Connect with us

Hi, what are you looking for?

Stock

Trump plans to watch SpaceX launch in Texas, source says

By Steve Holland and Joey Roulette

WEST PALM BEACH, Florida (Reuters) – U.S. President-elect Donald Trump is heading to Texas on Tuesday to attend a SpaceX rocket launch in person in a sign of his close ties with the company’s billionaire founder and CEO Elon Musk.

A source familiar with the trip confirmed Trump’s plans after the Federal Aviation Administration on Monday issued temporary flight restrictions for “VIP Movement” over Brownsville, Texas, a practice that usually precedes a high-profile visit.

Flight restrictions in place over Trump’s oceanfront property in Palm Beach, Florida, will be lifted temporarily during the same timeframe.

The Trump transition team did not respond to a request for comment about the president-elect’s plans.

A close friendship has developed between Trump and Musk, the Tesla (NASDAQ:TSLA) CEO and world’s richest man, who founded SpaceX in 2002. Musk has emerged as a close adviser to Trump and has stayed a lengthy stretch at his Mar-a-Lago club in Palm Beach.

The launch will be SpaceX’s sixth test flight to space for Starship, the company’s next-generation rocket system at the center of Musk’s goal to send humans and cargo to Mars.

NASA plans to use Starship to land people on the moon this decade under its Artemis program, an effort that is expected to more heavily involve Mars missions and favor SpaceX and Musk’s cosmic plans under Trump.

Using large arms attached to a launch tower, SpaceX will again try to catch Starship’s 233 foot (71 metres)-tall first stage “Super Heavy” booster roughly 10 minutes after it lifts off, a novel reusability technique that intrigued Trump the first time SpaceX tried it in October.

This post appeared first on investing.com






    You May Also Like

    Editor's Pick

    Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

    Latest News

    A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea...

    Economy

    A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

    Investing

    Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 balanceandcharge.com