SpaceX Reports First Earnings, Mideast Turmoil, FIFA Fallout | Bloomberg This Weekend: Aug 2, 2026

Summary

Bloomberg This Weekend covers President Trump's last-minute pause on planned strikes against Iran, with hopes for a deal reopening the Strait of Hormuz that could ease oil prices. The show previews SpaceX's first post-IPO earnings report amid a steep stock decline and AI infrastructure ambitions. It also examines the near-collapse of a $45B AI-focused hedge fund and Citadel's opportunistic purchase of its assets. Additional segments include governors discussing AI data centers as a national security imperative, the Michigan Senate primary's Democratic divide, and how AI adoption is straining personal and professional relationships.

• Trump pauses Iran strikes after Saudi diplomacy, promises Hormuz reopening; markets seen reacting positively.
• SpaceX to report first public earnings; focus on AI capex, Starship, and Starlink profitability.
• Situational Awareness hedge fund assets crater from $45B to $10B; Citadel buys discounted AI stock portfolio.
• Governors call AI/data centers an economic and security imperative, pledging affordability measures.
• Michigan Democratic Senate primary tests party fault lines on ideology, money, and Israel.
• AI usage creates personal divides; survey shows many would reject a partner reliant on AI.
• Trump-backed $20B Dulles Airport renovation aims to modernize the capital's international gateway.