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SpaceX nails reused booster launch, Falcon Heavy’s maiden flight days away
Despite a brief 24-hour delay due to weather and minor mechanical issues, SpaceX recycled the launch opportunity and completed the mission on Wednesday afternoon, January 31. Tasked with carrying GovSat-1 to orbit, the reused Falcon 9 rocket (Booster 1032) performed flawlessly and as expected, although the stage was expended. Launch directors confirmed just before the end of the live webcast that the communications satellite, a public-private partnership between SES and Luxembourg, was placed into a good orbit a few minutes before it separated from Falcon 9’s second stage. The mission marks SpaceX’s second successful launch of 2018, its first reused flight of the year, and the last launch before Falcon Heavy’s inaugural flight – currently scheduled for Tuesday, February 6.
Perhaps most intriguingly (or at least uniquely), the to-be-expended booster was still seen outfitted with both grid fins and landing legs at the launch pad, the new legs a stark white against the dark and sooty backdrop of the Falcon 9’s recycled booster. While SpaceX’s webcast host very explicitly stated at least three times that the first stage was not going to be recovered, careful listeners may have still caught snippets of the launch and recovery directors announcing different milestones as Falcon 9 S1 landed softly in the Atlantic Ocean. Similar to the recovery operations after the launch of Iridium-4 in December 2018, S1 flew as if it were landing aboard a drone ship, although in the case of this launch that theatricality extended even to landing legs.
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- Falcon 9 venting before liftoff. (Tom Cross)
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- We have liftoff! (Tom Cross)
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- (Tom Cross)
While it may seem quite odd that SpaceX would choose to expend an entire, recoverable rocket, it is presumed that SpaceX is simply choosing to rid itself of a stock of older boosters incapable of flying more than once or twice – preparing for the introduction of the highly reusable Block 5 of Falcon 9, in other words. As stated by the webcast host, a SpaceX engineer, the company’s goal is for boosters to last “tens of launches in the short term, and hundreds or thousands of launches in the long term.” It is worth remembering that expending rocket boosters in the ocean (or even over land for Russia and China) is the status quo of all non-SpaceX rockets, and SpaceX has only just begun to perfect booster recovery and reuse – the first successful ocean recovery was completed less than two years ago. The very fact that it already feels odd or even wrong to “throw away” hardware into the ocean after launch is a testament to just how rapidly SpaceX have changed both the figurative and literal paradigms of orbital rocketry, and it is only a matter of time before the eminently persistent company ends the practice of expendable launches internally, if not globally.
Up next, Falcon Heavy
After yet another successful mission for SpaceX, the company’s Florida efforts will now briefly focus on the imminent inaugural launch of Falcon Heavy, the company’s newest and largest rocket. Loosely penciled in for liftoff on Tuesday, February 6, the massive vehicle will become the most powerful and capable operational rocket in the world, comparable only to the likes of NASA’s Saturn V and Space Shuttle, as well as the Soviet Union’s short-lived Energia. Regardless of its place against a historical backdrop of massive state-funded rockets, Falcon Heavy will by default become the most powerful commercial launch vehicle ever developed, and that title will almost certainly remain uncontested until 2020 at the absolute earliest. If or when the first and smallest version of NASA’s SLS rocket launches, likely also no earlier than 2020, the space agency may well take the crown back for a brief year or so. Regardless, SpaceX will likely be regularly launching Falcon Heavies and nearing the tail end of the development and testing of its much larger BFR rocket and spaceship.
Falcon Heavy will be the clearest progress yet towards such a massive rocket, and will provide SpaceX with invaluable experience and expertise as the only private company to ever operate a super heavy-lift launch vehicle (SHLLV). After a solid four weeks of near-constant testing, bug-fixing, and retesting, Falcon Heavy just days ago completed its first static fire, marking the first point in its history that all 27 of its first stage engines were simultaneously ignited. The data produced by that crucial test was apparently satisfactory, and Elon Musk just yesterday reiterated that the vehicle’s first launch was still targeting February 6.
