WEBVTT - Boeing's Starliner Lifts Off and Intel Makes a Deal with Apollo 0:00:02.360 --> 0:00:08.720 Bloomberg Audio Studios, podcasts, radio news from. 0:00:08.560 --> 0:00:11.080 The Heart where Innovation, money and power. 0:00:11.200 --> 0:00:13.600 Collie in Silicon Valley, NBN. 0:00:13.920 --> 0:00:17.960 This is Bloomberg Technology with Caroline Hyde and Ed Ludlove. 0:00:31.560 --> 0:00:34.000 I'm Caroline Hyde of Bloomberg's World Headquarters in New York 0:00:34.440 --> 0:00:36.120 and Imed Lovelow in San Francisco. 0:00:36.240 --> 0:00:38.159 This is Bloomberg Technology. 0:00:37.640 --> 0:00:39.880 And we are counting you down to the launch of 0:00:39.920 --> 0:00:44.120 Boeing's much anticipated Starliner in Cape Canaveral. The crew of 0:00:44.200 --> 0:00:46.519 two will be the first astronauts to travel aboard the 0:00:46.520 --> 0:00:49.279 so called space taxi. And this launch look has been 0:00:49.320 --> 0:00:52.320 plagued by problems, delayed twice already in the last month 0:00:52.600 --> 0:00:55.680 due to a number of technical glitches. The craft key 0:00:55.840 --> 0:00:58.760 to NASA's plans to take Crewe to and from the 0:00:58.800 --> 0:01:01.520 International Space Station, and a lot is riding on. 0:01:01.440 --> 0:01:04.760 This d Yeah, this has been ten years in the making. 0:01:04.920 --> 0:01:08.919 Boeing's been working on Starliner since twenty fourteen when NASA 0:01:09.000 --> 0:01:12.840 first awarded the contracts as part of the Commercial Crew Program, 0:01:13.240 --> 0:01:16.720 and it's massively behind schedule, seven years, delayed, one point 0:01:16.720 --> 0:01:19.760 five billion dollars or more over budget. Carro and we 0:01:19.840 --> 0:01:22.480 may finally be here and The important context is that 0:01:22.560 --> 0:01:25.959 in that time the contract was also awarded to SpaceX, 0:01:26.000 --> 0:01:29.520 who have flown NASA's staff to the ISS nine times 0:01:29.800 --> 0:01:32.679 and four private missions, and you can see how far 0:01:32.800 --> 0:01:33.919 behind Boeing has fallen. 0:01:34.560 --> 0:01:36.640 Let's just talk about the people. What we're seeing on 0:01:36.720 --> 0:01:38.920 board at the moment, veterans, as we say, this will 0:01:38.920 --> 0:01:41.679 be both of their third time going to the International 0:01:41.720 --> 0:01:45.120 Space Station, and what we've got Sunny Williams, Barry Butch Wilmore, 0:01:45.440 --> 0:01:46.679 can you tell us a little bit more? 0:01:47.440 --> 0:01:51.160 Yes, Suny Williams, hugely experienced astronaut, three hundred and twenty 0:01:51.200 --> 0:01:53.920 two days in space, first time in two thousand and 0:01:53.960 --> 0:01:57.520 six through seven, second time twenty twelve, a number of spacewalks. 0:01:57.520 --> 0:02:01.920 Butch Wilmore one hundred and seventy eight days in space. 0:02:02.200 --> 0:02:04.720 He will be the commander of this mission, been a 0:02:04.760 --> 0:02:09.120 pilot aboard previous missions. And it's a different system to SpaceX, right, 0:02:09.200 --> 0:02:12.360 It's a very different system. They have side boosters, a 0:02:12.440 --> 0:02:16.120 main booster, a second stage booster, and then the. 0:02:16.080 --> 0:02:17.640 Capsule star liner on top. 0:02:17.880 --> 0:02:20.959 So there is a lot here that is not as 0:02:21.000 --> 0:02:24.000 tested as thoroughly as the SpaceX system. But we're getting 0:02:24.000 --> 0:02:26.640 closer to this happening, kra and have to say, I've 0:02:26.639 --> 0:02:30.160 been skeptical that we would get here, given the multiple delays, 0:02:30.200 --> 0:02:32.200 even in the last month alone. 0:02:32.240 --> 0:02:35.279 But star Liner looks clear for launch. 0:02:35.760 --> 0:02:44.760 Ten nine, eight, seven, six, five four three two one. 0:02:44.960 --> 0:02:51.160 Ignition and liftoff of Starliner and Atlas five carrying two 0:02:51.240 --> 0:02:54.560 American heroes, drying a line to the stars. 