INFRASTRUCTURE: Pentagon loans Stoke Space $150 million to build launchpad at Cape Canaveral. “The War Department yesterday awarded the rocket startup Stoke Space a $150 million conditional loan, with the money to be used to build a second launchpad at Cape Canaveral to launch the company’s proposed larger Nova Block 2 reusable rocket.”

Nova Block 2 will have basically the same specs and reusability as the retiring Falcon 9. There’s still so much medium-term demand for the Falcon 9 that its upcoming retirement is causing a bit of a panic in the industry.