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Mars has competition from Venus after new study shows signs of life
NASA and SpaceX are simultaneously planning their trips to Mars and the Moon, but a recent study published in Nature Astronomy has brought a different planet into the running for a new near-term exploration mission: Venus.
A team of scientists led by Dr. Jane Graeves of Cardiff University in the UK just announced the discovery of phosphine in the clouds of Venus. This rare molecule is made either industrially or as a byproduct of microbes that live in oxygen-free environments, meaning there’s serious evidence that life may exist on our sister planet.
“This was an experiment made out of pure curiosity, really,” Dr. Graeves detailed to the Royal Astronomical Society. “I thought we’d just be able to rule out extreme scenarios, like the clouds being stuffed full of organisms. When we got the first hints of phosphine in Venus’ spectrum, it was a shock!”
With NASA’s 2020 Mars Rover Perseverance on its way to do some astrobiological science on our red neighbor, this new finding on Venus looks to now have some high-level advocates for prioritized exploration.
“Life on Venus? The discovery of phosphine, a byproduct of anaerobic biology, is the most significant development yet in building the case for life off Earth,” NASA Administrator Jim Bridenstine tweeted about the news shortly after its publication. “About 10 years ago NASA discovered microbial life at 120,000ft in Earth’s upper atmosphere. It’s time to prioritize Venus.”
https://twitter.com/JimBridenstine/status/1305598182571810822
Planetary scientist Paul Byrne of North Carolina State University echoed this same sentiment in a quote published by The New York Times. “If this planet is active and is producing phosphine, and there is something that’s making it in the Venus atmosphere, then by God almighty, forget this Mars nonsense,” Byrne opined. “We need a lander, an orbiter, we need a program.”
Similar to thinking about Mars’ ancient past being filled with more Earth-like components such as water bodies (or perhaps not), Venus is thought to have been the home to lakes, rivers, and oceans before a runaway greenhouse effect made it into the hellish landscape it is today. This thinking has partly lead to speculation about the possibility of microbes migrating or developing in the clouds of the planet as ‘aerial’ life where temperatures are much more Earth-like, albeit very acidic. “Finding phosphine on Venus was an unexpected bonus! The discovery raises many questions, such as how any organisms could survive. On Earth, some microbes can cope with up to about 5% of acid in their environment – but the clouds of Venus are almost entirely made of acid,” commented team member Dr. Clara Sousa Silva of MIT.
For planetary science enthusiasts, of course, the idea of looking for life or even a new home for humans in the clouds of Venus isn’t new. Astrobiologist David Grinspoon, for one, has been advocating for the planet’s cause for quite some time. “Venus, this planet where I’ve been proposing for decades that there could be a biosphere in the clouds,” he exclaimed in a recent video chat about the discovery. “I mean, Venus is a place we do not associate with extraterrestrial life… It’s so hot, and so dry, the pressure’s so huge…we think life is gonna be anywhere but Venus. But interestingly if you go 30 miles up into the clouds, it’s rather comfortable in the sense that it’s sort of like room temperature [and pressure] in the room you’re in right now.”
The discovery of phosphine on Venus is also exciting for exoplanet hunting endeavors, i.e., looking for signs of life on planets outside our solar system. “It’s very exciting because phosphine is a gas that should not exist in an atmosphere like Venus’,” Grinspoon explained. “It stands out as an anomaly… Not only that, phosphine has been previously suggested as a very good biosignature that we might find on an exoplanet – a gas that’s made by life. It’s not easy to make in non-biological ways.”
A renewed call for Venusian exploration is already ready to be answered by a few scientists and groups, one notable example being startup launch provider Rocket Lab. As a rocket company focused on dedicated missions for small payloads, Rocket Lab stands as a ready and willing partner for any organization looking to gather more data from Venus directly. In fact, CEO Peter Beck already has plans in the works for the planet most symbolically synonymous with romance.
“I’m madly in love with Venus,” Beck said on August 5th this year during a live streamed company update. “I’m working very hard to put together a private mission to go to Venus in 2023… At the very least, I think it’s a needle-mover even for just a private mission to try and go do something interplanetary. That sends a message to the rest of the world that, ‘Hey, look — we can do these things privately.’”
Another notable mission that’s relevant to Beck and Rocket Lab’s goals for small payload missions to interplanetary destinations was the Mars Cube One companions of NASA’s InSight lander launched in 2018. After traveling the the red planet with the lander, the twin cube satellites were able to send back data and a photo of Mars to Earth. This proved that tiny affordable spacecraft could be used for some serious deep-space science. Perhaps one of the biggest discoveries in our solar system of late could be followed up by an itty bitty mission (respectively)?
You can watch Dr. Jane Greaves, explain the discovery on Venus in detail:
Elon Musk
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Tesla and SpaceX formed special committees to weigh a merger, and Elon Musk supports it.
