five years ago a spacex rocket exploded shortly after takeoff. it was tracked to a tank inside the rocket. so the tests revealed that the trap for 10,000 pounds were failing at 2,000 pounds. that's when spacex learned they could not rely on external and needs to test every component internally. so as muni performed tests on the remaining batch of failing splices and if not, why not? the second point is that the picture of the failing splice showed that it failed at this weakest point, which is the tread for the clamping bolt. so the failure of the splice could have been cured by an overtightening of the bolt and it resulted to the failure. so the question for muni is

and spacex sees not the only company trying to do this.ompanies trying to do this, so it is dramatic. whether it is good or not, these satellites do come back down to earth and they burn up in the atmosphere, but there is no question that the heavens as we know it are changing dramatically in the next few years. i don't think many people have been paying attention. emily: how well positioned is spacex to meet its goals compared to other companies? onn musk certainly delivered grandiose plans when it comes to cars and when it comes to rocket launches. this is another thing he believes he will accomplish, whether it is good for the environment. , he is in a lot of ways uniquely positioned to do this because spacex is making the satellites and elon musk as assets that elon musk -- elon musk has access to the rockets as well. he has been doing one or more each month. amazon wants to do similar services. jeff bezos's company has yet to fly a commercial rocket successfully, but if they want to put up their satellites, they will probably have to

. >>> and spacex plans to launch another falcon 9 rocket this morning.iftoff is scheduled for 5:46 and we'll bring to you live once it happens. >>> in the south bay, three san jose police officers involved in a deadly shooting in may of 2019 have been cleared. the santa clara district attorney's office says an investigation found those officers acted legally. police say that the officers shot a drove drove drove drove e into the police. >>> and a new ambassador program is coming to san francisco. it is made up of ten retired members of the department who will now serve in busy shopping and commercial areas. they will focus on quality of life issues, they will the not car carry guns. they are there to observe and report crimes.the not carry guns. they are there to observe and report crimes. >> they will be the eyes and ears, give directions, put a good face on. >> the by pilot program will launch in union square. >>> and fight over a big tree in downtown 34res antown 34res antn the tree did not win. so, yeah, an enormous eucalyptus coming down at lions wa

nasa says the first operational flight of a spacex capsule will now launch on halloween.apanese astronaut and three othersrs from n nasa will be on board. they'll be flolown t to the internationanal space station f a six-montnth missssion. california-based spacex staged a successful piloted test flight of the crew dragon earlier this year. nasa is planning to commission the vessel to regularly shuttle astronauts to and from the iss. the project has become a symbol of the private sector's growing role in the space industry. ♪ >>> a tropical system is churning over the water to the southeast of japan. our meteorologist sayaka mori joins us with the latest on the storm. >> severe tropical storm is still near japan. queue geeta means whale in japanese. the previous-named storm was dolphin. two ocean creatures in a row. that's really rare. kujira will pull away and not make any impact to the country. this is the third named storm of the see sochbltd usually two or three tropical systems make landfall in japan a year. weave had tleer rowland fall so far this year. that's the fi

. >>> spacex hopes to use this ship to send passengers or cargo to other and plants. it went 150 meters but everything went smoothly spacex sees this as good progress >>> nice sunday there. let's bring in our meteorologist janessa webb tracking some heat. good morning >> good morning. we have pacific northwest where we have extreme heat, woodland hills, 121 degrees beating all time records yesterday in southern california. red flag warnings continue to remain across the pacific northwest with dry conditions and the wind, they will continue to stir up throughout the afternoon. look at the heat across the southwest into the pacific northwest. gas las ve the plains very quickly from brownsville to new orleans lower 90s. ladies, it's time to talk about my favorite snow coming up >> something is so wrong with that >> yes >> four letter s word not ready for it snielg while you say it. >>> actress halle berry added extra weight to her at homework out. she carried her son as she performed squats she shares this video writing with all the chaos with virtual online learning cou

personality continue to push the stock in everything he does people are following him, looking at spacex, all these cool things he's doing that is pushing the stock. tesla makes good cars with great technology, but i do think there is that elon factor. >> yeah, there is. pete, speak to me about that it's almost like -- the new england patriots lost their quarterback tom brady. if they lost belichick, it would be like tesla losing elon musk, to me, and it would take a lot of money out of the stock. there's also been a lot of options action in that stock. >> no doubt about that the volumes there have been absolutely extraordinary, especially post-supplied what i would sea about elon musk, why have a bit of a different take he is tesla, he is spacex. he is running the boring company as well, the company with the chips that will go in and be as ai chip for all of us some day yet he just manages to do all of those things very, very well i think because of his focus, that's why we're sees tesla where it is. i think it would be a dramatic hit to the stock unfortunately if, for whatever reason h

