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SpaceX’s Japanese Moon lander launch back on the calendar after indefinite delay
Update: After indefinitely delaying ispace’s first Moon lander launch on November 30th to fix unspecified issues with its Falcon 9 rocket, multiple sources indicate that SpaceX has put the mission back on its calendar.
Barring additional issues, the private HAKUTO-R Moon lander is now scheduled to lift off from SpaceX’s Cape Canaveral Space Force Station (CCSFS) LC-40 pad no earlier than (NET) 3:04 am EST (08:04 UTC) on Wednesday, December 7th. The mission’s quick return after just a few days of rework is a good sign that the issue that forced SpaceX to stand down was relatively minor. Simultaneously, SpaceX is moving ahead with plans to launch its first mission for OneWeb – a low Earth orbit satellite Internet provider competing directly with Starlink – less than ten hours prior, at 5:37 pm EST (22:37 UTC) on December 6th.
SpaceX support ship Doug departed Florida’s Port Canaveral on the afternoon of December 4th, likely en route to recover Falcon 9’s payload fairing after its first OneWeb launch. If SpaceX is, in fact, working towards a December 7th launch of HAKUTO-R, twin support ship Bob will likely also head to sea within the next 24 hours.
SpaceX has delayed the launch of Japanese startup ispace’s first Moon lander, HAKUTO-R, from Wednesday to Thursday, December 1st “to allow for additional pre-flight checkouts.”
The mission will be the third Moon launch from US soil in less than four months after SpaceX’s successful launch of the South Korean Pathfinder Lunar Orbiter (KPLO) in August and the debut of NASA’s Space Launch System (SLS) rocket earlier this month. Perhaps more importantly, ispace has the opportunity to become the first company in history to successfully land a privately-developed spacecraft on the Moon, a milestone that would arguably mark the start of a new era of lunar exploration.
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
ispace’s first HAKUTO-R Moon lander is expected to weigh approximately 1050 kilograms (~2300 lb) at liftoff and is designed to land up to 30 kilograms (~66 lb) of cargo on the lunar surface. The lander is made by several commercial partners: ispace has provided most of its design and structures, but Europe’s ArianeGroup supplied all of HAKUTO-R’s engines, plumbing, and propulsion hardware and was responsible for most of the final assembly process.
Because of ArianeGroup’s involvement, it’s likely that HAKUTO-R shares direct heritage with the European Service Module currently powering NASA’s Orion spacecraft on its first mission to the Moon. It also arguably makes the mission more of a collaboration between Europe and Japan than an exclusively Japanese mission, though HAKUTO-R will still technically be Japan’s first private mission to the Moon.
If successful, it could also become the first privately-funded Moon landing in history. But HAKUTO-R can’t claim to be the first private Moon landing attempt, a title held by Israeli company SpaceIL’s ill-fated Beresheet Moon lander. Launched by SpaceX as a rideshare passenger sitting on top of an Indonesian communications satellite, Beresheet propelled itself all the way from geostationary transfer orbit to lunar orbit over the course of about six weeks. Just a minute or so before touchdown, a manual command inadvertently shut down the spacecraft’s propulsion, causing it to impact the surface of the Moon at ~500 kilometers per hour (310 mph) – less than 8% away from a soft landing.
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In September 2019, just five months later, India’s first nationally developed Moon lander got even closer to a successful landing, losing control at a velocity of just 210 km/h (~130 mph) and an altitude of 330 meters (1080 ft). Since the Soviet Union’s 1976 Luna-26 mission, only China’s national space agency (CNSA) has successfully landed on the Moon, completing three landings between 2013 and 2020. The last successful Western Moon landing (Apollo 17; also the last crewed Moon landing) occurred in 1972.
ispace’s ultimate goal is to help facilitate the creation of infrastructure capable of supporting a permanent population of 1000 people on the Moon by 2040. The Japanese startup has privately raised $210 million since it was founded in 2010. In 2022, it won a $73M NASA contract to develop a much larger SERIES-2 vehicle capable of sending either “500 kilograms to the [lunar] surface or as much as 2000 kilograms to lunar orbit.” SERIES-2 will be developed out of ispace’s US branch instead of its Japanese headquarters.
HAKUTO-R will carry seven payloads:
- A solid-state battery for ispace corporate partner NGK SPARK PLUG CO
- A Moon rover (Rashid) for the United Arab Emirates space agency
- JAXA’s transformable lunar robot
- A Canadian Space Agency flight computer prototype
- A camera system built by Canda’s Canadensys
- A panel engraved with the names of HAKUTO’s crowdfunding supporters
- A music disc containing Japanese rock band Sakanaction’s song “SORATO”
In addition to HAKUTO-R, SpaceX’s Falcon 9 rocket will simultaneously launch the NASA Jet Propulsion Laboratory’s (JPL) Lunar Flashflight ice surveyor as a rideshare payload. After launch, Lunar Flashlight will attempt to enter an elliptical lunar orbit and use an infrared laser to (invisibly) illuminate the surface of craters that have been in shadow for millions of years. The way the surface reflects that laser light will allow the spacecraft to prospect for water ice deposits that could one day be mined and converted into rocket propellant.
Tune in below around 3:20 am EST (08:25 UTC) on Thursday, December 1st to watch SpaceX launch Japan’s first privately-developed Moon lander.
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Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX reports beat in first earnings while minimizing losses
