SpaceX
SpaceX given the go-ahead for Crew Dragon’s first journey into Earth orbit
NASA and SpaceX officials announced on Friday that the company is ready to conduct the first orbital launch of Crew Dragon as early as March 2nd, a demonstration that will directly precede the first crewed launch on a US rocket in more eight years.
Shortly after the news broke, NASA hosted what can only be described as an effusive press conference in which typically reserved officials like Bill Gerstenmaier and Kathy Lueders discussed the Commercial Crew Program milestone. Above all else, they reported no glaring concerns and rather unequivocally echoed the affirmation that SpaceX, NASA, Falcon 9, and Crew Dragon are all ready and eager to get to orbit. SpaceX now aims to roll the spacecraft and rocket out to the launch pad – Kennedy Space Center’s Pad 39A – on Thursday, February 28th, roughly 48 hours before T-0.
The Demo-1 Flight Readiness Review has concluded. The Board set March 2 at 2:48 a.m. EST as the official launch date for @SpaceX's flight to @Space_Station. #LaunchAmerica https://t.co/2DIJ99guG2 pic.twitter.com/86lV29gVNS
— NASA Commercial Crew (@Commercial_Crew) February 22, 2019
Relative to any number of recent NASA press conferences, the mood in the conference hall following the joint NASA-SpaceX Flight Readiness Review (FRR) was one of obvious relief and elation, marked particularly by heaps of praise and rare personal segues from Mr. Gerstenmaier (associate NASA administrator of Human Exploration and Operations) and Ms. Lueders, NASA’s Commercial Crew Program manager.
“We’re go for launch, we’re go for docking, and we’ll work through [one minor ISS partner concern] next week. But again, just a phenomenal review today … It’s great being back here again [and] starting to get that feeling of launching again and getting ready to go fly.” – Bill Gerstenmaier, NASA HEOMD, 02/22/19
“Right now, [we] do not have any open, joint risks [present on] this mission. It’s been part of our FRR process, and it was the reason why I could tell Mr. Gerstenmaier … that we [are] ready to go fly.” – Kathy Lueders, NASA CCP, 02/22/19
SpaceX Vice President of Build and Flight Reliability Hans Koenigsmann was equally enthusiastic about the completed review, describing his firm belief that – regardless of any delays it may have caused – the Crew Dragon spacecraft and its Falcon 9 rocket would ultimately be the best they could be as a result of the constant back-and-forth between NASA and SpaceX engineers and analysts.
The main mission objectives for DM-1: pic.twitter.com/i5rCKSQEDP
— SpaceXUpdates (@SpaceXUpdates) February 22, 2019
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Aside from the encouraging FRR and follow-up press conference, SpaceX and NASA are reportedly planning on making the hosted webcast of Crew Dragon’s inaugural launch something fairly spectacular. While no specifics were given, this would come as no surprise knowing SpaceX’s past history of exceptional launch webcasts combined with CEO Elon Musk’s equal affinity to spectacular events. According to Koenigsmann, Crew Dragon will be outfitted with a mannequin (effectively an aerospace-grade crash test dummy) dressed in one of SpaceX’s in-house spacesuits, a globally-recognizable icon thanks to the widespread popularity of Falcon Heavy’s launch debut and special payload.
“The only work between now and launch is what we would consider standard work and [the] standard close-out of activities moving forward. So that shows you that we’re fully ready to go do this DM-1 flight next Saturday.” – Bill Gerstenmaier, NASA HEOMD, 02/22/19
The spacecraft will also apparently be nearly identical to DM-2’s Crew Dragon, the first vehicle that will fly with astronauts onboard. As such, it will presumably be outfitted with everything a crew of astronauts would need, including seats, a functioning control panel/display, lighting, and the general fit and finish of an interior ready to support a human presence for multiple days straight. Live camera views of both Starmannequin and out of Crew Dragon’s windows will thus be par for the course, among many other unique perspectives. SpaceX will also offer a rare hosted webcast for Crew Dragon’s arrival and docking at the International Space Station, scheduled roughly 24 hours after launch, an event that could potentially include exceptionally rare feeds from Dragon’s own onboard cameras.
Regardless, this is an event you do not want to miss. If all goes well during the Feb. 27 launch readiness review (LRR) and Falcon 9’s subsequent roll-out to Pad 39A, SpaceX will attempt its first Crew Dragon launch at 2:49 am EST (07:49 UTC) March 2nd.
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Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
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This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
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Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk updates the SpaceX timeline for Mars