i have to tie it back up because we're going to a spacex launch in seven minutes.athan: what it you tie on tv and do something for radio. explain to them how you do up a bowtie perfectly. this will be brilliant on radio. tom: i have done this on video. the way you do a bowtie is you tight just like you are tying in ice skate. that is all there is to it. these bowties are fancy french ones and they are easier to tie, to be honest. jonathan: what if you have never tied in ice skate? tom: that is a problem. it is a british thing. in the real world, lots of people know that, and it is just like tying in ice skate. jonathan: the real world is anyone who plays ice hockey, and everywhere else is not the real world? i do not know why ask you to do this. tom: let me tell you about the space-x launch. jonathan: please do. tom: this is 60 many satellites into orbit to get towards internet for everybody. have we learned in this pandemic how important that is. tom: much more still to come on that. countingnce worldwide, you down to a payrolls report tomorrow. we will bring you

valley and in other places around the country that are doing important work with the government, like spacexo in the founders portfolio. >> right but there are noticeably not all that many. i know that a lot of them are concentrated in founders fund, you just named two a lot of the big tech companies, though, have been hesitant to work with the government, google comes to mind, for what they quote as ethical reasons so what are the stakes for this ipo in terms of that relationship between startups focussed on defense and working with the government. how badly does palantir need a successful debut for the future of how tech companies work with the government >> well, i think getting to where they are today, filing and doing this direct public listing is really testament in and of itself regardless of how well trading goes on day one or thereafter i think the confusion that exists in silicon valley around working with the government is really a vocal minority. the vast majority of engineers here, working even for these big tech companies expressed they would be working on national security but

what happens is they get really big, they get huge, spacex is worth more than 30 billion what happense concern is when somebody goes public, all the juice has already been squeezed for private d.c. investors. in this case hedge funds owners have approached jp morgan saying, can we get this hedge stock before they go ipo we want some action as well. >> this sounds like an almost new asset class in the sense that -- especially as you mentioned, if you've got pension funds and hedge funds and those kinds of vin toinvestors that ti they can get in sooner, that's one way of generating those returns. i guess j.p. morgp morgan, it's to them to prove that will be true in the long run >> right this is anybody's guess as to how true that is i would agree with you, kelly, this is maybe not new but a best of your knowledge -- burgeoning asset class in that there is not as much liquidity with this. they take weeks to set off, and they are very boisterous trading things this is finally the time when a big wall street firm like jp morgan has decided to file into this and perhaps make more liquidity

five years ago a spacex rocket exploded shortly after takeoff. it was tracked to a tank inside the rocket. so the tests revealed that the trap for 10,000 pounds were failing at 2,000 pounds. that's when spacex learned they could not rely on external and needs to test every component internally. so as muni performed tests on the remaining batch of failing splices and if not, why not? the second point is that the picture of the failing splice showed that it failed at this weakest point, which is the tread for the clamping bolt. so the failure of the splice could have been cured by an overtightening of the bolt and it resulted to the failure. so the question for muni is whether muni used specific bolt specifications to tighten splices and if not, why not? the last point is about subway cars is that battery technology has gotten to the point where a real train can travel up to 60 miles. so the question is whether the back ups can propel the train to the next station after a failure. thank you. >> thank you caller. >> next speaker. >> you have two que

nasa says the first operational flight of a spacex capsule will now launch on halloween.anese astronaut and three others from nasa will be on board. they will be flown to the international space station for a six-month mission. meanwhile, students in central japan have worked out a way to safely send portions of canned mackerel to the space station. itit heavivily seasoned with so sauce because astronauts experience a diminished sense of taste. and it's made with a sticky starch to keep the liquid from floating where it shouldn'n't. the fish earned d certification from japanan's space agency two years ago. they will travel in a separate spacecraft to the astronauts. hopefully they will say, it tastes out of this world. >>> let's check out the world weather with our meteorologist tsietsi monare. tsietsi, people in the western united states have seen a record number of wild fires this year. they are still dealing with it. how much longer do you think they can survive this? >> it's going to be very difficult for them to move on further because of the damage that's caused in

the actor and director will be on the spacex dragon capsule for its tourist mission to the space station. >> the two-day shopping event will take place on october 13th and 14th much more to come colluding a full house reunion that will make you smile >> and firefighters get some moral support from a galaxy far, far away our extended release melatonin helps you sleep longer. and longer. should help keep these clothes looking newer for a long time. ♪ ♪ these still look amazing! fight color fade with new snuggle supercare fabric conditioner. let's snuggle. you don't just get a bandage you get assurance that we take the right precautions to keep you safe. so you can defend your crew against the flu. get your flu shot safely from our pharmacy experts at walgreens from our pharmacy experts when he was diagnosed my son bewith leukemia.years old he would get sick. aubrey would take him to the bathroom and she would rub his back. our family is fighting this every single day. if donald trump gets rid of our health care law, my son won't be protected. we would have to be making some tough decisions

