --> 00:00:53,239 Speaker 3: with my colleague Ted Man, Bloomberg reporter covering money and 17 00:00:53,320 --> 00:00:58,000 Speaker 3: influence in Washington, and we're talking about the latest political 18 00:00:58,000 --> 00:01:02,760 Speaker 3: earthquake that basically went off early yesterday morning, maybe late 19 00:01:02,880 --> 00:01:06,120 Speaker 3: on what was it Tuesday night? So Elon Musk, just 20 00:01:06,120 --> 00:01:10,720 Speaker 3: to catch everyone up, Elon Musk has ekesd tweeted something 21 00:01:10,720 --> 00:01:14,440 Speaker 3: like one hundred and fifty times about a spending package 22 00:01:14,480 --> 00:01:18,880 Speaker 3: that Congressional Republicans had I think thought they'd found a deal. 23 00:01:19,319 --> 00:01:21,399 Speaker 3: It turns out they don't have the deal. As of 24 00:01:21,480 --> 00:01:24,479 Speaker 3: noon today, it seems like this spending bill is dead, 25 00:01:24,640 --> 00:01:27,720 Speaker 3: the government baby's shutting down, and Ted is here to 26 00:01:27,880 --> 00:01:29,240 Speaker 3: basically tell us what it means. 27 00:01:29,280 --> 00:01:31,119 Speaker 2: Ted, thanks for coming on Elon inc. 28 00:01:32,000 --> 00:01:33,119 Speaker 1: Thanks for having me all. 29 00:01:33,080 --> 00:01:37,280 Speaker 3: Right, So, Ted, just to kick things off, tell me 30 00:01:37,319 --> 00:01:41,399 Speaker 3: what Elon has been up to for the last thirty 31 00:01:41,440 --> 00:01:43,000 Speaker 3: six hours. 32 00:01:42,920 --> 00:01:49,360 Speaker 1: Just repeated public posts about this bipartisan spending bill, basically 33 00:01:49,480 --> 00:01:52,720 Speaker 1: dredging up every single right wing talking point against it 34 00:01:52,760 --> 00:01:55,520 Speaker 1: to say it's a terrible deal and that any Republican 35 00:01:55,560 --> 00:01:57,880 Speaker 1: who votes for it, in other words, votes for the 36 00:01:57,920 --> 00:02:01,240 Speaker 1: Republican Speaker of the Houses bill should pay the price 37 00:02:01,240 --> 00:02:05,280 Speaker 1: at the ballot box. And when no time, basically he 38 00:02:05,400 --> 00:02:08,200 Speaker 1: killed what had seemed like an almost certain to pass 39 00:02:08,240 --> 00:02:09,119 Speaker 1: piece of legislation. 40 00:02:09,760 --> 00:02:12,040 Speaker 3: Yeah, let's just run through some of the problems off 41 00:02:12,040 --> 00:02:12,799 Speaker 3: the top of my head. 42 00:02:12,840 --> 00:02:14,120 Speaker 2: I remember he was there. 43 00:02:14,280 --> 00:02:18,040 Speaker 3: Seemed like actually like a pretty modest potential pay increase 44 00:02:18,320 --> 00:02:20,919 Speaker 3: for members of Congress that would only because the Constitution 45 00:02:20,960 --> 00:02:24,960 Speaker 3: would actually only go into effect like in twenty twenty six. 46 00:02:25,480 --> 00:02:25,839 Speaker 2: What else? 47 00:02:25,919 --> 00:02:28,560 Speaker 3: What else is he brought up as sort of reasons 48 00:02:28,639 --> 00:02:31,760 Speaker 3: for wanting to kill this bill and potentially shut the 49 00:02:31,840 --> 00:02:32,440 Speaker 3: government down. 50 00:02:33,160 --> 00:02:36,600 Speaker 1: Some of it was this really classic sort of pull 51 00:02:36,600 --> 00:02:39,920 Speaker 1: out a single line from a spending bill kind of 52 00:02:40,000 --> 00:02:43,079 Speaker 1: to attack the pork barrel. You know, stuff about the 53 00:02:43,240 --> 00:02:47,160 Speaker 1: you know, food inspections of molasses came up, the fact 54 00:02:47,200 --> 00:02:50,240 Speaker 1: that there's a deal in there to trade some federal 55 00:02:50,320 --> 00:02:52,840 Speaker 1: land to the city of Washington, d C. Because they 56 00:02:52,880 --> 00:02:55,280 Speaker 1: want to do a big giveaway and build a football 57 00:02:55,280 --> 00:02:59,160 Speaker 1: stadium for the local football team. It like just sort 58 00:02:59,160 --> 00:03:03,040 Speaker 1: of random assortment of nouns and proper nouns that you 59 00:03:03,080 --> 00:03:05,440 Speaker 1: can get if you want to make any spending bill 60 00:03:05,520 --> 00:03:08,119 Speaker 1: in history look bad, which is basically just kind of 61 00:03:08,160 --> 00:03:10,720 Speaker 1: delving into the line items and saying, look at this thing, 62 00:03:10,720 --> 00:03:11,800 Speaker 1: and what a giveaway it is. 63 00:03:12,160 --> 00:03:16,440 Speaker 3: So this blows my mind really because I'm old enough 64 00:03:16,440 --> 00:03:18,359 Speaker 3: to remember, and I'm when I when I say old enough, 65 00:03:18,360 --> 00:03:20,400 Speaker 3: I mean more than six weeks old. Like I'm old 66 00:03:20,440 --> 00:03:22,880 Speaker 3: enough to remember when we thought that maybe Elon Musk 67 00:03:22,919 --> 00:03:27,480 Speaker 3: would have no power or effectively no power within the 68 00:03:28,400 --> 00:03:31,640 Speaker 3: sort of Trump administration or the Trump orbit and now 69 00:03:31,720 --> 00:03:34,840 Speaker 3: like all of a sudden, he looks like you know, 70 00:03:34,960 --> 00:03:38,240 Speaker 3: some combination of the House Leader of the Freedom Caucus 71 00:03:38,320 --> 00:03:41,520 Speaker 3: and the or like like where what is he, Like, 72 00:03:41,800 --> 00:03:44,160 Speaker 3: how did this happen so quickly or do you have 73 00:03:44,200 --> 00:03:48,040 Speaker 3: any read on like like what role he's actually playing 74 00:03:48,120 --> 00:03:51,400 Speaker 3: and and really like how much of this is is 75 00:03:51,400 --> 00:03:53,360 Speaker 3: he doing this on his own and how much of 76 00:03:53,400 --> 00:03:56,320 Speaker 3: it is sort of maybe at that behest of Trump. 77 00:03:57,520 --> 00:03:59,560 Speaker 1: I'm leaving the second part of that for the end 78 00:04:00,160 --> 00:04:02,720 Speaker 1: we don't know the answer, but for the beginning of 79 00:04:02,760 --> 00:04:05,640 Speaker 1: that question, A, it's really good And the quickest answer 80 00:04:05,680 --> 00:04:07,760 Speaker 1: I have is something I was texting about with a 81 00:04:07,800 --> 00:04:11,880 Speaker 1: Trump person yesterday afternoon, and this guy was saying, this 82 00:04:11,920 --> 00:04:14,160 Speaker 1: is a Trump affiliated person who has always been kind 83 00:04:14,160 --> 00:04:16,440 Speaker 1: of skeptical of the whole Doge thing because it's not 84 00:04:16,520 --> 00:04:18,560 Speaker 1: really a government department and they're not going to have 85 00:04:18,680 --> 00:04:21,560 Speaker 1: formal government authority. But what this person said to me 86 00:04:21,680 --> 00:04:23,599 Speaker 1: was like, look, this is what they're actually going to 87 00:04:23,600 --> 00:04:27,440 Speaker 1: be good at, publicly shaming members of Congress, getting them 88 00:04:27,560 --> 00:04:30,320 Speaker 1: off of a position, basically just using the power of 89 00:04:30,320 --> 00:04:33,960 Speaker 1: the platform that Musk has and the fact that they 90 00:04:33,960 --> 00:04:37,000 Speaker 1: can sort of speak as such close allies of Trump 91 00:04:37,160 --> 00:04:39,640 Speaker 1: that you kind of are worried about getting crosswise with 92 00:04:39,760 --> 00:04:41,880 Speaker 1: MAGA if you don't do what Elon is telling