welcome to on the money. it was one giant step 50 years ago but what's the next step for space? how private companies are investing. >> why it matters. one of the winners in the china trade war was a company america wasn't too familiar in the past. what is a roth 401(k), and should you have one? and eat your veggies, eat your ice cream, how you can do both at once, and no, we are not kidding. on the money starts right now. >> announcer: this is on the

money, your money, your life, your future. now becky quick. >> we begin with space travel. the weekendmarks 50 years sinc man walked on the moon now half a century later there's a push to explore the final prfrontier there is a lot of private enterprise working on the race to space. >> 50 years ago -- >> the eagle has landed. >> -- the first humans stepped foot on the moon the apollo 11 mission, cinched america's dominance in space companies like spacex using rockets to go into orbit >> now has come the time for us to make the next giant leap and

return american astronauts to the moon. >> nasa's new program is artemis. it would send americans back in five years, a fete that can only be achieved with the private sector we're in an entrepreneurial space race. >> we've gone to 476 companies today, they've raised 22 billion of equity capital. >> one startup, astro bottic. >> it's a railroad to the moon. >> it builds robotic landers, it has almost $100 million in contracts, including nasa. >> we offer nasa an opportunity to fly payloads to the surface of the moon. that's going to open the doors wide open to scientists and explorers and developers all over the country and the world

to begin to understand the moon in much better ways. >> it's just one example companies are focussing on everything from rockets to moon mining to has been at a times. blue origin has spent the last several years developing its own lander, blue moon. another example, t lunar gate y gateway. >> the purpose of that is for nasa to launch exploration missions from there and support exploration of the moon and other locations. >> it will take up to $40 billion according to nasa. but it isn't a matter of whether space goes main street but of when. >> i want to some day go into a school and say i'm steve i'm an astronaut and kids to say big deal there's a million of those.

>> and this is just one piece of what morgan stanley could top $120 trillion by 2040. from broad band to 3d printing to tourism, something we'll find out about later this year. >> morgan, thank you in the 50 years since the 1969 apollo 11 moon landing it continues to inspire generations of new astronauts. one of them joins us now joe, thank you, good to see you. >> good morning, becky, it's great to be here. >> you were 2 years old during the apollo 11 mission. how did you learn about nasa and the moon. >> you gave away my age, but i was just a couple years old when it happened. so obviously i didn't remember that when i was probably about five

my grandfather would show me the old reel-to-reel film of the apollo missions and as a 5-year-old, i didn't know if that was real or not that was the first time i was introduced to that incredible fete and that's where the seed was planted to be an astronaut today. >> it cost $177 billion in terms of today's dollars what's the return on that? what are some of the coolest inventions we have today as a result >> it was a great investment, if you look at all the things we use today, whether it's with our cell phones, medicine, in your car, all of that comes from the investment we put into the space program. >> i was reading through, i didn't realize the thermometers you put in your ear, that comes from something originally developed from space travel. >> it is cool.

nasa puts out the spinoffs when you look at the spinoffs, it's worth what we put into the space program. >> before you joined nasa, you were a geologist and then a schoolteacher. which is a weird transition. how did you become an astronaut? >> it was not the traditional route. i was a geologist, i was teaching middle school in florida and somebody told mena a was looking for educators to become full-time astronauts. it was an opportunity to live a childhood dream. so i said let me apply i was one of the three educators to get hired, so that's where it started. schoolteacher to astronaut, it's school. >> you spent almost a year in space. what would you describe that like what was it like taking walks in the international space station?

is it quiet? >> it's pretty quiet and it's pretty intense. when you look down and see the earth 250 miles below you, you know you're not going to fall but it takes your brain a couple seconds to realize, if i let go, i'm okay it's quiet outside around you but you're always in communication with mission control and with your partner that you're out there with so the communication keeps going on, but there are times when nobody is talking and it's just you in space looking at our earth and it's just an incredible experience. >> i never thought about the idea of first stepping off and realizing you're going to float but not mentally being there yet. is that scary? >> i won't lie, it's scary you get out and you're hanging onto the handrail, you put a tetter down so you won't go anywhere, and you just let go and let your brain believe you're not going to fall it's an important step to take

i can only imagine the guys taking the first step 50 years ago, you know it's a step but it's the first one that's great to think about. >> i would have peed my pant, did you? >> i didn't but i would have been prepared. >> the public/private partnership, do you think that's a better way to fund spacex more ration or not? >> i think it's the best way to go that's been the intent of nasa going to space is very difficult. nasa has the expertise, we have the ability. but really the purpose for us is to get it to the commercial sector so it frees up nasa to do things that are more difficult for us to go to the moon, mars, it has to be with partnerships with private companies. >> you mention mars and obviously that is the next great frontier no way i would sign up to do that, but no way i would sign up

