SpaceX IPO, Epstein Shocker & Austin Metcalf vs Karmelo Anthony’s Parents | PBD #817

The SpaceX IPO is anticipated to be the largest in history, valued at approximately $1.7 trillion. This event is set to create over 4,400 employee millionaires, with about 400 expected to earn over $100 million, and 33 non-executive employees potentially receiving $200-$400 million each. This massive wealth generation is attributed to employees who stayed with the company for many years, enduring early failures and skepticism.

Elon Musk is projected to become the world's first trillionaire. Trevor Highs, an early employee, holds over 100,000 shares, now worth $13.5 million. SpaceX was founded in 2002 and faced repeated failures, with the first three Falcon 1 launches failing and the company nearly running out of money by 2008. Retail demand for the IPO is estimated at $70 billion, nearly filling the entire $75 billion raise, significantly surpassing the previous record held by Saudi Aramco ($29.4 billion).

A new book, 'Regime Change' by Maggie Haberman and Jonathan Swan, details significant internal conflicts and strategic misjudgments within the White House regarding the release of the Epstein files. Key officials, including J.D. Vance, Susie Wiles, and Pam Bondi, were involved in heated discussions, with proposals ranging from enlisting Tucker Carlson to interview Ghislaine Maxwell to considering a pardon or sentence reduction for her, which was strongly opposed by others due to potential PR backlash.

J.D. Vance, then Vice President, was perceived as a 'major conspiracy theorist' by Susie Wiles. Bongino vehemently criticized Pam Bondi, shouting, 'You effed this thing up from the start,' over her handling of the Epstein files and unfulfilled promises of transparency. The book suggests that Bondi's public statements about having 'all the notes' and '10,000 videos' were misleading, leading to a 'hostage video' appearance with Kash Patel and Bongino.

The sentencing of Carmelo Anthony's son to 35 years for the murder of Austin Metcalfe ignited a contentious public debate. Hosts criticize the 'victim mentality' narrative, particularly remarks by Congresswoman Jasmine Crockett, who suggested the perpetrator acted in self-defense due to racial fears, despite evidence. This narrative is seen as politicizing a clear case of murder and perpetuating racial division.

A jury found Anthony's son guilty of murder. Jasmine Crockett questioned the weapon's deadliness, stating, 'You don't know what it's like to be black in America.' Austin Metcalfe's father expressed grace but condemned the Anthony family for not showing up to the sentencing and allegedly misusing GoFundMe money. Videos showed public figures and individuals reacting with anger and violence, including a man punching a veteran he mistakenly believed was on the jury.

Turning Point USA (TPUSA) faced significant criticism for using an AI-generated video of its late founder, Charlie Kirk, to promote his wife, Erica Kirk, as his successor. The hosts argue that this was a 'double dumb move' that undermined the organization's credibility and fueled skepticism, especially given existing questions about the leadership transition and the organization's demographic shift.

During the 'HER Summit,' a montage included a fake AI video of Charlie Kirk saying, 'If something happens to me, everything could go to Erica.' TPUSA staff later admitted it was AI, claiming they were 'trolling the trolls.' The hosts highlight that Charlie Kirk's living trust likely designated Erica as successor, making the AI video unnecessary and counterproductive. The organization is also experiencing a shift from 80% male to increased female membership, which the hosts believe requires a dual leadership face to retain male followers.

Los Angeles Mayor Karen Bass's brother is part of a class-action lawsuit against the city for damages from the Palisades fire, which destroyed his Malibu home. This event highlights alleged governmental incompetence, particularly as Mayor Bass was out of the country during the disaster and the city faced criticism for unpreparedness, dry fire hydrants, and a lack of resources. The hosts speculate this could be a form of 'graft' where the mayor allows her brother to receive a settlement.

Karen Bass was in Ghana during the fire warnings. The lawsuit claims city leadership 'failed to prepare for the response to the disaster.' The New York Times also criticized California's 'indefensible' lengthy vote-counting process, suggesting systemic issues. James O'Keefe's videos showed individuals on Skid Row being paid $2-$5 to vote for specific candidates, indicating potential voter fraud in LA elections.