0:02:54.240 --> 0:02:57.079 For all of us. 0:03:07.320 --> 0:03:10.560 Chick Mader butch boom where they're calling down to the 0:03:10.560 --> 0:03:12.839 Michigan Control here in Houston, that the spacecraft has begun 0:03:12.960 --> 0:03:14.920 rolling into the right attitude for its asset, and it 0:03:14.919 --> 0:03:17.119 got its navigation and control officer here in the room 0:03:17.440 --> 0:03:18.280 seeing good debt on it. 0:03:34.000 --> 0:03:38.400 The stocking massing through max Q or the uh point 0:03:38.440 --> 0:03:40.960 of maximum dynamic dynamic pressure where the forces of air 0:03:41.040 --> 0:03:43.400 friction or highest which in sunny will shortly be passing 0:03:43.480 --> 0:03:45.840 through Monck one, or the speed of sound. 0:04:03.320 --> 0:04:06.240 We've passed through max Q or the moment of maxima 0:04:06.240 --> 0:04:10.600 mero dynamic pressure or stress on the complete craft. One 0:04:10.680 --> 0:04:13.839 point six million pounds of frust generated by the main 0:04:13.960 --> 0:04:17.599 booster and on the side of that the two solid 0:04:17.680 --> 0:04:19.600 rocket boosters. And that's the next thing that's going to 0:04:19.640 --> 0:04:22.320 happen Caro. We're about ninety seconds into this, but at 0:04:22.360 --> 0:04:26.120 the two minute and twenty second mark, those solid rocket boosters, 0:04:26.160 --> 0:04:29.359 the two smaller boosters on the side, generating three hundred 0:04:29.400 --> 0:04:31.480 and forty eight thousand pounds of f us each, they 0:04:31.520 --> 0:04:34.159 will separate and drop off back to Earth and we 0:04:34.279 --> 0:04:38.160 continue on our journey relying on that main booster for 0:04:38.200 --> 0:04:40.120 about two minutes or so, and we can pick up 0:04:40.120 --> 0:04:41.680 from that continuing. 0:04:41.360 --> 0:04:43.160 We of course are going to be keeping an eye 0:04:43.200 --> 0:04:45.720 on Starliner, but just talk to us all about also 0:04:45.720 --> 0:04:49.320 about United Launch Alliances here they of course providing the 0:04:49.360 --> 0:04:54.360 thrust the rocket, and this is ultimately two working seamlessly together. 0:04:54.400 --> 0:04:54.599 Here. 0:04:55.920 --> 0:04:58.320 This is a really important milestone because the Atlas five 0:04:58.440 --> 0:05:02.320 system has flown around one hundred times, the majority of 0:05:02.360 --> 0:05:06.200 that under the ULA umbrella, and a lot of the 0:05:06.839 --> 0:05:09.400 setback is the integrated system. And I believe that what 0:05:09.400 --> 0:05:12.040 we just saw there was the separation of the solid 0:05:12.120 --> 0:05:14.880 rocket boosters, those two that dropped off of the side. 0:05:14.960 --> 0:05:17.200 But this is the first time that we've had some 0:05:17.279 --> 0:05:22.679 serious human spaceflight under the ULA umbrella with Atlas five, 0:05:22.880 --> 0:05:25.839 and it's part of a much bigger integrated system along 0:05:25.880 --> 0:05:30.960 with the star Line. A capsule for which Boeing is responsible. Interesting, 0:05:31.000 --> 0:05:33.120 the shares up three tenths of percent. I'm not sure 0:05:33.120 --> 0:05:36.320 what you'd expect. Maybe a relief rally, maybe not, because 0:05:36.320 --> 0:05:39.200 of how many years behind schedule we are and how 0:05:39.240 --> 0:05:42.640 many billions of dollar over budget we are. But yeah, 0:05:42.680 --> 0:05:46.120 it's an important milestone for that combined system. But we 0:05:46.160 --> 0:05:49.680 add the context that in the meantime since twenty fourteen 0:05:49.800 --> 0:05:53.800 when NASA first awarded the dual contracts to SpaceX and Boeing, 0:05:54.040 --> 0:05:56.839 SpaceX has made this routine and done it many more times. 0:05:56.920 --> 0:05:59.400 And let's just run through some of the differences here 0:05:59.520 --> 0:06:02.880 of what we're looking at compared to SpaceX in terms 0:06:02.960 --> 0:06:05.200 of the nuances of how the flight has approached the 0:06:05.240 --> 0:06:07.480 fact that we're not seeing a reusable rocket here, and 0:06:07.520 --> 0:06:09.600 indeed very small amount of size. 0:06:09.360 --> 0:06:14.880 Differences, really excellent questions. I mean, they're very different launch systems. 