President Donald Trump nominated Jay Clayton, U.S. attorney for the Southern District of New York, to be the next permanent director of national intelligence on Thursday. A veteran Trump administration official, Clayton is seen as a more conventional choice for the role compared to the president's earlier choice made last week.
The previous record was set over six years ago. But SpaceX, whose stock begins trading on Friday, is on track to raise tens of billions of dollars more.
Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.
President Trump announced his plans to nominate Jay Clayton as director of national intelligence. The choice comes as lawmakers refused to extend a key surveillance tool over stalled privacy concerns and questions about the qualifications of the interim intelligence chief. Congressional correspondent Lisa Desjardins reports.