you 93 00:04:41,920 --> 00:04:44,400 Speaker 1: to do and I think that's going to be at 94 00:04:44,480 --> 00:04:46,400 Speaker 1: least in the short term. That seems to be the 95 00:04:46,440 --> 00:04:49,120 Speaker 1: sort of flex that he has available to him, and 96 00:04:49,200 --> 00:04:51,880 Speaker 1: this first attempt to use it has worked resoundingly well. 97 00:04:52,560 --> 00:04:54,839 Speaker 1: The second part of your question, though, is the main 98 00:04:54,880 --> 00:04:57,600 Speaker 1: thing that I think everyone needs to know. Is this 99 00:04:58,200 --> 00:05:01,560 Speaker 1: something that must was doing at Trump's behest? Is this 100 00:05:01,640 --> 00:05:05,240 Speaker 1: something alternatively where he went rogue and got way out 101 00:05:05,240 --> 00:05:07,320 Speaker 1: ahead of Trump, and Trump is now seeing that it's 102 00:05:07,360 --> 00:05:10,040 Speaker 1: it's you know, to his to his advantage to kind 103 00:05:10,040 --> 00:05:12,239 Speaker 1: of go in the direction where Musk was already growing. 104 00:05:13,040 --> 00:05:15,479 Speaker 3: Mike Johnson seems to have just tell me if I'm wrong. 105 00:05:15,560 --> 00:05:18,480 Speaker 3: It seems like Johnson has basically gone along with this 106 00:05:18,680 --> 00:05:22,240 Speaker 3: like Musk over the course of these tweets was able 107 00:05:22,320 --> 00:05:25,039 Speaker 3: to muster, and this is, I suppose what's very stunning, 108 00:05:25,120 --> 00:05:29,039 Speaker 3: just able to muster like a huge amount of public 109 00:05:29,120 --> 00:05:33,960 Speaker 3: outrage and support and basically whip up a bunch of 110 00:05:34,279 --> 00:05:37,440 Speaker 3: voters and activists and ultimately like members of Congress, and 111 00:05:37,560 --> 00:05:40,960 Speaker 3: Johnson just backed down, right. I mean, he's he's basically said, Okay, 112 00:05:40,960 --> 00:05:43,599 Speaker 3: this bill that I supported is it's dead now. 113 00:05:44,680 --> 00:05:47,680 Speaker 1: I think that's right. Although it's I think even more 114 00:05:47,720 --> 00:05:51,160 Speaker 1: of a preliminary surrender on the part of Musk and 115 00:05:51,200 --> 00:05:53,719 Speaker 1: his entire conference. Right as soon as the Musk tweets 116 00:05:53,720 --> 00:05:56,279 Speaker 1: started happening, they immediately tucked their tails and were no 117 00:05:56,360 --> 00:05:58,400 Speaker 1: longer for the bill. We didn't even get to see 118 00:05:58,440 --> 00:06:01,839 Speaker 1: them test whether or not they're constituents actually care about 119 00:06:02,040 --> 00:06:05,039 Speaker 1: funding to see if there's poison in the molasses, Like, 120 00:06:05,080 --> 00:06:07,599 Speaker 1: we didn't even get to that stage. It's more just 121 00:06:07,680 --> 00:06:10,720 Speaker 1: that they see this guy with this giant platform everyone 122 00:06:10,760 --> 00:06:14,120 Speaker 1: pays attention to, who is a giant benefactor of the 123 00:06:14,120 --> 00:06:17,000 Speaker 1: presidents saying something that they should or shouldn't do, And 124 00:06:17,000 --> 00:06:19,680 Speaker 1: they immediately fell into line, much more so than they 125 00:06:19,680 --> 00:06:21,400 Speaker 1: would if Johnson. 126 00:06:20,920 --> 00:06:22,279 Speaker 2: You brought up the molasses twice? 127 00:06:22,320 --> 00:06:24,719 Speaker 3: Now, like, is this this is the this is the issue, 128 00:06:24,720 --> 00:06:27,320 Speaker 3: this is why we're gonna it's judgment. Workers are not 129 00:06:27,360 --> 00:06:29,560 Speaker 3: going to get paid because we wanted to test the 130 00:06:29,600 --> 00:06:30,719 Speaker 3: molasses or what. 131 00:06:30,560 --> 00:06:31,320 Speaker 2: What do you remember? 