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Digital Daily Download

February 01, 2021

Big Tech Update

This is how SpaceX violated its launch license

SpaceX's future launches are getting lots of extra scrutiny thanks to the explosive ending to the Starship 8 test launch back in December. 


As it turns out, SpaceX's high-altitude launch of the Starship prototype in December 2020 violated the company's launch license and the Federal Aviation Administration (FAA) wasn't too happy about it. Due to the violation, and the Starship's explosion upon landing, the FAA launched a full investigation of the botched test flight. 


The investigation isn't the only thing SpaceX has to sweat from the FAA. Sources close to the investigation indicate that SpaceX was cited for refusing to adhere to the terms agreed upon and authorized by the FAA, though the sources did not indicate exactly what terms were broken. 


What else do we know about the FAA's scrutiny of SpaceX and what does this mean for future launches?

The SpaceX Starship on the launch pad

Image source: Loren Elliott / Getty Images / The Verge

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Right on the cusp of mass acceptance by mainstream users.

 

But two unrelated events are about to make select cryptos household names… and… shower investors with untold fortunes.

 

Due to these events more people will flock to cryptocurrencies than ever before and leave fiat money (like the dollar) in the dust.

 

In fact, Business Insider says, "As many as 36% of institutional investors in the US and Europe own crypto assets."

 

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Thanks for reading today and be sure to stay tuned for our next edition.


Until Next Time,


This has been John Denton

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