. >> booking a spacex rocket along with his "mission impossible" director. >> they are set to lift offshoot in outer space. >>> next up, richard nixon memorabilia. >> an illinois man has kept a half eaten buffalo chicken sandwich that nixon munched over 60 years ago. he left the sandwich behind. >> the sandwich has been kept frozen in a container labeled, don't throw away. >>> finally, a colorado family captured a wild scene on their security cameras in a two-hour period. there was a spontaneous wildlife parade. first a bear wandered onto their patio, and then a lion casually as one does strolled by. >> no. >> eventually a deer dropped in. the deer we have to think is grateful that it all unfolded in that order. >> a bear, a lion -- >> and a deer just for kicks. >> oh, deer. >> oh, deer. >> oh, deer. >> oh, deer. thousands of women with metastatic breast cancer, which is breast cancer that has spread to other parts of the body, are living in the moment and taking ibrance. ibrance with an aromatase inhibitor is for postmenopausal women or for men with hr+/her2- metastatic breast cancer,

if you had a problem, you weren't the only one elon musk to plan spacex starlink for several years theelay is around public market, quote, public market does not like erratic cash flow, ha, ha, ha hold me to it. meantime, fiat will hold $9.5 million conducting a review of clients regulations. fiat chrysler did not admit or deny wrongdoing. stems from the skandal the company agreed in 2019 to a settlement around $80 million from the doj and produced false results on deeziesel emissions tests. >> and now to the house. the plan totals $2.2 trillion in additional spending. we join tracie potts live with more good morning >> good morning. it sounds like a lot of money but it is a slimmed down plan for the democrats. they sliced a trillion out to try to work things out with the white house, which have been stalled for months now since july we do know that house speaker pelosi and mnuchin have been on the phone and they are supposed to talk again today. hoo err is what that could look like billions for staltes and local governments. sort of a bailout for airlines preventing any future furloug

targetinga and spacex october 31 for the launch of the agency spacex screw one mission with astronauts space station. the new target what de-conflict the launch with the arrival of the soyuz launch in landing operations. tesla's plans to build a $25,000 car and its push into china are not wearing its biggest rivals on the mainland, not just yet. ng motor say tesla is helping grow the popularity of electric vehicles which benefits all many factors. they told tom mackenzie they see strong growth ahead. >> the first half clearly impacted by the pandemic, especially fiber and march -- especially february and march given that china is still down and everything so i think that last half stronger than the first half in china. and we are heading to the golden season of auto sales, september, october and november. i think we have a strong momentum we expect for the business. tom: what are you prioritizing in the next 12 months for post-ipo? >> investments into r&d efforts. we expect to launch our xpilot 3.0 in the next few months. we are excited to watch. we are also investing into areas of bra

five years ago a spacex rocket exploded shortly after takeoff. it was tracked to a tank inside the rocket. so the tests revealed that the trap for 10,000 pounds were failing at 2,000 pounds. that's when spacex learned they could not rely on external and needs to test every component internally. so as muni performed tests on the remaining batch of failing splices and if not, why not? the second point is that the picture of the failing splice showed that it failed at this weakest point, which is the tread for the clamping bolt. so the failure of the splice could have been cured by an overtightening of the bolt and it resulted to the failure. so the question for muni is whether muni used specific bolt specifications to tighten splices and if not, why not? the last point is about subway cars is that battery technology has gotten to the point where a real train can travel up to 60 miles. so the question is whether the back ups can propel the train to the next station after a failure. thank you. >> thank you caller. >> next speaker. >> you have two que

cr cruise will take the spacex rocket there. even nasa is excited.asa administrator says in a tweet he hopes the movie will inspire new engineers and scientists. cruise will take off into space in october of next year. up, up and away. >> so does he take a camera crew with him? we're all doing it from home, you can set it up yourself. >> i hope it's not just a small section of the movie. hopefully it's worth the budget. i'm sure it will be a big budget. >> we will see. kari has a look at our forecast. it's the first full day of fall today. >>> yes, and it's going to be a great day, really nice weather as we're starting out with this clear morning as we check out our live view in the south bay. as we are going to see temperatures today remaining very normal for the first day of fall. we'll see some 70s by the bay. some upper 80s for the north bay, further inland as well as parts of the tri-valley into the east bay. high pressure building and with that we'll see an offshore wind flow because the winds circulating around that high pressure will be clock

you are looking at the spacex launchpad. we are expecting a launch imminently.launching a starlight satellite. the weather does not look good. this was postponed already. joining us from san francisco is ed ludlow. we are about to see liftoff. with think it is going to happen. another 60 going up takes us to 800, right? ed: right. they want to deploy the network in north america and expand globally from plenty 23 onward. the target is much bigger than 23 onward.3 the target is much bigger than that. it is an intricate science. maintainlites have to a constant out the dude of 340 miles above earth. it is described as a game of soccer. guy: it is very complicated. getting the things into the lower orbit also incredibly complicated. it has been canceled, or postponed. we did suggest maybe the weather was not looking that great. it seems like the last minutes, we have been denied. nevertheless, it is fascinating science. the other subject i would like to get your take on is what is happening in terms of the uber story. it is time for a bloomberg business flash. buy

