Energy
For HyperSciences, geothermal energy builds a path to space
These days, it seems anyone wanting to launch rockets will inevitably be compared to Elon Musk and Jeff Bezos, especially if rocket launching isn’t the only business interest on the agenda. Musk has Tesla plus SpaceX, and Bezos has Amazon plus Blue Origin. Now, meet Mark Russell, a disciple of Bezos and rocket engineer who founded HyperSciences, a drilling company that uses aerospace technology to both quickly extract underground geothermal energy and put payloads into orbit at low cost.
The idea of leveraging Earth’s geothermal energy is not a new concept, but the expense and time required to reach the depth needed have been prohibitively expensive. That’s where HyperSciences comes in.
Russell and his team have developed a low-cost, multi-purpose projectile called the HyperDrone that can accelerate to velocities over five times the speed of sound and pulverize hard rock via their HyperDrill. This will enable tunneling speeds that are 5-10 times quicker than conventional methods, and more importantly, it opens up significant market viability in other industries that could benefit, namely when that acceleration is pointed skyward. NASA has already recognized this potential and is a current investor and major partner of HyperSciences.
Bringing accessible, affordable, and true green energy to the international arena is onely one component in Russell’s overarching goal in life. In a way reminiscent of the founder of another famous digging enterprise, The Boring Company, HyperSciences’ founder has both roots in space exploration and a long-term vision for a paradigm shift in space launch capabilities using the same basic
“I would not have left ‘conventional’ aerospace unless there was a path forward for spaceflight,” Russell told me in a conversation we had about his vision for his company’s inventions beyond Earth’s atmosphere. He was referring to his decision to leave Blue Origin after he’d led their crew capsule and vertical takeoff and landing vehicle development to found HyperSciences. I’d heard that Russell had history with the Bezos-led rocket company, but as a lifelong space nerd, I was very excited to hear the extent of his background in aerospace and how it tied into just about everything about his drilling company.
“I was the black sheep of the family that went into the aerospace arena instead of into mining,” he told me, jokingly, before reminiscing about his amateur astronomy hobby and desire to be an astronaut in his younger days. Russell is the third generation of a family of successful miners from Idaho.
It is Rocket Science
The future HyperSciences founder obtained a master’s degree in Aero Astro Engineering from Stanford University before spending some engineering time at Boeing first, then Kistler Aerospace, where he worked with a man who would eventually become Blue Origin’s first president, Rob Meyerson. Russell made the transition to Jeff Bezos’s space venture himself for a time, but as the company moved more in the direction of becoming a traditional launch provider, he made the decision to circle back around to his family mining days where he’d been considering some underground-type space industry ideas that needed more attention to flesh out.
The result of that return home would eventually lead to the invention of the HyperDrill
So, how does a drill transform into a rocket? While the technology itself is the product of very innovative and intelligent minds, the concept overall is simple. A projectile (or rocket payload, rather) is loaded into a long tube that’s been drilled underground, and then fuel is ignited in the bottom of the tube to propel it at hypersonic speed towards space, a second transfer stage possibly being implemented for orbital entry. The company calls the actual launching device the HyperCore Engine. By essentially separating the fuel and the payload of a rocket, the process of putting things into orbit becomes cheaper, safer, and achievable at a much faster rate of launch than anything even being planned by the likes of SpaceX and Blue Origin.
This kind of technology proposition gained NASA’s interest, and HyperSciences has since won a Phase I innovation award for from the agency, the testing for which was successfully completed at Spaceport America in New Mexico at the end of January this year. With this achievement under their belt, Russell’s long-time spaceflight dreams are really starting to take shape.
Looking Beyond Earth
Tying the team’s mining and space technology ambitions neatly together, Russell also told me that his time at Blue Origin contributed more than just direct experience with spaceflight development to his hypersonic launch ambitions. Bezos’s “test early, test often” philosophy was directly relevant to a technology involving speeds 3-6 times the speed of sound – frequent flight testing is a must.
“At this point I realized, you really have to change the paradigm, and you need to test an awful lot,” he explained. “I thought to myself, if you want to practice a lot in 
There was yet another aspect to Russell’s plan in developing his technology that I thought was pretty exciting – crowdsourced investment. Unlike SpaceX and Blue Origin where investment isn’t really accessible to day-to-day citizens wanting to be a part of the “next big thing”, HyperSciences’ latest funding round is being hosted by SeedInvest. This approach provides a real ownership opportunity for pretty much anyone excited about things like aerospace and clean energy, and it’s open until March 22, 2019.
“Every 15 seconds, we’re firing something at hypersonic speeds. Nobody does that. NASA doesn’t do it. Boeing doesn’t do it. But we do it.”
