Trucker protest hits the auto supply chain
Plus, is Zillow on the comeback trail?

Loren Elliott/Getty Images
• less than 3 min read
🚀 Elon gave a Starship update. The massive, fully reusable spacecraft—which Elon Musk has called “the holy grail of space technology”—could lower launch costs to less than $10 million within two to three years, the SpaceX CEO said yesterday (the company charges $60–$65 million per launch currently). Starship is expected to be a workhorse for the space industry; NASA wants to use it to bring astronauts to the moon in 2025, and Musk wants to use it for colonizing Mars...sometime after that.
🚚 Anti-vaccine protesters are causing real damage to supply chains. Toyota, Ford, and GM are suspending or scaling back production at several plants as Freedom Convoy protests continue to disrupt a vital trade route along the US–Canada border. Meanwhile, the US Department of Homeland Security warned that brewing copycat protests in the US could threaten the Super Bowl this weekend.
🏠 Zillow on the comeback trail? First, the bad news: The company lost a whopping $881 million on its algorithmic home-buying business last year (which it closed down in November). Now, the better news: It's offloading its homes faster than expected, and also announced plans to build a “housing super app” that will drive revenue growth. Its battered stock surged 16% after the report.—NF
Morning Brew delivers quick and insightful updates about the business world every day of the week from Wall St. to Silicon Valley.
By subscribing, you accept our Terms & Privacy Policy.
Morning Brew delivers quick and insightful updates about the business world every day of the week from Wall St. to Silicon Valley.
By subscribing, you accept our Terms & Privacy Policy.