The Prof G Pod with Scott Galloway

Podbit · The Prof G Pod with Scott Galloway

China Decode: Why China Got Locked Out of SpaceX and America’s Biggest IPOs (ft. Ed Elson)

Explore episode Jun 16, 2026

Where this was said

Markets Check-In & SpaceX IPO Overview

At 4:59 · chapter starts 3:00

Alice Han opens the main discussion with a quick Monday market check: Chinese indices finished strongly on the back of news that the US and Iran had reached a deal potentially reopening the Strait of Hormuz, with the CSI 300 up 2.4%, Shenzhen Composite up 3.4%, and the Shanghai Composite up 1.6%. She then sets the stage for the episode's two headline stories — SpaceX completing the largest IPO in history and making Elon Musk the world's first trillionaire, and the Pentagon's latest round of Chinese Military Companies designations covering Alibaba, BYD, and Baidu. Alice frames the week as historically significant, even slipping in a note that the Knicks won against the Spurs for the first time since the 1970s.

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