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SpaceX Falcon booster completes 10th launch and landing in 19 months
Falcon 9 booster B1058 has successfully completed SpaceX’s Transporter-3 mission, acing its tenth orbital-class launch and landing in record time in the process.
The rocket lifted off as planned from Cape Canaveral Space Force Station (CCSFS) Launch Complex 40 (LC-40) at 10:25 am EST (15:25 UTC), Thursday, January 13th with 105 small satellites in tow, marking SpaceX’s third dedicated Smallsat Rideshare Program launch since January 2021. Beginning in 2022, the company aims to conduct three such rideshare launches annually, operating Falcon 9 a bit like an orbital bus service with the capacity for hundreds of small satellites from virtually any person, institution, or company on Earth – all for the unprecedentedly low price of approximately $5,000 per kilogram.
As such, it’s no surprise that SpaceX’s Smallsat Rideshare Program has received as much demand as it has. While relatively insignificant in the scope of the rest of the company’s substantial launch and services revenue, SpaceX has now safely delivered 323 small satellites to orbit for 100+ customers with just three dedicated Transporter missions. As an example, that means that in less than 12 months, SpaceX has launched about three times as many small satellites as dedicated small satellite launch company Rocket Lab has launched in the last four years. It’s no surprise, then, that Rocket Lab has already announced plans to develop a far larger, more reusable rocket after just 20 successful Electron launches.
Meanwhile, as dozens of other startups work on similar small rockets that aim to launch around 500-1500 kg to low Earth orbit (LEO), SpaceX – who began its existence developing the much smaller Falcon 1 rocket – almost immediately abandoned small rockets to focus on the much larger Falcon 9 and Falcon Heavy vehicles. Thanks to reusability, even a moderately loaded two-stage Falcon 9 with a flight-proven booster almost certainly costs SpaceX several times less per kilogram launched than a fully-loaded Falcon 1.
The booster that launched Transporter-3 is a perfect example. Depending on how one measures it, the launch likely cost SpaceX between $15M and $30M to deliver 105 satellites – likely weighing 3-4 tons total – to sun-synchronous orbit (SSO). SpaceX charges customers a fixed price of $1 million for a 200 kg (440 lb) slot on a Transporter mission, meaning that a 4-ton payload would theoretically net the company $20M. In comparison, in 2005, SpaceX was selling Falcon 1 – designed to launch 1 ton to LEO and ~400 kg to SSO – for the equivalent of around $8 million today. In other words, Falcon 1 customers would have paid about $20,000/kg versus $5,000/kg for a slot on a reusable Falcon 9.
The kicker: Transporter-3 was Falcon 9 B1058’s tenth orbital-class launch in just 19 months, averaging one launch every 59 days. Technically, before a major downtick in SpaceX launch activity beginning in mid-2021, B1058 had actually managed eight launches in less than a year – one launch every ~45 days. Transporter-3 isn’t even its first dedicated rideshare mission – the same booster launched another 133 customer smallsats on Transporter-1 almost exactly a year ago. B1058 has also launched two astronauts, two Dragons, a South Korean geostationary communications satellite, and approximately 290 Starlink spacecraft, amounting to around 120 tons (~260,000 lb) of payload delivered to orbit in a year and half – roughly equivalent to an entire Saturn V launch to low Earth orbit for a tiny fraction of even the marginal cost of the giant Moon rocket.
SpaceX has plans for another two Transporter rideshare launches later this year. The company has as many as three more Falcon 9 launches scheduled for the second half of January, including Starlink 4-6 on January 17th and Italy’s CSG-2 Earth observation satellite on January 27th. Starlink 4-7 is expected to launch around the same time as CSG-2.
Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
