an exciting day for the to -- town of vanhorn, texas. a lot of emotion here. lot of people are still processing this. we talked to employees on the ground and there in all. -- awe. today is a day to celebrate. caroline: what a poetic pair you are. thank you so much. quite the day for blue origin. quite a day for stocks. what a bounce back. emily: you saw green on the screen today. the biggest rally since march. i want to take it back to the blue origin story. you wouldn't have talked about this. it absolutely is. a risk on day in broader markets. that lifted amazon, tesla, but virgin galactic, down on the day. one of the few stocks down today. this in reaction to the lodge. you saw as jeff bezos was ascending, amazon prices soared as well. dropping more tesla share prices and virgin galactic. lets you map for a second and see how some of the space etf's were doing. i want to point out some of those holdings, -- these are them. look at the green on the screen appeared all thinking they will thrive off the bloomberg -- space economy investment. i was going to sa

shery: ed ludlow in vanhorn, texas, our west coast reporter.the latest on the launch our special coverage of the blue origin launch starts at 8:30 p.m. hong kong time in 8:30 a.m. on the u.s. east coast. you can also turn to your bloomberg for more on this, tliv has commentary, market analysis from bloomberg expert. plus -- experts. plus or on the evolution of the space industry, within -- with another guest, tracking debris and low-earth orbit. haidi: headlines, a brazilian mining giant produce less iron or than expected. the world second largest producer turns out 76 million metric tons compared to an estimated 78 alien tons. a major market swing factor --remains high despite titus push to curb emissions. --close its adelaide casino. the south australian government moved to alert level for in response to for community cases. sky city will remain open for existing hotel guests and new zealand cross -- properties are unaffected. -- start labeling health videos with a move on how authoritative the source is, days after president biden addre

emily chang has been with the astronauts at the center outside of vanhorn, texas.m bezos as they prepare for this flight? emily: the energy here is palpable. as we prepare to load into that crew capsule, we are told it is going to be a very sensory experience for them. they are going to hear the engine venting, and suddenly it is all going to become real that they are going up to space in a matter of minutes. as you said, it is a quick 11 minute flight. i think of it like a couple of roller coasters back to back. it is going to be quick. and hopefully for jeff bezos, it will be his dream come true. a dream come true for wally funk . and perhaps once they go and come, they will have an experience of the change astronauts report, of seeing the spectacular view of earth that you can only get from outside the atmosphere. tom: jon ferro mentioned mr. funk, 82 years old. tell us about the ethical care with 3g's going up and five or six geez -- g'going down. emily: the astronauts were medically evaluated for this flight. it is that ultimately anyone can go up and down. yo

vanhorn has not made any sort of direct investment in the town.f there going to offset the carbon for example. they have this massive net emissions goal. i've spoken to their weakest competitors in the industry and none of them would say this is a frivolous exercise. they think it's very important. basically the view of the private sector is if this mission is successful it just adds momentum behind all the space initiatives. it gives visibility to projects that need more money. the reality is this is just the tip of the iceberg for blue origin's ambition. they are behind schedule on all their other project. they are getting beaten by spacex. they have a lot of catching up to do. this would be a step forward for their business. ground control, back to major tom. tom: thank you. david bowie in vanhorn texas today. how do i come back from that. the best thing would be to go to ian bremmer. dr. bremmer. that was not cuba and not 80. i've got to go 230 two miles, havana cuba to miami beach as well. your thoughts as you and i study back 60 years on wha

i also want to thank the town of vanhorn, a small and amazing little town. and we are making a tent in it. and we -- a dent in it. and we appreciate you making us a part of your town. i also want to thank every amazon employee and every amazon customer, because you guys pay for all of this. [applause] so seriously, for every amazon customer and every amazon employee, thank you from the bottom of my heart, very much. it is very appreciated. [applause] now, on to how it felt -- oh, my god. [laughter] my expectations were high and they were dramatically exceeded. we were talking about this a little bit on the car right on the way back, and i don't know, this zero g piece may have been one of the biggest surprises. because it felt so normal. it felt almost like we were as humans evolved to be in that environment, which is impossible. but it felt so serene and peaceful, the floating. it is much nicer than being in full one gravity. it is a very pleasurable experience, just the way it feels. the most profound piece of it for me was looking out at the earth, and th

