Wall Street Week | The World’s First Trillionaire, Governance Meets Growth, Menopause Market Boom

Summary

The episode examines media consolidation through the Fox-Roku deal and Comcast breakup, SpaceX's historic IPO that created the first trillionaire and triggered governance alarm, and the menopause market boom after the FDA reversed hormone therapy warnings. It highlights Fox as a disciplined FAST winner, warns against SpaceX's extreme dual-class structure, and explores the $360 billion unmet need in women's midlife health now attracting startups and investor capital.

• Michael Wolf argues Fox is the best performing media stock after its Roku acquisition makes it a vertical FAST leader.
• Comcast's split into focused connectivity and NBCU units is seen as a positive but not as strong a thesis.
• SpaceX's $2 trillion IPO made Elon Musk the first trillionaire, reigniting debate on wealth inequality and tax policy.
• Anders Schelde excludes SpaceX for catastrophic governance; Lucian Bebchuk says investors must heavily discount the stock.
• The FDA under Marty Makary removed HRT black box warnings, sparking surging demand for estrogen patches and telehealth.
• Midi Health reached a $1 billion valuation amid a boom in menopause-focused companies, though product quality varies.
• Women's health remains dramatically underfunded (less than 1% of health care investment), with menopause a large, untapped market.