Tech Trade Under Pressure; Musk Sells His Vision of the Future | Bloomberg Tech 6/05/2026

Tech Trade Under Pressure; Musk Sells His Vision of the Future | Bloomberg Tech 6/05/2026

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Bloomberg Technology’s June 5, 2026 live broadcast serves as a comprehensive snapshot of a pivotal week across AI infrastructure and capital markets. The centerpiece is the imminent SpaceX IPO: Elon Musk appeared the prior evening at JPMorgan’s headquarters alongside CEO Jamie Dimon, where he confirmed that capital needs are the driving force behind going public. Bloomberg is reporting the offering is oversubscribed ahead of final pricing next Thursday at $135 per share, raising more than $75 billion at a $1.77 trillion valuation — what would be the largest IPO in history. Notably, the deal will not be fast-tracked into the S&P 500, and Chinese and Hong Kong investors are excluded from the order book on security grounds.

On the chip side, Nvidia CEO Jensen Huang, speaking in Seoul, confirmed that all three HBM memory vendors — including Samsung and SK Hynix — are now qualified and in full production to supply memory for the next-generation Vera Rubin architecture. J.P. Morgan simultaneously upgraded its Tesla price target by more than 200%, a striking move the morning after the Musk-Dimon event.

The broadcast also features the Broadcom CEO on AI productivity economics, a Yale Budget Lab economist on AI’s absence from labor data, and coverage of broader market stress — chip stocks fell 4.7% on the session, with the S&P 500 poised to snap a nine-week win streak as hot May jobs numbers pushed the 10-year yield to 4.5%.


📺 Source: Bloomberg Technology · Published June 05, 2026
🏷️ Format: Livestream

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