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CBS becomes Bari Weiss’ ‘anti-woke’ arena as the millennial media mogul (and mainstream media critic) digs in

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Bari Weiss has made a name for herself as an unflinching critic of mainstream news outlets. Now, she’s set to run one.

The announcement this week of Weiss as the new editor-in-chief of CBS News has been met with a response the 41-year-old has grown accustomed to in her years as a polarizing voice in the public eye.

To some, it is a triumph of an anti-woke crusader who could bring an even hand to at least one corner of a media they see as awash in liberal groupthink. To others, it amounts to the elevation of a person who is anything but evenhanded, a conservative posing as a centrist who will shovel half-truths and worse.

The network where Walter Cronkite and Dan Rather became news icons, and on which the ticking stopwatch of “60 Minutes” cued some of television’s most revered journalism, is now Weiss’ turf.

A look at Weiss and her journey to the top of one of the most vaunted outlets in news:

Calls herself a centrist, but often rankles the left

Weiss bills herself as a centrist and has staked positions on both sides of the political divide. “There’s a woke left. There’s increasingly a woke right. And then there’s the normal people,” she said in an appearance last year, calling the fringe of both sides “eerily similar.”

In a 2017 appearance, she said she was politically “homeless,” deriding President Donald Trump and the Second Amendment and praising the national anthem protests by NFL players. But it is her right-leaning views that have gotten the most attention, including criticizing corporate diversity efforts, colleges’ lack of political diversity and pro-Palestinian protesters.

She so often has rankled liberals, animosity toward her has been encapsulated in headlines like the one in Current Affairs: “Why we all hate Bari Weiss so much.”

Weiss has said she voted for Mitt Romney in 2012, Hillary Clinton in 2016 and Joe Biden in 2020. Trump’s win in 2016, she has said, left her sobbing. But she later said she had suffered from “Trump Derangement Syndrome” and speaking on Fox News earlier this year, she said Trump had pursued many policies she agreed with, and decried the “overzealous, out-of-touch, hysterical reaction to him.”

She hasn’t said who earned her vote in 2024.

Critic of mainstream news gets premier TV perch

By Weiss’ telling, she was exposed to animated political debate from the very start. She grew up in Pittsburgh, the oldest of four sisters born to a conservative father and liberal mother. At the elite private school Weiss attended, she was student council president, taking a gap year in Israel before starting at Columbia University. Being Jewish, she has said, “is the most important part of my identity,” and at Columbia, she led a student group accusing professors of anti-Israel views.

After stints at the Israeli newspaper Haaretz and the Jewish publication The Forward, Weiss landed at The Wall Street Journal as an op-ed and book review editor. But she grew disenchanted after Trump’s election, moving to the Times as a self-described “diversity hire” for views that didn’t always fit liberal orthodoxy. At the time, she described the transition as going from “being the most progressive person” at the Journal to “the most right-winged person” at the Times.

Her Times columns drew buzz for views that often appeared contrarian on its left-leaning opinion pages. Pushing back against the idea of “cultural appropriation,” she celebrated the concept as an ingredient to American success. Taking aim at the #MeToo tenet to believe women’s allegations of sexual assault, she called it condescending that such claims couldn’t stand up to skepticism. Her words so galled many on the left, each column became a source of knee-jerk opposition online.

She eventually grew disillusioned at the Times, too, resigning in 2020 in a lengthy missive in which she suggested stories were chosen to fit a pre-ordained liberal agenda. “Showing up for work as a centrist at an American newspaper should not require bravery,” she wrote.

Hobnobbing with billionaires, guest hosting ‘The View’

Having gained entry to two of American journalism’s most revered outlets and subsequently leaving, Weiss decided to create her own.

“I’ve become someone who believes that the way to change these institutions is not to give money to those places or join the board of them or delude yourself with the idea that you can transform them from within,” she said last year. “It’s to build new things.”

And so, The Free Press was born.

It has gained a following with an eclectic mix of coverage, from takedowns of traditional news outlets written by insiders to podcasts featuring the likes of Kim Kardashian to lighter fare, like an essay by humorist David Sedaris. It boasted a subscriber base of 1.5 million people.

Along the way, Weiss has hobnobbed with billionaires, guest hosted “The View,” and even become a punchline on “Curb Your Enthusiasm.” Newspaper and magazine profiles have dissected everything from her college relationship with former “Saturday Night Live” star Kate McKinnon to her unflapping charm.

But Weiss has spent nearly all of her career airing opinions, not writing objective news, and she has not worked in TV news, a galling reality to some as she ascends to the top of the network hierarchy.

“I don’t know anyone who can explain why an opinion journalist has been chosen as editor-in-chief,” academic and media watchdog Jay Rosen asked on BlueSky. “Did we need more opinion at CBS?”

Vows to make CBS ‘most trusted news organization’

Given her past vow to “build new things”, Weiss herself acknowledged the questions her followers may have. “Wasn’t The Free Press started precisely because the old media institutions had failed?” she wrote on Monday. “Isn’t the whole premise of this publication that we need to build anew?”

She insisted it is a “once-in-a-lifetime opportunity” to “reshape a storied media organization” and says she will work tirelessly to make the network “the most trusted news organization in the world.”

But what Weiss will mean for CBS’ future is anyone’s guess.

Aileen Gallagher, a journalism professor at Syracuse University, says there are many unanswered questions on what role Weiss will actually play at CBS, but tapping someone with a background outside of traditional, fact-based news will inevitably open the network “to a lot of questions about credibility.”

“CBS has not had an agenda. You’re putting someone in charge who clearly does,” Gallagher says. “The audience has no other option than to think that the news they’re getting from CBS is politicized now.”

For someone who has been so outspoken in her opinions on so many topics, onlookers will no doubt be keeping a close eye on any impact she might have on CBS’ coverage. The issue she has been most outspoken on is Israel, no stranger to negative headlines in its two-year-old war. Weiss is an unwavering supporter.

In comments last year, Weiss bemoaned what she sees as mainstream news’ shift from a role to “hold up a mirror to the world as it actually is so people can make sensible, rational decisions” and to “tell the story about reality as plainly and as truthfully as you can.”

She insisted: “I still believe that this is the job.”

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SpaceX to offer insider shares at record-setting $800 billion valuation

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SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk’s rocket and satellite maker at as much as $800 billion, people familiar with the matter said, reclaiming the title of the world’s most valuable private company. 

The details, discussed by SpaceX’s board of directors on Thursday at its Starbase hub in Texas, could change based on interest from insider sellers and buyers or other factors, said some of the people, who asked not to be identified as the information isn’t public. SpaceX is also exploring a possible initial public offering as soon as late next year, one of the people said. 

Another person briefed on the matter said that the price under discussion for the sale of some employees and investors’ shares is higher than $400 apiece, which would value SpaceX at between $750 billion and $800 billion. The company wouldn’t raise any funds though this planned sale, though a successful offering at such levels would catapult it past the record of $500 billion valuation achieved by OpenAI in October.

Elon Musk on Saturday denied that SpaceX is raising money at a $800 billion valuation without addressing Bloomberg’s reporting on the planned offering of insiders’ shares. 

“SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors,” Musk said in a post on his social media platform X. 

The share sale price under discussion would be a substantial increase from the $212 a share set in July, when the company raised money and sold shares at a valuation of $400 billion. The Wall Street Journal and Financial Times earlier reported the $800 billion valuation target.

News of SpaceX’s valuation sent shares of EchoStar Corp., a satellite TV and wireless company, up as much as 18%. Last month, EchoStar had agreed to sell spectrum licenses to SpaceX for $2.6 billion, adding to an earlier agreement to sell about $17 billion in wireless spectrum to Musk’s company.

Subscribe Now: The Business of Space newsletter covers NASA, key industry events and trends.

The world’s most prolific rocket launcher, SpaceX dominates the space industry with its Falcon 9 rocket that lifts satellites and people to orbit.

SpaceX is also the industry leader in providing internet services from low-Earth orbit through Starlink, a system of more than 9,000 satellites that is far ahead of competitors including Amazon.com Inc.’s Amazon Leo.

Elite Group

SpaceX is among an elite group of companies that have the ability to raise funds at $100 billion-plus valuations while delaying or denying they have any plan to go public. 

An IPO of the company at an $800 billion value would vault SpaceX into another rarefied group — the 20 largest public companies, a few notches below Musk’s Tesla Inc. 

If SpaceX sold 5% of the company at that valuation, it would have to sell $40 billion of stock — making it the biggest IPO of all time, well above Saudi Aramco’s $29 billion listing in 2019. The firm sold just 1.5% of the company in that offering, a much smaller slice than the majority of publicly traded firms make available.

A listing would also subject SpaceX to the volatility of being a public company, versus private firms whose valuations are closely guarded secrets. Space and defense company IPOs have had a mixed reception in 2025. Karman Holdings Inc.’s stock has nearly tripled since its debut, while Firefly Aerospace Inc. and Voyager Technologies Inc. have plunged by double-digit percentages since their debuts.

SpaceX executives have repeatedly floated the idea of spinning off SpaceX’s Starlink business into a separate, publicly traded company — a concept President Gwynne Shotwell first suggested in 2020. 

However, Musk cast doubt on the prospect publicly over the years and Chief Financial Officer Bret Johnsen said in 2024 that a Starlink IPO would be something that would take place more likely “in the years to come.”

The Information, citing people familiar with the discussions, separately reported on Friday that SpaceX has told investors and financial institution representatives that it’s aiming for an IPO of the entire company in the second half of next year.

Read More: How to Buy SpaceX: A Guide for the Eager, Pre-IPO

A so-called tender or secondary offering, through which employees and some early shareholders can sell shares, provides investors in closely held companies such as SpaceX a way to generate liquidity.

SpaceX is working to develop its new Starship vehicle, advertised as the most powerful rocket ever developed to loft huge numbers of Starlink satellites as well as carry cargo and people to moon and, eventually, Mars.



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National Park Service drops free admission on MLK Day and Juneteenth while adding Trump’s birthday

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The National Park Service will offer free admission to U.S. residents on President Donald Trump’s birthday next year — which also happens to be Flag Day — but is eliminating the benefit for Martin Luther King Jr. Day and Juneteenth.

