Elon Musk says SpaceX will again attempt to launch its Starhopper prototype rocket around 5 p.m. ET today, 24 hours after engineers were forced to scrub the launch with one second remaining on the countdown clock.
Musk tweeted that the launch had to be aborted over a wiring problem with Starhopper's igniters on its Raptor engine. In response to a question from a journalist, he called the issue "embarrassing."
Starhopper is SpaceX's precursor to its Starship rocket, which Musk has said will one day carry humans to Mars. The squat, metallic prototype rocket completed its first "untethered" flight earlier this summer when it successfully lifted off and hovered about 65 feet off the ground. This next test, if and when it is successful, will launch Starhopper 500 feet into the air, at which point it will attempt to make a three-point landing on the launchpad at the SpaceX facility in South Texas.
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.
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!