SpaceX IPO - Elon Musk Becomes First-ever Trillionaire US Attorney Opens Callifornia Elections Investigations Latter-day Saint Political Gender Gap
Raw Transcript:
Welcome to Quick Show today. My name is Greg Matson. I'm your host. Today is Friday,
June 12th, 2026. We are covering several different topics. Again, today the church comes out with an implementation
guide for the new schedule starting in September 2026.
We have a voter fraud investigation that's now been launched. several voter fraud investigations that have been launched by the US attorney's office for
the state of California, including Los Angeles. Elon Musk has an IPO for
SpaceX, which makes him the first ever trillionaire in the world. Interested on your thoughts with that. And the
political gender gap widens and widens in the world, but is it staying pretty much the same within the church? We're
going to take a look at Alex Bass and Mormon metrics as well as a BYU study talking about retention and and
1 minutepolitical affiliation between the genders within the church. This episode is brought to you by the Go and Do Travel Wave Makers podcaster cruise.
This is on November 14th through 21st, 2026.
This is a great time, great presentations, bring the online community together with these influencers. And who are the influencers
in this year's wave makers? We've got myself, Hayden and Jackson, Paul, Andrea Woodman, Cardinal Ellis of Ward Ward
Radio, Jonah Barnes, Hannah Stoddard, Aroni, Jacob Hansen, Kevin Prince, and more. We'll be going up the California
coast, coming out of San Diego, hitting Insanada, Mexico, Catalina Island in Southern California, and then going up
to San Francisco. Come join us for a great time. Meet some people maybe that you've really wanted to meet and talk to. I think you're going to make great
memories and have a very edifying and memorable experience. Go to quickdia.com. Up at the top, go to trips and events and then scroll down to
wavemakers. Be sure to put in the code quick CWIC to get a discount on your tickets. Here we go.
Okay, so before [music] we start on these other stories, I just wanted to get this in. Uh the church has come out with a new implementation guide for the
schedule changes that are coming at the beginning of September 2026.
If we take a look here at the Desireette News that is reporting this, the Church of Jesus Christ of Latter-day Saints
released a guide Thursday to prepare members for their new Sunday meeting schedule which begins worldwide this fall starting September 6th. Members
will attend 1-hour sacrament meeting as usual, but will then participate in 25minute blocks of class. We've known
this. The new schedule allows Sunday school classes, young women, adult new uh adult women, and members of priesthood quorums to meet each week.
How have you guys felt about that? By the way, I mean, as we've moved from the three-hour block to the two-hour block and having Sunday school every other
week and having priesthood and Relief Society every other week, what are your thoughts on that? How did you adjust to
that? Have you wanted to go back to the old style? I know some people that say, "I wish we would just go back to the three-hour block, [snorts] uh, just
because you had both Sunday school and priesthood or Relief Society every week." And others are like, "I I don't
ever want to go back to three hours, keep it at two hours, or maybe move it to one hour." But this is kind of a
conflation of both, right? We're going to keep the two hours, but we're going to trim the time of the classes down to
blocks. Is this something that you're looking forward to? Um, how do
4 minutesyou think it's going to work? I would love to hear some of your comments on this because I think this is going to be a very interesting topic to see play out
from September on through at least the end of the year. Now, I do have a guide
that the guide that uh the church provided the changes to Sunday school, the Sunday
class meeting schedule implementation guide. So, this is what they just came out with. And if we increase the size
here so we can see this a little better, right? The general announcement to the membership was on March 30th. way that this is going to work is they're going
to on the fifth Sunday, there's a fifth Sunday in August. On the fifth Sunday, they're going to go over the program and
how the implementation works. And I think they're dividing everybody up for that and and just kind of covering that
face to face, so to speak. And then on the first Sunday in September, the new schedule begins.
And in Sunday school members discuss sections 1, 2, and four of the implementation guide. Uh in relief society and elders corum members discuss
the section five of this implementation guide. So this is what we do in we're going to discuss again what we're doing
here in so it looks to me like in August that is the second hour where we're all being brought together. That that I'm guessing that's what happens in August.
And then the first week in September, we're breaking up here into the separate classes and talking about how this is going to work. The young men and young
women start using the updated for strength of youth guide that point, which is fantastic. If you've had a chance to look at that, love it. It's
just the the the way that it is designed is is really great about how how they're teaching the gospel and laying down the
very basics, fundamentals of of the gospel and a relationship with God. uh really appreciate the way they're doing
that. So, we know the block schedule. We know how that's going to work. There's several how our sacrament meeting is going to work. We'll see how bishops are
handling that. That is going to be kind of interesting making sure we keep to the hour or less. I think we're going to
see a lot of shorter sacrament meetings uh to make sure that we are giving time
to the next meetings. So pretty much the same thing. The implementation guide is just kind of putting into words what we
pretty much already know. Discussion questions for wards and stakes.
You know, things like how can ward and stake leaders support successful implementation of the new format and what actions might unintentionally undermine it. That is great to see.
They're actually trying to get ahead of the game. I I that I I actually really really appreciate them talking about that
instead of just, hey, throw this out there. Let's talk about some potential problems and how we might it gets people involved in making it work instead of just, hey, thanks for the new change.
Let's let's let's talk about it and and see how we're going to make it work. All right, on to other news here. Lots of
different headlines about this, but the US Attorney's Office is now investigating
several has launched several different investigations in California voter roles and voter fraud. And here's what the
office is saying. The US attorney predicts people will be charged. So, they've got enough evidence that they
seem to see something here that is going to cause problems. Uh, is this simply an administration
strongarm move on on California? There is, you know, you've got Newsome versus Trump. This is a rivalry that's been
going on for a very long time. Is something actually going to come out of this? I don't know. Here. Here's what
The Hill has to say on on reporting this. Bill Asyl I'm going to guess is his name. The
first assistant US attorney for the Central District of California on Monday said it is likely people will be charged over alleged voter fraud in California.
I'll see it. I'll believe it when I see it. I'll believe it when I see it. I expect people will be charged, but we
need a widescale audit of the California voter role, which is what Harat and I have been trying to do for the last
year. Republican lawmakers have cast doubt on the LA mayoral race as GOP candidate Spencer Pratt did not advance
to a runoff despite being in second place when the polls closed on June 2nd.
Yeah. So, the polls closed. He was in second place by quite a bit and then all of a sudden a bunch of new mailin
uh ballots are are sent in. Again, you know, as I said yesterday, I don't know that the system is going to allow for
people to be put into jail, where you're going to be able to prove that it's wrong because you got to have legal issues. And I think that's going to be a
higher bar to get to when you don't need ID officially in California when you can the way that they have the mail-in
ballots sent in. they can be in sent in after the dates required for uh the
campaigns and the and and vote the day the vote day. There's no voter fraud in bringing in ballots late. You got to
have to go much deeper to prove that there is fraud. Is there bribery?
Even with the homeless, I do you have to show a residence? I don't know that you have to show a residence even if those
individuals are from different parts of the west for example from Seattle or or from Oregon or Phoenix or Denver, Salt
10 minutesLake, wherever it is. How do you know that they are California citizens that they are residents of the state of California?
So, they're going to have to look things up like how are you showing what this is? Are you do you have to show a utility bill? They're not going to have
utility bills. Are you going to show a driver's license? Are you g you know what what is [clears throat] going to be required there? I think that's going to
be a tough bar to hit. Now, President Trump has said he has alleged that the
Los Angeles mayor mayoral race was a rigged election. And sometimes he's right about these things. Other times
it's just being verbose and and and throwing out this is kind of how he operates, right?
And he says on Truth Social, "Watch California, everybody." So, does he have some information already where there are going to be charges made and they're
just trying to tie up loose ends on this? He says that our election process is as bad or worse than any third world
country. The biggest difference is they being the other countries, the third world countries count their votes much faster. They don't wait seven days to
tell you who won, rigging the election during each and every one of them.
Americans are ashamed of what is happening. So, and I will just say, I mean, the trust from America right now
on all of this is is really very low. It how do how do you trust the system? How
do you know there isn't fraud? And how do you know it doesn't happen on both sides? What what what is the what is the
assurance to the people that the votes are being done the way they're supposed to be done? The Hill says that in
California the primary vote can take days or even weeks as voters are allowed to mail in ballots postmarked by
election day. Now apparently the reports I had seen there were many that were sent in and signed even on days after
election day. Ballots must arrive at county election offices by June 9th, which can slow down the vote count.