Elon Musk confirmed Tuesday that Tesla and SpaceX have each formed special committees of independent directors to study a possible merger, the first formal step toward combining the two companies after months of speculation.
Musk made the disclosure during SpaceX’s third quarter earnings call. “Both SpaceX and Tesla have formed special committees to discuss this idea at the request of shareholders,” he said. “Because I’m a conflicted party, I can’t actually be in the discussions of the special committees.” He described the setup as “an odd kabuki dance where two groups of people are talking and I can’t be in the conversation.”
Musk did not hide where he stands. “Do I think it would be a good idea? Yes,” he said, pointing to shared work on super intelligence software, chip design, the Terafab facility in Austin, robotics, mass to orbit and connectivity. “I do think there’s a lot of merit to combining the companies as we are pretty much in the super intelligence singularity.”
He also tried to cool expectations. The committees have not agreed on terms for any transaction, and Musk said assuming a merger is a certainty “would be overstating it.” Any deal would go to shareholders, and on the Tesla side it would need approval from 50 percent of all outstanding shares, not just the shares that are voted. Musk called that “quite a high hurdle.”
That bar has tripped Tesla up before. The company’s 2025 attempt to declassify its board won support from only 39.4 percent of outstanding shares and failed. Musk’s own voting stake sits near 20 percent after he exercised his 2018 options in June, so a deal would need broad backing from institutions and a retail base that often leaves votes uncast.
Timing is another open question. Tesla filed its proxy statement Monday for its December 3 annual meeting, and the ballot has only three items: director elections for Musk, Robyn Denholm and JB Straubel, a say on pay vote and auditor ratification. Barclays analyst Dan Levy had argued that an announcement would need to land by late October or early November to make the annual meeting, as Teslarati noted in its SpaceX earnings preview. With no terms agreed, any vote would likely require its own special meeting.
Elon Musk gives his most telling Tesla-SpaceX merger conversation yet
Musk has been edging toward this for weeks. At the All-In Summit in September, he asked “who can imagine what action one might take when there’s so much close collaboration,” Teslarati reported. Last week’s Roadster unveil, built around SpaceX derived cold gas thrusters, pushed the talk further. The two companies already share the Terafab chip project, and Tesla holds a small SpaceX stake that came from its earlier investment in xAI.
SpaceX brought strong numbers to the conversation. It reported Q3 revenue of $14.58 billion, up 161 percent year over year, with its Super Intelligence segment now its largest at $7.56 billion. A higher SpaceX valuation would shape any exchange ratio Tesla holders are offered.
Tesla reports its own third quarter results after the close on Wednesday, October 21. Investors had already ranked merger timing among the top retail questions for SpaceX’s call, and the committees will almost certainly come up again on Tesla’s.
SpaceX reported its third-quarter 2026 financial results on October 20, posting the company’s first solidly profitable quarter since going public earlier in the year under the ticker $SPCX.
Revenue reached $14.58 billion, up 161 percent year-over-year from $5.6 billion, and well ahead of consensus estimates in the $12.7 to $12.9 billion range. The results highlight a rapid shift in SpaceX’s center of gravity toward artificial intelligence/super intelligence, while Starlink and traditional space operations continue to show robust progress.
Here are the key financial results for the quarter:
- Revenue of $14.58 billion (+161% YoY)
- Adjusted EBITDA of $8.8 billion (+306% YoY)
- GAAP net income of $4.4 billion (versus a $1.1 billion net loss in the prior-year quarter)
- Adjusted EPS of approximately $0.35 (versus roughly $0.13–0.16 expected)
- Income from operations of $2.8 billion
The AI/SI segment generated $7.56 billion in revenue, an 830 percent year-over-year increase, making it the company’s largest segment for the first time. Growth was primarily driven by the activation of major cloud services agreements, the integration of Cursor (acquired earlier in 2026), and rising usage of Grok models and the newly introduced Grok Bot personal agent.
🚨 SpaceX just reported earnings! Here are some highlights:
Financial:
Revenue $14.58B (+161% YoY) vs. consensus ~$12.7–12.9B
Adjusted EBITDA $8.8B (+306% YoY)
GAAP net income $4.4B (vs. prior-year loss; first solidly profitable quarter post-IPO)
Adjusted EPS ~$0.35 vs. ~$0.13–0.16 expectedSegments:
Super Intelligence (SI, formerly AI): $7.56B (+830% YoY) — now the largest segment, driven by cloud contracts, Cursor, and Grok.
Connectivity (Starlink): $5.25B (+69% YoY).
Space: $1.77B.Other highlights:
Starlink subscribers: 13.6M (+89% YoY).
Nameplate compute: 1.7 GW.
Capex: $19.6B (majority AI infrastructure).
Cash & marketable securities: ~$90B.
First revenue-generating Starship mission (26 V3 Starlink satellites, ~10× Falcon 9 downlink capacity per launch).— TESLARATI (@Teslarati) October 20, 2026
SI adjusted EBITDA reached $5 billion, and nameplate compute capacity stood at 1.7 GW at quarter-end, up from 1.4 GW in June and 0.6 GW a year earlier. Capital expenditures totaled $19.6 billion, with the majority allocated to AI infrastructure, including continued expansion of the Colossus facilities.
The Connectivity segment, which primarily surrounds Starlink, produced $5.25 billion in revenue, a 69 percent year-over-year and 22 percent sequentially. These are pleasant results to see and expected, considering how many airlines have adopted Starlink over the past year.
Starlink consumer subscribers reached 13.6 million, an 89 percent increase from the prior year, and a sequential gain of 1.6 million. Consumer average revenue per user improved to $69. Meanwhile, Enterprise and Government revenue also grew strongly, and Starlink is now installed on more than 3,800 aircraft, making internet more accessible and better performing than previous options.
The Space segment also performed well and contributed $1.77 billion in revenue, up 6 percent year-over-year and 84 percent sequentially. A major milestone was the successful first revenue-generating Starship mission (Flight 14), which deployed 26 V3 Starlink satellites. Those satellites added roughly 10 times the downlink capacity of a typical Falcon 9 Starlink launch.
SpaceX completed 12 customer launches during the quarter, including NASA’s Nancy Grace Roman Space Telescope mission, and continued to grow its backlog of crewed, national security, and commercial flights.
CFO commentary noted that the combination of launch leadership, recurring Starlink revenue, and rapid SI expansion is producing meaningful operating leverage.
The company ended the quarter with roughly $90 billion in cash and marketable securities, providing substantial resources for ongoing investment while targeting an investment-grade balance sheet. Sequential revenue nearly doubled from the $7.81 billion reported in the second quarter, illustrating the pace of the AI-driven acceleration. Things are looking strong for SpaceX.
What’s incredibly striking is the fact that SI has grown to be larger than the rest of the company in such a short amount of time. CEO Elon Musk said on the earnings call that Grok Bot is the “fastest-growing product I’ve ever seen,” so it seems that it could be a true keystone of SpaceXSI over the next few years.
SpaceX (NASDAQ: SPCX) will report its second public earnings call today since its IPO earlier this year, and there are a few things we expect to hear about, as well as Wall Street analysts, who have already outlined their expectations for the call.
Wall Street analysts have a consensus of $12.72 billion in revenue and an earnings per share (EPS) of $0.13. These are broken down into three sectors: Space, Connectivity, and AI/SI, which are perceived in this way:
- Space: $1.41 billion
- Connectivity: $4.84 billion
- AI/SI: $6.47 billion
Other outlets cluster near $12.8 or $12.9 billion in revenue and $0.14 – $0.15 EPS. This implies a roughly 65 percent sequential growth from Q2’s $7.81 billion, driven mostly by AI/SI, with the first post-IPO positive EPS expected.
Here are the three things to watch for on the call:
AI Revenue Ramp and the $100B+ ARR target
AI is truly the swing factor for SpaceX, and analysts expect it to roughly double from Q2’s $2.56 billion and become about half of total revenue. Management previously guided to a $100 billion+ annualized run rate by December, including the Cursor acquisition, which was $60 billion, to close the quarter.
Listen for updates on SpaceX’s compute capacity, especially pertaining to its contracts with Google, Anthropic, and others, revenue per watt, any new deals, and Cursor’s early contribution.
Starlink/Connectivity Metrics and Mobile Expansion
Connectivity remains a main profit engine for SpaceX. Subscriber additions will be something to pay attention to, as Q2 ended at 12 million and previews are looking at 14 million for this quarter. Additionally, ARPU trends, enterprise and government growth, and any commentary on Starlink Mobile will be something to pay attention to, especially following the recent low-band spectrum deal and FCC-related constellation approvals.
Capex Trajectory, Cash Burn/FCF, and Starship/Operational Updates
Q2 capex of roughly $18.4 billion weighed on the stock. Investors will look to scrutinize Q3 spending levels, any guidance on the pace into Q4/2027, free cash flow, backlog, and liquidity. Operational color on Starship (Flight 14 milestones and Flight 15 timing/reusability progress), Falcon cadence, and government/NASA contracts are also in focus.
Of course, there will also be some speculation on the potential Tesla-SpaceX merger, but there was nothing mentioned in the company’s proxy it sent earlier this week.
SpaceX will report earnings after market close today and will stream the call on X.
Watch live as SpaceX discusses our Q3 2026 earnings at 3:30pm CT today → https://t.co/Qrb0qeVG15
— SpaceX (@SpaceX) October 20, 2026
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