News
SpaceX fires up rocket for second NASA spacecraft launch in two weeks
SpaceX says it has successfully static fired Falcon 9 ahead of the company’s second scientific NASA spacecraft launch in just two weeks.
On November 24th, SpaceX successfully launched the small Double Asteroid Redirection Test (DART) spacecraft, marking Falcon 9’s first direct interplanetary launch and the rocket’s first flight-proven mission for NASA’s Launch Service Program (LSP). Now, as early as 1am EST (06:00 UTC) on Thursday, December 9th, SpaceX is on track to launch an even tinier NASA spacecraft known as the Imaging X-ray Polarimetry Explorer or IXPE. A telescope designed to survey some of the most extreme environments in the known universe, IXPE was originally meant to launch on the small but expensive and oft-delayed Pegasus XL rocket and weighs about 325 kilograms (720 lb) as a result.
Instead, in mid-2019, SpaceX effectively stole NASA’s IXPE launch contract out from under Orbital ATK in the midst of chronic delays of a different Pegasus XL NASA mission, bidding just over $50 million to launch the smallsat on Falcon 9. Some two years behind schedule when it finally completed the mission, Pegasus XL ultimately launched NASA’s similarly small ICON spacecraft in October 2019 for the equivalent of ~$66 million in 2021
In other words, SpaceX is charging NASA less than Orbital ATK charged to launch ICON on a rocket capable of delivering 600 kg (~1300 lb) to low Earth orbit (LEO) to launch IXPE on a rocket capable of launching about 16,000 kg (~35,000 lb) to the same orbit. Even then, despite Falcon 9’s comparatively dirt-cheap pricing relative to the performance it offers, the IXPE launch should still be profitable for SpaceX. In the recent past, CEO Elon Musk and a few other executives have indicated that the cost to SpaceX to launch a flight-proven Falcon 9 is between $15 million and $28 million depending on how costs are measured.
That is to say that even at $50M, SpaceX has plenty of breathing room to drop launch costs even further if it ever runs into actual competitive pressure. Since the first booster recovery in December 2015 and the first booster reuse in March 2017, Falcon 9 is still the world’s only reusable orbital-class rocket. IXPE is the latest in a line of NASA missions to benefit from SpaceX’s unprecedented private expertise and the company has assigned Falcon 9 booster B1061 to launch the ~$140M spacecraft.
The booster has currently launched eight astronauts, three Dragons, and one large geostationary communications satellite in its four-launch, 13-month career and IXPE will be the booster’s fifth spaceflight and orbital-class launch since November 2020. It will also be the smallest dedicated payload a Falcon 9 rocket has ever launched by a large margin, making for a very empty payload fairing at liftoff.
On December 4th, SpaceX successfully performed a launch rehearsal, fully fueling Falcon 9 B1061 and a new upper stage and briefly firing up the booster’s nine Merlin 1D engines to verify that the vehicle is ready for flight. The company has since brought Falcon 9 horizontal and rolled it back into Kennedy Space Center (KSC) Pad 39A’s main hangar, where the rocket’s payload fairing – containing IXPE – will be attached to the rest of the stack. IXPE will be SpaceX’s 28th launch in 2021 (a new record) and is the second of four or five East Coast Falcon 9 launches planned this December.
Read more about the IXPE spacecraft and its mission to observe black holes, dead stars, and other bizarre phenomena here.
Elon Musk
SpaceX issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
SpaceX issues statement on Starship V3 Booster 18 anomaly
Tesla analyst maintains $500 PT, says FSD drives better than humans now
