SpaceX Wipes Out a Trillion in Value. "How Low Can These Shares Go?" | Pivot

Pivot with Kara Swisher and Scott Galloway

  • Jul 31, 2026
  • 59:21
  • Full Episode

Kara and Scott unpack Mayor Mamdani’s controversial luxury tax list, Mark Zuckerberg’s AI messaging campaign, and SpaceX’s trillion-dollar wipeout. Then, they discuss the growing divide over AI safety, Apple’s new leasing program, and calls for Mitch McConnell to prove he’s still fit to serve.

00:00 Intro 0:27 Mamdani’s Pied-a-Terre Tax 9:57 Zuckerberg’s AI Media Tour 20:06 AI Safety Initiative 22:54 Data Center Impacts 28:45 SpaceX Wipeout 35:02 Apple’s Leasing Program 45:34 McConnell Gets an Ultimatum 54:17 Predictions

Producers: Lara Naaman Zoë Marcus Taylor Griffin Todd Wiseman

Vox Media's Executive Producer of Podcasts: Nishat Kurwa

Send us your questions by calling us at 855-51-PIVOT, or email [email protected]

Brief Summary

This episode discusses doxing, luxury taxes, Zuckerberg's AI comments, and data center impacts on communities.

Key points

  • Doxing Revelation. Carara shares her experience of being doxed, raising concerns about privacy.
  • Mayor's Controversial Tax List. The release of a list of property owners by the mayor raises ethical questions.
  • AI Optimism vs. Reality. Discussion on Zuckerberg's AI vision and its implications for society.
  • Data Centers and Community Impact. Evan Halper discusses the real concerns communities face from data centers, highlighting broken promises.
  • SpaceX's Market Wipeout. SpaceX's stock plunges over 20%, wiping out $1.2 trillion in market value. How low can it go?
  • Apple's New Leasing Program. Apple introduces a leasing program for devices, allowing customers to make monthly payments.

Tension

45/ 100Some tension

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