News
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.
Stay ahead of the curve and be the first to learn about new industry trends each week!
Follow along as our team gives you their take on the biggest stories of the week.
-
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.
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.
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.
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