As a native space nerd, I also had to prod Russell about taking HyperSciences’ tech to Mars – did he see a place for it there, whether it be for underground geothermal-type energy hunting or habitat digging? Turns out, he was several steps ahead of me. “I think the next bit of space exploration really does need to drill holes,” he said, acknowledging my sentiments about taking the tech off-planet. “In our patents, we have some applications that aren’t terrestrial.” How’s that for forward thinking?
“Hypersonics is not just about space. It’s a brand new way – a brand new engine,” Russell emphasized to me.
The disruptions already caused by Elon Musk in the same arenas HyperSciences is aiming for have made so many inroads where strict boundaries once stood, and it’s very exciting to see another space-driven company come along and want to keep pushing those boundaries into another phase of development all together. Visiting HyperSciences’ SeedInvest page is a great place to learn more details about the company’s plans and the benefits investors can gain by being a part of their future-forward technology.
The video below provides some exciting visuals and information surrounding the aerospace applications for HyperSciences’ technology, as demonstrated for their NASA Phase I funding award.
Elon Musk
Why SpaceX just made a $60 billion bet on AI coding ahead of historic IPO
SpaceX has secured an option to acquire Cursor AI for $60 billion ahead of its historic IPO.
SpaceX announced today it has struck a deal with AI coding startup Cursor, securing the option to acquire the company outright for $60 billion later this year, while committing $10 billion for joint development work in the interim. The announcement described the partnership as building “the world’s best coding and knowledge work AI,” and comes just days after Cursor was separately reported to be raising $2 billion at a valuation above $50 billion.
The move makes strategic sense given where each company currently stands. Cursor currently pays retail prices to Anthropic and OpenAI to the same companies competing directly against it with Claude Code and Codex. That means every dollar of revenue Cursor earns partially funds its own competition. With SpaceX bringing computational infrastructure to the Cursor platform, that could reduce Cursor’s dependence on OpenAI and Anthropic’s Claude AI as its providers. Access to SpaceX’s Colossus supercomputer, with compute equivalent to one million Nvidia H100 chips, gives Cursor the infrastructure to run and train its own models at a scale it could never afford independently. That one change restructures the entire unit economics of the business.
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Cursor’s $2 billion in annualized revenue and enterprise reach across more than half of Fortune 500 companies gives SpaceX something its xAI subsidiary currently lacks, which is a proven, fast-growing software business with real enterprise distribution.
For Cursor, SpaceX’s $10 billion in joint development funding is transformational. Cursor raised $3.3 billion across all of 2025 to reach that $2 billion in revenue. A single $10 billion commitment from SpaceX, even as a development payment rather than an acquisition, dwarfs everything Cursor has raised in its entire existence. That capital accelerates product development, enterprise sales infrastructure, and proprietary model training simultaneously.
The timing is deliberate. SpaceX filed confidentially with the SEC on April 1, 2026, targeting a June listing at a $1.75 trillion valuation, in what would be the largest public offering in history. The company is expected to begin its roadshow the week of June 8, with Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley serving as underwriters. Adding Cursor to the portfolio before that roadshow gives IPO investors a concrete enterprise software revenue story to price in, alongside rockets and satellite internet.
The deal also addresses a weakness that became visible after February’s xAI merger. Several xAI co-founders departed following that acquisition, and SpaceX had already hired two Cursor engineers, signaling where its AI talent strategy was heading. Cursor, for its part, faces a pricing disadvantage competing against Anthropic’s Claude Code.
Whether SpaceX exercises the full acquisition option before its IPO or after remains the open question. Either way, this deal reshapes what investors will be buying into when SpaceX goes public.
Elon Musk
Tesla Supercharger for Business exposes jaw-dropping ROI gap between best and worst locations
Tesla’s new Supercharger for Business calculator reveals an eye-opening all-in cost and location-based ROI projections.
Tesla has launched an online calculator for its Supercharger for Business program, giving property owners their first transparent look at what it really costs to install Superchargers on site and what kind of return they can expect.
The program itself launched in September 2025, allowing businesses to purchase and operate Supercharger hardware on their own property while Tesla handles installation, maintenance, software, and 24/7 driver support. As Teslarati reported at launch, hosts also get their logo placed on the chargers and their location integrated into Tesla’s in-car navigation, meaning drivers are actively routed there. The stalls are open to all EVs, not just Teslas.
We launched Supercharger for Business in 2025 to help companies get charging right. We found simplicity and transparency to be a problem in this industry.
We’re now sharing pricing and a financial calculator to help make informed decisions. The goal is to accelerate investments,…
— Tesla Charging (@TeslaCharging) April 8, 2026
The new online calculator, announced by Tesla on Wednesday with the note that “simplicity and transparency” have been a problem in the industry, lets any business enter a U.S. address and get a real cost and revenue model. A standard 8-stall V4 Supercharger site runs approximately $500,000 in hardware and $55,000 per post for installation, bringing an all-in price just shy of $1 million. Tesla charges a flat $0.10 per kWh fee to cover software, billing, and network operations. Businesses set their own retail price and keep the margin above that fee.
