NASA says that its mission to the asteroid 16 Psyche will no longer be able to launch in 2022 after engineers were unable to verify the readiness of the spacecraft’s software.
What could amount to being a few weeks or months behind schedule will have major ramifications for the mission, extending its cruise phase – the time between launch and arrival at Psyche – by years. On top of significantly increasing Psyche’s overall cost, the delay means that yet another payload meant to launch on SpaceX’s Falcon Heavy rocket in 2022 (or earlier will) has slipped to 2023.
For years before its debut, Falcon Heavy itself was indefinitely delayed as SpaceX priorities and technology constantly shifted around it. Even after the first version of Falcon Heavy finally debuted in February 2018, SpaceX chose to immediately upgrade the rocket to use the latest Falcon Block 5 variant, which again experienced months of delays.
A bit less than a year behind schedule, the first upgraded Falcon Heavy successfully completed the rocket’s first commercial mission – Arabsat 6A – in April 2019. The second Falcon Heavy Block 5 followed suit in June 2019 with a rideshare mission that doubled as a complex test flight that ultimately allowed the US military to certify the rocket to launch its most valuable satellites. The rocket has not launched once since. As previously discussed on Teslarati, virtually every spacecraft manifested on Falcon Heavy since the rocket’s first three launches has experienced major delays.
“For unknown reasons, virtually every near-term Falcon Heavy payload has slipped significantly from its original launch target. Within the last few weeks, USSF-44 – meant to launch as early as June 2022 after years of delays – was “delayed indefinitely.” Delayed from Q3 2020, USSF-52 is now scheduled to launch in October 2022. ViaSat-3, once meant to launch on Falcon Heavy in 2020, is now NET September 2022. Jupiter-3, a record-breaking communications satellite that wasn’t actually confirmed to be a Falcon Heavy launch contract until a few weeks ago, recently slipped from 2021 and 2022 to early 2023.”
Teslarati.com – May 26th, 2022
Just a month later, USSF-44 is now NET December 2022, USSF-52 has reportedly slipped to April 2023, and Psyche has slid to July 2023. At least for now, ViaSat-3, USSF-67, and USSF-44 are still targeting 2022 launches, but it will take a minor miracle and the abrupt end of patterns of delays for even one of those missions to avoid slipping into 2023 over the next 3-6 months.
As a result, SpaceX continues to accumulate an increasingly absurd fleet of unflown Falcon Heavy boosters that were manufactured and tested for launch targets that are now years behind schedule. The company is now storing nine different Falcon Heavy side and center cores, one of which supported Falcon Heavy Block 5’s first two 2019 launches and the other eight of which are qualified for flight but have never flown. The grounded fleet may soon grow to 10 boosters, compared to the 11 or fewer active Falcon 9 boosters SpaceX will likely end the year with.
Due to the nature of interplanetary launch windows and destinations, Psyche will be a particularly painful delay for NASA. The August to October 2022 window NASA was recently targeting would have allowed the 2.6 ton (~5700 lb) spacecraft to enter orbit around 16 Psyche in early 2026. According to NASA, the best possible backup launch window in 2023 will now delay orbital insertion to 2029 or even 2030, effectively doubling the Psyche spacecraft’s cruise time. According to a 2022 decadal survey, the cruise phases of missions of a similar class have cost at least $30 million per year, meaning that Psyche’s 2022 to 2023 launch delay could easily cost NASA an extra $100 million.
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.
Elon Musk revealed in a post on X that “Permits were impossible to get,” explaining the fate of The Boring Company’s most ambitious East Coast proposal.
The comment responded to a query about what became of his July 20, 2017 announcement that he had “just received verbal govt approval” for an underground Hyperloop connecting New York City, Philadelphia, Baltimore, and Washington, D.C., capable of carrying passengers from the Big Apple to the Nation’s Capital in just 29 minutes.
The Boring Company receives verbal ‘approval’ to build NY to DC Hyperloop tunnel
The 2017 post, which envisioned city-center stations and multiple elevators in each city, sparked immediate scrutiny. Local and state officials in New York, Philadelphia, Baltimore, and D.C. said they had no knowledge of any approval. A White House spokesperson confirmed only “promising conversations” about the transformative infrastructure.
Musk clarified shortly after that there was “still a lot of work” to do for formal approvals.
@cybrtrkguy Permits were impossible to get
— Elon Musk (@elonmusk) October 19, 2026
Limited progress followed, as Maryland Governor Larry Hogan’s administration issued a conditional utility permit and supported work near Fort Meade. In 2018, Washington, D.C., granted a preliminary permit for site preparation and excavation on a vacant lot at 53 New York Ave. NE in the NoMa neighborhood, which The Boring Company said could become a station.
A draft environmental assessment for a D.C.-Baltimore segment was released in 2019. Yet, by April 2021, the company had removed the project from its website, and the Federal Highway Administration reported receiving no indication of further interest. Communication with Maryland officials had ceased.
The full corridor would have required coordination among the District of Columbia, Maryland, Pennsylvania, New York, the Federal Highway Administration, the Army Corps of Engineers, the National Park Service, and other agencies.
Environmental reviews under the National Environmental Policy Act, utility clearances, and approvals for novel infrastructure added to the overall complexity of the project and its approval.
Speculation on the permitting barriers centers around a few factors, but a multi-state, multi-level route involving unproven high-speed vacuum-tube technology inherently triggers exhaustive safety, environmental, and engineering reviews that can stretch for years, even for conventional projects.
There are also other elements, of course, like officials who may face political exposure if a privately funded, untested system encountered anything such as cost overruns, delays, or safety issues. On the outset of this project, there were limited things such as engineering plans or demonstrated technology maturity, which also added to the potential skepticism.
The East Coast vision for Boring Co., once framed as a privately funded revolution that could reshape Northeast travel, quietly ended without construction of the promised network. Musk’s recent statement frames the outcome as a regulatory impasse, unfortunate but not unexpected.
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.
Elon Musk will give ‘every kid in America’ a SpaceX share in 2027
Elon Musk reveals why Boring Co’s biggest East Coast project never happened
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
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
