Valuetainment

The Daily Wire is reportedly seeking new investors and exploring a future IPO, but Patrick Bet-David and the panel debate the real question: Can the company thrive without Ben Shapiro? From subscriber declines to a potential $2 billion valuation, the stakes couldn't be higher.

Patrick Bet-David and the panel react to California's proposed 5% billionaire wealth tax heading to the ballot. Will it raise billions for public programs or drive investors, entrepreneurs, and jobs out of the state? The debate over wealth, taxes, and economic freedom heats up.

Luxury EV maker Lucid is cutting roughly 18 percent of its U.S. workforce, including full‑time staff, contractors and factory workers, in its second deep layoff of the year as it tries to save about 158 million dollars annually and align production with softer demand. The company had around 9,000 employees worldwide at the end of 2025 and generated roughly 1.35 billion dollars in revenue last year on fewer than 18,000 vehicles, but its stock has plunged more than 50 percent in 2026 as investors lose patience with ongoing losses.

A new bipartisan housing bill headed to President Trump bars large institutional investors that already own at least 350 single‑family homes from buying more, and loosens a stack of federal rules to speed up construction, modernize manufactured‑home standards and push FHA limits closer to today’s prices in an effort to boost supply and stop Wall Street outbidding families.

Bloomberg reports that more ultra‑rich founders are building elaborate, cross‑border trust structures designed to minimise taxes, preserve their companies and lock in management long after they die, but those same systems are now triggering bitter court fights as heirs push back.