News
SpaceX’s Falcon 9 rideshare program secures its first customer
On August 22nd, spaceflight startup Momentus Space and launch heavyweight SpaceX announced the first public launch contract to fall under the umbrella of the latter company’s recently-announced Satellite Rideshare Program.
Meant to provide a reliable, consistent, and affordable form of shuttle-like access to orbit, SpaceX’s rideshare program will – pending demand – involve no less than one dedicated Falcon 9 launch per year, capable of placing 15+ metric tons (33,000+ lbs) into low Earth orbit. Although SpaceX’s rideshare proposal is far from revolutionary, the company’s contract with Momentus Space appears to be more than a basic launch service agreement, potentially opening doors for far more flexible rideshare launches in the future.
Since its November 2017 founding, Momentus Space has been able to put money where its mouth is far more so than any comparable space tug hopeful, of which there are several. The concept that has helped Momentus raise nearly $34M in just 1.5 years is relatively simple: build a spacecraft whose sole purpose is to propel other spacecraft to their final orbit(s).
Known as a space tug, the concept is about as old as practical spaceflight itself, and interest in actually developing the concept from paper to hardware has grown exponentially in the last 5-10 years, thanks in large part to an unprecedented boom in commercial spaceflight activity. Applied more specifically, modern efforts like Momentus tend to have ambitious goals couched behind much more achievable (and marketable) concepts.
Momentus Space’s first goal is to bridge the gap between the low cost of smallsat rideshare missions on large rockets and the convenience of smallsat launches on much smaller rockets by building lightweight, simple, and cheap orbital tugs. The first tug the company wants to field is called Vigoride and will measure approximately 2ft x 2ft (0.4m²) and weigh just 80 kg (175 lb) fully fueled. If launched to a 600 km (370 mi) sun-synchronous orbit (SSO), Vigoride will be able to deliver as much as 220 kg (~500 lb) to a final circular orbit of ~1500 km (930 mi) or place 250 kg (550 lb) of satellites into 10+ separate orbits.
Water plasma rockets (!?)
By far the most innovative and potentially revolutionary aspect of Momentus’ plans is its custom propulsion system of choice: water plasma rockets. In simple terms, Momentus space tugs would quite literally turn water and sunlight into a method of in-space propulsion that can offer both moderate efficiency and relatively high thrust. Using solar arrays, the space tug would charge batteries that would then power an extremely high-power microwave electrothermal thruster (MET).
In the case of Momentus, the exotic form of propulsion uses microwaves to almost instantaneously turn liquid water into plasma, an ionized, electrically-charged gas that can then be directed with a magnetic nozzle to produce thrust. Aside from the decent performance it offers, water-based MET allows a given satellite to completely avoid heavy pressure vessels, doesn’t require extremely high voltages, and uses a fully non-toxic propellant (water).
The fact that pure water is so incredibly benign, non-toxic, and accessible opens up a realm of possibilities. Momentus already has plans to launch Vigorides from the International Space Station, and that could eventually expand into actual in-space reuse in which water-powered satellites might dock with the ISS to load more water and pick up new payloads.
In the case of SpaceX, it appears that the company has inked a more two-way agreement with Momentus, in the sense that prospective customers of SpaceX’s Satellite Rideshare Program might actually be able to arrange for their satellites to be included on Vigoride. Vigoride would then be able to deliver each payload – up to 250 kg worth – to its own orbit, potentially far more convenient than simply being kicked off at a lone orbital bus stop. As Momentus matures its technology and moves from Vigoride to Vigoride Extended and beyond, a partnership with SpaceX’s Satellite Rideshare Program could grow into an almost unbeatable turnkey option for the smallsat industry.
Momentus took its first major step towards building capable and marketable space tugs in July 2019 when the company launched X1, its first orbit-worthy satellite prototype. Although the company has been dead silent as to the actual status of that prototype, even a failure would still serve as an invaluable learning opportunity, even if it would be an inconvenient setback. Vigoride’s first test flight was planned as early as late 2019, although the status of that schedule is uncertain.
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News
Tesla broadens most-wanted Model Y to eight new markets
This rollout targets Asia’s booming EV adoption, driven by family buyers seeking practicality without sacrificing performance or luxury. It positions Tesla against rising local competitors offering affordable three-row options.
Tesla has broadened the availability of the most-wanted Model Y trim to eight new Asian markets, expanding the footprint of what is one of the most highly requested vehicle configurations in the U.S.
Tesla has officially launched ordering for the Model Y L, its long-wheelbase six-seater electric SUV, across eight key Asian territories: Japan, South Korea, Hong Kong, Macau, Singapore, Thailand, Malaysia, and the Philippines.
The announcement signals a major expansion for the family-oriented variant first introduced in China in August 2025. In Thailand, Malaysia, and the Philippines, the vehicle had already been previewed at several motor shows, so fans in the area were familiar with the Model Y L and its distinct differences to the standard-sized trims.
