Why Elon Is Giving Every Kid a SpaceX Share

Elon Musk says he will give a SpaceX share to every kid in America next year, about $10B of stock, and the table splits on generosity versus strategy. Also on the clock: 5% Treasury yields and a $2 trillion deficit, CoreWeave default insurance spiking, JPMorgan ranking Bitcoin its top long-run asset, and Germany's Sparkassen opening Bitcoin trading. Where's the signal, and where's the noise?

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CHAPTERS

00:00 - Intro

00:52 - Topic 1 - Musk Pledges a SpaceX Share to Every Kid in America

06:03 - Topic 2 - 5% Treasury Yields, a $2 Trillion Deficit, and Who Buys the Debt

11:52 - Topic 3 - CoreWeave Default Insurance Spikes as AI's Debt Bill Comes Due

20:20 - Topic 4 - JPMorgan's Long-Term Forecast Ranks Bitcoin First for the First Time

25:41 - Topic 5 - Germany's Sparkassen Open Bitcoin Trading to Millions of Customers

29:40 - Wrap-Up & Parting Thoughts

ABOUT THE SHOW

Signal vs Noise is a twice-weekly livestream and show unpacking the biggest stories across capital, markets, technology, and people, six minutes on the clock for each, with Jackson Mikalic, Michael Tanguma, Liam Nelson, and Brian Cubellis.

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Onramp does not provide financial, tax, or legal advice. Nothing here is a recommendation to buy or sell any asset. This episode is for entertainment purposes only.