Sirius and XM Merger Approved
July 25, 2008First Launch from Cape Canaveral
July 24, 1950
The first successful rocket launch occurs at Cape Canaveral. The rocket, Bumper 8, was a captured German V-2 modified with a US Army Corporal second stage.
Cape Canaveral’s location in the southeast is an ideal site for rocket launches in the United States. By launching eastward, rockets are able to take advantage of the linear velocity of the Earth’s rotation. This velocity is greatest towards the equator, making the southern United States preferable. And by launching towards the ocean, away from populated areas, safety downrange from the launch is maximized in case of problems.
Apple Passes $500 Billion Valuation
February 29, 2012
The stock value of Apple, Inc. surpasses $500 billion, setting a new record for the company which was already the world’s most valuable company at the time. This day marks a milestone on the historic run for the company from near-bankruptcy in the 1990’s to one of the most, if not the most, dominant technology company in recent history. Apple would later become the first company in history to surpass $700 billion in value in February 2015.
Tokyo Skytree Completed
February 29, 2012
Construction of the Tokyo Skytree broadcast tower, delayed two months due to the 2011 Japan earthquake and tsunami, is completed on leap day – February 29th, 2012. The Tokyo Skytree is the tallest structure in Japan and the world’s tallest tower.