tv Best of Bloomberg Technology Bloomberg December 27, 2021 5:00pm-5:31pm EST
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source of panic. if you are fully vaccinated you are highly protected. if you are unvaccinated, you are at a high risk. vonnie: medical advisers say the domestic travel vaccination rules should be considered. anthony fauci told msnbc it would be reasonable to consider. an outbreak presents one of the biggest challenges yet. authorities are saying that's a fourth round of mass testing. china is tightening up the rules
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on offshore listings by firms and sectors band from foreign investment. they will need to seek a waiver marion. ? [indiscernible] the nasdaq up 1.4%, philadelphia stock index up. the russell 2000 up 9/10 of 1% and the bloomberg dollar index, the higher weaker yen contributing one half of a percent of the u.s. dollar. investors are watching. trade numbers out of hong kong
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and malaysia. thursday will see south korea industrial production from thailand and india. contee more to come. this is bloomberg. ♪ >> from the heart of where ineffective -- innovation, power and combined, this is bloomberg technology with emily chang. emily: over the next 30 minutes, we're going to take you on a trip into space.
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a voyage called the experience of a lifetime. plus, jeff bezos launched himself on a supersonic joyride. ken, though elon musk did not take the trip himself, spacex became the first to launch an all civilian crew. we will hear from the commander of that mission. >> 3, 2, 1, release. ignition. good rocket motor burn. emily: this was the moment richard branson made history, becoming the first ever owner of a private space company to rocket into space. the space race dominated headlines, but was the
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culmination of decades of work. ed ludlow has more. ed: richard branson, astronaut at 8:35 a.m. local time, they took off carrying the unity to a height of around 50,000 feet. at that point, it released the unity, top speed of 2600 miles, took an upward arc above earth. they gave richard branson and his fellow crew members just a few minutes of weightlessness. they basically tried to prove what the experience would be like. >> congratulations to everybody.
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ed: it marks a big step. virgin galactic has been doing this for such a long time, got serious and 2004, faced a number of setbacks. it never proved to be the case. we knew that the test flight data whiskey, they handed it over to the f aa, they gave a license to charge customers for that experience. the data gathered from that launch showed it was a strong mission, that everything had gone to plan. now, the question turns to, when will we see that first customer paying commercial flight? could it be as soon as 2022? they are not taking new ticket sales. they have charged $250,000 to 600 people.
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there are questions whether this will cost more than that. what is for sure, it marks a big step for civilians and paying customers to be able to go into space. albeit for a few minutes. emily: and also caught up with richard branson shortly after he returned from his historic trip. >> i have been practicing for some time. once i have done those words, looking at those massive windows , then the spaceship was upside down, take in the earth from space. it was something i dreamt of since i was a kid. it was awesome.
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one of those dreams come true. i still think i'm going to wake up any minute. ed: you said the feeling of weightlessness is indescribable. >> it wasn't just floating, but looking at the other three beneath me, looking out through these gigantic windows at the stunningly beautiful earth. pristine sky. the strength of the blues and the blocks. we were in space. i have always pictured what it would be like, the right up there, the ride back, never realized it would be so vivid. woo!
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ed: what does today symbolize for the company and those children present earlier? >> for the children, we have got to get building as many spaceships as we can as fast as we can. one day those kids will have the chance to experience what i had. we also launched [indiscernible] $10 for a pair of tickets, if they win the raffle, they will go up. that money will hopefully enable people to go up who never could have dreamt of going to space. emily: richard branson with ed ludlow. coming up, just a week after branson's trip to space, bezos followed. i was the first journalists to speak with the amazon founder. that conversation is next. this is bloomberg. ♪
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other passengers made their own trip to space. it was blue origin's first crude spaceflight. we watched from texas. the crowds holding their breath, then cheering a safe return. i was the first to interview bezos on earth. welcome back to earth. how do you feel? oh my goodness, wow. this is your first interview since landing. we all want to know the reality of seeing the earth from above, did it live up to the dream? >> beyond -- i am not talented enough to describe this in words. it was much more than i expected, awe-inspiring. >> i don't have words. it was one of the most beautiful sites i have ever seen. emily: now that you are here, what is the next move? >> we are building an orbital
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vehicle. this vehicle is a sub-orbital tour vehicle. every time we fly it, it is practice for the orbital mission. it gives people a chance to see what we just saw which is this fragile, beautiful earth. until you see it with your own eyes, maybe would be better at describing it. it is this thing that -- it is just one place, there are no boundaries, no national lines. earth's atmosphere is so big, we live in it, it seems gigantic, when you get up there it's this little thing we need to protect. for me, it was incredible. >> i was surprised at how easy it was to move around in zero g. >> felt almost normal. it felt like we have evolved.
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emily: for the people on earth, talk to us about how you believe this will help benefit us here on earth? >> we are building infrastructure. we're building a road to space. we live on this beautiful planet, the most beautiful planet in the solar system by far, and we have to keep it safe and protected. the way to do that is to move all heavy and polluting industry into space. that is what we are going to do so we can keep this planet. we need reasonable spacecraft, low-cost spacecraft, to get that we have to practice. emily: we saw your kids were you on the ground. for the kids watching, how do you want this to inspire them? >> every kid has so much potential inside of them.
