SpaceX
SpaceX to launch replacement satellite two years after fateful Falcon 9 failure
On September 1st, 2016, SpaceX’s Falcon 9 rocket suffered a catastrophic anomaly during a static fire test, causing an explosion that completely destroyed the vehicle, the launch pad, and Spacecom’s $200M Amos-6 satellite. This ultimately triggered a months-long investigation into what CEO Elon Musk described as “the most difficult and complex failure [SpaceX has] had in 14 years.”
More than two years and 41 successful consecutive launches later, SpaceX and Israeli satellite operator Spacecom are reportedly aiming to launch Amos-6’s replacement – Amos-17 – as early as the end of May, around three months from now.
Business in Brief: Spacecom says it will launch Amos 17 satellite within four months https://t.co/nkIFd7DzHJ
— Haaretz.com (@haaretzcom) February 25, 2019
Nearly two and a half years distant, the reverberations of SpaceX’s Amos-6 Falcon 9 failure continue to reverberate loudly. Aside from demanding changes to the operational procedures used to launch Falcon 9 and forcing an extensive critical analysis of design, production, and qualification methods, SpaceX has spent countless resources pursuing an extensive redesign of the component pointed at as the primary source of the explosion that destroyed Falcon 9. Known as composite overwrapped pressure vessels (COPVs), SpaceX uses the bottles to store extremely high-pressure helium (5000+ psi, 340+ bar) to pressurize Falcon 9’s RP-1 and oxygen tanks, as well as nitrogen to power its cold-gas maneuvering thrusters.
According to a failure analysis performed by SpaceX with NASA, the USAF, the NTSB, and the FAA, it was concluded that the cause could be traced back to a complex series of events centered around those helium COPVs. Meant to be the first mission to utilize subcooled propellant and oxidizer, the extreme cold in the upper stage LOx tank caused solid oxygen to form on the outside of the COPVs located inside it. While complex, the gist was that liquid (and perhaps solid) oxygen could have formed around the outside of the COPV, potentially finding its way in between the carbon fiber wrappings, creating a buckle in the fibers, and ultimately causing fibers to break. Near the end of this process, those breaking fibers could have created a spark or breached the helium tank, instantaneously overpressurizing the upper stage and causing an explosion.
NASA’s Aerospace Safety Advisory Panel (ASAP) and NASA itself have aired concerns about those COPVs since 2016, triggering an extraordinarily comprehensive program of testing, characterization, and redesign of the COPVs SpaceX uses. They have now successfully flown on 3-4 Falcon 9 launches under the same expedited propellant loading conditions that an identical rocket will undergo in preparation for Crew Dragon launches. CEO Elon Musk spent several minutes discussing the redesigned COPVs in a May 2018 press conference and did not mince words when he described them as “by far the most advanced pressure vessel[s] ever developed by humanity.”
“The amount of testing and research that’s gone into COPV safety is gigantic. This is by far the most advanced pressure vessel ever developed by humanity. It’s nuts. And I’ve personally gone over the test design, I’ve lost count how many times. But the top engineering minds at SpaceX have agonized over this. We’ve tested the living daylights out of it. We’ve been in deep, deep discussions with NASA about this. And I think we’re in a good situation.” – SpaceX CEO Elon Musk, May 2018
NASA and ASAP concerns have since been alleviated, culminating on February 22nd with an official announcement that NASA was ready for SpaceX to conduct the first uncrewed launch of its Crew Dragon spacecraft on March 2nd. It’s thus almost poetic that customer Spacecom chose the same week to announce a target date for the Falcon 9 launch of a satellite built to replace the destroyed Amos-6, known as Amos-17. Soon after the Amos-6 disaster, Spacecom settled on a free SpaceX launch contract for a future satellite instead of an immediate $50M payout. Procured for around $160M, SpaceX is reportedly targeting the launch of the Boeing-built satellite during the week of May 27th, likely from Launch Complex 40 (LC-40) – the same pad that suffered extensive damage during the September 2016 anomaly.
- Spacecom’s Boeing-built Amos-17 satellite. (Boeing)
- Falcon 9 shows off some of its COPVs in a tour of SpaceX’s Hawthorne factory. (SpaceX)
- An impressive view of Crew Dragon (DM-1), Falcon 9 B1051, and its upper stage. (SpaceX)
Since Amos-6, SpaceX’s record of reliability has been effectively spotless and now stands at an impressive 41 consecutive successful launches, including Falcon Heavy’s February 2018 debut. Aside from the sheer volume of launches SpaceX performed in a little over two years, the company has pushed full speed ahead towards its goal of routinely reusing Falcon 9 boosters. Less than 24 months after the first commercial reuse, SpaceX has landed Falcon 9 boosters 34 times and reused them 20 times, numbers that are only likely to grow in 2019.
