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SpaceX Starts Spending Like a Hyperscaler

A.M. Edition for Aug. 5. Michigan awaits the results of a Democratic Senate primary seen as a referendum on the party’s identity. We’ll get the latest…

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Episode Summary

A.M. Edition for Aug. 5. Michigan awaits the results of a Democratic Senate primary seen as a referendum on the party’s identity. We’ll get the latest as the vote count continues. Plus, SpaceX shares slide after the company discloses huge AI investments. And struggling private colleges are increasingly tapping restricted donor endowments to cover day-to-day…

Published August 5, 2026 · 9:59