News
SpaceX to launch quartet of mini geostationary satellites in 2023
Startup Astranis has purchased a dedicated Falcon 9 launch from SpaceX for four miniature geostationary communications satellites.
Known as MicroGEO, the comparatively tiny satellites Astranis is building aim to offer prospective customers an alternative to the immense, expensive satellites that dominate modern geostationary (GEO) communications. Where those flagship satellites tend to weigh anywhere from three to seven metric tons (~6,500-15,500 lb) at liftoff, MicroGEO satellites will weigh around 400 kilograms (~900 lb) – at least a magnitude lighter. Astranis also believes it will be able to eke out about 10 gigabits per second (Gbps) of bandwidth from each tiny satellite, giving them a level of performance that could actually be proportionally comparable to or greater than much larger satellites.
While it’s not clear that Astranis is actually selling its MicroGEOs for “1/20th the cost of traditional GEO communications satellites,” as they claim, the startup has found plenty of customers.
As of March 2022, Astranis has secured contracts to build 11 MicroGEO satellites for a range of customers: one for Alaska’s Pacific Dataport, eight for in-flight and at-sea connectivity provider Anuvu, and one or two for Peru’s Grupo Andesat. Astranis says its deal to launch one satellite for Andesat – with an option for a second – is worth more than $90 million. At that price tag, MicroGEO might cost about half as much as a more traditional entry-level GEO satellite but will only offer 10 Gbps for the money. For twice the price, a prospective customer could easily buy a satellite with at least five to ten times the throughput.
In that sense, MicroGEOs are actually more expensive relative to the performance they offer. Their main benefits appear to be a lower cost of entry, significantly lower launch costs, and the ability to dedicate a whole satellite to a relatively small region or niche service. In that sense, MicroGEO’s draw might be comparable to the reason some launch customers prefer a more expensive dedicated launch on a small rocket over a much cheaper launch as one of many rideshare payloads on a large rocket. For that premium, dedicated launch customers don’t have to worry about the logistics of juggling dozens of other satellites, the risk of related launch delays, or the general need to compromise with other passengers.
While MicroGEO satellite might be significantly less cost-efficient than larger alternatives, smaller customers may find paying a premium preferable to having to find or compromise with other customers to avoid wasting any leftover bandwidth. Additionally, in some unique situations, dedicated MicroGEO satellites may actually be several times cheaper for customers. CEO John Gedmark says that for Peru’s Andesat, MicroGEO offers a “factor of three or a factor of four cost decrease…compared to what they’re paying today [to lease less capacity on existing satellites].”
It’s clear that Astranis’ customers see significant value in MicroGEO. On top of Astranis’ current backlog, Gedmark recently revealed that the company is working on deals for “dozens” of additional satellites and believes that “there will be more than 100 Astranis satellites in active service” by 2030. That means that Astranis’ unique Falcon 9 contract is likely to be the first of many. For perhaps as little as $50 million, a SpaceX Falcon 9 rocket will launch four MicroGEO satellites at once. The relatively tiny payload – likely less than two tons (~4400 lb) – will allow Falcon 9 to launch into a more energetic geostationary transfer orbit (GTO), significantly reducing the amount of time the MicroGEOs will need to reach operational orbits.
Elon Musk
Elon Musk hints Tesla investors will be rewarded heavily
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.
Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.
Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.
Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.
Musk said in the interview:
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”
Elon Musk in new interview: “Hold on to your $TSLA stock. It’s going to be worth a lot, I think. That’s my bet.” pic.twitter.com/cucirBuhq0
— Sawyer Merritt (@SawyerMerritt) February 26, 2026
It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.
However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.
- Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
- Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
- Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
- Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release
These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.
Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.
She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.
Cybertruck
Tesla drops latest hint that new Cybertruck trim is selling like hotcakes
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
🚨 Tesla has updated the $59,990 Cybertruck Dual Motor AWD’s estimated delivery date to April 2027.
First deliveries are still slated for June, but if you order it now, you’ll be waiting over a year.
Demand appears to be off the charts for the new Cybertruck and consumers are… pic.twitter.com/raDCCeC0zP
— TESLARATI (@Teslarati) February 26, 2026
Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.
The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.
Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.
That points more toward demand and not necessarily to slower production plans, but it is not confirmed.
Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says
Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.
It features:
- Dual Motor AWD w/ est. 325 mi of range
- Powered tonneau cover
- Bed outlets (2x 120V + 1x 240V) & Powershare capability
- Coil springs w/ adaptive damping
- Heated first-row seats w/ textile material that is easy to clean
- Steer-by-wire & Four Wheel Steering
- 6’ x 4’ composite bed
- Towing capacity of up to 7,500 lbs
- Powered frunk
Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.
Elon Musk
Elon Musk outlines plan for first Starship tower catch attempt
Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
Elon Musk has clarified when SpaceX will first attempt to catch Starship’s upper stage with its launch tower. The CEO’s update provides the clearest teaser yet for the spacecraft’s recovery roadmap.
Musk shared the details in recent posts on X. In his initial post, Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
“Starship V3 SN1 headed for ground tests. I am highly confident that the V3 design will achieve full reusability,” Musk wrote.
In a follow-up post, Musk addressed when SpaceX would attempt to catch the upper stage using the launch tower’s robotic arms.
“Should note that SpaceX will only try to catch the ship with the tower after two perfect soft landings in the ocean. The risk of the ship breaking up over land needs to be very low,” Musk clarified.
His remarks suggest that SpaceX is deliberately reducing risk before attempting a tower catch of Starship’s upper stage. Such a milestone would mark a major step towards the full reuse of the Starship system.
SpaceX is currently targeting the first Starship V3 flight of 2026 this coming March. The spacecraft’s V3 iteration is widely viewed as a key milestone in SpaceX’s long-term strategy to make Starship fully reusable.
Starship V3 features a number of key upgrades over its previous iterations. The vehicle is equipped with SpaceX’s Raptor V3 engines, which are designed to deliver significantly higher thrust than earlier versions while reducing cost and weight.
The V3 design is also expected to be optimized for manufacturability, a critical step if SpaceX intends to scale the spacecraft’s production toward frequent launches for Starlink, lunar missions, and eventually Mars.
Elon Musk hints Tesla investors will be rewarded heavily
Tesla drops latest hint that new Cybertruck trim is selling like hotcakes
