TBPN — Blue Origin Explosion, Enterprise AI Hits Spending Limits, Dinosaur Market Booms | John Gruber, Ronak Malde, Zane Mountcastle, Jamie Cuffe, Kyle Kuzma, Brad Gerstner

- Blue Origin’s New Glenn heavy‑lift rocket exploded during a static‑fire test at LC‑36, destroying the pad but injuring no one, prompting Jeff Bezos to vow a rebuild while Elon Musk and industry peers warned the setback could widen SpaceX’s financing lead as it eyes an $80 billion capital raise. - Enterprise AI spending is soaring, with Anthropic reporting $47 billion ARR and a $965 billion valuation, while firms like Uber and Meta have blown through multi‑hundred‑million‑dollar token budgets, sparking board‑level pressure to prove ROI and curb “token‑maxing” waste. - Sotheby’s will auction a 67‑million‑year‑old T‑rex skeleton (“Gus”) on July 14 with an estimated $20‑30 million price tag, underscoring a booming high‑net‑worth market for dinosaur fossils that follows a $44.6 million stegosaurus sale to hedge‑funder Ken Griffin. - Analysts criticize SpaceX’s upcoming IPO, noting a proposed $2 trillion valuation on $18.7 billion revenue and $5.1 billion AI R&D spend, while the company banks on new AI‑powered data‑center contracts to offset a slowdown from 35% to 33% growth. - Apple’s “Apple Intelligence” rollout remains vague, with rumors that Google’s Gemini will power Siri via an undisclosed extension, raising questions about third‑party access to iOS data and how Apple will monetize AI‑enabled app extensions while preserving ecosystem control. - The panel highlighted a paradox in corporate AI adoption: Jevan’s Paradox and Goodhart’s Law combine to create “Coogan’s Law,” where cheaper AI drives higher usage, prompting firms to shift from token‑maxing dashboards to strategic, high‑leverage AI projects to justify spending. Watch on YouTube