Taking a look at Tesla’s Supercharger for Business online calculator, we can see that ROI is not uniform, and the gap between a strong location and a poor one can stretch the breakeven point by several years.
The biggest driver is foot traffic and how long people stay. A busy rest station, hotel, or outlet mall brings in repeat visitors who need to charge while they’re already stopped, pushing utilization numbers higher and shortening payback time.
Tesla Supercharger for Business ROI calculator
Local electricity rates matter just as much on the cost side. Markets like California carry some of the highest commercial electricity rates in the country, which eats into the margin between what a host pays per kWh and what they charge drivers. At the same time, dense urban areas with high EV adoption tend to support higher retail charging prices, which can offset that cost if demand is strong enough. Weather also plays a role. Cold climates reduce battery efficiency and increase charging frequency, but they can also suppress utilization in winter months if drivers avoid stopping in exposed outdoor locations. Suburban and rural sites face a different problem: lower baseline EV traffic, which means a site with cheaper power and lower operating costs can still take longer to pay back simply because the stalls sit idle more often. Tesla’s calculator uses real fleet data to pre-fill utilization estimates by ZIP code, so businesses can run their specific address against these variables rather than relying on averages.
The program has seen real adoption. Wawa, already the largest host of Tesla Superchargers with over 2,100 stalls across 223 locations, opened its first fully owned and branded site in Alachua, Florida earlier this year. Francis Energy of Oklahoma and the city of Alpharetta, Georgia have also deployed branded stations through the program, as Teslarati covered in January.
Tesla now exceeds 80,000 Supercharger stalls worldwide, and the calculator makes the economic case for accelerating that number through private investment rather than company-owned sites alone.
Energy
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla’s folding V4 Supercharger ships 33% more per truck, cuts deployment time and cost significantly.
Tesla is rolling out a folding V4 Supercharger design, an engineering change that allows 33% more units to fit on a single delivery truck, cuts deployment time in half, and reduces overall installation cost by roughly 20%.
The folding mechanism addresses one of the least glamorous but most consequential bottlenecks in charging infrastructure: getting hardware from factory floor to job site efficiently. By collapsing the form factor for transit and unfolding into an operational configuration on arrival, the new design dramatically reduces the logistics overhead that has historically slowed Supercharger rollouts, particularly at large or remote sites where multiple units are needed simultaneously.
The timing aligns with a broader acceleration in Tesla’s network strategy. In March 2026, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet after more than seven years and 15,000 units, pivoting entirely to V4 cabinet production. The V4 cabinet itself is already a generational leap, delivering up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, while supporting twice the stalls per cabinet at three times the power density of its predecessor. The folding transport innovation layers logistical efficiency on top of that technical foundation.
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Tesla Charging’s Director Max de Zegher, commenting on the V4 cabinet when it launched, captured the operational philosophy behind these changes: “Posts can peak up to 500kW for cars, but we need less than 1MW across 8 posts to deliver maximum power to cars 99% of the time.” The design philosophy has always been about maximizing real-world throughput, not just peak specs, and the folding transport upgrade extends that thinking into the supply chain itself.
Posts can peak up to 500kW for cars, but we need less than 1MW across 8 posts to deliver maximum power to cars 99% of the time.
No more DC busbar between cabinets. Power comes from a single V4 cabinet to 8 stalls. Easier to install, cheaper, more reliable.
Introducing Folding Unit Superchargers
– V4 cabinet with 500kW charging
– 8 posts per unit
– 2 units per truck
– 2 configurations: folded, unfoldedFaster. Cheaper. Better. pic.twitter.com/YyALz0U5cA
— Tesla Charging (@TeslaCharging) March 25, 2026
The network is expanding rapidly on multiple fronts. The first true 500 kW V4 Supercharger on the East Coast opened in Kissimmee, Florida in March 2026, followed closely by a new site in Nashville, Tennessee. A public Megacharger for the Tesla Semi launched in Ontario, California in early March, with 37 additional Megacharger sites targeted for completion by end of year. Meanwhile, more than 27,500 Supercharger stalls are now accessible to non-Tesla EVs from brands including Ford, GM, Rivian, Hyundai, and most recently Stellantis, whose Dodge, Jeep, Ram, Fiat, and Maserati BEV customers gained access in March 2026.
As Tesla pushes toward a denser, faster, and more open charging network, innovations like the folding V4 Supercharger reflect the company’s growing focus on deployment velocity, not just hardware performance. Getting chargers to the ground faster, cheaper, and in greater volume per shipment may ultimately matter as much as the kilowatts they deliver.
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