These ‘nerds’ earned millions betting on space years before the SpaceX IPO made it cool

Treasuries strengthened slightly after core US inflation accelerated by less than forecast in May, with bond traders maintaining their bets that the Federal Reserve will raise interest rates by the end of the year.

Dan Ives of Wedbush Securities talks about the upcoming SpaceX IPO and how it could impact tech stocks. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)