Author: William Gavin

Rocket Lab shares experienced a decline following the announcement that its medium-lift rocket, designed to compete with SpaceX, will not launch this year. The initial flight of the Neutron vehicle has been officially delayed, pushing back the company’s timeline for entering the market.

Elon Musk has commended memory-chip manufacturer Micron for showing restraint rather than overcharging customers. Although major suppliers in the industry still have significant potential to increase their prices, Micron is reportedly avoiding excessive markups.