0:06:15.160 --> 0:06:18.599 Falcon nine has a fully reusable booster. There are ways 0:06:18.600 --> 0:06:21.560 that they're similar. So the total thrust at sea level 0:06:21.560 --> 0:06:24.400 with Falcon nine is about one point seven million pounds. 0:06:24.560 --> 0:06:29.200 The total combined system of CST one hundred is about 0:06:29.200 --> 0:06:31.840 one point six million pounds of frus. They will both 0:06:31.880 --> 0:06:35.560 travel at similar top speed, so on its way to 0:06:35.680 --> 0:06:37.520 its next stage is of separation, which I'll get to 0:06:37.560 --> 0:06:41.320 in a second. We're traveling maybe seventeen th seventeen thousan 0:06:41.400 --> 0:06:45.080 five hundred miles per hour, similar to Falcon nine. Falcon 0:06:45.160 --> 0:06:48.160 nine does not rely on those two additional side boosters 0:06:48.760 --> 0:06:53.160 or the two additional solid rocket boosters like the CST 0:06:53.279 --> 0:06:56.320 one hundred system does. And then there are additional stages 0:06:56.360 --> 0:06:58.320 of separation and flipping them with bits of paper all 0:06:58.320 --> 0:06:59.960 over the place here because I want to make sure 0:07:00.040 --> 0:07:02.320 we get this right. Four minutes in and the next 0:07:02.400 --> 0:07:05.560 key milestone is that the Atlas booster, that main booster, 0:07:05.600 --> 0:07:08.719 will cut off its engines, and from there the centaur, 0:07:08.760 --> 0:07:11.440 which is the secondary stage, will separate off from the 0:07:11.440 --> 0:07:12.000 main booster. 0:07:12.480 --> 0:07:14.840 So ultimately we're waiting for that four minutes thirty four 0:07:14.880 --> 0:07:16.840 mark when we do see that separation. 0:07:17.000 --> 0:07:17.920 And as we can see. 0:07:17.800 --> 0:07:21.000 Thus far, four minutes thirty two seconds in ed, this 0:07:21.160 --> 0:07:23.720 seems to be going smoothly and much to the release 0:07:23.760 --> 0:07:24.280 of here we are. 0:07:24.400 --> 0:07:25.400 We can take a look. 0:07:31.440 --> 0:07:34.400 And that was a separation, correct, That was the Atlas 0:07:34.400 --> 0:07:36.880 center of separation. From what we understand, we're what but 0:07:37.080 --> 0:07:39.600 four minutes and fifty seconds. 0:07:39.280 --> 0:07:43.720 In exactly that's what is called Centaur or basically the 0:07:43.800 --> 0:07:47.360 second stage booster pulling away from the main Atlas booster 0:07:47.720 --> 0:07:51.240 in a stage called Becho or Atlas booster engine cut off. 0:07:51.480 --> 0:07:55.080 The next big sort of milestone is in about ten 0:07:55.120 --> 0:07:59.080 minutes time, i'd say, which is where Starliner, the capsule 0:07:59.360 --> 0:08:03.760 sitting atop of Centaur, will separate on and send those 0:08:03.800 --> 0:08:07.360 two astronauts on their way. But it's just incredible the 0:08:07.360 --> 0:08:11.720 images that we've seeing. You know, space is hard, you know, 0:08:11.920 --> 0:08:14.120 and Boeing has come in for a lot of criticism. 0:08:14.160 --> 0:08:16.640 It is one point five billion dollars over budget, as 0:08:16.640 --> 0:08:18.760 we say, the stock now modestly lower. 0:08:18.600 --> 0:08:19.480 Basically flat. 0:08:19.800 --> 0:08:22.680 But everything is nominal, as they say in the space industry, 0:08:22.680 --> 0:08:24.920 it's going to plan and we finally got here. 0:08:25.360 --> 0:08:29.200 We have and space is hard, it's costly, and we 0:08:29.240 --> 0:08:33.040 want to go to someone who really understands the intricacies 0:08:33.360 --> 0:08:36.800 of trying to work with private and public integration of 0:08:36.840 --> 0:08:40.560 getting more humans to the International Space Station station as 0:08:40.559 --> 0:08:43.280 an airs with us exert of KORRO for more. 0:08:43.559 --> 0:08:45.520 Senior fellow at Harvard's Belfare Center. 