SpaceX said on Thursday its debris recovery efforts after last week’s Starship explosion have been hindered and it has sought cooperation from Mexico, whose president has raised the possibility of legal action against the company.
A massive Starship spacecraft by SpaceX exploded into a dramatic fireball during testing in Texas last week, which Elon Musk’s space firm attributed to a “major anomaly.”
The Starship rocket appeared to have experienced at least two explosions in rapid succession, lighting up the night sky and sending debris flying, according to video capturing the moment it exploded.
“Despite SpaceX’s attempts to recover the anomaly related debris, which is and remains the tangible property of SpaceX, these attempts have been hindered by unauthorized parties trespassing on private property,” the company said in a post on social media platform X.
“We have requested local and federal assistance from the government of Mexico in the recovery,” it said, adding that it also has offered resources and assistance in the clean-up.
President Claudia Sheinbaum said on Wednesday that her administration is investigating the security and environmental impact of the launch of rockets, particularly for the Mexican state of Tamaulipas.
A general review is being conducted to determine what international laws are being violated. “From there, we’ll start a process, because there is indeed contamination,” Sheinbaum had said during a morning press conference.
A Starship spacecraft exploded in space minutes after lifting off from Texas in March, prompting the FAA to halt air traffic in parts of Florida, in a setback for Musk’s Mars rocket program.
In January, a Starship rocket broke up in space minutes after launching from Texas, raining debris over Caribbean islands and causing minor damage to a car in the Turks and Caicos Islands.
SpaceX says debris recovery attempts hindered after Starship explosion
https://arab.news/6xcu3
SpaceX says debris recovery attempts hindered after Starship explosion
- The Starship rocket appeared to have experienced at least two explosions in rapid succession
Some Warren Buffett wisdom on his last day leading Berkshire Hathaway
OMAHA, Nebraska: The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s annual meetings.
Buffett’s last day as CEO is Wednesday after six decades of building up the Berkshire conglomerate. He’ll remain chairman, but Greg Abel will take over leadership.
Here’s a collection of some of Buffett’s most famous quotes from over the years:
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“Be fearful when others are greedy, and greedy when others are fearful.”
That’s how Buffett summed up his investing approach of buying out-of-favor stocks and companies when they were selling for less than he estimated they were worth.
He also urged investors to stick with industries they understand that fall within their “circle of competence” and offered this classic maxim: “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
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“After they first obey all rules, I then want employees to ask themselves whether they are willing to have any contemplated act appear the next day on the front page of their local paper to be read by their spouses, children and friends with the reporting done by an informed and critical reporter.
“If they follow this test, they need not fear my other message to them: Lose money for the firm and I will be understanding; lose a shred of reputation for the firm and I will be ruthless.”
That’s the ethical standard Buffett explained to a Congressional committee in 1991 that he would apply as he cleaned up the Wall Street investment firm Salomon Brothers. He has reiterated the newspaper test many times since over the years.
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“You only find out who is swimming naked when the tide goes out.”
Many companies might do well when times are good and the economy is growing, but Buffett told investors that a crisis always reveals whether businesses are making sound decisions.
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“Who you associate with is just enormously important. Don’t expect that you’ll make every decision right on that. But you are going to have your life progress in the general direction of the people you work with, that you admire, that become your friends.”
Buffett always told young people that they should try to hang out with people who they feel are better than them because that will help improve their lives. He said that’s especially true when choosing a spouse, which might be the most important decision in life.
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“Our unwavering conclusion: never bet against America.”
Buffett has always remained steadfast in his belief in the American capitalist system. He wrote in 2021 that “there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking.”
