>> yes. >> is richard branson really going into space? the bezos outfit has pointed out that 96% of humanity does not believe he is going to space. explain what that means. >> i don't know what the rest of humanity is thinking, but i know as an astrophysicist what this is. there is an operational definition of space that is used and invoked internationally. that definition is if you go up 100 kilometers, that counts as space. that's about 62 miles. where you get that number, it's sen sensibly derived. we sit here and we see a blue sky. why does it have any color at all? it's because sunlight, when it hits particles in the air, selectively scatters blue light from the sunlight. that happens at an extreme level at sunset. so much blue is taken from the sun that the sun looks red oram b -- or amber. that's not the color of the sun. if you go higher in the atmosphere where there is not so much of those particles above you, the sky disappears, in a sense. it's no longer blue, it's no color at all. it becomes black even in broad daylight. they

richard branson is a big environmentalist. like i said, brian, it's really hard to overemphasize what this moment means to branson, his team, his friends, his family and for space reporters like myself, we have been following this since its infancy. so to absorb this is happening and from our perspective, it went off without a hitch and richard branson will soon be awarded his astronaut wings along with two specialists. it's a moment that gives you goosebumps. we as reporters have moments that we put in the memory book forever that we hold onto for the rest of our lives. this is one of them for me. >> and my kids are watching, your kitds are watching, and ths will one day be normal. rachel, the notion of a space plane, a spaceport, all this language. this is going to become common language probably sooner rather than later. is that fair to say? >> reporter: that's right. i also want to point out, you talked about space plane, but this, of course, is a rocket-powered space plane that branson and his team have built. that's their

richard branson has his own plane. they fly in here. now ultimately i had a conversation with somebody who is in the virgin galactic hierarchy last night. ultimately they think they have to have hotels, maybe in truth or consequences but that's really remote. so how do you get somebody who is going to pay that kind of money and who is going to come in and we're staying in the nicest hotel is a beautiful courtyard marriott. if you're used to the ritz, what are you going to do? they may think they have to build something like that if this takes off and then they have to chopper people in. again, you're talking about the world's wealthiest people right now. chopper them in from albuquerque. they've got a big two-mile runway here. it's beautiful. and that might be the ultimate plan. they are actually talking about the billionaires combining this vacation with maybe i'll go skiing over the weekend and maybe i'll fly there as well. >> i tell you, such issues to have to deal with. let me ask you, tom, you know, watching this we watched start t

this is that historic moment that richard branson and his team at virgin galactic have been waiting for for nearly two decades. we have release, brian. we have release. the rocket engine has ignited. this is the moment that branson and his team have been waiting for. i've got to pause. i've got to take this in. this is really an incredible moment here. >> we all took it in. in this hour-long journey, and a few minutes of weightlessness, the journey, the mission to get here was decades in the making. not only did branson make this happen, but he in spectacular fashion brought all of us along with him and making sure we could see and hear from him while it was happening. >> -- one day you'll get to experience it. it's a complete experience of a lifetime. now i'm looking down. congratulations to everybody for creating such a beautiful, beautiful place. congratulations to all of our wonderful team at virgin galactic, 17 years of hard, hard work. >> extraordinary or what? branson's flight making him the first billionaire to actually travel into suborbital space. branson's goal, to make comme

, sir richard branson.ying for years that his family members and many of his close aides have been trying to talk him out of doing this. did you get a sense that he's nervous at all about this? >> reporter: i asked him. i said, are you nervous? he said no. he said, i've been waiting for this for 17 years. 17 years ago was when he started virgin galactic, and he has been passionate about this since he was a teenager growing up in the uk and he watched the apollo 11 moon landing and said right then looking up at the moon, i want to go to space someday. as you know, this guy is just a serial entrepreneur and serial dare devil. by his own count he has escaped death 75 times already. he's had close calls. balloon accidents, and serious car crashes, and mountain biking accidents. i mean, the list goes on and on and on. so it's in his blood to take risk and he told me, he said, i believe and the family motto is that life is for taking risks. and if you're not taking risks, ural not living life. i'm paraphrasing be

beyond that, i think the other thing that's worth pointing out here is the pr panache of richard branson galactic, right? it's unsurpassed. bezos doesn't quite have those chops. he's operated, for one thing, incredibly stealthily, and he doesn't have the natural affinity to, where branson goes draws a crowd. i remember, jake, back in 2005 in new york, branson showed up at a news conference. there were 70 cameras there. i counted them. all they did was lift the curtain and reveal a scale model of the craft you just saw flying. i thought, wow, this guy is good. he really doesn't have anything. yet he can really get the media talking about him. so bezos, i suspect, will be a much lower key deal. >> kristin fisher, you saw richard branson smiling, his family members running to hug him on the tarmac. what does this moment mean to him? >> reporter: i don't think a smile could get any bigger than the one we just saw on richard branson's face than when he ran out and hugged his grandkids. on a personal level, he's achieved a lifelong dream. but on a professional one, too, he helped steer this co

