News
SpaceX wins launch contract for NASA mission to study unique metal asteroid
SpaceX has been awarded a $117 million launch contract for NASA’s Psyche mission that will study a unique metal asteroid between Mars and Jupiter.
The NASA mission to loft a 5,750-lb. (2,608-kg) spacecraft atop of SpaceX’s Falcon Heavy Rocket will study a mineral-rich asteroid named 16 Psyche. The mission is expected to take place sometime in 2022 and launch from NASA’s historic Launch Pad 39A in Cape Canaveral, Florida.
Falcon Heavy will launch @NASAPsyche! The mission, for which @NASA requires the highest level of launch vehicle reliability, will study a metal asteroid between Mars and Jupiter to help humanity better understand the formation of our solar system’s planets https://t.co/mvrgx6dvaW pic.twitter.com/FqMaRKscQ4
— SpaceX (@SpaceX) February 28, 2020
Psyche is an intriguing, metallic world orbiting in the asteroid belt, between Mars and Jupiter. Most asteroids are made of rock and ice, but not Psyche — it’s composed of iron and nickel. That’s what makes it an interesting target.
Scientists want to study it because they believe Psyche could provide insight into how planets form. Terrestrial bodies, like the Earth, have metallic cores deep in their interior, below the outer layers like the mantle and crust. Psyche could be one of these metallic cores: the remnant of a violent collision with another planetary body billions of years ago.
We’re unable to study the Earth’s core directly, so Psyche could provide a lot of insight into our own planet as well as how other rocky planets form.
The Psyche mission was selected in 2017 as part of NASA’s Discovery Program, which also includes historic missions like the Kepler Space Telescope, and the InSight Mars lander.
This mission is one of true exploration because scientists aren’t exactly sure of what we will find. Ground-based measurements indicate that Psyche could be as large as Mars, and is probably shaped like a potato. But is this hunk of metal the dead, exposed heart of an ancient protoplanet or could it be a weird iron-rich alien world?
The spacecraft is packing a suite of four instruments that will enable the science team to determine what happened to 16 Psyche over its lifetime. Right now the team postulates that Psyche is the metallic core of a planetary body that was destroyed billions of years ago through an incredibly violent collision with another world. There’s evidence to indicate that Psyche was once molten, and cooled after having its crust stripped away.
Planetary impacts, such as a meteor slamming into the Earth, have been studied for as long as scientists have been studying planets. Understanding these events are a fundamental aspect of planetary science. They can tell us the age of a planetary surface, and much more. Historically, impact studies have focused on rocky worlds, and recently icy bodies. But what happens on a metal world? No one knows.

If Psyche was once a molten world, as the science team believes, it could join the list of volcanic worlds in the solar system. We’re all familiar with the volcanoes that we see here on Earth. Mars had similar ones in its past, like Olympus Mons. But these are not the only types of volcanoes we see in our cosmic backyard. Icy worlds like Pluto and Ceres have evidence of cryovolcanoes.
These are different than what we see on Earth because they spew icy materials instead of lava. Psyche could be even more strange, with evidence of molten metals such as iron and nickel on its surface.
Psyche will test an experimental laser technology that will aim to improve communications with spacecraft over vast distances. It will also launch with two secondary payloads: Escape and Plasma Acceleration and Dynamics Explorers (EscaPADE), which will study Mars’ atmosphere and the process by which it’s being lost to space; and Janus, which will focus on binary asteroids and how they form.
This is SpaceX’s 8th contract from NASA’s Launch Services Program (LSP) and the first for Falcon Heavy. SpaceX’s workhorse, the Falcon 9 has several science missions under its belt, having launched NASA’s Transiting Exoplanet Survey Satellite (TESS), and will launch the upcoming PACE mission, which is designed to study the Earth’s oceans and atmosphere.
Lifestyle
NTSB findings on fatal Tesla crash tell a very different story
The NTSB confirmed the driver, not Tesla’s FSD, caused the fatal Texas house crash.
