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SpaceX Falcon 9 rocket tests engines for first launch and landing of the new decade
SpaceX has successfully fired up a Falcon 9 rocket for the first time in 2020, setting the company up for the first of potentially dozens of Starlink launches over the next 12 months.
On the afternoon of January 4th, SpaceX loaded Falcon 9 with hundreds of tons of liquid oxygen, refined kerosene (RP-1), nitrogen, and helium and ultimately ignited all nine of the booster’s Merlin 1D engines, briefly producing some 7600 kN (1.7 million lbf) of thrust in a routine test known as a wet dress rehearsal (WDR) and static fire. As is tradition, SpaceX confirmed that the test looked successful just a handful of minutes after it was completed and verified that the rocket is now scheduled to launch 60 new Starlink satellites as early as 9:19 pm ET, January 6th (02:19 UTC, Jan 7).
Set to lift off from its LC-40 Cape Canaveral Air Force Station (CCAFS) launch pad, SpaceX’s first launch of the new year and decade hints at what is expected to follow over the course of 2020. In simple terms, the company’s ambitions have never been higher and anywhere from 36 to 38 orbital launches are scheduled between now and 2021 – some 65% of which will likely be internal Starlink missions.
If SpaceX manages to launch even half as many Starlink missions as it says it wants to this year, the company will be heading into 2021 with an operational internet satellite constellation nearly a thousand spacecraft strong – almost enough to ensure uninterrupted global coverage. Already, if SpaceX’s January 6th launch – known as Starlink V1 L2 (the second launch of v1.0 satellites) – goes as planned, the company will almost certainly become the owner of the world’s largest commercial satellite constellation less than eight months after it began launching its unique flat-packed spacecraft.
In a classic SpaceX move, the company’s Starlink satellite bus is a radical departure from all other commercial spacecraft, opting for a table-like rectangular shape that is extremely flat. While the rectangular shape – likely chosen for the extreme ease of manufacturing it should allow – significantly decreases packing efficiency, Starlink’s flat design and unique deployment mechanism means that SpaceX can fit an unprecedented 60 satellites (each weighing more than 250 kg or 550 lb) into a single lightly-modified Falcon 9 payload fairing.
Ultimately, SpaceX also design its Starlink satellites to be dramatically more robust than any comparable commercial spacecraft, meaning that they are meant to tolerate the violent acoustic launch environment without foam sound suppression panels that otherwise take up space inside Falcon 9’s fairing. Additionally, they are meant to survive the odd collision during their bizarre deployment, in which Falcon 9’s upper stage spins itself like a fan and releases the entire 60-satellite stack at once. Further, this means that Starlink satellites can be transported from their Washington state factory to Cape Canaveral, Florida far more easily and cheaply than almost any other spacecraft of a similar size and weight.
Falcon 9’s second fourth flight
It’s a mouthful, but SpaceX’s Starlink-2 mission will technically mark Falcon 9’s second fourth flight, meaning that it will be the second time a single Falcon 9 booster launches (and optimally lands) for the fourth time. Thrice-flown Falcon 9 booster B1049 has been assigned to support the launch.
The fourth completed Falcon 9 Block 5 booster, B1049 debuted on September 10th, 2018 on the Telstar 18V satellite launch, followed by a second flight (Iridium-8) in January 2019 and its third and most recent launch in May 2019. B1049’s most recent mission happened to be the very first dedicated Starlink launch, placing 60 Starlink v0.9 spacecraft in orbit in a sort of massive beta test of SpaceX’s cutting-edge satellite technology and design.
In support of Starlink V1 L1, the first launch of finalized Starlink v1.0 satellites, Falcon 9 booster B1048 became the first SpaceX rocket to successfully launch and land four times in November 2019, safely returning to shore aboard drone ship Of Course I Still Love You (OCISLY) a few days later. With (hopefully) two (and soon three) recovered boosters with four flights each under their belts, SpaceX will have a relative wealth of data it can then use to plot the way forward to fifth flights of boosters and beyond – halfway to the minimum Block 5 design goal of 10 launches apiece.
Teslarati photographer Richard Angle (@RDanglePhoto) will be on-site to capture SpaceX’s first Falcon 9 launch and booster recovery of the 2020s. Stay tuned for more details and photos as the launch nears!
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Elon Musk
Elon Musk calls Earth’s data centers “peanuts” next to what SpaceX is planning in orbit
Elon Musk says SpaceX capex efficiency is underestimated as orbital data centers loom by 2028.
Elon Musk is pushing back on one of the biggest worries hanging over SpaceX stock. In a reply on X on Sunday, Musk said the company’s capital expenditure efficiency is severely underestimated. He was responding to a Milk Road Stocks post citing analyst Kyle Reidhead, who estimates SpaceX will need to spend roughly $470 billion over the next five quarters.
Reidhead built that figure around the target SpaceX set on its third quarter earnings call: 13 gigawatts or more of compute by the end of 2027. In his breakdown, Nvidia captures 83 to 89 percent of the spending. SpaceX ended the quarter with 1.7 GW of nameplate compute and guided to $35 billion to $40 billion in fourth quarter capex, as Teslarati reported.
Musk did not attach a number to his claim, but the earnings call shows the argument. CFO Bret Johnsen said new compute currently pays for itself in under a year at today’s pricing, and Musk said that window could shrink to six months next year. Using that pace, Reidhead argues about $230 billion of the $470 billion could come from operating cash flow and about $60 billion from SpaceX’s roughly $90 billion cash pile, leaving around $180 billion to borrow. Musk confirmed last week that SpaceX had already closed a new $40 billion debt raise to buy GPUs.
The ground buildout is not the end goal. It is what is meant to pay for the move to orbit. Replying on Friday to charts built from Sequoia partner Shaun Maguire’s SpaceX model, Musk wrote that “Terrestrial compute will be peanuts compared to orbital compute,” adding that orbital compute deployed per month “probably exceeds terrestrial around the end of 2028 and then far exceeds it in 2029.”
Maguire’s model shows how steep that path is. It has capex climbing from $88 billion this year to $290 billion in 2027 and $369 billion in 2028, with SpaceX burning $77.8 billion in cash this year and $122.6 billion next year before turning $114.9 billion cash positive in 2028. Musk’s response to the model was, “I think we can do better.”
The orbital half runs through Starmind. SpaceX plans to operate up to 1 million AI satellites flying in clusters of about 10, linked by roughly 10 terabits of bandwidth, with deployment of thousands of units starting as soon as late 2027 out of its Gigasat factory in Bastrop, Texas, according to SpaceX’s space safety page. Musk has said each Starmind spacecraft will carry more than 250 kW of solar power.
Getting there depends on launch volume. Maguire’s model assumes 250 Starship flights in 2028, up from two this year and 38 next year. The nearer test is financial: SpaceX guided to $33 billion to $37 billion in first quarter 2027 revenue, more than double the $14.58 billion it booked in Q3, and Musk reposted that guidance again on Sunday morning.
Elon Musk
SpaceX President to gift Trump Accounts her SpaceX stock
Gwynne Shotwell’s 2 million SpaceX shares are headed to children’s Trump Accounts starting this December.
SpaceX President Gwynne Shotwell said Friday that more than 2 million SpaceX shares belonging to her and her husband, Robert, will be distributed to children’s Trump Accounts in December, turning a pledge she made over the summer into an actual transfer. “Robert and I are thrilled that our gift of over 2 million shares of SpaceX stock will be distributed to children’s Trump accounts in December!” Shotwell wrote on X, adding that the shares are “transferring to escrow as we speak.”
The first round goes to children aged 11 to 17 who live in ZIP codes where the median family income is $57,000 or less, along with kids in ZIP codes with too few residents for the Census to report that figure. Shotwell said those families should receive a notice by Monday, Reuters reported.