So there's the discrepancy, right? So if you have if you're voting by mail in, they've got a that makes sense, right?
So if I'm sending something in on on election day, I'm making the day, then I get a few more days for that that mail
to arrive. The question is is why were all of not all obviously, but why were
why was there such a landslide of votes that went to one candidate in those late mail-in ballots?
Why are they all late? That's the question. Is this legitimate in the way that party organizers are telling people
to hang on to their vote and don't send them in until the very last minute? You can. What what is the advantage of that?
So I that's just a question I would have. Why are there such a high volume of votes for a candidate that was in
third place? As or as uh announced his office had multiple fraud investigations
underway, but did not offer any specifics. He alleged that California's election system was rife with serious
structural vulnerabilities. Well, that's obvious. That part is absolutely true. You don't need an ID.
That's a loss of integrity in the voting system. Period. He's criticizing the state's policy of allowing mail-in
voting and not requiring photo ID at the polls. Two practices Trump often claims without evidence contributed to
widespread voter fraud. Well, let's see if there's evidence. I'm I'm suspicious of this that there's going to be something that is able to be shown.
Right. The Justice Department has sued California for access to its voter registration roles under the Help America Vote Act and opened probes into
alleged voter fraud across a state. So, this may be what Asai is is saying they they're having difficulty getting right.
I mean somehow is is New Nuome holding that off from them in this battle. In an
interview with in an interview with commenter Glenn Becky
said California is a fraudsters paradise. We know this is true pretty
much from the van I uh hospice fraud right there. There's some unbelievably
high majority of hospices in the country are in van with nothing more than a post
office box or a door with a desk sitting in it. So we're obviously going to follow this and see where this goes.
Very important. You you cannot have democracy without knowing that your your vote matters, that any vote
matters. So, we'll see where that investigation takes us.
Elon Musk today had an IPO for SpaceX.
The company went public with its IPO today. Uh the company is set to trade on NASDAQ under SPCX, its letter call
letters, and uh the reported IPO price is $135 a share. It will be raising $75
billion made public. Here, let's take a look at some video of Elon Musk with this IPO.
[cheering]
[cheering]
Yeah, it it is certainly uh hard to believe that uh little company that started in a
warehouse in Elsagundo um is now uh
16 minutesis now is now going public for the with the with the largest IPO that uh
ever. Okay, so this is fascinating to me. I don't know enough about the specifics of SpaceX and how they are
gathering all of their revenue or where all of their potential revenue is. I mean, SpaceX was set up by
Elon to help get travel to Mars. Well, no one lives on Mars yet. People aren't
buying tickets to go to Mars. What I have seen is that the assets of what they have built through the space
program, especially the AI systems to help productivity for businesses and decision-m is is something that already
has an inherent value within the company. Here's how the AP reports. This says Elon Musk's rocket company SpaceX will make its debut on Wall Street.
Already has this morning and both institutional and retail investors are expected to gobble up the 555.6
million shares going up for a sale at $135 a piece. Musk, already the world's richest man, could become its first
trillionaire. Well, that's basically happened. SpaceX is likely to become the biggest IPO ever with proceeds of around
$75 billion. SpaceX hopes to become the first company to send people to Mars.
Hopes to. In fact, part of Musk's future compensation future compensation depends on SpaceX
eventually establishing a colony of at least 1 million people on the red planet. This is crazy to me. Not that it's crazy that it's going to happen.
It's just the the hope the value of hope that that is brought to this company.
What are the tangible assets? What what what is it currently producing in revenue right now? This is all built on
future expectations [snorts] that well most of it not all of it. Okay, here's the question. Why is SpaceX going public
now? In a video conference on Musk's social media platform X, he told JP Morgan CEO Jaime Diamond that people
have suggested for the last 10 years that he take SpaceX public. He's doing it now because the company plans to put
100,000 next generation Starlink satellites into
orbit. deploying AI data centers in AI AI data centers in space is a massive
new growth base and you need capital for that. That's something we should all be looking at. Look at the controversy of the AI uh data centers in for example in
in Phoenix or in yeah in the Phoenix area and in uh Boxelder County in Utah and all the
resources are going to be eaten up. Is this going to make a big difference when you put the data centers in space? Is that easier? Does it require fewer
resources? If it requires resources, how do you get the resources there? Um, something I'm very unfamiliar with, but
still, I mean, it's it's is is it charging Starlink to to set up these
data centers and the 100,000 next generation Starlink satellites that are going to be put into orbit. That is
that's incredible. I mean, you are you are building this this he's already putting several satellites in orbit a
day right now. So in incredible incredible foresight and technology.
