News
SpaceX’s flight-proven Falcon 9 snags NASA launch contract, second of 2019
NASA has announced that SpaceX’s Falcon 9 rocket – using a flight-proven booster – will launch the ~300 kg (670 lb) Imaging X-ray Polarimetry Explorer (IXPE) spacecraft no earlier than April 2021.
Intriguingly, IXPE was originally planned to launch on Orbital ATK (now Northrop Grumman’s) Pegasus XL but NASA never followed through with a launch contract. The move to SpaceX’s Falcon 9 rocket is likely related to the extremely disruptive and expensive launch delays NASA’s Ionospheric Connection Explorer (ICON) spacecraft has suffered at the hands of its Pegasus XL rocket. Capable of launching less than 450 kg (1000 lb) to low Earth orbit, Pegasus XL has been lucky to launch annually over the last decade or so and carries a price tag of no less than $50M-$60M today.
To add to this: NASA says SpaceX can use a previously flown booster on this mission.
IXPE is a small satellite, but this launch contract is less than what NASA paid for for the still-pending Pegasus XL launch of ICON ($56.3M in a 2014 contract). Think about that… https://t.co/sJlWVMHC5c— Jeff Foust (@jeff_foust) July 8, 2019
Small rocket, huge delays
Defying its small size, Pegasus XL was originally scheduled to launch ICON in December 2017. Delayed by unspecified problems with launch vehicle hardware, the mission was pushed back an inexplicable 10 months to October 2018, where additional issues with the rocket again indefinitely scrubbed a launch attempt. In early 2019, the launch was tentatively scheduled for Q2 2019, while – as of July – ICON is not expected to launch before September 2019.
All said and done, in the increasingly unlikely event that Pegasus XL is ready for launch this September, the ICON spacecraft – ready for launch since late-2017 – will have been delayed more than 21 months by problems with the rocket.
Again, for the small-scale performance of Pegasus XL, the rocket still carries a price tag of more than $50M – NASA’s ICON launch contract was valued at more than $56M. Conscious of this, SpaceX has managed to sway NASA to launch the small IXPE spacecraft on a flight-proven Falcon 9 at a cost of just $50.3 million, easily the lowest Falcon 9 launch contract cost ever publicized.
In recent months, SpaceX executives have made comments indicating that Falcon 9’s default base price – likely assuming a flight-proven booster – is now as low as $50M. July 8th’s NASA launch contract is the first direct confirmation of that exceptionally affordable pricing, likely also indicating that the base price for Falcon 9 is even lower for commercial customers with less stringent requirements.
Barring an unexpected contract between now and IXPE’s expected April 2021 launch, the mission will probably be the first time that a dedicated flight-proven SpaceX rocket launches a scientific spacecraft for NASA. SpaceX’s next dedicated NASA launch – the ESA-built Sentinel 6A spacecraft – is scheduled to no earlier than November 2020 and is likely to fly on a new Falcon 9 booster.
In April 2019, NASA awarded SpaceX $69M for Falcon 9 to launch the agency’s Double Asteroid Redirect Test (DART) – an asteroid-impactor spacecraft – no earlier than June 2021. IXME is SpaceX’s second NASA launch contract win of 2019.
According to NASA, “IXPE will fly three space telescopes with sensitive detectors capable of measuring the polarization of cosmic X-rays, allowing scientists to answer fundamental questions about these turbulent environments where gravitational, electric and magnetic fields are at their limits.”
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Elon Musk
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla.
The Delaware Supreme Court has overturned a lower court ruling, reinstating Elon Musk’s 2018 compensation package originally valued at $56 billion but now worth approximately $139 billion due to Tesla’s soaring stock price.
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla. Musk quickly celebrated the outcome on X, stating that he felt “vindicated.” He also shared his gratitude to TSLA shareholders.
Delaware Supreme Court makes a decision
In a 49-page ruling Friday, the Delaware Supreme Court reversed Chancellor Kathaleen McCormick’s 2024 decision that voided the 2018 package over alleged board conflicts and inadequate shareholder disclosures. The high court acknowledged varying views on liability but agreed rescission was excessive, stating it “leaves Musk uncompensated for his time and efforts over a period of six years.”
The 2018 plan granted Musk options on about 304 million shares upon hitting aggressive milestones, all of which were achieved ahead of time. Shareholders overwhelmingly approved it initially in 2018 and ratified it once again in 2024 after the Delaware lower court struck it down. The case against Musk’s 2018 pay package was filed by plaintiff Richard Tornetta, who held just nine shares when the compensation plan was approved.
