How Elon Musk’s new rocket could transform the space race

Oct 12, 2021

Discover how soaring oil prices mirror the resurgence of demand against limited supply. Delve into the leadership changes at KKR and their influence in corporate America. Unpack Elon Musk's ambitions with SpaceX and its Starship project, aiming to revolutionize space travel. Explore the competitive dynamics of the space race, where Musk leads the pack amid increasing fears from rivals. Plus, learn about the groundbreaking work of this year's Nobel Prize-winning economists.

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INSIGHT

Oil Prices Soar

U.S. crude oil prices reached a seven-year high due to supply fears and increased demand.
This surge poses a challenge for the Biden administration.

ANECDOTE

KKR Founders Step Down

Henry Kravis and George Roberts stepped down as KKR co-CEOs after nearly 50 years.
They pioneered the private equity buyout, transforming corporate America.

INSIGHT

Leveraged Buyouts and Junk Bonds

Kravis and Roberts's leveraged buyouts disrupted inefficient corporations in the 1970s.
Junk bonds, pioneered by Michael Milken, enabled these buyouts.

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