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- 1Trump administration's $1.6 billion stake in USA Rare Earth draws fire●The Trump admin's $1.6 billion investment in USA Rare Earth - which includes a big equity stake, of course - stinks to h
The Trump administration has invested $1.6 billion in USA Rare Earth, a magnet maker, taking a large equity stake in the company. Critics, including trade analyst Scott Lincicome, say the deal 'stinks to high heaven,' pointing to a Bloomberg investigation into how the company secured the funding and questioning the propriety of the government taking ownership in a private firm.
- 2ESA's JUICE spacecraft makes close flyby over Indian Ocean●Heads up (especially if you’re currently on a ship in the Indian Ocean). ESA’s JUICE mission to Jupiter & its icy moons
The European Space Agency's JUICE mission, bound for Jupiter and its icy moons, passed at less than 10,000 km overhead around 13:45 CEST during its second Earth gravity assist, prompting a heads-up to ships in the Indian Ocean beneath its flight path. The spacecraft will return for one final Earth slingshot in 2029 before heading to the outer solar system.
- 3Hubble marks 200,000th orbit around Earth▼Happy 200,000th, Hubble! This month marked the Hubble telescope’s 200,000 orbit around Earth. That’s a lot of laps! NASA
NASA is celebrating a milestone for the Hubble Space Telescope, which this month completed its 200,000th orbit around Earth. The space agency marked the occasion by releasing a striking new image. Hubble has now been operating in space for more than 36 years and continues to make new discoveries despite its age.
- 4Pentagon Backs $134 Million Raise for Rare-Earth Magnet Iron Startup●Exclusive | Pentagon Joins $134 Million Raise for Startup to Make U.S. Iron for Rare-Earth Magnets
The Pentagon has joined a $134 million funding round for a startup aiming to produce iron in the United States for rare-earth magnets, according to the Wall Street Journal. The investment signals Washington's push to build a domestic supply chain for magnet materials, a sector currently dominated by China and considered critical for defense and technology manufacturing.