Episode 207: Today, Ann unpacks the UK’s proposal to ban children under 16 from major social media platforms – and the impact it could have on the social media companies themselves. Then, it’s a Monday full of merger moments – as Salesforce, Fox and American Express announce acquisition plans. Finally, as SpaceX wraps its first full day of public trading, we answer a listener’s question about which companies could stand to benefit from the blockbuster IPO. Visit: Aflac.com/BrewMarkets www.brewmarkets.com Subscribe to the Brew Markets newsletter: https://www.morningbrew.com/brew-mark... Follow Brew Markets on social: Instagram: instagram.com/brewmarkets TikTok: tiktok.com/@brewmarkets X: x.com/brewmarkets Follow Ann Berry on social: Instagram: instagram.com/annberry_nyc X: x.com/AnnBerry_NYC Listen to Brew Markets Here: swap.fm/l/9Qk4z73Z2nEwFiCB4qee Watch Brew Markets Here:⁠ https://www.youtube.com/@BrewMarkets Stocks mentioned: $META $SNAP $FOX $ROKU $TRIP $AXP $CRM $SPCX $LIN $SPCE $LUNR $RDW $RKLB The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships Learn more about your ad choices. Visit megaphone.fm/adchoices

Banning Kids from Social Media & SpaceX's Ripple Effect

Brew Markets

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**Podcast:** Brew Markets

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Many employees can't afford a hefty medical bill that pops up out of the blue, but it happens. And employees who are financially stressed are, understandably, more likely to be distracted at work, costing their employers greatly and lost productivity. Luckily, Aflac plans help with out-of-pocket expenses not covered by health insurance and can be offered at no direct cost to businesses. Learn more at aflac.com slash brewmarkets. That's aflac.com slash brewmarkets.

It's Merger Monday. We have the latest on Fox's acquisition of Roku and what it means for ad-supported streaming. SpaceX, after that record-breaking IPO, we dig into one listener's question on which other companies might just ride the launch's tailwinds. And from Instagram to TikTok, the UK just unveiled plans to block social media access for kids under 16. We break down the proposal and what it may mean for the stock prices. For Monday, June 15th,

it's Brew Markets Daily and I'm Ann Berry. More market details to come. But first, a social media ban for kids, long discussed in many jurisdictions and now gaining momentum, at least overseas, with a landmark announcement today out of the United Kingdom. Prime Minister

Keir Starmer announced plans to ban children under the age of 16 from accessing major social media platforms in what the UK government describes as an effort to protect their mental health and online safety. But the proposal would block under 16 from platforms that include Instagram, TikTok, Snapchat, Facebook, YouTube, and X, while messaging services such as WhatsApp would at least for now remain exempt. The proposed ban would be enforced through stronger age verification requirements and

could take effect as early as next year. While the UK is not the first nation to take this approach, in 2024 Australia passed a law that requires social media companies to prevent users under 16 from holding accounts. And those restrictions actually came into force in December of 2025, with platforms that failed to comply facing significant financial penalties. Well, supporters say that these moves are necessary responses to growing concerns about children's wellbeing online. In the United States,

dozens of states have sued Meta and 14 attorney generals have sued TikTok, alleging that the platforms use addictive design features that harm children's mental health. Critics, however, have questioned whether these age verification systems can be effectively enforced and warned that young users may simply migrate to less regulated corners of the internet instead. While investors are certainly monitoring the debate closely, the major social media companies do not disclose under 16s as a share of total

users, at least for now. But UK data from regulators show the scale of teen usage. Among 13 to 15-year-olds there, roughly 87% use YouTube, 79% use TikTok, 71% use Snapchat and 61% use Instagram. And if you replicate that penetration ...

Banning Kids from Social Media & SpaceX's Ripple Effect

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Banning Kids from Social Media & SpaceX's Ripple Effect

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.