Business
Stray SpaceX Rocket Believed to Have Crashed Into the Moon Near Einstein Crater, Scientists Say This Week
LONDON — A discarded upper stage from a SpaceX Falcon 9 rocket is believed to have slammed into the Moon‘s surface near the Einstein crater early Wednesday, giving planetary scientists an unusual opportunity to study the effects of a high-speed impact whose exact size, speed and location are already known in advance.
The empty rocket stage struck the lunar surface at approximately 7:35 a.m. British Summer Time, or 6:35 a.m. GMT, traveling at roughly 5,400 miles per hour, or about 8,700 kilometers per hour, according to tracking data cited by researchers. The impact occurred in broad daylight across much of the world, meaning the brief flash the collision produced would have been far too faint to see, even for observers using high-end amateur telescopes.
A Predictable Piece of Space Debris
The rocket stage originated from a Falcon 9 launch that lifted off from Florida in January of last year, carrying two lunar landers into space. The mission’s primary objective, successfully sending both landers beyond Earth’s orbit and onto a trajectory toward the Moon, was accomplished at the time. What remained afterward was the spent upper stage itself, a discarded piece of hardware roughly the size of a five-story building and weighing at least 4,000 kilograms, left drifting in a long, looping orbit that repeatedly swung out toward the Moon and back again.
Over the following 18 months, the combined gravitational pull of the Earth, Moon and Sun, along with the faint but persistent pressure of sunlight itself, gradually nudged the object off its original path. Astronomers tracking the derelict rocket stage eventually determined that those small perturbations had placed it on a collision course with the Moon, with its velocity increasing day by day as it approached.
Limited Real-Time Observation
Despite the precision with which scientists were able to predict the time and location of impact, few observers, human or robotic, were positioned to witness the collision as it happened. Spacecraft currently orbiting the Moon were not situated correctly to capture the event live. South Korea’s Danuri orbiter came closest, having passed near the eventual crash site shortly before impact, though its research team has indicated that any footage it captured will only be released once scientists have completed their analysis of the data.
Amateur astronomers observing from locations still in darkness at the time of impact would have had little realistic chance of catching the flash itself, given that any visible light produced likely lasted only a fraction of a second. Some observers may, however, have caught sight of a resulting plume of lunar dust that could have stretched as far as 100 kilometers, or about 62 miles, across the surface and remained visible for several minutes afterward.
Powerful Telescopes Positioned to Capture the Aftermath
The clearest scientific data and the first usable images are expected to come from large observatories located in the Americas, where the sky remained dark at the time of the predicted impact. Even with sophisticated instruments, detecting the effects of a roughly 14-meter object striking the lunar surface from a distance of about 385,000 kilometers presents a significant technical challenge, and researchers have cautioned that processing and verifying the resulting imagery could take anywhere from several hours to multiple weeks.
NASA’s Lunar Reconnaissance Orbiter is expected to be positioned to photograph the impact site within the coming days, allowing scientists to directly compare images of the lunar surface taken before and after the collision, a comparison that should help pinpoint the crater’s exact size and shape once available.
Turning an Accident Into a Controlled Experiment
What might otherwise be dismissed as an unfortunate piece of space debris striking the lunar surface has instead become what researchers describe as a rare scientific opportunity. Because the rocket stage’s exact size, velocity and point of impact were already well understood in advance, the event effectively functions as a controlled experiment rather than a random occurrence, allowing planetary geologists to directly test their existing models of how impacts excavate craters, scatter debris across a surface, and send tremors rippling through a celestial body’s interior.
That data carries practical implications beyond pure scientific curiosity. Understanding precisely how much rock and dust a given impact throws into the surrounding environment could help engineers design safer landing systems and future lunar bases, including calculations for how far flying debris might travel from a landing site and how significantly the ground could shake in the surrounding area. Material excavated from beneath the lunar surface by the impact may also offer fresh geological clues that could add to scientists’ broader understanding of how the Earth-Moon system originally formed roughly 4.5 billion years ago.
Part of a Long History of Lunar Impacts
Wednesday’s collision is far from the first time human-made hardware has struck the Moon. Spacecraft and rocket components have been crashing into the lunar surface since 1959, when the Soviet probe Luna 2 became the first human-made object to reach the Moon, in most cases by accident and in several cases deliberately as part of planned scientific missions. NASA’s Ranger probes carried out similar impacts throughout the 1960s, various Apollo-era rocket stages were later crashed into the surface for research purposes, and the LCROSS mission was deliberately steered into the Moon in 2009 specifically to search for signs of water ice.