smooth and predictable, star link is expected to bring in and make ten times more money than the spacex worth around $30 billion each year, star link in spacex was valued $42 billion in private around. stuart: he is the boring company, tesla electric car company, spacex, nero link, the brain with the computer and he has a satellite link, star link, all of that, he started all of those companies in the last 25 years. susan: some people say he might be the richest man on the planet one day. stuart: i don't care about riches, i think he's genius. not just talk about or the visionary but do it. that is something else. >> he has the personality to match to. stuart: hats off to elon musk. i never used to say that but i do now. electric vehicles, show me nikola down 18 bucks a share, down 4%, trevor milton, has more problems. susan: he was supposed to be the next elon musk in a troubling story affecting the stock down 4% to women including his cousin have come forward to accuse the billionaire electric truck founder of sexual abuse alleging improper groping and both women to the incidents took

on connecting buyers and semiconductorers sellers in it the private market the companies include spacexn the co-founde and managing partner of bracket capital. they specialize in private markets. very good afternoon you to, thank you for joining us zblfr pleasure to be here again. >> what is your take on essentially j.p. morgan moving into this space? is there enough demand out there for the ability to trade private market companies >> absolutely. you know, i would say actually that the challenge will be on the other side of the equation demand is very strong. increasingly strong from various different investors that i classify as cross over investors. you see banking clients looking for the shares so it's no surprise that j.p. morgan and other banks will follow suit in the very near term by nature, private markets are capacity constraint, however and so getting allocations in the size which is necessary to get that demand i think will prove to be more of the challenge than the demand side of the equation than itself. >> you've been involved in this area for a while a little ahead of j.

. >>> well, that is a new prototype from spacex, that is taking an impressive first hop.tarship rose 500 feet, 150 meters, during this test flight in texas last month. the reusable spacecraft will be the most powerful launch vehicle developed. starship is supposed to take up to 100 tons of cargo and crew to orbit. then, the moon, mars and beyond. if the prototype lookses boxy, it's missing the nose cone and fins. >>> in a sign of recovery from the coronavirus pandemic, some theaters in china are reopening. and the box office attraction is a film that hollywood hoped would be a blockbuster before covid struck. we have details from beijing. >> reporter: tickets in monda s hand, ticketgoers are going to the movie theater. i really miss it, she tells me. she is here to see "tenet" the sci-fi thriller, produced by warner brothers. this is the first major hollywood release in china since the covid-19 outbreak that's expected to attract large audiences. china is allowing theaters like this one here in beijing, to reopen at 50% capacity. they've got several seats, as you can see

. >>> and move over nasa and spacex.new company joining >>> the race to space for tourists is heating up as virgin galactic is preparing for its next test. two pilots will be conducting a test on october 22nd. if the test fight all goes well, they plan on flying its founder, sir richard branson, some time early next year. it will be the company's first space flight since february of last year. it's going to launch at its operating base in new exkmexico. >>> the giants have a long list of players who are in the hall of fame now a part of their trail blazing coach is there as well. >> this is wild. the jersey alyssa wore is now in the hall of fame in cooperstown. the giants hired her in january, making her the first woman to be a full-time coach in major league baseball. she was coaching first base against the a's. she has since donated the jersey she wore at dodgers stadium on july 23rd, a regular season game, it all counted. she took that jersey. it's down in the hall of fame. she says it's surreal and it goes beyond her

what is spacex doing in space that all of these others cannot do, this is a joke and it cannot happenand he is doing it. it comes down to getting the best people in the world and your degree and subject matter with the greatest amount of money and lowest cost of capital to do crazy stuff that no one else is willing to do. people,combination of money, and a risk-taking culture to do crazy stuff that when you are a part of a storied 1970's era chemical company, this is the way it is done, and many of these battery companies are owned by chemical companies, you get expert bias. i think that the story of disruption is one where using the words "it has always been done this way" or "it has been done this way for 100 years" is a weakness. stockit seems like a safe , so how do you value a stock that is inspired -- in part space? adam: we wrote a piece on the power of hope, and this is nothing new. , westinghouse, and nikola tesla were having their which over the current or manufacturing technique for the lightbulb, you can read the hype of the market and the role of governments. it was prett

there will be a spacex launch.that they are to moveour after claims a satellite into orbit. jonathan: coming up next on the program, seema shah, principal global investors chief strategist. this is "bloomberg surveillance ." ♪ >> i think there's honestly much more rationality in the equity market when we look beneath the surface. >> there's all this comfort globally around debt levels, and at some point it will be too much. >> the fed needs help. the fed needs a partner, and the partner is fiscal policy. stimulus would be a nice to have. i don't think it is a need to have. >> the only reason not to be pragmatic is fear of instability, which doesn't seem to be in the cards. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. good morning -- tom: good morning, everyone. a simulcast on bloomberg radio,