good to tokyo, rob reynolds journey from vanhorn, texas, the side of the blue origin launch today. where on 2 other news now, 3 rocket attacks in the afghan capital cobble have a look at this time in the now that could be heard. and there's another one as well. president enough? counting the leading 8 prayers at the presidential palace. one of them hit cobblers, most popular mosque and other was behind its biggest shopping mall. the food was near the ministry of foreign affairs. no reports of injury so far off from our diplomatic editor, james bass, who is incapable certainly there was a big shock for people in the very center of cobble. when they heard the bangs i was staying in the center of cobble at around 8 o'clock this morning. when this took place, now in the immediate aftermath, you're a spoke to a senior member of the taliban who said that they were behind this attack. but the taliban then never made any formal statement. and i statement then came out from i saw saying that they carried out the attack. i've spoken now to the tell about an official spokesman, so hell shahee

we will be in vanhorn, texas. haslinda: stocks are under pressure. the delta variant is throwing a span in the works. travel restrictions are in place for some parts of the world. rishaad: as we get signs of people questioning whether inflation will be transitory or longer, but how this variant of covid is affecting economic growth. could it derail economic growth? people looking at china suggesting they could have had peak group -- peak growth already in their recovery and asking whether other parts of the world are seeing if the situation therein is as good as it is -- as good as it will get. let's get over to julia sally -- two juliette saly. perhaps they are adding a little drag up with the move? reporter: you took the words out of my mouth. that move you're seeing in u.s. futures and helping out asian equities, although we are lower for a third session today as we continue to see the concerns about the delta variant way. we're seeing financials under pressure which is what we saw in the u.s. session two, but the regional benchmark index is comin

i also want to thank the town of vanhorn, a small and amazing little town. and we are making a tent in it. and we -- a dent in it. and we appreciate you making us a part of your town. i also want to thank every amazon employee and every amazon customer, because you guys pay for all of this. [applause] so seriously, for every amazon customer and every amazon employee, thank you from the bottom of my heart, very much. it is very appreciated. [applause] now, on to how it felt -- oh, my god. [laughter] my expectations were high and they were dramatically exceeded. we were talking about this a little bit on the car right on the way back, and i don't know, this zero g piece may have been one of the biggest surprises. because it felt so normal. it felt almost like we were as humans evolved to be in that environment, which is impossible. but it felt so serene and peaceful, the floating. it is much nicer than being in full one gravity. it is a very pleasurable experience, just the way it feels. the most profound piece of it for me was looking out at the earth, and th

talk to us about the impact blue origin has had on vanhorn. what have people been saying?ted to -- excited. >> more than one person has told me it was the most exciting thing to happen in their lifetime. this is a community built around ranching. there was mining, irrigated farming. blue origin has been a neighbor for a long time. bezos acquire the land in 2005. they didn't build a launch pad 2014. finally, the company is fulfilling its original mission statement, to send a paying customer into low orbit space. it is crazy it has taken this long. further crowd, they hope it will -- for the town, they hope it will put them on the map. emily: let's talk a little about what we can expect tomorrow. you were on the ground with richard branson at the virgin galactic launch. two different missions, two different kinds of technology. blue origin is going straight up and down, two times as long as a roller coaster. the virgin galactic experience is over an hour. from what i have been told, jeff bezos will feel three times the weight of gravity on them. they will be pushed down on t