The last confirmed accidental lunar impact prior to Wednesday’s event occurred in 2022 and was believed to involve a leftover rocket booster originally launched as part of a Chinese lunar mission back in 2014, a reminder that discarded hardware from decades of space exploration continues to drift unpredictably through cislunar space, occasionally returning to strike the very body many of these missions were originally sent to study.
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Opportunity Across Beta In Emerging Markets Debt
William Blair is committed to building enduring relationships with our clients and providing expertise and solutions to meet their evolving needs. We work closely with the most sophisticated investors globally across institutional and intermediary channels. We are 100% active-employee-owned with broad-based ownership. Our investment teams are solely focused on active management and employ disciplined, analytical research processes across a wide range of strategies. We are based in Chicago with resources in New York, London, Zurich, Sydney, Stockholm, and The Hague, and dedicated coverage for Canada.
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TV Channel, Kickoff Time and Full Details Now
Chelsea and Juventus meet Wednesday in one of the summer’s most closely watched preseason friendlies, with both European giants using the match at Kai Tak Sports Park in Hong Kong to fine-tune their squads ahead of the 2026-27 season.
The match, part of the Hong Kong Football Festival 2026, kicks off at 7:30 p.m. local time in Hong Kong, which translates to 8 a.m. UTC. That puts the start time at roughly 4 a.m. Eastern time in the United States, giving American fans an early wake-up call if they want to catch the match live.
How to Watch in the United States
Fans in the United States have multiple ways to follow the match. The game will be shown live on Prime Video, Paramount+ and CBS Sports Golazo, giving viewers a choice between several major streaming platforms depending on existing subscriptions. Paramount+ carries CBS Sports’ soccer coverage broadly, including UEFA Champions League matches, in addition to a wide slate of other sports and entertainment programming, while CBS Sports Golazo offers dedicated soccer coverage as part of its programming lineup.
How to Watch in the UK and Elsewhere
For fans in the United Kingdom, the match will not be shown on traditional television. Instead, Chelsea is streaming the game live through the club’s own CFC+ subscription service, available via the Chelsea Official App and the club’s website. Supporters should note that the CFC+ stream will not be available in Hong Kong, Macau or Italy, meaning fans in those specific markets will need to seek alternative broadcast options where available.
For those without access to a CFC+ subscription or one of the U.S. streaming platforms, Chelsea’s Matchday Live service offers minute-by-minute updates throughout the match via the club’s official app and website, including confirmed starting lineups as soon as they are announced, along with live text commentary, statistics and imagery throughout the game. Juventus has also indicated the match will be available to watch for free through its own club channels as part of coverage of what the Italian club is calling the first fixture of its Summer Tour.
A Big Test for Both Sides
Wednesday’s match represents a significant challenge for both clubs as they continue building toward the new season. Chelsea enter the fixture off the back of a disappointing 2-1 defeat to rivals Tottenham Hotspur on Saturday in Sydney, a result that saw manager Xabi Alonso continuing to experiment with his tactical setup as his first full season in charge of the Premier League side approaches. Alonso’s side also faced 10-man Tottenham during the Australian leg of their preseason tour before moving on to face Juventus and, subsequently, AC Milan in Hong Kong and Jakarta.
Juventus, meanwhile, arrive in strong defensive form, having yet to concede a goal across their preseason warmup matches so far, most recently claiming a 2-0 win over Nice. Manager Igor Tudor is using the club’s preseason schedule to continue establishing his tactical identity with the Serie A side ahead of the new campaign, and is expected to field a strong lineup against Chelsea given the profile of the opponent.
Squad News and Returning Players
Among the storylines surrounding Chelsea’s squad ahead of the match is the potential involvement of winger Mykhailo Mudryk, who could make his return to competitive football after a 20-month suspension following an adverse finding for a banned substance in 2024. Alonso has confirmed that the 25-year-old, who joined Chelsea for $115 million in January 2023, is available for selection as the club continues preparing for the new season. Chelsea has been using its preseason friendlies broadly to build squad chemistry, improve match fitness, and integrate several new signings, while also providing valuable minutes to players returning from injury or international duty over the offseason.
