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SpaceX behind secretive $1.8 billion Space Coast investment; wants Starship launch by end of year

SpaceX behind secretive $1.8 billion Space Coast investment; wants Starship launch by end of year

SpaceX announced Monday its plans to launch Starship from Kennedy Space Center later this year while building out more $1.8 billion in infrastructure in Florida to support two launch sites.

“SpaceX was founded with the ultimate mission of making humanity multiplanetary, and Starship is the vehicle that will enable us to become a spacefaring civilization,” said Kiko Dontchev, SpaceX’s vice president of launch. “Through this significant expansion of Starship production and launch capabilities in Florida, we’re taking a big step toward achieving this goal, and we are grateful to our partners across the state for their ongoing support.”

Previously dubbed “Project Hinton” by Space Florida, the massive investment is projected to bring 600 jobs with average wages of $93,000 a year to the region by 2030.

The news counters several rounds of bad space-related employment news in recent months including layoffs at Boeing and Blue Origin coupled with workforce reductions at NASA under President Trump’s purge of federal government agencies. read more

Prices rose along border ahead of Trump’s tariffs — now disruption looms

Prices rose along border ahead of Trump’s tariffs — now disruption looms

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

By DIDI TANG and MICHELLE L. PRICE

WASHINGTON (AP) — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced.

SpaceX scrubs Monday Starship launch attempt 2 months after explosive test flight

SpaceX scrubs Monday Starship launch attempt 2 months after explosive test flight

The last time SpaceX launched its Starship and Super Heavy rocket, the upper stage disintegrated spectacularly over the Atlantic. Two months later, SpaceX is set to try again today with less explosive results.

A Monday attempt, though, was scrubbed, but the company could try as soon as Tuesday.

The Jan. 16 launch saw a successful catch of the Super Heavy booster back at the Texas launch site, but the Starship spacecraft blew up after passing over the Gulf of Mexico with scenes of the streaking debris posted to social media from places like the Turks & Caicos.

The event grounded the in-development rocket, but the Federal Aviation Administration cleared it to launch again as of Feb. 26. read more

Dow drops nearly 650 points on worries that Trump’s latest tariffs will slow the economy more

Dow drops nearly 650 points on worries that Trump’s latest tariffs will slow the economy more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours.