Space
Mars sample-return mission gets boost from Trump’s 2021 budget request
On Monday, Feb. 10, the White House released its 2021 federal budget request, and in it, the administration identified NASA’s Mars sample return plans as a top priority. It also earmarked funding for a future mission to map out where ice is located on Mars.
The request asks for $25.2 billion for NASA, which is roughly a 12% boost over what the agency’s current budget is.
Of that $25.2 billion, Trump has designated $233 million for “Mars Future Missions” — one of which hopes to transport pristine pieces of the Red Planet to Earth, sometime around the 2031 time frame.
“Mars Future supports the development of the Mars Sample Return (MSR) mission that is planning to enter formulation (Phase A) as early as the summer of FY 2020,” NASA officials wrote in a description of the agency’s proposed 2021 allocation.
“In FY 2021, MSR formulation activities include concept and technology development, and early design and studies in support of the Sample Return Lander and the Capture/Containment and Return System,” they added. “Mars Future also supports a study of the facility required for handling of returned samples.”
The samples NASA is referring to will be collected by NASA’s next Mars rover, which is scheduled to launch in July. Dubbed the Mars 2020 rover, the six-wheeled robot will land on Mars in Feb. 2021, touching down inside Jezero Crater. It’s goal: to look for signs of life, and to collect samples of Mars for future return to Earth.
The rover, which will receive an official name sometime in March, will bag and tag samples of rocks and dirt, sealing them in canisters for eventual return to Earth. Once they arrive here, scientists all around the world will be able to study the samples and better understand our celestial neighbor.
The sample return part of the mission is a collaboration between NASA and the European Space Agency (ESA). It will be a multi-step process, which includes the launch of NASA’s Sample Return Lander (SRL) followed by ESA’s Earth Return Orbiter (ERO).
The logistics are still being finalized as NASA is looking for a director to lead the program. But a rough outline of the planned return can be broken down as follows:
NASA’s sample return vehicle will carry a small rocket called the Mars Ascent Vehicle (MAV) along with an ESA-built rover, called the Sample Fetch Rover (SRF). The SRF will seek out the samples collected by the 2020 rover, and haul them to the MAV.
From there, the MAV will then launch the samples into orbit around Mars; there they’ll be picked up by the ERO, and the craft will head back toward Earth. Once in close proximity to Earth, the ERO will jettison the container, and it will land in the Utah desert. NASA expects this to all happen around 2031, although none of the dates are official at this point.
Also outlined in the budget is a need for a Sampling Receiving Facility, where the precious bits of Mars will be handled with the utmost care. In the facility, scientists will catalog the samples, and make sure that there’s no cross-contamination with Earth particles. (And to ensure that if there is life on Mars, no little Martian microbes will get out into the environment.)
But that’s not all, the “Mars Future Missions” budgetary line also allows for a collaboration with Canada to create the Mars Ice Mapper. Detailed information on this project is scarce at the moment as it’s in its very early stages.
“The Mars Ice Mapper is a remote sensing mission under study intended to map and profile the near-surface (3-15 meters) water ice, particularly that which lies in the mid-latitude regions, in support of future science and exploration missions,” NASA officials wrote in the budget document.
The Mars Ice Mapper could be a preliminary step in the effort to put humans on Mars, a goal NASA aims to accomplish sometimes in the 2030’s.
The 2021 budget request allocates more money to future Mars missions than previous budgets have, lining up with NASA’s overall goal of sending astronauts to both the moon and Mars.
If this budget request is any indication, the “Mars Future Missions” programs could set their budgets steadily increased as the years progress. But it’s not set in stone. The request is just that, a request. Congress has the ultimate approval and could choose to fund everything as it, or shuffle things around. Let’s hope it’s the latter so valuable programs, like STEM engagement, Earth science missions, and an incredible telescope are not cancelled.
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.
Elon Musk
SpaceX files confidentially for IPO that will rewrite the record books
SpaceX files confidentially for a record-breaking IPO targeting a $1.75T valuation and $80B raise, driven by Starlink growth and its xAI merger.
Elon Musk’s rocket and satellite company submitted its draft registration to the U.S. Securities and Exchange Commission today for an initial public offering, targeting June at a $1.75 trillion valuation. This would be the largest in history.
SpaceX has filed confidentially with the SEC, first reported by Bloomberg. SpaceX would be valued above every S&P 500 company except Nvidia, Apple, Alphabet, Microsoft, and Amazon.
The filing uses a confidential process that allows companies to work through SEC disclosures privately before initiating a public roadshow. With a June target, official details through a formal prospectus is expected to go public in April or early May, after which SpaceX must wait at least 15 days before beginning investor marketing.
While SpaceX is best known for its Falcon 9 and Starship rockets, the $1.75 trillion valuation is anchored by Starlink, its satellite internet service. Starlink ended 2025 with 9.2 million subscribers and over $10 billion in revenue, which is a figure analysts project could reach a staggering $24 billion by the end of 2026. A February all-stock merger with xAI, Musk’s artificial intelligence venture, further boosted the valuation.
SpaceX officially acquires xAI, merging rockets with AI expertise
Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are lined up as senior underwriters. SpaceX is also considering a dual-class share structure to preserve insider voting control, and plans to allocate up to 30% of shares to retail investors, which is roughly three times the typical norm.
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