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."
Despite challenges like inflation, labor and product shortages, and the Omicron variant, holiday sales saw record levels of growth this year, according to a new report from Mastercard SpendingPulse. The group reports on national retail sales across all payment types, finding that holiday sales rose at the fastest pace in 17 years this year. Mastercard senior advisor and former chariman and CEO of Saks Incorporated Steve Sadove joined Cheddar News' Closing Bell to discuss.
Keith Fitz-Gerald, chief investment officer at Fitz-Gerald Group, spoke to Cheddar about the growing competition for Tesla's electric cars in China as tech giant Huawei enters the race. "There's a lot of legacy worry, but that does not discount the possibility that Elon might have a contender on his hands," he said about the sometimes troubled telecom company. Fitz-Gerald also gave a nod to two other local rivals, Nio and XPeng, noting the latter as having something of an edge with its CEO He Xiopeng being lauded by Chinese state media.
2021 was a wild ride for the world of cryptos. Both Bitcoin and Etherum hit new all-time highs, as well as other coins like SHIB-INU. According to several experts, crypto is here to stay and is expected to blast off in the year 2022 as more and more people invest in the crypto world. The host of "The O Show" Wendy O, joined Cheddar to discuss more.
Over the past year, the new love for gaming has created a huge demand for the consumption of content on streaming platforms. All this has caused a rise in gaming influencers all over the world. Founder of Viral Nation Joe Gagliese and Digital Video Executive Andrew Wall, joined Cheddar to discuss more.
