News
SpaceX’s internet satellites have an official name: Starlink
The satellite constellation may also compete with Earth imaging companies and include scientific instruments
Trademark filings have been unearthed by members of the SpaceX subreddit that suggest that the company’s satellite internet constellation will be named Starlink. Previously discussed on Teslarati, recent developments during the process of attaining regulatory permissions could pose a major hurdle for SpaceX’s broadband constellation. Implications of FCC filings aside, SpaceX may still launch its first test satellites later this year. The company has dozens of job openings under “Satellite Development” in the states of Washington and California as of September 18.
The trademark filings, which can be found through the U.S. Patent Office’s Trademark Electronic Search
An unofficial logo designed by the author for SpaceX’s Starlink project. (Eric Ralph/Teslarati)
System (TESS), also hint that SpaceX may expand the potential uses of their satellite constellation into markets for scientific data and persistent Earth imaging. The last several years have seen a meteoric rise in demand for Earth imaging services from the likes of Digital Globe, Planet Labs (which now owns Terra Bella), BlackSky, Urthecast (which acquired Deimos Imaging), and many others. Other companies like Spire hope to capitalize on the benefits of smaller satellites in order to revolutionize weather data and forecasting, as well as global aircraft and boat tracking.
Even if SpaceX ultimately chose to include imaging hardware and scientific instruments on a fraction of the 4,425 satellites intended to comprise their preliminary LEO constellation, the unique nature and sheer scale of SpaceX’s satellite mesh network would make it difficult to compete with. In fact, the mesh network itself could also become a sought-after product for third-party companies, if SpaceX chose to allow access to it.
SpaceX’s broadband constellation has long been expected to utilize optical (laser-based) inter-satellite communications to form a “mesh network” in orbit. Aside from morphing each individual satellite into a flexible communications node, the very existence of an orbital, ground-connected network of thousands of satellites could open the utility of easy space-to-ground communication to any customers willing and able to pay for access. Ground stations often become a primary concern and issue for companies engaged in developing satellite communications, with a vast sea of often unique regulations that must be dealt with. SpaceX’s goal is to provide access to its broadband constellation with nothing more than a pizza-box sized antenna placed on the customer’s roof, a far cry from the large, expensive, and heavily-regulated radio antenna installations that companies like Planet Labs use to serve their customers.
SpaceX’s BFS (“Big Falcon Spaceship”) will require a stable communications network to maintain contact with Earth.(SpaceX)
Farther in the future, a thoroughly-tested orbital platform for communications, ground imagery, and scientific observations could and likely will prove invaluable for SpaceX’s ultimate goal of creating and supporting a permanent human presence on Mars. As of late, NASA has been playing fast and loose with the long-term maintenance of its planetary exploration infrastructure, particularly regarding the future of Earth-Mars communications. Between ESA, China, NASA, and Russia, multiple new Martian landers and orbiters are expected to arrive at the Red Planet over the next decade, and the large amount of data produced by the Curiosity and Opportunity rovers, as well as Mars orbiters, strains the communications infrastructure used for transmitting data back to Earth.
By developing and administrating a communications network between Mars and Earth, SpaceX could gain deep spaceflight experience, allow NASA to more directly focus on science and planetary exploration, and also facilitate the construction of an interplanetary communications foundation SpaceX will need if it hopes to develop a human presence on Mars. In fact, Musk briefly revealed that SpaceX was working with NASA on “Mars communications” at the ISS R&D Conference earlier this year.
Regardless of its potential uses around Mars, SpaceX’s Starlink broadband satellite constellation could revolutionize internet access on Earth and provide SpaceX the resources it needs to develop Mars colonization hardware. Details about the satellite constellation will likely be provided when Elon Musk speaks at this year’s International Astronautical Congress.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
