News
SpaceX Falcon 9 rocket aces first interplanetary launch
SpaceX has aced its first operational interplanetary launch, sending NASA’s Double Asteroid Redirection Test (DART) spacecraft on its way out of the Earth-Moon system as part of the world’s first planetary defense mission.
Right on time, SpaceX’s flight-proven Falcon 9 booster lifted off at 10:21 pm PST with an expendable upper stage, new fairing, and the ~630 kg (~1400 lb) DART spacecraft in tow, reaching a nominal low Earth parking orbit about eight minutes later. Half a minute after the second stage’s first engine ‘cutoff’ (SECO-1), booster B1063 safely landed on drone ship Of Course I Still Love You (OCISLY), wrapping up its third orbital-class launch and spaceflight in twelve months.
Around 28 minutes after liftoff, Falcon 9’s orbital second stage fired up for the second and final time. In just 53 seconds, Falcon 9’s upper stage accelerated from a stable velocity (relative to Earth’s surface) of 7.5 kilometers per second (4.7 mi/s) to almost 11.1 km/s (6.9 mi/s), sending DART (and itself) from low Earth orbit (LEO) to an Earth escape trajectory that will ultimately leave them in orbit around the sun.

As the second Falcon hardware to reach interplanetary space, the upper stage will gradually passivate itself – depressurizing and safing batteries and flight termination systems as it prepares to spend the rest of its inactive life orbiting the sun. DART, on the other hand, has only just begun its mission. As previously discussed on Teslarati, DART is designed to slam into asteroid moon Dimorphos no earlier than September 2022 while traveling 6.6 km/s (4.1 mi/s).
“If DART succeeds, NASA anticipates it will be able to observe a slight 1.5% change in Dimorphos’ orbital period (how long it takes to orbit Didymos) with Earth-based telescopes. Perhaps one day – building upon DART, follow-up reconnaissance mission HERA, and other asteroid missions like Hayabusa2 and OSIRIS-REx – NASA and other space agencies will team up to develop a fleet of planetary defense spacecraft that can intentionally redirect asteroids that threaten Earth, preventing catastrophic impacts like the one that likely wiped out 75% of species and virtually all nonavian dinosaurs around 66 million years ago.”
Teslarati.com — November 23rd, 2021
If successful, the tiny DART spacecraft will prove that as long as an asteroid is spotted early enough, other tiny spacecraft can feasibly redirect them by slamming into them at very high speeds. In effect, if one or several space agencies or governments then decide to pursue planetary defense seriously enough, humanity – through technology, science, and cooperation – will be able to avoid the cosmic fate that’s befallen the dinosaurs and millions of other species before us. Put simply, if the dinosaurs had had a spacecraft and capability like what DART hopes to demonstrate, they could still be roaming the Earth today.
Given that CEO Elon Musk’s entire motivation for founding the company and pursuing spaceflight was to help make humanity multiplanetary and protect against mass-extinction events like those that befell the dinosaurs, it’s only fitting that SpaceX ultimately won NASA’s DART launch competition and sent the DART spacecraft on its way to Dimorphos as part of the first true planetary defense test in history.
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
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.”
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.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
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.
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
Elon Musk responds to Volvo’s latest LiDAR decision
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

