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5:30 PM ET, June 12, 2026

memeorandum

 Top Items: 
New York Times:
Elon Musk Becomes the World's First Trillionaire  —  With SpaceX shares soaring on their first day of trading, the world's richest person crossed another milestone — one with 13 digits.  —  Elon Musk became the world's first trillionaire on Friday.  —  The tech mogul reached that milestone …
RELATED:
Paul Krugman:
Elon Musk, Human Ponzi Scheme  —  With Wall Street's help, you're about to be forced to buy stock in SpaceX  —  Yesterday I took a short trip.  I began with a ride on the local Hyperloop, which ran through a tunnel dug by Boring Company.  Then I used my neural implant to summon a fully self-driving Tesla robotaxi.
Sam Sifton / New York Times:
A Trillionaire?  —  SpaceX is expected to make Elon Musk even richer when its stock begins trading today.
RELATED:
Dan Mangan / CNBC:
Trump name still must come down from Kennedy Center, judge says … President Donald Trump's name still must come off the Kennedy Center in Washington, D.C., a federal judge ruled Friday in rejecting a last-minute bid to block an earlier order to remove the name.
Steven Sloan / Associated Press:
Judge denies Kennedy Center request for pause in ruling ordering Trump's name removed from building  —  A judge on Friday denied a request from the Kennedy Center to pause a ruling ordering President Donald Trump's name removed from building.  Last month, U.S. District Judge Christopher …
Reuters:
Exclusive: UAE to unlock billions of dollars for Iran, sources say  —  The United Arab Emirates has agreed to unlock billions of dollars for Iran, four sources said, in a tactical shift after weeks of Iranian attacks on the wealthy Gulf Arab state during the U.S.-Israeli war with the Islamic Republic.
RELATED:
Barak Ravid / Axios:
What's in the Iran deal Trump says he's ready to sign
Michael Kunzelman / Associated Press:
Judge extends block on Trump's $1.8 billion anti-weaponization fund  —  A federal judge agreed on Friday to extend a court-ordered block on the Trump administration's creation and operation of a $1.8 billion settlement fund for compensating people who claim to be victims of a weaponized government.
RELATED:
Josh Gerstein / Politico:
Judge extends block on Trump's ‘Anti-Weaponization Fund’
Carol Leonnig / MS NOW:
FBI raids Ohio voting rights organization  —  FBI agents on Thursday raided the Cleveland offices of the Ohio Organizing Collaborative, a pro-democracy organization that helps register voters in that state, three people briefed on the search told MS NOW.  —  Agents also fanned out across the state …
RELATED:
Julia Jacobs / New York Times:
Opera Company Sues to Collect $17 Million From the Kennedy Center  —  The Washington National Opera, which left the center amid the Trump administration's takeover, says its efforts to retrieve its endowment and other assets have been blocked.  —  The Washington National Opera …
Kinnia Cheuk / Politico:
Algae resurfaces in reflecting pool after multimillion-dollar fixes … An Interior Department spokesperson said that the current algae is “residual” from supply lines that sat dormant for eight weeks during construction.  The residue is part of the normal startup process, the spokesperson said.
Jordain Carney / Politico:
Cornyn tells Mike Lee to lay off John Thune  —  Sen. John Cornyn isn't a card-carrying member of the Senate GOP's growing YOLO caucus.  But with less than seven months left in office after losing his primary, the Texas Republican appears to be feeling newly free to speak his mind.
Discussion: The Hill and The Daily Signal
RELATED:
Carl Hulse / New York Times:
After Senate Loss, Cornyn Predicts ‘Miserable’ Final Two Years for Trump
Yasmin Khorram / Politico:
Justice Department approves Paramount's acquisition of Warner Bros. … The DOJ did not immediately respond to a request for comment.  Paramount did not respond to a request for comment.  —  The public scrutiny intensified after Netflix dropped its own bid for Warner Bros. following …
New Republic:
Trump Hits Record-Breaking Low in Polls as Aides Leak: He's “Furious”  —  Donald Trump's polling just crashed to new lows.  He's hit a net approval on inflation of negative 50 points in numerous surveys, something no other president has done—ever.  Trump also is at 80 percent disapproval on gas prices.
Discussion: HuffPost, MS NOW and The Daily Caller
RELATED:
Byron York / Washington Examiner:
Trump's very public inner dialogue on Iran
Public Notice:
The Art of the Cave  —  Can Trump sell his loss to Iran as a win?  —  In this week's PN Pod, co-host Paul Waldman and I discussed the outlines of the emerging Iran deal, which looks like something close to a complete Trump cave, and unpacked whether the president can sell his humiliating loss as a win to the American people.
Liz Ruskin / Alaska Public Media:
Alaska Division of Elections intends to strike U.S. Senate challenger Dan Sullivan from the ballot  —  The Alaska Division of Elections says retired teacher Dan Sullivan of Petersburg is ineligible to run against Republican U.S. Sen. Dan Sullivan.  —  “Based on a review of the evidence presented …
RELATED:
Brian Beutler / Off Message:
The Black Mold Of Republican Lies  —  Even when their smears aren't helpful to them in the short run, they harm Democrats in the long run.  Here's a prescription for deterrence.  —  Let's assess how Republicans are running against Democrats, to the extent that they're trying to influence voter decisions and win more votes.
Discussion: Yahoo Entertainment
TC Sottek / The Verge:
The world's first trillionaire is a killer  —  Elon Musk's empire of wealth is built on suffering. … Elon Musk's SpaceX IPO will probably make him the richest person to ever walk the planet.  And while his mountain of horrible personal conduct could fill multiple books …
Zach Schonfeld / The Hill:
Judge refuses to block White House UFC fight  —  A federal judge on Friday refused two Virginia residents' request to block this weekend's UFC event on the White House South Lawn, ruling they have no right to challenge the fight.  —  U.S. District Judge Amit Mehta said the two had no legal standing …
David Gilbert / Wired:
A White Supremacist Youth Group Helped Orchestrate the Belfast Riots  —  After Elon Musk and Tommy Robinson stoked anger over a horrific knife attack in Belfast, a youth group linked to a global neo-Nazi movement quietly orchestrated anti-immigrant riots.  —  Within an hour after a horrific …
Discussion: NBC News and NewsMax.com
David Rohde / MS NOW:
Republican senators block effort to bar federal troops from election interference  —  A Democratic senator said he was “fearful” that GOP resistance was a sign the administration is planning “illegal domestic deployment of our military.”  —  Republican members of the Senate Armed Services Committee blocked …
Emily Pontecorvo / Heatmap News:
Trump Concedes a Battle in His War Against Wind Energy  —  Trump's Department of Justice is giving up on defending the president's wind permitting moratorium.  —  The DOJ filed a motion on Wednesday to dismiss its appeal of a federal court's December decision vacating the order to halt wind energy approvals.
Discussion: Raw Story
Brittany Gibson / Axios:
Scoop: ICE detention numbers slip  —  ICE has empty detention bed space and the average daily number of detainees has slid to 58,000, Axios has learned from two sources familiar with the data.  —  Why it matters: ICE went on a $38 billion buying spree to rapidly expand the number of available beds.
Discussion: El País and ABC News
Wall Street Journal:
Trump's Iran Deal Still Has to Get Past the Revolutionary Guard  —  Iran's hard-line security officials are more concerned with denying the U.S. a victory than with ending the war  —  Loading...  Iran's security and military circles centered on the Islamic Revolutionary Guard Corps had yet …
G. Elliott Morris / Strength In Numbers:
Democratic voters want the party to be more moderate — and more socialist?  —  I'm popping my head up from paternity leave for a few hours this morning to write this note on a topical new poll that everyone seems to be reading incorrectly.  —  If you get value out of data-driven coverage …
 
