Bloomberg This Weekend

Bailey Lipschultz, Bloomberg senior reporter who covers markets and tech, and tracks SpaceX and AI companies. She discusses how Iran-driven market jitters affect IPO timing. Short takes on why SpaceX might confidentially file now. Quick notes on valuation challenges from diverse business lines and how retail allocations could shape investor demand.

President Donald Trump threatened to attack Iran’s power plants if the country didn’t swiftly reopen the Strait of Hormuz to commercial ship traffic after the passage of oil and gas cargoes was paralyzed. Trump said in a social media post late Saturday that he would “hit and obliterate” Iran’s power plants, beginning with the biggest one, if it didn’t open the strait within 48 hours. This comes as President Trump also said he’s ready to deploy Immigration and Customs Enforcement agents to US airports as soon as Monday if congressional Democrats don’t agree to a plan for funding parts of the Department of Homeland Security.  On today's show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with: - Democratic Representative Glenn Ivey of Maryland, on Trump's declaration that ICE will be working in American airports, and whether Congress is considering providing $200 billion in additional funding for the war in Iran. - Republican Representative Greg Steube of Florida, on the potential of an American ground invasion in Iran and efforts to secure the Strait of Hormuz. - Bloomberg News White House Reporter Skylar Woodhouse, Jason Beeferman, New York State Politics Reporter at Politico, and Bloomberg News Senior Reporter Myles Miller, on Border Czar Tom Homan saying that ICE agents are coming to airports tomorrow, and Trump's response to the death of Robert Mueller. - Alex Rodriguez, Co-Host of Bloomberg's "The Deal," on sports investments and what to expect on the MLB's Opening Day. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.See omnystudio.com/listener for privacy information.

Andy Weir, bestselling sci‑fi author of The Martian and Project Hail Mary, discusses his science-first storytelling and creature design. Ernesto Soberón Guzmán, Cuba's UN ambassador, talks about the island’s humanitarian strains and pushback to U.S. pressure. Brendan Duvall, LNG executive and founder of Glenfarne Group, breaks down market shocks from Middle East attacks and implications for global gas supplies.

Michael Lawler, a lawmaker on the Foreign Affairs Committee, defends recent U.S. actions. Adam Smith, the Armed Services ranking member, critiques strategy and military risks. Lee Zeldin, EPA chief, discusses energy security from Tokyo. Philip Crowther, AP correspondent in the Gulf, reports on strikes near the Strait of Hormuz. They debate war-ending terms, shipping risks, energy diplomacy, and military limits.

Dave Regnery, CEO of Trane Technologies, on company strategy and apprenticeships. Dan Williams, Bloomberg Jerusalem reporter, on Israeli aims and regional ground operations. Philip Crowther, AP international correspondent, on Kharg Island, shipping and oil infrastructure. They discuss U.S. strikes, maritime risks and the war’s regional ripple effects in multiple vivid conversations.

Iran picked a new supreme leader and kept up attacks on the ninth day of the war in the Middle East, hitting a water plant in Bahrain, while Israel struck fuel depots in Tehran and threatened the Islamic Republic’s power grid. Tehran didn’t disclose the identity of the new leader.  The chaos that has gripped the oil market looks set to deepen, with more production getting cut as the war in Iran effectively shuts the Strait of Hormuz, and the US considers widening its range of targets in the country. On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with: - Daniel Yergin, Vice Chairman at S&P Global, on oil prices nearing a $100-a-barrel threshold. - Former US Ambassador to Israel Tom Nides, on the relationship between President Trump and Prime Minister Netanyahu, and Israel's role in the Iran conflict. - Republican Senator Mike Rounds of South Dakota, on why the Trump Administration may have chosen to pursue a war with Iran. - Team USA Olympic Bobsledders Kaillie Humphries and Elana Meyers Taylor, on what it means to be both a mother and a gold medalist. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.See omnystudio.com/listener for privacy information.

President Donald Trump demanded Iran capitulate in the war’s seventh day, suggesting a longer timeframe for the conflict even amid energy-market tumult and worries about whether the US has the military stockpiles to carry on the fight indefinitely.  “Today Iran will be hit very hard!” Trump said in a social media post in the early hours of Saturday, as the US and Israel bombarded Tehran and other cities for an eighth day. The attacks will continue “until they surrender or, more likely, completely collapse!” On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with: - Mike McKee, Bloomberg News International Economics and Policy Correspondent, and Julian Lee, Bloomberg News Oil Strategist, on the war's impact for the oil market. - Bloomberg Intelligence Senior Defense Analyst and Retired Colonel Wayne Sanders, and Becca Wasser, Bloomberg Economics Defense Lead, on a New York Times report revealing Russia is sharing intelligence with Iran. - Dan Williams, Bloomberg News Jerusalem Reporter, on the level of disruption for those on the ground in the Middle East. - Deputy National Security Advisor to President Trump, Victoria Coates, and Senior Advisor at the Cohen Group, Jen Gavito, on what Trump's latest Truth Social post warns for Iran. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.See omnystudio.com/listener for privacy information.

Ayatollah Ali Khamenei, the supreme leader of Iran who ruled over the Islamic Republic for more than three decades as it faced off with the West, was killed Saturday after the US and Israel launched airstrikes on Tehran. Iranian media on Sunday confirmed the death, saying Khamenei was killed in his office compound and that there will be 40 days of national mourning. This comes as three US service members have been killed in action and five are seriously wounded as part of Operation Epic Fury, CENTCOM says in an X post. On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with: - Democratic Senator Mark Warner of Virginia, who says he was briefed on plans for the attack on Iran and that President Trump had been considering several options. - Democratic Representative Jason Crow of Colorado, on Democrats in Congress expecting to force a war powers vote this week. - Republican Representative Michael McCaul of Texas, who says the Iranian people will have a chance to take back their country. - Hagar Chemali, Former US Mission to the UN, Bloomberg Washington Correspondent Jeff Mason, and Co-Anchor of Bloomberg's "Balance of Power" Joe Mathieu on what might happen next amid protests in Iran. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.See omnystudio.com/listener for privacy information.

Iran’s supreme leader was killed in US–Israeli airstrikes, a seismic development in a conflict that’s spread to half a dozen countries across the Middle East and threatens to disrupt energy flows. For details, and suggestions of what happens next, 'Bloomberg This Weekend' hosts David Gura and Christina Ruffini speak with Bloomberg anchor Joumanna Bercetche in Dubai, Bloomberg Israel bureau chief Ethan Bronner in Tel Aviv and Nancy Youssef, a staff writer at The Atlantic.See omnystudio.com/listener for privacy information.

The US and Israel began striking targets across Iran, with President Donald Trump urging Iranians to overthrow the government in a conflict that threatens to spiral across the oil-rich Middle East.   “The hour for your freedom is at hand,” Trump said, addressing Iranians in a video posted on Truth Social on Saturday. “When we’re finished, take over your government. It will be yours to take. This will be probably your only chance for generations.”   The military campaign could be a defining moment for Trump, risking a drawn-out regional war that leads to a surge in energy prices and American casualties ahead of mid-term elections this year. Iran quickly responded by firing missiles on Israel and US bases around the region, and countries in the Persian Gulf closed their airspace.  Israel’s military said the campaign would target “dozens of military targets,” and Iran media reported strikes on defensive and civilian sites, including more than 50 people dead in a strike on a school in Hormozgan, in the south of the country. Several large explosions were reported in the capital, Tehran.   Bloomberg's David Gura and Christina Ruffini lead our team coverage in this instant reaction podcast.See omnystudio.com/listener for privacy information.