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SpaceX might launch first Starlink Gen2 satellites next week
Update: It no longer appears that SpaceX’s last Starlink launch of the year will carry true V2 or V2 Mini satellite prototypes for its next-generation Starlink constellation. That has only deepened the layers of mystery surrounding the mission.
SpaceX has told the US Federal Communications Commission (FCC) that it plans to begin launching its first next-generation Starlink Gen2 satellites before the end of 2022.
The FCC only just granted SpaceX partial approval of its Starlink Gen2 constellation, which has been under review since May 2020, in late November 2022. Just a week or two later, in several filings asking the FCC to expedite Special Temporary Authority (STA) requests that would allow it to fully test and communicate with its first next-generation satellite prototypes, SpaceX said [PDF] that it “anticipates that it will begin launching Gen2 satellites before the end of December 2022.”
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
In most of the main STA requests filed in early December, SpaceX appears to be asking the FCC to add Starlink Gen2 satellites as approved points of communication for user terminals and ground stations that are already licensed. Those include its new high-performance dishes, newer base-model dishes (both fixed and in motion), and first-generation (round) dishes. While the FCC’s recent actions on Starlink do not raise confidence in its consistency, objectivity, and rationality, these requests should be shoe-ins.
SpaceX also wants permission to activate Very High Frequency (VHF) beacons that are meant to be installed on all Starlink Gen2 satellites. Those beacons would serve as a backup to existing telemetry, tracking, and command (TT&C) antennas and decrease the odds of a total loss of control by ensuring that SpaceX can remain in contact with Gen2 satellites regardless of their orientation – an ability that would obviously improve the safety of Starlink orbital operations.
Given how unusually long it took the FCC to review SpaceX’s Starlink Gen2 applications and how arbitrarily strict it was with its partial Gen2 license grant, it’s hard to say if the FCC will grant these STA requests or how long it will take if it does. SpaceX finds itself in a strange position where the FCC has given it permission to begin launching up to 7500 Starlink Gen2 satellites, but has not granted SpaceX permission to use those satellites to communicate with user terminals.
To the FCC’s credit, a constellation operator has never been ready to launch satellites less than one month after launches were approved, and it’s likely that the processes to ensure those satellites can be properly used after launch are ongoing. Additionally, because of the FCC’s arbitrary license restrictions, SpaceX is not allowed to launch or operate any Starlink Gen2 satellites outside of a narrow range of altitudes (475-580 km). After launch, Starlink Gen2 satellites will likely take around two or three months to reach those operational orbits, only after which can SpaceX begin using them in earnest. As long as the FCC approves most of SpaceX’s December 2022 STA requests, the disruption to Starlink Gen2 deployment and on-orbit testing should thus be limited.
Next week?
While SpaceX’s schedule targets can often be easily dismissed for future projects, there is evidence that SpaceX will actually attempt to launch the first Starlink Gen2 satellites before the end of the year. Earlier this month, SpaceX received permission to communicate with a Falcon 9 rocket for a mission called Starlink 5-1. One of five orbital ‘shells’ that make up SpaceX’s first-generation Starlink constellation does technically have zero satellites and is awaiting its first launch. But that shell (Group 5) is polar, meaning that its satellites will orbit around Earth’s poles, and the STA license the FCC granted indicates that this launch will be to a more equatorial inclination, which would not make sense for a Group 5 launch.
It’s thus possible that SpaceX decided to repurpose the STA for its first Starlink Gen2 launch, which the company cannot currently launch to an inclination other than 53 degrees – roughly the same trajectory indicated by the document. Starlink Gen1 has two 53-degree shells, Group 1 and Group 4, and both are nearly complete and would likely be called Starlink 1-XX or 4-XX in FCC filings. Combined with SpaceX stating in its VHF beacon STA request that initial Starlink Gen2 launches will start in “late December 2022,” and unofficial manifests indicating that SpaceX has a Starlink launch scheduled as early as December 28th, it certainly appears that first Gen2 satellites will reach orbit later this year.
More likely than not, they will be Starlink “V2 Mini” satellites – a downsized variant created to maximize the efficiency of Falcon 9 Starlink Gen2/V2 launches while SpaceX’s next-generation Starship rocket remains stuck on the ground. The Starship-optimized Starlink V2 satellites SpaceX initially hoped would be the only version reportedly weigh about 1.25 tons (~2750 lb) and measure roughly 6.5 by 2.7 meters (21 x 9 ft). According to an October 2022 FCC filing, Starlink V2 Mini satellites will still be several times larger than today’s Starlink V1.5 satellites, weighing up to 800 kilograms (~1750 lb) and measuring 4.1 by 2.7 meters (13.5 x 9 ft).
SpaceX says Starlink V2 Mini satellites will also have a pair of massive solar arrays with a total array of 120 square meters (~1300 sq ft). Assuming V2 Mini satellites are roughly as power-efficient as V1.5 satellites and use similarly efficient solar arrays, that indicates that could offer around 3-4 times more usable bandwidth per satellite. Assuming SpaceX has again found a way to use all of Falcon 9’s available performance, each rocket should be able to carry up to 21 Starlink V2 Mini satellites to low Earth orbit.
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
