Axios

Max Polyakov is co-founder of Firefly Aerospace, a Texas-based rocket maker valued last year at $1.8 billion.

Why it matters: He also was forced to dump his shares in the company, after investing around $200 million, by a U.S. government that now seems to be admitting a mistake.

Sea level rise driven by human-caused climate change may have wiped out an entire species in the U.S. for the first time.

Why it matters: The loss of the only known stand of Key Largo tree cactus in the U.S. shows how rising seas can alter the coastal environment.

Not every fin moving slowly in dark waters needs its own theme song.

Why it matters: Basking sharks are one of the sharks most often mistaken for great white sharks when seen from above water. Both are known to swim near the ocean surface with their dorsal fin visible, but there are some key differences in appearance.

• The fin of a basking shark is overall more rounded, with a slightly curved back edge.
• A great white shark will have a more pointed fin with a sharp tip. The back edge may be torn or jagged.
• Great whites can be found in any U.S. coastal waters, while basking sharks are everywhere except the Gulf Coast.

Threat level: Danielle Haulsee, chief science officer at Hubbs-SeaWorld Research Institute, says, "Basking sharks are not dangerous. They may be intimidating due to their large size and wide-open mouths, but they pose no threat to humans."

• Basking sharks are filter feeders, so they swim with their mouths open to collect tiny plankton.
• Great white sharks pose a greater threat to humans. They are responsible for the highest number of fatal unprovoked shark attacks worldwide.

The big picture: If you see a fin in the water, Haulsee recommends remaining calm.

• "Try to determine if it is a shark or another finned friend like a dolphin or porpoise," Haulsee says. "Dolphins will surface briefly to breathe and then swim back under the water, whereas the fin of a shark swimming at the surface will remain out of the water."
• "If you believe it is a shark, remain calm and slowly swim back to shore or your boat, keeping your eyes on the fin if possible."
• Avoid splashing around, as that may lead to the shark confusing you for prey.

The bottom line: Haulsee says, "Remember that healthy ecosystems require a balance of predators and prey, so while we may fear sharks, we need to respect their important role as the top of the food chain to ensure the health of our oceans."