Kam Ghaffarian sets his sights on the stars with space companies

Jeff Bezos wants to build permanent outposts on the moon and colonize space. Richard Branson wants to make spaceflight as commonplace as air travel. Elon Musk wants to settle Mars to make humanity multiplanetary. IBX’s Kam Ghaffarian wants to go even further: the stars. “There’s this common denominator of combining altruism, to do something purposeful … Read more

Boeing takes backup role in flying NASA astronauts

Boeing’s crew transportation vehicle drives across NASA’s Kennedy Space Center carrying astronauts Suni Williams and Barry Wilmore during a prelaunch simulation on Jan. 31, 2024. Amber Jean Notvest / NASA CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and … Read more

What to make of SpaceX selling satellite lasers

A rendering of the company’s laser communications system on satellites in orbit. Mynaric CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Sign … Read more

Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Intuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has “sufficient capital for the near term.” The lunar company revealed that its cash balance at the end of the year … Read more

How Columbia’s fabric tech landed on the moon

Columbia Sportswear EVP Joe Boyle shows a vest with the company’s “Omni-Heat Infinity” thermal liner in front of a mock-up of Intuitive Machines’ Nova-C lander. CNBC CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, … Read more

First images from Intuitive Machines’ Odysseus

Intuitive Machines CEO Steve Altemus explains how the company’s IM-1 lander tipped over on the moon’s surfacing during a NASA press conference on Feb. 22, 2023. NASA TV Intuitive Machines’ cargo lander, Odysseus, returned its first images from the moon’s surface over the weekend, as the spacecraft settles in to its lunar destination. The company’s … Read more

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Markets positive Wall Street … Read more

5 things to know before the stock market opens Friday

Here are the most important news items that investors need to start their trading day: 1. Rocketing to records 2. To the moon As the new space race rolls on, Thursday brought another historic moment to the final frontier. Intuitive Machines became the first company to land on the moon when its IM-1 mission touched … Read more

Intuitive Machines stock (LUNR) jumps after Odysseus moon landing

Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines surged in premarket trading on Friday after the company’s successful first moon landing. Intuitive Machines’ cargo moon lander, “Odysseus,” became the first privately developed spacecraft to land on the lunar surface on Thursday – as well as … Read more

The U.S. economy seems to be holding up

People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more