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Meet the youngest and oldest people to ever fly to space

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The youngest person – and oldest – will fly to space with Jeff Bezos

Blue Origin’s anonymous winning bidder that put down 28 million dollars can’t make the trip, instead, 18-year-old Oliver Daemen will fly into space with the Amazon founder.

Joining the trip will also be fellow passengers is 82-year-old Wally Funk, who’ll be the oldest person to make the trip.

The flight is still scheduled for July 20th

The auction winner still wants to remain anonymous, but will take a later Blue Origin trip due to “scheduling conflicts.”

It’s not clear how much Daemen paid for the trip, but it’s likely no small amount. The 18-year-old’s father is the CEO of hedge fund Somerset Capital Partners.

While Oliver’s father probably didn’t have to pay the $28 million from the auction, the final price was likely enough to keep other wealthy customers at bay.

18 year-old Oliver Daemen

Space race is on

Earlier this week Sir Richard Branson also blasted into space.

In his boldest adventure yet, the 70 year old Richard Branson took off for the first stage of the flight.

On the ground, about 500 people watched on, including Richard Branson’s wife, children and grandchildren.

On board were his five crewmates from his Virgin Galactic space tourism company.

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Money

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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Money

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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