Federal Aviation Administration approves SpaceX Starship 5 flight

Federal Aviation Administration approves SpaceX Starship 5 flight


The Federal Aviation Administration approved a license on Saturday for the launch of SpaceX’s Starship 5 set for as early as Sunday.

Reuters first reported earlier this week the faster than expected timetable after the FAA in September had said it did not expect a determination on a license before late November.

The FAA said on Saturday SpaceX has “met all safety, environmental and other licensing requirements for the suborbital test flight” for the fifth test of the Starship and has also approved the Starship 6 mission profile.

Don’t miss these insights from CNBC PRO



Source

Stocks making the biggest moves midday: Ford Motor, Alphabet, Alaska Air, Coinbase, Boston Beer and more
World

Stocks making the biggest moves midday: Ford Motor, Alphabet, Alaska Air, Coinbase, Boston Beer and more

Check out the companies making headlines in midday trading. Ford Motor — The Detroit automaker surged 10.7% following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Alphabet — […]

Read More
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
World

Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows

Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that is the only official economic data allowed to be released during the government shutdown. The consumer price index showed a 0.3% increase on the month, putting the annual […]

Read More
What a cut in Reliance’s Russian crude purchases would mean for India
World

What a cut in Reliance’s Russian crude purchases would mean for India

The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021. Bloomberg | Bloomberg | Getty Images India’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil. Reliance has become a major buyer […]

Read More