This week’s episode of the Money Stuff podcast is out now, in which Katie and I discuss the SpaceX IPO, enterprise AI, Mars colonies, the Elon Musk premium, consternation about indexes, a no-Elon index, closet indexing, price-insensitive IPO demand, unconstrained Elon Musk, Robinhood AI agents, the universal wrapper for trade ideas, invisible transaction costs, the Drug Olympics, 10% of Fernando Tatis Jr., a venture portfolio of minor leaguers, hedging career risk and hitting two grand slams in the same inning. You can listen to this week’s episode here:

Also here is the Clickhole story about dressage. You can get Money Stuff: The Podcast at Apple, Spotify or wherever you get your podcasts. We’d love your feedback. You can email us at moneypod@bloomberg.net.