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European astronauts want their own spacecraft after decades of reliance on Russia, NASA, SpaceX
On February 16th, the European Space Agency (ESA) held the European Space Summit in Toulouse, France, offering European Space Agency leaders and European Union (EU) member states an opportunity to discuss the present and future of European spaceflight.
The central idea circulating the summit was evident: Europe wants to reassert itself as a global leader in space exploration. While ESA and member states continue to make exceptional contributions to robotic space exploration and – to a lesser degree – rocketry, leaders at the summit believe that there is still a large amount of untapped potential within the European space industry. ESA hopes to fill these gaps while tackling the societal, economic, and security challenges that come along with it. The ESA’s goal is to grow as a space fairing nation and compete side by side with the United States, Russia, and China on all fronts – including the possible creation of their own domestic human spaceflight program.
ESA Director-General Josef Aschbacher was encouraged to speak on the subject, stating that “I am very happy to accept President Macron’s proposal to establish a high-level advisory group on ‘human space exploration for Europe’.” “This decision will shape what Europe will look like in the decade to come. We have to involve experts from all walks of life and mainly from non-space, for example, historians, economists, geopolitical experts, explorers on Earth, and philosophers to fully grasp all its implications and help us take [sic] the right decision.”
Organizations such as the European Association of Space Explorers (ASE) have strong opinions on the future of the European Space Agency. The ASE represents the over 45 European astronauts and cosmonauts who have been flying to space since 1978 – including several ESA astronauts that most recently flew to and from the Internation Space Station on SpaceX’s Falcon 9 rocket and aboard Crew Dragon.
Released in a three-page manifesto titled, “EUROPEAN ASTRONAUTS’ MANIFESTO ON THE OCCASION OF THE EUROPEAN SPACE SUMMIT”, the organization expressed its passion for human spaceflight and wrote to encourage the ESA to further develop a program that might one day allow the European Union to launch its own astronauts.
“A Europe that projects itself as a leading society must have the capabilities to set its own goals, and to decide for itself how far it wants to go in space exploration, united in our European values,” the document stated. “We now have a unique window of opportunity to accelerate and become a fully recognized partner of the global space endeavor.” An advisory group has been put together by the ESA to further explore these possibilities and is set to report back to the ESA on their findings at the next ESA Council of Ministers held in November 2022.
“Between now and summer, we want to come up with more specific European targets and ambitions for manned space travel,” he said through an interpreter. “We need to know what our priorities are, have the data to back it up and prepare the choices we are going to take for the November [ESA] ministerial meeting.”, stated Aschbacher. ESA has repeatedly attempted to develop its own crewed spacecraft in the past, including the “Crew Rescue Vehicle” (one variant shown in the header image), Crew Space Transport System, and Hermes spaceplane.
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Among the conversations of human spaceflight, the summit also revealed additional initiatives the ESA plans to focus on as they further develop a more independent space program.
The ESA presented three “accelerators” or objectives that they aim to focus on while ramping up their space program. “Space for a Green Future”, “Rapid and Resilliant Crisis Response”, and “Protection of Space Assets”. According to the ESA, the three programs are described as the following:
“Space for a Green Future” aims to use data derived from Earth observation satellites to help Europe act to mitigate climate change and to support reaching a carbon-neutral economy by mid-century.
“Rapid and Resilient Crisis Response” seeks to better use space data, cognitive cloud computing, and intelligent interconnectivity in space to support those in charge to provide the vital responses to crises on Earth.
“Protection of Space Assets” will contribute to preventing damage to the European space infrastructure and avoid disruption to its economically vital infrastructures such as power supplies and communications links due to space weather conditions.
Tesla CEO Elon Musk said that flying cars will be coming to the market, something that his own company has hinted at previously.
Musk said on X, in response to a post that read, “We were promised flying cars and all we got is infinite superintelligence for everyone,” “You will get flying cars.”
You will get flying cars
— Elon Musk (@elonmusk) August 12, 2026
The post rang back to when Musk teased flying and hovering capabilities for the Tesla Roadster, the company’s supercar that has been delayed more times than anyone cares to count. It was set for an unveiling earlier this year, but it was then pushed back to August. There is still no sign of it coming.
However, that does not mean it won’t. But one of the biggest features of the Roadster that was teased was a SpaceX package that featured cold gas thrusters on the rear end that would help with white-knuckle acceleration. Another set would face the ground and would help the Roadster gain small bits of altitude, potentially helpful to jump over obstacles.
Elon Musk hints at Tesla Roadster’s “hovering” abilities in SpaceX package
But it is not a straightforward thing for Musk. As a serial entrepreneur, he tends to spend his time on major disruptors; currently, his largest projects are artificial intelligence and compute power, as well as SpaceX’s launches that will eventually make life multiplanetary.
In the past, he has been critical of flying cars and has been in favor of tunnels, one of the big reasons he started the Boring Company. In 2017 at a TED talk, he said:
“There is a challenge with flying cars in that they’ll be quite noisy. The wind force generated will be very high. Let’s just say that if something’s flying over your head, if there are a whole bunch of flying cars all over the place, that is not an anxiety-reducing situation…You’re thinking, ‘Did they service their hubcap? Or is it going to come off and guillotine me as they’re flying past?'”
However, he’s never been against them. He has also said he’s in favor of both tunnels and flying cars.
Contrary to press reports, I’m not against flying cars. Just said it was important to consider both pros and cons.
— Elon Musk (@elonmusk) March 24, 2015
Most recently, Musk said that anyone who wants a flying car should be able to get one. This was stated last October on the Joe Rogan Experience:
“My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars… I think if Peter wants a flying car, we should be able to buy one.”
Whether the Roadster will be Tesla’s flying car or potentially another one remains in the mind of Musk. Of course, the Roadster will have to make its way to production lines before we find out.
Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
Tesla CEO Elon Musk says flying cars are coming
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
