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US says Jeff Bezos and Sir Richard Branson aren’t astronauts

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The US has tightened its definition of the word “astronaut”, and it doesn’t include billionaire space explorers

The US’ New Federal Aviation Administration (FAA) has updated its rules to be an astronaut you must be part of a flight crew and make contributions to space flight safety.

This means that officially, billionaire space travellers like Jeff Bezos and Sir Richard Branson may not actually be astronauts despite their trips beyond earth.

The changes come as the first amendment to the FAA Wings programme since it began in 2004. The FAA announced the updates on Tuesday, the same day that Bezos went to the edge of space aboard a Blue Origin rocket.

How does a billionaire become an astronaut?

In order to qualify as a ‘commercial astronaut’, you must travel 80km above the Earth’s surface – a feat which Branson and Bezos both successfully accomplished.

However, the FAA also says that to be considered an astronaut, space-travellers must also have “demonstrated activities during flight that were essential to public safety, or contributed to human space flight safety”.

For the FAA to award a space-traveller their ‘commercial wings’ as an astronaut, they also need someone to nominate them for the position. Americans can also become an astronaut through the US military or NASA.

The FAA says that the changes better align the Wings Scheme with its role in protecting public safety during commercial space flights.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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