News
What’s next for SpaceX’s Falcon 9 now that it can land on its own?
SpaceX has a busy month ahead of it! When Elon Musk tweeted that he was going to need a bigger rocket hangar, he wasn’t kidding. Three are already back home from their successful missions to orbit and back, and now there are four more Falcon 9 rockets ready to take to the skies before the end of June. Mission control, we are go for launch!
SpaceX has a busy month ahead of it! When Elon Musk tweeted that he was going to need a bigger rocket hangar, he wasn’t kidding. Three are already back home from their successful missions to orbit and back, and now there are four more Falcon 9 rockets ready to take to the skies before the end of June. Mission Control, we are go for launch!
But first, let’s relive those prior landings for just a moment, shall we?
May 6, 2016
April 8, 2016
December 21, 2015
Launch Details
Next up for SpaceX is the 25th Falcon 9 launch from Cape Canaveral, Florida scheduled for May 26th at 5:40 pm.
The payload for this launch will be the Thaicom 8 satellite, a commercial communications satellite built by Orbital ATK, and its mission is to provide Ku-band communications coverage for Thailand, India, and Africa. SpaceX previously launched another satellite in this series on January 6, 2014 called Thaicom 6. Want a little trivia on the Thaicom 6 mission? It was the final qualification launch that enabled SpaceX to be able to compete for U.S. Air Force launch contracts.
What is Ku-band?
Ku-band frequency (highlighted) Credit: U.S. Department of Commerce
Ku-band is a radio frequency used mostly for satellite communications, a certain section of which is designated for broadcasting services. To put things into perspective of other “bands”, it has the same purpose as the Ka-band (higher frequency) or C-band (lower frequency), but is more susceptible to weather conditions. For reference, DirecTV satellites use both Ka and Ku-band frequencies, their HDTV being broadcast almost entirely on the Ka-band.
If all goes well, this will be another Falcon 9 mission to Geostationary Transfer Orbit (GTO), just like the mission that launched and landed on May 6, 2016. GTO launches fly to 35,790 km above the Earth, pretty high in comparison to the maximum 528 km orbit of the space shuttle program. This means that when Falcon 9 returns, it will be coming in hot and fast again, needing a lot of counter thrust to stick the landing on Of Course I Still Love You, one of SpaceX’s floating autonomous spaceport drone ships (ASDS). Both successful water landings have been on this same ASDS.
“Of Course I Still Love You” ASDS – Credit: SpaceX
SpaceX’s last landing was not actually expected to be successful, making the moment it happened so great, “Woohoo!!” was Elon’s first reaction on Twitter. One wonders what the expected outcome is for this landing given the new notch on their belt…
What else is coming up for Falcon 9?
Admittedly, other than the challenging aspects of the landing, the May 26th Falcon 9 mission is pretty routine and not very unique to SpaceX. Most other commercial space companies provide similar launch services for these types of satellites. However, over the next month or so we will see SpaceX resupply the International Space Station, carry one of only two existing satellites with an all-electric propulsion system, and deliver 87 small payloads and CubeSats into orbit via a specialized satellite deployer only three U.S. space companies are certified to carry.
This is gonna be good. Stay tuned!
Author’s note: I have to assert bragging rights on the May 26th launch because yours truly will get to see it after attending the 44th Annual Space Congress. I’m very excited!
News
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario.
Wedbush analyst Dan Ives is doubling down on Tesla’s (NASDAQ:TSLA) long-term upside. In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario, thanks to the company’s efforts to develop and push its artificial intelligence programs.
An aggressive valuation upside
Ives, Wedbush’s global head of tech research, stated in his post that Tesla is entering a pivotal period as its autonomy and robotics ambitions move closer to commercialization. He expects Tesla’s market cap to reach $2 trillion in 2026, representing roughly 33% upside from current levels, with a bull case up to a $3 trillion market cap by year-end.
Overall, Ives noted that 2026 could become a “monster year” for TSLA. “Heading into 2026, this marks a monster year ahead for Tesla/Musk as the autonomous and robotics chapter begins. We believe Tesla hits a $2 trillion market cap in 2026 and in a bull case scenario $3 trillion by end of 2026… as the AI chapter takes hold at TSLA,” the analyst wrote.
Ives also reiterated his “Outperform” rating on TSLA stock, as well as his $600 per share price target.
