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NASA Mars rover promises blazing entrance after China, UAE make it to Mars orbit
The month of the robotic invasion of Mars is upon us. Seven months ago, the United States, China, and the United Arab Emirates launched missions on a 300 million mile (480 million kilometer) journey to Mars.
Last week, two of the three missions quietly arrived and inserted themselves into Mars orbit. The final spacecraft to arrive, NASA’s Mars 2020 Perseverance mission, however, will not go gently into the Martian atmosphere. On Thursday, February 18, NASA’s latest Mars mission destined to uncover evidence of ancient microbial life on the distant planet is set to touchdown following a spectacular display of extremely complex engineering.
Getting to Mars
Launching to the Red Planet is a strategic maneuver that can only be completed once every two years. This is due to the varying speeds and the elliptical shape of the planets’ orbits around the sun. The point at which Earth and Mars are aligned close enough to minimize travel time, called an opposition, occurs only once every two years.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
The most recent opposition occurred in July 2020. Four international Mars missions were intended to leave Earth that summer, however, due to required further certification of parachutes the European Space Agency’s ExoMars Rosalind Franklin rover would have to wait for its launch opportunity during the next planetary opposition to occur in 2022. That left three robotic invaders from the United States, the United Arab Emirates, and China to escape Earth’s orbit and become interplanetary superstars.
Hope arrives to Mars
The United Arab Emirates Space Agency’s first-ever interplanetary mission, a spacecraft named Al-Amal, or the Hope Probe, was developed in collaboration between the Mohammed bin Rashid Space Center, Laboratory for Atmospheric and Space Physics at the University of Colorado Boulder, Arizona State University, and the Space Sciences Lab at the University of California, Berkeley. It was launched on July 19, 2020, from Tanegashima Space Centre in Japan aboard an H2A202 rocket. On Tuesday, February 9, the Hope Probe was the first of the three missions to complete the journey to Mars and successfully insert itself into orbit.
The Hope Probe arrived to near-Mars orbit traveling approximately 75,000 mph (121,000 kph), far too fast to successfully achieve a safe Martian orbital insertion maneuver. In order to slow down to the approximate 11,000mph (18,000 kph) needed to be captured by Mars orbit, the spacecraft had to autonomously fire its main thrusters and perform a Mars Orbit Insertion burn lasting an agonizing 27 minutes. To compensate in the instance of a thruster failure, there was a backup safety protocol that would’ve doubled the length of the burn. After 27 grueling minutes, the Mohammad Bin Rashid Space Center located in Dubai reported that the maneuver was completed successfully and the Hope Probe had arrived at its final destination.
Unlike the American and Chinese missions to Mars which will land rovers on the surface, the United Arab Emirates’ Hope Probe will remain in Mars orbit for the duration of its mission – approximately two Martian years. The spacecraft is equipped with a suite of three instruments, two spectrometers – one infrared and one ultraviolet – to study the Martian atmosphere, and one imager to capture high-resolution images to study the surface from afar.
China’s Tianwen-1 Rover will hang out in orbit before landing in May
The same type of Mars Orbit Insertion maneuver was completed by China’s first interplanetary mission, the Tianwen-1 spacecraft. Launched from China on July 23, 2020, Tianwen-1 arrived at Mars orbit just one day after the Hope Probe on Wednesday, February 10.
The Tianwen-1 spacecraft had to autonomously complete an excruciating 11-minute “braking” burn to slow down which took it behind the planet as it was captured by Mars gravity and entered into orbit.
Like NASA’s Perseverance, the Tianwen-1 mission features a rover that will eventually land on the surface of Mars. The process to get the rover to the surface, however, varies from that of NASA’s Mars 2020 Perseverance mission.
The Tianwen-1 spacecraft is made of two components, an orbiter and a rover. Currently, it is planned that the orbiter will spend some time in Mars orbit for a period of comprehensive observation before attempting a landing of the rover in May. Ideally, the spacecraft will then touch down in a region known as Utopia Planitia.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
Once the rover safely makes it to the surface it will initiate the investigation period of the mission. The rover carries a suite of scientific instruments that will be used to investigate the composition of the Martian surface searching for the potential distribution of water and ice. Similar to China’s Yutu 2 rover which is exploring the Moon, the Tianwen-1 rover also carries a panoramic camera to image the planet.
Perseverance and Ingenuity like no other
The last of the three Mars missions – NASA’s Mars 2020 Perseverance mission launched on July 30, 2020, from Cape Canaveral Space Force Station aboard a United Launch Alliance Atlas 5 rocket. As far as Mars arrivals go, the best has certainly been saved for last. Following the success of the other two missions from China and the United Arab Emirates, the stage is set for Perseverance to make its dramatic entrance.
