Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

‘Moving the goalposts’: Tensions between the world’s richest men racing to the moon

Published

on

Tensions between the world’s richest men racing to space is fuelling up.

NASA is accused of “moving the goalposts” in its favour towards Elon Musk’s SpaceX, after a protest from Blue Origin owned by Amazon CEO Jeff Bezos’

Bezos and Musk 

SpaceX was selected by NASA for its program to send people to the moon and handed $2.9 billion to develop its starship.

Originally in 2020, NASA selected three companies to compete for the contract – SpaceX, Alabama defense contractor Dynetics, and Blue Origin.

Blue Origin says NASA should have chosen more than one contract and is endangering America’s return to the moon.

“NASA has executed a flawed acquisition for the Human Landing System program and moved the goalposts at the last minute,”

  Blue origin said in a statement

“Their decision eliminates opportunities for competition, significantly narrows the supply base, and not only delays, but also endangers America’s return to the Moon.”

NASA has said that future contracts to the Moon beyond this initial mission could be competed by other companies.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

ASX positioned for strong start after positive stock rebound

Published

on

The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

Continue Reading

Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

on

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Continue Reading

Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

Published

on

Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

Continue Reading

Trending Now