. >>> it took a couple of tries but spacex launched its next batch of star link satellites.nded safely on the recovery drone ship >>> a u.s. court had ruled the nsa surveillance program uncovered by edward snowden was illegal. the court also ruled that the u.s. intelligence leaders who publicly defended it had lied. you are up to date back to you. >> that will be a big story. >> thank you very much >>> let's hear from rahel now. she has a few bright spots ae mid today's sell off >> cruise lines are holding onto their gains. carnival was up 10%. they are set to sart some itali italian cruises. that's helping some other travel and leisure stocks some of which are negative but holding up much better high is up above 3%. mgm almost down half a percent hotel operators like i said, hilton and hyatt some of the retailers are in the green. pbhp even kohl's and macy's. we should say all of these names, especially kohl's are down on the year between 30 and nearly 60% h and r block is a big out performer. last i checked it was up about 2.6% tyler, the banks are also out performing look

spacex has placed 64 more satellites into orbit. a rocket took them into orbit from florida. it is the 12th the batch of satellites for the company's broadband network. rocketalso recovered the booster with a controlled landing at sea. global news 24 hours a day, on-air, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. ♪ vonnie: it is 1:00 in new york 6:00 p.m. in london, and 1:00 , a.m. in hong kong. i'm vonnie quinn. welcome to bloomberg markets. in just a few moments, and inclusive interview with bill ackman of pershing square, an update on the spac and the market turmoil. let's get to the markets. the vix today is above 30, the worst day for the nasdaq 100 so far since march. the nasdaq down 5%. the s&p down 3.5%. the dow down 2.7%. several individual companies have been doing extraordinarily well such as doc you sign, down 12%. tesla down 8%. the vix at 32. then we have everything else also being dragged to lower, $41.20 a crude oil, barrel. this morning, we got economic data sh

. >> another successful mission for spacex.con 9 rocket launching from kennedy space center about an hour ago. it is stopped with 60 starling satellites that will orbit earth. they will attempt part two of the mission later this morning. and that is pretty complicated because the company will try to land part of falcon 9 on a drone ship which is stationed in the atlantic ocean. >>> developing news in the controversy over nancy pelosi's san francisco hair salon visit. the house speaker says that this was a setup and that now the salon owner says that she is getting death threats. so here is the photo that started it all. the salon owner originally provided to fox news. now as we have discussed many times before, indoor hair services are still off-limits right now under san francisco health orders. amy hollyfield is in the newsroom with reaction to these twists and turns. >> reporter: the stylist who did nancy pelosi's hair has hired an attorney. and he is taking aim at the salon owner who leaked that photo saying that she gave h

. >>> and move over nasa and spacex. there is a new company joining the space race.or the biggest sale of the year on the sleep number 360 smart bed you can adjust your comfort on both sides... your sleep number setting. can it help me fall asleep faster? yes, by gently warming your feet. but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. will it help me keep up with mom? you got this. so you can really promise better sleep? not promise... prove. and now, all beds are on sale. save 50% on the sleep number 360 limited edition smart bed. plus 0% interest for 36 months & free premium delivery when you add a base. ends labor day. an army family who is always at the ready. so when they got a little surprise... two!? ...they didn't panic. they got a bigger car for their soon-to-be-bigger family. after shopping around for insurance, they called usaa - who helped find the right coverage for them and even some much-needed savings. that was the easy part. usaa insurance is made

if you can believe it, he'll be filming at the international space station so crews will take the spacex rocket there. details of the movie limited right now. but even nasa excited to have the actor come aboard. nasa administrator tweeted that he really hopes the movie will inspire a new generation of engineers and scientists. crews will take off into space in october of next year. take me away, scottie. >> that's a different show. >> we haven't even seen "top gun 2" and it sounds like they have "top gun 3 in space" going on. >> in the bag. it could inspire some more scientists and engineers but, you know what, some meteorologists as well. meteorologist kari hall keeping track of what we can expect here on earth. >>> yeah, that's pretty cool, though. we'll be checking that out. let's get a look at our live view in dublin. a lot of people already up and out the door. if you're about to head out, check out the seven-day forecast coming up at the bottom of the screen and we'll go by each microclimate. let's start out in the south bay with temperatures in the low 80s. another really nice one

spacex, tesla chief is not even close to being finished with this kind of a thing.is to put more than 12,000 up there with the hope of previous providing high-speed internet everywhere on our little blue marble. stick around. ♪. one second... sure. okay... okay! safe drivers save 40%!!! guys! guys! check it out. safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!! that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! he's here. he's right here. - hi! - hi. hey! - that's totally him. - it's him! that's totally the guy. safe drivers do save 40%. click or call for a quote today. i wondered.. could another come around the corner? or could it play out differently? i wanted to help protect myself. my doctor recommended eliquis. eliquis is proven to treat and help prevent another dvt or pe blood clot. almost 98 percent of patients on eliquis didn't experience another. -and eliquis has significantly less major bleeding than the standard treatment. eliquis is fda-approved and has both. don't stop eliquis unless