So he needs more capital to be able to do this. Going public provides access to the capital that SpaceX needs, but it
also exposes it to more scrutiny from shareholders and more regulatory oversight, but he needs the money for it. Now, how is this going to be set up
for Musk himself? Well, he will hold the majority of special class of shares, giving him control over decisions
related to company strategy, finances, and personnel. on the latter because of his ownership of most of these class B shares the only person who could fire
Musk as CEO is Musk. Okay, so this is something that you know one of the things that the critics are saying about
this IPO is a couple of things. Number one, it is built a lot on the future and on hope in the future and some people want to be a
part of that, right? They just want to be a part of that and owning shares gives you the chance to be able to do that I suppose.
[snorts]
Secondly, it's a matter of Musk himself. What if what if Musk has a heart attack and
passes away and he's gone? Now, he's got partners that he's worked with. I think the company here was set up, I want to
say sometime way back in 20 2002, maybe 2004, somewhere in there. I mean, it's
21 minutesbeen around a long time and obviously has come a long way, but so much of this
is him and his brain and his vision of the technology that's being built, its purpose, what where its revenue is going
to come from, and honestly, the vision and passion for being able to get this
done. So the warnings from some experts say that finding a replacement for Musk with the same skills and experience
would be timeconsuming if not nearly impossible.
A wedge bush securities analyst Dan Ies wrote Wednesday at the end of the day Musk is SpaceX and SpaceX is Musk.
So you're buying Musk. That's what you're doing, right? You're buying Elon Musk. Now here is something that they
are also selling as part of this IPO and why you want to someone would want to be a part of it. This prospectus filed last
22 minutesweek by SpaceX biggest potential market is the sale of businessoriented artificial intelligence products and
this is the product of this type of um industry. Look at the the NASA I I I
don't remember. I saw a list of this once of everything all of the technology hardware and software that NASA produced
simply by pushing the edges of technology for their the the rocket technology and and and other space
technology that they were putting in place. And because of this, you ended up with, for example, consumer products. I want to say I remember one I think was
the microwave. I I'm not sure, but I think the microwave was part of that.
And all of these consumer products and other technological uh uh gains that were made through the space program with NASA are we use every day in our lives.
And that might have been the the the greatest gain by NASA apart from actually reaching the moon, I suppose.
But as far as practical everyday use and advances in technology, that's that's what it produced. That's a good thing to
Google. What what did NASA and the space program produce in terms of consumer goods and things that we might use every
day? But SpaceX predicts that this AI itself, just the AI will be worth up to 22.7 trillion.
That's just the AI. if it could somehow dominate rivals like Anthropic, Open AI, and Microsoft in a highly competitive AI
industry. The prospectus shows no clear path to profitability for the AI business, which merged with SpaceX
earlier this year. So, they're not showing numbers of where they could go.
This is, you know, something that it's hey, but this might happen is really what that is. It doesn't surprise me. It wouldn't shock me if that was the case.
24 minutesand they may have this advantage because of the actual implementation of accomplishing such incredible things
with their AI that it could edge up against other competitors like uh Open AI and Anthropic.
Now, some of you may be following the World Cup. I'm not into that as much. I I think maybe that is going to overtake at some point American culture. It's
just such a big global event that we don't really participate that much in.
Younger generations are starting to do that a lot more. But it opened up in Mexico City uh yesterday. Uh you've got
Canada, the United States, and Mexico that are participating in hosting the World Cup.
I remember how big this was. I was in Mexico City on my mission when Mexico
City was hosting the World Cup. I was out on a freeway, a massive freeway during the game. The the and and Mexico
won. It was a two-0 win over Bulgaria in the round of 16. And everything stopped
for hours and hours. All of the cars on the freeway stopped because they were all listening to it on the radio. Uh
there massive celebrations, people passing around beer and bringing beer from the local stores up onto the under
the what became a parking lot. It was just incredible to experience this. It was unreal. Just the whole city stopped
and celebrated forever these things. The World Cup is huge. It's massive. But us missionaries were of course just observers. So, I mean, we'd go around and give high fives.
