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SpaceX’s next Falcon Heavy rocket on track for early 2023 launch
Two weeks after SpaceX’s first Falcon Heavy launch in three and a half years, the US Space Force says that the rocket is on track to launch again “early next year.”
Immediately before and after Falcon Heavy’s first operational launch for the US Space Force, the Space Systems Command confirmed that the massive SpaceX rocket’s next military launch – USSF-67 – was scheduled no earlier than January 2023. The military also confirmed that USSF-67 would reuse two of the three Falcon Heavy boosters that helped launch USSF-44 on November 1st.
Two weeks later, the US Space Force’s tone hasn’t changed, and the Space Systems Command remains confident that Falcon Heavy is on track to launch USSF-67 less than three months after USSF-44.
Assuming the lack of a schedule change is intentional rather than a matter of not checking with SpaceX or other US stakeholders, no change is a good sign. Since the last time the SSC reported that USSF-67 was on track to launch in January 2023, SpaceX successfully launched its fourth Falcon Heavy rocket. USSF-44 was the company’s first launch directly into a geosynchronous orbit ~36,000 kilometers (~22,300 mi) above Earth’s surface.
SpaceX successfully recovered both of Falcon Heavy’s ‘side cores’ and has likely had enough time to thoroughly inspect each booster and begin the refurbishment process. If data gathered from the launch, landing, or recovered boosters uncovered issues with Falcon Heavy’s performance during USSF-44, USSF-67 would almost certainly be delayed. The chances of a delay are magnified by the fact that USSF-67 can’t launch until two of USSF-44’s Falcon Heavy boosters are refurbished and declared ready for a second flight.
But it appears that even a gap of 40 months between Falcon Heavy launches wasn’t enough to make SpaceX falter – at least after working out some prelaunch kinks. SpaceX accomplished a similar feat – launching two Falcon Heavy rockets in less than three months with one pair of side boosters – on the rocket’s second and third launches in April and June 2019. The mission that reused Flight 2’s side boosters was for the US Air Force, so SpaceX and the military already have direct experience tackling those challenges.
In the three and a half years since, SpaceX has gained a huge amount of experience recovering and refurbishing Falcon 9 Block 5 boosters and slashed its record turnaround (the time between two launches of the same booster) from 74 days to 21 days. SpaceX should thus have no issue turning Falcon Heavy side boosters B1064 and B1065 around for a second launch in January 2023, around 60 to 91 after their debut.
While preparing one Falcon Heavy rocket to launch USSF-67 in January, SpaceX – at least according to customer ViaSat – may also be preparing another Falcon Heavy rocket to launch the first ViaSat-3 satellite the same month. Unlike the US Space Force, which recently shipped [PDF] one of USSF-67’s payloads to Florida, ViaSat has yet to ship its first next-generation satellite to the launch site and says that milestone is scheduled for December 2022. That makes a February or March launch much more likely, but ViaSat recently told shareholders that ViaSat-3 remains on track to launch “in the earliest part of” Q1 2023.
Combined, USSF-67 and ViaSat-3 are scheduled to reuse Falcon Heavy side boosters B1064, B1065, B1052, and B1053. Each will use a brand new center core: B1068 for ViaSat-3 and B1079 for USSF-67, according to Next Spaceflight. Like USSF-44, which was the first time SpaceX intentionally expended a Falcon Heavy booster, both new center cores are expected to be expended.
For several reasons, assembling and preparing Falcon Heavy for launch is significantly more time-consuming than Falcon 9, so there will likely be at least a two, three, or even four-week gap between Falcon Heavy’s next two launches. But as long as USSF-67 and ViaSat-3 are ready to fly during narrow windows in early and late January, it appears that SpaceX could launch two Falcon Heavy rockets in one calendar month.
SpaceX has as many as five Falcon Heavy launches scheduled in 2023 – a stark change after more than three years without a single flight.
Elon Musk
Elon Musk calls Earth’s data centers “peanuts” next to what SpaceX is planning in orbit
Elon Musk says SpaceX capex efficiency is underestimated as orbital data centers loom by 2028.
Elon Musk is pushing back on one of the biggest worries hanging over SpaceX stock. In a reply on X on Sunday, Musk said the company’s capital expenditure efficiency is severely underestimated. He was responding to a Milk Road Stocks post citing analyst Kyle Reidhead, who estimates SpaceX will need to spend roughly $470 billion over the next five quarters.
Reidhead built that figure around the target SpaceX set on its third quarter earnings call: 13 gigawatts or more of compute by the end of 2027. In his breakdown, Nvidia captures 83 to 89 percent of the spending. SpaceX ended the quarter with 1.7 GW of nameplate compute and guided to $35 billion to $40 billion in fourth quarter capex, as Teslarati reported.
Musk did not attach a number to his claim, but the earnings call shows the argument. CFO Bret Johnsen said new compute currently pays for itself in under a year at today’s pricing, and Musk said that window could shrink to six months next year. Using that pace, Reidhead argues about $230 billion of the $470 billion could come from operating cash flow and about $60 billion from SpaceX’s roughly $90 billion cash pile, leaving around $180 billion to borrow. Musk confirmed last week that SpaceX had already closed a new $40 billion debt raise to buy GPUs.
The ground buildout is not the end goal. It is what is meant to pay for the move to orbit. Replying on Friday to charts built from Sequoia partner Shaun Maguire’s SpaceX model, Musk wrote that “Terrestrial compute will be peanuts compared to orbital compute,” adding that orbital compute deployed per month “probably exceeds terrestrial around the end of 2028 and then far exceeds it in 2029.”
Maguire’s model shows how steep that path is. It has capex climbing from $88 billion this year to $290 billion in 2027 and $369 billion in 2028, with SpaceX burning $77.8 billion in cash this year and $122.6 billion next year before turning $114.9 billion cash positive in 2028. Musk’s response to the model was, “I think we can do better.”
