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Successful SpaceX flight fuelling tensions between billionaires space race

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The successful test flight of Elon Musk’s SpaceX starship is a major milestone for private space exploration.

But tensions continue to fuel with Amazon CEO Jeff Bezos, as his rival company Blue origin battles to send people to the moon too.

After 4 failed attempts that even ended in explosions… Elon Musk’s SpaceX has finally landed its futuristic starship

The Tesla CEO wants to land astronauts on the moon and send people to Mars.

This is a huge step in the program… to successfully launch a test flight of the mars rocket prototype.

The rocket launched and flew about 6 miles above Earth, then re-lit its engines and landed the SN15 prototype on the landing pad

A fire at the base of the 50-metre rocket was quickly extinguished and the rocket remained standing after the six-minute flight.

NASA chose the SpaceX Starship to deliver astronauts to the moon in the next few years.

An artist’s illustration of SpaceX’s Starship on the moon. 

The 3 billion dollar contract was halted last week after Jeff Bezo’s company – blue origin protested it.

BATTLE OF THE BILLIONAIRES

The Amazon CEO announced Blue Origin will launch its new Sheppard rocket and capsule in July

The interior of the New Shepard crew capsule, which will carry people for the first time on a July 20 launch

The Sheppard’s flights are “sub-orbital” meaning they will take passengers on a short trip into space and back down to earth.

The company says “only 569 people have ever been over the so-called Kármán Line in space… and it wants to change this and change it dramatically”

SpaceX also plans to launch people into space by Autumn this year. 

So the battle between the billionaires to turn their rockets to riches continues on… until the winner is crowned within the next one or two years.

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Money

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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