News
SpaceX nears Falcon 9 lunar rideshare launch as main satellite arrives in FL
SpaceX and customers Pasifik Satelit Nusantara (PSN), SpaceIL, and Spaceflight Industries are reportedly one month away from the NET February 18th launch of Indonesian communications satellite PSN VI (since renamed Nusantara Satu), commercial moon lander Beresheet, and additional unspecified smallsats.
In an encouraging sign that the mission’s launch date might hold, the PSN VI communications satellite – manufactured and delivered by Space Systems Loral (SSL) – arrived at SpaceX’s Cape Canaveral, Florida payload processing facilities in late December 2018 and is likely to be joined by SpaceIL’s Beresheet spacecraft in the next few weeks.
https://twitter.com/sslmda/status/1082427646921846784
Easily the most exotic rideshare mission yet in terms of the sheer variability and newness of almost every aspect, communications satellite PSN VI will not only be joined by the world’s first commercial lunar lander but also play host to rideshare organizer Spaceflight’s first dedicated rideshare mission to a high-energy geostationary transfer orbit (GTO), stretching approximately 200 to 36,000 km (120 to 22,000 miles) above Earth.
Led in large part by satellite contractor SSL’s recently-introduced PODS method of attaching rideshare satellite dispensers to larger geostationary satellites, the company’s main manufacturing focus, GTO or even full-GEO rideshare opportunities could open all kinds of doors for exotic but affordable smallsat missions beyond Earth orbit. If successfully implemented, one could foresee commercial, government, or academic entities with budgets that would have originally had them laughed out of doors actually be able to support their own dedicated missions to the Moon and perhaps even to other planets, asteroids, or comets.
Big Science, Small Packages
A pair of tiny, experimental spacecraft called #MarCO flew to Mars and fulfilled a their mission yesterday, relaying near-real-time data during @NASAInSight’s #MarsLanding. Find out more about the record-setting CubeSats: https://t.co/JOAaM2lHjx pic.twitter.com/IlNesoEonq— NASA JPL (@NASAJPL) November 27, 2018
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Less than coincidentally, JPL (Jet Propulsion Laboratory) successfully launched, tested, and demonstrated a pair of small signal relay cubesats as viable communications infrastructure during Mars lander InSight’s November 2018 landing attempt, becoming the first smallsats ever to operate in deep space. While the utility of each MarCO cubesat was very limited, the program was an extremely successful technology demonstration and has likely opened a number of doors for smallsat passengers to join future interplanetary missions. Already, the European Space Agency (ESA) hopes to include multiple cubesats on an asteroid defense-focused mission to the Didymous asteroid system in the 2020s.
A couple of #CubeSats will join #ESA’s Hera mission towards a binary asteroid system to perform additional bonus science alongside the main mothership. #newspace #cubesat #space https://t.co/gu3BS4sgL0 pic.twitter.com/13iw7gh1u6
— D-Orbit (@D_Orbit) January 8, 2019
While SSL apparently tested PODS with success on the communications satellite Hispasat 30W-6, launched by SpaceX in March 2018, it appears that PSN VI may be the first purely commercial use of SSL’s offerings. Whatever the complex relationship is, it appears that PSN VI’s PODS were co-opted (ordered?) by Spaceflight, who then sold those spaces and managed the integration of customers with spacecraft that needed an orbit truly unique for cubesats.
Given the fact that there has been almost complete silence on Spaceflight’s GTO-1 rideshare mission and that the most recent use of PODS on Hispasat was reportedly funded and used by military research agency DARPA, it may actually be reasonable to conclude that Spaceflight is acting as the middleman for a number of satellites built or owned by military agencies, potentially explaining the radio-silence from Spaceflight’s normally talkative communications team.
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- PSN-6, an SSL-built communications satellite weighing several thousand kilograms, arrived in Florida roughly 10 days ago. (SSL)
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- PSN-6, an SSL-built communications satellite weighing several thousand kilograms, arrived in Florida roughly 10 days ago. (SSL)
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- SpaceIL’s Beresheet moon lander. (SpaceIL)
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- Beresheet is seen here prior to the spacecraft’s flight from Israel to Florida. (SpaceIL/IAI)
Regardless, this launch is bound to be a fascinating one from a trajectory design perspective. Whether or not Falcon 9’s upper stage is actually going to be involved in the task of helping lunar lander Beresheet on its way to the Moon, info from manufacturer and operator SpaceIL suggests that the small ~600 kg spacecraft will rely on an eccentric method of shifting orbits from around the Earth to intercept the Moon. Over the course of several months of small nudges in the right direction, Beresheet will eventually – and very gradually – oscillate on the tip of the gravitational peak between the two planetary bodies until it eventually slips down the lunar side to eventually intercept the Moon. While very slow, this optimized trajectory will be extremely efficient, allowing as much propellant as possible to be saved for the actual task of landing on the Moon.
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Which rocket slipper fits?
