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SpaceX to surpass weekly launch target in first half of 2022
SpaceX is on track to surpass CEO Elon Musk’s weekly launch target in the first half of 2022 with one final launch scheduled in June,
While still awaiting SpaceX’s official confirmation, the company appears to be on track to launch one last time before the start of the second half of the year. Drone ship A Shortfall Of Gravitas (ASOG) departed Port Canaveral on June 24th and headed around 666 kilometers (~413 mi) east of the Florida coast, where it will support a Falcon 9 booster landing after the launch of the geostationary SES-22 communications satellite. Originally scheduled to launch in July as of March, SpaceX ultimately managed to squeeze SES-22 into its June manifest.
With the launch fast approaching, SES-22 has slipped slightly from a June 27/28 target to no earlier than (NET) 5:04 pm EDT (21:04 UTC) on June 29, leaving SpaceX two attempts to launch the satellite this month. SES-22 is a geostationary communications satellite of an unknown mass (possibly around 3.5 tons or 7700 lb) designed to supply TV, radio, and other communications services to customers in the United States. It will be the first SES satellite launch in response to the US Federal Communication Commission’s (FCC) C-band auction, which paid existing operators to clear a portion of the “C-band spectrum” (radio waves between 4-8 GHz) that is optimal for ground-based 5G networks.
Built by Europe’s Thales Alenia Space alongside SES-23, SES-22 was originally meant to be a spare for SES-18, 19, 20, and 21, which are being manufactured by Northrop Grumman and were scheduled to launch in pairs in H2 2022. SOme of the Northrop Grumman-built satellites, however, have suffered significant delays. Strangely, while SpaceX’s SES-18/19 launch schedule has become indeterminate, SES-20/21 are reportedly on track to launch on a ULA Atlas V rocket as early as August. As a partial result, SES recently announced that SES-20 will replace SES-22 as an on-orbit spare, freeing up SES-22 to begin operating just a month or two after launch.
SES-22 will be SpaceX’s 27th launch of 2022 and last launch of the first half of the year, an average cadence of one orbital launch every 6.7 days. Technically, SpaceX’s relatively abrupt cadence surge began in late 2021, and the company has now completed 34 launches – also more than one per week – in the last eight months.
To meet CEO Elon Musk’s February target of one launch per week in 2022, SpaceX ‘only’ has to repeat the extraordinary feat it has already achieved in the first half of the year. For a rolling annual average of one launch per week, however, SpaceX is already two-thirds of the way to the finish line and has 18 launches to go over the next ~20 weeks.
Barring delays, SES-22 will be SpaceX’s 17th commercial launch since November 2021 – a clean 50:50 split with the 17 internal Starlink launches SpaceX has completed in the same period.
Elon Musk
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla.
The Delaware Supreme Court has overturned a lower court ruling, reinstating Elon Musk’s 2018 compensation package originally valued at $56 billion but now worth approximately $139 billion due to Tesla’s soaring stock price.
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla. Musk quickly celebrated the outcome on X, stating that he felt “vindicated.” He also shared his gratitude to TSLA shareholders.
Delaware Supreme Court makes a decision
In a 49-page ruling Friday, the Delaware Supreme Court reversed Chancellor Kathaleen McCormick’s 2024 decision that voided the 2018 package over alleged board conflicts and inadequate shareholder disclosures. The high court acknowledged varying views on liability but agreed rescission was excessive, stating it “leaves Musk uncompensated for his time and efforts over a period of six years.”
The 2018 plan granted Musk options on about 304 million shares upon hitting aggressive milestones, all of which were achieved ahead of time. Shareholders overwhelmingly approved it initially in 2018 and ratified it once again in 2024 after the Delaware lower court struck it down. The case against Musk’s 2018 pay package was filed by plaintiff Richard Tornetta, who held just nine shares when the compensation plan was approved.
A hard-fought victory
As noted in a Reuters report, Tesla’s win avoids a potential $26 billion earnings hit from replacing the award at current prices. Tesla, now Texas-incorporated, had hedged with interim plans, including a November 2025 shareholder-approved package potentially worth $878 billion tied to Robotaxi and Optimus goals and other extremely aggressive operational milestones.
