News
SpaceX Falcon Heavy to launch NASA ocean moon explorer, saving the US billions
In a move that’s likely to save the US taxpayer several billion dollars over the next few years, NASA has carefully extricated a mission to one of Jupiter’s ocean moons from the claws of its own Space Launch System (SLS) rocket.
Known as Europa Clipper, the six metric ton (~13,300 lb) spacecraft will instead launch on a SpaceX Falcon Heavy rocket for less than $180M. Had Falcon Heavy not been ready or NASA shied away from the challenge of switching launch vehicles, sending the ~$4.25 billion orbiter to Jupiter could have easily added more than $3 billion to the mission’s total cost. Instead, Europa Clipper will be able to launch one or two years earlier than SLS would have been ready and at a cost that’s practically a rounding error relative to the alternative.
Measuring approximately 3100 km (~1940 mi) in diameter, Europa is approximately 10% smaller and 30% less massive than Earth’s Moon. Both are similar balls of rock with solid metallic cores. However, based on observations taken over decades by spacecraft and Earth-based telescopes, odds are good that Europa also has a vast liquid water ocean insulated by 10-30 km (6-20 mi) of ice so cold that it’s as hard as granite.
Scientists estimate that Europa’s saltwater ocean is dozens to 100+ km (~62 mi) deep, covers the moon’s entire surface, and holds more water than all of Earth’s oceans combined. Signs of a liquid ocean under Europa’s crust (and the crust of numerous other outer solar system moons, as it would turn out) were especially surprising because of the implication that those moons possessed vast heat sources. In the case of Europa, it’s believed that Jupiter’s immense gravitational pull and the moon’s close orbit are balanced in such a way that Europa is heated as those tidal forces violently stretch and squeeze its interior.
In an orbit 30% lower than Europa, tidal heating is so aggressive that the moon Io is littered with titanic volcanoes and lava lakes more than 200 km (~120 mi) across – so large that waves have been spotted on its surface with Earth-based telescopes. In short, because Europa appears to be in the right place to have enough – but not too much – tidal heating, it’s believed to be one of the best potential harbors of extraterrestrial life and Europa Clipper’s primary purpose is to pursue that potential astrobiological treasure trove.
Europa Clipper’s history is a truly bizarre one. Championed almost singlehandedly by fundamentalist Christian and former Republican Representative John Culberson, it’s almost certain that the mission would have never come together and never secured enough funding to proceed. Culberson’s singular goal: determine if humanity is (or is not) alone in the universe. If life can independently evolve twice in the same average solar system, the logic goes, it would practically guarantee that life will be omnipresent anywhere we look.
Culberson’s original vision was an orbiter (Clipper) that would effectively scout Europa for a lander that would follow just a few years later. Incredibly, he appears to have all but guaranteed that Europa Clipper will launch. However, he lost a reelection bid in 2018, casting the lander component into limbo before proper funding or commitments could be ascertained. It now seems likely that the future of Europa Lander will depend almost entirely on what Clipper does (or doesn’t) find.
Europa Clipper is now scheduled to launch on an expendable Falcon Heavy rocket no earlier than a two-week window set to open in October 2024. As part of the politicking to secure the billions of dollars needed to fund the mission, Culberson originally shackled Europa Clipper to NASA’s SLS rocket – now half a decade behind schedule and set to cost more than $23 billion before its first launch. However, it appears that SLS is so mismanaged and uncharacterized that even its infamously zealous, pork-motivated Congressional cheerleaders weren’t willing to put up a public fight to retain the SLS rocket’s only confirmed non-human payload.
Ultimately, on launch alone, Falcon Heavy’s Europa Clipper launch will likely save taxpayers more than $2 billion – the likely minimum cost of a single SLS Cargo launch. Due to issues with the rocket, Ars Technica also reports that Europa Clipper and SLS would have required at least $1 billion in modifications and upgrades to safely fly, meaning that choosing SpaceX will likely end up saving NASA more than $3 billion – equivalent to almost three-quarters of the entire Europa Clipper mission’s price tag.
Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”
SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.
It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.
Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.
Just a little bit later, Musk said children across the U.S. would be getting a share from him:
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
— Elon Musk (@elonmusk) October 19, 2026
There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
Elon Musk will give ‘every kid in America’ a SpaceX share in 2027
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reveals how its 1 Million AI satellite network will work and prevent space collisions
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