Set to occur shortly after the planned launch debuts of Crew Dragon and Falcon Heavy (commercially), SpaceX will hopefully be able to place Amos-17 in a healthy orbit and thus effectively retire the Amos-6 saga before the second half of 2019.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes!
Elon Musk
TIME honors SpaceX’s Gwynne Shotwell: From employee No. 7 to world’s most valuable company
Time Magazine honors Gwynne Shotwell as SpaceX reaches a $1.25 trillion valuation and eyes its IPO.
TIME Magazine has put SpaceX President and COO Gwynne Shotwell on its cover, and the timing could not be more fitting. Published today, the profile of Shotwell arrives at a moment when the company she has quietly run for more than two decades stands at the center of the most consequential developments in aerospace, artificial intelligence, and the future of human civilization.
Shotwell joined SpaceX in 2002 as its seventh employee and has never stopped expanding her role. She oversees day-to-day operations across multiple executive teams spanning Falcon, Starlink, Starship, and now xAI following SpaceX’s February 2026 merger with Elon Musk’s artificial intelligence company, a deal that made SpaceX the world’s most valuable private company at a reported valuation of $1.25 trillion. A highly anticipated IPO is expected in the second quarter of 2026.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Her track record is historic. She oversaw the first landing of an orbital rocket’s first stage, the first reuse and re-landing of an orbital booster, and the first private crewed launch to Earth orbit in May 2020. She built the Falcon launch manifest from nothing to more than 170 contracted missions representing over $20 billion in business. Under her operational leadership, SpaceX completed 96 successful missions in 2023 alone and has now flown more than 20 crewed Falcon 9 missions. Starlink, which she championed as a financial pillar of the company long before it was a mainstream topic, now connects tens of millions of users worldwide and provided a critical communications lifeline to Ukraine following the 2022 invasion.
Elon Musk has never been shy about what Shotwell means to him and to SpaceX. When she shared her vision for worldwide internet connectivity through Starlink, Musk responded on X with a simple statement, “Gwynne is awesome.” It is a sentiment that has been echoed across the industry. NASA Administrator Bill Nelson once said of Musk: “One of the most important decisions he made, as a matter of fact, is he picked a president named Gwynne Shotwell. She runs SpaceX. She is excellent.”
Gwynne is awesome https://t.co/tiXtMWJmPE
— Elon Musk (@elonmusk) September 28, 2024
Now, with Starship targeting its first crewed lunar landing under the Artemis program by 2028, an xAI integration underway, and a pending IPO that could reshape capital markets, Shotwell’s mandate has never been larger. She told Time that 18 Starships are already in various stages of construction at Starbase. “By 2028,” she said, gesturing across the factory floor, “these should be long gone. They better have flown by then.” If Shotwell’s history at SpaceX is any guide, they will.
Elon Musk
SpaceX’s IPO might arrive sooner than you think
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
Elon Musk’s SpaceX is on the verge of one of the most anticipated Initial Public Offerings (IPO) in history.
However, a new report from The Information indicates the rocket and satellite giant is aiming to file its IPO prospectus with U.S. regulators as soon as this week, or early next week at the latest.
People familiar with the plans told The Information that advisers involved in the process expect the IPO could raise more than 75 billion dollars, potentially making it the largest stock market debut ever and eclipsing Saudi Aramco’s 29.4 billion dollar offering in 2019.
The filing would mark the formal start of what has long been rumored: SpaceX’s transition from a closely held private powerhouse to a publicly traded company.
The timing aligns with earlier signals.
In late February, Bloomberg reported that SpaceX was targeting a confidential IPO filing in March and a possible public listing in June, with a valuation north of 1.75 trillion dollars. At the time, the company’s private valuation hovered around 1.25 trillion dollars.
SpaceX considering confidential IPO filing this March: report
Starlink, SpaceX’s satellite internet constellation, has been the primary driver of that surge, now serving millions of customers worldwide and generating steady revenue. Recent Starship test flights and a record pace of Falcon launches have further bolstered investor confidence.
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
A June listing would give SpaceX immediate access to public capital markets at a moment when demand for space-related stocks remains high. It would also allow early employees and long-time investors to cash out portions of their stakes while giving everyday shareholders a chance to own a piece of the company behind reusable rockets, global broadband, and NASA contracts.
Of course, nothing is certain until the SEC filing appears. Market conditions, regulatory reviews, and Musk’s own schedule could still shift timelines.
Yet the latest word from The Information suggests the window has opened. If the filing lands this week, SpaceX’s roadshow could begin in earnest within weeks, setting the stage for what many analysts already call the IPO of the decade.