caroline: we will head back to vanhorn for more coverage of blue origin's successful space launch.is bloomberg. ♪ (announcer) back pain hurts, and it's frustrating. you can spend thousands on drugs, doctors, devices, and mattresses, and still not get relief. now there's aerotrainer by golo, the ergonomically correct exercise breakthrough that cradles your body so you can stretch and strengthen your core, relieve back pain, and tone your entire body. since i've been using the aerotrainer, my back pain is gone. when you're stretching your lower back on there, there is no better feeling. (announcer) do pelvic tilts for perfect abs and to strengthen your back. do planks for maximum core and total body conditioning. (woman) aerotrainer makes me want to work out. look at me, it works 100%. (announcer) think it'll break on you? think again! even a jeep can't burst it. give the aerotrainer a shot. pain and stress is the only thing you have to lose. get it and get it now. your body will thank you. (announcer) find out more at aerotrainer.com. that's aerotrainer.com. caroline: this is bloomb

jonathan: we should have been in vanhorn, texas yesterday. tom: emily did a great job.onathan: she did a fantastic job. you don't want to go down there? tom: not really. i don't want to be walking around like tim stenovic. jonathan: does the next one really matter? do we have to cover that? tom: let's stop the show. this is really important. what do they do the next time when they've got 3, 4, 5 people going up, but nobody on board is named bezos? that is an interesting question. jonathan: i imagine we pay less attention. your equity market up 13 on the s&p 500, advancing 0.3%. in the bond market, we've talked so much about this the last couple of months, 1.2433%, still exceptionally low considering some of the data coming in and america. euro-dollar, we will talk a little bit more about europe as the day progresses, negative almost 0.1% on that currency pair. taylor: you mentioned the 10 year yield and the reflationary trade that has been backup in the last few days. what does that mean for the 20 year bond auction we get today, about $24 billion? the concessions that

that was ed ludlow reporting from vanhorn, texas.ss our special coverage of the blue origin launch at 1:30 p.m. london time on the east coast of the u.s. to the moon for the rocket and to the moon, over to bitcoin with -- accelerating overnight, down below $30,000. the ceo discussed the volatility in the digital asset. >> investors who are allocating to crypto know that volatility will be out of it. most of the investors are not looking at short-term price movements or short-term volatility. their allocations are over medium to longer term time horizons. i don't think people feel terribly phased when they study movements in the market like this. >> are they phased when it acts like any other risk asset? it falls in line with stocks. michael: it certainly is a diversification play but on days like today when there's market fears, doesn't really seem like there is anything or asset class that can really avoid some of that liquidity coming out of the market and a lot of the deleveraging happening. >> how are you thinking about liquidity

we know vanhorn is a really small town. >> it was surreal.t as a spectator, it was a breathtaking experience. it was nerve-racking. maybe it is in the -- it is the mom in me. i was definitely anxious. even talking to them after the trip was also surreal because you felt like you are part of this history making moment. there has been criticism. there are people out there saying these are frivolous pursuits. we should be focusing on the problems on earth. everywhere you look at this, this was a huge success for blue origin. it took a long time. it was 21 years in the making. jeff bezos and the team pulled it off, which means this future space economy, space ecosystem he talks about is one big step closer to the possibility. haidi: one of the biggest highlights for me it that huge grin on the face of wally funk. 82 years old. she has been training for this moment for decades. she finally made it into space. it was one of the many incredible moments. what comes next? more trips? >> she asked for a little more space on board. there is six feet on-

haidi: emily chang of bloomberg in vanhorn, texas.discussed a future of space tourism. >> what we want to do, we have flagship programs which are among the best in the world. copernicus is a program to monitor the planet, we take the pulse of the planet. we have galileo, navigation program, among the best in the world, with the highest accuracy. there is space science, more exotic, where you look into the universe and see what can be done with satellites, to explore our origins, our universe, for questions like where do you go, where you come from? and to understand other planets and comets, we have fantastic missions. we are planning exciting missions in the future. we have a lot of diverse activities. what i really want to achieve is that spaces put more at the center of the political agenda of top decision-makers in europe , as it is happening in the u.s. and china. i think europe has to catch up in this regard. >> particularly as the billionaires in the u.s. are so far ahead in ways. when you look at the space economy, what is the

