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SpaceX to livestream Falcon Heavy Block 5 launch debut at 6:15pm ET today

SpaceX CEO Elon Musk celebrates the success of Falcon Heavy's 2018 launch debut. (SpaceX/National Geographic)

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SpaceX is half a day away from the planned launch debut of Falcon Heavy Block 5, a milestone that will also be the rocket’s second launch ever and first mission with a commercial payload.

First and foremost, Falcon Heavy’s job is to safely place the Saudi Arabian communications satellite Arabsat 6A into a high-energy geostationary transfer orbit (GTO) more than 35,000 km (~22,000 mi) above Earth’s surface. Despite the satellite weighing no less than 6000 kg (13,200 lb), Falcon Heavy will still have enough latent performance to attempt the recovery of all three of its new Block 5 boosters. With any luck, this will hopefully return SpaceX’s East Coast landing zones (LZ-1 and LZ-2) to successful operations after an anomaly in December 2018 caused Falcon 9 B1051 to landing a mile or so offshore.

This time around, Falcon Heavy will be made entirely out of Block 5 hardware, including three new boosters (likely B1052, B1053, and B1055), a Block 5 upper stage with a Merlin Vacuum engine, and a recovery-optimized “Version 2” payload fairing. Altogether, Falcon Heavy likely weighs upwards of 80,000 kg (175,000 lb) empty and more than 1,420 metric tons (3,125,000 lb) when fully fueled. At liftoff, the Falcon Heavy Block 5 rocket’s 27 Merlin 1D engines are expected to produce no less than 5.1 million pounds (~2300 mT/23,000 kN) of thrust at full throttle, but that figure could rise as high as 5.6 million pounds (2550 mT/25,500 kN) of thrust depending on how one interprets rather vague official numbers from CEO Elon Musk.

Regardless, both Falcon Heavy side boosters will attempt to repeat the iconic side-by-side landings that are now a signature of the rocket’s 2018 launch debut, while the center core – traveling much faster at the point of stage separation – will travel nearly 1000 km (620 mi) downrange for a landing aboard drone ship Of Course I Still Love You (OCISLY). Ranging from multiple sonic booms that will be audible for miles up and down the Florida coast and the potential to a potentially spectacular Florida sunset as a backdrop, Falcon Heavy’s second launch will be an event worth watching.

The first Block 5 version of Falcon Heavy prepares for its launch debut. The rocket is comprised of three first stage boosters, likely B1052, B1053, and B1055. (SpaceX)

Falcon Heavy Flight 2 is made even more exciting by the fact that both of its Block 5 side boosters will be instrumental to a planned third launch of the SpaceX rocket as few as two months later. According to the US Air Force, an agreement was reached with SpaceX to use the opportunity – an intentionally low-risk mission known as Space Test Program 2 (STP-2) – to gain a much higher-fidelity understanding of how SpaceX launches, lands, refurbishes, and relaunches Falcon boosters. Aside from being the last major source of data for the ultimate certification of Falcon Heavy for high-value military launches, the USAF hopes that STP-2 will be a critical step towards opening the doors of launch contract competitions to flight-proven rockets like Falcon 9 and – eventually – Blue Origin’s New Glenn.

SpaceX’s launch webcast will go live approximately 20 minutes before liftoff, with the window stretching from 6:35 pm to 8:31 pm EDT (22:35-00:31 UTC). Weather is expected to be decent and is currently holding around 80% “go” for launch.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Investor's Corner

SpaceX IPO is coming, CEO Elon Musk confirms

However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon. Musk replied, basically confirming it.

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Joel Kowsky, Public domain, via Wikimedia Commons

Elon Musk confirmed through a post on X that a SpaceX initial public offering (IPO) is on the way after hinting at it several times earlier this year.

It also comes one day after Bloomberg reported that SpaceX was aiming for a valuation of $1.5 trillion, adding that it wanted to raise $30 billion.

Musk has been transparent for most of the year that he wanted to try to figure out a way to get Tesla shareholders to invest in SpaceX, giving them access to the stock.

He has also recognized the issues of having a public stock, like litigation exposure, quarterly reporting pressures, and other inconveniences.

However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon.

Musk replied, basically confirming it:

Berger believes the IPO would help support the need for $30 billion or more in capital needed to fund AI integration projects, such as space-based data centers and lunar satellite factories. Musk confirmed recently that SpaceX “will be doing” data centers in orbit.

AI appears to be a “key part” of SpaceX getting to Musk, Berger also wrote. When writing about whether or not Optimus is a viable project and product for the company, he says that none of that matters. Musk thinks it is, and that’s all that matters.

It seems like Musk has certainly mulled something this big for a very long time, and the idea of taking SpaceX public is not just likely; it is necessary for the company to get to Mars.

The details of when SpaceX will finally hit that public status are not known. Many of the reports that came out over the past few days indicate it would happen in 2026, so sooner rather than later.

But there are a lot of things on Musk’s plate early next year, especially with Cybercab production, the potential launch of Unsupervised Full Self-Driving, and the Roadster unveiling, all planned for Q1.

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SpaceX reportedly mulling IPO, eyeing largest of all time: report

“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.

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Credit: SpaceX

SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.

It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.

SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.

However, he said just a few days ago that stories of this nature are inaccurate:

“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors. Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market. And one other thing that is arguably most significant by far.”

Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.

Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:

“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”

Additionally, he added:

“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”

Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.

Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.

This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”

Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA

The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.

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SpaceX reaches incredible milestone with Starlink program

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Credit: SpaceX

SpaceX reached an incredible milestone with its Starlink program with a launch last night, as the 3,000th satellite of the year was launched into low Earth orbit.

On Monday, SpaceX also achieved its 32nd flight with a single Falcon 9 rocket from NASA’s Kennedy Space Center.

The mission was Starlink 6-92, and it utilized the Falcon 9 B1067 for the 32nd time this year, the most-used Falcon booster. The flight delivered SpaceX’s 3000th Starlink satellite of the year, a massive achievement.

There were 29 Starlink satellites launched and deployed into LEO during this particular mission:

SpaceX has a current goal of certifying its Falcon boosters for 40 missions apiece, according to Spaceflight Now.

The flight was the 350th orbital launch from the nearby SLC-40, and the 3,000 satellites that have been successfully launched this year continue to contribute to the company’s goal of having 12,000 satellites contributing to global internet coverage.

There are over five million users of Starlink, the latest data shows.

Following the launch and stage separation, the Falcon 9 booster completed its mission with a perfect landing on the ‘Just Read the Instructions’ droneship.

The mission was the 575th overall Falcon 9 launch, highlighting SpaceX’s operational tempo, which continues to be accelerated. The company averages two missions per week, and underscores CEO Elon Musk’s vision of a multi-planetary future, where reliable connectivity is crucial for remote work, education, and emergency response.

As Starlink expands and works toward that elusive and crucial 12,000 satellite goal, missions like 6-92 pave the way for innovations in telecommunications and enable more internet access to people across the globe.

With regulatory approvals in over 100 countries and millions of current subscribers, SpaceX continues to democratize space, proving that reusability is not just feasible, but it’s also revolutionary.

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