This week: We saw just how many people are willing to invest in Elon Musk. Felix Salmon, Elizabeth Spiers, and Emily Peck, look at what makes SpaceX’s massive IPO so strange and why investors are willing to overlook things like Musk’s obsession with going to Mars. Then, they discuss Donald Trump’s deal with Iran and what the war has done to Iran’s economy. And finally, Emily unpacks the origin of tobacco-bonds and why they’re now failing.


In the Slate Plus episode: What if your digital secrets got out?


Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.


Podcast production by Jessamine Molli and Cheyna Roth



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