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NPR News Now

NPR News: 06-12-2026 1PM EDT

12 Jun 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What are the details of SpaceX's historic IPO?

0.908 - 18.58 Windsor Johnston

Live from NPR News in Washington, I'm Windsor Johnston. The opening bell at the Nasdaq today as SpaceX made its market debut. NPR's Jeff Brumfield reports company shares opened above the listing price.

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18.745 - 44.263 Jeff Brumfield

SpaceX began trading at $150 a share. That's around 11% over the $135 the company had named as its list price. It's now officially the largest initial public offering in history. The IPO is also set to make Elon Musk even richer. He could become the world's first trillionaire. The soaring stock price comes despite the fact that SpaceX has been recording big losses in its AI business.

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44.243 - 53.057 Jeff Brumfield

Investors are betting that Musk's vision can take the spaceflight company literally to the moon and beyond. Jeff Brumfield, NPR News.

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53.337 - 70.504 Windsor Johnston

A federal judge has issued a preliminary injunction blocking the Justice Department's nearly $1.8 billion anti-weaponization fund. The judge said the move was necessary despite the department's statements that the fund was not moving forward. NPR's Ryan Lucas reports.

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70.484 - 89.995 Ryan Lucas

At a court hearing on a lawsuit challenging the fund, U.S. District Judge Leonie Brinkema said the public statements from DOJ officials that the department was abandoning the fund were not sufficient. She noted that President Trump continues to publicly support the fund and that the government has refused to formally declare under oath that the fund is indeed dead.

89.975 - 109.339 Ryan Lucas

Judge Brinkham had therefore issued a preliminary injunction blocking the fund, but she gave the Justice Department one week to provide a clear, unambiguous declaration under penalty of perjury, signed by the acting Attorney General and the U.S. Treasury Secretary, that the fund will not move ahead. If it does so, the judge said she will likely dismiss the lawsuit.

109.88 - 116.708 Ryan Lucas

If the government does not do so, then the case will move forward. Ryan Lucas, NPR News, Alexandria, Virginia.

116.688 - 130.849 Windsor Johnston

Ebola continues to spread in eastern Democratic Republic of Congo. According to the latest figures, more than 670 people have contracted the virus and 136 have died. Emmett Livingstone reports.

131.082 - 154.955 Emmett Livingstone

All appears calm on the streets of Bunia, a city of over one million people in a Turi province in eastern Congo. But the easy atmosphere belies the ongoing crisis. Handwashing stations have sprung up everywhere. And in a central plaza, a screen blares a video explaining Ebola symptoms on loop. 185 cases have been recorded in the city, but there is active transmission in the rural hinterland too.

Chapter 2: What legal challenges is the Justice Department facing with the anti-weaponization fund?

268.16 - 279.096 Windsor Johnston

Born in northern England, Hockney spent much of his life in Southern California and became one of the most influential British artists of the last century. He was 88 years old. This is NPR.

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280.713 - 290.41 Ira Glass

This is Ira Glass. On This American Life, one thing we like is a good mystery. Sometimes about really big things, but most times, the little mysteries are the best.

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290.711 - 295.74

Our lost and found is currently filled with pants. I don't know, I've never seen this happen.

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296.181 - 296.862 Windsor Johnston

Wait, this is true?

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296.902 - 304.155 Ira Glass

This is true. Mysteries of every size, each week. This American Life, wherever you get your podcasts.

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