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DeepSpace: NASA’s Europa Clipper suffers under SLS, Moon landers win funding, and Russia talks lunar ambitions

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NASA's ambitious and exciting Europa Clipper mission is being held back by the joint NASA-Congress SLS rocket. (NASA/Teslarati)

Eric Ralph · June 4th, 2019

Welcome to the latest edition of DeepSpace! Each week, Teslarati space reporter Eric Ralph hand-crafts this newsletter to give you a breakdown of what’s happening in the space industry and what you need to know. To receive this newsletter (and others) directly and join our member-only Slack group, give us a 3-month trial for just $5.


In this week’s analysis, there is simply too much going on to focus on any single overarching theme. NASA awarded ~$250M to fund three commercial Moon landers, Russia revealed an impossibly ambitious schedule for its conceptual crewed Moon program, and NASA’s Office of the Inspector General (OIG) released a report that did not look kindly on the management of the Europa Clipper spacecraft’s supposed plans for an SLS rocket launch.

While it is increasingly clear that the 2020s are likely to be the most exciting period of spaceflight activity in decades, it remains equally clear that most of the world’s space exploration – despite the incredible results often produced – is poorly and inefficiently managed. Upsets may well be served by commercial hopefuls like SpaceX, Blue Origin, iSpace, and others, but we are likely set to witness another decade or so of wasteful, results-phobic human spaceflight efforts lead on a wild goose chase after NASA’s Moon return ambitions. If it ends up being anything like the SLS rocket and Orion spacecraft it is being artificially locked to, the Moon return may eventually accomplish something approximately half a decade behind schedule after vacuuming up at least $10-20B of federal funding.

At the same time, the robotic exploration expertise of NASA, ESA, Japan (JAXA), China (CNSA), India (ISRO), and Russia (Roscosmos) will be thrown at a bevy of spacecraft and landers with destinations throughout the solar system.

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Europa Clipper deserves better ‘sails’

  • As of now, Congress has “mandated” that Europa Clipper and a planned Lander follow-up both launch on NASA’s Space Launch System (SLS) rockets. This was a political ploy by long-time supporter John Culberson (now a former US representative) meant to gain the support of Congressional gatekeepers focused on preserving SLS and Orion-related pork that feeds into their legislative districts or states (Sen. Shelby, Sen. Nelson, and others).
  • Developed by Lockheed Martin with the support of the European Space Agency (ESA), the Orion spacecraft is essentially an overweight, underpowered modern version of NASA’s Apollo Command and Service Module (CSM). Despite its mediocre capabilities, the spacecraft could theoretically be useful for NASA’s crewed exploration ambitions.
    • Sadly, Orion has been almost inextricably linked to NASA’s SLS rocket, built (for the most part) by Boeing and Aerojet Rocketdyne. Originally known as Ares V, the comparatively downsized SLS has always been meant to launch extremely large payloads. In theory, even the early SLS Block 1 (likely the only variant that will ever fly) would be capable of delivering ~25 metric tons to Mars and 6.3 mT directly to Jupiter.
  • That performance would also drastically cut the amount of time it takes Europa Clipper to travel from Earth to Jupiter from 6-7 years to about 3 years.
  • Hilariously, despite both Europa Clipper and SLS having been in development for years and the latter being legally required to launch the former, NASA still hasn’t verified (with certainty) that SLS Block 1 is actually capable of launching EC directly to Jupiter, the only benefit of SLS being the 3 years of time saved by a direct trajectory.
  • Even worse, despite mission delays that pushed Europa Clipper’s launch target from 2022 to 2023, NASA has yet to actually order new SLS boosters beyond the first two, assigned to Orion missions NET 2021 and 2022.
    • As NASA OIG notes, according to past estimates from NASA officials, the agency would need a minimum of 52 months (4.3 years) of lead time for Boeing and Aerojet Rocketdyne to build new SLS boosters. In other words, NASA would have had to order new boosters in September 2018 (8 months ago) for Europa Clipper to have a chance of launching on SLS in 2023.
  • Due to all of this absurd and avoidable uncertainty, large amounts of money and time are being wasted designing Europa Clipper to essentially be launcher-agnostic, able to fly on Falcon Heavy, Delta IV Heavy, or SLS. At this rate, it’s not even clear if a third SLS will be ready to launch Europa Clipper in 2024, barring a miraculously perfect performance during its launch debut (“Artemis-1”, formerly EM-1).

Dispatch from the Moon (bureaucracy)

  • Earlier this week, NASA announced its first truly Moon landing-focused contracts, awarding a total of $253M to OrbitBeyond, Astrobotic, and Intuitive Machines for commercially-developed Moon landers that could be ready for lunar landings as early as September 2020, July 2021, and July 2021, respectively.
    • Astrobotic and Intuitive Machines aim to deliver 90 kg and 100 kg of payload to the Moon’s surface, while OrbitBeyond is targeting ~40 kg despite receiving ~$25M more from NASA. Regardless, it has to be said that ~$250M is extremely cost-effective for the 230 kg (510 lb) worth of payloads it could deliver to the Moon. For comparison, in 2015, NASA purchased a single Delta IV Heavy launch (for its Parker Solar Probe) at a cost of almost $390M
    • Not only does that $250M include launch costs (two or even three of which will likely end up as copassengers on Falcon 9 launches), but it includes delivery to the surface of the Moon.
  • Additionally, an unknown proportion of that funding has clearly been directed towards the development and maturation of unflown and (mostly) unbuilt lunar landers, all of which could potentially offer even more affordable lunar delivery services once development is finished.
  • Finally, Russian space agency Roscosmos apparently has plans (or at least a Powerpoint) to land cosmonauts on the Moon as early as 2030. To accomplish that incredibly ambitious feat, Russia would effectively need to develop three entirely new rockets – two of which are far larger than anything Russia has built since the fall of the USSR – and a brand new crew and deep space-capable spacecraft (Federation).
  • The ambition is undeniably inspiring and could create a truly fascinating race-that-isn’t-really-a-race back to the Moon. However, the reality is that Russia as a country and economy is struggling, and those difficulties are obvious in Roscosmos – woefully underfunded and eternally tossed about as a political puck and source of easy embezzlement.
    • A Soyuz spacecraft launched to the ISS last year was found to have a literal hole in it, the likely result of sloppy manufacturing and nonexistent quality control. A few months later, a Soyuz 1.2 rocket failed mid-flight while launching a trio of astronauts, triggering the first human spaceflight abort/failure in almost two decades.
    • All three astronauts were safely recovered but those two failures alone suggest that Russia has some soul-searching a budget-tweaking to do before it has any chance of successfully (let alone safely) undertaking its ambitious lunar program.
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– Eric

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

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Credit: CNBC

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!”

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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.”

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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

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“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.

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Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

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Credit: SpaceX

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.

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.

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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.

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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.

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Elon Musk

SpaceX confirms third massive compute deal at Colossus data center

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Credit: xAI Memphis

SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.

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.

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.

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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.

SpaceX makes first acquisition post-IPO

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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.

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