A second gift is expected to be finalized in the next few weeks. That round will cover eligible children in military families serving overseas, children in foster care, and more kids in Texas counties near the Shotwells’ home where median family income is $90,000 or less. Elon Musk replied to the announcement with “Cool” and a heart emoji.
Shotwell first announced the donation on July 6, less than a month after SpaceX priced its record IPO at $135 per share on the Nasdaq. IPO filings showed Shotwell owned about 12.6 million SpaceX shares, Quartz reported at the time, which makes the gift roughly one sixth of her stake. At the roughly $146 per share used to value Musk’s own pledge earlier this month, 2 million shares are worth about $290 million.
How the stock would actually reach the accounts had been an open question since July. Treasury guidance acknowledged that stock donations could flow into Trump Accounts, but it did not explain the mechanics for a program whose contributions default into an S&P 500 index fund. Shotwell thanked the Treasury, the IRS, the Dell Foundation, Greater Horizons, Invest America and the law firms Morgan Lewis and Gibson Dunn for “working over the past few months to make this happen.”
The transfer also works as a dry run for a far larger gift. On October 19, Musk said he would give one of his SpaceX shares to every kid in America next year and called it “the first of many.” With roughly 72 million children in the country, that pledge is worth about $10.5 billion. President Donald Trump thanked Musk the same day and said the shares would go through Trump Accounts, though neither SpaceX nor the Treasury has published how or when that distribution will happen.
Shotwell’s recipients also fill a gap in the program itself. Trump Accounts launched on July 4, and the $1,000 Treasury deposit only goes to babies born between 2025 and 2028. Teenagers aged 11 to 17 receive no government seed money, so for many of the families getting a notice on Monday, SpaceX stock will be the first asset in the account. The accounts convert into retirement accounts when the child turns 18.
Tesla Full Self-Driving is now the centerpiece of the company’s newly revised Referral Program, which launched on October 29.
Instead of referring people to purchase vehicles and the referrer receiving $250 in Tesla Credit, the new program now incentivizes Full Self-Driving subscriptions.
If a Tesla owner is on an FSD trial and uses a referral code to subscribe to Full Self-Driving, the person whose Referral Link was used will receive one month of FSD (Supervised). Their code can be utilized 12 times per year, with January 1 marking the reset date.
Realistically, this means that if your Referral Code is used by 12 Tesla owners on an FSD trial, you will receive a full year of FSD for free.
🚨 Here is Tesla’s new Referral Program for Full Self-Driving (Supervised):
When someone subscribes to FSD using your link, you’ll get a month free. Up to a year of FSD is available to you for free!
If you’d like to use my link: https://t.co/g00IX9OCE3 https://t.co/GFBzEO2jjS
— TESLARATI (@Teslarati) October 30, 2026
The previous program made it pretty difficult to get referrals; buying a vehicle is obviously a much larger financial strain than subscribing to Full Self-Driving for a month.
Of course, the previous Referral Program also offered a tangible benefit: $250 in credits you could use on Service, Supercharging, or anything in the Tesla Shop. It truly could pay for someone’s travel for a year. It recently bought me a new backpack and a T-shirt.
However, this new program is much more attainable for those who do not have a massive online presence of a slew of friends in the Tesla community who will use the code and max out subscriptions for vehicle purchases.
Woke up to maxed out Referrals! Thank you guys, that’s awesome!
Share your referral link below so others can use it! https://t.co/kesbwTcoTV
— TESLARATI (@Teslarati) October 30, 2026
The Full Self-Driving suite will now be the keystone of the Referral Program, which makes it more inclusive and more fun for everyone with an awesome benefit.
It also gives the impression that Tesla is truly focused on FSD subscriptions, something that saw a tremendous increase in volume in Q3, as 75 percent of deliveries for the quarter came with an FSD subscription attached.
Full Self-Driving data is so instrumental to the suite’s improvement that this kind of program benefits Tesla as much as it does the consumer.
Elon Musk calls Earth’s data centers “peanuts” next to what SpaceX is planning in orbit
SpaceX President to gift Trump Accounts her SpaceX stock
