SpaceX IPO Terms Due & Trump’s New Tariffs | The Pulse 6/3/2026

Bloomberg has learnt that SpaceX is planning to set out the terms of its IPO as soon as Wednesday, while Reuters reports that it’s hoping to raise a record $75 billion.

The US is proposing new tariffs of at least 10% on imports from most major trading partners.
It follows an investigation into goods allegedly produced by forced labor, as President Trump seeks to rebuild his flagship trade policy. China says there is no forced labor in the country, describing the investigation as a “pretext for political manipulation.”

Plus, the fragile Middle East ceasefire is under fresh strain after US forces intercepted Iranian missiles fired towards neighboring countries, including Kuwait and Bahrain.

Today’s guests: Patrick Armstrong, Plurimi, CIO; Beata Javorcik, European Bank for Reconstruction and Development, Chief Economist; Julien Barnes-Dacey, European Council on Foreign Relations, Middle East and North Africa Programme Director.

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:49 – SpaceX IPO and AI Trade
00:08:57 – Trump Rebuilds Tariff Wall
00:17:05 – IMF Growth Forecasts Revised Down
00:24:38 – US-Iran Peace Deal Hopes Dim
00:27:35 – Fresh Strikes Test Fragile Ceasefire
00:36:34 – Exclusive: Jens Stoltenberg
00:40:00 – BOJ To Keep Raising Rate: Ueda
00:45:39 – Inditex Sales Growth Quickens
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