December 5, 2025 • 4 mins
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Speaker 1 (00:01):
News when you want it with Bloomberg News Now, I'm
ad Kalegy. SpaceX is reportedly in talks for a share
sale that would value the rocket maker higher than open
AIS record setting five hundred billion dollars, making SpaceX the
most valuable US private company Bloomberg's and Ludlow says there's
actually more to this.
Speaker 2 (00:21):
I'm hearing that there is a tender underway. It could
close by Monday. But actually the share price I was
hearing is much nearer to three hundred dollars apiece, which
would put the valuation nearer to six hundred billion dollars.
So this is a kind of live situation.
Speaker 1 (00:36):
Sources tell The Wall Street Journal that SpaceX CFO Brett
Johnson told investors about the sale in recent days. In addition,
the Information is reporting that SpaceX is looking to launch
an IPO in late twenty twenty six. The State's Department
says the US and Ukraine have agreed to a framework
of security arrangements after two days of meetings between officials
from both countries. The US was led by Special Envoy
(00:57):
steep And Witcoff and Jared Kushner. Discussions included necessary deterrence capabilities,
to sustain a lasting piece, and both parties agreed that
progress depends on Russia's readiness to show serious commitment to
long term peace, including steps toward de escalation and cessation
of killings. The US and Ukraine will reconvene Saturday for
more talks. The Supreme Court said it will review President
(01:20):
Trump's planned rollback of automatic birthright citizenship, setting up a
high stake showdown over when long has been understood to
be a constitutional right. The clash will test a Trump
executive order that lower courts have uniformly says runs a
foul of the Constitution, federal immigration law, and Supreme Court precedent.
The justices will hear an administration appeal in a suit
(01:41):
being pressed by affected people. It is the first time
the President's plan has been squarely before the High Court.
Netflix has agreed to buy Warner Bros. Discovery, marking a
seismic shift in the entertainment business as a Silicon Valley
bred streaming giant tries to swallow one of Hollywood's oldest
and most revered studios. Under terms of the deal announced Friday,
(02:01):
Warner Brothers shareholders will receive twenty seven seventy five a
share in cash and stock in Netflix, valuing the business
at eighty two point seven billion including debt. The total
equity value of the deal is seventy two billion dollars.
Warner Brothers will spin off cable networks such as CNN
and TNT into a separate company before concluding the sale
of its studio and HBO two Netflix. The Trump administration
(02:25):
has started charging a five thousand dollars fee to people
who enter the US illegally. The apprehension fee applies to
any one fourteen year older who was arrested and determined
to have crossed the border without authorization and is deemed inadmissible.
US Border Patrol Chief Michael Banks said this in a
statement on x on Thursday. The fee was approved by
Congress under President Trump's One Big, Beautiful Bill Act, which
(02:48):
included billions of dollars for immigration enforcement. An influential panel
of US vaccine advisors voted to revoke a long standing
recommendation that all babies receive hepatitis B shop within twenty
four hours of birth, a move expected to reverse the
country's progress toward eliminating the disease. The decision is the
most consequential action taken by the Advisory Committee on Immunization
(03:11):
Practices since the group was recast under Health and Human
Services Secretary Robert F. Kennedy Junior earlier this year. The
vote allows parents to delay the shot for at least
two months, or skip it all together if the mother
tests negative for the virus. The stock market crept higher
on Friday, but stopped short of records. We get more
from Bloomberg's Charlie Pellett.
Speaker 3 (03:31):
For the week, the S and P five hundred index
was up three tenths of one percent. The Dow gained
five tenths. NASDAK was up by nine tenths of one percent.
Traders refrain from making big bets ahead of the Fed's
interest rate cut decision next week. The NASDAK one hundred
index up four tenths of one percent, while the Russell
two thousand gage of smaller companies slipped after closing at
(03:52):
a record on Thursday. Friday, the SMPN Dow both gained
two tents of one percent. NASDAK was up three to
ten of one percent in New York, Charlie pet Bloomberg radio.
Speaker 1 (04:03):
President Trump has eased the required improvements in fuel economy
imposed on the auto industry. Republican Lisa McLain if Michigan
tells Bloomberg the auto companies in her state welcome the decision.
Speaker 4 (04:14):
It's less regulation and it makes the car more affordable.
And the more regulation you put on manufacturers, that's passed
right down to the consumer, so they produce an actual
product that people want to buy.
Speaker 1 (04:30):
Republican Lisa McLain of Michigan. The Friday numbers on Wall Street,
the Dow gain one four, Nasdaq added seventy two, the
S and P was up thirteen. The ten year treasury
yield is at four point one three percent, the two
year treasury yield three point five six percent. That's news
when you want it with Bloomberg News. Now I made Kleggy.
