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SpaceX continues commercial launch market dominance with even more contracts

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SpaceX’s Falcon 9 rocket has secured at least two more commercial launch contracts, continuing the company’s dominance in the commercial launch market.

On September 17th, commercial satellite operator Intelsat revealed the completion of a $390 million contract to launch six new satellites in 2022 – split 4:2 between SpaceX and European competitor Arianespace. Intelsat also retained the option to select between SpaceX and Arianespace for the launch of a seventh communications satellite in 2023. For the first six satellites, three pairs have been assigned to three rockets (two Falcon 9 and one Ariane 5). Of the seven future Intelsat spacecraft, five will be built by Maxar with the remaining two to be built by Northrop Grumman.

The announcement comes just six weeks after satellite operator SES announced two new contracts with SpaceX and ULA to launch 4-5 communications satellites – also in 2022. The motivation behind all ~12 satellites is effectively the same: transfer existing geostationary satellite communications services to new satellites using a different spectrum. If successful, any company that succeeds in clearing a particular subset of the “C-Band” spectrum to make way for 5G mobile networks is eligible to receive billions of dollars from the Federal Communications Commission (FCC).

Intelsat declined to explain how the $390 million it was budgeting for all seven launches would be allocated. Based on Ariane 5’s past performance, it would be reasonable to assume that the two satellites manifested on the rocket will cost Intelsat at least $175 million, though the company technically announced plans to cut the rocket’s launch costs by ~40% in 2019 to compete with SpaceX. Assuming $175 million for the Ariane 5 contract, Intelsat could pay $80 million apiece for both Falcon 9 launches and still have $55 million left to launch the seventh satellite – possibly enough for another dedicated Falcon 9 contract.

Regardless, the news continues a relentless train of launch contract wins for SpaceX and likely represents the ninth contract the company has secured in 2020 alone. As of September, that means that SpaceX has won almost three new contracts for every single commercial mission it’s launched in 2020. Even excluding three Falcon 9 launch contracts created by the artificial bubble of geostationary satellite production triggered by the FCC’s C-band transition, SpaceX is far beyond the break-even point this year.

A Falcon 9 booster successfully completed a sixth orbital-class launch and landing for the first time on August 18th. (Richard Angle)

SpaceX’s latest Intelsat contracts mean that the company now has more than 40 launches – entirely excluding Starlink – scheduled in 2022 and 2023. On top of that growing commercial manifest, SpaceX still aspires to launch at least 24 Starlink missions annually. Assuming the company is able boost its annual cadence by ~50%, it’s reasonable to assume that SpaceX will easily be able to sustain 30+ launches annually over the next 3-4 years, if not longer.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla looks to enter a new continent, new job posting shows

Tesla is present on five of the seven continents: North America, Europe, Asia, South America, and Australia. In South America, Tesla currently operates only in one country, Chile, but is looking to expand to more areas.

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Credit: Tesla

Tesla is looking to enter Africa for the first time, launching operations on a new continent and expanding its vehicle business operations.

Tesla is present on five of the seven continents: North America, Europe, Asia, South America, and Australia. In South America, Tesla currently operates only in one country, Chile, but is looking to expand to more areas.

First Tesla Model Y Performance Spotted In Africa

Although the company has not launched anything in Africa, a new job posting indicates that Tesla is looking to launch there for the first time.

According to a new posting on Tesla’s Careers website, it is looking for a full-time Country Sales & Delivery Leader in Casablanca, Morocco:

“The Country Sales & Delivery Leader is responsible for driving the sales and delivery strategy and daily operations across the country. They will hire and develop the best people leaders and ensure the development of the highest performing teams. The Field Sales & Delivery Leader will take accountability for achieving ambitious sales and delivery targets and ensure the business performs on key success criteria, including but not excluded to market growth, customer satisfaction, operational excellence, and employee deployment and retention. In addition to driving business performance across sales & delivery, the Field Sales & Delivery is expected to act as an ambassador for Tesla in the market, as well as provide critical perspective and guidance on decisions impacting outcomes within their market to increase Tesla’s market share.”

Back in July, Tesla officially registered its presence in the Moroccan market with the $2.75 million initial capital investment, according to The Habari Network.

The move marked a formal attempt at market entry for the EV maker, and it could signal even more opportunities through its other business operations, like energy.

Morocco is looked at as one of the countries in Africa that is most prone to transition toward EVs, as its government has focused on renewable energy and strategic investments in transportation.

It also has local production advantages, as Renault operates a plant in Morocco.

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Investor's Corner

Tesla investors want answers to these five questions during Q3 Earnings

These are the top five questions that have been asked and voted for by investors of the company, and what we think about them.

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Credit: Tesla

Tesla (NASDAQ: TSLA) is preparing to report its earnings for the third quarter of 2025 this afternoon. Investors are looking for answers regarding the Robotaxi launch, energy division, potential future vehicle releases, Optimus, and demand stimulation without the tax credit.

Using the investor platform Say, Tesla allows investors to ask questions for the earnings call.

Tesla Q3 2025 earnings: What analysts expect

These are the top five questions that have been asked and voted for by investors of the company, and what we think about them:

  • What are the latest Robotaxi metrics (fleet size, cumulative miles, rides completed, intervention rates), and when will safety drivers be removed? What are the obstacles still preventing unsupervised FSD from being deployed to customer vehicles?
    • What we think: Tesla should release some metrics about Robotaxi operation, but it has been cryptic about fleet size and other statistics in the past. Additionally, CEO Elon Musk said Safety Drivers should be removed ‘by the end of the year,’ and we imagine this will be reiterated during the call. Regarding Unsupervised FSD, Tesla has stated that safety is its priority moving forward with the FSD rollout and Robotaxi as well.

 

  • What is demand/backlog for Megapack, Powerwall, Solar, or energy storage systems? With the current AI boom, is Tesla planning to supply power to other hyperscalers?
    • What we think: This is perhaps the only question of the five that Tesla will be totally forthcoming with, as it usually does not reveal vehicle plans or data on these earnings calls. However, it will be interesting to see if the company has any plans to supplement the increasing AI plans with its energy products. Energy falls under the radar with a lot of its achievements, so it really could be a major focus of this call if this question gets answered.

 

  • What are the plans for new car models? Will Tesla build compact car models leveraging the unboxed Cybercab platform? Will Tesla build a traditional SUV and pickup truck on the Cybertruck platform?
    • What we think: Tesla does not unveil or release plans about projects on earnings calls, so we doubt there will be much color here from executives. Considering Tesla has put so much weight on autonomy in the U.S., we’re not necessarily convinced it will plan to do much more than Cybercab, and SUV and pickup trucks will likely be built on a different platform as well, if they’re offered at all. Musk isn’t sure about bringing the Model Y L to the U.S. market due to the “advent of self-driving.”

 

  • What are the present challenges in bringing Optimus to market, considering app control software, engineering hardware, training general mobility models, training task-specific models, training voice models, implementing manufacturing, and establishing supply chains?
    • What we think: This will likely be where Tesla teases the capabilities of Optimus Gen 3, and comes up with some sort of rough date where it could show off the new design. Tesla has been using Optimus in its factories and other internal operations, so it’s likely we’ll hear some stories about that as well. Tesla is looking to refine the Optimus design so it is useful and capable in residential applications, and its hands are likely the biggest bottleneck as they are arguably the most crucial part of the product.

 

  • Can you talk about demand stimulation avenues beyond affordability? Given the state of global politics, can Tesla’s brand elevate above the divisiveness and return global perception back to our inspirational roots of ludicrous performance, environmental good, and superior safety?
    • What we think: Tesla is going to flex its new Standard offerings now, and the company has been transparent that Musk’s political involvement will wind down in a timely manner, according to the proxy it released when it revealed his pay package. 
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Energy

Tesla China’s Megafactory helps boost Shanghai’s battery exports by 20%: report

Located in the Lingang New Area of the Shanghai Free Trade Zone, the Tesla Megafactory has been running at full throttle since opening in February.

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Credit: Tesla Asia/X

Reports from China have indicated that the Tesla Shanghai Megafactory has become a notable player in China’s booming battery export market.

Located in the Lingang New Area of the Shanghai Free Trade Zone, the Tesla Megafactory has been running at full throttle since opening in February. It produces Tesla Megapack batteries for domestic and international use.

Tesla Shanghai Megafactory

As noted in a report from Sina Finance, the Tesla Shanghai Megafactory’s output of Megapack batteries helped drive a notable rise in lithium battery shipments from the city in the first three quarters of 2025. This is quite impressive as the Megafactory is a rather young facility, though it has been steadily increasing its production capacity.

“The establishment of this benchmark factory has not only driven the rapid development of Shanghai’s energy storage industry but also become a new growth engine for foreign trade exports. Driven by the Tesla energy storage factory’s opening, Shanghai’s lithium battery exports reached 32.15 billion yuan ($4.5 billion) in the first three quarters, a 20.7% increase,” the publication wrote.

Ultimately, the Shanghai Megafactory has proved helpful to the city’s “new three” industries, which are comprised of new energy vehicles, lithium batteries, and photovoltaic systems. Exports of the “new three” products reached 112.17 billion yuan ($15.7 billion), a 6.3% year-over-year increase during the same period. The city’s total trade volume grew 5.4% year-over-year as well, with exports up 11.3%, driven largely by the clean energy sector’s performance.

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Energy storage is helping Shanghai

Since opening in February, the Shanghai Megafactory has been firing on all cylinders. In late July, Tesla Energy announced that the new battery factory has successfully produced its 1,000th Megapack unit. That’s quite impressive for a facility that, at the time, had only been operational for less than six months. 

Speed has always been a trademark of the Shanghai Megafactory. Similar to Tesla’s other key facilities in China, the Megafactory was constructed quickly. The facility started its construction on May 23, 2024. Less than a year later, the site officially started producing Megapack batteries. By late March 2025, Tesla China noted that it had shipped the first batch of Megapack batteries from the Shanghai plant to foreign markets.

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