yes is this sort of billionaire ra i will re between richard branson. jeff pays off and ill on mosque all looking to go into space. obviously, branson was the 1st one to make it may well be others and not in the too distant future. yes, in fact, the jeff bezos, amazon's founder and repeatedly the richest man in the world will on july 20th go into space aboard his blue origin capsule in a more traditional way of a flying, a rocket ship that will go straight up into space. and then the capsule will detach from that and, and base us will earn his astronauts wings, perhaps not by coincidence. the date, chosen the 20th of july is the 52nd anniversary of the day that that man, human beings 1st set foot on the moon back in 1969. so yeah, a battle of the billionaires. a battle of bucks in a battle of egos, no doubt whatsoever about that as the branson de those and musk rivalry will continue. we don't know exactly what you on mosque has up his sleeve. if he's going to have to some i'll best branson and base those. i don't, i don't know what that would be. maybe y

this is quintessential richard branson. this is quintessential virgin. we have classic rock playing, guns n' roses. i heard the eagles earlier. this is kind of the branson theme, if you will. right, the music of his life and his generation. this space port america is such an impressive facility. i had the opportunity to tour it earlier in the week. it is a massive space port. it's like -- really it's like an airport terminal designed only for space flights and commercial space flights. there are no hotel rooms inside. it's multiple levels of open meeting space, and there's a great coffee bar and a great place to have a dinner or a lunch. it is designed for the people who are going to be flying on these flights. so you and me, you and i, rather, if we visit and we're just tourists, chances are we're not going to be able to pony up to the coffee bar, right. but if you dish out a quarter million dollars or more, then you probably can get a great espresso here on the ground in new mexico. the facility, a two-mile runway here, right out in the new mexico deser

so presumably, richard branson and cool are in it. now. let's see what happens next, but talk us through, you know, when most people think about space flight. they think about, of course, the astronaut circling the earth floating in space and, and for at least a few days. that's not what which bronson is going to be doing. right, no, absolutely not. this is essentially a joy ride. they will go up. they will float for about 5 minutes. they will have a wonderful opportunity to see the earth in all its magnificence and through the windows of this spacecraft. they will then strap themselves back into their seats. the pilots there are 2 pilots on board. their most important job will be to change the shape of the vehicle. it's almost like an hour. a gammy japanese are a gammy paper model. they will change the shape of the spaceship so that when it hits the atmosphere, it slows down and gently re enters back into the arts atmosphere. at that point they will change the shape of the spacecraft again to turn it in to a regular planes. and at that st

richard branson is back from space richard branson is back from space the rocket plane is useful ourssmann has been following this historic development in new mexico, and joins youosphere there for you and spectators, and what comes next. >> everybody here at virgin galactica, this company that has had its shining moment, everybody has to be over the moot picture-perfect, from the moment the mother ship, the twin fuselage, left the runway and started lifting off to the sky, it all went spectacularly. the real first spectacular moment was when the mother ship released unity 22, the spaceship, which rocketed up to about 50 miles above earth, and the now astronauts, four civilians, went ahead and experienced several minutes of weightlessness. then they came back to earth, glideed into the runway, the landing, like the take off, picture-perfect, just the way richard branson must have hoped it would. clearly for branson, this is a personal milestone and a professional one, but it is also meaningful for anyone who has a passion for space, or anyone who believes that the sky is the limit. b

arthel: a historic step on the road to private commercial space travel, virgin galactic's ceo richard bransoncompany employees landing minutes ago after blasting off from new mexico aboard branson's own rocket plane. the you crew briefly leaving the earth's atmosphere, making branson the first billionaire in space, beating amazon and blue origin founder jeff bezos by nine days. well low, welcome to -- hello, welcome to "fox news live." i'm arthel neville a. hi, eric. eric: good morning, i'm eric shawn. thanks for being with us.

well richard branson is one of 3 building their business. then as we said, promising to thank tourists into orbit branson and 5 crew members are expected to take 19 minutes to complete the flight surgeon. galactic 1st for commercial life isn't until next year and will cost you a quarter of a $1000000.00 for a seat. that being said, $600.00 tickets are already reserved. and in just a few days, blew origins, new shepherd rocket will head to space with its owner. and to amazon found jeff based off his brother and an 82 year old female pilot. while they funk that font pilot was trained as an astronaut, but denied the chance in the 60s to go into space because of her agenda. she'll soon get a chance on a flight that will last 10 minutes. and while in mosques space x has already taken astronauts to the international space station, it plans to take a crew made up entirely of private citizens for the 1st time into orbit lakes. this year that has found the says charges it's private flights will go toward moon and mars missions inspiration for will ta

and the same affect it had on richard branson. everybody was watching from planet earth on that day. this is a culmination of his dreams, of him taking his own spaceflight, not to the space station or moon, but an altitude of -- there we go. we have pictures on the inside. assuming the technology works and they can get the live shot -- >> tom, we have been using the term feathering here and university climbs and lands. what does that mean, exactly? what are we watching here? >> reporter: the bottom line here is they -- i may even defer to the expert in terms of mike, because you have a fellow pilot right there and astronaut in terms of how this works, because it's a delicate procedure as they feather the wings back for re-entry. >> mike, what does that mean to feather as they return here and land shortly on a runway in new mexico? >> it's interesting technology they are using here, they are combining the aspects of a capsule re-entry which is fairly safe, and they will form inline with the spacecraft, and then they can deploy them

