# SpaceX's $2T Case, Nvidia's Shock Selloff, America Turns on AI, Trump Pulls AI Order, Bond Crisis?

Page: https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378/spacex-s-2t-case-nvidia-s-shock-selloff-america-turns-on-ai-trump-pulls-ai-order-bond-crisis
Text version: https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378/spacex-s-2t-case-nvidia-s-shock-selloff-america-turns-on-ai-trump-pulls-ai-order-bond-crisis.md
Podcast: [All-In with Chamath, Jason, Sacks & Friedberg](https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378)
Published: 2026-05-22T22:46:00+00:00
Episode link: https://allinchamathjason.libsyn.com/spacexs-2t-case-nvidias-shock-selloff-america-turns-on-ai-trump-pulls-ai-order-bond-crisis
Audio file: https://dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/allinchamathjason/ALLIN-E274_Ch.mp3?dest-id=1928300
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Duration seconds: 6120

## Resource

(0:00) Gavin Baker joins the show! (0:30) Andrej Karpathy joins Anthropic; hypergrowth and profitability (12:42) Why Americans have turned on AI, anti-human perception (27:22) Trump pulls AI EO, US-China AI relationship, dystopian AI layoffs (45:19) SpaceX S-1 tear down! Breaking down the three major businesses and the case for a $2T valuation (1:11:22) Nvidia smashes earnings but stock falls, why people are shorting chips (1:22:25) Market update: Flashing red signals, oil, inflation, yields up (1:32:45) China trip flops, or was progress made behind the scenes? Follow Gavin Baker: https://x.com/GavinSBaker Apply for Summit 2026: https://allin.com/events Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://www.cnbc.com/2026/05/19/anthropic-hires-openai-cofounder-andrej-karpathy-former-tesla-ai-lead.html https://github.com/karpathy/autoresearch https://github.com/multica-ai/andrej-karpathy-skills/stargazers https://techcrunch.com/2026/05/19/openai-co-founder-andrej-karpathy-joins-anthropics-pre-training-team https://www.wsj.com/tech/ai/mind-blowing-growth-is-about-to-propel-anthropic-into-its-first-profitable-quarter-7edbf2f4 https://x.com/i/broadcasts/1dxYljYVREYJX https://apnews.com/article/trump-ai-executive-order-ee318f35acc8a2c43e47f3ebf26cb459 https://x.com/wallstengine/status/2057378437485216031 https://x.com/MorePerfectUS/status/2056842597117636890…

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