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SpaceX

In a first for Elon Musk's private aerospace company, SpaceX just launched one of its previously used Falcon 9 rockets.

Per The Verge, the rocket launched a communications satellite into orbit before landing again on one of the company's drone ships in the Atlantic.

Why it matters: "It means you can fly and re-fly an orbital class booster, which is the most expensive part of the rocket," Musk said on the company's live stream of the launch, according to The Verge. "This is going to be, ultimately, a huge revolution in spaceflight."

Here's video of the launch and landing:

Go deeper

Biden calls Fox News reporter a "stupid son of a b---h" on hot mic

President Biden blasted Fox News' Peter Doocy on Monday after the reporter asked if the nation's soaring inflation is a political liability, saying, "what a stupid son of a b----h."

Driving the news: The Biden administration has faced rising inflation rates over recent months, which it has labeled as "transitory."

Hope King, author of Closer
1 hour ago - Economy & Business

Investors reset their compass

Data: FactSet; Chart: Axios Visuals

The endpoints of a stimulus-fueled market are being defined.

Why it matters: Conditions that drove excess pricing in riskier assets are steadily being removed, and big swings in the market like those seen today are inevitable as investors try to adjust to the new landscape.

3 hours ago - World

Soldiers seize power in Burkina Faso as global coup surge continues

Mutinous soldiers in Burkina Faso declared on state television Monday that they had deposed the government, closed the borders and taken control of the country. President Roch Marc Christian Kaboré has reportedly been arrested.

The big picture: This would be the third successful military coup in west Africa in eight months, after juntas took power last year in Guinea and in neighboring Mali.