Uh, that was kind of fun. Mexico went on to the quarterfinals against Germany.
They drew at 000 and they lost 4 to1 on penalties. So, they were they were out after that, but quite the experience.
Now, lastly, I want to go over the Alex Bass over at Mormon Metrics on Substack talks about he's got a title of
on this data point called the missing Mormon political gender gap. This is very interesting to me.
uh he's pulling this from a one of the large surveys, very credible surveys on uh the cooperative election study, the
CES, and he notes the difference between the the really strong
[clears throat] disparity and and going in opposite directions of men and women in the world, in the West, where you've got people that are women that are
moving harder and harder to the left, guys are going further to the right. And so you're getting this real
divide that is a little concerning. Now, women have always leaned a little bit more left because it's it it deals a lot more with the ideas of empathy and
compassion, I think. And guys have always leaned a little bit more to the right because it deals a lot more with order and
structure, etc. That that seems pretty natural to me. The differences haven't been vast in
that area. you're usually still looking at about uh maybe a a a 3 to 5% change one way or the other. So from 50% maybe
you're at 46 or 47% of men are on the left and uh on the right maybe you've
got about 46% of men that are on the left. Right? So it's it's not some massive divide. Overall there can be up
to like about a 10% divide. I think those numbers are right. You can check that.
and and that moves around a little bit obviously depending on the candidate and the political environment at the time of the elections.
But but this number is growing, this gap is growing larger and larger.
But what Alex is doing here is he's saying, "Okay, well, as these numbers grow wider and wider for the Latter-day Saints, they're really not." Which I think is
interesting. I would not guess that. I would not guess that because of other reasons I'll go over in a minute on
other studies that talk about those that are disaffected from the church and the reasons why I think they might be disaffected from the church.
Uh but going through his [snorts] data here he's pulling from the CES.
This is how LDS ideology by age work.
You've got four different groupings here not based on gender at this point. This is just for Latter-day Saints. And you can see that from from ages from 18 to
29 is the bottom dark green line. It's got a little bit of a bump up as you go into
2011. And then coming into 2015, it's dropping down and then it's dropping down again.
It's interesting how he has put conservative to moderate here. I guess he's talking about our starting point as mostly being conservative. So, this
doesn't really give you the dialedin view of these individuals. Uh, I think what he's doing here is he's grouping
this as, okay, we're mostly conservative church and this is moving further left, which means they're moving down toward being moderate. Of course, that's not
completely true. You've got people that are moving very far left in the church.
So, I get what he's doing here. I I but but it's not a detailed analysis of where all of the members are choosing uh
to put themselves on the political spectrum, but he's showing the overall trend. And as it moves down here, it means it's moving further to the left.
And then you've got those that are ages uh 30 to 44 in the light green and somewhat similar, but a little bit older
here. They start off even more conservative than the younger group.
they come down and meet up right at about the 2020 level where they're more I I I don't know if this is based on
self-identifying uh or if this is based on your vote. In other words, identifying as conservative
30 minutesor identifying as liberal or moderate, etc. or if it's just who did you vote for in the campaign in 2020 and you had
fewer and fewer people voting for Trump for example as Latterday Saints in 2020.
Now then you get an even further drop for the youngest group of 18 to 29 coming into the last election but an
increase from those that are 30 to 44 but pops back up. Uh so those that are
married, more likely married and more likely with kids have have jumped back up in the 2024 period of time. And then
you've got 45 to 64. And you can see as you get older, you be there's more you're more and more conservative. This
does have to do with the politics at that time, especially in the church for each of those generations, but it also
has to do just with your age. People become more conservative as they get older. That's that's just the way human
nature is. The younger generations, it's going to be tough to ever swap that out.
I think younger generations are always a little bit more liberal than the older generations. So 45 to 64
that uh that also bumps downward. So this that's fascinating to me, right?
