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← The Pulse · week of Oct 19–25
PodcastTBPNOctober 20, 2026

Calm Down Markets, Trevor Milton Has A Plane to Sell You, Jay Leno Live in The Ultradome | Alex Niehaus, Alex Blania, Nate Rempe, Connor Sweeney, Jay Leno

Anthropic's leaked S-1 shows breakneck revenue growth alongside an $80.7B H1 2026 loss and concentrated customer base ahead of a ~$2T IPO.

  • PSA/FedEx heist: Thieves stole ~250 packages of graded trading cards (est. $963K+) from an unattended FedEx truck outside PSA's Santa Ana HQ; PSA deactivated certification numbers on stolen cards.
  • Trevor Milton's new jet venture: Pardoned Nikola founder now leads CyberJet, reviving the SJ30/SJ36 light jet (FAA-certified since 2005, ~$700M sunk development cost, only ~10 built historically) with in-house avionics instead of Garmin/Honeywell.

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