The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The most watched sports showdown on Earth - the FIFA World Cup starts today in Mexico City. This year's games will be hosted in three countries - the US, Mexico and Canada - across 16 cities, with 48 teams competing, the most ever. This comes as the event is being overshadowed by political tensions, including conflicts between the US and Iran - driving up fuel prices and creating economic strain for fans.

On this episode, Carol Massar and Tim Stenovec speak with:

• Randall Williams, Bloomberg News Senior Reporter AND Vanessa Perdomo Maglione, Bloomberg News Sports Business Reporter
• Ed Ludlow, Bloomberg Tech Co-Host AND Bailey Lipschultz, Bloomberg News IPO Reporter on SpaceX IPO latest
• Stephen Carroll, Bloomberg Daybreak Europe Host on 'urope Is Finally, Slowly Getting Its Act Together'
• Dr. Sylvia Kwan, CEO of Ellevest on mkts news of day, feminization of wealth and 'wealthcare' for wealth management

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Incline Village has become a billionaires' playground with prime lakefront property, alpine seclusion, and no state income taxes, attracting ex-Californians. The sales volume for single-family homes in Incline Village and Crystal Bay surged to roughly $232 million in the first quarter, with 22 homes sold for more than $2 million. The influx of wealth is raising eyebrows among locals, who worry that the town is transforming into a luxury ZIP code with room for ultrarich tech titans and few others.

For more, Carol and Tim Stenovec spoke with Eliyahu Kamisher, Bloomberg News California Reporter

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.The banks are expected to stop taking orders from institutional investors after the market closes in New York at 4 p.m. on Wednesday, people familiar with the matter have said.

SpaceX’s IPO is set to price June 11 and trade the following day. The company is offering 555.6 million shares at a fixed price of $135 each, which would raise about $75 billion, and value it at about $1.8 trillion.

Orders are still being taken and details could change, the people said, asking not to be identified as the information isn’t public. A representative for SpaceX didn’t immediately respond to a request for comment.

On this episode, Carol Massar and Tim Stenovec speak with:

• Ed Ludlow, Bloomberg Tech Co-Host On SpaceX
• Ben Hylak, Co-Founder and CTO at Raindrop, Former SpaceX and Apple Engineer On Raindrop 2.0 product, and SpaceX from fmr. Engineer perspective
• Paul Andre Huet, Chairman & CEO of America's Gold & Silver AND Gary Evans, CEO at US Antimony On latest company news, mining/antimony roundup
• Todd Gillespie, Bloomberg News Banking Reporter and Sri Natarajan, Bloomberg News Chief Wall Street Correspondent On Goldman CEO Slammed by Two Lawmakers for Standing by Top Lawyer and Trump Heaps Praise on Citi for M&A Ranking It Doesn’t Have

See omnystudio.com/listener for privacy information.