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Virgin Galactic gets clearance to fly you to space

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You can soon buy a ticket to leave planet earth

Virgin Galactic has been Cleared by FAA to Fly Customers Into Space.

The Federal Aviation Administration upgraded the company’s existing license to cover customer flights.

This regulatory approval is moving the budding industry founded by billionaires one step closer to reality.

Virgin Galactic said the approval was the first of its kind also confirming that a May 22 test flight performed well against objectives.

“We have conducted a comprehensive assessment of data obtained from its May 22 test flight and confirmed that the flight operated successfully against all flying goals,”

Virgin added.

The approval marks another milestone for an industry that not long ago was the stuff of science fiction.

Virgin Galactic was founded by entrepreneur Richard Branson and the company has been working toward its goal since 2004.

Fellow billionaire Jeff Bezos plans his first trip in July, after auctioning a passenger seat for $28 million.

Stocks soar to the sky

The increase in SPCE stock today is accelerating the uptrend that began in late May of this year, when the price action effectively broke a steep falling wedge, culminating in a surge to $41.5.

Since then, the price action has left two bullish gaps, indicating increased interest from retail traders on the popular Reddit messaging board WallStreetBets and the market’s apparent positive sentiment toward Virgin amid the possibility of the company becoming the first to fly customers into space.

For the time being, the upward momentum in the company may allow SPCE stock to approach, if not exceed, its all-time high of $62.5 per share, fuelled by investors’ aspirations and fantasies of space flight.

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Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

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Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.


The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

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Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.


Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews


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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

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Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.


Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews


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