SpaceX
SpaceX bags 60th successful Falcon 9 launch eight years after rocket’s debut
Following the successful separation of the ~7 metric ton satellite Telstar 18V after a nominal orbit insertion, SpaceX’s venerable Falcon 9 rocket can now lay claim to a full 60 successful orbital missions completed over the course of its relatively brief eight-year career as a commercial launch vehicle.
Telstar 18V – the second heaviest commercial satellite ever launched into orbit – is now free to make its way into a final geostationary orbit ~35,800 km (~22,250 mi) above Earth’s surface, where it will serve the Eastern Hemisphere with a variety of communications services, ranging from TV to internet.
https://twitter.com/_TomCross_/status/1039020007987077121
After Falcon 9’s upper stage separated from the first stage and pushed onwards to a low Earth parking orbit, Falcon 9 Block 5 booster B1049 flipped around using an array of powerful cold-gas nitrogen thrusters and arced towards a now-routine drone ship landing roughly 700 kilometers off the Florida coast, breaking the satellite communications link as per usual before appearing aboard Of Course I Still Love You.
With Hurricane Florence nipping at the drone ship and its entourage’s heels, SpaceX will likely try to quickly usher the Falcon 9 booster back to Port Canaveral, where it will be offloaded, brought horizontal, and transported to a local facility for refurbishment ahead of its next flight, hopefully the first of many to come. Falcon 9 Block 5 has been designed – nominally – for rapid and extensive reusability, perhaps up to 100 flights per booster with routine maintenance (10 flights with minimal refurbishment) and turnaround as rapid as 24 hours for the same core. While it appears that there may be a significant amount of work left before those aspirational figures can be made real, Block 5 is clearly a major step forward for the Falcon 9 family and includes – aside from reusability – upgrades that will enable the rocket to launch NASA astronauts aboard Crew Dragon with extreme reliability.
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- Falcon 9 B1049 and Telstar 18V. (SpaceX)
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- Falcon 9 B1049 and Telstar 18V. (SpaceX)
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- Falcon 9 B1049 and Telstar 18V. (SpaceX)
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- Liftoff! (SpaceX)
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- Falcon 9 B1049 completes its reentry burn. (SpaceX)
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- Falcon 9 B1049 completes its reentry burn. (SpaceX)
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- B1049 stands proud after a successful landing aboard drone ship OCISLY. (SpaceX)
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- Falcon 9’s upper stage seen in orbit shortly after launch. (SpaceX)
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- Falcon 9’s upper stage seen in orbit shortly after launch. (SpaceX)
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- The 7060 kg Telstar 18V drifts gracefully away from Falcon 9 S2 into orbital glare. (SpaceX)
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- The 7060 kg Telstar 18V drifts gracefully away from Falcon 9 S2 into orbital glare. (SpaceX)
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- (Tom Cross)
Compared alongside almost all other modern rockets, Falcon 9 is exceptional for the sheer speed with which it has burst onto the commercial launch scene, with Boeing’s nearly-retired Delta II family of rockets the only vehicle to hold a candle to Falcon 9 in terms of competitive advantage. Delta II, which debuted in 1989, managed a thoroughly impressive seven launches in its first year of operations and a full 55 launches (53 successes, 1 partial failure, 1 total failure).
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With one partial in-flight failure (a secondary payload loss during CRS-1), one total in-flight failure (CRS-7), and one on-pad failure (Amos-6), Falcon 9 is truly comparable with Delta II, although Boeing’s expendable launch vehicle has, of course, remained permanently expendable, and relied almost unilaterally upon the US government for all but a small handful of its first several dozen launches. SpaceX’s Telstar 18V success is just one of many examples of this difference of interest in commercial competition, and a full 12 of the 16 missions SpaceX has now launched in 2018 flew commercial satellites and were awarded to the launch company on a competitive basis.
https://twitter.com/_TomCross_/status/1039031282339127297
Up next for SpaceX is Argentinian Earth observation satellite SAOCOM-1A, scheduled to launch from California’s Vandenberg Air Force Base atop a flight-proven Falcon 9 Block 5 booster no earlier than October 7th.
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk’s massive Terafab project, which will be the first true conglomeration between each of his major entities, is set to get its final location soon, the CEO said on Tesla’s recent earnings call.
“The Terafab, we expect to announce a location soon, and provide more details about our plans in that regard. We’ll leave that to the product, the launch announcement rather than try to squeeze it into an earnings call,” Musk said last Wednesday.
Tesla Terafab set for launch: Inside the $20B AI chip factory that will reshape the auto industry
Terafab was announced by Musk back in March and was essentially a massive, vertically integrated semiconductor manufacturing project that would provide all the chips the three companies needed for their AI initiatives without needing third-party companies.
The plant will produce over 1 terawatt of AI compute each year, and will help back up projects like Optimus, Full Self-Driving, and other AI-based projects that Musk’s companies are working on.
In April, less than a month after the project was launched, Intel announced it would join the project, contributing manufacturing expertise and consulting to Terafab as a whole. Intel is one of three chip manufacturers that produce sub-5 nanometer chips at scale. TSMC and Samsung are the other two.
However, there was no true indication of where Terafab would end up, but most believe it will likely be somewhere in Texas. Business Insider has reported that SpaceX plans to build out Terafab in Grimes County, Texas, but this is unconfirmed.
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Musk confirmed recently that it would not be on Giga Texas property, as it is simply too large.
The sheer scale of TERAFAB is going to be insane.
Elon said it wouldn’t be suitable for anywhere on Giga Texas property because it’s too big:
“We couldn’t possibly fit the Terafab on the GigaTexas campus. It will be far bigger than everything else combined there.
Several… pic.twitter.com/79GbhNNuf4
— TESLARATI (@Teslarati) March 23, 2026
Terafab holds much of Musk’s grand ambitions for the future within its construct. It holds so much responsibility for the future and the biggest projects that Musk’s companies can imagine.
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“I think this is a very big announcement and it deserves to have its own day in the spotlight and not be squeezed into an earnings call,” he said. “I do think Terafab is going to be an amazing initiative and a necessary one, and one without which we will be constrained in our ability to scale Optimus production, because we simply won’t have enough AI chips.”
He continued by stating that Terafab is necessary for scaling Optimus, which Musk said could be the biggest product of any kind of all time. “It’s crucial to solve that, and we’ll have to solve memory, logic, and packaging in order to scale Optimus.”
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