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- Paper rocket, meet the real deal. (SpaceX)
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- Falcon Heavy and Falcon 9 in the distance, a tour de force of SpaceX’s breadth of accomplishment. (SpaceX)
Follow along live as launch photographer Tom Cross and your intrepid author cover these groundbreaking events live.
Teslarati – Instagram – Twitter
Tom Cross – Instagram
Eric Ralph – Twitter
Elon Musk
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.
News
Tesla Cybercab sighting confirms one highly requested feature
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
A recent sighting of Tesla’s Cybercab prototype in Chicago appears to confirm a long-requested feature for the autonomous two-seater.
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
The Cybercab’s camera washer
The Cybercab prototype in question was sighted in Chicago, and its image was shared widely on social media. While the autonomous two-seater itself was visibly dirty, its rear camera area stood out as noticeably cleaner than the rest of the car. Traces of water were also visible on the trunk. This suggested that the Cybercab is equipped with a rear camera washer.
As noted by Model Y owner and industry watcher Sawyer Merritt, a rear camera washer is a feature many Tesla owners have requested for years, particularly in snowy or wet regions where camera obstruction can affect visibility and the performance of systems like Full Self-Driving (FSD).
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip the Cybercab’s other external cameras with similar cleaning systems. Given the vehicle’s fully autonomous design, redundant visibility safeguards would be a logical inclusion.
The Cybercab in Tesla’s autonomous world
The Cybercab is Tesla’s first purpose-built autonomous ride-hailing vehicle, and it is expected to enter production later this year. The vehicle was unveiled in October 2024 at the “We, Robot” event in Los Angeles, and it is expected to be a major growth driver for Tesla as it continues its transition toward an AI- and robotics-focused company. The Cybercab will not include a steering wheel or pedals and is intended to carry one or two passengers per trip, a decision Tesla says reflects real-world ride-hailing usage data.
The Cybercab is also expected to feature in-vehicle entertainment through its center touchscreen, wireless charging, and other rider-focused amenities. Musk has also hinted that the vehicle includes far more innovation than is immediately apparent, stating on X that “there is so much to this car that is not obvious on the surface.”
News
Tesla seen as early winner as Canada reopens door to China-made EVs
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y.
Tesla seems poised to be an early beneficiary of Canada’s decision to reopen imports of Chinese-made electric vehicles, following the removal of a 100% tariff that halted shipments last year.
Thanks to Giga Shanghai’s capability to produce Canadian-spec vehicles, it might only be a matter of time before Tesla is able to export vehicles to Canada from China once more.
Under the new U.S.–Canada trade agreement, Canada will allow up to 49,000 vehicles per year to be imported from China at a 6.1% tariff, with the quota potentially rising to 70,000 units within five years, according to Prime Minister Mark Carney.
Half of the initial quota is reserved for vehicles priced under CAD 35,000, a threshold above current Tesla models, though the electric vehicle maker could still benefit from the rule change, as noted in a Reuters report.
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y. That year, Tesla began shipping vehicles from Shanghai to Canada, contributing to a sharp 460% year-over-year increase in China-built vehicle imports through Vancouver.
When Ottawa imposed a 100% tariff in 2024, however, Tesla halted those shipments and shifted Canadian supply to its U.S. and Berlin factories. With tariffs now reduced, Tesla could quickly resume China-to-Canada exports.
Beyond manufacturing flexibility, Tesla could also benefit from its established retail presence in Canada. The automaker operates 39 stores across Canada, while Chinese brands like BYD and Nio have yet to enter the Canadian market directly. Tesla’s relatively small lineup, which is comprised of four core models plus the Cybertruck, allows it to move faster on marketing and logistics than competitors with broader portfolios.
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
Tesla Cybercab sighting confirms one highly requested feature
