Episode Description

The Information’s Cory Weinberg breaks down Goldman Sachs' exclusive financial models for the SpaceX IPO, detailing a massive $350 billion cash burn projection through 2030 and the S&P 500's decision to block a fast-tracked index entry. Co-executive editor Martin Peers exposes the internal engineering friction at xAI, including Elon Musk’s habit of firing researchers over unrealistic deadlines and how staff used personal accounts to access Anthropic's models. Finally, San Francisco Bureau Chief Jason Dean unpacks the exclusive scoop that data center developer Switch is in talks with KKR and Brookfield to raise capital at a valuation of at least $50 billion.

Articles discussed on this episode:

https://www.theinformation.com/articles/wall-street-expects-spacex-burn-350-billion-cash-2030

https://www.theinformation.com/articles/xai-went-chasing-anthropic-powering

https://www.theinformation.com/articles/data-center-developer-switch-talks-raise-billions-50-billion-plus-valuation

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Chapters:

00:00 - Introduction

01:13 - SpaceX Models Slated to Burn $350 Billion

09:41 - Why S&P Refused to Fast-Track SpaceX

13:32 - The xAI and Anthropic Cat and Mouse Game

19:50 - The AI Paradox for Cybersecurity Stocks

23:01 - Data Center Giant Switch Eyes $50B+ Valuation