News
NASA officially says goodbye to Mars Opportunity rover lost in massive dust storm
After 15 years roving around our neighboring red planet, NASA announced the end of its Opportunity rover mission on Mars today during a live conference held at 2 pm EST. The rover’s team of scientists spent last night sending a set of commands intended to be the last attempt at waking Opportunity, and this afternoon’s announcement confirmed the final fate of the mission. A planet-wide dust storm in summer of 2018 shut the Martian rover down due to its solar panels being blocked from debris, and the long duration spent without power apparently led to a series of failures which prevented a recovery. The last communication NASA received from Opportunity was on June 10, 2018.
#OppyPhoneHome Update
Tonight, we’ll make our last planned attempts to contact Opportunity. The solar-powered rover last communicated on June 10, 2018, as a planet-wide dust storm swept across Mars.
Want to show the team some love? Send a postcard: https://t.co/eO2SClFcYm pic.twitter.com/trDjRNf65E
— NASA Mars (@NASAMars) February 12, 2019
Over the last few months, while scientists continued to revive Opportunity, hopes were fairly high that communication would be reestablished. The rover’s batteries were in good health prior to the dust storm, and the surface temperature was relatively warm when the storm began. Also, its programming was designed with “fault modes” allowing actions to be taken automatically to maintain the rover’s health. The team at NASA had attempted to talk to Opportunity several times per week once the storm began to clear using the Deep Space Network, an international array of giant radio antennas supporting interplanetary spacecraft missions, and over 600 attempts were made without any response received. The announcement was broadcast live via NASA’s website.
Emotions were high during NASA’s mission end announcement. Associate NASA Administrator Thomas Zurbuchen began the event’s commentary: “I stand here, surrounded by the team…it’s an emotional time,” he began. “Science is a team sport, and that’s what we’re celebrating today.” NASA Administrator Jim Bridenstine noted that while Opportunity stopped communicating around the same time be began his service with the administration, he was still in awe at the achievements the rover and its team were able to achieve throughout their mission. “When this little rover landed, the objective was to have it move 1100 yards and survive for 90 days,” he exclaimed before reiterating the unexpected 15 years the mission eventually lasted. Michael Watkins, Director of NASA’s Jet Propulsion Laboratory commented on the mission’s broader contribution to society: “Spirit and Opportunity energized the public about the spirit of Mars exploration.”
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John Callas, project manager of NASA’s Mars Exploration Rover (MER) project, provided some insight about what could have caused Opportunity to shut down for good. Earlier in Opportunity’s mission days, a heater on its robotic arm failed to turn off, draining the rover’s energy in the process. To overcome this issue, the team at NASA designed a deep sleep mode which shut down nearly everything on Opportunity, including the heater. Callas surmised that the dust storm which ended the rover’s mission may have disrupted its sleep cycle, reinstating the power draining issue and preventing recovery. He also described the quality of Opportunity’s batteries and the seasonal reliability of the Martian winds to clean its solar panels as part of the reasons it lasted as long as it did. Finally, Callas had his own farewell comments to add. “Even though it’s a machine, saying goodbye, it’s very hard and very poignant,” he remarked.
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- NASAs Mars Curiosity Rover takes a selfie in the middle of a massive storm. [Credit: Seán Doran/Flickr]
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- InSight, a NASA mission to put another spacecraft on Mars, is the first mission dedicated to investigating the deep interior of Mars. The findings will advance understanding of how all rocky planets, including Earth, formed and evolved. Source: NASA/JPL-Caltech
NASA’s Opportunity rover (nicknamed “Oppy”) launched on July 7, 2003, aboard a Delta II rocket from Cape Canaveral, Florida. Its primary mission was to search for and characterize rocks and soil while looking for indications of water activity in the Martian past. One of the better-known discoveries made by the rover was the discovery of hematite on the surface, a mineral which typically forms in water. Also found were strips of gypsum in rocks around a crater, indicating that water most likely flowed through the area at one point. The storm which finally ended the rover’s mission was intense and massive, its size is roughly the area of North America and Russia combined with Opportunity in the center.
A month prior to Opportunity’s launch, its twin rover Spirit headed for Mars with a similar mission. Both rovers lasted years longer than their 90-day expected life span, but unfortunately, Spirit’s mission ended before Opportunity’s when it became lodged in soft soil at a site called “Troy”. NASA ended its rescue effort of Spirit in May 2011. Another NASA rover named Curiosity is still crawling the planet, however. Its plutonium-nuclear power source helped it avoid the same fate that came over its predecessor, even sending back a storm-riding selfie during the event that claimed Opportunity.
NASA’s most recent mission to Mars was its InSight lander, a geological science mission sent to study the core of the planet and atmosphere. After arriving at the red planet in late November 2018 with twin CubeSat mission MarCo, it successfully landed without incident and sent a dusty photo back for Earthling enjoyment and arrival confirmation. In the months since it’s treated NASA and the public alike with selfies and the sound of Martian wind. Its instruments have recently been placed on the surface, so new planet data is expected soon.
Up next for the fourth rock from the Sun will be Mars 2020, an advanced rover dedicated to high-priority science missions including the search for habitable conditions and microbes in the ancient past. NASA plans to launch this rover in July 2020.
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Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
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SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
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Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
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Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX reports beat in first earnings while minimizing losses
