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SpaceX wins NASA contract to deliver cargo to Lunar Gateway moon outpost

NASA has selected SpaceX to deliver cargo to its upcoming Lunar Gateway. Credit: SpaceX

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SpaceX’s Dragon spacecraft has delivered cargo to the International Space Station, but soon it will carry goods to an orbit higher than the International Space Station: the lunar Gateway.

Agency officials announced Friday (March 27) that NASA selected SpaceX as the first commercial company to be contracted to deliver cargo to the upcoming Gateway. The California-based aerospace company will deliver cargo to lunar orbit, including research experiments, astronaut supplies, sample collection hardware, and more.

NASA has plans of returning to the moon, and an essential piece of architecture in that quest is a small space station, dubbed Gateway, that will orbit the moon. Construction on the lunar outpost is scheduled to begin in 2022, as part of the space agency’s larger effort to establish a long-term presence on the moon.

The moon will be a testbed to help the agency and its partners develop and test the technology needed for human missions to Mars. And the Gateway is a big part of that. The small space station will serve as a command post for both crewed and uncrewed excursions to the lunar surface. It will also serve as a facility for research experiments.

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Currently, SpaceX uses its Falcon 9 rocket to ferry cargo Dragon spacecraft to the space station. Each craft is capable of transporting around six metric tons (or 13,200 lbs.) to low-Earth orbit. After delivering its cargo, Dragon typically remains attached to the ISS for about a month before returning to Earth.

For the upcoming lunar missions, SpaceX proposed using its Falcon Heavy rocket to ferry a modified version of its Dragon spacecraft to the future outpost. The spacecraft, called Dragon XL, would deliver more than five metric tons of cargo, and the craft would stay docked for up to 12 months.

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Currently, SpaceX’s Dragon spacecraft delivers cargo to and from the space station. Credit: NASA

“Returning to the moon and supporting future space exploration requires affordable delivery of significant amounts of cargo,” said Gwynne Shotwell, SpaceX president, and COO. “Through our partnership with NASA, SpaceX has been delivering scientific research and critical supplies to the International Space Station since 2012, and we are honored to continue the work beyond Earth’s orbit and carry Artemis cargo to the Gateway.”

NASA first announced it was looking for companies to deliver cargo to the upcoming lunar station last summer; SpaceX is the first to be awarded a contract.

“This contract award is another crucial piece of our plan to return to the moon sustainably,” said NASA Administrator Jim Bridenstine. “The Gateway is the cornerstone of the long-term Artemis architecture, and this deep space commercial cargo capability integrates yet another American industry partner into our plans for human exploration at the moon in preparation for a future mission to Mars.”

SpaceX plans to use its Starship spacecraft to deliver robotic landers to the lunar surface. Credit: SpaceX

Although SpaceX is the first, NASA is expected to announce at least one more company that will deliver cargo to the Gateway. To that end, the agency set aside a total of $7 billion (to be spent over a period of 12 to 15 years) for the delivery services. Each company selected will be guaranteed at least two missions.

NASA’s goal is to return to the moon by 2024 and to do so sustainably. To that end, the agency is relying on the commercial industry to help out. So far, the space agency has already awarded contracts for the Gateway’s power and propulsion element as well as a small habitat module.

But that’s not all; the space agency is also taking proposals for landing services. Last November, SpaceX announced its interest and that it planned to use its Starship to deliver robotic landers to the lunar surface. Starship was originally designed to ferry people to Mars, but like the rest of the lunar program, the first step for it could be delivering payloads to the moon.

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Tesla ends Full Self-Driving purchase option in the U.S.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Credit: Tesla

Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.

The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.

Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:

There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.

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Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.

Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.

Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.

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Musk bankers looking to trim xAI debt after SpaceX merger: report

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.

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Credit: SpaceX

Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.

The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.

SpaceX IPO is coming, CEO Elon Musk confirms

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The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.

Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”

That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.

X merged with xAI last March, which brought the valuation to $45 billion, including the debt.

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SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:

“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”

The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.

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Tesla pushes Full Self-Driving outright purchasing option back in one market

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

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Credit: Tesla

Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.

The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.

The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.

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Tesla hits major milestone with Full Self-Driving subscriptions

However, Tesla just launched it just last year in Australia.

Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.

The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.

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In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.

The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.

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