richard branson has been waiting for this his whole life. his company has been working on this for 16 years. so a 90 minute delay should not be a big deal. we do not know the exact details of what it is, tom costello has been working this story for years things it's something about winds, atmosphere, that will make sense. we talk about an airplane that will fire its rocket at 50,000 feet, trying to reach that sub ordeal space, guys it should be pretty amazing. >> we are still trying to figure out exactly what is the reason behind this 90 minute delay. there were some military experts, just last night who were saying, there was a 60% chance this launch will not happen today, because of a weather report they have been seeing. >> in the meantime, the backdrop is what appears to be a competition of sorts between two billionaire bros, branson and bezos. he is set for takeoff july 20th of course, talking about basis, brandon moved up his launch, to kind of be into the punch of all of this. but really, there are a lot of people looking at this and

. >> reporter: this photo is richard branson tweeting out a short time ago. ppear that elon musk stayed at the same nearby ranch with branson overnight. branson tweeted out the following. big day ahead. great to start the morning with a friend. feeling good. feeling excited. feeling ready. with elon musk and richard branson there tweeted out this morning. there is not a lot in the way of accommodations here in the new mexico desert 30 miles from truth or consequences. one of the challenges going forward here is if they bring in hundreds of passengers, where do they stay? there are ngoho tell rooms in the space -- there are no hotel rooms in the spaceport. they were talking about they have to build some sort of luxurious accommodations for people with that kind of money who fly in on their own personal jets to start off with anyway rather than a one star motel. good enough for the media. maybe not elon musk. the bottom line is you are absolutely right. elon musk was the first yesterday to tweet out good luck to branson, wishing you great success. and then a few

but richard branson beat bays those in this building aerospace race. so is the space tourism industry ready for blast off? i don't think you're see a wave of people signing up. i think it'll, it'll take some time. but certainly those who have already signed up are, are significant. certainly does it maybe hundreds. there's plenty of multimillionaires in the world that would like to go up on an adventure, so long as they see that it's relatively safe. a trip with virgin galactic costs cool. $250000.00. space ex meanwhile, has plans to ferry 3 people to the international space station as early as next year, for $55000000.00 a ticket. so perhaps a giant leap for space enthusiasts, but only if you have the cash. and marco folks is the boss of german space tech company o h b market was branson's flight historical. do you see it as just another step on a much longer journey? good morning. well, i felt it was a historic, was very exciting to watch. and the visuals around the whole piano around it. to me show that it is a step and i think we're going to be the

significantly. # hundred% -- arthel: i you poll guys -- apologize, i have to jump for a second and go to richard bransonng. we love -- hello. [laughter] >> where's his lovely wife. come up. come on there. right. [ applause ] >> he's had quite a month. their beautiful new baby will be born this month and this beautiful baby was born a couple of years ago. and thank you for letting him come with us. i would also like to thank my wonderful, beautiful wife joan who is hopefully here somewhere. we've been lucky enough to have been together for -- where is she -- for 45 wonderful, wonderful years and we've been very blessed and we've got holly and sam here. our grandchildren. and pretty well everything, lots of friends. sadly, none from england. we'll get you out here one day. but love you lots, all of you. and just finally, i know i said it from the space shift but i want to say thank you, thank you, thank you, to every person who has believed in virgin galactic, the team who have worked so hard to make this dream come true. love you all. it's 17 years of painstaking work and the occasional horrible down but

there is the man himself, richard branson, on board the spaceship. >> what an experience.experience for life. and now i'm looking down at a beautiful spaceport. congratulations to everybody for creating such a beautiful, beautiful day. congratulations all our wonderful team at virgin galactic for 17 years of hard, hard work. >> you just heard from richard branson himself. >> all right. >> speaking live from the spaceship to his fellow earthlings as he descends with his passengers and the pilots back to their base in new mexico. cady coleman, let me bring you back in. where are we heading with commercial spacecraft? we saw something incredible. a commercial privately owned spacecraft blasting off into space for a few minutes and then everybody got to be weightless and float around the cabin and look down at planet earth. is this something that's going to be available to regular human beings at some point in the not too distant future? >> it's certainly looking that way to me. this is still a test flight for virgin galactic technically but they're still -- every flight they

billionaire space race is due to blast off in about a half an hour's time with entrepreneurs, her richard branson fit to join his company. virgin galactic for its 1st fully crude flight to the edge of space. these are life pictures from the spaceport in new mexico, where branson and his team will be lifting off from the launch has been slightly delayed because of the weather. the flight is a milestone in the effort to ushering a new iraq private commercial is travel. and one of the words you're going to hear a lot from now on is sub orbital. that basically means the spacecraft won't be going fast enough to orbit are planted instead, passengers will spend a few minutes experiencing weightlessness and enjoying a view of earth from above. the vss unity will fly to an attitude of about 80 kilometers, which, according to some definition, isn't actually in space well governing body, the f i a puts out a space at above 100 kilometers above earth. on july, the 20th a 2nd billionaire jeff basis could also be up there on board, a craft owned by the company blue origin. both flights will be far below the in

