27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
SpaceX CEO Elon Musk on Friday said that the company is working on solving the refueling of its two-stage launch vehicle Starship in space by the end of next year and advancing technologies that would eventually allow for people on Mars.
What Happened: “Full & rapid reusability of booster & ship and orbital refilling of ship are the 2 fundamental technologies we aim to solve by the end of next year,” Musk wrote on X, formerly Twitter while adding that these technologies are essential to enabling life on another planet besides Earth.
The Starship is composed of two stages- the super heavy booster and the Starship spacecraft. A booster catch attempt is highly likely this year, Musk said in another post. Earlier this month, in a talk at Starbase, Musk said that the company will attempt to land the booster on a virtual tower during the upcoming flight test. Once that is achieved, the company will attempt to land it on a physical launch tower in a subsequent flight. The CEO pegged the chances of catching the booster with the mechanical arms on the launch tower at 80-90% this year.
As for the starship spacecraft, the company does not intend to bring it back to the launch site until it can land a specific design twice at a particular point in the ocean, Musk said.
SpaceX launched the Starship twice last year — the first time in April and then in November. The next test flight of Starship is expected in May and the company aims to have the ship re-enter Earth’s atmosphere with all its systems functioning despite the extreme heat.
NASA is currently relying on the success of Starship to land humans back on the moon. The agency expects to land two astronauts on the Moon no earlier than September 2026 in the Artemis III mission with a lunar lander variant of the Starship.
The last crewed lunar mission occurred in 1972 with Apollo 17. Since then, no crew has traveled beyond low-Earth orbit.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read More: Tesla Increases Price Of Model 3 Performance By $1K In US Days After Launch
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27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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