# June 17: Elon, SpaceX, Stablecoins, and the Trillion-Dollar Question

Page: https://stenobird.com/podcast/daily-crypto-news-6024634/june-17-elon-spacex-stablecoins-and-the-trillion-dollar-question
Text version: https://stenobird.com/podcast/daily-crypto-news-6024634/june-17-elon-spacex-stablecoins-and-the-trillion-dollar-question.md
Podcast: [Daily Crypto News](https://stenobird.com/podcast/daily-crypto-news-6024634)
Published: 2026-06-17T13:42:19+00:00
Episode link: https://shows.acast.com/today-in-web-3/episodes/6a32a43c883f9289e91603eb
Audio file: https://sphinx.acast.com/p/open/s/63e26a946b77a10011ea5094/e/6a32a43c883f9289e91603eb/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/daily-crypto-news-6024634/episodes/june-17-elon-spacex-stablecoins-and-the-trillion-dollar-question
Duration seconds: 866

## Resource

Matt opens the show by examining the SpaceX IPO frenzy and the staggering scale of Elon Musk's reported trillion-dollar net worth, arguing that most people underestimate the difference between millions, billions, and trillions. He explores what that level of wealth means in terms of influence, ownership, and market power, while reflecting on why investors continue pouring capital into AI and aerospace companies. On the crypto side, the episode covers BlackRock's new Bitcoin income fund, the launch of a privacy-focused institutional DeFi yield product on Ethereum, congressional efforts to block a U.S. CBDC, and growing stablecoin adoption in countries like Nigeria. Matt also explores a larger question facing the industry: crypto's infrastructure is maturing rapidly, but when will Bitcoin, Ethereum, and blockchain technology become products that ordinary people use every day rather than assets people simply trade and hold? Happy HODLing, Everyone. Hosted on Acast. See acast.com/privacy for more information.

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## Transcript

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