Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

A New Shepard capsule descending to Earth. Photo: Blue Origin

Jeff Bezos' Blue Origin has selected 18-year-0ld Oliver Daemen to fly aboard the first crewed suborbital flight of its New Shepard space system on July 20.

Why it matters: This flight will represent the culmination of years of work for Blue Origin, which has the goal of helping to build a future in which millions of people live and work in space.

The intrigue: While Blue Origin is billing Daemen as the first paying customer to fly aboard New Shepard, he was not the winner of the auction staged for this seat.

  • The anonymous auction winner — who paid $28 million — has a scheduling conflict and plans to fly on a future flight, according to the company.
  • Blue Origin hasn't disclosed how much Daemen paid for the seat or how he was selected.
  • The crew for next week's launch is now set with Bezos and his brother Mark joined by Daemen and Wally Funk, a woman aviator who passed astronaut tests in the 1960s.

The big picture: Tuesday's flight will continue this summer of suborbital spaceflight.

  • Virgin Galactic's Richard Branson flew to the edge of space with his company on Sunday, beating Bezos to his flight by a little over a week.
  • It's not yet clear what the market for these suborbital flights will be in the future, but both companies are hoping to draw in customers now to expand their base.

Go deeper

Piedmont Airlines flight attendants vote to authorize strike

Unionized flight attendants for American Eagle carrier Piedmont Airlines protest outside Philadelphia International Airport. Photo courtesy of Natalie Sowinski/Philadelphia Council AFL-CIO

Flight attendants for an American Airlines subsidiary with a base in Philadelphia voted to authorize a strike Thursday.

Driving the news: Members of the union representing flight attendants for American Eagle carrier Piedmont Airlines picketed outside Philadelphia Airport (PHL) following the vote, according to the Association of Flight Attendants-CWA.

Why it matters: AFA's strike strategy "could affect the entire system or a single flight," the union said in a news release.

  • "Even the disruption of a few flights could threaten operations across the American Airlines Group system," AFA said.
Oct 21, 2021 - World

South Korea launches first domestic space rocket

People watch the launch of Nuri on TV at a Seoul railway station on Oct. 21. Photo: Simon Shin/SOPA Images/LightRocket via Getty Images

South Korea launched its first domestically produced space rocket on Thursday but failed to deliver a test satellite into orbit after the rocket's final stage shut down early, according to Reuters.

Why it matters: The test of its Nuri — or "world" — rocket was a major step forward for South Korea, an up-and-coming space power, but shows that it still has room for improvement in future trials.

S&P 500 slides into correction territory

Data: FactSet; Chart: Axios Visuals

Stocks suffered their worst drop of the year, pushing the S&P 500 on track to fall into a "correction."

Driving the news: The benchmark S&P 500 dropped for its fifth straight day, with losses nearing 3% in early trading.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!