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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
ARK’s SpaceX IPO Guide makes a compelling case on why $1.75T may not be the ceiling
ARK Invest breaks down six reasons SpaceX’s $1.75 trillion IPO valuation may be justified.
ARK Invest, which holds SpaceX as its largest Venture Fund position at 17% of net assets, has published a detailed investor guide to why a SpaceX IPO may be grounded in a $1.75 trillion target valuation.
The financial case starts with Starlink, SpaceX’s satellite internet constellation, which has surpassed 10 million active subscribers globally as of early 2026, with 2026 revenue projected to exceed $20 billion. ARK’s research puts the total satellite connectivity market opportunity at roughly $160 billion annually at scale, and Starlink is adding customers faster than any telecom network in history. That growth alone would justify a substantial valuation.
Additionally, ARK notes that SpaceX has reduced the cost per kilogram to orbit from roughly $15,600 in 2008 to under $1,000 today through reusable Falcon 9 hardware. A fully operational Starship targeting sub-$100 per kilogram would represent a significant cost decline and open markets that do not currently exist. SpaceX executed a staggering 165 missions in 2025 and now accounts for approximately 85% of all global orbital launches. That infrastructure position took decades to build and would be nearly impossible to replicate at comparable cost.
SpaceX officially acquires xAI, merging rockets with AI expertise
The February 2026 merger with xAI added a layer to the valuation that straightforward financial models struggle to capture. ARK argues that at sub-$100 launch costs, orbital data centers could deliver compute roughly 25% cheaper than ground-based alternatives, without power grid delays, permitting friction, or land constraints. Musk has stated a goal of deploying 100 gigawatts of AI computing capacity per year from orbit.
The $1.75 trillion figure itself is not a conventional earnings multiple. At roughly 95x trailing revenue, it prices in Starlink’s adoption curve, Starship’s cost trajectory, and the orbital compute thesis together. The public S-1 prospectus, due at least 15 days before the June roadshow, will give investors their first complete look at the financials to test those assumptions. ARK’s position is that the track record earns the benefit of the doubt. Fully reusable rockets were considered unrealistic for years. Starlink was considered financially unviable. Both happened on timelines that surprised skeptics.
Elon Musk
Ford CEO Farley says Tesla is not who to look at for EV expertise
Interestingly, Farley has been one of the most hellbent CEOs in terms of a legacy automaker standpoint to push the EV effort. It did not go according to plan, as Ford took a $19.5 billion charge and retreated from its EV push in late 2025.
Ford CEO Jim Farley said in a recent podcast interview that Tesla is not who Americans should look at to beat Chinese carmakers.
The comments have sparked quite a bit of outrage from Tesla fans on X, the social media platform owned by Elon Musk.
Farley said that Chinese automakers are better examples of how to beat competitors. He said (via the Rapid Response Podcast):
“If you’re an American and you want us to beat the Chinese in the car business, you’re all going to want to pay attention, not necessarily to Tesla. Nothing against Tesla—they’ve been doing great—but they really don’t have an updated vehicle. The best in the business for us, cost-wise and competition-wise, supply chain, manufacturing expertise, and the I.P. in the vehicle, was really BYD. In this next cycle of EV customers in the U.S., they want pickups and utilities and all these different body styles. But they want them at $30,000, not $50,000. Like the first inning, they want them affordably.”
Despite Farley’s synopsis, it is worth mentioning that Tesla had the best-selling passenger vehicle in the world last year, and in China in March, as the Model Y continued its global dominance over other vehicles.
Musk responded to Farley’s comments by stating:
“This is before Supervised FSD is approved in China. Limiting factor is production output in Shanghai.”
This is before supervised FSD is approved in China. Limiting factor is production output in Shanghai.
— Elon Musk (@elonmusk) April 19, 2026
Interestingly, Farley has been one of the most hellbent CEOs in terms of a legacy automaker standpoint to push the EV effort. It did not go according to plan, as Ford took a $19.5 billion charge and retreated from its EV push in late 2025.
Ford cancels all-electric F-150 Lightning, announces $19.5 billion in charges
Instead, Ford is “doubling down on its affordable” EVs and said it would pivot from its previous plans.
Reaction from Tesla fans was pretty much how you would expect. Many said they have lost a lot of respect for Farley after his comments; others believe he is the last CEO anyone should be taking advice on EVs from.
Nevertheless, Farley’s plans are bold and brash; many consider Tesla the most ideal company to replicate EV efforts from. It will be interesting to see if Ford can rebound from this big adjustment, and hopefully, Farley’s plans to replicate efforts from BYD work out the way he hopes.
Elon Musk
SpaceX wins its first MARS contract but it comes with a catch
NASA awarded SpaceX a $175 million Mars rover contract while the White House proposes cutting the mission.
NASA just signed a $175.7 million contract with SpaceX to launch a Mars rover that the White House is simultaneously trying to defund. The contract, awarded on April 16, 2026, tasks SpaceX’s Falcon Heavy with launching the European Space Agency’s (ESA) Rosalind Franklin rover from Kennedy Space Center in Florida, no earlier than late 2028. It would mark the first time SpaceX has ever sent a payload to Mars.
Under NASA’s Rosalind Franklin Support and Augmentation project, known as ROSA, the agency is providing braking engines for the rover’s descent stage, radioisotope heater units that use decaying plutonium to keep the rover warm on the Martian surface, additional electronics, and a mass spectrometer instrument, as noted by SpaceNews.
Those nuclear heating units are the reason an American rocket was required at all. U.S. export controls on radioisotope technology mean any payload carrying them must launch on a domestic vehicle, which narrowed the field to SpaceX and United Launch Alliance. Falcon Heavy’s pricing made it the practical choice.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
Falcon Heavy debuted in February 2018 and has 11 launches to its record. The rocket has not flown since October 2024, when it sent NASA’s Europa Clipper toward Jupiter. The three-core design, built from modified Falcon 9 first stages, gives it the lift capacity needed for deep space planetary missions that a single Falcon 9 cannot reach.
The Rosalind Franklin rover has been sitting in storage in Europe for years. It was originally due to launch in 2022 as a joint mission with Russia, but Russia’s invasion of Ukraine ended that partnership, leaving the rover built but stranded without a launch vehicle or landing hardware. NASA stepped back in through a 2024 agreement with ESA to rescue the mission. The rover is designed to drill up to two meters below the Martian surface in search of evidence of past life, a science objective no previous mission has attempted at that depth.
The contradiction at the center of this story is hard to ignore. The White House’s fiscal year 2027 budget proposal included no funding for ROSA and did not mention the mission at all in the detailed congressional justification document released April 3.
Musk has long argued that reaching Mars is not optional. “We don’t want to be one of those single planet species, we want to be a multi-planet species.” Whether this particular mission survives Washington’s budget fight, the Falcon Heavy contract means SpaceX is now formally on record as the rocket that could get humanity’s next Mars science mission off the ground.
The timing of this contract carries extra weight given that SpaceX filed confidentially with the SEC in early April and is targeting an IPO roadshow in the week of June 8. It would be the largest public offering in history.
ARK’s SpaceX IPO Guide makes a compelling case on why $1.75T may not be the ceiling
Ford CEO Farley says Tesla is not who to look at for EV expertise