0:08:45.679 --> 0:08:48.720 Former White House Assistant Director for the Space Policy former 0:08:48.880 --> 0:08:51.400 NASA executive as a I don't know who else would 0:08:51.440 --> 0:08:53.120 be more perfect on a day such as this to 0:08:53.559 --> 0:08:56.160 weigh in and thus far this is going successfully. How 0:08:56.200 --> 0:09:00.160 important is this to the US space ecosystem? 0:09:00.600 --> 0:09:02.240 It is critically important. 0:09:02.880 --> 0:09:03.080 You know. 0:09:03.120 --> 0:09:08.760 What we're seeing here is American ingenuity, and the success 0:09:08.800 --> 0:09:12.040 of this launch so far indicates that we continue to 0:09:12.160 --> 0:09:14.920 lead as a nation because we're no longer in a 0:09:14.960 --> 0:09:19.559 space race today. We've got over ninety space programs globally, 0:09:20.160 --> 0:09:23.280 and so continued leadership is important for the US to 0:09:23.640 --> 0:09:25.640 keep our edge, to continue to pioneer. 0:09:26.240 --> 0:09:28.679 And this is just a beautiful site. 0:09:28.840 --> 0:09:35.040 Frankly, as you contributed in your career to dozens of 0:09:35.080 --> 0:09:40.439 different NASA missions since twenty fourteen when NASA first awarded 0:09:40.480 --> 0:09:43.080 those contracts, and the much bigger picture of the commercial 0:09:43.080 --> 0:09:47.320 crew program, it's been super frustrating to see Boeing take 0:09:47.400 --> 0:09:51.199 ten years to get to this point. SpaceX has pulled ahead, 0:09:51.280 --> 0:09:54.600 pulled ahead massively. How will that have gone down inside 0:09:54.600 --> 0:09:57.880 of NASA? How is staff at the agency going to 0:09:57.880 --> 0:09:58.880 be viewing this moment? 0:10:00.760 --> 0:10:03.040 There's a lot of celebration and a lot of relief 0:10:03.120 --> 0:10:07.559 because what you're seeing here is the resilience of scientists 0:10:07.559 --> 0:10:11.839 and engineers over as you mentioned, a decade, and one 0:10:11.840 --> 0:10:15.200 of the critical skills an engineer has is the ability 0:10:15.280 --> 0:10:18.600 to be disappointed for three seconds and then move on 0:10:18.720 --> 0:10:21.880 to find a solution to the next problem. And we 0:10:22.040 --> 0:10:25.560 witnessed it for this launch in particular, over the last month. 0:10:26.160 --> 0:10:29.920 And that's what's happened over the last decade. And NASA 0:10:30.160 --> 0:10:35.760 is experienced at this because over sixty years of putting 0:10:35.840 --> 0:10:39.960 together missions and spacecraft, we've had our share of challenges, 0:10:40.200 --> 0:10:43.439 and so we understand and we are frankly cheering going 0:10:43.480 --> 0:10:43.960 on today. 0:10:44.679 --> 0:10:46.839 I'm very helpful with you just sort of outlined some 0:10:47.000 --> 0:10:50.160 of the ways in which NASA feels its own issues. 0:10:50.200 --> 0:10:52.280 When I just want to outline some of the concerns 0:10:52.280 --> 0:10:54.920 we had had leading up to this particular launch. There 0:10:54.960 --> 0:10:57.400 was a pressure valve that was a concern with the 0:10:57.520 --> 0:11:00.520 ULA side of the equation. The rocket had a small 0:11:00.640 --> 0:11:03.120 helium leak that seems to have been deemed not a worry, 0:11:03.200 --> 0:11:05.120 and so therefore that helium leap didn't need to be 0:11:05.160 --> 0:11:07.120 fixed for this mission to continue. 0:11:07.400 --> 0:11:09.319 Then previously we saw. 0:11:09.200 --> 0:11:11.160 Of course, the whole mission was called off but four 0:11:11.200 --> 0:11:13.560 minutes before launch, and that was all based on a 0:11:13.679 --> 0:11:18.920 launch computer being somewhat delayed. There is so much intricacy 0:11:19.160 --> 0:11:22.280 when it comes to these sorts of humongous, very costly 0:11:22.360 --> 0:11:24.560 launches as in A and I want to understand from 0:11:24.520 --> 0:11:27.400 real perspective, how important is to have more private players 0:11:27.440 --> 0:11:29.360 in the game. How many more do we need than 0:11:29.480 --> 0:11:34.000 ultimately the geopoly we have at the moment, as many. 0:11:33.760 --> 0:11:34.480 As we can have. 0:11:34.800 --> 0:11:39.240 You know, this is a very