Bloomberg This Weekend | SpaceX Launches Biggest IPO, Team USA Wins

Summary

This episode covers Elon Musk becoming the first trillionaire after SpaceX's record $75 billion IPO, ongoing efforts to finalize a US-Iran interim nuclear deal, and broader market and consumer trends. The program also features interviews on World Cup geopolitics, healthcare risks, and Swarovski's pop luxury rebrand.

• SpaceX closed up 19% on its first trading day, giving it a $2.2 trillion market cap and making Elon Musk the world's first trillionaire.
• A potential US-Iran interim deal could ease sanctions and reopen the Strait of Hormuz, with Pakistan's PM predicting finalization within 24 hours.
• Oil prices fell below $85 a barrel and equities rallied Friday on optimism around the Iran deal and SpaceX debut.
• Swarovski CEO details the company's 'pop luxury' strategy, including lab-grown diamonds and partnerships with Ariana Grande.
• The World Cup is marked by geopolitical tensions, with the US as a host nation actively involved in conflicts with participating countries.
• Health experts warn of measles outbreaks and other infectious disease risks at mass gatherings like the World Cup.
• The New York Knicks are one win away from their first NBA title in over 50 years.
• Consumer brands see growth in lower-caffeine beverages as people track sleep impacts with wearables.