News
SpaceX wins US military satellite constellation launch contract to close out 2020
SpaceX’s Falcon 9 workhorse rocket has secured a new US military launch contract worth $150 million, closing out a spectacularly successful year.
Announced by the Department of Defence’s (DoD) Space Development Agency (SDA) on December 31st, the contract stipulates that SpaceX will launch as many as 28 Transport and Tracking Layer (TTL) satellites on two Falcon 9 rockets in the seven months between September 2022 and March 2023. If things go according to plan, those two launches will orbit an entire “Tranche 0” satellite constellation hoped by the SDA to demonstrate the exceedingly rare ability for a US military agency to move quickly and field solutions that are both affordable and effective.
If successful, Tranche 0 will provide the US military with a globally-networked satellite constellation of communications satellites and missile detection satellites capable of delivering “warning, tracking, and targeting” data anywhere on Earth.

Curiously, SDA’s decision comes at the same time as repeated protests from Raytheon have frozen work on 8 of the ~28 satellites SpaceX is now scheduled to launch – four of which SpaceX itself won $149 million to design and build. Known as the Tracking Layer of Tranche 0, SDA contracted with SpaceX and L3Harris ($193 million) on October 7th, 2020 to build four missile warning satellites apiece. The award was SpaceX’s first satellite production contract ever, rather quietly catapulting the company into the multibillion-dollar market for US civil and military spacecraft.
SDA ultimately bowed to Raytheon’s protests and announced plans to “reevaluate” its decision to award Tracking Layer contracts to SpaceX and L3Harris, but the agency says it will not allow new bids to be submitted. In other words, unless SDA discovers some kind of error in its original decision-making process, odds are extremely low that the protest will change the outcome. In the meantime, though, the protest means that SpaceX and L3Harris are legally required to pause all work on their respective satellite development contracts until the SDA completes its reevaluation.

The month prior, SDA had awarded contracts to Lockheed Martin ($187.5M) and York Space Systems ($94M) to deliver ten “Transport Layer” satellites apiece. The Tranche 0 Transport Layer is designed to use laser interlinks to securely route Tracking Layer missile warning alerts almost anywhere on Earth while also providing some limited general-purpose communications capabilities.
Ultimately, whether Raytheon’s protests actually net the company one of the Tracking Layer satellite production contracts, SpaceX is now guaranteed to launch them.
News
Tesla Cybercab almost looks production ready in new photos
Tesla’s AI team recently posted an image of the Cybercab going Animal Style at an In-and-Out drive-through.
Tesla’s AI team recently posted an image of the Cybercab going Animal Style at an In-and-Out drive-through. But while the Cybercab’s passengers were quite funny, the photos themselves suggest that some of the Cybercab’s components may already be production-ready.
Cybercab goes Animal Style
Seemingly as a fun Halloween post, the Tesla AI team shared a photo of a Cybercab, complete with passengers who were in costume, at an In-and-Out drive through. Based on the photos that were shared on X, it appeared that the Cybrcab was being accompanied by a Tesla Model Y Premium. The Tesla AI team shared a lighthearted caption to the image, writing “Animal Style,” a reference to a popular secret menu item for the fast food chain.
In a way, the Tesla AI team’s Halloween post was a lighthearted reference to the popularity of In-and-Out among Tesla owners. This is partly because of the Tesla Supercharger network, which has numerous locations that are close to In-and-Out sites. Elon Musk has also jokingly confirmed in the past that driving prototype Teslas through an In-and-Out is a tradition and a fun milestone marker.
Apparent production-ready Cybercab sections
While the Tesla AI team’s photos provided some lighthearted fun to the EV community, some industry watchers pointed out that the Cybercab in the photos looked production ready, or at least some parts of it seem to be. This is especially noticeable in the Cybercab’s front end, which looks very refined and well-built.
The front end of the Cybercab on the In-and-Out photo even had a license plate mount, and previous sightings revealed that the door of the vehicle had been updated since it was unveiled last year.
With this in mind, speculations are abounding that the Cybercab might indeed be ready for initial production soon. The installation of production equipment in Giga Texas has been ongoing for several months now, and tests of the Cybercab in both the Giga Texas complex and on public roads have also ramped.
