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World’s richest man blasts off into new era for space tourism

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What do a fireman, an 82-year old and a teenage tourist all have in common? They’ve just blasted off into space with the world’s richest man

Just minutes ago, Amazon founder and billionaire Jeff Bezos blasted into space. If successful, the historic spaceflight will be the first time ever that humans will go to space without anyone flying the ship.

The New Shepard spacecraft is entirely automated, in what Bezos will hope be a turning point for the future of space tourism.

“We’ve been training. This vehicle’s ready, this crew is ready, this team is amazing. We just feel really good about it,” said Bezos.

The future of space tourism

Not only will the flight be a momentous occasion for Amazon’s billionaire, but also for the future of space tourism.

Unlike traditional spacecraft, these rockets can be used more than just the one time.

Similar to rival billionaire Richard Branson’s Virgin Galactic and Elon Musk’s Space-X, sustainability is at the core of Blue Origin.

Bezos fulfils a childhood dream

Bezos has been dreaming of going to space for his whole life.

“To see the Earth from space, it changes you. It changes your relationship with this planet, with humanity,” he said.

“I’m excited. People keep asking me if I’m nervous. I’m not really nervous, I’m curious. I want to know what we’re going to learn.”

Jeff Bezos, founder of amazon

Where can you watch the Blue Origin launch?

The New Shepard launch will be live-streamed from 9:30 pm AEST on the Blue Origin website, with the launch (weather permitting) planned for 11 pm.

Who will be onboard The New Shepard?

This space flight won’t be manned by your usual astronauts.

In fact, the crew includes a female trailblazer pilot, who also happens to be the oldest person to ever go to space.

Wally Funk was one of the 13 female pilots who trained to go to space in the 60s’. She missed the chance back then because she’s a woman.

“It’s going to happen! I’ve waited a long time and I’ve dreamed a long time to get to go up.”

Wally Funk

Oliver Daemen also happens to be the son of Joes Daemen. Joes in the founder & CEO of Netherlands-based private equity firm Somerset Capital Partners.

Also aboard will be the youngest person to ever go to space, a teenager from Denmark. He nabbed the spot largely by luck – an anonymous buyer originally had the spot.

The buyer, who paid $28M for the spot, opted out of the flight due to a “scheduling conflict”.

Of course, billionaire Jeff Bezos will also be joining them, and he’s bringing his little brother Mark along for the ride too. When he’s down in earth, Mark is usually a firefighter.

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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SpaceX satellites’ reentries raise atmospheric damage concerns

Growing alarm as SpaceX satellites plunge daily, risking atmospheric damage and raising safety concerns among experts

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Growing alarm as SpaceX satellites plunge daily, risking atmospheric damage and raising safety concerns among experts

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In Short:
– SpaceX’s Starlink satellites are reentering daily, raising concerns over potential atmospheric damage and increased debris.
– Aluminium oxide particles from these satellites may harm the ozone layer and affect atmospheric dynamics by 2040.
SpaceX’s Starlink satellites are reentering the atmosphere daily, igniting concern among scientists about possible atmospheric damage. Up to four satellites are now falling back each day, and this number may increase as the constellation expands.
The rapid growth from earlier figures reflects the sheer scale of the satellite network, which currently includes over 6,000 active satellites.Banner

Satellite reentry could release aluminum oxide particles, posing risks to the ozone layer. Studies indicate that atmospheric aluminum oxide levels have surged significantly in recent years, with projections suggesting further increases if current deorbiting continues.

These particles persist in the atmosphere, raising concerns among researchers about their impacts.

Environmental Impact

Concerns extend to the presence of metals from the satellites. Research indicates that spacecraft metals now constitute a substantial portion of stratospheric sulfuric acid particles. By 2040, the volume of satellite debris may equal natural meteor dust, which could affect atmospheric dynamics.

Regulatory challenges are also in focus as claims of complete satellite disintegration upon reentry are questioned.