Come launch day, the combined mass of PSN VI (Nusantara Satu), Beresheet, and unknown rideshare passenger spacecraft will most likely fall somewhere between 5500 and 6000 kg (~12,000-13,500 lbs), indicating that SpaceX’s Falcon 9 should be more than capable of placing the stack of satellites into a healthy geostationary transfer orbit before attempting to land aboard drone ship Of Course I Still Love You (OCISLY).
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- Pad 39A seen after most extraneous Shuttle-era hardware had been removed, November 2018. (Tom Cross)
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- Falcon 9 B1047.2 is seen here conducting its second successful drone ship landing. (SpaceX)
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- Falcon 9 B1048 appears out of the fog prior to its second orbital-class launch. (Pauline Acalin)
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- Falcon 9 B1048.2 landed at LZ-4 after its second successful launch. (SpaceX)
The question that remains, then, is which Falcon 9 rocket will be tasked with launching the unique mission. Given that SpaceX appears to be rushing full-speed-ahead to complete the next Falcon Heavy in time for a late-February or March launch debut, it seems very unlikely that SpaceX could preserve that aggressive FH launch schedule while also preparing a separate, new Falcon 9 booster for PSN VI. If that’s the case, then the two options at hand are Falcon 9s B1047.3 and B1048.3, both of which have previously launched twice and are currently at SpaceX’s Florida facilities.
In other words, it appears that SpaceX’s first commercial launch to the Moon might lift off on a flight-proven Falcon 9 booster, an unintended but thoroughly fitting precursor to what is hopefully a future full of highly reusable rockets and interplanetary (as in between two or more planetary bodies) spaceflight.
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Elon Musk has declared that SpaceX has effectively solved one of Starship’s most persistent engineering challenges: the reliability of its heat shield tiles.
During the company’s first-ever Earnings Call, the SpaceX CEO stated:
“I don’t want to jinx it or anything, but I think I would call the heat shield problem solved at this point. All indications from data and visual inspection is we have solved it. That doesn’t mean we won’t make improvements, but we do not see any technical obstacles to achieving rapid reusability at this point.”
Starship’s heat shield consists of roughly 18,000 hexagonal ceramic tiles covering the windward side of the upper stage. These tiles form the thermal protection system that shields the vehicle’s stainless-steel structure from the extreme heat of atmospheric reentry.
Elon says he believes the heat shield problem with Starship is currently solved.
He called it “arguably the single biggest problem” pic.twitter.com/eEE9vM5zlz
— TESLARATI (@Teslarati) August 4, 2026
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During descent, atmospheric friction generates temperatures exceeding several thousand degrees Celsius and creates plasma flows capable of melting unprotected metal. The tiles absorb, radiate, and insulate against this energy, allowing the vehicle to survive and potentially fly again. Without a durable heat shield, full and rapid reusability, the cornerstone of Starship’s design for frequent launches, satellite deployments, and deep-space missions, would remain impossible.
The tiles have long been a source of difficulty. On earlier test flights, a significant number of tiles detached during ascent due to vibration, aerodynamic loads, and imperfect attachment methods using pins and adhesives. Gaps between tiles allowed hot plasma to infiltrate, causing secondary damage and hot spots on the underlying structure.
These issues echoed challenges faced by NASA’s Space Shuttle, whose ceramic tiles required extensive, labor-intensive inspections and replacements between missions, preventing rapid turnaround. SpaceX has iteratively improved materials, standardized tile shapes, refined attachment techniques, added secondary ablative layers, and tested sealing methods such as “crunch wrap” felt to close gaps.
Progress was visible across Flights 10–12, with steadily better tile retention, yet questions remained about whether the system could support the minimal-refurbishment goal of rapid reuse.
Flight 13 on July 24 provided the decisive evidence. Ship 40 flew a deliberately more demanding profile with higher dynamic pressure to stress the heat shield beyond typical operational loads. It successfully deployed 20 operational Starlink V3 satellites, the first such payload on a Starship mission, performed an in-space Raptor engine relight, and executed a controlled reentry.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Cameras on six of the satellites and onboard sensors captured extensive imagery and data of the shield throughout the flight. The ship then achieved its softest splashdown to date in the Indian Ocean, remaining intact and floating rather than breaking apart or exploding as on prior missions. This allowed drone inspections and continuous telemetry of the heat shield in near-real time.
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Post-flight analysis showed the majority of tiles remaining attached with only minor damage and limited plasma streaking at seams. Musk noted that the mission delivered “all the heat shield data we needed and then some.” Combined with visual inspections, these results underpinned his subsequent assessment that the core technical barriers to rapid reusability have been cleared. While refinements will continue, Flight 13 marked a pivotal step toward Starship’s operational future.
SpaceX COO Gwynne Shotwell outlined ambitious plans for Starlink Mobile during the company’s August 4 Earnings call, signaling a direct challenge to U.S. wireless giants like AT&T, T-Mobile, and Verizon.
