Investment firm Azoria postpones Tesla ETF after Musk plans political party
Investment firm Azoria Partners announced it would delay the launch of its Tesla ETF following Elon Musk's declaration of forming a new U.S. political...
SpaceX’s Starship rocket experienced an explosive failure minutes after liftoff on Thursday, with debris raining over parts of the Caribbean and prompting temporary air traffic halts in parts of Florida.
The incident marks the second consecutive failure for the company’s Mars rocket program this year.
The rocket, a 403-foot (123-meter) system central to Elon Musk’s plans for human missions to Mars, lifted off at approximately 6:30 p.m. ET from SpaceX’s Boca Chica launch facility in Texas. While the Super Heavy first stage booster returned to Earth as planned and was successfully recovered by a SpaceX crane, the upper stage—known as Starship—began spinning uncontrollably after its engines shut down. Shortly thereafter, telemetry was lost, and videos circulating on social media showed fiery debris streaking across the dusk skies near south Florida and the Bahamas.
SpaceX confirmed in a late statement that an "energetic event" in the aft section of Starship led to the loss of several engines, which in turn caused a loss of attitude control and communication with the spacecraft. “Final contact with Starship came approximately 9 minutes and 30 seconds after liftoff,” the company stated. SpaceX spokesperson Dan Huot commented on the live stream, “Unfortunately this happened last time too, so we've got some practice now.”
The Federal Aviation Administration (FAA) responded to the incident by issuing temporary ground stops at airports in Miami, Fort Lauderdale, Palm Beach, and Orlando, citing concerns over “space launch debris.” The agency has opened an investigation into the mishap and will require SpaceX to determine the cause of the failure and secure FAA approval before any further flights.
This eighth Starship test attempt follows an earlier failure in January, when the rocket exploded eight minutes into flight, resulting in debris over Caribbean islands and minor damage in the Turks and Caicos Islands. Despite the setbacks, SpaceX remains focused on refining the Starship system, which is intended to complete nearly a full orbit around Earth and execute a controlled re-entry over the Indian Ocean—a precursor to future land-based landing tests.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
U.S. manager Mauricio Pochettino is looking forward to his team's Gold Cup final against Mexico, viewing it as possibly their last opportunity to play under real pressure before the FIFA World Cup next year.
Japan is set to export six used Abukuma-class destroyers to the Philippines to strengthen its defense capabilities against China’s expanding maritime influence.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 6th of July, covering the latest developments you need to know.
Leaders of the expanding BRICS alliance are set to meet in Rio de Janeiro on Sunday, aiming to position the group as a champion of multilateralism and a counterbalance to traditional Western-led institutions.
Shanghai welcomed its first-ever Legoland resort, attracting visitors with a giant 26-meter Lego figure named Dada.
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