The Rundown

Market update for Wednesday June 3, 2026
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Market update for Tuesday June 2, 2026
Check out the Public app for incredible investing tools and to support the show (LINK)
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In today’s episode, Zaid covers:
Anthropic filing to go public, kicking off what could be the biggest IPO wave ever alongside SpaceX and OpenAI

Google raising $80 billion by selling stock to fund its AI buildout

Marvell surging after Jensen Huang calls it a potential trillion-dollar company

Shake Shack tumbling after cutting guidance

Fun Fact: SoftBank overtakes Toyota as Japan’s most valuable company for the first time since the dot-com bubble

Market update for June 1, 2026. 
SpaceX Valuation Deep Dive: [Spotify][YouTube]
Check out the Public app for incredible investing tools and to support the show (LINK)
Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.
In today’s episode, Zaid covers:
Nvidia shows off new AI chip designed for PCs

SpaceX lands two huge Space Force contracts ahead of its record-breaking IPO

Berkshire Hathaway buys homebuilder Taylor Morrison for $6.8 billion

AST SpaceMobile drops after a Blue Origin rocket explosion rattles space stocks

Fun fact: what the Spurs-Knicks NBA Finals has to do with the dot-com bubble

Fresh off Spotify's Investor Day, Zaid talks with Roman Wasenmüller, Spotify's Global Head of Podcasts, about how a music company became a podcasting powerhouse. Wasenmüller traces it back to early consumer signals in Germany in 2015–16, the acquisition spree (Anchor, Megaphone, Gimlet, Parcast, The Ringer), and the exclusivity era that put Spotify on the map. Then he looks ahead: video podcasting as a discovery engine, distributing full Ringer episodes on both Spotify and Netflix, AI "personal podcasts" made just for you, verification for human-made shows, and a monetization mix spanning ads, Premium video payouts, and memberships.

In today's deep dive, Zaid breaks down the upcoming SpaceX IPO which is on track to be the biggest in history at a $1.75 trillion valuation
The recent filing showed a company that's burning cash, growing slower, and looks very different from the rocket company you think it is. 
We get into all of it, the business, the numbers, the valuation, and whether retail investors are being set up as exit liquidity.