News
SpaceX announces Falcon 9 SmallSat Rideshare program with launches to start in 2020
Elon Musk’s private space venture, SpaceX, has announced that it is expanding its launch services to directly address the growing needs of small satellite operators. The company plans to accomplish this by introducing a SmallSat Rideshare program, which involves regularly scheduled, dedicated Falcon 9 missions whose prices could go as low as $2.25 million per customer for payloads up to 150 kg.
A look at SpaceX’s SmallSat Rideshare webpage notes that the missions will be to Sun Synchronous Orbit (SSO) for ESPA class payloads. What is quite unique about SpaceX’s newly-announced program is that unlike traditional rideshare models, these missions won’t be dependent on a Falcon 9’s primary payload. Instead, these SmallSat Rideshare missions will be pre-scheduled, allowing the missions to avoid delays with co-passengers.
SpaceX notes that payloads which run into development or production challenges leading up to their scheduled launch will be allowed to apply 100% of their payment towards the cost of rebooking. While rebooking fees will apply in this scenario, the system does provide SmallSat makers a way to avoid wasting their payments due to unforeseen or unfortunate delays.
Purchased 12 days or more before launch, the dedicated Falcon 9 SmallSat Rideshare missions will start at $2.25 million for payloads up to 150 kg on 15″ ESPA ports. Payloads up to 300 kilograms on 24″ ESPA ports start at $4.5 million. Each additional kg above the included mass will be charged $15,000. Purchased 12 to 6 days before launch, prices start at $3 million for payloads up to 150 kilograms on 15″ ESPA ports, while payloads on 24″ ESPA ports up to 300 kg will be charged $6 million. Payloads above the included mass would cost $20,000 per kg.
Three missions for the Falcon 9 SmallSat Rideshare program have so far been posted by SpaceX. Each of the missions will launch from the Space Launch Complex 4E at the Vandenberg Air Force Base in California, the first of which is estimated to launch between November 2020 and March 2021. The launch periods for the next two SmallSat Rideshare missions have not been posted by the private space firm, though it has noted that the second mission will launch at Q1 2022 and the third will be at Q1 2023.
SpaceX’s SmallSat Rideshare program is the private space company’s lowest-cost program yet. This allows SpaceX to dip its toes into a market that has so far been addressed by companies such as Rocket Lab, whose expendable Electron rocket enables payloads of up to 150 kg to be sent to SSO for $5 million. With SpaceX’s prices for its recently-announced program, the cost per kg for a full Rocket Lab Electron would be twice as expensive.
Falcon 9 is SpaceX’s workhorse rocket and is the first commercial orbital-class rocket with a reusable booster. The rocket’s current iteration, dubbed Block 5, is designed for significant reuse, and SpaceX has designed Block 5 boosters to fly up to ten times with only minor repairs and inspections between flights.
Investor's Corner
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Elon Musk
Tesla is about to make parking in busy lots less stressful than ever
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
News
Tesla starts preparing for Optimus in its smartphone app
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
