When you use Claude this morning, it tells you: "Claude Fable 5 is currently unavailable." Here's the backstory, as scooped last night by Axios' Alex Isenstadt and Maria Curi:

The Trump administration is blocking foreign governments, companies and individuals from accessing Anthropic's most advanced AI models.

• The company promptly took the model down for everyone, just two days after releasing it with great fanfare.

Why it matters: The move marks an escalation in Washington's effort to treat cutting-edge AI systems as national security assets. Anthropic is on a Pentagon blacklist deeming it too dangerous for the government's own use, and in a Commerce Department licensing regime calling it too dangerous for foreign use.

Commerce Secretary Howard Lutnick sent a letter to Anthropic CEO Dario Amodei yesterday saying that the Mythos 5 and Fable 5 models would be subject to export controls to any location outside of the U.S. and to all foreign persons within the country.

• An administration official told Axios the Commerce Department decided to take the action after another company claimed it was able to jailbreak Mythos, alarming the administration about possible national security risks.

⏸️ The administration tried to get Anthropic to pause releasing the latest models but was unsuccessful, the official said, prompting the export control letter.

• The model needs to remain locked down until the U.S. government's national security apparatus is hardened, the official said, adding that could happen in the next few weeks.

Keep reading.

Elon Musk's almost inconceivable fortune has expanded the Overton window of wealth, Axios markets correspondent Matt Phillips writes.

• Why it matters: Big, round numbers have a remarkable way of focusing minds. The first trillionaire will likely reignite discussion of the diverging fortunes of wage earners and those with market-based wealth, as well as their growing political power.

SpaceX shares ended the first day of trading up 19.2%, to $160.95.

• At that price, Musk's publicly reported stake of roughly 6.4 billion shares of stock would be worth $1.03 trillion. Toss that on top of the market value of Musk's $340.141 billion worth of Tesla at Friday's close, and you find yourself at $1.37 trillion.

🤯 The typical American household is now closer to Jeff Bezos in wealth than Bezos is to Musk, a popular X account points out.

• Median household net worth in the U.S. is around $193,000. Bezos is worth roughly $249 billion, while Musk's fortune tops $1 trillion, per Forbes. So the gulf between Bezos and Musk is hundreds of billions larger than between Bezos and the typical American household.

What we're watching: SpaceX and lead IPO banker Goldman Sachs began meeting with prospective IPO investors back in January, Axios' Dan Primack reports.

• This preemptive playbook is likely to be replicated for Anthropic and OpenAI — both of which plan to go public later this year — given how smoothly SpaceX stock launched yesterday.

👀 "There was an incredible focus on educating investors very early, given the breadth and complexity of the company," a source says.

• The result was early valuation feedback that helped SpaceX get comfortable offering a $135-per-share "take it or leave it" price.

Don't be surprised to see both Anthropic and OpenAI also go to market with a set price, rather than launch an auction.

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On Thursday evening, President Trump called Israeli Prime Minister Benjamin Netanyahu with news he did not want to hear: He expected to sign a deal with Iran within days.

• "This is the deal. It's a great deal, and it's time to end this war," Trump told Netanyahu, according to a senior U.S. official.

Why it matters: When Netanyahu went to war alongside Trump, this is not how he envisioned it ending, Axios' Barak Ravid writes.

⚡ Flashback: Netanyahu made clear from the beginning that he believed the war could spur regime change in Tehran.

• Now, four months out from an election, Netanyahu's rivals are accusing him of making Israel a "vassal state" by simply accepting Trump's terms for peace.

Keep reading.

USA beat Paraguay 4-1 in Los Angeles last night in the World Cup opener on U.S. soil.

• America's players showed the creativity, crisp passing and kind of nifty one-on-one moves that U.S. fans have been accustomed to seeing from traditional soccer powerhouses in Europe and South America, Axios' Bob Gee writes.

🥅 The four goals — two from striker Folarin Balogun, one from midfielder Gio Reyna, and an own goal by Paraguayan defender Damian Bobadilla — were the most tallied by a U.S. men's team in a World Cup.

• Stunning stat: U.S. center-back Chris Richards completed all 83 of his passes, the most passes with 100% accuracy by any player in a World Cup game since 1966, per the sports analytics company Opta.

What's next: The U.S. faces Australia on Friday in Seattle.

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White students now make up less than half of Americans enrolled in school from nursery through graduate programs, Axios' Russell Contreras writes from new Census Bureau data.

• White (non-Latino, non-multiracial) student enrollment fell from 46.7 million in 2000 to 36.6 million in 2024. Latino enrollment rose from 10.2 million to 18.4 million over the same period.

🎒 Zoom in: The demographic shift is most visible in early childhood and K-12 education.

• White children are around 47% of the students at nurseries and kindergartens, and 48% at elementary and high schools.

Higher education is the only remaining group in which white students remain a majority (51.1%).

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ICE investigators are going straight to local election officials for individual voter files and have obtained them in two counties, per emails shared exclusively with Axios' Brittany Gibson.

• Why it matters: President Trump's decadeslong push to root out alleged noncitizen voting has evolved into a multiagency effort reaching into state and local voter systems.

🔎 Documented cases of noncitizen voting are rare.

• The conservative Heritage Foundation tracks convictions and court records of voter fraud. It shows 100 documented cases of noncitizen voting between 1982 and 2025.

Agents from Homeland Security Investigations, the investigative unit within ICE, asked county election officials in Texas for specific voter files last month, according to emails obtained from records requests made by Democracy Forward and shared with Axios. Another HSI agent asked for registration information for two voters in Forsyth County, N.C., last November.

• In both cases, the voter files were shared with HSI, emails show.

Read on.

Workers began removing President Trump's name from the facade of the Kennedy Center early this morning, hours after a court-ordered deadline to remove references to Trump from the building and other aspects of the iconic performing arts venue's operations.

Scaffolding went up yesterday around a section of the building that includes Trump's name, but shortly after midnight, the Kennedy Center asked a judge to extend the deadline until noon ET today because of thunderstorms that had swept through the Washington area, causing a delay.

• Read on.

"New Yorkers unite in hope": The new cover of The New Yorker — "After the Comeback," by French illustrator and animator Pierre-Emmanuel Lyet — "captures the joy on the streets of the city in the hours following OG Anunoby's rocket-fuelled tip-in" that capped the Knicks' historic win over the San Antonio Spurs this week in Game 4 of the NBA Finals.

• New Yorker Editor David Remnick writes that Lyet "finished his image just hours after the Knicks took their 3–1 lead in the series. The Knicks have not won the championship since 1973, and ... still face a young Wemby-led Spurs team capable of both near-perfection and mysterious lapses."

Game 5 is tonight in San Antonio (8:30 p.m. ET).

• Read David Remnick's 3 a.m. takeaways on the greatest Knicks win ever: Fandom, he typed when he couldn't sleep, "is a matter of patience. Dynasties are freak occurrences in history. Such dominance might be pleasurable, but it does not encourage good character. Real fandom is about endurance and waiting. (At times it feels like waiting for the Messiah.) Knicks fans have endured."