. >>> also happening now, another successful launch for spacex. about 60 minutes ago, the "falcon-9" rocket took 60 satellites into orbit after blasting off in a picture perfect event atful florida's canalival. landed on a drone ship in the atlantic. >>> coming up next, a quick look at the top stories that we're following for you on this thursday morning, including ready to reopen. the latest bay area county letting salons and barbershops open indoors and how you can book an appointment. >>> plus, facebook now planning an about face in the run up to the election in an effort to sway voters. you're watching "today in the bay." >>> welcome back. quick look at the top stories we're following for you. >>> including breaking news just in. weekly jobless numbers, 881,000 americans filed first-time claims and it sounds high but actually down from last week which is down more than a million and lower than what the experts were expecting. another 13 million americans did file continuing claims. >>> facebook just announced a new step they're taking to try t

ibrahim, he can be modest on occasion he said that he thought there was, you know, little chance that spacex and tesla would ever succeed when he cashed out of his shares of paypal is this another case of him being modest he is already beating the competition. where does battery day place tesla in terms of that competition with volkswagon and others coming out with ev autos over the next few years? not just one year but a few years further than that. >> so that's the biggest issue is volkswagon. volkswagon after their issue with diesel gate had all this lead time to start pivoting towards ev so they have all this technology, all this momentum, all these models that are going to be entering the market, which some of them already have and more and more as the years to come so tesla had this entire landscape to itself. now it's going to have to start competing with these legacy players who also have a lot of money, a lot of experience building really great interiors. people are used to them. they love some of these brands it's going to be a lot harder just to -- it's going to be a lot harder to

shuttle almanac which identified the actor along with a movie director as two of the tourists on a spacexduled for october 2021. cruise teamed up with elon musk for nasa's first narrative film, a 200 million-dollar project backed by universal. i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades. ♪ ...i was just fighting an uphill battle in my career. so when i heard about the applied digital skills courses, i'm thinking i can become more marketable. you don't need to be a computer expert to be great at this. these are skills lots of people can learn. i feel hopeful about the future now. ♪ ♪ you can go your own way ab♪ go your own way . your wireless. your rules. only xfinity mobile lets you choose shared data, unlimited or a mix of each. and switch anytime so you only pay for the data you need. switch and save up to $400

i've actually been working with microsoft outside virginia to do white spacex fermentation on the last problem. i've been a huge supporter of commercial satellite for years to make sure we have an alternative delivery over the last two and a half years, i would love the bipartisan effort in the senate to come up with plans to counter china, 5g china has taken the lead. on the intelligence committee and how we counter the 5g and even the next generation ofra wireless, bipartisan legislation is already been put in to the bill that would make national commitments the. >> thank you.io >> the department of health showed latinos represent more than 30% of coronavirus cases in the state when the only account for 10% of the population, about 10% 1. the percentage is even higher in places like fairfax county, what you think is necessary to stop the spread of the virus in the latino community what kind of commitment you makeni today to help the hispanic publishing be saved froman covid-19? >> it's a huge problem not just in latino community but also black community around the country. there are

this is the summer of pandemic but also the summer of spacex.ouble with the who from the white house level, the gates foundation is making a tremendous contribution. i think it's the second largest funded. even within the government the federal reserve's not only help the u.s. system but, frankly, these swath lines that created the first and financial crisis have been critical to keeping liquidity going. i think the american system has a huge resiliency. because we debate in public, there's Ãbit's always a struggle but that's how we come to terms with ourselves. i'm a little worried about the international system because as my book talks about with alliances and economic arrangements, once frayed they can be harder to put put back together. and were looking at it interplay of forces triggerions influences, we see politics a campaign driving some of the president's message but at the same time we have the peace deal, the normalization of relations that does not announce. on one hand hesitantly drive campaign and poetry but behind the scenes he's

spacex scheduled to launch a new starlink mission. 60 satellites put into orbit when they launch from the kennedy space center. the satellites will deploy about an hour after liftoff according to starlink. >>> hey, marcus, you need new shades. facebook teaming up with the maker of ray-ban to release the first pair of smart glasses next year. all part of a new multi-year partnership. mark zuckerberg says they'll mirror the display of a connected smartphone. >> i do need a pair. >>> let's head outside and head out east to the big apple and in case you're wondering where all that smoke from the bay area is going some of it made its way to the east coast and past that to northern europe. well, we, of course, feel their pain right now and, of course, very relieved that we're not dealing with another spare the air alert day. so, kari, i mean, that's the thing. you told us about that in the beginning of all this that a lot of times we can see that smoke head to the east coast. >> yeah, i mean, that's what we can see even as we take a look at some of our models. this one shows the smoke pollu

