SpaceX IPO, Epstein Shocker & Austin Metcalf vs Karmelo Anthony’s Parents | PBD #817
June 12, 2026
AI Summary
5 min readSpaceX IPO, Epstein Shocker & Austin Metcalf vs Karmelo Anthony’s Parents | PBD #817
The episode covers a packed news cycle dominated by SpaceX's impending IPO—which could make Elon Musk the world's first trillionaire and turn thousands of regular employees into millionaires—alongside revelations from a forthcoming book about White House dysfunction over the Epstein files, the aftermath of the Austin Metcalf murder trial, and a controversy at Turning Point USA involving an AI-generated video of Charlie Kirk.
SpaceX IPO: The Biggest in History
SpaceX is going public at an estimated $135 per share, raising approximately $75 billion—nearly three times the previous record set by Saudi Aramco. The retail demand alone is $70 billion, enough to fill the entire offering. But the story that grabbed the hosts is the life-changing wealth for rank-and-file employees. More than 4,400 current and former SpaceX workers are expected to become millionaires, with roughly 400 employees—none of them C-suite, VPs, directors, or managers—receiving between $200 million and $400 million each.
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What you'll learn
- 1 (00:31) **SpaceX IPO Creates 4,400 Millionaires** - Discussion of the massive IPO, expected to be the largest in history, making many regular employees incredibly wealthy.
- 2 (09:33) **SpaceX IPO Investment Advice** - Panel discusses whether retail investors should buy into the highly anticipated IPO.
- 3 (21:21) **Austin Metcalf Murder: Sentencing and Fallout** - Coverage of Carmelo Anthony's 35-year sentence for stabbing Austin Metcalf and the ensuing public narrative.
- 4 (44:53) **TPUSA AI Video Controversy** - Turning Point USA is criticized for using an AI-generated video of the late Charlie Kirk at a summit.
- 5 (68:42) **Epstein Files: Inside the White House Freakout** - Detailed discussion of a new book "Regime Change" that reveals internal White House chaos over the Epstein file release.
- 6 (99:10) **LA Mayor Karen Bass's Brother Sues City** - The brother of LA Mayor Karen Bass is part of a massive lawsuit against the city over the Palisades fire.
- 7 (112:17) **Knicks Historic Comeback & NBA Finals** - Recap of the New York Knicks' record-breaking 29-point comeback to win Game 4 of the NBA Finals.
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Show Notes
Patrick Bet-David, Tom Ellsworth, Adam Sosnick, and Vincent Oshana break down new Epstein revelations, the Karmelo Anthony fallout, the SpaceX IPO frenzy, and other major stories shaping America.
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ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
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