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SpaceX aces 60th orbital launch of 2022
SpaceX has completed its 60th orbital launch of 2022, marking the first time the company has fully hit a public cadence target set by one of its executives.
By every possible measure, 2022 has been a groundbreaking year for SpaceX even when considering the vast list of achievements it’s racked up over the last half-decade. It owns and operates the largest satellite constellation in history by an order of magnitude. Its Starlink satellite internet service has secured more than a million subscribers less than two years after entering beta. It operates the only routinely reusable orbital-class rockets and orbital spacecraft currently in service. Its Falcon 9 workhorse has launched more in one year than any other single rocket in history. It’s regularly launching at a pace that hasn’t been sustained by any one country – let alone a single company – in 40 years. It’s managing that near-historic cadence while simultaneously recovering and reusing boosters and fairings that represent some 70% of the value of almost every rocket it launches.
And now, SpaceX can also proudly show that it was able to hit a launch cadence target that seemed impossibly ambitious when CEO Elon Musk first shared it nine months ago.
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
Exactly nine months later, SpaceX has just completed its 60th launch of 2022. 69 days after its last orbital-class launch, Falcon 9 booster lifted off for the 11th time with a somewhat mysterious batch of 54 Starlink satellites. A bit less than nine minutes after liftoff, B1062 touched down 660 kilometers (410 mi) downrange on SpaceX drone ship A Shortfall Of Gravitas (ASOG). Seconds prior, Falcon 9’s expendable upper stage reached orbit, shut down its lone Merlin Vacuum engine, and began slowly spinning itself end over end.
Nineteen minutes after leaving the ground, the stack of 54 Starlink satellites was released all at once, slowly spreading out like a splayed deck of cards. Over the coming hours, days, and weeks, those satellites will naturally spread out, deploy solar arrays, stabilize their attitudes, test their payloads, and begin climbing toward an operational orbit somewhere between 480 and 580 kilometers (300-360 mi) above Earth’s surface.
As previously discussed, SpaceX’s so-called “Starlink 5-1” mission raises a number of questions that the company’s launch webcast and communications unfortunately failed to answer. First and foremost, the “5-1” name is nonsensical. The only information SpaceX did disclose about the mission is that it’s the “first [launch] of Starlink’s upgraded network…under [a] new license,” implying – but not actually confirming – that “Starlink 5-1” is the first launch for the Starlink Gen2 constellation.
The orbit the launch targeted only matches one of the Gen2 ‘shells’ the US Federal Communications Commission (FCC) recently approved. Using a naming scheme that’s been consistent for a year and a half, “5-1” implies that the mission is the first launch of Starlink Gen1’s fifth ‘shell’ or group, which the orbit it was actually launched to explicitly makes impossible. It’s very odd that SpaceX did not explicitly call the mission what it actually is: the first launch of an entirely new Starlink Gen2 constellation. The name ultimately doesn’t matter much, but is now likely to create confusion given that SpaceX’s Starlink Gen1 constellation has a fifth shell that may begin launches in the near future.
Additionally, outside of a single obscure FCC filing submitted two months ago, it’s long been stated and implied that the Starlink Gen2 constellation’s main advantage over Gen1 was the much larger size of the Gen2/V2 satellites. But the satellites launched on “Starlink 5-1” appear to be virtually identical to all recent Starlink V1.5 satellites, which CEO Elon Musk once suggested were so cost-inefficient that they could risk bankrupting SpaceX in November 2021.
There is one obvious explanation for why SpaceX would launch ordinary Starlink V1.5 satellites in place of the larger V2 variants that will supposedly make the internet constellation more financially sustainable: a desire to add new customers as quickly as possible, no matter the relative cost. While a much smaller V1.5 satellite likely offers around 3-8 times less usable bandwidth than one of the larger V2 variants SpaceX is developing, it may still be true that a V1.5 satellite is better than nothing while larger V2 satellites are stuck behind development delays or waiting on SpaceX’s next-generation Starship rocket.