What Comes Next
Wednesday’s match against Juventus is not Chelsea’s final preseason test. The club is scheduled to continue its Asia tour with a subsequent friendly against AC Milan in Hong Kong before wrapping up preparations with a match in Jakarta, Indonesia. Once the squad returns to London, Chelsea will host Real Sociedad at Stamford Bridge on Saturday, Aug. 15, in what is expected to be their final home tune-up before officially opening the 2026-27 Premier League season away to Fulham on Monday, Aug. 24.
For Juventus, Wednesday’s fixture against Chelsea is similarly positioned as one of the tougher tests of their preseason slate, with the Italian club continuing preparations for their own return to competitive football as the new Serie A campaign approaches.
A Marquee Preseason Matchup
While no trophy or competition points are on the line, Wednesday’s friendly carries added significance given the profile of both clubs and the timing within their respective preseason schedules. With Chelsea working to sharpen its form under Alonso following back-to-back tour matches, and Juventus looking to extend a clean defensive record under Tudor, the match offers both managers a valuable opportunity to assess squad depth and tactical cohesion against high-level opposition before facing the pressures of the regular season.
Fans looking to follow the match across any platform are advised to confirm regional streaming availability ahead of kickoff, given the blackout restrictions in place for Hong Kong, Macau and Italy on Chelsea’s own CFC+ service, as well as the early morning start time facing viewers across North America.
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Ken Griffin proceeds with Citadel skyscraper despite Mamdani feud
FOX Business Madison Alworth reports on Citadel CEO Ken Griffin reaffirming plans to move his firm to Miami from New York City, driven by a desire for a state that embraces business on Varney & Co.
The development of a skyscraper in New York City that will house Ken Griffin’s Citadel is moving forward despite his feud with New York City Mayor Zohran Mamdani.
The skyscraper project at 350 Park Avenue is being developed by Griffin’s Citadel in partnership with Vornado Realty Trust and Rudin, and will see two of Griffin’s firms being anchor tenants.
Steven Roth, CEO of Vornado Realty Trust, said on the company’s earnings call on Tuesday that the project is underway and that the REIT will maximize its stake in the venture.
“If you drive or walk past Park Avenue at 52nd Street, you will see that our 350 Park Avenue site is now under construction, actually under demolition. We intend to shortly exercise our investment option to participate in this deal at our maximum ownership alongside Ken Griffin as our 60% partner and with Citadel as our 1-million-square-foot anchor tenant.”
HEDGE FUND BILLIONAIRE EXPANDS MIAMI DEVELOPMENT PLANS AFTER MAMDANI FEUD

The new skyscraper being built by Citadel, Vornado and Rudin will be at 350 Park Ave. in New York City. (Fox Business)
Roth said on the call that Citadel holds a 60% stake in the partnership, while Vornado’s will top out at 36%.
The project is moving forward after Mamdani specifically criticized Griffin for owning a penthouse on Central Park South in a video detailing his new pied-a-terre tax, which is levied on high-value residential properties whose owners don’t live in the city full-time.
Mamdani spurred the controversy with an April 15 video the mayor recorded in front of Griffin’s penthouse, calling him out as a wealthy hedge fund owner who would be subject to the new luxury property tax.
NEW YORK’S WEALTHY RUSH TO AVOID MAMDANI’S SECOND-HOME TAX

New York City Mayor Zohran Mamdani stands outside of Citadel CEO Ken Griffin’s Park Avenue penthouse in an April 15, 2026, video. (NYC Mayor’s Office)
“When I ran for mayor, I said I was going to tax the rich. Well, today we’re taxing the rich… This is an annual fee on luxury properties worth more than $5 million whose owners do not live full-time in the city – like this penthouse, which hedge fund CEO Ken Griffin bought for $238 million,” Mamdani said in his video.
Griffin responded, calling the personal attack “creepy and weird,” worrying that it put him in harm’s way and demonstrated a “profound lack of judgment,” on Mamdani’s part.

Citadel CEO and founder Ken Griffin said Mamdani’s video was “creepy and weird.” (Aaron Schwartz/Bloomberg via Getty Images)
Citadel executives went on to suggest that the new office space could become a casualty of Mamdani’s not-so-business-friendly policies.
Gerald Beeson, the firm’s COO, wrote in an April 23 memo to employees that the firm’s development of 350 Park Avenue was about to begin and would create “6,000 highly paid construction jobs” as well as support the “creation of more than 15,000 permanent jobs in Midtown New York.”
“The project – if we move forward – will entail more than $6 billion dollars of spending,” Beeson wrote.
