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SpaceX’s next Falcon Heavy launches delayed by military satellite issues
SpaceX’s next Falcon Heavy launches will have to wait several more months after issues unrelated to the rocket forced the US military to delay two upcoming missions.
In an official email sent to outlet Via Satellite on May 19th, the director of the US Space and Missile Systems Center (SMC) revealed that the Space Force’s first SpaceX Falcon Heavy launch – known as USSF-44 – was pushed from July to October 2021 “to accommodate payload readiness.” Translated, the common military euphemism likely implies that the mission’s main geostationary satellite payload ran into significant delays in the last year or so and may have also been responsible for an earlier launch delay from April to July 2021.
Possibly connected to USSF-52’s delays, US SMC Colonel Robert Bongiovi indicated in a separate medium that SpaceX’s fifth Falcon Heavy launch and second mission for the US Space Force had also been hit by delays, originally slipping from June to October 2021 and now from October 2021 to sometime in January 2022.
That leaves just one Falcon Heavy launch now scheduled for 2021. Set to debut two new recoverable side boosters and the first intentionally expendable center core, all Falcon Heavy USSF-44 hardware was likely ready to go at SpaceX’s Florida launch facilities by April. Unfortunately, SpaceX – seemingly on time or only slightly behind schedule for Q2 2021 launch – will now have to sit on that Falcon Heavy hardware for the better part of half a year.
The latest of at least four new Falcon Heavy boosters, expendable Falcon Heavy center core B1066 wrapped up testing at SpaceX’s McGregor, Texas development facilities in March and likely shipped to Florida a few weeks later. B1066 followed Falcon Heavy side boosters B1064 and B1065, which completed their own static fire acceptance testing in Texas in late 2020 and early 2021. Given that B1066 will be intentionally expended after its first flight, at least one other Falcon Heavy center core (and probably two or more) is also in work to support SpaceX’s USSF-52 launch sometime next year.
That second new center core – likely B1068 or B1069 – has yet to ship from SpaceX’s Hawthorne, California factory to Texas. If the company was in any rush, significant USSF-44 and USSF-52 payload delays have removed practically all production schedule pressure, giving SpaceX at least 3-5 extra months to test and ship any incomplete boosters, upper stages, or fairings for both missions and prepare for several others.
Barring major delays, SpaceX now has as many as five Falcon Heavy launches scheduled in 2022. USSF-52 is likely up first early in the year, followed by ViaSat’s second ViaSat-3 launch as early as Q1. The rocket is then firmly scheduled to launch NASA’s Psyche asteroid exploration mission in August 2022 and the Space Force’s geostationary USSF-67 satellite(s) in Q4. Finally, one of Inmarsat’s two next-generation I-6 satellites could also launch on Falcon Heavy sometime in 2022, though a specific schedule has yet to be set.
All told, Falcon Heavy has an extremely busy future ahead despite what is now likely to be a more than 28-month gap between the rocket’s third and fourth launch.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