NASA’s Mars 2020 Perseverance mission is by far the most ambitious mission to launch to Mars during the 2020 planetary transfer window. NASA is not attempting to land one, but two spacecraft on the surface of Mars. The $2.4 billion Mars 2020 mission is comprised of the Perseverance rover – powered by the heat produced by radioactive decay of Plutonium – and a first of its kind rotary helicopter called Ingenuity. It is scheduled to arrive in dramatic fashion on Thursday, February 18.
Rather than conducting a braking maneuver to slow down and enter Mars orbit, the Perseverance spacecraft will autonomously conduct the entry, descent, and landing (EDL) procedure – essentially going from traveling several thousand miles an hour to descending slowly under a parachute canopy to softly land in mere minutes.
The spacecraft – housed in a protective aeroshell with its robust heat shield facing the planet’s surface – will burst into Mars’ atmosphere traveling nearly 12,500 mph (20,000 kph). Once through, Pesevereance will ditch its heat shield and autonomously begin scanning the Martain terrain to determine its relative location and make adjustments to find an optimal landing spot. Then, a powered descent module will deploy transporting the rover the rest of the way down slowing to less than 2mph (3kph). Finally, the descent module will hover and deploy a complex harness system lowering Perseverance – and its stowaway, the Ingenuity helicopter – to the Martian surface for touchdown.
After seven months of interplanetary travel, it all comes down to the final seven minutes – the length of time the EDL process is expected to take. All spacecraft controllers back on Earth can do is watch and wait for that final telemetry reading indicating that Perseverance has successfully touched down. That is why this process has earned the nickname “seven minutes of terror.”
Beginning around 11:15 am PST (19:15 UTC) on Thursday, February 18th, NASA will provide live coverage of Perseverance’s landing attempt. The agency will carry the coverage on NASA TV and its website, as well as a number of other platforms including YouTube, Twitter, Facebook, LinkedIn, Twitch, Daily Motion, Theta.TV, and NASA App.
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Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
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Wall Street analysts rapidly raised price targets on SpaceX (NASDAQ: SPCX) after the company reported a bullish third quarter for 2026 following the market close on October 20. Shares were sent sharply higher in after-hours and premarket trading.
SpaceX posted revenue of $14.6 billion, a 161 percent year-over-year increase that comfortably topped consensus estimates, which fell near $12.7 billion. The company also posted a net profit of $4.4 billion from a prior-year loss, with adjusted EBITDA reaching $8.8 billion.
More price target movement:
🚀 Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
🚀 Barclays raised its target to $300 from $254 (Overweight).
🚀 Citi increased its target to $240 from $200 (Buy),
🚀 UBS moved to $230 from $210 (Buy)
🚀TD Cowen raised its target to $224 from $200 (Buy).
🚀Morgan Stanley held an Overweight rating with a $300 target.
🚀Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.— TESLARATI (@Teslarati) October 21, 2026
Its Super Intelligence (AI) division generated roughly $7.6 billion and became the largest revenue contributor, growing nearly 830 percent year-over-year, while the Connectivity segment delivered $5.2 billion on strong subscriber additions that lifted the consumer base to 13.6 million for Starlink.
The Earnings Call proved especially catalytic, as CEO Elon Musk and CFO Bret Johnsen outlined Q1 2027 revenue guidance of $33 billion to $37 billion, which was far above the roughly $22 billion analysts had modeled, alongside fourth-quarter capital-expenditure plans of $35 billion to $40 billion focused on AI compute infrastructure at sites including Memphis and Southaven.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
Management targets 2.5 to 3 gigawatts of nameplate compute capacity by year-end and discussed pathways to 13 gigawatts or more by the end of 2027. Musk described relentless demand from hyperscalers and other customers, with compute pricing supporting payback periods of less than a year and potentially as short as six months.
Additional highlights included Starship’s recent orbital success and V3 satellite deployment, Starlink pricing and enterprise momentum, rapid Grok Bot adoption, spectrum expansion plans, and the formation of special committees to explore a possible combination with Tesla.
These elements prompted a wave of price-target increases:
- JPMorgan more than doubled its target to $500 from $240 while maintaining an Overweight rating.
- Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
- Barclays raised its target to $300 from $254 (Overweight).
- Citi increased its target to $240 from $200 (Buy),
- UBS moved to $230 from $210 (Buy), and
- TD Cowen raised its target to $224 from $200 (Buy).
- Morgan Stanley held an Overweight rating with a $300 target.
- Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.
Shares, which closed at $147.79 on October 20, jumped roughly 8 percent in early premarket trading on October 21 as investors digested the results and the newly elevated Street targets.
The average analyst price target has moved higher, which reflects greater conviction in SpaceX’s trajectory across launch, connectivity, and the Super Intelligence business, even as elevated spending remains a point of focus.
Tesla reports Q3 Earnings today: here’s what to expect
SpaceX confirms Starship 15 launch window with massive ambitions
