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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
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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.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
