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

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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.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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