Shotwell noted that the three companies generate roughly $600 billion in combined annual revenue. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” she said. “We will eliminate dead zones leveraging the satellites in orbit. It will be better during any natural disaster… I’m quite excited about Starlink Mobile.”
SpaceX President & COO Gwynne Shotwell on @Starlink Mobile and its impact on Verizon, AT&T and T-Mobile:
“Roughly, between them, $600 billion a year. I anticipate us to be able to acquire quite a few of their customers. Our service will be better. We will eliminate dead zones… pic.twitter.com/UYZUkrGc0L
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
SpaceX intends to combine its satellite constellation with terrestrial infrastructure. The company has acquired about 65 MHz of spectrum from EchoStar and plans to deploy next-generation Starlink Mobile satellites in 2027, with upgraded service targeted for the end of that year.
Shotwell described the enhanced network, leveraging more satellites and spectrum, as potentially “100 times better” than the current direct-to-cell offering, which already supports basic texting and app-based voice/video in coverage gaps through partnerships. She also indicated plans for low-cost cellular base stations that could integrate with existing Starlink dishes, creating a hybrid system for broader capacity in urban, suburban, and rural areas.
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For the general public, Starlink Mobile promises significant advantages. Satellite connectivity can fill gaps where traditional cell towers fail, delivering service in remote locations, mountains, or during outages caused by storms, wildfires, or infrastructure damage—conditions in which ground networks often collapse.
Users could enjoy more consistent coverage without relying solely on dense tower builds, potentially at competitive prices as SpaceX scales. The hybrid approach aims to support full mobile services, including higher-speed data, while working with unmodified smartphones over time.
These developments revive long-standing but unfounded rumors of a Musk-developed “Tesla phone.” Speculative claims of a “Pi Phone” or similar device with built-in Starlink connectivity have circulated for years on social media, often featuring fabricated images and details. Elon Musk has repeatedly denied any such plans, stating Tesla has no intention of entering the smartphone market unless forced by extreme circumstances with app stores.
No official product, filings, or development announcements have ever materialized; the rumors remain hoaxes.
The announcement quickly pressured telecom stocks. Shares of AT&T, Verizon, and T-Mobile fell between roughly 2 and 4 percent in after-hours and premarket trading as investors weighed the competitive threat from a hybrid satellite-terrestrial network.
While execution challenges remain—spectrum deployment, infrastructure rollout, and regulatory hurdles—Shotwell’s remarks mark SpaceX’s clearest signal yet of entering the consumer mobile market as a full competitor.
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Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years.
Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers ultimately “went broke.”
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, in the largest IPO on record, pricing at $135 per share. Shares quickly surged to an all-time high of $225.64 just days later, briefly implying a valuation exceeding $2 trillion. The stock has since retreated sharply amid valuation concerns, lockup expiration fears, and broader market dynamics.
By early August, it traded near $108–$125, representing a roughly 50 percent decline from the peak and bringing the market capitalization closer to the $1.5–1.7 trillion range. On August 4, shares closed up more than 9 percent at $125.33 ahead of earnings before facing pressure in after-hours and premarket trading.
Short interest has climbed dramatically. According to S3 Partners data widely cited in market reports, short positions reached approximately 219.3 million shares by late July, about 34 percent of the limited public float of roughly 640 million shares, and represented a notional value of around $24.6 billion.
Utilization of shares available to borrow hit 95 percent, with borrow fees rising. This level of shorting exceeded the dollar value of short bets against Tesla at the time and built rapidly ahead of two catalysts: the company’s first post-IPO earnings and an August 6 lockup expiration that could free up to 911.5 million additional shares.
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CEO Elon Musk has issued warnings of his own. In mid-July, as short interest approached one-third of the float, he posted that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” reiterating his view that the company could ultimately be worth more than Earth if it achieves its goals.
On August 4, just before earnings, Musk responded to the latest short-interest data by saying, “I try to warn them, but they just double down.”
SpaceX delivered its first quarterly results as a public company after the close on August 4. Second-quarter revenue rose 92 percent year-over-year to $7.8 billion, beating consensus estimates near $6.8–6.9 billion.
The net loss narrowed to $541 million, or 9 cents per share, better than the roughly 23–24 cent loss expected. Starlink/connectivity contributed about $4.3 billion (up 66 percent), while the AI business generated $2.6 billion (up roughly 250 percent). Capital expenditures were heavy at $18.4 billion, largely tied to AI infrastructure. Management projected a $100 billion annualized revenue run rate by year-end 2026 and outlined a path toward $1 trillion in annual revenue by 2030.
The combination of Chamath’s historical reminder, Musk’s repeated alerts, and the company’s ambitious growth targets underscores the high-stakes debate surrounding SPCX. Short sellers are positioned for near-term supply pressure from the lockup, while long-term bulls point to Starlink scale, Starship progress, and AI compute expansion as reasons the bears may ultimately face the same fate as many early Tesla skeptics.
SpaceX has solved Starship’s biggest challenge, Elon Musk says
SpaceX is coming for wireless giants with Starlink Mobile
