News from johnpatrick.com

Space

SpaceX's drone ship "A Shortfall of Gravitas" returns to port on Aug. 31, 2021, after its first successful Falcon 9 rocket landing.
SpaceX’s newest drone ship returned to Florida port after its 1st rocket landing at sea. The rocket made a perfect landing coming down through the clouds in the dark. The new ship is named “A Shortfall of Gravitas”. The SpaceX Dragon haul of scientific experiments and supplies to the International Space Station was successful. Coming up will be another SpaceX launch, this time carrying four civilian astronauts. The craft will orbit the Earth and then splash down off the coast of Florida. A lot firsts to look forward to.

Wall Street

All the MAGFA stocks were up, gaining $65 billion. Governments around the world are going after them but, apparently, investors think big tech will survive and remain healthy. In the other tech category there continues to be a lot of volatility. Coinbase up strongly in line with crypto.

Crypto

Crypto had a strong comeback gaining nearly $575 billion in market cap. Bitcoin and Ethereum represented nearly a fourth of the gain. Ethernet gained on Bitcoin, but I believe Bitcoin will remain the leader. The rest of the 11,000+ cryptos gained a lot as a % as more and more investors take a position in crypto.