2 – Breaking News & Latest Updates 2026
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Elizabeth Lopatto

Elizabeth Lopatto

Senior Reporter

Senior Reporter

    More From Elizabeth Lopatto

    Elizabeth Lopatto
    Elizabeth Lopatto
    “The CEOs don’t like the world they’ve helped create.”

    Elon Musk and Joe Lonsdale are doing their best to make sure “the high-tech future will have to be built in a way that blends church, state and market, to the benefit of those most able to seize public resources and turn them to private profit.” The extractive world of today’s technology — harvesting your data and attention, among other things — has created the Texan Ideology.

    The Texan Ideology

    [The Baffler]

    Meet the lawyer who beat Elon Musk — twice

    Walk softly and carry a Fender Telecaster.

    Elizabeth Lopatto
    Elizabeth Lopatto
    Elizabeth Lopatto
    Should we bet on when we get the first Polymarket-related wildfire?

    Forget for a moment that it’s morally disgusting to let people bet on wildfires; people have already spent $1.2 million doing it. The real question is when someone will commit financially-motivated arson in order to win their bet — because unlike other major environmental events, massive fires are easy to create.

    Elizabeth Lopatto
    Elizabeth Lopatto
    What’s going on with SpaceX bonds?

    SpaceX bonds are creating losses for the fast-money types who piled in at the offering. “Bond types either aren’t sure that SpaceX will hang on to its investment-grade credit ratings, or will only get involved if they get paid a fat risk premium for doing so,” the Financial Times explains. SpaceX stock is, as of this writing, trading below its IPO price. Gee, if only someone had pointed out that this company is a stinker.

    SpaceX hangover spreads

    [Financial Times]

    Elizabeth Lopatto
    Elizabeth Lopatto
    An investigation into Mark Zuckerberg’s chain.

    You may remember the period when Zuck tried to pretend he was Very Manly (MMA fighting, Joe Rogan appearance). He seems to be walking that back now, like he realized he overstepped with that horrible attempt at streetwear. Gentlemen, if you want to look like a grown-ass man, the kind who is competent and in charge? Make a mood board of Cary Grant outfits. (If you want to go more contemporary, Colman Domingo.) Fashion is only trivial if you’re stupid — your style expresses your persona before you say a single word, and Zuck’s is still “wannabe.”

    The SpaceX IPO is great for Elon Musk and terrible for you

    The biggest public offering ever is financial nihilism’s final form.

    Elizabeth Lopatto
    Elizabeth Lopatto
    Elizabeth Lopatto
    Who doesn’t love a little genteel cronyism?

    San Francisco Mayor Daniel Lurie has been known for banning “visible homelessness” — moving tents off the street and dropping more people in jail since he hasn’t expanded the homeless shelters like he promised he would in his campaign. I’m sure it’s just a coincidence that his brother is a real estate broker who services the tech elite, and that their home valuations are skyrocketing. Alexander “Lurie estimates that by the end of May, he’ll have sold more than $100 million worth of real estate, about his entire total for all of 2025, which was, to be clear, a very good year itself.“

    Elizabeth Lopatto
    Elizabeth Lopatto
    Marc Andreessen can’t explain AI’s benefits, either.

    Joe Rogan accidentally asked a hard question! He noted that Andreessen has said that the people who are running AI haven’t done a good job explaining AI’s benefits. He asks Andreessen to do it. Andreessen’s pitch appears to be “thinking is too hard.” Well, increasingly, I do believe thinking is too hard… for Andreessen. The rest of us — you know, normal people — are thinking just fine.

    Elizabeth Lopatto
    Elizabeth Lopatto
    An observer has just been ejected from the court by the US marshals.

    I assume because he was recording, since the marshal said, “Give me your phone.” There have been several incidents of people attempting to record or take pictures throughout the trial — but I honestly am not sure why you’d record today of all days.