this is that historic moment that richard branson and his team at virgin galactic have been waiting for for nearly two decades, and we have release, brian. we have release. the rocket engine has ignited. this is the moment that branson and his team have been waiting for. brian, i gotta pause. i gotta take this in. this is really an incredible moment here. >> so it was an hour-long trip. and there were a few minutes of weightlessness as well, but the journey to get here was decades in the making. not only did branson make this happen, but he in spectacular fashion brought all of us along with him. and making sure that we could see and hear from him while it was happening. >> one day to be able to experience this. it's a complete experience of a lifetime. now i'm looking down. congratulations to everybody for creating such a beautiful, beautiful place. congratulations, all our wonderful team at virgin galactic, for who 17 years had hard work to get us this far. >> branson's flight making him the first billionaire space barron to travel into suborbital space. his goal, to make commercial s

we're waiting for bit llionaire richard branson to launch into space. president biden is forcefully defending his decision to understand the loechct war in history saying it's highly unlikely that the taliban will take over in afghanistan despite troubling gains over recent weeks. joining me is afghanistan veteran, pilot in the air national guard and republican congressman from illinois adam kinzinger. thanks for joining us. i want to start with afghanistan. over the past two decades, hundreds of thousands of american service members, including yourself, deployed to afghanistan. 2,448 american service members and dod employees lost their lives to this war along with nearly 4,000 private contractors and untold numbers of afghan civilians. tens of thousands of americans have suffered physical and emotional wounds. as the u.s. leaves, i guess the big question is, was it all worth it? >> well, look, jake, you know, you're, i guess, following in the outpost of that real kind of human story that happened there. i very much appreciate putting a real life to th

is richard branson going to space or not?eo just set out. in previous missions, virgin galactic's spacecraft has gone 54 miles, which is above the line that nasa recognizes for space or the line that you cross to become an official astronaut. blue origin tweeted that virgin galactic's system is nothing more than a high-altitude plane. their attempts to go into real space, the karman line of 62 miles is more legitimate. richard branson got the approval for this before blue origin. this is just to billionaires racing to get into space. caroline: i wish they could just celebrate each other rather than trying to smite one versus the other. what are you most looking forward to when you go down to new mexico? what do you think will unfold? they must be super nervous. >> this is the 22nd test flight for the virgin galactic spacecraft. in 2014, they did have a fatal crash during a test where one of the pilots was killed. they have had a number of successful tests since then. attention is in the high-profile man, richard branson, a bi

stephen welcomes sir richard branson!nd congresswoman eleanor holmes norton, featuring jon batiste and "stay human." and now live on tape from e eeivan theater in neyork, its s! >> jon: oh, oh! >> stephen: please, have a seat, everybody! ( cheers and applause ) lovely people. lovely people. welcome. welcome one and all to "the late show." i'm your host stephen colbert. ( cheers and applause ) it's so nice to hat aftuse. not having an audience for so long. 23 hours i haven't had an audience. i can't believe i made it. i don't do the show for the applause, i do it for the trophies, and this morning "the late show" was nominated for eight emmy awards! ( piano riff ) come on... congratulations! ( cheers and applause ) thank you. of course, this show wouldn't be possible without you, the viewers. so, i promise, if we win an emmy, we will let all of you view it. ( laughter ) voting for show business awards may soon be the last bit of democracy we have left because since the november election, state lawmakers have enacted 28 law

we heard richard branson thanks those who contributed to the success. think he's well aware it's not just about him. he seemed to be gracious in his initial comments. we have been told the press has gathered. this news conference scheduled for about 18 minutes ago is scheduled to begin. if i interrupt you, my apologies for being rude. that said, what do you think was the biggest hurdle in your reporting that which richard branson had to get past. we know there was a massive hiccup in 2014 when his first test flight into space literally fell apart costing the life of one pilot and severely injuring the other. there was a big pause. was it emotional, technical, engineering? was it fear. what do you know about that? >> there were several big hurdles. in 2007, the company that designed this had another failed accident with three employees died on the ground bauds of a tank explosion. that was a big learning curve at that time too. they had never reached space at that point. you come back seven years later, they have what they think is a pretty good, because

ispoke by one have his keenest rivals, richard branson. i spoke to sir richard branson. at all, it's not about the race but i'm not sure jeff bezos would have all, it's not about the race but i'm not surejeff bezos would have been particularly pleased. they have launched 15 successful launches from the spaceport behind me. lots of things go into this. people were voicing concerns that people are putting speed above safety. both men will offer reassurances that that is not the case. sir richard branson is said to me it wasjust in incredible coincidence, a delightful coincidence, a delightful coincidence, that both men were travelling on their own company's rocket into space in the same month. however you look at it, everyone in the space community will tell you this is a hugely important month for space travel. asine this is a hugely important month for space travel-— space travel. one of the really interesting — space travel. one of the really interesting things _ space travel. one of the really interesting things about - space travel. one of the really interesting thing

