News
SpaceX’s Falcon Heavy flies a complex mission for the Air Force in launch video
SpaceX has gone to unique lengths for the third launch of its Falcon Heavy rocket and made an exhaustive webpage dedicated to the mission, reviewing its importance to SpaceX and the United States and discussing most of its 23 manifested spacecraft.
Known as the US Air Force’s Space Test Program 2 (STP-2) mission, Falcon Heavy Flight 3 will be a critical pathfinder for the US military’s systematic utilization of both Falcon Heavy and its flight-proven boosters.
The STP-2 mission will be among the most challenging launches in SpaceX history with four separate upper-stage engine burns, three separate deployment orbits, a final propulsive passivation maneuver and a total mission duration of over six hours. [It] will demonstrate the capabilities of the Falcon Heavy launch vehicle and provide critical data supporting certification for future National Security Space Launch (NSSL) missions. In addition, [the USAF] will use this mission as a pathfinder for the [military’s systematic utilization of flight-proven] launch vehicle boosters.
SpaceX, April 2019
SpaceX offers a very effective summary of the various challenges presented by Falcon Heavy’s STP-2 mission and third launch. It’s as challenging as it is for one very specific and largely artificial reason. All the way back in 2012, the USAF contracted the launch to give SpaceX a low-risk opportunity to demonstrate specific capabilities the military branch requires before they certify a given rocket to launch high-value payloads. Originally intended to fly STP-2 in mid-2015, Falcon Heavy suffered almost five years of delays during its development, caused by a combination of unexpected technical difficulties and two catastrophic Falcon 9 failures in 2015 and 2016.
After spending the whole of 2017 gradually catching up on delayed customer launches, SpaceX successfully conducted Falcon Heavy’s launch debut on February 6th, 2018. Four months later, the Air Force announced that it had completed the SpaceX rocket’s preliminary certification and awarded the company a $130M launch contract for AFSPC-52, a classified military satellite. According to documents describing the mission, the satellite weighs approximately 6350 kg (~14,000 lb) and needs to be placed into a geostationary transfer orbit (GTO) measuring 35,188km X 185km (21,850 mi X 115 mi).
Conveniently, Falcon Heavy’s commercial launch debut saw the massive rocket deliver the communications satellite Arabsat 6A – weighing ~6450 kg (~14,200 lb) – into an extremely high GTO, almost 90,000 km X 330 km (56,000 mi X 205 mi). In simpler terms, Falcon Heavy Flight 2 was an almost perfect demonstration that SpaceX is more than capable of successfully launching AFSPC-52, a milestone that could come as early as H2 2020.
The STP-2 mission should help to boost the US military’s confidence in Falcon Heavy even further. The mission is comprised of 23 separate satellites from a dozen or so different groups, ranging from a NOAA weather satellite constellation to a NASA-built atomic clock. The purpose of such a varied range of payloads is to have SpaceX’s Falcon upper stage (S2) place three separate sets into three distinctly different Earth orbits, a challenge that will require the rocket to ignite its Merlin Vacuum engine four times and survive in space for more than six hours.
SpaceX has been testing this critical long-coast technology since at least February 2018, when Falcon Heavy’s debut included a six-hour coast of the upper stage to send a Tesla Roadster on an Earth escape trajectory. SpaceX completed that test successfully and said Roadster is now orbiting the sun on a trajectory that regularly reaches beyond the orbit of Mars. SpaceX has continued to test the longevity of its universal Falcon upper stage, including a handful of on-orbit demonstrations after completing customer missions.
Aside from opening the door for new areas of competition in military launch procurement, successfully proving the long-coast capabilities of the Falcon upper stage will also mean that SpaceX can offer them commercially. Military launches often require long coasts in order to get spacecraft to their operating orbits as quickly as possible, typically involving an upper stage burning at the top of a transfer orbit to circularize said orbit. This capability can also be of significant value to non-government customers, however, as the faster a satellite can get to its operational orbit, the faster its owner can start using it to generate revenue. Traditionally, most commercial geostationary communications satellites are sent to transfer orbits, raising one end of the orbit (apogee) but leaving the low end (perigee) in low Earth orbit. Satellites then use their own propulsion systems to circularize their orbits before they can begin commercial operations.
