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).
A new report said the private sector added 103,000 jobs in November while refinance applications climb as mortgage rates dip. Plus, the FTC is once again looking to block the Microsoft-Activision deal and McDonald's is looking to buy 10,000 new locations by 2027.
Fans of the Grand Theft Auto series got a glimpse of the latest release that's not due out until 2025. The trailer was officially released after a leak on the 'X' platform, giving an idea to industry experts of the massive effect GTA will have on the gaming sector. Cheddar News senior reporter Michelle Castillo breaks it all down.
Tax season is around the corner as soon as we conclude the holiday festivities. Mark Steber, chief tax information officer with Jackson Hewitt, joined Cheddar News to discuss some tax changes that people should be aware of and what to expect during next year's tax filing season.