there is no hiding the issue relation of richard branson -- sheer elation of richard branson and hisw. nancy: this is bbc news. the latest headlines -- the last american troops have left the main u.s. base i afghanistan, as more districts fall to a taliban offensive. 20 people are now confirmed that in the surfside apartment collapsed in miami. anymore are still missing --many more are still missing. candidate's national holiday has been marked by purchase following the recent discovery of hundreds of unmarked graves at former schools for indigenous children. thousands of people joined a "cancel canada day" rally. reporter:raditionally a day of celebration, but this year canada has found itself reckoning with its colonial past. this was the scene in winnipeg. demonstrators pulling down a statue of queen victoria. across canada, thousands of people took to the streets protesting a dark chapter of the country's history, the residential school system. >> you murdered hundreds of thousands of children. we don't know yet. but we are here to tell you today that was wrong. you all know that

sir richard branson.5. i mean, how can you -- you can take yours off. there you go. >> stephen: oh, yeah. oh, yeah. oh, yeah. 4.93, baby. what else it with your billionaires not wearing shoes? do you just have the entire yard leathered instead? lovely to see you again. welcome back to the cool green hills of earth. >> thank you. i'm still coming down slowly. >> stephen: i can imagine. congratulations. >> thank you. >> stephen: i just want to take -- jim, look at this acceleration that you went through on sunday morning. do we have this, jim? there you go. there's the release. fire in the rocket and here's where we see you get jammed back into your seat. ere's e dr, en here we go, slam -- here it is. at any point during that process, do you think this was not a good idea? ( laughter ) >> you know, there are times in the years leading up to it, i was wondering whether the body would cope, and the moment i realized the body would cope, i just enjoyed every minute of it. it was a dream from teenage years come

strassmann reports from new mexico. >>> welcome to space unity 22. >> reporter: this is the moment sir richard branson took one giant leap into the space tourism business. during this test flight, virgin galactic rocketed its space plane unity into the final frontier, and branson became the first person to blast off in his own spaceship. he beats amazon's jeff bezos and blue origin into space by nine days. >> the experience of a lifetime. >> reporter: virgin galactic's mother ship carried unity to about 45,000 feet. >> release, release, release. >> reporter: then the space plane dropped, rocketing up at mach three, more than three times the speed of sound, until it reached the edge of space. during several minutes of weightlessness, branson and everyone aboard reached a peak altitude of 53 miles over the desert. this test flight was a marketing bonanza for virgin galactic. it hopes to start taking paying customers on space joyrides starting next year. when unity touched down, the british billionaire got what he has chased for nearly 20 years -- his astronaut wings. >> the whole thing, it was magical.

now richard branson has officially reached the edge of space for filling a lifelong dream and marking a dramatic step forward for space tourism branson and 5, all those travelled aboard his company. the virgin galactic winged rocket ship for a few minutes. the crew was wait. this, the ship's wings unfolded in the plane, glided back to us for one way, landing the mission statement that i wrote inside my space to was to turn the dream of space travel into a reality for my grandchildren, your grandchildren, and how many people are alive today for everybody and having flown to space, i can see even more clearly how virgin is the space line for the way here to make space more accessible to all. and we want to turn the next generation of dreamers into the astronauts of today and tomorrow we will miss days or just had the most extraordinary experience we'd love it's, it's a number of you can have it to the crew member and aeronautical engineer, very shut boundless says her parents are over the moon about her trip. they've heard me say i want to go to space and i was little, i should say youn

focus on addressing data security concerns. >>> and after nearly two decades of preparing, sir richard branson achieved his dream of reaching space branson and five others taking part in the sub-orbital issue over new mexico skies. branson and virgin galactic getting a leg up on jeff bezos in the space race. bezos is set to take part in the company's first flight in just over one week. >>> more on all these stories ahead in the next hour back to the markets and your money. we are gearing up for another earnings season. hard to believe but true banks in focus this week jpmorgan chase and goldman tomorrow blackrock, citi, bank of america on wednesday and thursday. let's talk about the set up now and the week and bring in robert teeter head of the strategy group of silver crest asset management. robert, good to have you back on we are coming in with strengths. we have record highs on the major index. you heard the two-month weekly win streak for it. do you anticipate the strength to continue or will we see summer volatility ahead? >> good morning, brian thank you. we are in an interesting and cho

the space with richard branson's. virgin galactic company is $250000.00 per person. is half time in the year 2020 football championship finals, england playing italy at london's wembley stadium. with $65000.00 spectators allowed in the stands for the 1st time since the pandemic began. again, schooled in the opening minutes of the game made you final to the in this team in 55 years hoping to defeat italy who lifted the european championship trophy in 968. the largest wildfire of the year in california is raging along the border with nevada. during a brittle heat wave. hot weather alerts are in place for 30000000 people across the western united states. california is death valley reached $54.00 degrees celsius on friday. a former police officer turn notorious gang leader is asking his supporters to join last protests and haiti, commissioners here better known as barbecue, says the presidents assassination is an outrage. accusing opposition parties are plotting children. emily's murder is also asked to supporters use a weapons in self defense. if the police crack down o

emily: virgin galactic founder richard branson.peechless as he talked about that trip, practically. almost at a loss for words at points. shares for virgin galactic tumbling the day after this big event. the company disclosing the potential sale of up to $500 million in shares, suggesting it needs additional funds as it prepares for its commercial debut. also caught up with the virgin galactic ceo to talk about how the math works out for virgin if they plan to charge passengers $250,000 apiece. >> i think the financial model is going to be very robust. i do think this is a supply constrained market. it will be that way for a while. it does cost a decent amount to go to space, but our ships are reusable. the vast majority of what we build is reusable. that will allow us to have good flow-through when we get the economics moving and scaling. >> is it really software company level margins that you are hoping for? >> i think you will see solid margins out of this, and it is because we are going to lead with value. when you are going to

