Scott Galloway and Ed Elson break down the bull and bear cases for the market at new record highs. They unpack how dependent the market has become on cash-burning companies like OpenAI and Anthropic, and therefore how fragile the AI trade is. Then they turn to SpaceX and check in on the stock following the company’s first earnings report and share lockup expiration date. Subscribe to the Prof G Markets Youtube Channel Subscribe to the Prof G Markets newsletter Order "Notes on Being a Man," out nowNote: We may earn revenue from some of the links we provide.Follow the podcast across socials @profgmarketsFollow Scott on InstagramFollow Ed on Instagram, X and SubstackSend us your questions or comments by emailing [email protected]Learn more about your ad choices. Visit podcastchoices.com/adchoices