It’s safe to assume that SpaceX is interested in commercially offering services like those above to make Falcon Heavy even more competitive with the likes of ULA’s Atlas/Delta/Vulcan rockets and Arianespace’s Ariane 5 and Ariane 6. The US military will almost certainly be the anchor customer, but a reliable upper stage with long-coast capabilities may one day allow Falcon Heavy to routinely launch commercial satellites directly into circular orbits or send flagship NASA spacecraft into deep space. But first, STP-2. According to Taiwan space agency NSPO, involved in the mission through their Formosat-7 constellation (also known as NOAA’s COSMIC-2), Falcon Heavy could launch STP-2 as early as June 22nd.
SpaceX’s dedicated STP-2 webpage can be viewed here.
Check out Teslarati’s Marketplace! We offer Tesla accessories, including for the Tesla Cybertruck and Tesla Model 3.
Elon Musk
Tesla CEO Elon Musk drops massive bomb about Cybercab
“And there is so much to this car that is not obvious on the surface,” Musk said.
Tesla CEO Elon Musk dropped a massive bomb about the Cybercab, which is the company’s fully autonomous ride-hailing vehicle that will enter production later this year.
The Cybercab was unveiled back in October 2024 at the company’s “We, Robot” event in Los Angeles, and is among the major catalysts for the company’s growth in the coming years. It is expected to push Tesla into a major growth phase, especially as the automaker is transitioning into more of an AI and Robotics company than anything else.
The Cybercab will enable completely autonomous ride-hailing for Tesla, and although its other vehicles will also be capable of this technology, the Cybercab is slightly different. It will have no steering wheel or pedals, and will allow two occupants to travel from Point A to Point B with zero responsibilities within the car.
Tesla shares epic 2025 recap video, confirms start of Cybercab production
Details on the Cybercab are pretty face value at this point: we know Tesla is enabling 1-2 passengers to ride in it at a time, and this strategy was based on statistics that show most ride-hailing trips have no more than two occupants. It will also have in-vehicle entertainment options accessible from the center touchscreen.
It will also have wireless charging capabilities, which were displayed at “We, Robot,” and there could be more features that will be highly beneficial to riders, offering a full-fledged autonomous experience.
Musk dropped a big hint that there is much more to the Cybercab than what we know, as a post on X said that “there is so much to this car that is not obvious on the surface.”
And there is so much to this car that is not obvious on the surface
— Elon Musk (@elonmusk) January 2, 2026
As the Cybercab is expected to enter production later this year, Tesla is surely going to include a handful of things they have not yet revealed to the public.
Musk seems to be indicating that some of the features will make it even more groundbreaking, and the idea is to enable a truly autonomous experience from start to finish for riders. Everything from climate control to emergency systems, and more, should be included with the car.
It seems more likely than not that Tesla will make the Cybercab its smartest vehicle so far, as if its current lineup is not already extremely intelligent, user-friendly, and intuitive.
Investor's Corner
Tesla Q4 delivery numbers are better than they initially look: analyst
The Deepwater Asset Management Managing Partner shared his thoughts in a post on his website.
Longtime Tesla analyst and Deepwater Asset Management Managing Partner Gene Munster has shared his insights on Tesla’s Q4 2025 deliveries. As per the analyst, Tesla’s numbers are actually better than they first appear.
Munster shared his thoughts in a post on his website.
Normalized December Deliveries
Munster noted that Tesla delivered 418k vehicles in the fourth quarter of 2025, slightly below Street expectations of 420k but above the whisper number of 415k. Tesla’s reported 16% year-over-year decline, compared to +7% in September, is largely distorted by the timing of the tax credit expiration, which pulled forward demand.
“Taking a step back, we believe September deliveries pulled forward approximately 55k units that would have otherwise occurred in December or March. For simplicity, we assume the entire pull-forward impacted the December quarter. Under this assumption, September growth would have been down ~5% absent the 55k pull-forward, a Deepwater estimate tied to the credit’s expiration.
“For December deliveries to have declined ~5% year over year would imply total deliveries of roughly 470k. Subtracting the 55k units pulled into September results in an implied December delivery figure of approximately 415k. The reported 418k suggests that, when normalizing for the tax credit timing, quarter-over-quarter growth has been consistently down ~5%. Importantly, this ~5% decline represents an improvement from the ~13% declines seen in both the March and June 2025 quarters.“
Tesla’s United States market share
Munster also estimated that Q4 as a whole might very well show a notable improvement in Tesla’s market share in the United States.
“Over the past couple of years, based on data from Cox Automotive, Tesla has been losing U.S. EV market share, declining to just under 50%. Based on data for October and November, Cox estimates that total U.S. EV sales were down approximately 35%, compared to Tesla’s just reported down 16% for the full quarter. For the first two months of the quarter, Cox reported Tesla market share of roughly a 65% share, up from under 50% in the September quarter.
“While this data excludes December, the quarter as a whole is likely to show a material improvement in Tesla’s U.S. EV market share.“
Elon Musk
Tesla analyst breaks down delivery report: ‘A step in the right direction’
“This will be viewed as better than feared deliveries and a step in the right direction for the Tesla story heading into 2026,” Ives wrote.
Tesla analyst Dan Ives of Wedbush released a new note on Friday morning just after the company released production and delivery figures for Q4 and the full year of 2025, stating that the numbers, while slightly underwhelming, are “better than feared” and as “a step in the right direction.”
Tesla reported production of 434,358 and deliveries of 418,227 for the fourth quarter, while 1,654,667 vehicles were produced and 1,636,129 cars were delivered for the full year.
Tesla releases Q4 and FY 2025 vehicle delivery and production report
Interestingly, the company posted its own consensus figures that were compiled from various firms on its website a few days ago, where expectations were set at 1,640,752 cars for the year. Tesla fell about 4,000 units short of that. One of the areas where Tesla excelled was energy deployments, which totaled 46.7 GWh for the year.
🚨 Wedbush’s Dan Ives has released a new note on Tesla $TSLA:
“Tesla announced its FY4Q25 delivery numbers this morning coming in at 418.2k vehicles slightly below the company’s consensus delivery estimate of 422.9k but much better than the whisper numbers of ~410k as the…
— TESLARATI (@Teslarati) January 2, 2026
In terms of vehicle deliveries, Ives writes that Tesla certainly has some things to work through if it wants to return to growth in that aspect, especially with the loss of the $7,500 tax credit in the U.S. and “continuous headwinds” for the company in Europe.
However, Ives also believes that, given the delivery numbers, which were on par with expectations, Tesla is positioned well for a strong 2026, especially with its AI focus, Robotaxi and Cybercab development, and energy:
“This will be viewed as better than feared deliveries and a step in the right direction for the Tesla story heading into 2026. We look forward to hearing more at the company’s 4Q25 call on January 28th. AI Valuation – The Focus Throughout 2026. We believe Tesla could reach a $2 trillion market cap over the coming year and, in a bull case scenario, $3 trillion by the end of 2026…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
It’s no secret that for the past several years, Tesla’s vehicle delivery numbers have been the main focus of investors and analysts have looked at them as an indicator of company health to a certain extent. The problem with that narrative in 2025 and 2026 is that Tesla is now focusing more on the deployment of Full Self-Driving, its Optimus project, AI development, and Cybercab.
While vehicle deliveries still hold importance, it is more crucial to note that Tesla’s overall environment as a business relies on much more than just how many cars are purchased. That metric, to a certain extent, is fading in importance in the grand scheme of things, but it will never totally disappear.
Ives and Wedbush maintained their $600 price target and an ‘Outperform’ rating on the stock.
Tesla CEO Elon Musk drops massive bomb about Cybercab
Tesla Q4 delivery numbers are better than they initially look: analyst
