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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.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
In a notable shift for electric vehicle perceptions, Tesla has emerged as a standout performer in the latest iSeeCars longevity study, which analyzed over 174 million used vehicles.
The data reveals that Tesla models have a 4.6 percent chance of reaching 250,000 miles, matching the industry average of 4.8 percent and tying for sixth place among 32 brands. This positions Tesla ahead of many established names, including Subaru (2.3 percent, roughly half of Tesla’s rate), Nissan (2.4 percent), Mazda, BMW, Mercedes-Benz, and Porsche.
Toyota leads with an impressive 17.8 percent likelihood, followed by Lexus (12.8 percent), Honda, and Acura. Yet Tesla’s result stands out for a relatively young EV brand. Experts attribute this to the inherent simplicity of electric powertrains: fewer moving parts mean no oil changes, timing belts, or complex engine components that typically fail in internal combustion vehicles.
Fewer things to maintain means fewer things to break, and ultimately, fewer things to go wrong.
A Tesla is twice as likely to reach 250,000 miles as a Subaru⁰⁰“No engine, no oil changes, no timing chains, no fuel injectors, and far fewer moving parts overall”⁰⁰https://t.co/k8iJwbzrrp
— Tesla North America (@tesla_na) June 8, 2026
This design advantage helps Teslas defy unfounded skepticism about battery longevity and overall durability, two things that have plagued the company from outsider perspectives without much proof.
The iSeeCars reliability ratings further bolster Tesla’s case. The Tesla Model S earns a strong 7.9/10 reliability score, ranking No. 1 out of 35 most reliable electric cars. It boasts a predicted average lifespan of about 154,419 miles (around 16.9 years) and a 21.9 percent chance of hitting 200,000 miles.
Tesla, as an electric car brand, also scores 7.9/10 overall, securing the top spot among electric vehicle manufacturers in several luxury and segment categories.
Real-world examples reinforce the data. High-mileage Teslas, including Model S vehicles exceeding one million miles, demonstrate that EVs can endure when properly maintained. Owners report minimal mechanical issues beyond typical wear items like tires and brakes, which regenerative braking often extends.
Tesla Model 3 hits quarter million miles with original battery and motor
This performance challenges narratives around EV reliability, especially amid mixed reports from other sources like Consumer Reports or regional inspections. iSeeCars‘ massive dataset emphasizes long-term durability over short-term defect rates, painting Tesla as a leader in sustainable, high-mileage ownership.
For buyers prioritizing longevity and low maintenance, Tesla’s results signal strong value. While no brand is flawless, factors like driving habits, climate, and software updates matter—the numbers suggest Tesla belongs among the elite for those seeking vehicles built to last.
As EV adoption grows, this iSeeCars data underscores Tesla’s engineering edge in creating enduring, future-proof automobiles.
Tesla Model 3’s cheapest trim just got a major accolade
SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan
