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.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
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High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
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Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
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However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
