Friday June 12, 2026

In this episode from Venice Beach, we delve into major financial and local developments. SpaceX is poised to make history with its upcoming IPO, valued at a staggering $1 trillion, marking it as the largest initial public offering on record. This monumental event positions SpaceX as the seventh most valuable company in the United States, surpassing even Tesla. Meanwhile, Los Angeles County voters have approved a sales tax increase, set to take effect in October 2026, which aims to generate $1 billion annually for healthcare funding.

On the local scene, Venice Beach surfers can expect clean waves in the morning, shifting to choppy conditions by afternoon as onshore winds pick up. The Los Angeles Dodgers continue their strong season, recently defeating Pittsburgh and heading to Chicago for their next s ...