to go to outer space, how about you, would you go to mars? >> i would go to mars in a second probably outside of my professional career. and so to go to the moon would be incredible. but becky, i think if you had a chance to go to space, you would love it. it's an incredible experience. like we heard on the report before i came on, hopefully everybody will have this opportunity and people will look at astronauts like everyday folks. so i would love to go. if you have the young viewers forced to watch your show this morning, i hope they get excited by the program and they're the ones walking on mars some day. >> we are not there yet, it is not common place i want to say thank you to brave folks like you willing to go out and do this. i give you all the praise for what you've done it's impressive. thanks for your time, appreciate it. >> thanks very much, it was a

pleasure. up next we're on the money while the u.s. trade battle is hurting china, it's helping another country in asia. we'll look inside a factory that's buzzing and booming. and looking at retirement, program that's important to take a look at. and right now this is how the stock market ended the week. by using dish soap to clean grease on more than dishes? using multiple cleaners on grease can be expensive, and sometimes ineffective. for better value, tackle grease with dawn ultra. dawn is for more than just dishes. it provides 3x more grease cleaning power per drop, which cuts through tough kitchen messes, pre-treats laundry stains, and even tackles grease build-up on car rims. tackle tough greasy messes around your home, and save money with dawn ultra. brand power. helping you better.

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carl went to vietnam where he got a glimpse inside the factory boom there. >> this is the nike suit or the adidas suit that you may have bought your kids it's being sown here in vietnam. workers earning $280 a month stitch, ship the product to the u.s. with president trump threatening more tariffs to chinese goods americans are asking what else can we make in vietnam they're importing 40% more from vietnam than this point last year, while imports down 13% lin's company makes sportswear. >> what china can do we can do cheaper price. >> it affects your pocketbook.

retailers like target, best buy and others would likely charge you more to make up for a proposed 25% tariff on china shifting to vietnam could be one solution if factories like this one can find enough workers and if vietnam's congested highways, rail lines and ports can handle the traffic. >> we expect all of that to take time before, you know, vietnam can be ready to absorb all demand at the moment. >> these are jobs that left the u.s. decades ago and that many wish would come back it's not unthinkable, but a lot will depend on how the u.s. and china narrow their differences and how countries like vet nam step up to get the goods you want on the shelves near you this week some numbers apparently showing the impact of the u.s./china trade war

the chinese economy grew by 6.2%, sounds good but that's the slowest in 27 years. up next, retirement 101, a 401(k) option that you may not know is available to you we have the benefits and choices for your nest egg. and later, ice scream, you scream, we all scream for -- vegetables that's right, ice cream and hidden veggies we'll give it a taste test tough messes squeee like bathtub soap scum and caked-on grease from oven doors. now mr. clean magic eraser comes in disposable sheets. they're perfect for icky messes on stovetops in microwaves and all over the house. for an amazing clean, try mr. clean magic eraser, and now, new mr. clean magic eraser sheets.

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a retirement savings tool is being offered to workers, it's called a roth 401(k), it's different that the traditional plans in significant ways that could impact your future joining us what with you should know is sharon epperson, i said no you mean a roth ira, not a 401(k). >> i love talking about tools that people need to know about this is an option to contribute to a work place retirement savings account with after tax dollars. the big thing is when you take it out after retirement you're taking it tax free it's the tax treatment of these two accounts that really differs between the 401(k) traditional and the roth 401(k). >> is it the same situation you have to earn a certain amount to

put money into it? >> there are no income restrictions first of all you're putting in the after tax money your earnings are growing tax free. as long as the qualified withdraws, you're 59 1/2 and you held the account for five years you pay no taxes on those withdrawals from a roth 401(k) with traditional you're contributing pre tax moneying and your earnings are tax defefrd but you have to pay taxes on them on the withdraws after 59.5 >> that's a huge difference. >> that's a big difference. >> i would imagine over time is this a brand new thing? >> it's been around for several years but a lot of millennials are using it because as you enter a new company you find out about it those who have been in a company may not be aware -- >> are you telling me it's our company and i don't know about it. >> yes >> i need to get on board with this it sounds like a big deal.