 
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 More Items: 
Erica Orden / Politico:
Trump's inexperienced federal prosecutors are running into trouble in court
Discussion: New Republic
Ian Millhiser / Vox:
The Supreme Court invented a special legal rule solely to screw Planned Parenthood
Emilio Perez Ibarguen / Politico:
House Oversight requests Alan Dershowitz testify in Epstein probe
Discussion: The Hill, The Daily Caller and CBS News
Margaret Sullivan / The Guardian:
Trump keeps insulting female journalists. It's time for the press to stop tolerating it
Mark Alfred / NOTUS:
Ex-Rep. Devin Nunes and the Mystery of His $14.5 Million War Chest
 Earlier Items: 
Associated Press:
Suspect dead after Texas shooting kills 1 and leaves 9 others in the hospital, police say
Dylan Gyauch-Lewis / American Prospect:
New Documents Detail Nine-Figure, Silicon Valley-Funded Abundance Movement
Edward Luce / Financial Times:
Elon Musk is a real-life Bond villain
Discussion: The Verge
David Dayen / American Prospect:
Aftermath: The Economy Is Propped Up by Government Spending
Ed Pilkington / The Guardian:
Autistic children being injected with unapproved stem cell treatments supported by RFK Jr
Amanda Marcotte / Salon:
TPUSA's new message to girls: Hate yourself
New York Times:
U.S. Plan Is Said to Pull a Third of Fighter Jets It Provides NATO for Europe
 

 
From Mediagazer:

Bloomberg:
Sources: Roku is in talks to sell itself; its shares have risen about 24% this year, giving the company a market value of $19.9B

Janko Roettgers / The Verge:
Apple TV relies on a few tentpole titles to draw audiences, like HBO did in the past, while Netflix uses its catalog size and algorithms to keep viewers engaged

Malcolm Ferguson / New Republic:
60 Minutes correspondent Cecilia Vega was fired while working on a feature on Francesca Albanese, UN special rapporteur on the Palestinian territories

 
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