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SpaceX on track to send Starship, private astronauts around the Moon in 2023
In a new media blitz, Japanese billionaire Yusaka Maezawa (‘MZ’) has reentered the spotlight with SpaceX CEO Elon Musk to update the public on their DearMoon initiative.
Unveiled in September 2018, Maezawa’s DearMoon project was founded with the intention of returning humankind to the Moon for the first time since the Apollo Program ended in the 1970s. This time around, though, a billionaire would singlehandedly fund the mission on their own, opening up as many as eight seats to an entirely different kind of astronaut. Initially, Maezawa positioned the project as an effort to take several artists – representing as diverse a collection of disciplines as possible – to the Moon.
Faced with arguably the most privileged and impactful vantage point known to humans, the voyage would aim to inspire the creation of new and groundbreaking art that could be shared with almost anyone on Earth.
In the ~30 months since Musk’s and Maezawa’s first announcement, a great deal about the Starship rocket meant to launch the mission has changed, including a radical redesign that replaced the widespread use of carbon fiber composite structures with stainless steel. Now, according to Maezawa, the purview of his DearMoon project has also changed in a big way.
In a video update, the retired billionaire stated that he’d ultimately concluded that his initial plan – selecting eight artists – was too narrow and arbitrary to properly give as many deserving people as possible a chance at a life-changing experience.
“Who do I mean by artists? The more I thought about it, the more ambiguous it became, and I began to think that every single person who is doing something creative could be called an artist. That is why I wanted to reach out to a wider, diverse audience to give more people across the world the opportunity to join this journey.”Yusaku Maezawa
Instead of a hand-selected crew elite or exceptional artists, Maezawa appears to be opening up the eight seats he purchased for guests to just about anyone on Earth, so long as they consider themselves an artist, are eager to push the envelope of creativity, and are willing to help their fellow crewmates achieve their own artistic goals.
Back in 2018, with Maezawa’s help in the form of an implied investment on the order of several hundred million dollars, SpaceX committed to launching Starship’s circumlunar DearMoon mission as early as 2023. Two and a half years and a radical Starship redesign later, Elon Musk says he is “highly confident” that SpaceX’s next-generation rocket will have “reach orbit many times” and “be safe enough for human transport” by 2023. Curiously, at least in the clips Maezawa ultimately included in the update video, Musk never stated that Starship was explicitly on track to launch humans on a circumlunar “free-return trajectory” – notably difficult for the extremely high-velocity reentry it entails.
Nevertheless, his otherwise confident statements – seemingly implying that Starship remains on track after more than two years of work – bode well for the DearMoon mission launching at least within 12-18 months of its 2023 target. At that rate, there’s a real chance that it will beat NASA’s state-funded SLS and Orion rocket to become the first crewed mission to the Moon in half a century.
Elon Musk
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.
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Tesla Cybercab sighting confirms one highly requested feature
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
A recent sighting of Tesla’s Cybercab prototype in Chicago appears to confirm a long-requested feature for the autonomous two-seater.
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
The Cybercab’s camera washer
The Cybercab prototype in question was sighted in Chicago, and its image was shared widely on social media. While the autonomous two-seater itself was visibly dirty, its rear camera area stood out as noticeably cleaner than the rest of the car. Traces of water were also visible on the trunk. This suggested that the Cybercab is equipped with a rear camera washer.
As noted by Model Y owner and industry watcher Sawyer Merritt, a rear camera washer is a feature many Tesla owners have requested for years, particularly in snowy or wet regions where camera obstruction can affect visibility and the performance of systems like Full Self-Driving (FSD).
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip the Cybercab’s other external cameras with similar cleaning systems. Given the vehicle’s fully autonomous design, redundant visibility safeguards would be a logical inclusion.
The Cybercab in Tesla’s autonomous world
The Cybercab is Tesla’s first purpose-built autonomous ride-hailing vehicle, and it is expected to enter production later this year. The vehicle was unveiled in October 2024 at the “We, Robot” event in Los Angeles, and it is expected to be a major growth driver for Tesla as it continues its transition toward an AI- and robotics-focused company. The Cybercab will not include a steering wheel or pedals and is intended to carry one or two passengers per trip, a decision Tesla says reflects real-world ride-hailing usage data.
The Cybercab is also expected to feature in-vehicle entertainment through its center touchscreen, wireless charging, and other rider-focused amenities. Musk has also hinted that the vehicle includes far more innovation than is immediately apparent, stating on X that “there is so much to this car that is not obvious on the surface.”
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Tesla seen as early winner as Canada reopens door to China-made EVs
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y.
Tesla seems poised to be an early beneficiary of Canada’s decision to reopen imports of Chinese-made electric vehicles, following the removal of a 100% tariff that halted shipments last year.
Thanks to Giga Shanghai’s capability to produce Canadian-spec vehicles, it might only be a matter of time before Tesla is able to export vehicles to Canada from China once more.
Under the new U.S.–Canada trade agreement, Canada will allow up to 49,000 vehicles per year to be imported from China at a 6.1% tariff, with the quota potentially rising to 70,000 units within five years, according to Prime Minister Mark Carney.
Half of the initial quota is reserved for vehicles priced under CAD 35,000, a threshold above current Tesla models, though the electric vehicle maker could still benefit from the rule change, as noted in a Reuters report.
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y. That year, Tesla began shipping vehicles from Shanghai to Canada, contributing to a sharp 460% year-over-year increase in China-built vehicle imports through Vancouver.
When Ottawa imposed a 100% tariff in 2024, however, Tesla halted those shipments and shifted Canadian supply to its U.S. and Berlin factories. With tariffs now reduced, Tesla could quickly resume China-to-Canada exports.
Beyond manufacturing flexibility, Tesla could also benefit from its established retail presence in Canada. The automaker operates 39 stores across Canada, while Chinese brands like BYD and Nio have yet to enter the Canadian market directly. Tesla’s relatively small lineup, which is comprised of four core models plus the Cybertruck, allows it to move faster on marketing and logistics than competitors with broader portfolios.
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
Tesla Cybercab sighting confirms one highly requested feature