This is Bloomberg
News when you want it with Bloomberg News Now, I'm
ad Kalegy. SpaceX is reportedly in talks for a share
sale that would value the rocket maker higher than open
AIS record setting five hundred billion dollars, making SpaceX the
most valuable US private company Bloomberg's and Ludlow says there's
actually more to this.
Speaker 2 (00:21):
I'm hearing that there is a tender underway. It could
close by Monday. But actually the share price I was
hearing is much nearer to three hundred dollars apiece, which
would put the valuation nearer to six hundred billion dollars.
So this is a kind of live situation.
Speaker 1 (00:36):
Sources tell The Wall Street Journal that SpaceX CFO Brett
Johnson told investors about the sale in recent days. In addition,
the Information is reporting that SpaceX is looking to launch
an IPO in late twenty twenty six. The State's Department
says the US and Ukraine have agreed to a framework
of security arrangements after two days of meetings between officials
from both countries. The US was led by Special Envoy
(00:57):
steep And Witcoff and Jared Kushner. Discussions included necessary deterrence capabilities,
to sustain a lasting piece, and both parties agreed that
progress depends on Russia's readiness to show serious commitment to
long term peace, including steps toward de escalation and cessation
of killings. The US and Ukraine will reconvene Saturday for
more talks. The Supreme Court said it will review President
(01:20):
Trump's planned rollback of automatic birthright citizenship, setting up a
high stake showdown over when long has been understood to
be a constitutional right. The clash will test a Trump
executive order that lower courts have uniformly says runs a
foul of the Constitution, federal immigration law, and Supreme Court precedent.
The justices will hear an administration appeal in a suit
(01:41):
being pressed by affected people. It is the first time
the President's plan has been squarely before the High Court.
Netflix has agreed to buy Warner Bros. Discovery, marking a
seismic shift in the entertainment business as a Silicon Valley
bred streaming giant tries to swallow one of Hollywood's oldest
and most revered studios. Under terms of the deal announced Friday,
(02:01):
Warner Brothers shareholders will receive twenty seven seventy five a
share in cash and stock in Netflix, valuing the business
at eighty two point seven billion including debt. The total
equity value of the deal is seventy two billion dollars.
Warner Brothers will spin off cable networks such as CNN
and TNT into a separate company before concluding the sale
of its studio and HBO two Netflix. The Trump administration
(02:25):
has started charging a five thousand dollars fee to people
who enter the US illegally. The apprehension fee applies to
any one fourteen year older who was arrested and determined
to have crossed the border without authorization and is deemed inadmissible.
US Border Patrol Chief Michael Banks said this in a
statement on x on Thursday. The fee was approved by
Congress under President Trump's One Big, Beautiful Bill Act, which
(02:48):
included billions of dollars for immigration enforcement. An influential panel
of US vaccine advisors voted to revoke a long standing
recommendation that all babies receive hepatitis B shop within twenty
four hours of birth, a move expected to reverse the
country's progress toward eliminating the disease. The decision is the
most consequential action taken by the Advisory Committee on Immunization
(03:11):
Practices since the group was recast under Health and Human
Services Secretary Robert F. Kennedy Junior earlier this year. The
vote allows parents to delay the shot for at least
two months, or skip it all together if the mother
tests negative for the virus. The stock market crept higher
on Friday, but stopped short of records. We get more
from Bloomberg's Charlie Pellett.
Speaker 3 (03:31):
For the week, the S and P five hundred index
was up three tenths of one percent. The Dow gained
five tenths. NASDAK was up by nine tenths of one percent.
Traders refrain from making big bets ahead of the Fed's
interest rate cut decision next week. The NASDAK one hundred
index up four tenths of one percent, while the Russell
two thousand gage of smaller companies slipped after closing at
(03:52):
a record on Thursday. Friday, the SMPN Dow both gained
two tents of one percent. NASDAK was up three to
ten of one percent in New York, Charlie pet Bloomberg radio.
Speaker 1 (04:03):
President Trump has eased the required improvements in fuel economy
imposed on the auto industry. Republican Lisa McLain if Michigan
tells Bloomberg the auto companies in her state welcome the decision.
Speaker 4 (04:14):
It's less regulation and it makes the car more affordable.
And the more regulation you put on manufacturers, that's passed
right down to the consumer, so they produce an actual
product that people want to buy.
Speaker 1 (04:30):
Republican Lisa McLain of Michigan. The Friday numbers on Wall Street,
the Dow gain one four, Nasdaq added seventy two, the
S and P was up thirteen. The ten year treasury
yield is at four point one three percent, the two
year treasury yield three point five six percent. That's news
when you want it with Bloomberg News. Now I made Kleggy.
This is Bloomberg
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