Enthusiasm has waned among space flight and Elon Musk fans as the FAA dismissed plans by Musk’s SpaceX for the first flight of its giant two-stage Starship rocket, Investor’s Business Daily’s Brian Deagon reports. Though Musk had previoudly indicated that the launch might occur this week, the FAA’s Office of Commercial Space Transportation shot down the launch plan for the fourth time, the author says, noting the agency still has yet to complete an environmental review. The Fly notes that shares of rival Virgin Galactic (SPCE) are up over 5% in afternoon trading. Reference Link
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SPCE:
