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SpaceX secures 100+ smallsat launch contracts in 10 months

SpaceX's Falcon 9 rocket has already secured more than a 100 smallsat launch contracts in less than 10 months. (NASA)

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SpaceX announced that more than 100 small spacecraft are contracted to launch on future Falcon 9 rideshare missions less than 10 months after the company’s Smallsat Program opened its doors.

Critically, this milestone suggests that even before a single launch was completed, demand for SpaceX’s unprecedentedly affordable smallsat launch services is so strong that the program is all but guaranteed to contribute outsized revenue. Thanks to the company’s free-for-all, rapid-fire approach to rideshares on its massive Falcon 9 rocket, there could be monthly opportunities for unrelated small spacecraft to launch on Starlink missions – followed by one or two dedicated rideshares to a slightly different orbit – for the indefinite future.

After securing ~100 customers in a matter of months, SpaceX’s Smallsat Program has proven that it’s already a heavyweight to be reckoned with.

Per SpaceX’s own online portal, where customers can legitimately purchase a smallsat launch contract in a matter of minutes, the potential revenue generated from >100 contracts could be even more than $100 million. For a number of reasons, however, $50-75 million is a much more reasonable – and still extremely impressive – ceiling. Equivalent to the cost of 7-10 launches of Rocket Lab’s small Electron rocket, the ultimate price paid by any given SpaceX rideshare customer is at least several times – if not a magnitude – less.

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The compromise: much like taking a bus instead of the cab, customers have to accept that they’ll likely be dropped off – at best – in the general vicinity of their optimal destination. For some small satellites, that’s likely a showstopper or major qualm. For many others, though, millions of dollars of launch cost savings could easily make up for the inconvenience. It’s even possible that companies could choose to add more capable off-the-shelf propulsion offered by a ever-growing number NewSpace suppliers to their spacecraft, effectively allowing a smallsat to head from a given rideshare ‘bus stop’ to its preferred orbit.

Electron’s 11th launch. (Rocket Lab)
Falcon 9’s upper stage sends a batch of smallsats into orbit. (SpaceX)
Space tug companies like Momentus Space could potentially take smallsats to their final destinations without requiring customers to complicate their spacecraft with more advanced propulsion. (Momentus/SpaceX)

Down the road, space tug startup Momentus Space has already signed several contracts with SpaceX to include its Vigoride and Vigoride Extended spacecraft on future Smallsat Program launches. With Vigoride and space tugs like it, smallsat owners could feasibly contract with Momentus to have their satellites delivered to a custom orbit after launching with SpaceX. It remains to be seen if the cost of a combination rideshare-spacetug launch contract can compete with a dedicated small launch vehicle like Electron, but early signs are extremely encouraging.

Scheduled to launch no earlier than December 2020, SpaceX’s very first dedicated rideshare mission will include a Momentus Vigoride space tug that has already secured contracts worth more than $6 million for a portion of its 250 kg (~550 lb) payload capacity.

All things considered, given that the very first Smallsat Program rideshare was completed less than a week ago on June 13th, SpaceX is likely just getting started. Once the company has thoroughly proven the value of its smallsat launch offering with several launches and many happy customers, it’s possible that SpaceX’s first 100 contracts will pale in comparison to the demand it sees a year or two from now.

Check out Teslarati’s Marketplace! We offer Tesla accessories, including for the Tesla Cybertruck and Tesla Model 3.

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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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Cybertruck

Tesla Cybertruck undergoes interior mod that many owners wanted

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tesla cybertruck diy bench seat
Credit: @blueskykites | X

Tesla Cybertruck is significantly different from traditional pickups on the market in a lot of ways. However, one feature that was recently modified with its interior was a highly requested characteristic that is present in other trucks, but was void from Cybertruck.

Tesla went with a five-seat configuration with Cybertruck: two in the front and three in the back. The spacious interior is matched with plenty of storage, especially up front, as a pass-through, center console, and other storage options, but some Tesla fans wanted something different: bench seating.

Bench seating is popular in many full-size pickups and allows three passengers to sit up front. The middle seat is usually accompanied by a fold-down storage unit with cupholders.

Tesla decided to opt for no bench seating up front, despite the fact that it equipped bench seating in the unveiling in 2019. Interior photos from the unveiling event from nearly six-and-a-half years ago show Tesla had originally planned to have a six-seat configuration.

This was adjusted after the company refined the design:

tesla cybertruck initial interior

(Tesla Cybertruck interior configuration in 2019)

Despite Tesla abandoning this design, it does not mean owners were willing to accept it. One owner decided to modify their Tesla Cybertruck interior to equip that third seat between the driver’s and passenger’s thrones.

The fit is snug, and while it looks great, it is important to remember that this does not abide byregulations, as it would require an airbag to be technically legal. Please do not do this at home with your own Cybertruck:

The Cybertruck is a popular vehicle in terms of publicity, but its sales have been underwhelming since first delivered to customers back in 2023. It’s hard to believe it’s been out for two-and-a-half years, but despite this, Tesla has not been able to come through on its extensive order sheet.

