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.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