The National Transportation Safety Board released preliminary findings Wednesday confirming that a Tesla driver, not the vehicle’s software, caused a fatal crash in Katy, Texas in June. The driver, 44-year-old Michael Butler, had engaged Full Self-Driving Supervised mode on Rose Hollow Lane, a residential street with a 30 mph speed limit, before manually overriding the system by pressing the accelerator pedal all the way to 100%. Data recovered from the 2025 Tesla Model 3 showed the vehicle was traveling over 70 miles per hour when it struck a home and killed 76-year-old Martha Avila, who was inside. Weather was clear, the road was dry, and it was daylight.
Texas man charged in fatal Tesla crash where he blamed Autopilot
Butler told authorities he had passed out at the wheel. But security camera footage obtained by the NTSB told a different story, and showed the car accelerating through an intersection before leaving the road entirely. Police also found that Butler’s phone had Google searches including the terms “Tesla FSD not aggressive enough 2026” and “Tesla FSD too timid,” raising serious questions about how he was using the system before the crash. Butler has since been charged with manslaughter. The victim’s family has filed a lawsuit against both Butler and Tesla, alleging negligence.
The NTSB findings aligned directly with what Tesla VP of AI Software Ashok Elluswamy had already stated publicly on X in the weeks after the crash, writing that “the driver manually overrode self-driving by pressing the accelerator all the way to 100%.” The data confirmed his account.
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Investor's Corner
Lucid CEO dispels any rumors of bankruptcy: ‘So far from the facts’
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
News
Tesla responds to strange Supercharging pricing error with classy move
Tesla has once again demonstrated strong customer focus by swiftly addressing and fully refunding a bizarre Supercharger pricing glitch that affected drivers in Atlantic Canada.
The issue surfaced earlier this month when the Tesla app began displaying dramatically inflated per-minute charging rates at stations in Prince Edward Island and parts of New Brunswick.
One widely shared screenshot from a Charlottetown, PEI Supercharger showed rates reaching ridiculous levels: $6.00 per minute for the 180-250 kW tier, along with $3.57/min for 100-180 kW and $2.29/min for 60-100 kW.
Correct pricing will be going live at midnight tonight. All fees since July 2nd 2026 will be waived.
— Tesla Charging (@TeslaCharging) July 13, 2026
These figures were several times higher than normal Supercharger pricing in the region.
To put the error in perspective, charging at the highest incorrect rate would have been shockingly expensive.
At 250 kW, a common charging speed at Superchargers, a vehicle pulls roughly 4.17 kWh per minute. Under the glitch, a driver spending just 10 minutes at peak power would face a $60 bill. A typical 20- to 30-minute session to add meaningful range could have cost $120 to $180 or more, before any congestion fees.
Tesla gets another layer of gamification with Free Supercharging on the line
By comparison, standard Canadian Supercharger rates usually fall between $0.25 and $0.60 per kWh, making a similar session cost roughly $15–$40. The erroneous per-minute structure, combined with the inflated numbers, turned what should be a convenient stop into a potential financial shock.
The glitch appears to have started sometime around early July, and quickly drew attention on social media as owners questioned whether Tesla had implemented steep hidden increases. Some drivers even reported seeing $0 charges in their history, indicating broader billing confusion.
Tesla’s official Charging account on X stated that correct pricing would roll out at midnight on July 13, so the fix is already in effect. More importantly, the company announced it would waive all fees for every Supercharger session since July 2. This blanket waiver covers the entire affected period without requiring users to file individual claims, with automated refunds expected soon. The decision affects stations in PEI and nearby areas in New Brunswick and Nova Scotia.
It’s a classy move, and rather than issuing partial credits or forcing owners to submit support tickets, Tesla simply absorbed the cost of the system error and made drivers whole. In an industry where hidden fees and bill disputes are common, Tesla’s proactive, no-questions-asked approach reinforces owner trust and highlights the company’s commitment to service excellence.
The incident, while disruptive for a short time, ultimately showcases Tesla’s ability to own mistakes and prioritize customer satisfaction. Atlantic Canada Tesla owners can now charge with confidence again, knowing the company has their back when technology glitches occur.
In an era of complex EV billing, such transparency and generosity are refreshing and set a positive example for the industry.