The new list of free admission days for Americans is the latest example of the Trump administration downplaying America’s civil rights history while also promoting the president’s image, name and legacy.

Last year, the list of free days included Martin Luther King Jr Day and Juneteenth — which is June 19 — but not June 14, Trump’s birthday.

The new free-admission policy takes effect Jan. 1 and was one of several changes announced by the Park Service late last month, including higher admission fees for international visitors.

The other days of free park admission in 2026 are Presidents Day, Memorial Day, Independence Day, Constitution Day, Veterans Day, President Theodore Roosevelt’s birthday (Oct. 27) and the anniversary of the creation of the Park Service (Aug. 25).

Eliminating Martin Luther King Jr. Day and Juneteenth, which commemorates the day in 1865 when the last enslaved Americans were emancipated, removes two of the nation’s most prominent civil rights holidays.

Some civil rights leaders voiced opposition to the change after news about it began spreading over the weekend.

“The raw & rank racism here stinks to high heaven,” Harvard Kennedy School professor Cornell William Brooks, a former president of the NAACP, wrote on social media about the new policy.

Kristen Brengel, a spokesperson for the National Parks Conservation Association, said that while presidential administrations have tweaked the free days in the past, the elimination of Martin Luther King Jr. Day is particularly concerning. For one, the day has become a popular day of service for community groups that use the free day to perform volunteer projects at parks.

That will now be much more expensive, said Brengel, whose organization is a nonprofit that advocates for the park system.

“Not only does it recognize an American hero, it’s also a day when people go into parks to clean them up,” Brengel said. “Martin Luther King Jr. deserves a day of recognition … For some reason, Black history has repeatedly been targeted by this administration, and it shouldn’t be.”

Some Democratic lawmakers also weighed in to object to the new policy.

“The President didn’t just add his own birthday to the list, he removed both of these holidays that mark Black Americans’ struggle for civil rights and freedom,” said Democratic Sen. Catherine Cortez Masto of Nevada. “Our country deserves better.”

A spokesperson for the National Park Service did not immediately respond to questions on Saturday seeking information about the reasons behind the changes.

Since taking office, Trump has sought to eliminate programs seen as promoting diversity across the federal government, actions that have erased or downplayed America’s history of racism as well as the civil rights victories of Black Americans.

Self-promotion is an old habit of the president’s and one he has continued in his second term. He unsuccessfully put himself forwardfor the Nobel Peace Prize, renamed the U.S. Institute of Peace after himself, sought to put his name on the planned NFL stadium in the nation’s capital and had a new children’s savings program named after him.

Some Republican lawmakers have suggested putting his visage on Mount Rushmore and the $100 bill.



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JPMorgan CEO Jamie Dimon says Europe has a ‘real problem’

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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called out slow bureaucracy in Europe in a warning that a “weak” continent poses a major economic risk to the US.

“Europe has a real problem,” Dimon said Saturday at the Reagan National Defense Forum. “They do some wonderful things on their safety nets. But they’ve driven business out, they’ve driven investment out, they’ve driven innovation out. It’s kind of coming back.”

While he praised some European leaders who he said were aware of the issues, he cautioned politics is “really hard.” 

Dimon, leader of the biggest US bank, has long said that the risk of a fragmented Europe is among the major challenges facing the world. In his letter to shareholders released earlier this year, he said that Europe has “some serious issues to fix.”

On Saturday, he praised the creation of the euro and Europe’s push for peace. But he warned that a reduction in military efforts and challenges trying to reach agreement within the European Union are threatening the continent.

“If they fragment, then you can say that America first will not be around anymore,” Dimon said. “It will hurt us more than anybody else because they are a major ally in every single way, including common values, which are really important.”

He said the US should help.

“We need a long-term strategy to help them become strong,” Dimon said. “A weak Europe is bad for us.”

The administration of President Donald Trump issued a new national security strategy that directed US interests toward the Western Hemisphere and protection of the homeland while dismissing Europe as a continent headed toward “civilizational erasure.”

Read More: Trump’s National Security Strategy Veers Inward in Telling Shift

JPMorgan has been ramping up its push to spur more investments in the national defense sector. In October, the bank announced that it would funnel $1.5 trillion into industries that bolster US economic security and resiliency over the next 10 years — as much as $500 billion more than what it would’ve provided anyway. 

Dimon said in the statement that it’s “painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing.”

Investment banker Jay Horine oversees the effort, which Dimon called “100% commercial.” It will focus on four areas: supply chain and advanced manufacturing; defense and aerospace; energy independence and resilience; and frontier and strategic technologies. 

The bank will also invest as much as $10 billion of its own capital to help certain companies expand, innovate or accelerate strategic manufacturing.

Separately on Saturday, Dimon praised Trump for finding ways to roll back bureaucracy in the government.

“There is no question that this administration is trying to bring an axe to some of the bureaucracy that held back America,” Dimon said. “That is a good thing and we can do it and still keep the world safe, for safe food and safe banks and all the stuff like that.”



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