Motley Fool Money Bezos, Musk, and the Race for Space
Jun 25, 2021
Christian Davenport, a space reporter for The Washington Post and author of The Space Barons, shares thrilling insights about the escalating competition in the space industry. He discusses the implications of Jeff Bezos’s Blue Origin and Elon Musk’s SpaceX in shaping the future of commercial space travel. Davenport highlights the evolving public perception of space tourism and the financial investments needed to cultivate a booming space economy. Tune in for a deep dive into how these ventures could transform exploration beyond Earth!
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Nike's Impressive Growth
- Nike's revenue grew by an impressive 96% this quarter, largely due to a rebound from the previous year's shutdown.
- Direct sales now approach 40% of total sales, highlighting a successful shift towards consumer engagement.
Google's Cookie Conundrum
- Google delayed its plan to remove third-party cookies until late 2023 due to antitrust concerns.
- This delay reflects regulatory scrutiny over Google's potential gain in power, giving competitors time to develop alternatives.
Visa's European Fintech Play
- Visa's acquisition of Tink for $2.1 billion opens doors to Europe's burgeoning open banking sector.
- This strategic move bypasses the regulatory hurdles faced with the failed Plaid acquisition, offering new growth avenues.
