Elon Musk Calls For Suing Jeff Bezos' Blue Origin Space Company As Billionaires' Battle Takes Nasty Turn: 'Not Cool…To Impede SpaceX's Progress By Lawfare'
Portfolio Pulse from Shanthi Rexaline
Elon Musk has called for suing Jeff Bezos' Blue Origin after the company filed a public comment urging the FAA to limit SpaceX's Starship launches. Blue Origin's actions include capping launch rates and imposing penalties for violations. Musk criticized these moves as attempts to impede SpaceX's progress.
June 26, 2024 | 8:16 am
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The Procure Space ETF (NASDAQ:UFO) could be impacted by the ongoing legal and regulatory battle between SpaceX and Blue Origin. The ETF, which includes space-related companies, may see volatility due to the uncertainty surrounding SpaceX's launch plans.
The legal and regulatory challenges faced by SpaceX could create uncertainty for the space industry, affecting the Procure Space ETF, which includes companies like SpaceX and Blue Origin.
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IMPORTANCE 60
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