Elon Musk
Elon Musk’s TERAFAB project: Everything you need to know
The CEO has hinted heavily for several quarters that it would probably need to produce its own computing power to stay up to speed on the demand it is facing for its projects. It is now taking matters into its own hands.
On Sunday, Elon Musk formally made TERAFAB official—a groundbreaking $20-25 billion joint venture uniting Tesla, SpaceX, and xAI, three of the world’s richest man’s most significant and powerful ventures.
Musk described the project as “the most epic chip building exercise in history by far.”
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
The initiative aims to produce over one terawatt of AI compute annually, dwarfing the global industry’s current output of roughly 20 gigawatts per year. Musk framed the effort as “the next step towards becoming a galactic civilization,” positioning it as essential for scaling humanity into a multi-planetary species.
The Need for TERAFAB
Existing chip suppliers such as TSMC, Samsung, and Micron cannot expand quickly enough to meet the explosive demand for AI hardware.
We’re building TERAFAB to close the gap between today’s chip production & the future’s demand – a future among the stars.
Join us → https://t.co/512DIlqNgY pic.twitter.com/ATr0e0pRDJ
— SpaceX (@SpaceX) March 22, 2026
Musk explained the situation clearly:
“We’re very grateful to our existing supply chain… but there’s a maximum rate at which they’re comfortable expanding. We either build the Terafab or we don’t have the chips, and we need the chips, so we build the Terafab.”
The CEO has hinted heavily for several quarters that it would probably need to produce its own computing power to stay up to speed on the demand it is facing for its projects. It is now taking matters into its own hands.
Chip Types and Production Goals
The facility will manufacture two specialized chip families, according to the presentation:
- Edge-inference AI5 and AI6 processors optimized for Tesla’s Optimus humanoid robots and Full Self-Driving systems in vehicles and Robotaxis
- High-power D3 chips hardened for space environments
Musk outlined annual output targets, which are between 100 and 200 gigawatts of terrestrial compute for robotics, supporting Musk’s vision of producing 1-10 billion Optimus units per year, and the majority (80%) of chips dedicated to orbital AI data centers. Overall, TERAFAB aims to produce 100-200 billion custom AI and memory chips each year.
Scale and Strategy
The size of the TERAFAB project will be remarkable, as Musk indicated after the presentation that the entire Gigafactory Texas campus would not be large enough to fit the needs of the project. In fact, Musk said it would be around 100 million square feet in size, the equivalent of 15 Pentagons or three Central Parks.
Yes, the one in New York City.
Construction will begin with an “advanced technology fab” on the Giga Texas campus in Austin, enabling rapid iteration: design a chip, fabricate lithography masks, produce and test wafers, all within days.
However, the full-scale TERAFAB requires thousands of acres and over 10 gigawatts of power, far exceeding what Giga Texas can accommodate. Musk stated:
“We couldn’t possibly fit the Terafab on the GigaTexas campus. It will be far bigger than everything else combined there.”
Multiple large sites are currently under consideration, but this will need a sprawling land mass to get started.
The sheer scale of TERAFAB is going to be insane.
Elon said it wouldn’t be suitable for anywhere on Giga Texas property because it’s too big:
“We couldn’t possibly fit the Terafab on the GigaTexas campus. It will be far bigger than everything else combined there.
Several… pic.twitter.com/79GbhNNuf4
— TESLARATI (@Teslarati) March 23, 2026
Key Applications
TERAFAB will be a crucial part of the development of some of Tesla’s most valuable projects, including Optimus and data center development, especially from an orbital standpoint. For that reason, we will break this down into Terrestrial and Orbital applications:
- Terrestrial: Powers autonomous vehicle fleets and billions of Optimus robots performing physical labor
- Orbital: Starship will launch massive AI satellite constellations, starting with 100-kilowatt “Mini” units, and scaling to larger Megawatt models, creating the world’s largest data center in low-Earth orbit.
Space-based advantages include five times greater solar irradiance, efficient vacuum heat rejection, and freedom from terrestrial grid constraints (U.S. electricity generation totals just 0.5 terawatts). Musk emphasized the principle:
“Quantity has a quality all its own.”
We wrote about SpaceX’s recent filing with the FCC for 1 million orbital data center plans.
Strategic Vision
TERAFAB represents vertical integration at an unprecedented scale, combining AI hardware, robotics, and orbital infrastructure.
Musk described the project as “the final missing piece of the puzzle.” With production ramping toward 2027, TERAFAB is set to accelerate an era of abundance, transforming science fiction into reality and positioning Musk’s companies at the forefront of galactic-scale innovation.


