News
SpaceX set to launch 40 satellites for Starlink rival OneWeb
While SpaceX’s near-term manifest continues to be impacted by an abrupt uptick in unexplained delays, the company appears to be on track to launch the first of at least two batches of satellites for internet provider OneWeb later this week.
SpaceX and OneWeb’s first launch has already missed its original target of November 2022 and its first announced date, December 6th, and OneWeb has now confirmed another 48-hour delay. Barring surprises, SpaceX will launch a batch of 40 OneWeb internet satellites no earlier than (NET) 5:27 pm EST (22:27 UTC) on Thursday, December 8th.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
The unlikely partnership between SpaceX and OneWeb, both in the middle of building and deploying large constellations of internet satellites in low earth orbit (LEO), was far from the latter company’s first choice. In fact, as previously discussed on Teslarati, the only reason OneWeb agreed to launch a small subset of its first-generation satellites on SpaceX rockets was a series of egregious actions from Russia that made the pair’s exclusive arrangement too toxic to continue. In June 2015, just 16 months after Russia illegally invaded Ukraine’s Crimea and Donbas regions, OneWeb chose to tie itself at the hip to the unstable aggressor with a firm $1-1.5 billion contract that committed the entirety of its first satellite constellation to 21 Russian Soyuz rockets.
Technically, OneWeb’s contract was through France’s Arianespace, which held an agreement with the Russian aerospace industry allowing it to purchase and launch Soyuz rockets from a European pad based in French Guiana, South America. But caught up in the same web of European naivety that led several major European nations to double down on their dependence on Russian natural gas after the country’s first destabilizing quasi-invasion of Ukraine, OneWeb and Arianespace still signed a contract that tied both to the assumption that Russian rockets would remain easy to purchase and export for the indefinite future.

OneWeb and Arianespace nearly escaped consequences. But in February 2022, Russia doubled down on eight years of small-scale war and Ukrainian occupation with a full-scale, gloves-off invasion with explicit genocidal intent. Europe eventually responded in part with economic sanctions that Russia did not take kindly to. In response, Russia took a batch of 36 OneWeb satellites hostage, stole the Soyuz rocket OneWeb had already paid for, and killed any possibility of completing the six or seven Soyuz launches left under its Arianespace contract. In September 2022, OneWeb announced that it had written off a loss of $229 million as a result of those stolen satellites and rockets.
All it took for OneWeb to sign launch contracts with SpaceX was the first full-scale ground invasion of a sovereign European nation in decades. Simultaneously, in the aftermath of Russia’s full-scale invasion of Ukraine, the European Space Agency and French satcom provider Eutelsat have both signed last-second contracts that transferred several satellite launches from Arianespace to SpaceX.
Falcon 9’s first OneWeb mission will launch a record 40 of the Starlink competitor’s 150-kilogram (~330 lb) satellites to low Earth orbit (LEO), where the satellites will use their own propulsion to climb to operational orbits around 1200 kilometers (~750 mi). The mission – OneWeb’s 15th launch since February 2019 – won’t be the first since Russia’s second invasion of Ukraine, a privilege that fell to the second operational launch of India’s GSLV Mk-III (LVM3) rocket.
A OneWeb executive says that SpaceX will also launch its 16th mission as early as January 2023, leaving its first-generation constellation with 540 of 648 planned satellites in orbit. OneWeb has one more 36-satellite LVM3 launch on contract, indicating that it will likely need two more Falcon 9 launches to complete its constellation.
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk
Elon Musk responds to Volvo’s latest LiDAR decision
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

