News
NASA chooses SpaceX to launch a self-propelled space station to the Moon
Days after SpaceX won a NASA contract to launch a galaxy-mapping space telescope, the space agency has selected Falcon Heavy to launch a small space station to the Moon some four years from now.
Loosely known as Gateway, NASA and a few of its ‘centers’ have been floating the concept for years – partially on its merits as a potential platform to dip toes into crewed deep spaceflight and explore the Moon but mostly as a way to give the bloated Space Launch System (SLS) rocket and Orion spacecraft a destination for destination’s sake. Weighed down by an extremely inefficient European Service Module (ESM), NASA couldn’t use Orion to replicate its famous Apollo Moon missions if it wanted to.
Lacking the necessary performance to safely place Orion and its astronauts into the Low Lunar Orbit (LLO) optimal for a new round of crewed Moon landings, Orion/ESM on its own is limited to higher, more exotic lunar orbits with less immediate value. As a result, NASA’s Lunar Gateway will be delivered to a “near-rectilinear halo orbit” (NRHO) where it will orbit the Moon’s poles at altitudes between 3,000 and 70,000 kilometers (1,900-43,000 mi).

Bureaucratic machinations and sunk-cost fallacies aside, any space station orbiting the Moon would be an impressive technical feat and an undoubtedly exciting venture. NASA says SpaceX’s combined Power and Propulsion Element and Habitation and Logistics Outpost (PPE/HALO) Falcon Heavy launch contract will ultimately cost approximately $332 million, although that figure includes vague “other mission-related costs” that could have nothing to do with SpaceX and be separate from the company’s actual launch services.
Less than a year ago, NASA awarded SpaceX $117 million to launch Psyche – a scientific spacecraft with an overall cost similar to PPE/HALO – on Falcon Heavy.

Possibly contributing to the unusually high cost is the fact that Falcon Heavy will need a stretched payload SpaceX is already working on for the US military to launch the massive PPE/HALO stack, which will stand around 15 meters (50 ft) tall and weigh ~14 metric tons (~31,000 lb) when combined. While heavy, that payload mass is somewhat mundane for SpaceX, which has launched 17 16-metric-ton batches of Starlink satellites since November 2019.
What isn’t mundane for SpaceX is launching such a large payload beyond Starlink’s low Earth orbit (LEO) destination. According to a virtual presentation recently given by a Northrop Grumman HALO engineer, PPE/HALO will be delivered to an elliptical orbit similar but lower than the geostationary transfer orbit (GTO; ~250 km by ~36,000 km) traditional for commercial communications satellites.

That low target orbit thankfully means that PPE/HALO wont be SpaceX’s first fully expendable Falcon Heavy launch. Depending on how far below GTO NASA is willing to accept, SpaceX could potentially launch PPE/HALO and attempt to land all three first boosters at sea, a configuration that leaves enough performance to send 10 metric tons to GTO. If SpaceX proposed Falcon Heavy with an expendable center core, the rocket could feasibly launch PPE/HALO beyond GTO, cutting the amount of time it would take for PPE to slowly spiral out to the Moon with its electric thrusters.
NASA says the launch is scheduled no earlier than (NET) May 2024 – decidedly optimistic given that the space agency has yet to even award HALO’s production contract.
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.