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SpaceX aces 12th launch of 2022, delivering dozens of satellites to orbit

Falcon 9 B1061 lifts off with 40 customer satellites on SpaceX's 12th launch of the year. (Richard Angle)

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SpaceX has aced its 12th launch of 2022 just a day over three months into the year, demonstrating a major leap in sustained launch cadence as the company strives to achieve ambitious goals set by CEO Elon Musk.

That 12th launch was Transporter-4, a dedicated rideshare mission managed by SpaceX itself. Falcon 9 lifted off on time on April 1st with fewer satellites than it had ever launched before on a Transporter mission – ‘just’ 40 payloads for about a dozen customers. The rocket performed as expected, reaching a parking orbit about nine minutes after liftoff. Booster B1061 – flying for the eighth time – safely landed on drone ship Just Read The Instructions (JRTI) about a minute prior, ensuring that it will be able to fly again. Over the course of more than 90 minutes, Falcon 9’s upper stage performed four separate burns to deploy all 40 payloads into several different orbits before finally deorbiting itself.

All told, Transporter-4 was SpaceX’s 121st consecutively successful launch, 37th consecutively successful landing, 112th landing overall, 89th reuse of a Falcon booster, and the 34th launch with a reused Falcon fairing. Falcon 9 is and continues to be the most reliable operational launch vehicle in the world. Just as importantly, it’s also the most prolific launch vehicle operational today.

In 2021, SpaceX successfully launched Falcon 9 31 times, falling a bit short of internal goals. Just before the year was over, though, SpaceX abruptly demonstrated the ability to complete five orbital launches in less than three weeks and six launches in less than four weeks – blowing its previous records out of the water and establishing the potential for huge increases in annual cadence. In 2022, SpaceX has thus far managed to sustain a similar cadence for a full quarter of the year.

Following Transporter-4, SpaceX has launched 12 Falcon 9 rockets in 90 days. If sustained for three more quarters, the company could launch 48 times this year – a 55% increase in annual launch cadence compared to a record 31 launches completed in 2021. A few weeks ago, SpaceX CEO Elon Musk established 52 launches – one per week – as the company’s overarching goal for 2022. More recently, Musk – in classic fashion – raised his already significant ambitions and boosted that goal to 60 launches, including at least a thousand more Starlink satellites.

52 launches may still be achievable with a few five or six-launch months. 60 launches, however, would require an average of 5.3 launches per month for the rest of 2022 – maybe not impossible but a huge challenge even before considering the fact that one of SpaceX’s three Falcon pads could be bogged down with as many as five Falcon Heavy and seven Dragon launches in the next nine months. Falcon Heavy, Falcon 9 Dragon, and Falcon 9 Fairing launches all require significant modifications to pad hardware, modifications that likely take at least a week or two to complete. Continuously swapping between setups to squeeze in the odd Starlink or satellite launch isn’t out of the question, but the added schedule risk would increase the odds of delays for several of SpaceX’s most delay-averse missions, including Crew Dragon, Cargo Dragon, and interplanetary spacecraft launches for NASA and two or three ‘national security’ missions for the US military.

Even if SpaceX falls short of Musk’s ambitious 60-launch target, it will take a minor disaster for 2022 to not be the company’s most spectacular year yet. This month alone, SpaceX is scheduled to launch the first all-private astronaut mission to the International Space Station no earlier than (NET) April 6th, followed by launches of Starlink 4-14 NET April 14th, NROL-85 NET April 15th, and a group of four NASA and ESA astronauts NET April 20th.

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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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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

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.”

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.”

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.

SpaceX Board has set a Mars bonus for Elon 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.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

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.

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.

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