SpaceX will almost certainly want to replace any V1.5 satellites with V2 satellites when the opportunity arises, but in the meantime, V1.5 satellites launched as part of the Gen2 constellation may technically allow SpaceX to temporarily double the amount of bandwidth available where most people (and Starlink customers) live. Ultimately, that means that it makes a lot of sense for SpaceX to prioritize Gen2 launches. It doesn’t appear that SpaceX will go that far, but the Starlink Gen1 constellation is so far along that the company could easily leave the constellation as-is and prioritize Gen2 Falcon 9 launches for all of 2023 without risking an FCC penalty. SpaceX simply needs to finish its Gen1 constellation before April 2027 to avoid breaking those rules.
Instead, it looks like SpaceX will roughly split its launch and V1.5 satellite manufacturing capacity between Starlink Gen1 and Gen2 moving forward. That will let SpaceX significantly expand bandwidth where most customers live while also finishing the polar-orbiting Gen1 shells that will let the older constellation better serve maritime and aviation subscribers, and reach Starlink’s most remote customers.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.
Elon Musk
Tesla’s Q1 delivery figures show Elon Musk was right
On the surface, the numbers reflect a mature EV market facing competition, softening demand, and the loss of certain incentives. Yet they also quietly validate a prediction Elon Musk has repeated for years: Tesla’s traditional auto business is becoming far less central to the company’s future.
Tesla reported its Q1 delivery figures on Thursday, and the figures — solid but unspectacular — show that CEO Elon Musk was right about what the company’s most important production and division would be.
We are seeing that shift occur in real time.
Tesla delivered 358,023 vehicles in the first quarter of 2026, according to the company’s official report released April 2.
The figure represents modest year-over-year growth of roughly 6 percent from Q1 2025’s 336,681 deliveries but a sharp sequential drop from Q4 2025’s 418,227. Production reached 408,386 vehicles, while energy storage deployments hit 8.8 GWh.
On the surface, the numbers reflect a mature EV market facing competition, softening demand, and the loss of certain incentives. Yet they also quietly validate a prediction Elon Musk has repeated for years: Tesla’s traditional auto business is becoming far less central to the company’s future.
Musk has long argued that vehicles alone will not define Tesla’s value.
Optimus Will Be Tesla’s Big Thing
In September 2025, Musk stated bluntly on X that “~80% of Tesla’s value will be Optimus,” the company’s humanoid robot.
He has described Optimus as potentially “more significant than the vehicle business over time.” Those comments were not abstract futurism. In January 2026, during the Q4 2025 earnings call, Musk announced the end of Model S and X production, framing it as an “honorable discharge,” he called it.
Those are the biggest factors.
~80% of Tesla’s value will be Optimus.
— Elon Musk (@elonmusk) September 1, 2025
The Fremont factory space, once dedicated to those flagship sedans, is being converted into an Optimus manufacturing line, with a long-term target of one million robots per year from that single facility alone.
The Q1 2026 numbers arrive at precisely the moment this strategic pivot is accelerating. Model 3 and Y deliveries totaled 341,893 units, while “other models” (including Cybertruck, Semi, and the final wave of S/X) added 16,130.
Growth is no longer explosive because Tesla is no longer chasing volume at all costs. Instead, the company is reallocating capital and factory floor space toward autonomy, energy storage, and robotics, businesses Musk believes will command far higher margins and enterprise value than incremental car sales.
Delivery Hits and Misses are Becoming Less Important
Wall Street’s pre-release consensus had pegged deliveries near 365,000. Coming in below that estimate might have rattled investors focused solely on automotive metrics. Yet Musk’s thesis has never been about maximizing quarterly vehicle shipments.
Tesla, he has insisted, “has never been valued strictly as a car company.”
The modest Q1 auto performance, paired with the deliberate wind-down of legacy programs and the ramp of Optimus, underscores that point. While EV demand stabilizes, Tesla is building the infrastructure for Robotaxis and humanoid robots that could dwarf today’s car business.