. >> billionaire richard branson selling his excitement of the test flight company unity which led as short time ago. i'm mike emanuel it's a great achievement for the company and space tourism jeff paul is live on-site at truth or consequences, what can you tell us. >> not only an incredible moment that happened but that it happened safely have a billionaire like richard branson who is shy of turning 71 years of signals if someone like this can go up into space and come back down 90 minutes later that the future of space tourism and other people can also follow those exact footsteps. there was a bit of a hiccup early this morning i weather delay due to high winds overnight but that was really the only major setback once they got through the 90 minute delay. everything went basically as planned the space plane took off enough fashion that you would be accustomed to see that normal airport once it hit the 50000-foot mark that's when the space plane detached from the fuselage and shooting straight into the air, climbing more than 60 miles we are told about the new mexico that's when the

ah, ah the ah ah ah ah, this is dw news alive from berlin, virgin tycoon, richard branson, edge of the head and a battle between high wind, billionaires, a trip to the edge of space and backs down again and says its mission accomplished after the trip of a lifetime also coming up on the show, public anger over corruption, overshadowed volt jared's 2nd election in a 3 month. a new populace party led by a t. v star is up against the center, right? there is no clear winner so far. and games best and a record for novak's. joke of the 3rd, when that wimbledon to claim his 20th grand slam title. people in the record of arch rivals, roger federer and the job i use hello, i'm claire richardson, a very warm welcome to the show. british billionaire richard branson has completed a maiden flight through the edge of space. france and 5 crewmates afford 5080 kilometers above the earth in the virgin galactic unity space plain brands and has now edge ahead of his rivals and jeff bezos and you on musk in a battle between high flying ty coons shoot and climbing as we take off for richard branson, as in

the billionaire space race is heating up tomorrow as virgin galactic's richard branson, sir richard branson plans to launch himself along with 5 others into the atmosphere. it is a joy ride. more than 2 decades in the making. markie. martin has a preview. >> i asked an old sears there. one. richard branson. i'll be evaluating the customer spaceflight experience. and with the posting of this twitter video it's official of going to space billionaire business mogul. richard branson. >> we'll be launching himself into the final frontier. it will be his maiden voyage aboard his virgin galactic rocket which will blast off from new mexico desert sunday morning. i've always been a my mom told me to never give up. >> and to reach for the stars. >> only the 4th mission for virgin galactic. it's a short flight. the entire experience lasting about 10 minutes with 3 minutes of weightlessness. branson will travel 55 miles, which is considered to be the edge of space and his journey hasn't been without hefty competition. >> changes your relationship with this planet, with humanity. it's one earth amazon c

we will see yo captioning sponsored by cbs >> barnett: mission accomplished for space pioneer richard branson. the british billionaire and his virgin galactic crew rocket to the edge of space. this test flight is part of a furious race to launch space tourism. >> this here is for richard branson, astronaut. >> it was just magical. >> also tonight wildfires rage as a heatwave blisters the west. in arizona two firefighters killed in a plane crash. plus, rising infections. new concerns about a covid comeback. we'll get a checkup from our dr. david agus. haiti's crisis deepens following the assassination of the country's president. how is the biden administration helping. special appearance, pope francis offers his weekly prayers from a hospital balcony. and later, they're cute little devils, a special species makes a return. >> they're beautiful, what is not to love about tasmanian devils? >> they're beautiful this is the "cbs weekend news" with jericka duncan, reporting from the new york. ork, her >> barnett: good evening, to our viewers in the west jericka duncan is off tonight. i'm errol barn

galactic -- >> the wings that are the virgin galactic wings ladies and gentlemen, this here is surir richard branson, astronaut. >> i'm never going to be able to do it justice. it's indescribably beautiful >> in an exclusive branson family interview with nbc news - >> sir richard could not contain his excitement proud of his wings >> i'm afraid nobody will ever be able to take them away. once you're an astronaut, you're always an astronaut. >> his kids grateful he's back on terra firma >> it's hard when your dad is going to do something so pioneering >> branson the winner in the so-called battle of the space billionaires with blue origin's jeff bezos after suggesting on friday that branson and his passengers would not be true astronauts because they won't know as high as bezos and his passengers will, bezos wrote today conceding the win, can't wait to join the club. >> i hope he has an extraordinary of an experience as we do >> branson's hope that the price t tag for a ride will soon come down and today announcing virgin is launching a sweepstakes with a maze for two tickets to space. >> you and a f

