🗞️Rocket Launches, TikTok Update, And Taxes

January 16, 2025

January 16th, 2025

What happened today 🇺🇸,

SpaceX catches its Starship rocket back at the launch pad, but the spacecraft is destroyed

SpaceX has launched its Starship rocket on its latest test flight. Elon Musk's company caught the booster back at the pad on Thursday, but lost contact with the ascending spacecraft as engines went out.

apnews.com/article/spacex-elon-musk-starship-e165e81ed2350ce684c7ed8d9357d7ba

  • Elon Musk’s SpaceX launched its seventh test flight of its Starship rocket, however lost communication with the unscrewed upper stage of the rocket that continues on into space

  • Jeff Bezos’s Blue Origin launched their New Glenn rocket into orbit today after their technical issues delayed the scheduled launch Monday, the inaugural flight test was successful

  • TikTok CEO, Shou Zi Chew, will attend Trump's inauguration, the Trump administration is considering an executive order to suspend the ban of the app next week. It has also been reported the Biden Administration is considering ways to keep TikTok available in the U.S.

  • Gov. DeSantis of Florida today named Ashley Moody, Florida’s attorney general, to replace Marco Rubio in the U.S. Senate after he is confirmed to be Secretary of State

  • The average 30-year mortgage rate has jumped to 7.04%, the highest level since May 2024

  • The IRS has officially announced the beginning of the 2025 tax filing season: The agency will begin accepting 2024 federal tax returns on Monday, Jan. 27, 2025

  • Trump is reportedly considering "a government program to buy and hold billions of dollars in Bitcoin" through a Bitcoin reserve

  • The FDA today authorized the marketing of Zyn nicotine pouches 

  • American Express will pay a total of about $230 million to resolve federal wire fraud investigations and to settle civil allegations of deceptive marketing

  • DOW down .16%/ S&P down .21%

  • Since the Gaza ceasefire deal was announced yesterday Israeli PM, Netanyahu, has said that the deal is not complete as Hamas has caused a change/backed out on part of the agreement, this issue has caused a delay in the Cabinet vote from Israel and so the ceasefire is not yet finalized and delayed

Plus: A look at the largest central banks in the world 🏦 

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Have a great night!

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