News
SpaceX is searching for BFR landing sites for early 2020s Mars missions
SpaceX Principal Mars Development Engineer Paul Wooster gave a surprise talk at a February 2018 meeting of the Mars Exploration Program Analysis Group, where he provided a brief overview of SpaceX’s plans for the Red Planet, ranging from prospective landing sites for the company’s first missions there to the possibility of including significant secondary payloads on BFR and Falcon Heavy launches.
Wooster reiterated that SpaceX is still targeting the early 2020s for its first true BFR missions to Mars, perhaps less than five years from today. He further discussed prospective landing locations on the planet, emphasizing a need for a smooth landing site, easy access to on or near-surface water ice, and a preference for the warmer and more forgiving mid and low (equatorial) latitudes. A huge amount of work admittedly remains before the company before those missions are even remotely conceivable, especially missions with crew onboard.
If/when SpaceX successfully debuts its Crew Dragon spacecraft and demonstrates the ability to reliably and safely transport humans to and from orbit, a huge amount of the risk currently innate in any long-term interplanetary transport and colony creation will be definitively retired, transforming several of the major problems at hand from clean-slate tech development to optimizing and scaling up functional first-generation designs and hardware.
Crew Dragon’s official uncrewed demonstration debut (DM-1) and perhaps the crewed demonstration follow-on mission (DM-2) will likely have real launch dates announced later this week in an August 3 NASA press conference. Reliable sources have pegged those dates around October-December for DM-1 and 3-6 months later for DM-2
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- SpaceX’s gorgeous Crew Dragon capsule is nearing its own debut, likely before the end of 2018. (SpaceX)
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- The first spaceworthy Crew Dragon capsule is already in Florida, preparing for its November 2018 launch debut. The same capsule will be refurbished and reflown as few as three months after recovery. (SpaceX)
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- Note that Merlin 1D and prior Raptor prototypes both feature traditional single nozzles. (Pauline Acalin)
Nevertheless, SpaceX is demonstrably hard at work designing and building BFR‘s booster, spaceship, and tanker and is moving quickly in the direction of full-scale engineering and production. Much of that prototype manufacturing happens to be taking place in a temporary tent installed in a Port of Los Angeles parking lot near the end of 2017. According to one source engaged in the work there, SpaceX technicians and engineers have already begun rolling out preliminary materials and engineering samples of carbon composite structures and propellant tanks with the massive manufacturing tools (one known as a mandrel) temporarily housed inside.
Just a few miles away, the company is busy preparing a construction site for a permanent BFR factory on a plot of Port of Los Angeles land known as Berth 240. The smaller Phase 1 of that BFR factory is expected to be completed roughly a year after construction begins, placing the inauguration of the dedicated facility sometime around the middle of 2019. Suborbital launches of the massive rocket’s upper stage spaceship are expected in 2019, while orbital launches of BFR are NET 2020.
Read the full summary of Mr. Wooster’s presentation below.
“A walk-on presentation was given by Paul Wooster of SpaceX which highlighted the recent successful test of the Falcon Heavy launch vehicle with its potentially very large payload capacity (100 metric tons). Using the Falcon Heavy and development of an even larger Big Falcon Rocket (BFR) launcher are the basis of their ambitious plans for the future exploration and colonization of Mars, potentially launching missions to Mars within the early 2020s. SpaceX’s current landing site candidates for Mars were shown, having been chosen to provide access to near-surface ice, few landing site hazards (such as large rocks), and enough space for potentially growing a sizeable outpost. The ice sites are in high mid-latitudes and the search for lower latitude candidates, which are preferred, continues. Previously, MEPAG had been told that SpaceX could transport for-fee payloads to the Mars surface. In response to questions, Paul iterated that there is likely to be capacity for secondary payloads on either the Falcon Heavy or BFR launchers, although details remain to be negotiated once the launcher capabilities are firmly established.”
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Elon Musk
SpaceX to launch Starlink V2 satellites on Starship starting 2027
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls.
SpaceX is looking to start launching its next-generation Starlink V2 satellites in mid-2027 using Starship.
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls during remarks at Mobile World Congress (MWC) in Barcelona, Spain.
“With Starship, we’ll be able to deploy the constellation very quickly,” Nicolls stated. “Our goal is to deploy a constellation capable of providing global and contiguous coverage within six months, and that’s roughly 1,200 satellites.”
Nicolls added that once Starship is operational, it will be capable of launching approximately 50 of the larger, more powerful Starlink satellites at a time, as noted in a Bloomberg News report.
The initial deployment of roughly 1,200 next-generation satellites is intended to establish global and contiguous coverage. After that phase, SpaceX plans to continue expanding the system to reach “truly global coverage, including the polar regions,” Nicolls said.
Currently, all Starlink satellites are launched on SpaceX’s Falcon 9 rocket. The next-generation fleet will rely on Starship, which remains in development following a series of test flights in 2025. SpaceX is targeting its next Starship test flight, featuring an upgraded version of the rocket, as soon as this month.
Starlink is currently the largest satellite network in orbit, with nearly 10,000 satellites deployed. Bloomberg Intelligence estimates the business could generate approximately $9 billion in revenue for SpaceX in 2026.
