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Toby Howell

👤 Speaker
36967 total appearances
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Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

Amazon is so far behind in the race to create this Starlink competitor.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

They need at least 24 Blue Origin launches to get up to the FCC requirement of how many satellites you need in orbit to offer internet connection to a lot of people.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

So that doesn't help with that.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

But the big thing here is not actually losing the rocket because you can rebuild a rocket relatively quickly in a few months these days.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

The launch pad, though, is so messed up at this point.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

One of the technologies

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

towers fell.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

One of the launch towers fell.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

The concrete is damaged badly as well.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

So that you cannot rebuild in months.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

And that's a very specialized and expensive launch pad.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

That is going to take a lot longer.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

So now the timelines are all out of whack for their commercial satellite business, but also, as you said, for the Artemis mission going to the moon.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

I want to talk about this 1866 rule, though, because it has a very funny origin story.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

So a treasury official during that year somehow managed to get his own face on a five cent note, by the way, which is crazy.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

We're already up to $250 notes.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

And since then, no living person has appeared.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

But I do think it's very funny that this guy was printing money.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

He's like, wait a second.

Morning Brew Daily
Americans Are Spending Like No Tomorrow & Dell Surge Lifts Trump’s Portfolio

why don't I just put my own self on it?

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