Honda Unexpectedly Enters the Space Race With First Successful Rocket Launch

In a bizarre twist, Honda, the Japanese car manufacturer, has taken its engineering off-road—and into space. The company launched and landed a prototype reusable rocket on Tuesday, June 17, marking a key milestone toward its newfound goal of achieving suborbital spaceflight by 2029.
In the surprise announcement, Honda R&D—the company's research arm—said it successfully completed the first launch and landing test of its 20.6-foot (6.3-meter) experimental reusable launch vehicle after reaching an altitude of 889 feet (271 meters) at its test facility in Taiki, a town in northern Japan known for space research. The test aimed to demonstrate technologies essential for rocket reusability, such as flight stability during ascent and descent, as well as landing capability, according to the company statement.

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Tesla (NasdaqGS:TSLA) Expands Into Indian Market With First Showrooms Opening In July

Tesla marked a significant milestone with a 29% increase in its share price over the last quarter, aligning with broader market trends despite facing challenges. The announcement of opening its first showrooms in India represents a substantial step into a key market, potentially boosting investor sentiment. Meanwhile, the resignation of a key executive and the inclusion of a new board member might have created mixed reactions, though these were countered by expanded market opportunities like Tesla's Supercharger accessibility for Kia EV owners. Amidst geopolitical tensions influencing oil prices, Tesla's strategic moves seem to have positively reinforced its quarterly performance. We've discovered 2 warning signs for Tesla that you should be aware of before investing here. Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The recent developments at Tesla hold promising implications for its strategic vision and broader market appeal. The significant strides into the Indian market, coupled with enhanced Supercharger opportunities, are poised to elevate revenue streams by expanding Tesla's global footprint. Over the last five years, the company's total shareholder return exceeded 403%, underscoring its capacity to capitalize on emerging opportunities and engage investor confidence. In the shorter term, Tesla's shares surpassed the US market return of 10.4% and the US Auto industry's 61.9% over the past year, although its high volatility suggests mixed investor sentiment. Recent executive changes and new board appointments, while initially may have unsettled sentiment, could potentially drive the company's strategic advancements by bringing fresh perspectives to leadership. The anticipated influence of Tesla's ventures like the robotaxi, Cybercab, and Optimus humanoid robots aims to open new revenue channels that may positively affect earnings forecasts, potentially contributing to an expected annual earnings growth of 27.5% over the next three years. The short-term 29% share price increase reflects investor optimism, though the current price of US$275.35 is just 4.9% shy of the analyst consensus price target of US$289.44, indicating a perceived fair valuation based on projected earnings and profit margins. Explore Tesla's analyst forecasts in our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:TSLA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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Nasa spacecraft around the Moon photographs crash site of Japanese lunar lander

A Nasa spacecraft around the moon has photographed the crash site of a Japanese company's lunar lander. Nasa released the pictures on Friday, two weeks after ispace's lander slammed into the moon. The images show a dark smudge where the lander, named Resilience, and its mini rover crashed into Mare Frigoris or Sea of Cold, a volcanic region in the moon's far north. As of 8:00 a.m. on June 6, 2025, mission controllers have determined that it is unlikely that communication with the lander will be restored and therefore completing Success 9, is not achievable. It has been decided to conclude the mission. 'Given that there is currently no… — ispace (@ispace_inc) June 6, 2025 A faint halo around the area was formed by the lunar dirt kicked up by the impact. Nasa's Lunar Reconnaissance Orbiter captured the scene last week. The crash was the second failure in two years for Tokyo-based ispace. Company officials plan to hold a news conference next week to explain what doomed the latest mission, launched from Cape Canaveral in January.

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Lexus unveils plans for new model with incredible features: 'It's a big deal'

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