Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. 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 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!

Denver news in your inbox

Catch up on 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!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on 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!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on 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!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

The New Shepard takes flight. Photo: Blue Origin

Blue Origin's New Shepard space system, designed to one day take paying customers to suborbital space, took flight from Texas on Thursday for an uncrewed test.

Why it matters: The company — founded by Amazon's Jeff Bezos — is inching closer to launching its first customers.

Details: The launch marked the first test for an upgraded New Shepard capsule, equipped with temperature regulation, display panels and speakers with a microphone for future customers.

  • It was also the first flight for this particular New Shepard booster.
  • Blue Origin also flew "Mannequin Skywalker" — its flight test dummy — aboard the capsule to monitor the stresses future fliers might face.
  • The rocket landed back on Earth while the capsule came back to the ground under parachutes after reaching more than 350,000 feet in altitude.

The big picture: Blue Origin isn't the only company working to get a piece of the suborbital space tourism market.

  • Richard Branson's Virgin Galactic is developing a space plane that will fly people to the edge of space and bring them back home.

Go deeper

Virgin Orbit launches satellites into space

The Virgin Orbit "Cosmic Girl," carrying a LauncherOne rocket under it's wing, takes off for the Launch Demo 2 mission from Mojave Air and Space Port in Mojave, California, on Sunday/ Photo: Patrick T. Fallon/AFP via Getty Images

Virgin Orbit's LauncherOne rocket reached space and successfully deployed 10 payloads for NASA's Launch Services Program on Sunday, Richard Branson's company announced.

Why it matters: Per Axios' Miriam Kramer, Virgin Orbit is one of several private spaceflight companies aiming to capitalize on what they believe is a boom in demand for small spacecraft launches.

Dion Rabouin, author of Markets
16 mins ago - Economy & Business

First glimpse of the Biden market

Photo: Jonathan Ernst-Pool/Getty Images

Investors made clear what companies they think will be winners and which will be losers in President Joe Biden's economy on Wednesday, selling out of gun makers, pot purveyors, private prison operators and payday lenders, and buying up gambling, gaming, beer stocks and Big Tech.

What happened: Private prison operator CoreCivic and private prison REIT Geo fell by 7.8% and 4.1%, respectively, while marijuana ETF MJ dropped 2% and payday lenders World Acceptance and EZCorp each fell by more than 1%.

Mike Allen, author of AM
48 mins ago - Politics & Policy

Biden-Harris, Day 1: What mattered most

President Joe Biden and first lady Dr. Jill Biden arrive at the North Portico of the White House. Photo: Alex Brandon-Pool/Getty Images

The Axios experts help you sort significance from symbolism. Here are the six Day 1 actions by President Biden that matter most.

Driving the news: Today, on his first full day, Biden translates his promise of a stronger federal response to the pandemic into action — starting with 10 executive orders and other directives, Caitlin Owens writes.