Unsupervised Full-Self Driving tests
Fueling optimism is Tesla’s recent autonomous vehicle testing in Austin, Texas. Over the weekend, at least two Tesla Model Ys were spotted driving on public roads without a safety monitor or any other occupants. CEO Elon Musk later confirmed the footage of one of the vehicles on X, writing in a post that “testing is underway with no occupant in the car.”
It remains unclear whether the vehicle was supported by chase cars or remote monitoring, and Tesla has not disclosed how many vehicles are involved. That being said, Elon Musk stated a week ago that Tesla would be removing its Safety Monitors from its vehicles “within the next three weeks.” Based on the driverless vehicles’ sightings so far, it appears that Musk’s estimate may be right on the mark, at least for now.
News
Production-ready Tesla Cybercab hits showroom floor in San Jose
Tesla has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements.
Tesla has showcased what appears to be a near-production-ready Cybercab at its Santana Row showroom in San Jose, California, giving visitors the closest look yet at the autonomous two-seater’s refined design.
Based on photos of the near-production-ready vehicle, the electric vehicle maker has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements, making the vehicle look more polished and seemingly more comfortable than its prototypes from last year.
Exterior and interior refinements
The updated Cybercab, whose photos were initially shared by Tesla advocate Nic Cruz Patane, now features a new frameless window design, an extended bottom splitter on the front bumper, and a slightly updated rear hatch. It also includes a production-spec front lightbar with integrated headlights, new wheel covers, and a license plate bracket.
Notably, the vehicle now has two windshield wipers instead of the prototype’s single unit, along with powered door struts, seemingly for smoother opening of its butterfly doors. Inside, the Cybercab now sports what appears to be a redesigned dash and door panels, updated carpet material, and slightly refined seat cushions with new center cupholders. Its legroom seems to have gotten slightly larger as well.
Cybercab sightings
Sightings of the updated Cybercab have been abundant in recent months. At the end of October, the Tesla AI team teased some of the autonomous two-seater’s updates after it showed a photo of the vehicle being driven through an In-N-Out drive-through by employees in Halloween costumes. The photos of the Cybercab were fun, but they were significant, with longtime Tesla watchers noting that the company has a tradition of driving its prototypes through the fast food chain’s drive-throughs.
Even at the time, Tesla enthusiasts noticed that the Cybercab had received some design changes, such as segmented DRLs and headlamps, actual turn signals, and a splitter that’s a lot sharper. Larger door openings, which now seem to have been teasing the vehicle’s updated cabin, were also observed at the time.
Investor's Corner
Tesla analyst realizes one big thing about the stock: deliveries are losing importance
Tesla analyst Dan Levy of Barclays realized one big thing about the stock moving into 2026: vehicle deliveries are losing importance.
As a new era of Tesla seems to be on the horizon, the concern about vehicle deliveries and annual growth seems to be fading, at least according to many investors.
Even CEO Elon Musk has implied at times that the automotive side, as a whole, will only make up a small percentage of Tesla’s total valuation, as Optimus and AI begin to shine with importance.
He said in April:
“The future of the company is fundamentally based on large-scale autonomous cars and large-scale and large volume, vast numbers of autonomous humanoid robots.”
Almost all of Tesla’s value long-term will be from AI & robots, both vehicle & humanoid
— Elon Musk (@elonmusk) September 11, 2023
Levy wrote in a note to investors that Tesla’s Q4 delivery figures “likely won’t matter for the stock.” Barclays said in the note that it expects deliveries to be “soft” for the quarter.
In years past, Tesla analysts, investors, and fans were focused on automotive growth.
Cars were truly the biggest thing the stock had to offer: Tesla was a growing automotive company with a lot of prowess in AI and software, but deliveries held the most impact, along with vehicle pricing. These types of things had huge impacts on the stock years ago.
In fact, several large swings occurred because of Tesla either beating or missing delivery estimates:
- January 3, 2022: +13.53%, record deliveries at the time
- January 3, 2023: -12.24%, missed deliveries
- July 2, 2024: +10.20%, beat delivery expectations
- October 3, 2022: -8.61%, sharp miss due to Shanghai factory shutdown
- July 2, 2020: +7.95%, topped low COVID-era expectations with sizeable beat on deliveries
It has become more apparent over the past few quarters that delivery estimates have significantly less focus from investors, who are instead looking for progress in AI, Optimus, Cybercab, and other projects.
These things are the future of the company, and although Tesla will always sell cars, the stock is more impacted by the software the vehicle is running, and not necessarily the vehicle itself.
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
Production-ready Tesla Cybercab hits showroom floor in San Jose
