Axios

Merck & Co. is ending development of its two experimental COVID-19 vaccines, after early data showed they could not produce immune responses to the virus, the company announced Monday.

Why it matters: The news leaves one of the top pharmaceutical companies out of the running for producing a vaccine, as demand for the inoculation is outstripping supply.

SpaceX just launched 143 payloads to orbit, setting a new record for the most ever launched on a single rocket.

Why it matters: This launch is part of SpaceX's bid to get a piece of the growing market to launch small satellites to orbit.