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Stock impact report

How space tourism and rockets to Mars became 'critical' business [CNNMoney.com]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: CNNMoney.com
How space tourism and rockets to Mars became 'critical' business during the pandemic New York (CNN Business) Vacant office buildings, factories and restaurants across the country serve as ghostly reminders of an economy shuttered by the Covid-19 pandemic. But the US space industry has remained open for business. SpaceX, for example, continues to build and test early prototypes of its Starship spacecraft, which CEO Elon Musk has long billed as the vehicle that will one day carry the first humans to Mars. And the company continues to launch batches of satellites into orbit as part of its plan to debut a multibillion-dollar telecom business later this year. Factories belonging to Blue Origin and Virgin Galactic ( SPCE ) — both of which are developing rocket-powered vehicles designed to send wealthy tourists to the edge of space — also remain open for workers. And some startups, such as Firefly and Relativity, are still working to design rockets that might not be ready to fly fo Show less Read more
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