Defense Secretary Pete Hegseth lamented what he called the defense industry’s “risk-averse culture” and offered fulsome praise for Elon Musk as he toured the billionaire’s SpaceX Starbase launch site in Texas. Hegseth says it's currently too hard for new contractors to win business with the Pentagon. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9