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SpaceX aces fifth astronaut launch in a year and half
Less than 18 months after its first crewed launch, SpaceX’s Crew Dragon spacecraft and Falcon 9 rocket have successfully completed their fifth astronaut launch, sending a crew of four on their way to the International Space Station (ISS).
After ~10 days of weather and sequencing delays and two days after Crew-2 astronauts returned to Earth in a separate Dragon, once-flown Falcon 9 booster B1067 and new Crew Dragon capsule C210 (christened Endeavour) lifted off at 9:03pm EST on Wednesday, November 10th with four Crew-3 astronauts aboard.
For NASA astronauts Raja Chari, Thomas Marshburn, and Kayla Barron, and ESA astronaut Matthias Maurer, the launch is just the beginning of a more than six-month stint in low Earth orbit. When they arrive at the ISS around 7pm EST, November 11th, they’ll join one other NASA astronaut and two Russian cosmonauts – temporarily left for three days as a bit of a skeleton crew after Crew-2’s departure. Nominally, Crew-3 would have launched before Crew-2 to allow a true on-orbit hand-off with zero interruption, but poor weather ultimately led NASA to flip the order of operations at the last minute.
With just a few days to prepare, SpaceX and NASA managed to make that significant change happen and Crew-2 returned around 10pm EST on November 8th. Less than two days later, thanks to a near-perfect recovery, Crew-3 lifted off and is now in orbit and on the way to the ISS. SpaceX’s 24th launch of the year, Crew-3 is also its fifth astronaut launch since Demo-2, which saw the company launch its first crewed test flight – carrying two NASA astronauts – on May 30th, 2020.
Relative to other crewed spacecraft, completing the first five astronaut launches in less than a year and a half is no small feat. Crew Dragon is by no means the fastest to reach that five-flight milestone and is actually middle of the pack but a simple list of names and numbers belies the fact that every other spacecraft on that list was developed by a government agency with far more power over their budgets. Crew Dragon’s development, on the other hand, was funded and overseen by NASA but it was fully managed, designed, and built by private company SpaceX under a fixed-price contract.
Spacecraft Time to 5 Crewed Flights Gemini 267d | 8 months 22 days Apollo CSM 278d | 9 months 5 days Soyuz 7K 351d | 11 months 16 days Soyuz MS 386d | 12 months 21 days Mercury 516d | 16 months 28 days Crew Dragon 529d | 17 months 11 days Soyuz TM 571d | 18 months 24 days Shuttle 578d | 18 months 30 days Soyuz TMA-M 646d | 21 months 7 days Soyuz TMA 715d | 23 months 14 days Soyuz T 749d | 24 months 19 days Vostok 793d | 26 months 2 days Shenzhou 3542d | 116 months 11 days
SpaceX is also on track to launch Axiom-1 (the first all-private astronaut mission to the ISS) and Crew-4 – Dragon’s sixth and seventh astronaut launches – before the second anniversary of Demo-2. Of those seven scheduled launches, four will have been completed for NASA in less than 18 months – a launch cadence the space agency never expected its Commercial Crew Program partners would need to support. However, partner Boeing has unfortunately mismanaged its Starliner spacecraft development, causing multiple in-flight anomalies and ultimately incurring years of delays. Originally scheduled to perform its equivalent of Dragon’s Demo-2 test flight (CFT) in 2020, Starliner’s first crewed launch is now highly unlikely to occur before 2023.
As a result, NASA has been forced to lean entirely on SpaceX and SpaceX has had to pick up the slack and rapidly learn how to operate Crew Dragon at twice its planned cadence. Thankfully, despite the fact that Crew Dragon will ultimately cost NASA ~40% and $2 billion less than Starliner, SpaceX has more than managed to rise to the challenge and ensure that NASA has had uninterrupted access to the ISS since November 2020. Crew-3 continues that uninterrupted access – a service that Crew Dragon and SpaceX alone are now likely to provide until at least early to mid-2023.
Elon Musk
Tesla director pay lawsuit sees lawyer fees slashed by $100 million
The ruling leaves the case’s underlying settlement intact while significantly reducing what the plaintiffs’ attorneys will receive.
The Delaware Supreme Court has cut more than $100 million from a legal fee award tied to a shareholder lawsuit challenging compensation paid to Tesla directors between 2017 and 2020.
The ruling leaves the case’s underlying settlement intact while significantly reducing what the plaintiffs’ attorneys will receive.
Delaware Supreme Court trims legal fees
As noted in a Bloomberg Law report, the case targeted pay granted to Tesla directors, including CEO Elon Musk, Oracle founder Larry Ellison, Kimbal Musk, and Rupert Murdoch. The Delaware Chancery Court had awarded $176 million to the plaintiffs. Tesla’s board must also return stock options and forego years worth of pay.
As per Chief Justice Collins J. Seitz Jr. in an opinion for the Delaware Supreme Court’s full five-member panel, however, the decision of the Delaware Chancery Court to award $176 million to a pension fund’s law firm “erred by including in its financial benefit analysis the intrinsic value” of options being returned by Tesla’s board.