🚨 Tesla has launched the Model Y L for order in eight new Asian territories:
– Japan
– South Korea
– Hong Kong
– Macau
– Singapore
– Thailand (previously unveiled at the Bangkok International Motor Show)
– Malaysia (previously unveiled)
– Philippines (previously unveiled) pic.twitter.com/PidNwRxuEU— TESLARATI (@Teslarati) April 3, 2026
Local pricing reflects taxes, incentives, and import duties. Malaysia estimates RM260,000 with Q2 2026 deliveries; Singapore lists S$248,999 (including COE); Macau prices at 398,750 patacas. Similar competitive positioning is expected in Japan, South Korea, Hong Kong, Thailand, and the Philippines, where the Model Y L undercuts many traditional three-row SUVs while offering full EV benefits.
This rollout targets Asia’s booming EV adoption, driven by family buyers seeking practicality without sacrificing performance or luxury. It positions Tesla against rising local competitors offering affordable three-row options.
Notably, the Model Y L remains unavailable in the U.S. market, where demand for a stretched Model Y has been high. Although CEO Elon Musk said that something “way cooler than a minivan” is on the way in the U.S., the dimensions of the Model Y L simply fit the needs of many American families.
Elon Musk says Tesla is developing a new vehicle: ‘Way cooler than a minivan’
The Model Y L stands out with its stretched dimensions: 4,976 mm long and a 3,040 mm wheelbase—179 mm and 150 mm longer, respectively, than the standard Model Y. Height increases slightly to 1,668 mm, creating a true three-row, 2+2+2 layout with individual captain’s chairs in the second row for easier third-row access.
Maximum cargo capacity reaches 2,539 liters with seats folded, making it ideal for growing families or those needing versatile space in dense urban environments. But it’s not just a grocery-getter or a kid-hauler: The performance matches Tesla’s reputation.
Dual-motor all-wheel drive delivers 0-100 km/h acceleration in about 5.0 seconds (or 4.5 seconds in some market specs), with a top speed of 201 km/h. The vehicle boasts a WLTP-rated range of up to 681 km, supported by an approximately 88-97 kWh battery pack (market-dependent) and 250 kW DC fast charging.
With deliveries slated for Q2 2026 and strong early interest mirroring China’s rapid pre-orders, the Model Y L could become a bestseller in these dynamic markets. Tesla’s targeted expansion essentially generalizes its commitment to tailoring vehicles to regional needs while advancing sustainable mobility across Asia.
Lifestyle
Tesla hit by Iranian missile debris in Israel
A Tesla in Israel absorbed a direct hit from missile debris, and the glassroof held.
On March 30, 2026, Lara Shusterman was in Netanya, Israel when Iranian ballistic missiles triggered air raid sirens across the city. While she remained in safety, her 2024 Tesla Model Y did not escape untouched. A heavy piece of missile debris struck the car’s massive glass roof, leaving a deep crater but without shattering. In a Facebook post to the Tesla Israel community the following morning, Shusterman described what happened: “The glass did not shatter into dangerous shards. She stopped the damage and pushed the metal part to the ground.” She closed by thanking Elon Musk and the Tesla team for building what she called “security and a sense of trust even in extreme situations.”
Netanya is a coastal city in central Israel, roughly 18 miles north of Tel Aviv and has been among the areas most frequently struck during Iran’s ongoing missile campaign, following coordinated U.S. and Israeli strikes on Iranian military infrastructure. Falling shrapnel from intercepted missiles is a common occurrence.
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- Tesla Model Y glass roof shattered from a piece of falling Iranian missile debris
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- A piece of Iranian missile debris that struck Lara Shusterman’s Tesla Model Y in Netanya, Israel on March 30, 2026, after being intercepted by Israeli air defenses.
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- Tesla Model Y glass roof shattered from a piece of falling Iranian missile debris
Source: Tesla Israel Facebook Group
The incident is a testament to Tesla’s structural engineering. Tesla’s glass roof is designed to support over four times the vehicle’s own weight. That strength has shown up in real-world accidents too. In 2021, a Model Y in California was struck by a falling tree during a storm, with the glass roof holding firm and the cabin remaining intact. In another widely reported incident, a Tesla Model Y plunged 250 feet off the cliff at Devil’s Slide in California in January 2023, with all four occupants, including two young children, surviving.
Disturbing details about Tesla’s 250-foot cliff drop emerge amid initial investigation
Tesla officially launched sales in Israel in early 2021 and captured over 60 percent of Israel’s EV market in the first year. The brand’s foothold in Israel remains significant. Tens of thousands of Teslas are now on Israeli roads, making incidents like Shusterman’s easy to corroborate. On the same week her Model Y took the hit, the U.S. Space Force awarded SpaceX a $178.5 million contract to launch missile tracking satellites, a separate but fitting reminder of how intertwined the Musk ecosystem has become with the realities of modern conflict.
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Tesla broadens most-wanted Model Y to eight new markets
Tesla hit by Iranian missile debris in Israel
