SpaceX is planning to launch its Falcon Heavy rocket Tuesday. CEO Elon Musk tweeted Sunday night it "remains go." If it is successful it will be the biggest, and most powerful rocket to go into space over thirty years. Phil Plait, author of The Bad Astronomy blog, explains challenges facing Tuesday's lift-off.
"This is the most powerful rocket that will have been launched since the Saturn 5," says Plait. "In this case we are having a new generation of rocket that will be able to hopefully take people to Mars."
Tesla's roadster will be in the cargo when this rocket goes to space, along with what Elon Musk is describing as a Starman pressure suit. "It's a publicity stunt," says Plait. "You need to launch something in there. There's got to be some mass in there to test the rocket, and he chose this for sentimental reasons."
Tesla reported record profits for an electric fourth quarter, but investors still have plenty of questions. The EV giant will not be releasing any new vehicles this year and provided no updates on its Cybertruck. Cheddar News was joined by Ed Butowsky, Chapwood Investments Managing Partner to go over Tesla's quarter and analyze its concerns going forward.
Julius De Kempenaer, Senior Technical Analyst at Stockcharts.com, joined Cheddar News to break down what led to Apple's massive quarter, and what the future may hold for the tech giant as competition with Microsoft ramps up.
NFT art platform TRLab recently raised $4.2 million in funding. TRLab launched just last year but says its platform focused on NFT curation and distribution is growing quickly. The company hopes to bridge traditional and digital art worlds and help artists explore NFTs as an emerging medium. TRLab co-founder and chairwoman Xin Li-Cohen and co-founder and CEO Audrey Ou joined Cheddar News' Closing Bell to discuss.
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
