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SpaceX sends OneWeb satellites to orbit on 55th launch of 2022
SpaceX has successfully launched the first of at least three missions for Starlink competitor OneWeb, completing its 55th launch of the year in the process.
Hopefully ending a strange series of delays that began last month, Falcon 9 lifted off from SpaceX’s NASA Kennedy Space Center LC-39A pad several days behind schedule on December 8th, 2022. The rocket performed perfectly, ascending for about nine minutes to reach a parking orbit around 400 kilometers (~300 mi) above Earth’s surface. B1069, Falcon 9’s flight-proven booster, shut down, separated from the upper stage, flipped around with cold-gas thrusters, and began boosting back to the Florida coast two and a half minutes after liftoff.
Thanks to the launch’s timing, which happened moments after sunset, B1069 first experienced sunset on the ground, ascended back into the light after liftoff, and finally experienced a second sunset while racing back to Earth – all beautifully captured by SpaceX tracking cameras. Eight minutes after liftoff, the Falcon 9 booster touched down on SpaceX’s LZ-1 landing pad, completing its fourth orbital-class launch in 12 months. Around the same time, Falcon 9’s upper stage reached orbit.
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
An hour after liftoff, the upper stage ignited a second time to circularize its parking orbit. Its payload – a record 40 OneWeb satellites weighing roughly 6.5 metric tons (~14,300 lb) – was then deployed in two sets of 13 and one set of 14 over the next half hour, after which the upper stage likely performed a deorbit burn to ensure it doesn’t become space debris.
For its own Starlink internet constellation, SpaceX routinely launches 54+ satellites – weighing almost 17 tons (~37,000 lb) – at once, demonstrating the kind of efficiency that can be achieved when a satellite is explicitly designed to use as much of Falcon 9’s performance as possible. To some extent, OneWeb did something similar, but for a different rocket. OneWeb’s far more traditional 150-kilogram (~330 lb) satellites were loosely designed to launch on Russia’s Soyuz 2.1 after the company purchased up to 21 of the rockets for $1-1.5 billion in 2015.
But their more traditional hollow-box design and traditional cylindrical payload dispenser means they take up as much or more space than Starlink satellites despite weighing 50-100% less. OneWeb says each satellite provides up to 7 gigabits per second (Gbps) of bandwidth, while each Starlink V1 satellite appears to have about 20 Gbps.
As previously discussed on Teslarati, OneWeb directly competes with SpaceX’s far larger Starlink internet constellation, and refused to engage with the company for launch services – even though Falcon 9 could have likely deployed its satellites more quickly and efficiently – until it was forced to.
“The only reason OneWeb agreed to launch a small subset of its first-generation satellites on SpaceX rockets was a series of egregious actions from Russia that made the pair’s exclusive arrangement too toxic to continue. In June 2015, just 16 months after Russia illegally invaded Ukraine’s Crimea and Donbas regions, OneWeb chose to tie itself at the hip to the unstable aggressor with a firm $1-1.5 billion contract that committed the entirety of its first satellite constellation to 21 Russian Soyuz rockets.
OneWeb nearly escaped consequences from that dubious decision. But in February 2022, Russia doubled down on eight years of small-scale war and Ukrainian occupation with a full-scale, gloves-off invasion with explicit genocidal intent. Europe eventually responded in part with economic sanctions and military supplies that Russia did not appreciate. In response, Russia took a batch of 36 OneWeb satellites hostage, stole the Soyuz rocket OneWeb had already paid for, and killed any possibility of the company completing the six or seven Soyuz launches left under its Arianespace contract. In September 2022, OneWeb announced that it had written off a loss of $229 million as a result of those stolen satellites and rockets.”
Teslarati.com — December 6th, 2022
OneWeb was thus forced to either accept major delays while waiting for European launch options or look elsewhere. OneWeb was able to secure two contracts for India LVM3 rockets, each carrying 36 satellites, but the company chose SpaceX – the only Western launch provider in the world with large amounts of near-term capacity to spare – to launch three batches of 40 satellites.
After its first SpaceX launch, OneWeb should have 500 working satellites in orbit. Another LVM3 launch and two Falcon 9 launches should leave the company with 616 of 648 planned satellites in orbit. It’s unclear how OneWeb intends to launch the 32 remaining satellites.
OneWeb Flight 15 was SpaceX’s 55th successful launch of 2022, leaving the company just five launches away from achieving a 60-launch target set by CEO Elon Musk in March. Following an unintentional 12-day gap between launches caused by several delays, it’s no longer clear if SpaceX can hit that target. SpaceX has never launched later than December 23rd, and it’s extremely unlikely that the company will be able to launch five more times in the next 15 days. Even if it can break through that apparent barrier, it’s also almost impossible to imagine that SpaceX will be able to launch five more times before the end of the year if each mission continues to suffer days or weeks of technical delays.
Originally scheduled to lift off on November 22nd, 29th, 30th, and December 7th, SpaceX’s next mission – carrying a private Japanese Moon lander – is scheduled to launch no earlier than December 11th. After HAKUTO-R, Spaceflight Now reports that SpaceX has another four launches tentatively scheduled this month.
Rewatch SpaceX’s first OneWeb launch here.
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