challenging business, and we 0:11:39.320 --> 0:11:44.440 continue to support lots of smaller companies, lots of rocket 0:11:44.440 --> 0:11:48.160 companies that are focused on launching cargo, smaller cargo, smaller 0:11:48.200 --> 0:11:52.760 spacecraft into space. And there is a lot of exciting opportunities, 0:11:52.880 --> 0:11:55.840 not just in the US, but in other countries. And 0:11:56.160 --> 0:12:01.359 it's important because when we have launched become more ubiquitous, 0:12:01.920 --> 0:12:07.320 then the idea of space tourism becomes even accessible and 0:12:07.559 --> 0:12:09.800 your children may one day, you know, take a field 0:12:09.800 --> 0:12:14.600 troup to space because the opportunities to fly are available 0:12:14.679 --> 0:12:15.480 and accessible. 0:12:17.400 --> 0:12:19.720 For our Bloomberg Technology audience, what we're looking at on 0:12:19.760 --> 0:12:23.960 our screen is a computer generated image giving the approximate 0:12:24.040 --> 0:12:27.040 status of the star liner caps you are attached to 0:12:27.559 --> 0:12:31.040 the stent or second stage booster in about five minutes time, 0:12:31.360 --> 0:12:34.040 those two will separate in the star Liner capsule as 0:12:34.080 --> 0:12:36.760 an A will continue on its journey to the International 0:12:36.800 --> 0:12:40.479 Space Station, about a twenty four hour process. The International 0:12:40.800 --> 0:12:44.160 Space Station makes me think a lot about the future. 0:12:44.640 --> 0:12:47.960 It's due to be decommissioned in twenty thirty, and so 0:12:48.280 --> 0:12:53.079 today is a massive success. Credit to Boeing to finally 0:12:53.120 --> 0:12:55.520 achieve this. As it stands, the stockdown four tenths of 0:12:55.520 --> 0:12:58.559 a percent, But it seems like the star Liner system 0:12:58.640 --> 0:13:01.600 has a limited shelf life. They might get what six 0:13:01.640 --> 0:13:05.560 missions before ISS is decommissioned or so do you see 0:13:05.559 --> 0:13:08.960 a future for Boeing in the passage of humans from 0:13:09.000 --> 0:13:10.760 Earth into orbit and beyond. 0:13:12.320 --> 0:13:13.160 Yes, So most. 0:13:12.960 --> 0:13:16.000 Companies don't share some of the research and development that 0:13:16.040 --> 0:13:20.200 they are currently working on while they are completing other 0:13:20.480 --> 0:13:24.920 complex missions. And as you notice, this is an effort 0:13:25.200 --> 0:13:33.040 that is combining multiple companies ula Boeing and other thousands 0:13:33.040 --> 0:13:37.199 of smaller businesses and contractors who have helped to make 0:13:37.240 --> 0:13:40.800 this happen. And so with the retirement of the International 0:13:40.840 --> 0:13:44.000 Space Station in twenty thirty, we are likely to see 0:13:44.400 --> 0:13:49.200 not just commercial US owned space stations replace the International 0:13:49.240 --> 0:13:53.720 Space Station, but also increase commercial launch activity. So the 0:13:53.800 --> 0:13:57.880 space sector continues to be described as emerging as a 0:13:57.920 --> 0:14:02.800 technological space. However, what we've seen and. 0:14:02.679 --> 0:14:04.240 What we've witnessed is that. 0:14:04.320 --> 0:14:09.080 It takes sometimes thirty years to emerge, and so some 0:14:09.160 --> 0:14:11.960 of these companies continue to work on this, including Boeing, 0:14:12.559 --> 0:14:15.040 and they might surprise us with what they have in 0:14:15.080 --> 0:14:17.240 store for future commercial space stations. 0:14:17.800 --> 0:14:24.040 Asn't your focus is often sustainability here efficiency Ultimately, how 0:14:24.160 --> 0:14:29.880 sustainable is Boeing ula visa v what we see from SpaceX? 