There have been instances of debris landing on Earth, which contradicts SpaceX’s assurances. A Federal Aviation Administration report predicted that the risk from reentering debris could significantly increase in the coming years, highlighting a need for improved monitoring and regulatory frameworks in the expanding space sector.


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SpaceX to launch final Block 2 Starship soon

SpaceX set for final Block 2 Starship launch on October 13, testing booster reusability and new heat shield advancements

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SpaceX set for final Block 2 Starship launch on October 13, testing booster reusability and new heat shield advancements

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In Short:
– SpaceX will launch its advanced Starship test flight on October 13 from Starbase in Texas.
– The flight marks the first reuse of a Super Heavy booster and includes significant heat shield upgrades.
SpaceX plans to launch its advanced Starship test flight on Monday, October 13, at 6:15 p.m. CT from its Starbase facility in South Texas.
This 11th integrated flight marks the final mission for the Block 2 configuration before transitioning to the more powerful Block 3 variant.Banner

Flight 11 is historical as it will reuse a Super Heavy booster for the first time. Booster 15 will embark on its second flight, having previously completed Flight 8 in March. The booster is equipped with 24 flight-proven Raptor engines to showcase SpaceX’s rapid reusability focus.

Instead of a tower catch, Booster 15 will perform landing tests over the Gulf of Mexico. These data-gathering exercises, which evaluate various descent angles, are vital for future missions and enhance fuel efficiency. They also inform the design of Block 3 boosters, which will be reinforced for steeper descents.

Heat Shield

Significant heat shield upgrades have been made for Flight 11 following issues exposed during the last flight’s reentry. A new “crunch wrap” technique ensures tile security and edge protection. Executive Bill Gerstenmaier detailed that tiles will be mechanically held by a robot, enhancing reliability.

The heat shield is crucial for achieving full rocket reusability, which is essential for future missions to Mars.

SpaceX targets its first uncrewed Mars missions as early as 2026, contingent upon successful technological developments.

SpaceX conducts this flight under a $2.89 billion NASA contract for the Artemis program’s Human Landing System. NASA aims to utilize Starship for lunar missions, tentatively planned for 2027. Live coverage of the mission will commence 30 minutes before liftoff on SpaceX’s platforms.


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Global space investment reaches record $3.5 billion

Global space investment reaches record $3.5 billion in Q3 2025, nearly doubling from last year due to market diversification

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Global space investment reaches record $3.5 billion in Q3 2025, nearly doubling from last year due to market diversification

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In Short:
– Global space investment reached $3.5 billion in Q3 2025, nearly twice last year’s figure.
– Increased government spending and diverse startups are driving growth in the space sector.
Global space investment reached an unprecedented $3.5 billion in the third quarter of 2025, nearly double from $1.79 billion during the same period last year, as per a report by Seraphim Space.
The dramatic increase highlights a more diverse funding landscape where investments are distributed among a wider array of startups.”Historically, most of the capital in the sector was concentrated in just a couple of players, SpaceX and OneWeb,” stated Lucas Bishop, an investment associate at Seraphim Space.

“Now, we see a far more diverse set of investable companies, indicating space has evolved into a broader market.”

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The substantial growth in space investment is largely driven by heightened government spending to support domestic space initiatives in the United States, China, and Europe.

Defence expenditure has become the leading investment catalyst, with the U.S. Space Force projected to receive $40 billion for fiscal year 2026.

Major Funding

China’s Galactic Energy secured the largest funding round, attracting $336 million in September for its Pallas series of reusable launchers.

In the U.S., defence technology firms such as Hadrian, Apex, and Hermeus were at the forefront of major investments.

Public space enterprises have also witnessed significant growth, with Rocket Lab and Planet Labs more than doubling in value.

AST SpaceMobile’s stock surged 306% in 2025, boosted by partnerships with major telecom operators like Verizon and AT&T.

Momentum is expected to persist into 2026 as satellite networks expand, and government procurement increases, paving the way for dual-use technologies in civilian and defence sectors.


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