this is that historic moment that richard branson and his team have been waiting for for nearly two decades. and we have release. the engine has ignited. this is the moment that branson and his team have been waiting for. i have to pause, i have to take this in, this is really an i incredible moment. >> it was an incredible. and it was an hour long journey and a few minutes of weightlessness as well. but the journey to get here was decades in the making. not only did branson make it happen, but he brought all of us along with him. >> experience of a lifetime. and congratulations to everybody for creating such a beautiful, beautiful place. congratulations to all our wonderful team at virgin galactic. 17 years of hard work to get us this far. >> make being him the first billionaire to travel into sub space. his goal to make commercial space flights like this one available to the public some day. once back on earth, branson had a message for the children who watched it all unfold. >> i was once a kid with a dream looking up to the stars. and now i'm an adult in a spaceship looking back to our

blue origin will reach 56 miles. >> richard branson is going to be going into space. ate where the line of space is. >> it's an attempt to mark the end of the earths atmosphere. not everyone considers branson's definition of space. >> we are the only private company taking private citizens up into space, and been recognized by the u.s. government as private astronauts, so we are taking you into space. >> virgin galactic's flight lasted about 90 minutes. blue origin's flight is expected to last about 11 minutes. >> the moon off the nose. >> passengers will experience three minutes or so of weightlessness, during which time they can enjoy the view. virgin galactic's airplane glides to a landing on a runway, similar to nasa's space shuttle. blue horizon will parachute to the desert floor. both companies plan to take paying customers to space. virgin galactic plans to offer flights to well-heeled customers in 2022. version has also said it's technology could be adapted anywhere on the planet to just four or five hours. blue origin has its own plans for days on the moon. vi

richard branson becomes the first person to ride into space on the rocket he funded. plus, to booster or not? one country is now offering covid booster shots. could the united states be far behind? and the pandemic has made child care costs a whole lot more. >>> i'm pamela brown in washington. welcome to our viewers in the united states and around the world. you are live in the cnn "newsroom" on this sunday, and it's great to have you along with us. as the delta variant prompts concerns of a coronavirus resurgence, drugmaker pfizer will brief u.s. government officials tomorrow evening on covid-19 vaccine boosters. last week pfizer, biontech have seen waning immunity among people who got the vaccine and would seek emergency use authorization for a booster from the fda in august. the fda and cdc said there's no evidence boosters are needed yet, but a short time ago, israel announced it's immediately going to allow third doses of the pfizer vaccine for people with compromised immune systems. joining me now with more is dr. megan rainy, emergency physician at brown univer

richard branson soars into space in his own rocket.this historic flight means for average citizens hoping to for average citizens hoping to fly above earth one day. captioning funded by cbs

critics say this race to space is the new sort of elitism, a chance to capitalize on the cosmos. >> richard bransoned virgin galactic in order to democratize space and make space available to the masses? no. it's secondary. his first priority is establishing a business. >> reporter: branson's journey into space started sunday morning in new mexico around 8:40 a.m. local time. [ cheers and applause ] virgin galactic's mother ship eve carrying the spaceship "unity" with it, took to the skies. joining the billionaire on board, two pilots and three other civilian employees. >> they get up to about 45,000 feet and then they release that spaceship from the mother ship. >> three, two, one, release. >> they're going twice the speed of sound in less than ten seconds. >> reporter: at that point branson and his crew were blasted to the edge of space, giving them four minutes of weightlessness and the opportunity to look back at planet earth. >> for the next generation of dreamers, if we can do this just imagine what you can do. >> whoo! >> reporter: a very excited branson joined us right after. >> we've been

that says it's sending a team to the security that ah, everybody and richard branson has flown to the edge of space fulfilling a lifelong dream and making a great leap towards making space tourism a reality. branson was joined by 5 others aboard. virgin galactic wind rocket called unity. the group reached 80 kilometers above the surface of the earth where they experienced a few minutes of weightlessness. a ship then folded its wings in and glided back to earth before landing on a spaceport runway in new mexico. the mission statement that i wrote inside my space to was to turn the dream a space shuttle into a reality for my grandchildren, half your grandchildren. and for many people who are alive today for everybody and having flown to space, i can see even more clearly how virgin is the space line for the way here to make space more accessible to all. and we want to turn the next generation of dreamers into the astronauts of today and tomorrow we will from the stage or just had the most extraordinary experience. we'd love it. it's a number of you can have it to as a major milestone in

of course, with an enormous a business empire that really dwarfs richard branson. but branson is really good at this kind of showmanship, base us maybe not so much, but basis is going to have his time to. we'll have his moment on the 20th. and i'm sure that with him, bringing on board his brother and bring on board wally funky, you mentioned a short while ago. that's going to be touching, i think that'll, that'll be some very emotional territory there. so we'll see how that goes. and then we'll see what, what eli musk can pull out of his head another showman with, with the reputation for a lot of surprises. we all remember that capsule, the, that rocket ship that headed off to mars with the david booey song playing in the, in the cockpit. so mosque has yet to unveil his his big show. but this is really, yeah, it's kind of like 3 really rich bars. men, bailey, kind of show me and doing their thing in space, and it's definitely captured the attention of so many people around the world can not this similar way, i guess, to those 1st those early space flights by people

