News
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.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
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Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Investor's Corner
SpaceX gets initial stock coverage from Tesla’s biggest bull
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
News
Tesla expands massive safety feature worldwide in latest update
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.