Connect with us

News

SpaceX Falcon 9 rocket to launch spy satellites from California next month

Published

on

The US National Reconnaissance Office (NRO) says that SpaceX’s first West Coast launch of 2022 is scheduled no earlier than (NET) 8:37 am PST (16:37 UTC), February 2nd.

Surprisingly, the announcement is identical to a launch target that the US Space Systems Command (SSC) put forth as far back as September 7th, 2021, meaning that the NRO’s NROL-87 mission hasn’t slipped a single day in more than four months. On the same list of upcoming military launches, Falcon Heavy’s USSF-44 mission was targeted for October 9th – now NET March 2022 due to payload issues – and Atlas V’s STP-3 launch – planned for November 22nd – actually launched on December 7th. It’s not common for a modern US military spacecraft to make it more than a few months without significant delays – let alone no delay at all.

NROL-87 will also continue an unprecedented string of SpaceX launches that began in the last month or two of 2021. Aside from being SpaceX’s first West Coast launch this year, NROL-87 is the sixth Falcon 9 launch scheduled in the first five weeks of 2022. Even more significantly, NROL-87 could be SpaceX’s 11th Falcon 9 launch in two months or its 14th launch in three months.

In other words, SpaceX is on track to demonstrate the ability to launch anywhere from 56 to 66 times annually by actually sustaining that cadence for two or even three months in a row. In July 2020, SpaceX completed a new environmental assessment of its two East Coast launch pads with the FAA, revealing plans and permission for as many as 64 Falcon launches per year in 2022 and up to 70 from 2023 onward. However, it’s one thing to claim or plan for 60-70 launches per year but another thing entirely to actually demonstrate the ability to achieve those numbers over multiple months.

Prior to 2021, the most SpaceX had ever launched in a two-month period was eight times at the end of 2020. In 2021, SpaceX managed to launch 20 times in just the first half of the year – demonstrating an annual cadence of 40 launches per year if repeated in H2 2021. However, Starlink satellite production ran into major hurdles as SpaceX grappled with semiconductor shortages and attempted to move from V1.0 to a new V1.5 design. As a result, SpaceX only launched three times in Q3 and skipped July and October entirely.

Advertisement

However, Starlink production appeared to recover in Q4 and SpaceX managed to launch another eight times in the last two months of 2021. More importantly, SpaceX actually launched five times in December 2021 and six times between November 24th and December 21st – less than four weeks. Heading into 2022, SpaceX has shown no signs of slowing down. On January 4th, a statement from the US Space Force implied that SpaceX was aiming for five Falcon 9 launches in the first month of 2022. Two weeks later, SpaceX has completed three Falcon 9 launches and has two more scheduled on January 27th and 29th. NROL-87 will kick off February on the 2nd and, barring delays, could be SpaceX’s 11th launch since December 2nd.

Only one rocket family in history – Russia’s R7/Soyuz – has launched 60 or more times in one year. (Roscosmos)

Unofficial manifests suggest that SpaceX has as many as 40 commercial launches tentatively scheduled in 2022, one of which has been completed. In H1 2021, SpaceX further demonstrated the ability to build and launch approximately 1800 Starlink satellites (30 launches worth) in a single year. Of course, issues can and will arise and delays are the norm in spaceflight, so there’s a good chance SpaceX will have slow months where customer and Starlink missions both run into delays. Nonetheless, all evidence currently available suggests that SpaceX could smash its annual launch record (31 in 2021) with anywhere from 40 to 60+ launches in 2022.

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

Elon Musk

Tesla analyst says Musk stock buy should send this signal to investors

“With Musk’s (Tesla stock) purchase, combined with the upward momentum for delivery expectations and robotaxi rollout, we are becoming more bullish.”

Published

on

(Credit: Tesla)

Tesla CEO Elon Musk purchased roughly $1 billion in Tesla shares on Friday, and analysts are now breaking down the move as the stock is headed upward.

One of them is William Blair analyst Jed Dorsheimer, who said in a new note to investors on Monday that Musk’s move should send a signal of confidence to stock buyers, especially considering the company’s numerous catalysts that currently exist.

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

Dorsheimer said in the note:

“With Musk’s (Tesla stock) purchase, combined with the upward momentum for delivery expectations and robotaxi rollout, we are becoming more bullish. This purchase is Musk’s first buy since 2020. To us, this sends a strong signal of confidence in the most important part of Tesla’s future business, robotaxi.”

Musk putting an additional $1 billion back into the company in the form of more stock ownership is obviously a huge vote of confidence.

He knows more than anyone about the progress Tesla has made and is making on the Robotaxi platform, as well as the company’s ongoing efforts to solve vehicle autonomy. If he’s buying stock, it is more than likely a good sign.