You've got a jump in 2024 from those that are 30 to 44 upward as counting as
conservative. But the older groups being 45 to 64 and 65 plus, they bounced
way up in the 2020 election period, but came way back down in the 2024. Is that
right? That seems odd to me. He's pulling this from the CES. I'm going to guess that that's that's that's
that he's got the right data and and he's using that right. But that just seems strange. But what I really want to focus on is where we get into the gender
gap on this. And here you've got it divided up by gender. So you've got first the light blue is male under 40.
So the male under 40 at one point becomes the most liberal of all groups, all four of these groups
going into the 2020 time period. And then you've got women who have come down also in the same
trend, same way. But the men under 40 bounce back up
to more conservative in the 2024 period, but the women are staying trending downward toward being liberal still in
the 2024 period. So you had a larger gap in 2020, but then the gap shrinks
between the two because the women continue to drop. When I say drop, I mean move to the left and and the men
definitely have a a tick back up to conservative. So those two things right there do reflect the rest of the world.
It's just that for whatever reason, you've got young younger men as being
the most liberal group in 2020. I I question that. I I really do. I
question that. I'm I don't I I'm not saying it's wrong, but that is odd. That That is odd. If
that if that is true with the other groups here, the other two groups where you've got uh male and female over 40.
So the dark blue and the and the red here or magenta, whatever color that is,
those are also different. You've got a gathering together instead of at 2024, they're
about equal at 2020. So there's interesting dynamics in 2020 election.
You've got men and women about the exact same spot in in uh both of them moving toward becoming more look at that.
That's where the disparity is is again is in the age. You've got men and women over 40 becoming more conservative in 2020 and men and women under 40 becoming more liberal.
And then you have men who still become a little more conservative or about the same in 2024 over 40. But then look at
the women. See that? That is still following that's still following the same trends of the world. So even though we are
closer, we're closer because we're following the trends. If that makes sense. It's just we have a different starting point than
the rest of the world does is the way it looks to me. Now here he's got the rest of the world. Look, look how look how this looks here. This is what is so concerning about politics in the west.
Look at South Korea. You you've got men here. This is moving the opposite direction. So going down is becoming more conservative and moving up is more
liberal. And look at South Korea. Holy cow. And that is that is just from 2015
16 on. There's actually a a moving together in 2016.
Women become a little more conservative, men becoming more liberal, and men had had a steady increase in being liberal
up until 2016. And then look at that drop from a from a about a plus what 15
to a negative 20 plus. That's a 35% swing if I'm reading that correctly. And
by the way, this is political ideology of 18 to 29 year olds it looks like by sex. So this is the younger generation.
This is Gen Z. In the US, it's the same thing. It just started earlier. You got the big change happening. It looks like
about 2008 and then continuing on. And in Germany, same thing starting at around 2008 to 2010.
Uh and quite a change there. I mean, look at outside of Korea
where where the biggest change is the men, look at the change for the women in the
US, in Germany, and in the UK. Just a drastic drastic change. Look at the men here going in in the UK from 2008 up to
about 200 or no sorry from about 2012 to 2020. They're gaining just like the
women are the same direction. They're a little behind. They're behind them but they're going in the same direction. And then you see at the end here just a
little tilt downward. But that explains some things in the UK, I think, because
you've got the men moving in the same exact direction as the women up through about 2016.
What do you think the implications of this are in the West? What what what is that? Does it matter? Does it mean it seems to me like that matters quite a bit. I mean, when you're talking about
dating, when you're talking about getting married, when you've got existing families and the political disparity, the divide is growing more
and more uh between men and women. Is it because men are more conservative and if there's more marriage, women become more
conservative? Is it become women because women become more conservative when they're married and even more conservative when they have kids and
that isn't happening as much? Is it the ideologies that are underpinning these
changes that change a man's and especially a woman's politics?
I I think this is fascinating. I hope that Alex follows up a little bit more with this. I I'd like to I'd like to have explanations on on the Latter-day
Saints. Why is this happening? Why do we have a smaller gap? It is following the same trend, but why do we all still have
a small gap? I would be really interested in that. We're not where the US is, right? We're talking about US Latter-day Saints, right? So, we are not
anywhere close where the in disparity of where uh the US divide is with with women skyrocketing toward becoming
[music] more liberal and men going in the opposite direction. That's it for today. We'll talk to you next week.
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