Nicolls also confirmed that SpaceX is rebranding its direct-to-cell service as Starlink Mobile.
The service currently operates with 650 satellites capable of connecting directly to smartphones and has approximately 10 million monthly active users. SpaceX expects that figure to exceed 25 million monthly active users by the end of 2026.
Elon Musk
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Elon Musk’s social platform X and artificial intelligence startup xAI are reportedly preparing to repay approximately $17.5 billion in outstanding debt in full.
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Morgan Stanley, which arranged the debt financing for both companies, has reportedly informed existing lenders that X and xAI plan to pay back the full amount of the $17.5 billion debt. Bloomberg’s sources did not disclose where the capital for the repayment would be coming from.
X, formerly known as Twitter, assumed roughly $12.5 billion in debt during Musk’s acquisition of the company. xAI separately borrowed about $5 billion through bonds and loans last June. The two firms merged last year under xAI Holdings.
Bloomberg noted that portions of the debt are relatively recent and may carry early repayment penalties. xAI’s $3 billion in high-yield bonds are expected to be redeemed at 117 cents on the dollar, reflecting a premium since the debt was expected to stay outstanding for at least two years.
X has been servicing tens of millions of dollars in monthly debt payments, while xAI has reportedly been burning approximately $1 billion in cash per month as it invests heavily in data centers, chips, and AI talent. That being said, xAI also concluded a funding round in January, where it raised $20 billion of new equity.
The repayment plans come as Musk consolidates several of his businesses. SpaceX recently acquired xAI, making it a subsidiary as the company explores plans for space-based data centers. The combined entity has been valued at approximately $1.25 trillion.
Bloomberg previously reported that SpaceX is targeting a confidential IPO filing as soon as this month, potentially positioning the private space firm for a public listing later this year. Representatives for Morgan Stanley declined to comment, and X and xAI did not immediately respond to requests for comment.
News
Tesla Giga Berlin head calls out Handelsblatt’s claimed 2025 production figures
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
Tesla Gigafactory Berlin’s plant manager has publicly pushed back against recent reporting by German business publication Handelsblatt, which cited reportedly erroneous data about the factory’s production figures and financial performance.
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
In his LinkedIn post, Thierig called out Handelsblatt’s claim that 149,000 Model Y vehicles were produced at Giga Berlin in 2025. He noted that “the article is simply filled from front to back with false information and claims!
“I have to set the record straight here! In the last article about Tesla in Grünheide, the Handelsblatt speaks e.g. of 149,000 Model Ys built in 2025. WRONG!
“In 2025, we again produced over 200,000 vehicles. And this despite the fact that we stopped production in Q1 for the changeover to the new Model Y and then ramped it up again to 5,000 units per week over several weeks,” Thierig wrote.
He added that production increased each quarter in 2025 compared to the prior quarter and stated that more than 700,000 Model Y units have been produced at Grünheide since manufacturing began in 2022. For the first quarter of 2026, he stated that the factory is planning another production increase compared to the fourth quarter of 2025.
Thierig also questioned Handelsblatt’s reported 0.74% profit margin, writing that how the publication calculated the figure “remains reserved for their secret ‘calculation skills.’”
Beyond production data, Thierig highlighted Tesla’s broader footprint in Germany, stating that the company has invested more than €5 billion in Grünheide since 2020 and created nearly 11,000 permanent, above-tariff jobs. He added that Tesla is currently investing nearly €100 million into battery cell production at the site, which is expected to generate several hundred additional positions.
In a follow-up comment, Thierig noted that he did communicate with the publication’s editor-in-chief in an effort to “start fresh,” but he was informed that Handelsblatt’s current approach works just fine.
“Last year, I spoke to a representative of the Handelsblatt editor-in-chief and suggested that we “start anew” again. Handelsblatt turned down this offer on the grounds that their current approach works well for them,” Thierig noted.
Sönke Iwersen, Head of Investigative Research at Handelsblatt, responded to Thierig’s post, stating that the newspaper’s figures were based on Tesla’s own annual financial statements for the Grünheide entity.
He cited reported 2024 revenue of €7.68 billion, operating profit of €156.8 million, and net income after taxes of €55.6 million. Iwersen also referenced prior public comments from Elon Musk about Cybertruck demand, noting the gap between reported pre-orders and subsequent annual sales figures.
He also stated that the works council election eligibility figures Giga Berlin had dropped to 10,703 employees today from 12,415 two years ago.
“As far as production figures are concerned, these are figures from the data service provider Inovev. This is also stated in the article. Please compare this with Elon Musk’s information on demand for the Cybertruck. According to Musk, there were one million pre-orders. In the first year, 39,000 units were sold, in the second year 20,000. How can this be explained? With a million pre-orders?
“You yourself have repeatedly pointed out in recent months that no jobs would be cut in Grünheide because Tesla is different from the competition. Now a new works council is being elected in Grünheide. 10,703 people are eligible to vote. Two years ago, 12,415 people were eligible to vote. So there were exactly 1712 fewer from 2024 to 2026,” Iwersen wrote.
SpaceX to launch Starlink V2 satellites on Starship starting 2027
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