Tesla has continued to expand its Robotaxi platform in a number of ways. The project has gotten bigger in terms of service area, vehicle fleet, and testing population. Tesla has also recently received a permit to test in Nevada, unlocking the potential to expand into a brand-new state for the company.

In the note, Dorsheimer also touched on Musk’s recent pay package, revealing that William Blair recently met with Tesla’s Board of Directors, who gave the firm some more color on the situation:

“We recently participated in a meeting with Tesla’s board of directors to discuss the details of Musk’s performance package. The board is confident of its position in the Delaware case and anticipates a verdict by end of year. It does not expect a similar situation to occur under new Texas jurisdiction. Musk has the board’s full support, and we expect he’ll get more than enough shareholder support for this to pass with flying colors.”

Tesla stock is up over 6 percent so far today, trading at $421.50 at the time of publication.

Continue Reading

News

Morgan Stanley’s Adam Jonas dubs Tesla FSD a “game changer” after marathon drive

Jonas reported that FSD handled more than 99% of the miles.

Published

on

Credit: Tesla Europe & Middle East/X

Morgan Stanley’s analyst Adam Jonas shared a notable endorsement of Tesla’s Full Self-Driving (FSD) software after completing a 1,400-mile round trip from New York to Michigan in his Model Y. 

Jonas reported that FSD handled more than 99% of the miles, calling the system “a game changer” for long-distance driving.

Hands-free experience

Jonas drove his 2021 Tesla Model Y equipped with Hardware 3 and FSD Supervised v12.6.4, and he used the system nearly the entire trip. “Having your hands off the wheel and feet off the pedals for nearly 12 hours of driving is a real game changer that is hard to appreciate without experiencing it for yourself,” he noted.

He explained that outside of two heavy downpours, one on the Pennsylvania Turnpike and another in suburban Detroit, plus some light maneuvering in fast food parking lots, FSD handled the drive without any human intervention. “FSD made no mistakes or close calls that I recall. The system handles highways very safely and confidently. I cannot imagine buying another EV without FSD.”

Broader implications

Jonas added that he has used FSD consistently over the past 18 months, and the $8,000 he paid for the feature feels like a bargain considering the value. He also praised Tesla’s Supercharging network, which supported his trip without issue.

Advertisement

Jonas has been one of Wall Street’s most closely followed voices on Tesla, and his comments add weight to the ongoing debate about the role of autonomy in the company’s future. His current price target for Tesla stock stands at $410. During Morgan Stanley’s 13th Annual Laguna Conference, he echoed similar experiences with Tesla’s software, emphasizing that FSD “probably drove well over 99% of the miles” on his recent trips.

Continue Reading

Elon Musk

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

Prior to this latest move, Musk’s most recent purchase was for about 200,000 shares worth $10 million in 2020.

Published

on

Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons


Tesla (NASDAQ:TSLA) shares rose on Monday after CEO Elon Musk disclosed a rare insider purchase of company stock worth about $1 billion. 

A filing with the U.S. Securities and Exchange Commission (SEC) revealed that Musk acquired 2.57 million shares last Friday at various prices. The move represents Musk’s largest TSLA purchase ever by value, as per Verity data.

Elon Musk’s TSLA purchase

The disclosure sent Tesla shares up more than 8% in premarket trading Monday, as investors read the purchase as a notable vote of confidence, as stated in a CNBC report. Tesla stock had closed slightly lower Friday but remains more than 25% higher over the past three months. It should be noted that prior to this latest move, Musk’s most recent purchase was for about 200,000 shares worth $10 million in 2020.

Market watchers say the purchase could help shore up investor sentiment amid a volatile year for TSLA stock. Shares have faced pressure from a variety of factors, from year-over-year sales challenges due to the new Model Y changeover, political controversies tied to Musk, and reduced U.S. incentives for EVs under the Trump administration. Nevertheless, analysts such as Wedbush’s Dan Ives stated that Musk’s purchase was a “huge sign of confidence for Tesla bulls and shows Musk is doubling down on his Tesla A.I. bet.”

Tesla and Elon Musk

Musk already owns about 13% of Tesla, and his latest purchase comes as the company prepares for a key shareholder vote in November. Investors will decide whether to approve a compensation package for Musk that could ultimately be worth as much as $975 billion if ambitious market value milestones are achieved. The package has a long-term target of pushing Tesla’s market capitalization to $8.5 trillion, compared with about $1.3 trillion at Friday’s close.

Advertisement

Wall Street’s current consensus price target still implies a roughly 20% decline from current levels, though some Tesla bulls remain optimistic that the company could shift its focus toward autonomy, AI, and robotics. Musk has also asked shareholders to approve an investment into his latest venture, xAI.

Continue Reading

Trending