Connect with us

News

SpaceX nails reused booster launch, Falcon Heavy’s maiden flight days away

Published

on

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.

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.

Advertisement

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.

Follow along live as launch photographer Tom Cross and your intrepid author cover these groundbreaking events live.

Teslarati   –   Instagram Twitter

Tom CrossInstagram

Advertisement

Eric Ralph Twitter

 

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

Advertisement
Comments

Elon Musk

SpaceX considering confidential IPO filing this March: report

The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.

Published

on

Credit: SpaceX/X

SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.

The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter. 

As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.

SpaceX did not immediately respond to requests for comment.

Advertisement

A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.

Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.

Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.

At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.

Advertisement

The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.

Continue Reading

Elon Musk

Elon Musk hints Tesla investors will be rewarded heavily

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.

Published

on

Credit: Grok

Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.

Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.

Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.

Musk said in the interview:

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”

It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.

However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.

  • Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
  • Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
  • Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
  • Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release

These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.

Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.

She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.

Continue Reading

Cybertruck

Tesla drops latest hint that new Cybertruck trim is selling like hotcakes

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

Published

on

(Credit: Tesla)

Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.

The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.

Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.

That points more toward demand and not necessarily to slower production plans, but it is not confirmed.

Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says

Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.

It features:

  • Dual Motor AWD w/ est. 325 mi of range
  • Powered tonneau cover
  • Bed outlets (2x 120V + 1x 240V) & Powershare capability
  • Coil springs w/ adaptive damping
  • Heated first-row seats w/ textile material that is easy to clean
  • Steer-by-wire & Four Wheel Steering
  • 6’ x 4’ composite bed
  • Towing capacity of up to 7,500 lbs
  • Powered frunk

Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.

Continue Reading