The future is here, and it is happening. It’s funny to think about how quickly Tesla was able to disrupt the traditional automotive business and force many car companies to show their hand. But just as fast as Tesla disrupted that, it is now moving to disrupt its own operation.
Cars, once the only recognizable and widely-known division of Tesla, is now becoming a background effort, slowly being overtaken by the company’s ambitions to dominate AI, autonomy, and robotics for years to come.
Critics may still view the shift as risky or premature. But the Q1 figures, solid but unspectacular in the auto segment, illustrate exactly what Musk has been signaling: the era when Tesla’s valuation rose and fell with every Model Y delivery is ending.
The company’s long-term bet is on AI-driven products that turn vehicles into high-margin robotaxis and factories into robot foundries. Thursday’s delivery report did not just meet the market’s tempered expectations; it proved Elon Musk was right all along.
The car business, once everything, is quietly becoming an important piece of a much larger puzzle.
Investor's Corner
Tesla reports Q1 deliveries, missing expectations slightly
The figure, however, fell short of Wall Street’s consensus estimate of 365,645 units, reflecting ongoing headwinds in the global EV market.
Tesla reported deliveries for the first quarter of 2026 today, missing expectations set by Wall Street analysts slightly as the company aims to have a massive year in terms of sales, along with other projects.
Tesla delivered 358,023 vehicles in the first quarter of 2026, marking a 6.3 percent increase from 336,681 vehicles in Q1 2025.
The figure, however, fell short of Wall Street’s consensus estimate of 365,645 units, reflecting ongoing headwinds in the global EV market. Production reached approximately 362,000 vehicles, with Model 3 and Model Y accounting for the vast majority. The results come as Tesla navigates softening demand, intensifying competition in China and Europe, and the expiration of key U.S. federal tax incentives.
🚨 BREAKING: Tesla delivered 358,023 vehicles in Q1 2026
Tesla also reported record energy deployments of 8.8 GWh
Wall Street had delivery consensus estimates of 365,645 pic.twitter.com/EVNAu5L3UT
— TESLARATI (@Teslarati) April 2, 2026
Energy storage deployments provided a bright spot, hitting a record 8.8 GWh in Q1. This underscores the accelerating momentum in Tesla’s energy segment, which has become a critical growth driver even as automotive volumes stabilize.
Year-over-year, the energy business continues to outpace vehicle sales, with analysts noting strong backlog demand for Megapack systems amid rising grid-scale needs for renewables and AI data centers.
Looking ahead, analysts project full-year 2026 vehicle deliveries in the range of 1.69 million units—a modest 3-5% rise from roughly 1.64 million in 2025.
Growth is expected to accelerate in the second half as production ramps and new incentives emerge in select markets. However, risks remain: persistent high interest rates, price competition from legacy automakers and Chinese EV makers, and potential margin pressure could cap upside.
Tesla has not issued official full-year guidance, but executives have signaled confidence in sequential quarterly improvements driven by cost reductions and refreshed lineups.
By the end of 2026, Tesla plans several major product launches to reignite momentum. The refreshed Model Y, including a new 7-seater variant already rolling out in select markets, is expected to boost family-oriented sales with updated styling, efficiency gains, and interior enhancements.
Autonomous ambitions remain central to Tesla’s mission, and that’s where the vast majority of the attention has been put. Volume production of the Cybercab (Robotaxi) is targeted to begin ramping in 2026, potentially unlocking new revenue streams through unsupervised Full Self-Driving (FSD) deployment.
A next-generation affordable EV platform, possibly under $30,000, is also in advanced planning stages for 2026 or 2027 introduction. On the energy front, the Megapack 3 and larger Megablock systems will drive further deployment scale.
While Q1 highlights transitional challenges in autos, Tesla’s diversified roadmap, spanning refreshed consumer vehicles, commercial trucks, Robotaxis, and explosive energy growth, positions the company for a stronger second half and beyond. Investors will watch Q2 closely for signs of sustained recovery, especially with new vehicles potentially on the horizon.
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