look at this story, spacex celebrating the newest successful launch, the falcon 9 rocket carrying satellitesh and south poles. they blasted into space overnight. this is the first polar orbit launch from florida in decades. now the launch did catch some people off-guard. people who live nearby they were startled by a sonic boom. that noise was caused by the rocket booster landing on the launchpad. that is different type of news. >>> up next, director of intelligence john ratcliffe telling maria bartiromo more declassified documents are coming that could impact the criminal investigation of trump-russia probe, defending his hitting pause button on individual security briefings for congress, blaming congress for leaking classified information to the media for political purposes. this is a hot button story. we're on it. stay right there. we made usaa insurance for veterans like liz and mike. an army family who is always at the ready. so when they got a little surprise... two!? ...they didn't panic. they got a bigger car for their soon-to-be-bigger family. after shopping around for insurance, th

someone who would be interesting in that storing is elon musk, who created spacex and the chief executiveextraordinary shareholders meeting, one with a difference. that is coming up and as mentioned, i'll be talking to the chief economist of the institute of directors about the new measures introduced in the new measures introduced in the uk and it means for business, and we will be talking to a behavioural psychologist on how to successfully change our behaviour. all that soon. hello there. tuesday marked the autumn equinox, and also the last of these very warm and sunny days. we saw 26 degrees in santon downham in suffolk on tuesday afternoon. by friday, it looks like temperatures in suffolk will only manage to make around 12 or 13 degrees. so, noticeably colder as we end the week. and the change comes behind this cold front, which is slowly spreading its way southwards and eastwards early on wednesday. ahead of it, there will be a lot of cloud around. some showers too, longer spells of rain, some of which could be on the heavy, maybe thundery side. but for scotland and northern ireland

spacex is making minor changes to its dragon capsule ahead of the manned mission to the internationalstation. it is reinforcing the heatshield after finding erosion and it is installing a more powerful pressure sensor which will allow parachute to deploy at a higher altitude on return to earth. nasa says neither issue presents any danger. 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 am karina mitchell. this is bloomberg. shery: let's turn to a quick check of the markets right now. we are seeing u.s. futures holding onto modest gains, gaining .1%. this after we saw stocks falling in the regular session. this ahead of the first presidential debate in the u.s. japanese futures holding steady at the moment. quitepanese yen has been weak lately against the u.s. dollar at a two-week low. in fact, we get come in less than 20 minutes, the japan retail sales in august industrial production numbers so watch out for that. two futures under pressure -- sydney futures under pressure. we continue to

and the boring company. >> spacex.e the guy has a shot at a trillion. >> wow coming from a man that was a musk naysayer a few years ago. stuart: i was completely wrong. i take it all back. oh, they're playing that song we got to move on sorry susan. zoom communications look at it. up $119 per share, now, it was up 150 oh, it's pulling back a bit still at 444 and stay-at-home stocks another couple of winners, docusign, that's the e-signature company, a lot of success this year, that stock is up 16% as of right now. look at slack software company, got it right now stay-at-home stocks continue to see success as the pandemic keeps going slacks up 4%. how about teledoc health, a crucial system to allow people to get online medical visits up nearly 3% and look at trulio, did i pronounce that right? >> yes, that's right. that was impressive. stuart: they're up 2.5%, communication system getting a nice bump there. 276 and president trump will soon board air force one on his way to kenosha. we'll take you live there, later this

after another successful spacex launch.ight satellites. very productive. nasa boost as system artemis missions to the moon. watch this. >> 3, 2, 1, fire. brian: i think that's success. the test lasting just over two minutes producing more than thr, exclamation point. an important milestone as nasa aims to boots on the ground by 2024. steve? steve: brian, thank you. meanwhile down here on earth businesses around the country still closed and millions out of work. so have the lockdowns been effective? well a foxnews.com op-ed says data shows the covid-19 lockdowns are a failed experiment and did not contain the spread of the disease. the author of that article, donald luskin from the analytics firm trim macrojoins us right now. fox news medical contributor and author of "make america healthy again dr. nicole saphier. good morning to both of you. >> hey there. >> good morning. steve: don, this op-ed you wrote really got our attention. in particular, at the end of the first sentence, first paragraph you say but now the evidence

in june 2020 media articles reported that malicious actors congratulated nasa and spacex on a crude demonstration flight and then announced they had allegedly breached and infected a nasa contractor specifically one that provides tblg, cybersecurity and cybersecurity to the agency. if true, that's a concerning report and part of the reason we're here today. protecting nasa's i.t. and data during the pandemic demands vigilence. however, nasa cybersecurity challenges don't begin and end with the covid-19 crisis. multiple nasa ig and gao reports have identified weaknesses and ongoing concerns with nasa's information security. further, they have ranked this issue as a top agency challenge. ensuring effective cybersecurity at nasa becomes even more pressing given rapid advances in i.t. supply chain risks, nasa's culture of openness and partnerships and the overall increase in space activities. nasa is a national treasure. its missions continue to inspire both young and old and nasa's cutting edge space technologies, research and spaceflight experience are the envy of the world. nasa's accomplishments