The saga surrounding Elon Musk’s 2018 pay package ultimately damaged Delaware’s corporate appeal, prompting a number of high-profile firms, such as Dropbox, Roblox, Trade Desk, and Coinbase, to follow Tesla’s exodus out of the state. What added more fuel to the issue was the fact that Tornetta’s legal team, following the lower court’s 2024 decision, demanded a fee request of more than $5.1 billion worth of TSLA stock, which was equal to an hourly rate of over $200,000.
Delaware Supreme Court Elon Musk 2018 Pay Package by Simon Alvarez
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Tesla Cybercab tests are going on overdrive with production-ready units
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the vehicle being reported across social media this week.
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the autonomous two-seater being reported across social media this week. Based on videos of the vehicle that have been shared online, it appears that Cybercab tests are underway across multiple states.
Recent Cybercab sightings
Reports of Cybercab tests have ramped this week, with a vehicle that looked like a production-ready prototype being spotted at Apple’s Visitor Center in California. The vehicle in this sighting was interesting as it was equipped with a steering wheel. The vehicle also featured some changes to the design of its brake lights.
The Cybercab was also filmed testing at the Fremont factory’s test track, which also seemed to involve a vehicle that looked production-ready. This also seemed to be the case for a Cybercab that was spotted in Austin, Texas, which happened to be undergoing real-world tests. Overall, these sightings suggest that Cybercab testing is fully underway, and the vehicle is really moving towards production.
Production design all but finalized?
Recently, a near-production-ready Cybercab was showcased at Tesla’s Santana Row showroom in San Jose. The vehicle was equipped with frameless windows, dual windshield wipers, powered butterfly door struts, an extended front splitter, an updated lightbar, new wheel covers, and a license plate bracket. Interior updates include redesigned dash/door panels, refined seats with center cupholders, updated carpet, and what appeared to be improved legroom.
There seems to be a pretty good chance that the Cybercab’s design has been all but finalized, at least considering Elon Musk’s comments at the 2025 Annual Shareholder Meeting. During the event, Musk confirmed that the vehicle will enter production around April 2026, and its production targets will be quite ambitious.
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Tesla gets a win in Sweden as union withdraws potentially “illegal” blockade
As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Swedish union Vision has withdrawn its sympathy blockade against Tesla’s planned service center and showroom in Kalmar. As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Vision’s decision to pull the blockade
Vision announced the blockade in early December, stating that it was targeting the administrative handling of Tesla’s facility permits in Kalmar municipality. The sympathy measure was expected to start Monday, but was formally withdrawn via documents sent to the Mediation Institute and Kalmar Municipality last week.
As noted in a Daggers Arbete report, plans for the strike were ultimately pulled after employer group SKR highlighted potential illegality under the Public Employment Act. Vision stressed its continued backing for the Swedish labor model, though Deputy negotiation manager Oskar Pettersson explained that the Vision union and IF Metall made the decision to cancel the planned strike together.
“We will not continue to challenge the regulations,” Petterson said. “The objection was of a technical nature. We made the assessment together with IF Metall that we were not in a position to challenge the legal assessment of whether we could take this particular action against Tesla. Therefore, we chose to revoke the notice itself.”
The SKR’s warning
Petterson also stated that SKR’s technical objection to the Vision union’s planned anti-Tesla strike framed the protest as an unauthorized act. “It was a legal assessment of the situation. Both for us and for IF Metall, it is important to be clear that we stand for the Swedish model. But we should not continue to challenge the regulations and risk getting judgments that lead nowhere in the application of the regulations,” he said.
Vision ultimately canceled its planned blockade against Tesla on December 9. With Vision’s withdrawal, few obstacles remain for Tesla’s long-planned Kalmar site. A foreign electrical firm completed work this fall, and Tesla’s Careers page currently lists a full-time service manager position based there, signaling an imminent opening.
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
Tesla Cybercab tests are going on overdrive with production-ready units