bloomberg technology anchor emily chang speaking to jeff bezos and his brother, and she joins us now from vanhorns hard not to feel the enthusiasm in that room. emily: that was the first interview they did after landing, and it was surreal. i didn't go up in the rocket, but just the conversation itself was surreal. they were clearly in a great mood. it was far more than even jeff bezos, who had been dreaming about this all his life, expected it to be. we heard in their double down on the vision. they are building a road to space. they want space entrepreneurs to be able to build the amazons of space. what they don't have now is the infrastructure to do that. bezos wants to pave the way towards that infrastructure, and of course, this was just a sub-orbital mission today. this was just going to the edge of space and coming back down. the next step is orbiting the earth, and they are working on another rocket, the new glenn, that will presumably do just that. alix: so what is next? now that we have proven this use case, what is the focus for jeff bezos when it comes to blue origin? emily: the focus

here in vanhorn, population 1800, hotels are selling memorabilia, there's a mural of the bezos brothers wait to see what it's going to be like >> reporter: it's a flight years in the making, poised to create history. jeff bezos and younger brother mark will be joined by wally funk, who at 82 years old will be the oldest person ever to travel to space. 18-year-old oliver damon is set to be the youngest it's currently go for launch >> we are confident that we will have a safe launch tomorrow. new shepherd is part of a much, m much begigger program. >> reporter: unlike brrichard branson's, this will be the first unpiloted flight it will be the first for a u.s. company. it will launch autonomously with the capsule on top four of the six seats will be filled and special suits or helmets aren't necessary they get two full days of training before liftoff. blue juorigin says the complexiy of the computer code ensure safety >> that is all on purpose, from a fun perspective, amusement perspective but a safety perspective. we think the computer brains are faster and better than the brains here. >>

i think we're a little outside vanhorn, texas.t up very early this morning, no earlier than the astronauts themselves. yeah, astronauts, commercial astronauts. i want to give you a tiktok to we know what we're dealing with this morning as we show it to you live on fox business later in the morning. commercial space flight, used to be the sky was the limit. well, now it's not the limit anymore if you've got enough money to get on board one of these spacecraft. let me tick down how the day is going to go. at 8:15, the as he trough naughts will leave -- astronauts will leave for the launch bad. 8:30 they get into the you tower, climb the tower. 8:36 the hatch closes on the shepherd one, the new shepherd i guess i should call it, the new shepherd, it's an odd toe alan shepherd, the first american in space. 9:00 launch. here's something a lot of people are not clear on. it's going to be a very short flight. about 10, maybe 11 minutes. the booster will land, famously. this rocket that will launch the capsule into space comes back down s

ed ludlow is on the ground in vanhorn, texas. what was it like?bviously, you spoke to richard branson before and after his milestone flights as well. what has been the vibe on the ground? ed: yes, i mean, the mission was executed to perfection. there was a six minute hold on the launchpad where they were double checking some things. in the whole 11 minutes is fully autonomous and everything happened at exactly when it was supposed to. in the moment, you are there, thinking my goodness, what is happening? what is so astonishing is that the audio from inside the capsule was so clear. there was this moment on the way up where jeff bezos out, "don't forget to look out the window." it was astonishing. you can see the loss of words, to remind them to take a look. we later saw the video and they are doing somersaults, throwing ping-pong balls to each other like it is no big deal but that was the whole basis of this flight, that there is nothing much the crew can do. there are no controls in the capsule. going into this, they felt really confident. one of

i also want to thank the town of vanhorn, small amazing town.r all this. seriously, for every amazon customer out there and every amazon employee, thank you from the bottom of my heart very much, very appreciated. [applause] >> now on how it felt, oh my god! my expectations were high and they were dramatically exceeded. we were talking about this a little bit in the car ride on the way back. i don't know. the 0 g peace may have been one of the biggest surprises because it felt so normal. almost like we were, as humans evolved to be in that environment which i know is impossible but it felt so serene and peaceful, the floating. much nicer than being in full one gravity. it is a very pleasurable experience, just the way it feels. the most profound piece of it for me was looking out at the earth, looking at the earth's atmosphere. every astronaut who has been up in space say this, it changes them to look at it and kind of amazed and awestruck by the earth and its beauty but also its fragility. i can vouch for that. when i look out, we are driving o