0:14:30.400 --> 0:14:33.560 How much do you think that ultimately sustainability can be 0:14:33.680 --> 0:14:37.720 achieved and a clean process of putting a whole ton 0:14:38.080 --> 0:14:39.960 of satellites into low Earth orbit as well? 0:14:42.040 --> 0:14:47.720 Sustainability is a very tough challenge in space, and rightly so. 0:14:47.960 --> 0:14:52.680 Reusable rockets are more sustainable than a rocket with a 0:14:52.760 --> 0:14:56.680 single use. However, we have to think about the systems 0:14:56.680 --> 0:15:00.440 that are developed. If this has six flights in it, 0:15:00.600 --> 0:15:04.200 and after a development cycle that was at least ten 0:15:04.280 --> 0:15:09.680 years long, getting at least six launches out of it 0:15:08.640 --> 0:15:12.920 is a helpful start to a future where we will, 0:15:13.440 --> 0:15:17.680 with hope, had an increased amount of reusable rockets. Now 0:15:17.760 --> 0:15:21.400 with spacecraft and satellites in space. We have a whole 0:15:21.440 --> 0:15:28.000 slew of regulatory rules around when satellites can deorbit so 0:15:28.040 --> 0:15:30.960 that they don't end up a space debris or space junk. 0:15:31.600 --> 0:15:35.320 And so we have a process in place, and companies 0:15:36.040 --> 0:15:39.840 do help to mitigate and help to ensure that we 0:15:39.960 --> 0:15:44.560 have as little debris as possible in space while we 0:15:44.640 --> 0:15:47.480 try to clean up everything that's there currently. 0:15:48.280 --> 0:15:51.000 As any I'd like to spend a moment thinking about 0:15:51.120 --> 0:15:54.440 the men and women of NASA, and particularly the control 0:15:54.520 --> 0:15:59.120 staff at the agency. What's kind of interesting about CST 0:15:59.320 --> 0:16:02.800 one hundred is that it is NASA control teams that 0:16:02.840 --> 0:16:06.840 are running the mission alongside Boeing. SpaceX has its own 0:16:06.880 --> 0:16:11.520 control teams. So for your former colleagues and friends at NASA, 0:16:12.360 --> 0:16:15.640 it's also been a very long journey for this system 0:16:15.680 --> 0:16:18.680 and project, even though we focus on the Boeing component 0:16:18.920 --> 0:16:21.400 of it, just explain sort of the depth of talent 0:16:21.680 --> 0:16:24.520 and those colleagues you know that have worked on this project. 0:16:26.720 --> 0:16:29.360 You've got people who have been at the agency for 0:16:29.480 --> 0:16:32.040 at least two decades, people who have worked in mission 0:16:32.160 --> 0:16:36.280 control for three decades. You've got people skilled in physics, 0:16:36.400 --> 0:16:41.840 in chemical engineering, and aerospace engineering, in a plethora of 0:16:41.920 --> 0:16:45.920 engineering disciplines who have time and time again supported even 0:16:45.960 --> 0:16:51.080 the Shuttle program and are today supporting this Boeing Starliner. 0:16:51.480 --> 0:16:56.720 You've got colleagues who have helped to ensure that the 0:16:56.720 --> 0:17:00.040 International Space Station and the astronauts had visit it and 0:17:00.720 --> 0:17:05.400 remain in constant communication with Houston and the ground. And 0:17:05.880 --> 0:17:09.919 you've got lots of NASA leaders who have been with 0:17:09.960 --> 0:17:13.440 the agency, some for almost four decades. So there is 0:17:13.480 --> 0:17:19.880 this continuity and in engineering and leadership that we see 0:17:19.880 --> 0:17:20.760 at NASA today. 0:17:21.480 --> 0:17:23.639 As I know, we're just about to start witnessing I 0:17:23.640 --> 0:17:26.720 believe a key moment star line of separation as it 0:17:26.880 --> 0:17:27.440 ed coming up. 0:17:28.080 --> 0:17:30.400 Yeah, star line of separation coming up where the star 0:17:30.480 --> 0:17:35.960 line a capsule separate from the central second stage. That's 0:17:36.080 --> 0:17:38.720 probably happening as we speak. But as you can see 0:17:38.760 --> 0:17:41.439 in your screen, we're relying on a computer generated image. 0:17:41.440 --> 0:17:46.040 So any second there is your computer generated representation. 0:17:46.160 --> 0:17:47.199 What timing that was? 0:17:47.720 --> 0:17:50.560 We planned that one, and before that you had had 0:17:51.040 --> 0:17:55.400 the central main engine cut off happened prior to it. 0:17:55.800 --> 0:17:59.439 There's a really important technological distinction, right carry between what 0:17:59.480 --> 0:18:02.439 we're so used to with SpaceX and Falcon nine and 0:18:02.520 --> 0:18:06.280 this CST one hundred system, which is the only reusable 0:18:06.359 --> 0:18:10.000 part of CST one hundred is the star line of capsule. 