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December 6, 2025 5 mins

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Speaker 1 (00:00):
News when you want it with Bloomberg News Now, I
med Kleggy. SpaceX is preparing to sell insider shares at
a transaction that would value Elon Musk's rocket and satellite
maker at as much as eight hundred billion dollars. This
from people familiar with the matter, reclaiming the title of
the world's most valuable private company. The details discussed by
SpaceX's board of directors on Thursday at its Star Base

(00:23):
hub in Texas, could change based on interest from insiders,
sellers and buyers, or other factors. This from some of
the people, who asked not to be identified as the
information is not public. SpaceX is also exploring a possible
initial public offering as soon as late next year. Elon
Musk on Saturday denied that SpaceX is raising money at
an eight hundred billion dollar valuation, without addressing Bloomberg's reporting

(00:47):
on the planned offering of insiders shares. JP Morgan Chase
chief executive officer Jamie Diamond called out slow bureaucracy in
Europe in a warning that a weak continent poses a
major economic risk to the year. He says, Europe has
a problem.

Speaker 2 (01:02):
Europe has a problem. I think they accomplished an unbelievable
thing with when they euro got together the East and
they said, you know, let's live in peace. So living
in piece is a good thing. But it got bogged down.
It takes twenty seven nations, you know, to make a decision.
They let their military drop dramatically. It's very bureaucratically.

Speaker 1 (01:22):
Diamond went on to say Europe has driven business out,
They've driven investment out, they've driven innovation out. Diamond, leader
of the biggest US bank, has long said that the
risk of a fragmented Europe is among the major challenges
facing the world. Apple, long the model of stability in
Silicon Valley, is suddenly undergoing its biggest personnel shake up
in decades, with senior executives and key engineers both hitting

(01:43):
the exits In just the past week. Apple's heads of
artificial Intelligence and interface designs step down. Then the company
announced that its general counsel and head of governmental affairs
were leaving as well. All four executives have reported directly
to Chief executive Officer Tim Cook, marking an exceptional level
of turnover in Apples c suite. The leaders of France,
Germany and the UK will meet with Ukrainian President Voladimir

(02:06):
Zelenski in London Monday to discuss US efforts to reach
a peace deal after Russia carried out another round of
massive attacks. French President Immanuel Macrone announced the meeting on
Saturday in a post on social media in which he
condemned the latest strikes by Moscow on energy and rail
infrastructure in Ukraine. Macrohn' Zelenski, German Chancellor Friedrich Meers, and

(02:26):
British Prime Minister kir Starmer will assess the situation in
Ukraine and the ongoing negotiations involving the US. The US
said Friday its negotiators had agreed with Kiev on a
framework of security arrangements and discussed what deterrence capabilities were
needed as part of a deal to end the war
with Russia. However, there was little indication of a major breakthrough.

(02:47):
Arizona Senator Reuben Gego wants to use an employment based
visa program to draw more foreign investment into the US
housing market. Bloomberg's Amy Morris explains from Washington.

Speaker 3 (02:58):
The idea is to boost the housing supply and reduce
housing costs while creating more jobs for American workers. Senator
Diego's plan aims to address the affordability crunch caused by
years of underbuilding and higher mortgage rates. Under the EB
five program, foreign nationals can obtain a legal permanent residence
status by investing in a new commercial enterprise in the

(03:20):
US and creating at least ten full time jobs. This
bill would extend that lower threshold to investment in housing
projects and expedite affordable housing applications in Washington. Amy Moore
as Bloomberg Radio.

Speaker 1 (03:32):
We're learning more about how Netflix landed its deal to
buy Warner Brothers Discovery. Bloomberg's Monica Rix reports.

Speaker 4 (03:39):
Netflix's plan for Warner Brothers reportedly started to take shape
around Thanksgiving. The streamer assembled a fifty nine billion dollar
bridge loan from banks to make a mostly cash and
stock bid, and sources tell Bloomberg its offer eventually one
thanks to doubts for Warner executives about how Paramount would
pay for the company. Now, Warner Brothers CEO David Zasla

(04:00):
is poised to become a billionaire if this deal closes,
but if it falls apart or fails to win regulatory approval,
Netflix has also agreed to pay a five point eight
billion dollar penalty. It's one of the biggest breakup fees
of all time. Monica Rix, Bloomberg Radio.

Speaker 1 (04:15):
Toma Bravo founder and managing partner Orlando Bravo says the
rapid advancement of AI is stirring enormous anxiety among investors,
and the hype has triggered a fear of missing out
in private markets. Bravos spoke to Bloomberg's Danny Berger at
a Bloomberg New Voices event in Miami.

Speaker 5 (04:31):
There are two big points that are always in every
headline regarding AI. One is things have changed, and two
things are moving really fast. When you, as an individual
an investor in anything, you hear those two terms, everything's
changing and everything's changing really fast, it creates enormous anxiety,
and that anxiety hits investors that are responsible for so
much capital really really hard.

Speaker 1 (04:52):
Toma Bravo founder and managing partner Orlando Bravo. President Trump
ordered the Department of Justice and the Federal Trade Commission
and to investigate the US food supply chain for potential
price fixing and other anti competitive behavior to drive up
costs of goods such as meat, seeds, and fertilizer, especially
by foreign companies. Trump, in an executive order published Saturday,

(05:15):
said he ordered the Department and the FTC to establish
a task force dedicated to investigating any anti competitive behavior
and whether control of food related industries by foreign entities
pose a national security threat. That's news when you want
it with Bloomberg News. Now, I'm at Kleggi. This is
Bloomberg
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