132 00:06:31,640 --> 00:06:34,880 Speaker 1: No, it's like it's just such a classic fiscal conservative move, 133 00:06:35,000 --> 00:06:37,200 Speaker 1: Like there's always an attempt to like comb through the 134 00:06:37,240 --> 00:06:40,240 Speaker 1: budget every year, and there's there's you know, funding for 135 00:06:40,320 --> 00:06:44,400 Speaker 1: like studying the emotional you know, reasoning of the Macaca 136 00:06:44,520 --> 00:06:47,280 Speaker 1: monkey somewhere like like there will always be some little 137 00:06:47,320 --> 00:06:49,320 Speaker 1: line item that can be made to look ridiculous, and 138 00:06:49,320 --> 00:06:51,520 Speaker 1: so in a way, it's like Musk doing a very 139 00:06:51,520 --> 00:06:54,719 Speaker 1: classic Washington thing, but usually that's like a two minute 140 00:06:54,720 --> 00:06:56,880 Speaker 1: speech on the House floor and then they passed the 141 00:06:56,880 --> 00:06:59,400 Speaker 1: build a fund the government anyway instead, in this case, 142 00:06:59,440 --> 00:07:01,200 Speaker 1: he just sort of made a big deal out of 143 00:07:01,200 --> 00:07:04,320 Speaker 1: all this sort of conventional stuff, and they, you know, 144 00:07:04,400 --> 00:07:06,240 Speaker 1: apparently are using it to tank what have been a 145 00:07:06,279 --> 00:07:06,920 Speaker 1: sure fire deal. 146 00:07:07,240 --> 00:07:08,839 Speaker 3: I want to get to the politics of this and 147 00:07:08,839 --> 00:07:10,200 Speaker 3: how it might play out in a second, but just 148 00:07:10,240 --> 00:07:13,480 Speaker 3: before we get there, can you just explain or try 149 00:07:13,480 --> 00:07:17,320 Speaker 3: to explain what it would mean if they don't reach 150 00:07:17,360 --> 00:07:20,560 Speaker 3: a deal. I mean, Musk has said, basically, and I'm 151 00:07:20,600 --> 00:07:25,600 Speaker 3: sure House Republicans and I'm sure everyone is okay with this, 152 00:07:25,720 --> 00:07:29,440 Speaker 3: He's basically said, yeah, if the government shuts down and 153 00:07:29,480 --> 00:07:33,040 Speaker 3: doesn't operate until January twentieth, no big deal, that might 154 00:07:33,040 --> 00:07:35,480 Speaker 3: even be better. And I assume that's not true and 155 00:07:35,880 --> 00:07:38,320 Speaker 3: that that's causing a minor freak out. But I'd love 156 00:07:38,400 --> 00:07:41,440 Speaker 3: to sort of if you could try to understand why 157 00:07:41,640 --> 00:07:44,080 Speaker 3: or if he has it wrong, Like if the government 158 00:07:44,120 --> 00:07:45,880 Speaker 3: shuts down what would happen. 159 00:07:47,680 --> 00:07:49,440 Speaker 1: I mean, the short answer is that it doesn't all 160 00:07:49,480 --> 00:07:51,720 Speaker 1: shut down at once, but that you would start to see, 161 00:07:52,240 --> 00:07:55,960 Speaker 1: you know, damage right away in the sense of the 162 00:07:56,040 --> 00:07:59,280 Speaker 1: classic example. Obviously payments to the troops, and there are 163 00:07:59,280 --> 00:08:02,240 Speaker 1: things that the government would do to try to slow 164 00:08:02,320 --> 00:08:04,680 Speaker 1: the pain and deflect the pain as long as you can. 165 00:08:04,960 --> 00:08:08,720 Speaker 1: But basically, a government shutdown starts to hit the whole economy. 166 00:08:08,720 --> 00:08:11,320 Speaker 1: It's not like it just upsets a few white collar 167 00:08:11,400 --> 00:08:13,080 Speaker 1: bureaucrats who work in DC. 168 00:08:13,320 --> 00:08:15,600 Speaker 2: Well, and a bunch of people don't get paid right. 169 00:08:15,840 --> 00:08:19,080 Speaker 1: Right, you don't get paid. A bunch of federal agencies 170 00:08:19,120 --> 00:08:22,160 Speaker 1: that are considered non essential stop doing the work that 171 00:08:22,200 --> 00:08:25,160 Speaker 1: they do, and that starts to ripple into the private 172 00:08:25,200 --> 00:08:28,960 Speaker 1: sector too. I think there's Trump said this morning apparently, 173 00:08:29,000 --> 00:08:32,240 Speaker 1: I believe it was to TV outlet that he's very 174 00:08:32,240 --> 00:08:34,560 Speaker 1: confident that Biden will be blamed because this will have 175 00:08:34,600 --> 00:08:37,600 Speaker 1: technically started on his watch. And I think that's a 176 00:08:37,640 --> 00:08:40,560 Speaker 1: real gamble for them, because everyone knows who did it. 177 00:08:40,559 --> 00:08:43,600 Speaker 1: It was Musk and Trump, not Biden, and so I 178 00:08:43,600 --> 00:08:46,280 Speaker 1: think this assumption that just because it started while Biden 179 00:08:46,400 --> 00:08:49,240 Speaker 1: was still on the clock, and then therefore the public 180 00:08:49,280 --> 00:08:51,360 Speaker 1: won't be mad about the effect is a pretty big 181 00:08:51,360 --> 00:08:53,320 Speaker 1: political gamble by both of skin Trump. 182 00:08:53,800 --> 00:08:57,480 Speaker 3: I mean, it just feels like this is like a 183 00:08:57,520 --> 00:09:00,640 Speaker 3: problem for Trump now all of a sudden, he's like gotten, 184 00:09:01,040 --> 00:09:05,679 Speaker 3: He's He's formed an alliance with this like essentially rogue 185 00:09:05,800 --> 00:09:09,720 Speaker 3: actor who is very very very powerful, who also maybe 186 00:09:09,760 --> 00:09:14,640 Speaker 3: doesn't understand how government works and is willing nonetheless to 187 00:09:14,720 --> 00:09:18,440 Speaker 3: try to impose himself on, you know, on the on 188 00:09:18,480 --> 00:09:21,920 Speaker 3: the next administration. Like is this that I feel like 189 00:09:21,960 --> 00:09:23,840 Speaker 3: that there's there's a story where that's an asset and 190 00:09:23,880 --> 00:09:26,080 Speaker 3: there's also a story where there's a vulnerability, and would 191 00:09:26,080 --> 00:09:29,720 Speaker 3: love to hear kind of both of those, you know, 192 00:09:30,040 --> 00:09:32,400 Speaker 3: kind of how each scenario could play out over the 193 00:09:32,440 --> 00:09:34,880 Speaker 3: coming months and even I guess over the holiday. 194 00:09:35,600 --> 00:09:37,240 Speaker 1: Yeah, I mean, I feel like the potential benefit to 195 00:09:37,280 --> 00:09:40,800 Speaker 1: Trump is that he has benefited in the past with 196 00:09:40,920 --> 00:09:44,400 Speaker 1: more chaos in the system, sort of the disruption of 197 00:09:44,440 --> 00:09:48,240 Speaker 1: the norms. And there's this there's this classic Washington entropy 198 00:09:48,280 --> 00:09:51,840 Speaker 1: that usually like takes hold and like eventually we all 199 00:09:51,880 --> 00:09:54,280 Speaker 1: agree we got to pass the bill to fund the government. 200 00:09:54,600 --> 00:09:57,920 Speaker 1: But Trump in you know, having promised again to shake 201 00:09:58,040 --> 00:10:01,199 Speaker 1: up everything in the short term benefit by everything being 202 00:10:01,280 --> 00:10:04,240 Speaker 1: shaken up. I think if they actually do get to 203 00:10:04,320 --> 00:10:06,319 Speaker 1: the point of a government shutdown and then it is 204 00:10:06,679 --> 00:10:11,160 Speaker 1: a Holy Republican responsibility when Kim Jeffreys is going to 205 00:10:11,280 --> 00:10:15,240 Speaker 1: sort of not come bail you out it's there, then 206 00:10:15,280 --> 00:10:17,319 Speaker 1: it's on them to strike a deal with a very 207 00:10:17,400 --> 00:10:20,160 Speaker 1: narrow majority in the House and this. 208 00:10:20,360 --> 00:10:22,920 Speaker 2: King Jeffries being the minority, the Democrat. 