Kalshi ruling triggers Supreme Court showdown

Kalshi ruling triggers Supreme Court showdown

Author: Stage Zero August 30, 2026 Duration: 15:00

The Ninth Circuit Court of Appeals recently ruled that Nevada regulators have the legal authority to oversee and potentially ban prediction market platforms like Kalshi. The court determined that contracts based on sporting events function more like illegal gambling than federally protected financial swaps. This decision creates a significant judicial conflict, as the Third Circuit previously issued a contradictory ruling regarding similar operations in New Jersey. Because of this circuit split, legal experts and market analysts believe the dispute over whether state or federal law governs these platforms will likely be settled by the Supreme Court. This legal battle carries high stakes for the future of online betting and the regulatory boundaries of the Commodity Futures Trading Commission.


Hosted by Stage Zero, Elon Musk Podcast digs into the sprawling and often surprising ecosystem of companies and ideas driven by one of today's most discussed figures. Rather than just recounting headlines, each episode aims to connect the dots between ambitious ventures like SpaceX's interplanetary goals, Tesla's evolving vision for energy and transport, Neuralink's frontier brain-computer interfaces, and the infrastructure ambitions of the Boring Company. You'll hear analysis on how these projects intersect and the broader implications for technology and society. The discussions stay grounded in current developments, parsing the latest announcements, engineering milestones, and public debates to give you a clearer picture of the momentum behind each endeavor. Tune in for a thoughtful, ongoing exploration of the philosophies, challenges, and tangible outcomes stemming from Musk's portfolio, making this podcast a consistent resource for anyone following modern industrial and technological shifts.
Author: Language: en-us Episodes: 50

Elon Musk Podcast
Podcast Episodes
Apple’s New $2000 Foldable iPhone Duo [not-audio_url] [/not-audio_url]

Duration: 27:52
In a major product event, Apple's new leader, John Ternus, introduced the iPhone Duo, the company’s first foldable smartphone which features a tablet-sized internal display and Apple Pencil support. Retailing at a premiu…
Why AI labs gamble with human extinction [not-audio_url] [/not-audio_url]

Duration: 26:12
Researcher Jacob Coxon recently resigned from the artificial intelligence startup Anthropic, sparking intense debate regarding the safety of rapidly advancing technology. His departure, occurring just before the company’…
Anthropic rejects six billion dollar Decart deal [not-audio_url] [/not-audio_url]

Duration: 16:49
AI developer Anthropic has reportedly halted its plans to acquire the Israeli startup Decart for an estimated $6 billion. The proposed deal fell through following a rigorous due diligence process, though the two organiza…
320 million vanished from Liquid Network [not-audio_url] [/not-audio_url]

Duration: 31:02
The Liquid Network, a prominent Bitcoin sidechain, recently suffered a massive security breach resulting in the theft of $320 million in digital assets. An attacker exploited a software vulnerability to generate unbacked…
Why Maggie Gyllenhaal scrapped her AI film [not-audio_url] [/not-audio_url]

Duration: 20:40
At the Venice Film Festival, director Maggie Gyllenhaal shared her decision to reject artificial intelligence in her recent cinematic project. Although she initially experimented with the technology to recreate Marilyn M…
Publishers battle authors for Anthropic settlement money [not-audio_url] [/not-audio_url]

Duration: 20:31
a significant legal dispute involving the artificial intelligence company Anthropic, which reached a $1.5 billion settlement for using copyrighted material without permission to train its models. While the payout aims to…
Why Big Tech Is Axing Micro-teams [not-audio_url] [/not-audio_url]

Duration: 25:42
Large technology companies like Uber, Google, and Intel are increasingly eliminating "micro-teams" to streamline their organizational structures and reduce overhead. These specific management roles, characterized by havi…
Why acid reflux killed spiked seltzer [not-audio_url] [/not-audio_url]

Duration: 17:24
The beverage industry is witnessing a significant shift as Gen Z consumers increasingly reject carbonated drinks in favor of still alternatives. Young adults are moving away from bubbly alcohol due to physical discomfort…
AI is breaking human cyber defenders [not-audio_url] [/not-audio_url]

Duration: 19:02
The rapid expansion of artificial intelligence has created an overwhelming environment for cybersecurity professionals, leading to a severe burnout crisis within the industry. Sources indicate that hackers are using auto…
John Ternus leads Apple's AI hardware shift [not-audio_url] [/not-audio_url]

Duration: 24:39
Apple has entered a new era with John Ternus succeeding Tim Cook as CEO, signaling a major shift toward hardware-led innovation. Ternus, a veteran engineer with over two decades at the company, is expected to oversee the…