and obviously, richard branson has confidence in it.s. you know, not -- not only richard branson but the other people who would be making their first flight. and so, be very interesting to see what they have to say. >> so, leroy, branson is only entering the edge of outer space. how do you think that compares to traveling further into the depths of outer space, the way that you and other -- other astronauts have? >> sure. you know, i've spent almost 230 days in orbit on space shuttles and on the space station. so, i definitely start to get a different perspective the longer you stay up there. but, you know, these guys will get a taste. i guess, it's a little bit like, you know, getting a -- a -- a glimpse or, maybe, just a taste of something at a -- at a nice restaurant. then, you're -- then, you're kind of ushered out. but, you know, one day, they might be going -- some of these people might be going orbital, as well. >> all right. fascinating discussion. we are going to be continuing it, obviously, in through tomorrow when the launch

the fed, chair powell, and countdowns sent richard branson into space. richard branson culling the weekend test flight the dawn of a new space-age. investors initially cheered the tip -- cheered the trip but then shares came back to earth amid a stock sale. tomorrow morning's u.s. ppi release. jay powell testifying in the week. we are going to start with this on-again, off-again rotation. value to growth, growth to value. where are we? joe: the indices hitting new records today once again, kind of same old story. for several months within this rally this year, there was the story of the so-called great rotation. value taking up the mantle. the blue line is the value index. that one has kind of stalled out. it has not really gone anywhere since early may. the white line growth surpassing the value index in recent days. for more, let's welcome bloomberg news senior editor at harrison. thank you for joining us. what is the story? it just seemed like, this is like a real moment. value has so much catching up after years and years of outperformance. it ended

and richard branson, billionaire founder of virgin galactic, has flown to the edge of space on the company's ever passenger flight. no, i wanted to enjoy every minute of it, and i did. hello and welcome to audiences in the uk and around the world. you could describe it as a classic italianjob. italy have snatched the euro 2020 trophy from england at wembley and in the most dramatic fashion — on penalties. it ends a 51—year wait since they last won these championships. england have never won it. mark lobel reports. it was italy's night. coming back from england's electric start and then winning it on penalties. cheering. european football's finest honour goes to rome. incredibile! translation: it's incredible, it's incredible! _ you can't feel better than this! it is amazing — we won the final! translation: i am so happy! we are euro champions! i'm going to celebrate all night! after sky—high expectations for england, it was heartbreak. after 55 years without a trophy, the wait goes on. i feel sorry in particular, ifeel sorry in particular, you know, for everyone because, you know, for everyo

shares of virgin galactic are higher after richard branson shot into space. anson and five employees rocketed into space from a carrier aircraft high above new mexico. they reached announced to the more than 53 miles above the earth. a wildfire pushing california toward the brink of blackout. the blaze is waiting -- is raging uncontrollably across southern oregon. nevada paces a power emergency. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ ♪ jonathan: from new york city for our audience worldwide, live on tv and radio, alongside tom keene and lisa abramowicz, i'm jonathan ferro. a quick check of the price action for you. in the equity market, down to 4353 on the s&p 500. we declined by 0.15%. in the bond market, down to 1.34%. last week as high as 1.4457%. a break of 1.25%. now going into cpi tomorrow. tom: you wonder whether that stands on friday after an eventful week as well. i would also note the dollar. churning this morn

galactic -- >> the wings that are the virgin galactic wings ladies and gentlemen, this here is sir richard branson, astronaut. [ cheers and applause >> i'm never going to be able to do it justice. it's indescribably beautiful >> reporter: in an exclusive branson family interview with nbc news -- >> i've got to show it off >> reporter: -- sir richard could not contain his excitement proud of his wings >> i'm afraid nobody will ever be able to take them away from us once you're an astronaut you're always an astronaut. >> reporter: his kids grateful he's back on terra firma >> it's quite hard when your dad's going to do something so pioneering that no one else has really done. >> reporter: branson the winner in the so-called battle of the space billionaires with blue origin's jeff bezos, after suggesting branson and his passengers would not be true astronauts because they don't go as high as bezos and his passengers will, bezos seemed to concede the win, writing "can't wait to join the club. >> i hope he has an extraordinary experience as we did. >> reporter: branson's hope that the quarter million-d

virgin galactic successfully launches richard branson into space.e discuss what it means for the future. of space tourism. and the ecb's christine lagarde is preparing for new monetary stimulus. we bring you more from the exclusive interview. we have the latest on the virus as the u.k. reopens in the delta variant takes over the u.s. we discussed with tober when johns hopkins university. this is the head of a really big day with u.s. cpi data and being bank earnings kicking off -- big bank earnings kicking off. it is the banks outperforming today ahead of those numbers. we are getting a bit of a flattening right now. sitting at 118 basis points or so and it is stronger in the space today including against the euro. i want to get back to the bond market and look at the 10-year treasury yield because we got a $38 billion auction. 1.36% after that. essentially where was before the auction. investors seem satisfied with the takedown. virgin galactic pulled off a key flight yesterday when richard branson completed a test flight to space. with us is ed lu