News
Rocket Lab’s 12th Electron mission “Don’t Stop Me Now” ready for launch
During the height of the global coronavirus pandemic, SpaceX and United Launch Alliance (ULA) missions from Florida were deemed “critical infrastructure” by the US federal government. This allowed the launchers to create safe working environments supporting rocket production and steady launch cadences. However, the nation’s most prominent launcher of smallsats, Rocket Lab, headquartered in Long Beach, California took a different approach halting all production and launch related operations. Although headquartered in the US, Rocket Lab manufactures its Electron rocket in Auckland, New Zealand, and launches from its Launch Complex 1 on New Zealand’s Mahia Peninsula.
Soon after the New Zealand government initiated a strict nationwide Level 4 lockdown requiring all residents, except essential workers, to remain at home on March 23rd, Rocket Lab stood down from operational missions. Unlike in the United States, the launching and production of rockets were not deemed critical in New Zealand and could not proceed. The lockdown went into place just five days ahead of the company’s scheduled twelfth launch of Electron on March 30th. Rocket Lab announced that the “Don’t Stop Me Now” launch (named in honor of a Rocket Lab board member that recently passed away) would be postponed but did not announce a new launch date as, at the time, it was unknown just how long the nationwide Level 4 lockdown would last.
In early May, Rocket Lab was allowed to return to operational status as pandemic restrictions began to lift in New Zealand. Company founder and chief executive officer, Peter Beck, announced on Twitter that the Electron rocket had returned to LC-1 to complete a wet dress rehearsal (WDR) ahead of announcing a new targeted launch date. Rocket Lab then confirmed that all WDR objectives had been successfully met and the twelfth Electron mission would be proceeding to a targeted launch date in early June.
That's a perfect wet dress rehearsal done and dusted for our 12th Electron mission! We're excited to be back on the pad and launching soon for @NatReconOfc, @NASA, and UNSW Canberra Space. Stay tuned for launch window dates soon! pic.twitter.com/o8oM4fe5jO— Rocket Lab (@RocketLab) May 7, 2020
Rocket Lab was quick to return to launch procedures as the Electron vehicle and LC-1 remained in “a state of readiness throughout the COVID-19 lockdown.” In a statement issued soon after the successful WDR, the company assured that “enhanced health and safety processes will be implemented for this launch in line with government health advice to protect Rocket Lab personnel. These measures include physical distancing, split shifts, maintaining contact tracing registers, and enhanced cleaning procedures.”
pic.twitter.com/N9x9saYPEe— Rocket Lab (@RocketLab) June 9, 2020
The twelfth “Don’t Stop Me Now” Electron mission is designated as a rideshare which will carry multiple smallsat payloads to orbit for NASA, the National Reconnaissance Office (NRO), and University of New South Wales (UNSW) Canberra Space. Electron’s Kick Stage propelled by the 3D-printed Curie engine will deliver the ANDESITE (Ad-Hoc Network Demonstration for Extended Satellite-Based Inquiry and Other Team Endeavors) spacecraft developed by teams at Boston University under NASA’s CubeSat Launch Initiative (CSLI). It will use a series of minisatellites to measure the electrical currents of the Earth’s magnetic field from low Earth orbit. The payload carried for the NRO, Rapid Acquisition of a Small Rocket (RASR) contract vehicle, follows a previously NRO-dedicated mission launched in January 2020. Finally, the twelfth launch of the Electron will also support the M2 Pathfinder (M2PF) communications satellite to low Earth orbit UNSW Canberra Space.
The next mission from #UNSWCBR Space, M2 Pathfinder, is launching on @RocketLab's Mission 12 “Don’t Stop Me Now” on June 11.
M2PF is a significant next step in flight heritage for our program of developing intelligent space systems and the development of Australian capability. pic.twitter.com/dseWRUzhzP— UNSW Canberra (@UNSWCanberra) May 29, 2020
“Don’t Stop Me Now” has a fourteen day launch widow extending from June 11th to June 24th with a daily launch opportunity during a two-hour window 04:43 – 06:32 UTC (00:43 – 02:32 EDT). The Rocket Lab team is currently counting down to the first launch attempt scheduled for Thursday, June 11th at the top of the window at 04:43UTC (00:43 EDT) from LC-1 in Mahia, New Zealand. Fifteen minutes ahead of the launch attempt, a live stream will be posted to Rocket Lab’s social media accounts and made available on the company’s website: www.rocketlabusa.com/live-stream.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
Investor's Corner
Lucid CEO dispels any rumors of bankruptcy: ‘So far from the facts’
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
News
Tesla responds to strange Supercharging pricing error with classy move
Tesla has once again demonstrated strong customer focus by swiftly addressing and fully refunding a bizarre Supercharger pricing glitch that affected drivers in Atlantic Canada.
The issue surfaced earlier this month when the Tesla app began displaying dramatically inflated per-minute charging rates at stations in Prince Edward Island and parts of New Brunswick.