The orbital half runs through Starmind. SpaceX plans to operate up to 1 million AI satellites flying in clusters of about 10, linked by roughly 10 terabits of bandwidth, with deployment of thousands of units starting as soon as late 2027 out of its Gigasat factory in Bastrop, Texas, according to SpaceX’s space safety page. Musk has said each Starmind spacecraft will carry more than 250 kW of solar power.
Getting there depends on launch volume. Maguire’s model assumes 250 Starship flights in 2028, up from two this year and 38 next year. The nearer test is financial: SpaceX guided to $33 billion to $37 billion in first quarter 2027 revenue, more than double the $14.58 billion it booked in Q3, and Musk reposted that guidance again on Sunday morning.
Elon Musk
SpaceX President to gift Trump Accounts her SpaceX stock
Gwynne Shotwell’s 2 million SpaceX shares are headed to children’s Trump Accounts starting this December.
SpaceX President Gwynne Shotwell said Friday that more than 2 million SpaceX shares belonging to her and her husband, Robert, will be distributed to children’s Trump Accounts in December, turning a pledge she made over the summer into an actual transfer. “Robert and I are thrilled that our gift of over 2 million shares of SpaceX stock will be distributed to children’s Trump accounts in December!” Shotwell wrote on X, adding that the shares are “transferring to escrow as we speak.”
The first round goes to children aged 11 to 17 who live in ZIP codes where the median family income is $57,000 or less, along with kids in ZIP codes with too few residents for the Census to report that figure. Shotwell said those families should receive a notice by Monday, Reuters reported.
A second gift is expected to be finalized in the next few weeks. That round will cover eligible children in military families serving overseas, children in foster care, and more kids in Texas counties near the Shotwells’ home where median family income is $90,000 or less. Elon Musk replied to the announcement with “Cool” and a heart emoji.
Shotwell first announced the donation on July 6, less than a month after SpaceX priced its record IPO at $135 per share on the Nasdaq. IPO filings showed Shotwell owned about 12.6 million SpaceX shares, Quartz reported at the time, which makes the gift roughly one sixth of her stake. At the roughly $146 per share used to value Musk’s own pledge earlier this month, 2 million shares are worth about $290 million.
How the stock would actually reach the accounts had been an open question since July. Treasury guidance acknowledged that stock donations could flow into Trump Accounts, but it did not explain the mechanics for a program whose contributions default into an S&P 500 index fund. Shotwell thanked the Treasury, the IRS, the Dell Foundation, Greater Horizons, Invest America and the law firms Morgan Lewis and Gibson Dunn for “working over the past few months to make this happen.”
The transfer also works as a dry run for a far larger gift. On October 19, Musk said he would give one of his SpaceX shares to every kid in America next year and called it “the first of many.” With roughly 72 million children in the country, that pledge is worth about $10.5 billion. President Donald Trump thanked Musk the same day and said the shares would go through Trump Accounts, though neither SpaceX nor the Treasury has published how or when that distribution will happen.
Shotwell’s recipients also fill a gap in the program itself. Trump Accounts launched on July 4, and the $1,000 Treasury deposit only goes to babies born between 2025 and 2028. Teenagers aged 11 to 17 receive no government seed money, so for many of the families getting a notice on Monday, SpaceX stock will be the first asset in the account. The accounts convert into retirement accounts when the child turns 18.
Tesla Full Self-Driving is now the centerpiece of the company’s newly revised Referral Program, which launched on October 29.
Instead of referring people to purchase vehicles and the referrer receiving $250 in Tesla Credit, the new program now incentivizes Full Self-Driving subscriptions.
If a Tesla owner is on an FSD trial and uses a referral code to subscribe to Full Self-Driving, the person whose Referral Link was used will receive one month of FSD (Supervised). Their code can be utilized 12 times per year, with January 1 marking the reset date.
Realistically, this means that if your Referral Code is used by 12 Tesla owners on an FSD trial, you will receive a full year of FSD for free.
🚨 Here is Tesla’s new Referral Program for Full Self-Driving (Supervised):
When someone subscribes to FSD using your link, you’ll get a month free. Up to a year of FSD is available to you for free!
If you’d like to use my link: https://t.co/g00IX9OCE3 https://t.co/GFBzEO2jjS
— TESLARATI (@Teslarati) October 30, 2026
The previous program made it pretty difficult to get referrals; buying a vehicle is obviously a much larger financial strain than subscribing to Full Self-Driving for a month.
Of course, the previous Referral Program also offered a tangible benefit: $250 in credits you could use on Service, Supercharging, or anything in the Tesla Shop. It truly could pay for someone’s travel for a year. It recently bought me a new backpack and a T-shirt.
However, this new program is much more attainable for those who do not have a massive online presence of a slew of friends in the Tesla community who will use the code and max out subscriptions for vehicle purchases.
Woke up to maxed out Referrals! Thank you guys, that’s awesome!
Share your referral link below so others can use it! https://t.co/kesbwTcoTV
— TESLARATI (@Teslarati) October 30, 2026
The Full Self-Driving suite will now be the keystone of the Referral Program, which makes it more inclusive and more fun for everyone with an awesome benefit.
It also gives the impression that Tesla is truly focused on FSD subscriptions, something that saw a tremendous increase in volume in Q3, as 75 percent of deliveries for the quarter came with an FSD subscription attached.
Full Self-Driving data is so instrumental to the suite’s improvement that this kind of program benefits Tesla as much as it does the consumer.
Elon Musk calls Earth’s data centers “peanuts” next to what SpaceX is planning in orbit
SpaceX President to gift Trump Accounts her SpaceX stock
