Tag Archives: space

Bezos thanks Amazon customers who ‘paid’ for space flight, sparking criticism from Sen. Warren

Soon after Amazon (AMZN) chairman and founder Jeff Bezos returned to Earth from space on Tuesday, the billionaire received sharp criticism from progressive Senator Elizabeth Warren (D-MA) contrasting the low tax bills paid by him and Amazon with those borne by everyday Americans who “keep this country running.” The criticism came in response to remarks made by Bezos thanking Amazon customers and employees whose purchases and work “paid for” the space expedition, which was carried out by… Source link

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The billionaire space race could benefit regular people, too

Wednesday, July 14, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Amazon (AMZN) founder Jeff Bezos will launch Tuesday from a remote area of west Texas on his Blue Origin rocket, becoming the second billionaire this month to leave the Earth, albeit briefly. Bezos’ July 20 flight on the New Shepard spacecraft will come less than two… Source link

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Virgin Galactic’s Richard Branson takes suborbital space trip, stealing the spotlight from Jeff Bezos

Virgin Galactic’s SpaceShipTwo rocket plane, VSS Unity, fires up its hybrid rocket motor to head spaceward. (Virgin Galactic via YouTube) Virgin Galactic founder Richard Branson rode his company’s SpaceShipTwo rocket plane into the skies over New Mexico today and did something that no billionaire has done before. In the company of five crewmates, Branson became the first billionaire to take a rocket-powered ride on his own company’s spaceship, rising above the 50-mile mark that the… Source link

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Virgin Galactic’s Branson arrives on bike for space launch aboard rocket plane

By Steve Gorman TRUTH OR CONSEQUENCES, N.M. (Reuters) -British billionaire Richard Branson prepared on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles (80 km) above the New Mexico desert in the vehicle’s first fully crewed test flight to the edge of space. Branson, one of six Virgin Galactic Holding Inc employees strapping in for the ride, has touted the flight as a precursor to a new era of space tourism, with the company he founded poised to begin… Source link

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The space junk problem is getting a lot worse: Astroscale CEO

As the commercialization and industrialization of space becomes more of an inevitability with every successful launch by companies like SpaceX and Virgin Galactic (SPCE), space debris, or space junk, is becoming a growing concern of both corporate and government aerospace entities alike. The European Space Agency (ESA) estimated that there are 29,000 objects larger than 10 centimeters, 670,000 objects larger than one centimeter, and more than 170 million objects larger than one millimeter… Source link

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Amazon stock ready for blast-off before Jeff Bezos reaches space?

Amazon (AMZN) officially has a CEO not named Jeff Bezos as of Monday (it’s Andy Jassy), but a stock price that’s acting like it normally does: moving up and to the right.  Shares of the tech beast have surged 14% to $3,642 in the past month in the lead-up to Jassy assuming the CEO mantle from the soon-to-be astronaut Bezos. As of Tuesday afternoon trading, Amazon’s ticker page was the most trafficked on the Yahoo Finance platform — beating out Didi (stock down 21% after a China crackdown… Source link

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Citibank Enters Crypto Space, Launches Digital Assets Unit

SASCHA STEINBACH/EPA-EFE/Shutterstock / SASCHA STEINBACH/EPA-EFE/Shutterstock The latest behemoth to enter the crypto space amid steady institutional interest is Citigroup, which officially launched a new business unit dedicated to the cryptocurrency and blockchain space, according to a memo obtained by The Block. See: As Cryptos Crash, Twitter is Drowning in MemesFind: If You Invested $1,000 in These Cryptocurrencies a Year Ago, Here’s How Much You’d Have Now The new unit, the Digital… Source link

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More than 41,000 people have signed petitions to stop Jeff Bezos from returning to Earth after his trip to space next month

Jeff Bezos is set to launch aboard the New Shepard rocket on July 20. Mandel Ngan/AFP via Getty Images; Blue Origin Petitions to stop Jeff Bezos’ Earth re-entry collected more than 41,000 signatures between them. The one with the most signatures is entitled: “Do not allow Jeff Bezos to return to Earth.” Bezos will fly into space on July 20 for Blue Origin’s first human flight of New Shepard rocket. See more stories on Insider’s business page. More than 41,000 people have signed petitions calling… Source link

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More than 41,000 people have signed petitions to stop Jeff Bezos from returning to Earth after his trip to space next month

Jeff Bezos is set to launch aboard the New Shepard rocket on July 20. Mandel Ngan/AFP via Getty Images; Blue Origin Petitions to stop Jeff Bezos’ Earth re-entry collected more than 41,000 signatures between them. The one with the most signatures is entitled: “Do not allow Jeff Bezos to return to Earth.” Bezos will fly into space on July 20 for Blue Origin’s first human flight of New Shepard rocket. See more stories on Insider’s business page. More than 41,000 people have signed petitions calling… Source link

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JPMorgan Storms Into the Steel Space; Offers 2 Stocks to Buy

COVID is receding and the economy is rebounding. Talk about it, and most analysts will focus on consumer spending, government stimulus, and the rise and fall of jobs numbers. These are important metrics, and they merit their headlines, but they don’t necessarily give a full picture. While the US economy is consumer based – and consumer spending makes up almost three-fourths of the GDP – we cannot discount heavy industry. The steel sector may be old technology, but it’s still a… Source link

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