One widely shared screenshot from a Charlottetown, PEI Supercharger showed rates reaching ridiculous levels: $6.00 per minute for the 180-250 kW tier, along with $3.57/min for 100-180 kW and $2.29/min for 60-100 kW.
Correct pricing will be going live at midnight tonight. All fees since July 2nd 2026 will be waived.
— Tesla Charging (@TeslaCharging) July 13, 2026
These figures were several times higher than normal Supercharger pricing in the region.
To put the error in perspective, charging at the highest incorrect rate would have been shockingly expensive.
At 250 kW, a common charging speed at Superchargers, a vehicle pulls roughly 4.17 kWh per minute. Under the glitch, a driver spending just 10 minutes at peak power would face a $60 bill. A typical 20- to 30-minute session to add meaningful range could have cost $120 to $180 or more, before any congestion fees.
Tesla gets another layer of gamification with Free Supercharging on the line
By comparison, standard Canadian Supercharger rates usually fall between $0.25 and $0.60 per kWh, making a similar session cost roughly $15–$40. The erroneous per-minute structure, combined with the inflated numbers, turned what should be a convenient stop into a potential financial shock.
The glitch appears to have started sometime around early July, and quickly drew attention on social media as owners questioned whether Tesla had implemented steep hidden increases. Some drivers even reported seeing $0 charges in their history, indicating broader billing confusion.
Tesla’s official Charging account on X stated that correct pricing would roll out at midnight on July 13, so the fix is already in effect. More importantly, the company announced it would waive all fees for every Supercharger session since July 2. This blanket waiver covers the entire affected period without requiring users to file individual claims, with automated refunds expected soon. The decision affects stations in PEI and nearby areas in New Brunswick and Nova Scotia.
It’s a classy move, and rather than issuing partial credits or forcing owners to submit support tickets, Tesla simply absorbed the cost of the system error and made drivers whole. In an industry where hidden fees and bill disputes are common, Tesla’s proactive, no-questions-asked approach reinforces owner trust and highlights the company’s commitment to service excellence.
The incident, while disruptive for a short time, ultimately showcases Tesla’s ability to own mistakes and prioritize customer satisfaction. Atlantic Canada Tesla owners can now charge with confidence again, knowing the company has their back when technology glitches occur.
In an era of complex EV billing, such transparency and generosity are refreshing and set a positive example for the industry.
News
SpaceX unveils Starlink next-gen V5 kit: here’s what’s new
SpaceX’s Starlink has launched its latest residential hardware kit: the V5. Designed for reliable high-speed internet, the new terminal represents a significant leap forward in user equipment.
The next generation Starlink Kit is designed to deliver reliable, high-speed home internet. Starlink V5 has a smaller form factor and lightweight design with greater power efficiency than the Starlink V4.
With speeds up to 375+ Mbps, Starlink V5 delivers seamless connectivity… pic.twitter.com/0dorU6n0oD
— Starlink (@Starlink) July 14, 2026
The new V5 Starlink kit features a dramatically smaller and lighter form factor, measuring approximately 384 mm x 306 mm x 34 mm and weighing just 1.1 kg, which is less than half the weight of the previous V4 model, which was 2.9 kg.
This compact design makes installation easier and more versatile, whether mounted on a roof, pole, or even integrated with a pipe adapter. An integrated LED light aids setup in low-light conditions.
Power efficiency sees major gains too. The V5 draws only 35-50W, reducing energy consumption and making it ideal for off-grid or solar-powered setups. Despite its smaller size, performance remains robust. Starlink claims peak speeds of 375+ Mbps, supported by a new Wi-Fi 6 Router Mini that covers up to 2,200 square feet and connects up to 235 devices simultaneously.
The kit maintains strong signal reliability in diverse environments, from urban rooftops to remote rural areas, as demonstrated in the promo footage released by SpaceX, showing seamless operation under cloudy skies.
These improvements expand suitable applications considerably. Households can enjoy lag-free 4K streaming, smooth video conferencing, online gaming, and smart home device management without interruption. The V5’s efficiency and portability also benefit RVs, small businesses, and temporary installations in disaster-recovery zones where quick deployment is critical. Its lightweight build lowers shipping costs and simplifies user handling compared to bulkier predecessors.
Starlink’s Broader Impact on Global Internet Connectivity
Since SpaceX began launching Starlink satellites in 2019, the constellation has grown rapidly. By mid-2026, over 10,400 satellites orbit Earth, with thousands more deployed annually. This massive low-Earth-orbit network delivers broadband to approximately 160 countries and territories, reaching millions of users who previously lacked reliable internet access.
Starlink plays a vital role in bridging the digital divide. It provides essential connectivity to remote communities, maritime vessels, airlines, and regions affected by natural disasters or infrastructure gaps. By combining advanced satellite technology with iterative hardware upgrades like the V5 kit, SpaceX continues to push the boundaries of global internet access, fostering education, economic opportunity, and emergency response capabilities worldwide.
As production ramps up, the V5 promises to make high-performance internet even more accessible to users everywhere.