News
NASA is crashing a satellite into an asteroid to gather data about asteroid deflection
The threat of asteroids crashing into Earth isn’t a new concern. We’ve been warned about it by science fiction authors and Hollywood alike, and any kid that’s ever paid attention to dinosaurs in school knows there are bad outcomes when life and chunks of space rock meet up. The space agencies of Europe and the United States are not blind to the threat, thankfully, and they have a multi-part satellite mission in the works directed to gathering real data on how to redirect an asteroid with bad intentions for our planet, i.e., is on a collision course. Specifically, they’re planning on crashing one satellite into an asteroid and studying the effect with another satellite run by the European Space Agency (ESA).
NASA’s part of the mission is called the Double Asteroid Redirection Test (DART), and it will serve as the first demonstration of changing asteroid motion in space. The launch window begins in late December 2020, most likely on track for June 2021, for arrival at its targeted asteroid, Didymos, in early October 2022. Didymos is Greek for “twin”, the name being chosen because it’s a binary system with two bodies: Didymos the asteroid, about a half mile across, and Didymoon the moonlet, about 530 feet across, acting as a moonlet. The two currently have a Sun-centric orbit and will have a distant approach to Earth around the same time as DART’s launch window and then again in 2024.
After reaching the asteroid, DART will enter orbit around Didymoon, and crash into it at a speed of about 4 mi/s (nine times faster than a bullet) to change its speed by a fraction of one percent, an amount measurable by Earth-based telescopes for easy study. Unsurprisingly, the preferred description is “kinetic impact technique” rather than “crash” – maybe even “impact” or “strike”, if we’re avoiding terms that sound random or accidental. The mission is being led by the Johns Hopkins Applied Physics Laboratory (JHU/APL) and managed by the Planetary Missions Program Office at Marshall Space Flight Center in Alabama for NASA’s Planetary Defense Coordination Office.

NASA’s DART mission is one of two parts of an overall mission dubbed AIDA (Asteroid Impact & Deflection Assessment). Joining the agency’s Earth-protection venture is the ESA with its Hera spacecraft, named after the Greek goddess of marriage, a probe that will follow up DART’s mission with a detailed survey of the asteroid’s response to the impact. Collected data will help formulate planetary defense plans by providing detailed analysis from DART’s real-time asteroid deflection experiment. Its launch is scheduled for 2023.
Just this month, another part was added to Hera’s mission: CubeSats. This class of tiny satellites is about the size of a briefcase, and they recently made their deep space debut during NASA’s Mars InSight landing. During that mission, twin CubeSats collectively named MarCO followed along on the journey to Mars behind InSight, eventually relaying data during the landing event back to NASA’s Mission Control along with a photo of the red planet. ESA’s CubeSats, named APEX (Asteroid Prospection Explorer) and Juventas, will travel inside Hera, gather data on Didymos and its moonlet, and then both will land on their respective rocks and provide imaging from the surface.

Just to recap: Tiny satellites in a class that students and startups can and have developed and launched will travel into deep space and land on asteroids. This is big news for the democratization of space travel. As emphasized by Paolo Martino, Hera’s lead engineer in ESA’s article announcing the CubeSat mission, “The idea of building CubeSats for deep space is relatively new, but was recently validated by NASA’s InSight landing on Mars last November.”
Using kinetic energy – pure ram/crash force – isn’t the only option NASA is looking at for defending Earth from incoming asteroids. A “gravity tractor” concept would orbit a craft in a way that would change the trajectory due to gravitational tugging. Similar to how our moon has an impact on our tides or the Earth makes the Sun wobble ever so slightly, a satellite orbiting an asteroid would give pushes and pulls to set its course elsewhere.
Unfortunately, a gravity tractor likely wouldn’t be very effective for asteroids large enough to seriously threaten our planet. Also, the techniques for achieving it would require decades to develop and test in space. Laser ablation, or using spacecraft lasers to vaporize asteroid rock to change an asteroid’s course, is another technique NASA has considered, but it might be just as feasible or cost-effective to simply launch projectiles to achieve the same purpose.
Watch the below video for a visual overview of the DART and HERA missions:
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
Elon Musk
SpaceX confirms third massive compute deal at Colossus data center
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.