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August 8, 2022

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SEC chair Gensler seeks tougher SPAC disclosure, liability rules

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CNBC – For more and to sign up click here Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14, 2021. Bill Clark | Bloomberg | Getty Images Securities and......

Satellite imagery company Planet goes public, with $300 million ‘war chest’ after SPAC deal

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CNBC – For more and to sign up click here An image from one of the company’s satellites shows Lower Manhattan in New York City. Planet Satellite imagery and data specialist Planet began trading Wednesday on the New York Stock Exchange, becoming the latest space company to debut after closing......

Take a look inside Firefly Space, as the rocket builder prepares for a second orbital launch attempt

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CNBC – For more and to sign up click here Space company Firefly is preparing for the second orbital launch attempt of its Alpha rocket, as the venture looks to build out the foundation of its business. “Firefly is aiming to be the next SpaceX, a very transformative space transportation......

Space company Terran Orbital to go public via SPAC at $1.8 billion valuation

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CNBC – For more and to sign up click here Small satellite builder and operator Terran Orbital is preparing to go public, making it the latest in a flurry of space companies to announce a SPAC merger this year. Terran is merging with special purpose acquisition company Tailwind Two Acquisition......

Stocks making the biggest moves premarket: CarMax, McCormick, fuboTV, Merck and more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer missed estimates by 18 cents with quarterly earnings of $1.72 per share, although revenue topped analyst projections. Comparable pre-owned car sales rose 6.2%, less than......

Federal Aviation Administration clears Virgin Galactic’s SpaceShipTwo for flight following investigation

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CBS News – For more and to sign up click here Virgin Galactic’s SpaceShipTwo has been cleared to fly again by the U.S. Federal Aviation Administration following a probe into a mishap during its July spaceflight, the company announced Wednesday.  “We appreciate the FAA’s thorough review of this inquiry,” Virgin......

FAA clears Virgin Galactic after completing investigation of Branson’s spaceflight, stock jumps 10%

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CNBC – For more and to sign up click here Carrier aircraft VMS Eve takes off from Spaceport America in New Mexico, carrying spacecraft VSS Unity on July 11, 2021. Virgin Galactic The Federal Aviation Administration cleared Virgin Galactic to return to flight on Wednesday after completing a mishap investigation......

Inspiration4 crew returns to Earth after historic flight

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CBS News – For more and to sign up click here The Inspiration4 crew wrapped up the first all-civilian privately-funded trip to orbit and plunged back to Earth on Saturday, dropping out of a hazy sky for a ghostly early evening splashdown in the Atlantic Ocean near Cape Canaveral, Florida.......

First privately-funded trip to orbit going well, but details few and far between

CBS News
CBS News – For more and to sign up click here The first all-civilian, privately-funded crew to reach orbit came through their initial hours in the weightless environment of space “healthy, happy and resting comfortably,” SpaceX reported Thursday. Company founder Elon Musk tweeted: “Just spoke with (Inspiration4) crew. All is......

Watch space company Firefly launch its Alpha rocket for the first time

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CNBC – For more and to sign up click here [The livestream is slated to begin at 8pm EDT. Please refresh the page if you do not see the video player above.] Space company Firefly is aiming to launch its Alpha rocket for the first time on Thursday evening, lifting......

FAA grounds Virgin Galactic’s spacecraft during investigation of Branson flight issues

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CNBC – For more and to sign up click here Carrier aircraft VMS Eve is seen in the background shortly after releasing VSS Unity, which is firing its engine and acclerating during the company’s fourth spaceflight test, Unity 22, carrying founder Richard Branson on July 11, 2021. Virgin Galactic The......

Virgin Galactic ‘could really take off’ if it breaks above this level, trader says as space stock gets analyst love

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CNBC – For more and to sign up click here Virgin Galactic could be setting up for a sustained move higher. Jefferies initiated coverage of the space travel stock with a buy rating on Tuesday, sending shares nearly 9% higher in the day’s trading. On average, analysts covering the stock......

Stocks making the biggest moves midday: Zoom, Virgin Galactic, Chico’s and more

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CNBC – For more and to sign up click here Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty......

Stocks making the biggest moves in the premarket: Zoom Video, Robinhood, Designer Brands and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly earnings of $1.36 per share, 20 cents a share above estimates. Revenue also beat forecasts and topped $1 billion for the......

Branson’s Virgin Orbit to go public through a SPAC at $3.7 billion valuation

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CNBC – For more and to sign up click here The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the satellite-launching spinoff off of Sir Richard Branson’s Virgin Galactic, is preparing to go......

Top talent departs Jeff Bezos’ Blue Origin as NASA lander fight escalates

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CNBC – For more and to sign up click here Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Jeff Bezos flew to space late......

Virgin Galactic shares fall after Richard Branson dumps another huge stake worth $300 million

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CNBC – For more and to sign up click here Sir Richard Branson waves out the window of spacecraft VSS Unity before launching on July 11, 2021. Virgin Galactic Virgin Galactic founder Sir Richard Branson sold more of his ownership of the space tourism company this week, dumping another huge......

Stocks making the biggest moves midday: Virgin Galactic, Robinhood, Yelp, Novavax & more

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CNBC – For more and to sign up click here Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe......

Stocks making the biggest moves after hours: Beyond Meat, Virgin Galactic, TripAdvisor & more

CNBC
CNBC – For more and to sign up click here Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check......

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