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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.
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In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