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Mamdani eventually softened his rhetoric and thanked Griffin for his contributions to the city, including funding a memorial wall for police officers killed in the September 11 attacks and those who died of illnesses related to the recovery from the attacks that will open later this year in NYC Police Headquarters.
FOX Business’ Robert McGreevey contributed to this report.
Business
Global Market Today: Asian stocks drop as AI rally pauses, oil dips
The MSCI Asia Pacific Index declined 0.2%, with South Korea’s Kospi Index falling 1%. Earlier, the S&P 500 Index pulled back from a record high while an index of semiconductor stocks lost more than 1%, even as Nvidia Corp. advanced. SpaceX tumbled 14% despite strong earnings, ahead of the release of about $101 billion of shares for trading Thursday.
Sentiment improved in early Asian trading, with S&P 500 Index futures rising 0.1%. However, a cautious tone lingered as memory makers Sandisk Corp. slid 7.5% and Western Digital Corp. plunged 11% in post-market trading after reporting earnings.
US crude edged lower on Thursday after Iran said it had reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz, a potential step toward reopening the critical waterway. West Texas Intermediate fell 0.4% to below $75 per barrel. The dollar held its losses from the previous session, while gold hovered around $4,270 an ounce after posting its biggest gain since February.
Wednesday’s pause in the US stock rally came as investors reassessed valuations after AI-related shares rebounded sharply from last month’s bruising selloff, which hit several hedge funds. Traders are now focused on developments in the Middle East for clues on the direction of oil prices, with knock-on effects for inflation and central bank policy.
“AI-related results and commentary have sparked some profit taking,” said Colin Cieszynski, chief market strategist and portfolio manager at SIA Wealth Management Inc.
Meanwhile, Treasury yields were little changed on Wednesday after data showed the US services sector expanded at a steady pace in July, even as higher costs for labor and materials continued to weigh on businesses. Hiring slowed, with companies adding fewer workers than expected.If Friday’s monthly payrolls report confirms signs of a cooling labor market, it may give Federal Reserve officials room to keep their focus on stubborn inflation, rather than employment.
Even so, policymakers continued to signal they are prepared to tighten policy further if price pressures persist. Minneapolis Fed President Neel Kashkari told CNBC the central bank should begin raising interest rates incrementally now, while Governor Lisa Cook said she was prepared to act if inflation failed to keep slowing.
“If I do not see signs of continued disinflation soon, I am prepared to act,” Cook said Wednesday in a speech at an event in Alaska. “With five years of above-target inflation, the risk grows that higher inflation may become entrenched in price- and wage-setting behavior, leading to persistence that would be much harder for us to attack.”
Business
Meta says AI model accessed the internet and hacked another firm
Facebook owner Meta says an error during an evaluation by an independent testing company allowed one of its artificial intelligence (AI) models to connect to the internet and hack another organisation’s system.
The announcement follows recent incidents across the AI industry, including breaches by OpenAI and Anthropic models, that have raised cyber-security concerns.
A Meta spokesperson told the BBC that it was investigating the hack that was caused by a “misconfiguration”, which it described as similar to previously reported incidents at other firms.
The incidents have prompted researchers and governments to call for tougher safeguards and more rigorous testing.
Meta said the tests were conducted by Irregular, an AI security vendor, which notified it about the breach.
The BBC has contacted Irregular for comment.
Meta also said it will publish more information on the incident “once we have all the facts.”
In the past two weeks, AI leaders OpenAI and Anthropic have also reported incidents in which their models hacked into other organisation’s systems during testing.
ChatGPT-maker OpenAI said in a series of announcements that its agents attacked several publicly available services, including AI tools hub Hugging Face.
OpenAI’s disclosure prompted rival Anthropic to conduct its own checks, leading to the discovery that its Claude AI model had carried out similar attacks on several firms after a “misconfiguration” gave it access to the internet.
Some commentators have questioned the timing of disclosures about the incidents as tech firms wrestle for dominance in AI development.
OpenAI and Anthropic are preparing blockbuster stock market listings that are expected to value each firm at around $1tn (£740bn).
This week, the UK’s AI Security Institute (AISI) said that its testing had found that some models tried to carry out cyber-attacks by creating fake human profiles to try and trick people.
In the most serious case, the AISI said Anthropic’s Mythos AI tried to gain access to a service by sending private messages using fake accounts mimicking real people.
Anthropic said AISI’s tests were not “representative of any of our production models”. OpenAI, whose models were also tested, said AISI’s evaluations did not reflect ordinary use.
Business
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