A hard-fought victory
As noted in a Reuters report, Tesla’s win avoids a potential $26 billion earnings hit from replacing the award at current prices. Tesla, now Texas-incorporated, had hedged with interim plans, including a November 2025 shareholder-approved package potentially worth $878 billion tied to Robotaxi and Optimus goals and other extremely aggressive operational milestones.
The saga surrounding Elon Musk’s 2018 pay package ultimately damaged Delaware’s corporate appeal, prompting a number of high-profile firms, such as Dropbox, Roblox, Trade Desk, and Coinbase, to follow Tesla’s exodus out of the state. What added more fuel to the issue was the fact that Tornetta’s legal team, following the lower court’s 2024 decision, demanded a fee request of more than $5.1 billion worth of TSLA stock, which was equal to an hourly rate of over $200,000.
Delaware Supreme Court Elon Musk 2018 Pay Package by Simon Alvarez
News
Tesla Cybercab tests are going on overdrive with production-ready units
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the vehicle being reported across social media this week.
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the autonomous two-seater being reported across social media this week. Based on videos of the vehicle that have been shared online, it appears that Cybercab tests are underway across multiple states.
Recent Cybercab sightings
Reports of Cybercab tests have ramped this week, with a vehicle that looked like a production-ready prototype being spotted at Apple’s Visitor Center in California. The vehicle in this sighting was interesting as it was equipped with a steering wheel. The vehicle also featured some changes to the design of its brake lights.
The Cybercab was also filmed testing at the Fremont factory’s test track, which also seemed to involve a vehicle that looked production-ready. This also seemed to be the case for a Cybercab that was spotted in Austin, Texas, which happened to be undergoing real-world tests. Overall, these sightings suggest that Cybercab testing is fully underway, and the vehicle is really moving towards production.
Production design all but finalized?
Recently, a near-production-ready Cybercab was showcased at Tesla’s Santana Row showroom in San Jose. The vehicle was equipped with frameless windows, dual windshield wipers, powered butterfly door struts, an extended front splitter, an updated lightbar, new wheel covers, and a license plate bracket. Interior updates include redesigned dash/door panels, refined seats with center cupholders, updated carpet, and what appeared to be improved legroom.
There seems to be a pretty good chance that the Cybercab’s design has been all but finalized, at least considering Elon Musk’s comments at the 2025 Annual Shareholder Meeting. During the event, Musk confirmed that the vehicle will enter production around April 2026, and its production targets will be quite ambitious.
News
Tesla gets a win in Sweden as union withdraws potentially “illegal” blockade
As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Swedish union Vision has withdrawn its sympathy blockade against Tesla’s planned service center and showroom in Kalmar. As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Vision’s decision to pull the blockade
Vision announced the blockade in early December, stating that it was targeting the administrative handling of Tesla’s facility permits in Kalmar municipality. The sympathy measure was expected to start Monday, but was formally withdrawn via documents sent to the Mediation Institute and Kalmar Municipality last week.
As noted in a Daggers Arbete report, plans for the strike were ultimately pulled after employer group SKR highlighted potential illegality under the Public Employment Act. Vision stressed its continued backing for the Swedish labor model, though Deputy negotiation manager Oskar Pettersson explained that the Vision union and IF Metall made the decision to cancel the planned strike together.
“We will not continue to challenge the regulations,” Petterson said. “The objection was of a technical nature. We made the assessment together with IF Metall that we were not in a position to challenge the legal assessment of whether we could take this particular action against Tesla. Therefore, we chose to revoke the notice itself.”
The SKR’s warning
Petterson also stated that SKR’s technical objection to the Vision union’s planned anti-Tesla strike framed the protest as an unauthorized act. “It was a legal assessment of the situation. Both for us and for IF Metall, it is important to be clear that we stand for the Swedish model. But we should not continue to challenge the regulations and risk getting judgments that lead nowhere in the application of the regulations,” he said.
Vision ultimately canceled its planned blockade against Tesla on December 9. With Vision’s withdrawal, few obstacles remain for Tesla’s long-planned Kalmar site. A foreign electrical firm completed work this fall, and Tesla’s Careers page currently lists a full-time service manager position based there, signaling an imminent opening.
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
Tesla Cybercab tests are going on overdrive with production-ready units
