Axios

Endeavor, which does talent management, streaming, and also live events, went public today — and it could be an avatar for the broader in-person events industry, which is still struggling to rebound.  Axios Re:Cap is joined by executive chairman Patrick Whitesell to discuss how Endeavor weathered the pandemic, how they’re approaching the future of in-person events and a recent decision to bring Elon Musk onto the company board.

Elon Musk has formally joined the board of Endeavor, the Hollywood conglomerate whose properties include the William Morris talent agency and Ultimate Fighting Championship, in conjunction with Endeavor's IPO on Thursday.

Why it matters: This is currently Musk's sole directorship for a company that he didn't help create.

Last night, President Biden gave his first address to a joint session of Congress. Over an hour and five minutes, the president touched on just about every major issue facing the county right now, and called for investment in the American economy and social safety net.

• Plus, how the pandemic has hurt younger workers.
• And, the NFL opts for a live, in-person draft.

President Biden's proposed tax hikes on the wealthy could apply to at least some 2021 earnings, White House economic adviser Heather Boushey told the Axios Re:Cap podcast on Wednesday.

Why it matters: The administration has said it wants to raise income and capital gains rates on the richest Americans to offset new spending, but has not yet specified when it wants those increases to go into effect.

On Sunday, almost 1.6 million American air passengers passed through security checkpoints — compared to just about 130,000 the same day last year.

Travelers are rushing to buy plane tickets, and airlines are scrambling to add flights and rework schedules.

• Plus, some new guidance around masking.
• And, the Biden administration’s plan to go after tax evaders.