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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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Oscar winner Robert Duvall dies aged 95 leaving a towering legacy

Oscar-winning actor Robert Duvall, 95, dies, leaving a legacy that shaped modern cinema with iconic roles.

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Oscar-winning actor Robert Duvall, 95, dies, leaving a legacy that shaped modern cinema with iconic roles.

Oscar-winning actor Robert Duvall has died at the age of 95, marking the end of an era for one of Hollywood’s most respected performers. Best known for his role as Tom Hagen in The Godfather, Duvall built a career defined by power, restraint and authenticity on screen.

From early theatre work to standout performances in To Kill A Mockingbird and Apocalypse Now, Duvall became one of the most versatile actors of his generation. He later won the Academy Award for Tender Mercies, cementing his place among cinema’s elite.

Beyond acting, Duvall was also an accomplished director and musician, earning admiration for his dedication to craft and character. His legacy leaves an indelible mark on American film history.


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Iran nuclear talks resume as U.S. boosts military presence

Iran’s foreign minister meets IAEA chief amid nuclear talks with the US, as tensions rise with military movements in the region.

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Iran’s foreign minister meets IAEA chief amid nuclear talks with the US, as tensions rise with military movements in the region.

Iran’s foreign minister has met with the head of the International Atomic Energy Agency ahead of renewed talks between Washington and Tehran, signalling a fresh diplomatic push to resolve the long-running nuclear dispute. The discussions centre on Iran’s nuclear programme, which the U.S. and its allies fear could pave the way for weapons development.

Tehran insists it will only scale back nuclear activities if sanctions are lifted, while U.S. Secretary of State Marco Rubio admits negotiations remain challenging.

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AI fears rattle global markets and investors

AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.

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AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.

Global stock markets are experiencing heightened volatility as concerns about AI disruption sweep across industries. Investors are closely monitoring which sectors could be most affected as the technology continues to evolve.

Recent announcements from major US AI companies sent waves through international markets, highlighting the interconnected nature of global finance and technology. European software giants such as Dassault Systèmes and RELX saw significant declines, underscoring the global reach of AI developments.

UBS analysts warn that the impact of AI disruption could intensify in 2026 and 2027, with potential ramifications for a wide range of sectors.


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