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SpaceX's giant new rocket blasted off on its first test flight Thursday but exploded minutes after rising from the launch pad and crashed into the Gulf of Mexico.
"Despite the difficult financing environment, there is more opportunity than ever in space," Bank of America said.
SpaceX's Starship, the mega-rocket from Elon Musk's space exploration company, exploded at its launch today, and it's not the first time.
The engineer, identified to Insider as Francisco Cabada, was testing a Raptor V2 engine at SpaceX's facility in Hawthorne, California.
Jonathan Newton / The Washington Post via Getty Images Brownsville residents are divided as SpaceX sets up its main launch facilities close to the area. Some locals are excited for Elon Musk to create job opportunities and pump money into the city. Others are concerned SpaceX will displace locals, hike prices, and destroy the nature reserves. Residents of Brownsville, a small city in Texas, are divided. Their town is now home to SpaceX's rocket-production facilities, which only promises to grow bigger. Some locals told Insider they're at their wits' end with Spa...