11th hour with stephanie ruhle starts right now. tonight, round two of the debt ceiling showdown. this time, ending on a hopeful note. president biden has scrapped part of the major trip abroad over the possible risk of default. then, donald trump and ron desantis go head to head on abortion legislation, while an abortion ban denies north carolina. elon musk s latest trader troubles, how his own line actions having any real life consequences? as the 11th hour gets underway on this tuesday night. good evening once again, i am stephanie ruhle. with just two weeks to go before a possible default, president biden, vice president harris, and the top four congressional leaders met today in the oval office to try and find a way out of the crisis. in a sign of the urgency of the moment, we learned that the president will be cutting his trip to asia short so that he can get back to washington to negotiate. nbc s kelly o donnell has more on the two sides and what they are saying to
in a sign of the urgency of the moment, we learned that the president will be cutting his trip to asia short so that he can get back to washington to negotiate. nbc s kelly o donnell has more on the two sides and what they are saying tonight. tonight, new signs of progress and a major change of plans. i m cutting my trip short, postponing the australia portion of the trip, and the stop in pop in new guinea. tomorrow, the president will head to japan for the g7 summit of the world s largest economies. he will skip plant stops in australia, and pop what new guinea to get back to negotiations. we re just getting started. mr. biden, joined today by the vice president, holding his second face to face talks with congressional leaders. afterwards, speaker mccarthy struck a notably more optimistic tone. it is possible to get a deal by the end of the week. it s another difficult to get to an agreement. at stake, raising the nation s credit card limits, or debt ceiling ab
i ll see what i want to say and the consequence of that is losing money. so be. it soviet. luckily karen swisher is here to discuss all of. it she is an headed tour and host of the podcast pivot and on with karen swisher. kara, explain this to us. why is elon musk permitted a shareholders, employers, his board, to behave in a way that no other ceo in the world can act? is it all just, well, he controls his board, and he s made a lot of money with tesla? that s a blur it. he s made a lot of money for shareholders. they re on the gravy train of elon musk. they re going to let him do it until they re not. they might object, but in general he defies the laws of corporate gravity in some fashion. and, again twitters private, so boys can, leave i guess and he would guess leave if you don t like me. and spacex, same thing, and tesla is essentially a private company because he controls
that s a blur it. he s made a lot of money for shareholders. they re on the gravy train of elon musk. they re going to let him do it until they re not. they might object, but in general he defies the laws of corporate gravity in some fashion. and, again twitters private, so boys can, leave i guess and he would guess leave if you don t like me. and spacex, same thing, and tesla is essentially a private company because he controls every aspect of it, and it s dependent on. him the board has over the years avoided a proclivity to rein him in, they like him is the bad boy of corporations, i guess. they like what tesla has done. but twitter, twitter is a company based on ad revenue. tonight he also talked about