0:18:10.760 --> 0:18:14.399 The secondary booster's main booster centaur are not recoverable in 0:18:14.400 --> 0:18:16.679 the same way that the Falcon nine booster is. But 0:18:16.760 --> 0:18:18.680 as we I keep saying, let's repeat it one point 0:18:18.760 --> 0:18:22.320 a time, so far everything is nominal, meaning everything is normal. 0:18:22.600 --> 0:18:25.680 This is going to plan bowing stocks down four tenths 0:18:25.680 --> 0:18:28.080 of percent modestly. But it's now a twenty four hour 0:18:28.160 --> 0:18:31.480 journey from this point to the International Space Station, it is. 0:18:31.440 --> 0:18:35.760 And asne this is such I'm sure contained exuberance and 0:18:35.840 --> 0:18:39.080 euphoria going on in Cape Canaveral at the moment, But 0:18:39.440 --> 0:18:41.800 there is much to look forward to, not only, of course, 0:18:41.880 --> 0:18:44.720 these within the next twenty four hour process, these two 0:18:44.840 --> 0:18:47.400 veteran astronauts arriving at the International Space Station. 0:18:47.480 --> 0:18:49.800 But you mentioned how maybe ed andized children. 0:18:49.480 --> 0:18:54.720 Will be visiting these outer parts of space soon enough 0:18:55.160 --> 0:18:56.200 on a consumer basis. 0:18:56.240 --> 0:18:57.399 And I think what's happening over the. 0:18:57.400 --> 0:18:59.520 Weekend, and Virgin Galactic I think is still planning for 0:18:59.560 --> 0:19:03.399 their net particular trip. All you seeing things going as 0:19:03.400 --> 0:19:04.160 well as you'd like. 0:19:06.560 --> 0:19:10.159 Yes, this is extremely challenging. We have to remember that 0:19:10.520 --> 0:19:14.159 astronauts have typically been marines, the best of the best, 0:19:14.400 --> 0:19:17.520 and they train for at least a decade at. 0:19:17.440 --> 0:19:19.120 NASA before they fly. 0:19:19.520 --> 0:19:24.000 And the fact that we could simplify that process to 0:19:24.080 --> 0:19:30.520 allow citizens and non marines and non air force pilots 0:19:31.080 --> 0:19:35.639 and non rocket scientists to fly and even conduct some 0:19:35.840 --> 0:19:41.360 experiments on some of these flights is really encouraging because 0:19:41.400 --> 0:19:44.439 as we continue, it reminds me of the first days 0:19:44.920 --> 0:19:46.280 of history and the first. 0:19:46.040 --> 0:19:46.879 Days of aviation. 0:19:47.480 --> 0:19:51.640 But as we continue to see these flights happen, then 0:19:52.520 --> 0:19:55.720 what we hope to see is against school field trips 0:19:55.800 --> 0:19:59.800 to a future private commercial space station or trip around 0:19:59.800 --> 0:20:03.359 the and that is exciting to behold. I believe we 0:20:03.359 --> 0:20:04.760 will see that in this generation. 0:20:07.560 --> 0:20:10.360 We're looking at your live shot right now, and we've 0:20:10.359 --> 0:20:13.320 been relying on sort of computer generated images. It's interesting 0:20:13.400 --> 0:20:15.760 or I observe that we don't have the sort of 0:20:16.119 --> 0:20:20.080 as a reliable camera feed with Starliner and CST one 0:20:20.160 --> 0:20:22.679 hundred is perhaps we do with Falcon nine. Even so, 0:20:22.960 --> 0:20:27.040 everything from the NASA feed tells us that we're nominal 0:20:27.200 --> 0:20:29.919 so far as we've really enjoyed having you with us 0:20:29.920 --> 0:20:33.720 on Bloomberg technology for this launch. Just your parting thoughts 0:20:33.880 --> 0:20:38.119 on this moment, but I guess also whether or not 0:20:38.160 --> 0:20:42.760 it will be a catalyst for broader progress in commercial 0:20:42.800 --> 0:20:45.840 space beyond what we've we've relied on SpaceX to bring. 