# 2026-06-03 Morning Voicecast

Good morning. It's Wednesday, June 3rd, 2026. Here's what's happening in tech, space, and AI.

**Story one.** The White House just flipped a 180 on AI policy. On Tuesday, President Trump signed a new executive order on artificial intelligence — after scrapping a previous version just hours earlier that would have required government pre-approval of AI models before release. The new order, titled "Promoting Advanced AI Innovation and Security," takes a completely different approach: instead of pre-release review, it directs the Treasury Department, NSA, and CISA to develop a classified benchmarking process for assessing AI model cyber capabilities. Within sixty days, those agencies must determine the threshold at which a model gets designated a "covered frontier model" — a category that would trigger mandatory disclosure and security requirements. The order also calls for a new cybersecurity clearinghouse, shared between defense, intelligence, and civilian agencies. It's a pivot from the open deregulation stance that's been in place since May, and signals the administration is finally grappling with what happens when models like Claude Mythos can find zero-days in every major operating system. The timing is notable — coming right on the heels of Anthropic's confidential IPO filing with the SEC on Monday. A trillion-dollar AI company going public just as the government draws new cyber security boundaries.

**Story two.** China launched a new rocket yesterday and didn't tell anyone until after it was in orbit. The Long March 12B completed its maiden flight from the Dongfeng commercial space innovation pilot zone in northwest China, carrying a batch of Qianfan satellite networking payloads — part of China's answer to Starlink. The launch happened at 4:40 PM Beijing time with no airspace safety notices issued beforehand. This is the 647th flight of the Long March series and marks the debut of a new variant designed for heavy commercial constellation deployment. The surprise launch pattern — no NOTAM, no public warning — is a new operational approach from China's space program. Analysts see it as a deliberate signal of military-commercial integration. Qianfan aims for over fifteen thousand satellites in low Earth orbit, and the Long March 12B is purpose-built for high-volume rideshare deployment. With SpaceX's Falcon 9 still the global launch leader, China's commercial launch capacity is quietly closing the gap.

**Story three.** Weather continues to be SpaceX's biggest problem. A Falcon 9 Starlink launch scheduled for Wednesday morning from Cape Canaveral was scrubbed after a series of weather delays for this particular mission. The rocket was set to carry twenty-nine Starlink satellites to low Earth orbit using a booster on its third flight. Florida's early June weather pattern has been brutal for launch operations, with the Cape seeing repeated anvil clouds and lightning risk. Meanwhile on the other coast, SpaceX continues its aggressive Starship Flight 12 investigation after the mixed-success test last month — Ship 39 succeeded with a mock satellite deployment and splashdown, while Booster 19 suffered a Raptor V3 cascade failure during boostback burn. The FAA grounding remains in effect while SpaceX's internal mishap investigation continues. IPO roadshow prep is happening in parallel — SpaceX is targeting a June 12 listing on NASDAQ under the ticker SPCX, at a valuation of one point seven five trillion dollars. S-1 filings show Q1 net losses of four point three billion dollars on four point seven billion in revenue, with xAI subsidiary losses at six point four billion.

That's all for today. See you tomorrow.