This is mostly due to price, as Cybertruck was simply not as affordable as Tesla originally planned. Its three configurations were initially priced at $39,990, $49,990, and $69,990. At release, Cybertruck was priced above $100,000.

This priced out many of those who had placed orders, which is the main reason Cybertruck has not lived up to its expectations in terms of sales. The adjustments to the specific features, like the removal of the bench seat, likely did not impact sales as much as pricing did.

This modification shows some creativity by Tesla owners, but also shows that the Cybertruck could always be the subject of a potential refresh to include some of these features. Tesla routinely adjusts its vehicle designs every few years, so maybe the Cybertruck could get something like this if it chooses to refresh its all-electric pickup.

 

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Elon Musk

Tesla CEO Elon Musk drops massive bomb about Cybercab

“And there is so much to this car that is not obvious on the surface,” Musk said.

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Credit: Tesla

Tesla CEO Elon Musk dropped a massive bomb about the Cybercab, which is the company’s fully autonomous ride-hailing vehicle that will enter production later this year.

The Cybercab was unveiled back in October 2024 at the company’s “We, Robot” event in Los Angeles, and is among the major catalysts for the company’s growth in the coming years. It is expected to push Tesla into a major growth phase, especially as the automaker is transitioning into more of an AI and Robotics company than anything else.

The Cybercab will enable completely autonomous ride-hailing for Tesla, and although its other vehicles will also be capable of this technology, the Cybercab is slightly different. It will have no steering wheel or pedals, and will allow two occupants to travel from Point A to Point B with zero responsibilities within the car.

Tesla shares epic 2025 recap video, confirms start of Cybercab production

Details on the Cybercab are pretty face value at this point: we know Tesla is enabling 1-2 passengers to ride in it at a time, and this strategy was based on statistics that show most ride-hailing trips have no more than two occupants. It will also have in-vehicle entertainment options accessible from the center touchscreen.

It will also have wireless charging capabilities, which were displayed at “We, Robot,” and there could be more features that will be highly beneficial to riders, offering a full-fledged autonomous experience.

Musk dropped a big hint that there is much more to the Cybercab than what we know, as a post on X said that “there is so much to this car that is not obvious on the surface.”

As the Cybercab is expected to enter production later this year, Tesla is surely going to include a handful of things they have not yet revealed to the public.

Musk seems to be indicating that some of the features will make it even more groundbreaking, and the idea is to enable a truly autonomous experience from start to finish for riders. Everything from climate control to emergency systems, and more, should be included with the car.

It seems more likely than not that Tesla will make the Cybercab its smartest vehicle so far, as if its current lineup is not already extremely intelligent, user-friendly, and intuitive.

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Investor's Corner

Tesla Q4 delivery numbers are better than they initially look: analyst

The Deepwater Asset Management Managing Partner shared his thoughts in a post on his website.

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Credit: Tesla Asia/X

Longtime Tesla analyst and Deepwater Asset Management Managing Partner Gene Munster has shared his insights on Tesla’s Q4 2025 deliveries. As per the analyst, Tesla’s numbers are actually better than they first appear. 

Munster shared his thoughts in a post on his website. 

Normalized December Deliveries

Munster noted that Tesla delivered 418k vehicles in the fourth quarter of 2025, slightly below Street expectations of 420k but above the whisper number of 415k. Tesla’s reported 16% year-over-year decline, compared to +7% in September, is largely distorted by the timing of the tax credit expiration, which pulled forward demand.

“Taking a step back, we believe September deliveries pulled forward approximately 55k units that would have otherwise occurred in December or March. For simplicity, we assume the entire pull-forward impacted the December quarter. Under this assumption, September growth would have been down ~5% absent the 55k pull-forward, a Deepwater estimate tied to the credit’s expiration.

For December deliveries to have declined ~5% year over year would imply total deliveries of roughly 470k. Subtracting the 55k units pulled into September results in an implied December delivery figure of approximately 415k. The reported 418k suggests that, when normalizing for the tax credit timing, quarter-over-quarter growth has been consistently down ~5%. Importantly, this ~5% decline represents an improvement from the ~13% declines seen in both the March and June 2025 quarters.

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Tesla’s United States market share

Munster also estimated that Q4 as a whole might very well show a notable improvement in Tesla’s market share in the United States. 

“Over the past couple of years, based on data from Cox Automotive, Tesla has been losing U.S. EV market share, declining to just under 50%. Based on data for October and November, Cox estimates that total U.S. EV sales were down approximately 35%, compared to Tesla’s just reported down 16% for the full quarter.  For the first two months of the quarter, Cox reported Tesla market share of roughly a 65% share, up from under 50% in the September quarter.

“While this data excludes December, the quarter as a whole is likely to show a material improvement in Tesla’s U.S. EV market share.

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