0:20:47.240 --> 0:20:51.520 Now, the global significance of this is large. We have 0:20:52.480 --> 0:20:56.320 young engineers locally who and nationally who will be inspired, 0:20:56.320 --> 0:20:59.960 but we also have rocket entrepreneurs who will be inspired, 0:21:00.080 --> 0:21:04.760 and other nations to start their rocket programs and companies 0:21:05.240 --> 0:21:10.880 to join space agencies and other countries who may decide 0:21:10.880 --> 0:21:14.040 this is the time to start their own space program. 0:21:14.560 --> 0:21:20.600 And so with this inspiring and exciting successful feat, we 0:21:20.720 --> 0:21:24.240 can only hope to see more involvement globally, and what 0:21:24.320 --> 0:21:28.440 that means for the commercial space sector is more resources 0:21:28.560 --> 0:21:34.440 and a multiplication of capital, and more interest in space 0:21:34.560 --> 0:21:40.840 from investors and others who are interested in technology. 0:21:40.840 --> 0:21:44.600 We're at large over sixty ness emissions and programs. You're 0:21:44.640 --> 0:21:48.440 involved with yourself, twenty years of course of US government service. 0:21:48.920 --> 0:21:51.919 Perfect guest to live through some of these incredible images 0:21:51.960 --> 0:21:54.040 that we see now of what's occurred with the ULA 0:21:54.080 --> 0:21:57.280 and Boeing. As Ana Zokora, thank you for joining us 0:21:57.280 --> 0:22:01.480 senior fellow at harvard'st Welfa center. Let's get back to hearth. 0:22:02.000 --> 0:22:05.400 What's happening with the markets. Very briefly, we're saying, well 0:22:05.600 --> 0:22:07.600 going on the downside. On the high side, is NAS 0:22:07.640 --> 0:22:09.840 that big tech leading the charge up more than one 0:22:09.840 --> 0:22:12.720 point two percent some mixed data today Service is still 0:22:12.760 --> 0:22:16.159 showing really resilient US economy, but maybe some calling jobs 0:22:16.160 --> 0:22:18.320 market data helping feed a bond market rally that we 0:22:18.359 --> 0:22:21.720 see down three basis points on the tenure important Rake 0:22:21.760 --> 0:22:25.119 cup happening in Canada. The dollar is hied versus the looney. 0:22:25.200 --> 0:22:27.920 We're currently upper quarter of percent. But then dig into 0:22:27.920 --> 0:22:29.040 individual stocks for US. 0:22:29.480 --> 0:22:31.040 Yeah, earning is a big part of the story. 0:22:31.080 --> 0:22:34.919 CrowdStrike beating in the quarter, really bucking the trend of 0:22:34.920 --> 0:22:38.000 a pullback in cyber spending one of the beneficiaries of 0:22:38.359 --> 0:22:41.760 Microsoft missing the mark there, and then HPE surging. There's 0:22:41.760 --> 0:22:44.240 a clear tailwind from AI infrastructure build out. 0:22:44.440 --> 0:22:45.560 We've talked this about this a lot. 0:22:45.600 --> 0:22:47.880 It's not just the chips, but it is the casing 0:22:47.920 --> 0:22:50.639 and the rest of the server components, which HPE is 0:22:50.640 --> 0:22:55.679 a contributor to those names. Wow, that was fabulous. I 0:22:55.880 --> 0:22:58.960 really enjoyed doing that with you, Caroline. What a moment 0:22:59.080 --> 0:23:01.960 in commercial space flight will be right back. This is 0:23:01.960 --> 0:23:12.240 Bloomberg technology. 0:23:14.920 --> 0:23:18.479 Indian Prime Minister Lorandra Modi has won crucial backing from 0:23:18.520 --> 0:23:21.040 two key allies in his coalition, allowing him to form 0:23:21.040 --> 0:23:24.600 a government and extend his decade in power. Joining US 0:23:24.720 --> 0:23:27.840 now is Giant Krishna, a non resident senior Fellow at 0:23:27.840 --> 0:23:30.720 the chair in US India Policy Studies over at the 0:23:30.720 --> 0:23:34.840 Center for Strategic and International Studies and Giant what maybe 0:23:34.960 --> 0:23:38.240 will have to change in the next government under Modi 0:23:38.520 --> 0:23:42.200 is perhaps more of an equal distribution of economic progress, 0:23:42.240 --> 0:23:44.160 particularly when it comes to the jobs market. And I'm 0:23:44.160 --> 0:23:46.359 interested as to whether technology will be a solve for 0:23:46.400 --> 0:23:47.120 that in some way. 0:23:49.440 --> 0:23:50.560 Yeah, I would reckon. 0:23:50.640 --> 0:23:53.080