209 00:10:22,600 --> 00:10:25,440 Speaker 1: Yeah, excuse me, the Democratic leader who even though like Trump, 210 00:10:25,480 --> 00:10:27,640 Speaker 1: is saying things that Democrats usually like, like get rid 211 00:10:27,679 --> 00:10:30,040 Speaker 1: of the dead ceiling right now, they feel like we 212 00:10:30,120 --> 00:10:32,319 Speaker 1: had a deal, you blew it up, you fixed it, 213 00:10:32,520 --> 00:10:35,960 Speaker 1: and they don't feel any We've seen this before from them, 214 00:10:36,240 --> 00:10:40,040 Speaker 1: like when McCarthy fell as in his speakership. There will 215 00:10:40,040 --> 00:10:42,679 Speaker 1: be these times where they decide it's not to our 216 00:10:42,720 --> 00:10:44,920 Speaker 1: political benefit to come bail you out because you can't 217 00:10:44,920 --> 00:10:47,719 Speaker 1: control your conference. And I do feel like if that 218 00:10:47,800 --> 00:10:51,200 Speaker 1: situation were to be prolonged and start to drag on, 219 00:10:51,280 --> 00:10:53,680 Speaker 1: and then Donald Trump and Elon Musk don't have a 220 00:10:53,720 --> 00:10:55,800 Speaker 1: magical solution to that, that's where you could start to 221 00:10:55,840 --> 00:10:58,560 Speaker 1: see political damage to Trump in the long term. 222 00:10:58,920 --> 00:11:01,920 Speaker 3: All right, Ted, and we will stay in touch on this, 223 00:11:02,120 --> 00:11:04,719 Speaker 3: I'm sure. I hope you have a great holiday and 224 00:11:04,800 --> 00:11:05,920 Speaker 3: let's talk again. 225 00:11:05,720 --> 00:11:06,240 Speaker 2: In the new year. 226 00:11:06,320 --> 00:11:08,960 Speaker 3: I'm sure we're gonna have to tackle these issues in 227 00:11:09,040 --> 00:11:11,760 Speaker 3: greater depth no matter what happens, but pleasure to have 228 00:11:11,800 --> 00:11:12,760 Speaker 3: you on the podcast today. 229 00:11:13,440 --> 00:11:14,240 Speaker 1: Thanks for having me. 230 00:11:15,960 --> 00:11:19,040 Speaker 3: Okay, next week we will be joined by Ryan Broderick 231 00:11:19,160 --> 00:11:22,240 Speaker 3: of Garbage Day. It'll be part of a special two 232 00:11:22,320 --> 00:11:31,640 Speaker 3: part holiday series of episodes. This episode was produced by 233 00:11:31,800 --> 00:11:35,920 Speaker 3: Magnus Hendrickson. Anna Maserakas is our editor and Rayon Harmanci 234 00:11:36,000 --> 00:11:39,200 Speaker 3: our senior editor. The idea for this very show also 235 00:11:39,400 --> 00:11:43,080 Speaker 3: came from Rayhn Blake, Maple's Handles Engineering and Emma Sanchez 236 00:11:43,120 --> 00:11:46,400 Speaker 3: fact checks. The Elanik theme is written and performed by 237 00:11:46,400 --> 00:11:50,480 Speaker 3: Taka Yazuzawa and Alex Sagiera. Brendan Francis Newnham is our 238 00:11:50,520 --> 00:11:53,880 Speaker 3: executive producer, and Sage Bauman is the head of Bloomberg Podcasts. 239 00:11:54,440 --> 00:11:57,360 Speaker 3: A big thanks to Joel Weber and Brad Stone. I'm 240 00:11:57,400 --> 00:11:59,640 Speaker 3: Max Chafkin. If you have a minute, rate and review 241 00:11:59,640 --> 00:12:02,240 Speaker 3: our show, it'll help other listeners find us and we 242 00:12:02,320 --> 00:12:05,679 Speaker 3: will see you next week.