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SpaceX’s next Falcon Heavy launch on track to carry multiple military satellites
According to one of the US Space Force 44 (USSF-44) mission’s satellite providers, SpaceX’s next Falcon Heavy launch remains on track for late 2020 and will apparently be carrying more than one military satellite to orbit.
Successfully launched just 73 days apart in April and June 2019, SpaceX already has two twice-flown Falcon Heavy side boosters in storage somewhere in Cape Canaveral, Florida, raising the possibility that one or several of the rocket’s next launches could reuse those some boosters. However, NASASpaceflight.com has already confirmed that all three Falcon Heavy Flight 4 boosters will be new, likely representing 25-30%+ of all of SpaceX’s 2020 booster production output.
That also means that publicly-visible Falcon Heavy Flight 4 launch preparations will start much sooner than later as SpaceX works to ship its new boosters from its Hawthorne, California factory to McGregor, Texas for routine acceptance testing and finally to launch facilities in Florida.
Based on SpaceX’s first Falcon Heavy Block 5 launch, completed on April 11th, 2019, the next rocket’s three new boosters should begin arriving in Florida by mid-2020 – perhaps just a month or two from now. Prior to Arabsat 6A’s commercial Falcon Heavy launch debut, the first of the rocket’s boosters completed acceptance testing in McGregor, Texas and arrived at Kennedy Space Center (KSC) around mid-December 2018 – a bit less than four months before liftoff.
Per NASASpaceflight’s confirmation that all-new boosters are assigned to USSF-44, it’s also true that the mission will mark the second time SpaceX has completed serial production and delivery of a complete Falcon Heavy rocket. With that first-time pathfinder run already behind SpaceX thanks to its April 2019 Arabsat 6A launch, it’s likely that manufacturing and acceptance testing will be much more streamlined, while also reducing the amount of time it will take the rocket to go from Florida arrival to lift-off.
USSF-44 is on track to become SpaceX’s first operational Falcon Heavy launch for the US government some 15-18 months after the company successfully completed STP-2 – a certification test flight for the US Air Force – in June 2019. While some work reportedly remains before SpaceX’s super heavy-lift rocket can be considered fully certified for high-value US military launches, Millenium Space’s April 21st update states that Falcon Heavy’s USSF-44 mission is still on track to “launch in late 2020”.
Given that SpaceX is likely in the midst of Falcon Heavy Flight 4 booster production and could begin delivering hardware to Florida just 2-3 months from now, Millenium Space’s comment strongly implies that launch preparations are proceeding smoothly. If SpaceX still needs to complete one or several certification milestones, both it and the US military clearly have a firm plan and are confident that Falcon Heavy can be certified by Q4 2020.
SpaceX also appears to be supporting the US military’s relatively frequent addition of small secondary satellites – often prototypes meant to test new technologies or strategies – on large launches. Whether SpaceX will add secondary dispensers to the rocket’s upper stage or the ~3.7 metric ton (~8200 lb) USSF-44 satellite deploys them itself remains to be seen, but the mission will carry at least one other passenger (TETRA-1). If past US military launches are anything to go by, at least one or two other smaller satellites may also hitch a ride on Falcon Heavy later this year.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