The justices then reduced the fee award from $176 million to $70.9 million. “As we measure it, $71 million reflects a reasonable fee for counsel’s efforts and does not result in a windfall,” Chief Justice Seitz wrote.
Other settlement terms still intact
The Supreme Court upheld the settlement itself, which requires Tesla’s board to return stock and options valued at up to $735 million and to forgo three years of additional compensation worth about $184 million.
Tesla argued during oral arguments that a fee award closer to $70 million would be appropriate. Interestingly enough, back in October, Justice Karen L. Valihura noted that the $176 award was $60 million more than the Delaware judiciary’s budget from the previous year. This was quite interesting as the case was “settled midstream.”
The lawsuit was brought by a pension fund on behalf of Tesla shareholders and focused exclusively on director pay during the 2017–2020 period. The case is separate from other high-profile compensation disputes involving Elon Musk.
Elon Musk
SpaceX-xAI merger discussions in advanced stage: report
The update was initially reported by Bloomberg News, which cited people reportedly familiar with the matter.
SpaceX is reportedly in advanced discussions to merge with artificial intelligence startup xAI. The talks could reportedly result in an agreement as soon as this week, though discussions remain ongoing.
The update was initially reported by Bloomberg News, which cited people reportedly familiar with the matter.
SpaceX and xAI advanced merger talks
SpaceX and xAI have reportedly informed some investors about plans to potentially combine the two privately held companies, Bloomberg’s sources claimed. Representatives for both companies did not immediately respond to requests for comment.
A merger would unite two of the world’s largest private firms. xAI raised capital at a valuation of about $200 billion in September, while SpaceX was preparing a share sale late last year that valued the rocket company at roughly $800 billion.
If completed, the merger would bring together SpaceX’s launch and satellite infrastructure with xAI’s computing and model development. This could pave the way for Musk’s vision of deploying data centers in orbit to support large-scale AI workloads.
Musk’s broader consolidation efforts
Elon Musk has increasingly linked his companies around autonomy, AI, and space-based infrastructure. SpaceX is seeking regulatory approval to launch up to one million satellites as part of its long-term plans, as per a recent filing. Such a scale could support space-based computing concepts.
SpaceX has also discussed the feasibility of a potential tie-up with electric vehicle maker Tesla, Bloomberg previously reported. SpaceX has reportedly been preparing for a possible initial public offering (IPO) as well, which could value the company at up to $1.5 trillion. No timeline for SpaceX’s reported IPO plans have been announced yet, however.
News
Tesla already has a complete Robotaxi model, and it doesn’t depend on passenger count
That scenario was discussed during the company’s Q4 and FY 2025 earnings call, when executives explained why the majority of Robotaxi rides will only involve one or two people.
Tesla already has the pieces in place for a full Robotaxi service that works regardless of passenger count, even if the backbone of the program is a small autonomous two-seater.
That scenario was discussed during the company’s Q4 and FY 2025 earnings call, when executives explained why the majority of Robotaxi rides will only involve one or two people.
Two-seat Cybercabs make perfect sense
During the Q&A portion of the call, Tesla Vice President of Vehicle Engineering Lars Moravy pointed out that more than 90% of vehicle miles traveled today involve two or fewer passengers. This, the executive noted, directly informed the design of the Cybercab.
“Autonomy and Cybercab are going to change the global market size and mix quite significantly. I think that’s quite obvious. General transportation is going to be better served by autonomy as it will be safer and cheaper. Over 90% of vehicle miles traveled are with two or fewer passengers now. This is why we designed Cybercab that way,” Moravy said.
Elon Musk expanded on the point, emphasizing that there is no fallback for Tesla’s bet on the Cybercab’s autonomous design. He reiterated that the autonomous two seater’s production is expected to start in April and noted that, over time, Tesla expects to produce far more Cybercabs than all of its other vehicles combined.
“Just to add to what Lars said there. The point that Lars made, which is that 90% of miles driven are with one or two passengers or one or two occupants, essentially, is a very important one… So this is clearly, there’s no fallback mechanism here. It’s like this car either drives itself or it does not drive… We would expect over time to make far more CyberCabs than all of our other vehicles combined. Given that 90% of distance driven or distance being distance traveled exactly, no longer driving, is one or two people,” Musk said.
Tesla’s robotaxi lineup is already here
The more interesting takeaway from the Q4 and FY 2025 earnings call is the fact that Tesla does not need the Cybercab to serve every possible passenger scenario, simply because the company already has a functional Robotaxi model that scales by vehicle type.
The Cybercab will handle the bulk of the Robotaxi network’s trips, but for groups that need three or four seats, the Model Y fills that role. For higher-end or larger-family use cases, the extended-wheelbase Model Y L could cover five or six occupants, provided that Elon Musk greenlights the vehicle for North America. And for even larger groups or commercial transport, Tesla has already unveiled the Robovan, which could seat over ten people.
Rather than forcing one vehicle to satisfy every use case, Tesla’s approach mirrors how transportation works today. Different vehicles will be used for different needs, while unifying everything under a single autonomous software and fleet platform.
Tesla director pay lawsuit sees lawyer fees slashed by $100 million
SpaceX-xAI merger discussions in advanced stage: report
