FULL SHOW: Rapid developments overnight in the Iran conflict... President Trump had laid down a 48-hour deadline for Iran to clear the Strait of Hormuz, but will now wait for five days given progress in talks with an unidentified Iranian leader. PLUS: Elon Musk is looking to drop another billion or two or 20 into his campus in eastern Travis County, adding a chip fab to create semiconductors to power the AI future of Tesla, SpaceX, and xAI products.