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SpaceX prompts ULA to slash price of Atlas space missions

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The United Launch Alliance has cut the price tag for an Atlas V launch by more than a third in response to increased competition from SpaceX.

SpaceX made an early push into commercial and government space flights with the primary selling point being lower fixed costs. A 2014 senate hearing attended by Elon Musk pitted newcomer SpaceX against the incumbent ULA with pricing being one of the major talking points. Musk made the case that SpaceX could perform the same task as ULA but at a cost of $90 million per launch as compared to ULA’s cost of $380 million per launch, potentially saving taxpayers billions.

Fast forward 3 years and ULA has changed its tune in response to the proven performance of SpaceX. Add to the mix the lower costs lurking just around the corner as a result of proven reusability of SpaceX’s first-stage Falcon 9 booster and the imminent threat of Jeff Bezos’ Blue Origin, and one can consider the ULA as being truly up against the wall. It’s either cut costs or fade into the twilight for ULA.

ULA CEO Tory Bruno added some color to the picture at the U.S. Space Symposium in Colorado Springs this week, saying “We’re seeing that price is even more important than it had been in the past.” This 180-degree shift in perspective shows that SpaceX has been a wake up call for long-standing industry relationships, and that ULA was not presented with much choice except to cut pricing. “We’re dropping the cost of Atlas almost every day. Atlas is now down more than a third in its cost,” Bruno said.

More recent pricing figures put the base price of an Atlas V launch at $109 million which is a significant premium over the price of a SpaceX Falcon 9 launch which start at $62 million per launch, according to the SpaceX website.

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With SpaceX and Blue Origin having already proved the ability to self-land rockets, ULA has its work cut out if it wants to continue to stay relevant in future launches. Reusability promises the ability to lower the price per launch while at the same time increasing the frequency at which launches can take place. SpaceX made history again last week after using a previously flown rocket and landing it back onto the “Of Course I Still Love You” drone ship at sea.

 

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Tesla trails Volkswagen in Q1 EV sales, Model Y still on top

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Volkswagen surpassed Tesla in Q1 2025 electric vehicle (EV) sales in Europe.

The German automaker sold 65,679 battery EVs compared to Tesla’s 53,237 in the first three months of the year, per JATO Dynamics data. Volkswagen’s registrations soared 157% year-over-year (yoy), while Tesla saw a 38% decline in the same period, the steepest among the top 30 brands. The German automaker’s strong performance highlights a growing competitive landscape in the EV market.

Despite losing the overall lead, Tesla’s Model Y and Model 3 remain the top two in Europe’s battery EV registrations. Volkswagen’s ID.4 ranked third in EU registrations, trailing the Model 3 by 2,000 units.

Model Y registrations dropped 43% in March, but the Model 3 increased 1% in the first quarter. The decline in Model Y registrations could be linked to Tesla’s upgraded Model Y, which debuted at the beginning of the year. In the first quarter, Tesla retooled and upgraded its factories worldwide to produce the new Model Y.

“As the brand continues to deal with a host of PR issues in addition to the changeover of the Model Y, Tesla is now relying on the Model 3 to offset its losses. Despite the controversy surrounding the brand’s CEO and the limited availability of the new Model Y, Tesla continues to perform well,” said Felipe Munoz, a global analyst at JATO Dynamics.

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Tesla addressed its Q1 challenges during its recent earnings calls, with CEO Elon Musk attributing the dip to seasonal and strategic factors.

“Now, Q1, [the] first quarters of a year, are usually pretty tricky. Because it’s usually the worst quarter of the year because people don’t want to go buy a car in the middle of winter during the blizzard. So we picked Q1 as a good quarter to do a cutover to the new version of the Model Y and we changed the production of the world’s best-selling cars with — remember, the Model Y is the best-selling car of any kind on earth with a 1.1 billion unit per year output of a single model,” Musk stated.

Volkswagen’s surge reflects its continued focus on and dedication to EVs. While Tesla’s Model Y remains the global best-seller, Volkswagen’s momentum signals intensifying competition. As both companies navigate market dynamics, Tesla’s focus on its Robotaxi network and upcoming launches will be critical to regaining its edge.

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Neuralink targets $500 million raise at $8.5 billion valuation: report

The news was initially reported by Bloomberg, which cited sources reportedly familiar with the matter.

