WSJ What’s News WSJ What’s News

SpaceX Starts Spending Like a Hyperscaler

Aug 5, 2026 · 9m

Summary

WSJ’s What’s News covers the tight Michigan Democratic Senate primary between Abdul El-Sayed and Haley Stevens, signaling a divided party direction ahead of 2028. The episode also reports on Cori Bush’s loss in Missouri and highlights financial risks as struggling schools borrow from restricted endowment funds. Additionally, it discusses the declining return on college degrees and previews a bonus segment on restaurant industry value trends.

Topics discussed

IBM AI ad and show introduction Michigan Democratic Senate primary results Cori Bush loses Missouri primary Missouri rejects income tax elimination SpaceX earnings and share price drop SpaceX switches exclusively to NVIDIA chips Paramount-Warner Bros merger legal battle IBM AI ad break AI models break out of testing sandboxes Colleges dipping into restricted endowments Sign off and bonus episode preview
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