nowadays, it's tech giants like spacex with headquarters at the local airport, but the heart and soul of hawthorne was and is working families. strivers who stay close and look out for each other. this is a story about one of those families. they faced ups and downs like everyone else and always worked through them together. until one moment. one morning. one bullet came to tear them apart. growing up, sisters crystal, michelle, and monica taylor were always there are if each other. >> we have this tradition of having a family support group. >> it was their mother known as momo who set the tone. >> i thought it was the most wonderful family there was. you know, my mom and i were best friends and my little sister were best friends, you know, so i thought life was great. >> i'm the oldest. michelle's the middle. crystie's the baby and she was every bit the baby. she's my mom's baby. >> crystal taylor was the youngest by six years and both older sisters thought momo loved crystie a little extra. spoiled her, too, say michelle and monica. >> they talked every day and she would just immedi

just keep in mind, you don't know if it will be spacex or blue origin or entrance into space.ewer tweet now. glass capital asks hi guys i learned about tesla and i'm told i'm getting a great deal after the stock split. should i buy on today's weakness thanks, a great deal after the stock split. where do we begin for glass capital? >> there is no deal with the stock split. it's not any cheaper than it was the day before it split or anything like that 5 for 1 or 4 for 1 you don't have to out lay as many dollars per one share you buy. i just want to be really clear about that because we saw how these stocks, this and apple performed after they announced those stock splits and just all the garbage that goes online and people talk about this and/or t or whatever. you have to think about is this a good entry point for the stock if you really want to own it what is your upside target and where are you willing to stop it to the downside because a stock that's performed like this that traded as low as $80 this year or less and now is trading at $475, you know, you have to ask yourself

musk and tesla is they tackle these big, huge harry physics problems that's true of tesla, true of spacexng to follow in his wake how hard it is even though every year or two we get these stories about here's the next tesla, we haven't seen it yet >> i think i guess, jon, i don't own one but people who do talk about the interior is so clean and the technology so amazing. head and shoulders above anyone else trying to do it and then i think about the battery. that's not -- that might be rocket science i was going to say, it's not -- i think maybe it is rocket science, isn't it? >> it is such a good cliche to use. you can't use it with elon musk. is it -- >> rocket surgery. rocket surgery. >> he could probably do the brain surgery, too, i don't know it's one thing to look at where the stock is any particular day of the week. yes, that is important hugeness, the size, the significance of the problems that tesla has significantly and successfully tackled up to this point, that's real. >> i mean, i can remember the -- what we used to think about with an electric car. i remember a clip with the

space was the purview of government contractors, defense contractors and the government but with spacexs leading the charge with virgin galactic, yeah, sure they're going to launch the commercial business, officially open it up for commercial service early next year with their first customer will be sir richard branson. we're expecting that either in q1, q2 of next year and then away we go if you look at the backlog, they have over 600 reservations where folks have paid deposits, meaningful deposits, 80 to $100 million of deposits. beyond that with smaller deposits, they have 8,000 reservations so now when you think about space tourism, you've got to think about it from the perspective of climbing everest and other things like that it's experiential, so on and so forth. yeah, we do believe it's there the technology has got skren tea point where you can see that happen you're seeing it across the board. virgin's particularly interesting because it's one of the only -- it is the only publicly traded way to play the commercial space trend for public equity investors. maybe others will come

tesla, boring company, spacex. susan: neurolink. stuart: what a guy.et. stuart: works for me. susan, thank you. let's get to minneapolis. businesses there still trying to pick up the pieces after the riot after the damage. one liquor store reported losing a million bucks in stolen property. how will that play with minnesota voters in we're on it. >> california democrats blame game on wildfires, all because of climate change according to them. nothing to do with for rest city management. we'll discuss. introducing stocks by the slice from fidelity. now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. with the icon that does the same. the rx, crafted by lexus. lease the 2020 rx 350 for $409 a month for 36 months. experience amazing at your lexus dealer. it's made for this guy a veteran who honorably served and it's made for her she's serving now we made it for all branches and all ranks whether they served one tour or made a career of

cruise shooting for the stars for upcoming movie, he's targeting october 2021 launch on elon musk spacexational space station, this would be the first action movie from space, dagen. is this going a bit too far for a movie? dagen: not for tom cruise because he has notoriously performed his own stunts in the past. it's not easy trip to space. there's bathroom management that he needs to read up on. i know astronauts have given him instruction about that. maria: unbelievable. meanwhile a giant leap for women. people are over the move that program is a go, first woman in the moon in 2024 after test mission in 2021. dagen: it's about time. let's get on top of this. can i add one thing about the johnson johnson johnson trial. this is a big trial as well. it's got -- they are recruiting 60,000 participants and first vaccine that's a single shot that would be in phase 3 testing. this is a huge, huge development and something that donald trump will be talking about during that debate next week. maria: absolutely. markets are actually reacting pretty strong, j&j beginning late-stage trial. a sing