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Wednesday, February 7, 2018

Musk's Falcon Heavy makes it to space. It's The Daily Crunch.

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THE DAILY CRUNCH
WEDNESDAY, FEBRUARY 7 2018 By Darrell Etherington

SpaceX launches its brand new Falcon Heavy for the first time and it went almost perfectly to plan. Also, less ambitious things happened in tech. It's all here in The Daily Crunch for February 7, 2018.

1. SpaceX's huge rocket takes off

Launching rockets is tough business, and launching really gigantic huge rockets is even harder. But SpaceX pulled it off on their first try, sending Falcon Heavy into space and becoming the space company with the highest-capacity active rocket in operation.

Only NASA's massive Saturn V rocket had a higher payload capacity, but SpaceX says it could still make a moon trip with Falcon Heavy – it would just take a few of them working together.

2. Focus shifts to BFR for SpaceX now

So SpaceX will probably just chill and enjoy sending Falcon Heavy to space now, right? Nope: Elon Musk says now the work begins in earnest on their NEXT rocket, the reusable spaceship with a single booster design knows as the BFR, which is what will take SpaceX, and humans, to Mars if all goes to plan.

3. Snap rebounds on a good quarter

Snap had a good quarter this time around, which is rare, and investors are rewarding it with a stock price rise. It's growing in developing markets big time, apparently, which is fueling optimism.

4. Crypto comes back. Again.

Crypto's up! Or it's down. Who knows. I don't get it.

5. SoftBank is the elephant in the venture room

SoftBank is investing like crazy and has already spent over $35 billion on startups, with no signs of slowing.

6. Senate hearing on cryptocurrency surprisingly doesn't descend into madness

The Senate held a hearing this week on cryptocurrency, and it amazingly wasn't just panic and madness and misinformation. At least I think: I don't understand cryptocurrency.

7. Now, go watch SpaceX's spaceman in space

SpaceX's big Falcon Heavy launch included a payload of a mannequin wearing a spacesuit in a Tesla Roadster and now it's streaming live. Watching it is a good way to waste a day.

Get more stories at techcrunch.com 

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