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Credit: Neuralink

Elon Musk’s Neuralink is reportedly gearing up for a $500 million funding round at a $8.5 billion pre-money valuation. 

The news was initially reported by Bloomberg, which cited sources reportedly familiar with the matter.

The Alleged Funding Round 

Preliminary discussions with investors, which could value Neuralink at $9 billion post-money, have reportedly started. Terms for the funding round remain fluid, however, as per one of the publication’s sources. Neuralink, for its part, has not issued a comment about its alleged funding round.

That being said, Neuralink is one of Elon Musk’s smaller ventures, with PitchBook valuing the brain-computer interface startup at $3.5 billion in November 2023.  

Neuralink’s Ambitious Vision

Neuralink aims to create devices that enable users to interact with tech devices using only their brain. Neuralink is currently focusing on paralyzed individuals and neurodegenerative disease patients, though Musk has also hinted at Neuralink’s technology being used to address vision problems and other health issues. 

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Neuralink has made a lot of headway in its goals, with the startup recently announcing that it has expanded its human trial to three patients. All three are participants in the company’s ongoing primary and convoy study.

Musk’s Soaring Valuations

Neuralink’s potential capital raise aligns with skyrocketing valuations for Elon Musk’s other firms. While Tesla’s valuation remains volatile due to its publicly traded nature, his private space company, SpaceX, hit an impressive $350 billion valuation in December. His artificial intelligence startup, xAI, reached an $80 billion valuation following its merger with social media platform X. 

Musk’s holdings in his companies have allowed him to top the Bloomberg Billionaires Index with a net worth of $310 billion as of writing.

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Tesla regains Piper Sandler’s confidence with Robotaxi plans & Q1 Results

Piper Sandler says Tesla delivered the best-case scenario for bulls. $TSLA has catalysts ahead to silence the bears.

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tesla-model-y-delivery
(Credit: Tesla)

Tesla gained Piper Sandler analyst Alexander Potter’s confidence following its Q1 2025 earnings call. Piper Sandler reaffirmed its Overweight rating and $400 TSLA price target, signaling optimism for the company’s robotaxi and affordable vehicle launches expected this year. The firm’s stance reflects Tesla’s resilience amid market challenges.

Despite expectations of weak Q1 financials, Tesla’s stock edged up in after-hours trading, defying skepticism. Piper Sandler’s Alexander Potter noted that the results met the hopes of Tesla supporters, particularly as the company held firm on its timelines. Potter emphasized that anticipation for robotaxi details and new vehicle launches should keep critics at bay, supporting the $400 target.

“In our preview last week, we predicted that (at best) Q1 would be a non-event. With the stock trading up slightly in the after-hours session, it appears our best-case scenario has materialized. Considering generally weak Q1 financials, we think this is the best result that TSLA bulls could’ve reasonably hoped for.

“In our view, the most important Q1 takeaway is this: Tesla didn’t hedge expectations re: launching Robotaxis or lower-priced vehicles in 1H25. With <2 months until the end of June, investors can look forward to some interesting catalysts in the weeks ahead. In our view, this alone should be enough to keep the bears at bay, at least until we have a better idea re: the details of Tesla’s new products, as well as the scale/scope of the Robotaxi launch,” wrote Potter.

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Wedbush Securities’ Dan Ives, a longtime TSLA bull, echoed Potter’s optimism for Tesla. Ives raised his price target for Tesla stock from $315 to $350 with a BUY rating. His Tesla upgrade came after Elon Musk’s announcement during the Q1 earnings call that he would reduce his involvement with DOGE, signaling a sharper focus on Tesla.

Tesla’s steady Q1 performance and unwavering commitment to its 2025 roadmap, including the Robotaxi launch and lower-priced models, bolster investor confidence. Piper Sandler’s analysis underscores Tesla’s ability to navigate a competitive electric vehicle market while advancing its technological edge. The upcoming Robotaxi launch and affordable vehicle introductions are pivotal, with analysts expecting these initiatives to drive stock value through 2025.

As Tesla prepares for these milestones, its stock movement reflects market trust in Musk’s vision. With Piper Sandler and Wedbush reaffirming bullish outlooks, Tesla’s strategic moves will remain under close scrutiny, positioning the company to capitalize on its innovation pipeline in a dynamic industry landscape.

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