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SpaceX Falcon 9 rocket completes 50th orbital launch of 2022
SpaceX has successfully launched French satellite communications provider Eutelsat’s Hotbird 13G satellite, chipping away at a jam-packed November manifest and completing Falcon 9’s 50th launch of 2022.
The company’s workhorse rocket lifted off from its Cape Canaveral Space Force Station (CCSFS) LC-40 pad with the 4.5-ton (~9,900 lb) geostationary communications satellite in tow at 1:22 am EDT on November 3rd – 116 minutes later than originally planned to leave more time “to complete pre-flight checkouts.” But Falcon 9 performed flawlessly, growing a record-breaking streak with its 160th consecutively-successful launch.
Flying for the seventh time since it debuted in June 2021 and just 45 days after its sixth flight, Falcon 9 booster B1067 completed a nominal ascent, separation, descent, reentry, and landing. The booster touched down on SpaceX drone ship Just Read The Instructions (JRTI) about nine minutes after liftoff and will be prepared for an eighth launch in the near future – possibly as early as next month. In addition to its well-known booster reuse, SpaceX’s webcast host noted that Falcon 9’s payload fairing – a carbon fiber composite nosecone made up of two separable halves – had halves flying for the fourth and sixth time.
Speaking in 2017, SpaceX CEO Elon Musk once likened each Falcon fairing half to a pallet of $3 million that falls into the ocean after every launch. Around the same time, SpaceX decided to try to recover that pallet of cash, kicking off its fairing recovery and reuse program. Five years later, Falcon fairing reuse – while far less visible and famous than booster reuse – has become extremely reliable. At its current rate of one launch every six days, recovering and reusing fairings likely saves SpaceX tens or even hundreds of millions of dollars annually and limits the need for major manufacturing expansions that would otherwise be necessary.
Even though SpaceX fishes fairing halves out of the ocean before every flight, the company’s cleaning and refurbishment processes have improved to the point that even paying customers have started to accept flight-proven fairings on their launches. Eutelsat’s Hotbird 13G satellite is the first customer payload to use a Falcon fairing half for the sixth time, further raising the bar of acceptance.
About half an hour after liftoff, Falcon 9’s expendable upper stage separated from Hotbird 13G. On October 15th, a different Falcon 9 rocket launched its twin, Hotbird 13F, into a supersynchronous transfer orbit measuring around 400 kilometers (~245 mi) by 56,000 kilometers (~34,800 mi). Launching a satellite to a transfer orbit with an apogee higher than its destination makes reaching a circular orbit at that target altitude (35,800 km, in this case) faster and easier. Having to do less work to raise its orbit will leave Hotbird 13F and 13G with more fuel than they would otherwise have, effectively extending their theoretical lifespans by preserving more propellant for orbit maintenance after it reaches GEO.
Hotbird 13G was SpaceX’s 51st launch of 2022 and 59th launch in 365 days. If SpaceX sustains the average pace it has set in the last ten months through the last two months of 2022, it could end the year having launched more than 60 times. The mission was also Falcon 9’s 50th launch of 2022, solidifying its spot as the most-launched rocket in a calendar year. The record for the most successful launches (61) of the same rocket family in one year, however, was set by the Soviet Union and has stood for more than four decades.
SpaceX has at least five more Falcon 9 launches tentatively scheduled this month. Intelsat Galaxy 31 & 32 satellites are up next and could launch from the same pad as Hotbird 13G as early as November 8th, followed by Eutelsat 10B in mid-November, and Japanese startup ispace’s first Moon lander no earlier than November 22nd. An uncrewed Dragon spacecraft is set to launch NASA cargo to the the International Space Station (ISS) on November 20th. Finally, while tentative and contingent upon three other launches going smoothly, SpaceX could squeeze in Starlink 4-37 in late November.
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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.”
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.
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.
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.
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
