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Look inside Firefly Space as rocket builder prepares for second launch

Firefly, a space company, is gearing up for its second orbital launch of the Alpha rocket. The venture hopes to establish the foundation of the business. CNBC spoke with Tom Markusic Firefly CEO, who stated that Firefly intends to be SpaceX’s next company. CNBC recently got an exclusive look inside the company’s manufacturing and testing […]

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Terran Orbital going public via SPAC at $1.8 billion valuation

Terran Orbital, small satellite manufacturer and operator is set for public listing. It’s the latest of a host of SPAC-related merger announcements this year. Terran merges with Special Purpose Acquisition Company Tailwind Two Acquisition Corp.SPAC, which trades under ticker TWNT. Terran will receive a valuation of $1.8 billion and the deal is expected to close […]

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Ulta, ProShares Bitcoin Strategy ETF, ChargePoint and more

Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies making headlines in midday trading. Ulta — Shares of the cosmetics store dropped more than 5% after the company released […]

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Disney, State Street, Occidental and more

The Magic Kingdom Park at Walt Disney World Resort hosts a stunning fireworks show on July 1, 2021 in Lake Buena Vista. This is. China News Service | China News Service | Getty Images Take a look at the top midday traders. Occidental Petroleum — Shares of the energy company gained 5.7% after Truist upgraded […]

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Branson’s Virgin Galactic trails Bezos’ Blue Origin in space tourism, while Musk’s SpaceX is in a league of its own

Richard Branson, Jeff Bezos, Elon Musk Getty Images Paul Hennessy SOPA Images| Reuters; Joe Raedle | Getty Images; Paul Hennessy | SOPA Images | Getty Images Private space tourism has seen a boom in 2021, and this week was especially important for ventures that were founded by. Jeff BezosAnd Sir Richard Branson Blue Origin was […]

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Virgin Galactic stock SPCE plunges after delays to spaceflights

Virgin Galactic pilots make their way to SpaceShipTwo Unity spacecraft attached to the Jet Carrier Eve. Virgin Galactic Virgin GalacticStocks plunged after the company announced that it will delay spaceflights until next year while it repairs its aircraft. Virgin Galactic had hoped to launch its next spaceflight by September. However, Virgin Galactic changed their plans […]