Trillionaire Testosterone | The Coffee Klatch for Saturday, June 13, 2026

Friends,Today Heather and I take a deep dive into Elon Musk’s new status as America’s first trillionaire — worth one thousand billion dollars — and its meaning for the future of American capitalism. How much of SpaceX’s valuation is based on hype? How much on connections in the Trump regime? How much on Musk’s lobbying of major stock index funds? Answer: almost all of it. We also look at Musk and Trump’s (and Pete Hegseth’s and Robert F. Kennedy Jr.’s and JD Vance’s) obsession with male virility — where that comes from and how it’s connected to tomorrow’s cage match on the South Lawn of the White House. So please grab a cuppa, pull up a chair, and join in the conversation. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe