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
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