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i hope we are unlocking that. for kids everywhere, the way you unlock potential is with inspiration. i was inspired by a little boy -- as a little boy by the apollo astronauts. this is the next phase. i hope that inspires little kids. emily: jeff bezos and his brother. we also caught up with a former blue origin employee and current ceo of relativity space. here is what it was like for him to watch that flight. >> it was a pretty awesome moment. i started as an intern with blue origin. the whole company was only about 150 people at the time. because of the small size, i have kept in touch with jeff. it is amazing, not just to see
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blue origin fly, but virgin galactic. pretty huge milestones right next to each other. emily: what does this all mean? having worked here, understanding how jeff bezos things, when he landed he articulated this vision of building a road to space. building a space economy. what do you imagine the next move for blue origin? what is the next priority? >> definitely the new shepard program. i think jeff made a bold move to fly on the first flight, this has been in testing for a long time. they are developing -- it's quite huge. it's a heavy rocket they are launching from cape canaveral. that is going to be a huge
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milestone. to your point on vision, it's about millions of people living and working in space. moving heavy industry off planet earth. that is really what inspired me to start relativity, this idea that we need to build an industrial base on mars and other planets, and this is an important vision to go after. there is a lot of conversation that this is just billionaires launching into space. we do have to think about the future vision of humanity, what is this all about, and it's worthwhile to have a small fraction of their resources go into making this happen. emily: the key is reasonability. something that occurred to you, you are focused on 3d printing
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rockets. if you could achieve that, what would that pave the way for? >> i think 3d printing and -- relativity is designing a fully reusable 3d printed rocket. the first and second stage will all be reused. it's nearly complete. we are already building it. 3d printing is at the forefront of software manufacturing. i started the program out blue origin before i started relativity, and i think they are still doing amazing things. i saw the future being a tech space for aerospace.
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this would be the future of space. going from raw materials to rockets in less than 60 days is the target i have sent, and we are certainly going to achieve that. emily: if there is one thing we have learned about space is these milestones take a long time to head. this was a long journey for blue, and if you go back in space development history, we are going back decades. i'm curious if there were times where you thought, this is so hard, i don't know if we could pull it off. if you have those moments, working on such difficult technology were literally lives are at stake. >> for sure, it's hard and challenging.
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at blue origin, i always thought jeff and the team were going to get it done. i was confident about it. that is why i decided to work there. i hope they are celebrating really hard, because they put a lot of hard work into it. i think over the last couple of years, the pace of milestones in the rocket industry, satellites, private funding has accelerated extraordinarily to a pace not seen before. i think that will continue as long as people execute, just bringing that silicon valley you those into an airspace world where we test things, we try things out quickly. it's all about rate of learning, trying new ideas. you are seeing that payoff with the pace of innovation that's happening. emily: the ceo of relativity space, tim ellis. coming up, we explore elon
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at home base. >> people talk about looking back on earth from such an interesting vantage point, the impact it has on you. it had an impact to me, because we were a little bit higher. we went so high there is probably less than 25 people in the world to have seen that perspective. what i saw was the space around earth and the moon rise. while it may be think about was we need to get out there, we have to go farther, we have to satisfy their curiosity we have and explore the universe. we know so little about it and there are probably answers to questions. ed: the other mission -- ultimately, you pay for this mission. how do we move beyond that? how do we move beyond space
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being the domain of billionaires? >> for sure, it's expensive. we have to make sure every mission has a profound impact until costs come down to the point where everyone can explore. this is no different than test the roadsters 15 years ago versus the lonmin announcing $25,000 tesla recently, computers in the 1960's, cell phones the 1980's. costs will come down. while they are expensive, we have an obligation to do good with it. that is my inspiration set out on a massive fundraising effort forcing two, have an inspiring crew. ed: spacex were talking about how supply constrained they are. there is a backlog of paying customers. what sense to you get that this type of mission, civilian orbit will ramp up going into next year?
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>> what i think is going to happen is i think with spacex pioneering reusable rocket technology and driving down costs to make space more accessible is there will be more people working in space. i think working, exploring -- i don't know if you will have too many people going on sightseeing trips, but i do think as it costs less and less, we are going to be creating infrastructure in space, and people are going to be working there. during our mission, we had 14 people in orbit, the most in the history of human spaceflight. two years from now could be 140. ed: you guys were having a nice time up there. also conducting scientific experiments, study on the human body, physiology. where those tests real? do they give any real, meaningful data? >> for sure.
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nasa was listening in on all of our communication loops, there was a nasa high-altitude research plane filming us as we reentered. this was only the third time a dragon capsule has reenter the atmosphere since this program began, since the space shuttle retired. there is still an awful lot to learn. we were at an altitude subjecting us to radiation profiles we have not studied since the apollo program. way higher than the space station which is shield her from our atmosphere to some extent. we have a lot to learn. we have the equivalent of a chest ct scan on urban for three days. imagine going to mars for six months and back, hundreds of ct scans that will kill you. we were doing all sorts of research and science experiments, and the data is now with the labs. i am looking forward to the results. ed: i have to ask you about
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cryptocurrencies. the first digital minted nft in space, where do you stand on cryptocurrencies as currency transactions, things of that nature? >> we were happy to bring that kings of leon nft into orbit to help raise funds. in that respect, i am 100% a supporter. i think the blockchain is interesting. i think we are a ways away from crypto being a mainstream form of currency. i do not think we are there yet, it is too volatile. we are not ignoring it either. we are making investments to make sure consumers are able to do business with our merchants the way they like. that is probably going to be alternative payment methods like crypto in the future. ed: in one word, will you go
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vonnie: it's 5:30 p.m. in new york. goldman sachs is running to make covid vaccination booster shots compulsory as the firm stands by. anyone entering offices must get a booster shot if they are eligible. meanwhile, apple has closed 16 stores across near city because of rising cases. online orders are still allowed. deliberations continue in delayed maxwell sex trafficking trial as jurors
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