Investor's Corner
Michael Dell points out practical advantage of Elon Musk’s proposed pay package
As pointed out by the Dell Technologies CEO, Musk will only be rewarded if he delivers extraordinary value to shareholders
Michael Dell has weighed in on Elon Musk’s controversial 2025 CEO Performance Award, offering a grounded perspective amidst the noise surrounding the pay package today.
As pointed out by the Dell Technologies CEO, Musk will only be rewarded if he delivers extraordinary value to shareholders. Musk would quite literally receive no compensation if he fails to achieve his targets.
Dell emphasizes results over rhetoric
Dell shared his thoughts about Musk’s 2025 CEO Performance Award in a post on X.“Vote FOR Elon Musk. The award is only achieved IF he hits exceptionally ambitious market-cap and operational milestones—if he falls short, he gets nothing,” Dell wrote in his post.
“If he succeeds, shareholders will win big through unprecedented value creation, and he will earn added voting rights to continue driving Tesla’s long-term vision.”
Musk replied with a short “Thanks Michael,” acknowledging Dell’s support. Dell’s framing cuts through the debate surrounding Musk’s compensation, as he simply focused on the incentive structure’s risk-reward balance.
Musk’s ambitious pay package
Elon Musk’s 2025 CEO Performance Award requires Tesla’s market capitalization to rise from roughly $1.1 trillion today to $8.5 trillion within a decade. This would make Tesla more valuable than any company in history.
Apart from this, Tesla’s operating profit must also grow from $17 billion to $400 billion annually. Musk must also lead the company to several product-related milestones, such as 20 million cumulative vehicle deliveries, 10 million Full Self-Driving subscriptions, 1 million Tesla Bots, and 1 million operating Robotaxis.
So far, proxy advisors Glass Lewis and ISS have urged shareholders to vote against the plan. Some prominent investors, including ARK Invest CEO Cathie Wood, however, have voiced strong support for the plan. Wood called Musk “the most productive human being on earth,” arguing that his vision and ability to attract talent are central to Tesla’s success.
News
Starlink V3 satellites could enable SpaceX’s orbital computing plans: Musk
Musk’s remarks come as companies explore how orbital infrastructure could solve the Earth-bound energy and cooling challenges that come with hyperscale AI computing.
As artificial intelligence fuels surging demand for computing power, Elon Musk has hinted that SpaceX may use its Starlink V3 satellites to develop space-based data centers.
Musk’s remarks come as companies explore how orbital infrastructure could solve the Earth-bound energy and cooling challenges that come with hyperscale AI computing.
SpaceX could lead the race to orbit-based computing
After Ars Technica published a report on autonomous space construction, Musk replied on X: “Simply scaling up Starlink V3 satellites, which have high speed laser links would work. SpaceX will be doing this.”
SpaceX’s Starlink V3 platform is capable of up to 1 terabit per second (Tbps) throughput, so it could potentially form the foundation for orbital computing clusters powered by solar energy.
Proponents have noted that such data centers could eliminate the massive land, water, and power footprints of traditional facilities on Earth. Critics, however, have question the economics and complexity of maintaining large-scale data systems in orbit.
Elon Musk, for his part, recently reiterated on X that this particular idea is a very big deal.
SpaceX’s track record is substantial
Despite the reservations for such a radical idea, SpaceX’s track record is pretty much bulletproof at this point. The company’s Starlink network, once deemed as unrealistic by critics, now delivers broadband to millions worldwide while turning a profit. Its Falcon 9 rockets, which are capable of landing on land or on a drone in the middle of the ocean, are also among the world’s most reliable.
With this track record in mind, it would seem that Elon Musk’s idea of using Starlink satellites as the building blocks for a space-based data center might not be too farfetched at all.
Interest in space-based data storage and processing has intensified in recent months, Ars noted. Former Google CEO Eric Schmidt reportedly acquired Relativity Space with an eye on orbital data infrastructure, while Jeff Bezos recently predicted gigawatt-scale data centers will operate in space within two decades.
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