We have liftoff!
SpaceX successfully launched its Falcon Heavy rocket on Tuesday afternoon, ending years of anticipation and a couple hours of last-minute delays.
John Timmer, science editor at Ars Technica, explains why this historic launch is such “an amazing achievement.”
“Traditionally, these huge launch vehicles have been the domain of governments,” Timmer told Cheddar, referring to the U.S. and Russian space programs.
This marks the first time a private company has ever developed a rocket like this.
The launch puts the Elon Musk-led company ahead of Blue Origin, run by Amazon CEO Jeff Bezos. Timmer says that company plans its own high-power rocket launch but is still a few years away.
And Roscosmos, the Russian space program, also tried to launch a rocket with many small engines but “failed spectacularly,” a stark contrast to the Falcon Heavy, which was propelled by 27 engines.
“SpaceX, between current computer control systems and their careful manufacturing, has apparently solved the problem necessary to send something into orbit with that many engines,” Timmer said.
The Falcon Heavy launched from Kennedy Space Center at 3:45 pm ET on Tuesday. Musk added some showmanship to the event, by including his own Tesla roadster as the payload. By the end of the day the roadster was on a trajectory that is planned to put it in a long elliptical orbit around Mars.
For full interview, [click here](https://cheddar.com/videos/despite-doubts-falcon-heavy-has-a-successful-launch).
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!
