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Tech Selloff Deepens, SpaceX Eyes Access to 80,000 Cell Sites, More

Oct 23, 2026 · 7m

Summary

This Bloomberg Tech Minute segment details SpaceX's hiring culture, emphasizing loyalty to Elon Musk and a preference for hands-on experience over advanced degrees. The episode also covers broader market news, including a sharp decline in semiconductor stocks due to AI trade reevaluations and disappointing results for Moderna and Merck's melanoma vaccine. Additionally, it reports on geopolitical tensions involving Starlink in Ukraine, a lawsuit against Trump and World Liberty Financial, and the death of actor Tom Skerritt.

Topics discussed

PayPal Pay Later holiday promotion SpaceX hiring culture and Elon Musk's influence Boomi ad: Enterprise AI integration and data management Asia-Pacific market losses and AI capex concerns Oil prices rise amid US-Iran strike plans SpaceX wireless carrier plans and Starlink Ukraine limits Moderna and Merck melanoma vaccine results disappoint Trump ordered to sit for deposition in BBC lawsuit Lawsuit against Trump and World Liberty Financial Virginia legislator charged with racketeering and money laundering Resignation of top advisor to RFK Jr. Actor Tom Skerritt dies PayPal Checkout holiday promotion SpaceX hiring culture and Elon Musk's influence (repeat) Comcast Business networking and support services Bloomberg Tech London event announcement
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