how do you know if a roth 401(k) is best for you. >> one of the things to look into is how much you can save. you save more with the 401(k) rather than the ira, it's only $6,000 in the $6,000 this year you need to look at do you need the tax break this year or do you want the tax savings when you retire not paying any taxes on the withdrawals you're making you also have to try to figure out what your goals are for your financial future while we talk about diver diversification you also need to diversify the tax structure of your retirement savings. many companies will allow you to split the difference so you can put some money in a roth 401(k) and some in a traditional as long as you don't exceed the maximum contribution limits of $19,000. >> $19,000 for anything you put toward a 401(k). >> exactly >> thank you

learned something really valuable today appreciate it. up next "on the money" a look at the news for the week ahead and we will celebrate national ice cream day by checking out a brand that has veggies in every scoop will it be a yum or a yuk? . to always discreet boutique. its shape-hugging threads smooth out the back. so it fits better than depend. and no one notices. always discreet. some big news from mr. clean. stop struggling to clean tough messes with sprays. try new clean freak! it has three times the cleaning power of the leading spray to dissolve kitchen grease on contact. and it's great for bathrooms! just keep pumping the power nozzle to release a continuous burst of mist and make quick work of big jobs. it even works on stainless steel. it cuts through 100% of dirt, grease and grime. available with easy-to-swap refills. to get three times the cleaning power, try new clean freak from mr. clean.

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month of june. on thursday the durable goods report those are items intended to last at least three years on friday we'll get the first read of the second quarter gdp, the broadest measure of the size and scope of the u.s. economy. and game on. the first ever fortnight world cup will take place in new york city the price pool is $30 million and the champion will walk away with $3 million. ice cream. it is universally loved. vegetables onthe hand not so much especially when it comes to kids now there is a way to get kids to eat them without gagging. joining me is the founder of peek-a-boo ice cream >> thank you for having me >> a brilliant idea. as a mom i thought wow why didn't i think of this sooner? is this just a gimmick or is there really vegetables in it? >> there are absolutely hidden vegetables want to guess? >> no idea >> cauliflower >> what, micro ground up

>> that is a trade secret. >> so you've got real vegetables here >> absolutely. >> a lot of people must think it's a gimmick >> what i'm selling is super premium organic indulgent ice cream, not a salad the point is it bridges the gap between what we don't get enough of which is veggies and what we can't get enough of which is ice cream. >> i don't taste any veggies fantastic. >> you're already eating ice cream. >> what is this one? >> cotton candy. i'm not telling you the hidden vegie. >> let's see >> our most popular flavor >> it's good i don't taste any after taste. i don't taste the back up. what is it >> three beets in every container. >> three beets >> can you get your kids to eat beets? >> not once in a million years >> now you can >> so this isn't what you started out working on how did you develop this and why? >> i was practicing as a legal aide and decided to pursue my passion. i opened up an ice cream shop

ten years ago. i have kids. i'm fighting with them they're never eating enough veggies. what they never say no to is ice cream. >> i'm trooipg the third one >> okay. >> this we already -- i already outed it it has two cups of spinach >> i don't taste it. there is not even an after effect amazing. how did you learn to make ice cream? >> i went to penn state. they have an ice cream short course ben & jerry went there that's where i got my start figuring out how exactly can i combine ingredients in a way that doesn't compromise taste and texture. >> did you mess it up a bunch of times first? >> it is super scientific. i started sneaking in veggies until my kids noticed. >> then you have to dial it back >> like with any food when you try to get your kids to eat stuff. >> what were some of your bigger mistakes >> my goodness the vanilla

started vanilla turnip i know i should have guessed that one that was a total fail. this is strawberry it's got hidden carrot i don't taste it >> where would i buy this stuff? >> nationwide. shop rite, safeway, whole foods. we're launching nationwide in the next month 2,000 stores. it costs between $5.99 and $6.99. the vanilla is my absolute favorite >> originally it was turnips don't tell me yet. >> you're never going to guess >> i don't taste anything. radish >> no. actually zuccini >> no wonder it's mild anyway >> i tried to pick nutrient

rich, mild vegetables. >> so does something get lost in the translation? is it not as good for me >> that is the magic if you look at the nutritional panel and compare it to the regular indulgent ice cream, your favorite scoop of anything you'll see an entire panel of vitamins and minerals. >> i was prepared to think this is gross it's really good >> that's the magic of it. >> thank you for your time >> thank you who knew folks, that is the show for today. i'm becky quick. thank you so much for joining us next week a new way to save money on car insurance but is it worth the price in privacy that you pay? we'll talk about that each week. keep it here we're "on the money. have a great one and we'll see you next weekend the rich, hydrating cream is formulated with vitamin b3 and peptides to plump skin cells, brighten, and visibly smooth wrinkles. in fact, just 1 jar has the hydrating power

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hey there. live from the nasdaq on this expiration friday. karen was so excited she decided to stick around for the big show here's what's coming up. the countdown is on to big tech earnings. there's one thing about to shred it up. he'll tell you how to trade it plus, tesla earnings are on tap next week. don't get too giddy, elon. because dan nathan says it's setting up for the short of the century. he'll explain.