News
SpaceX wraps up Falcon 9 launch, sends drone ship to sea for the next one
SpaceX’s two East Coast drone ships have passed each other by as one returned from the company’s most recent Falcon 9 launch and the other headed to sea for the next one.
An unsurprising consequence of SpaceX’s extraordinary 2022 launch cadence goal, it just so happened that the company’s next launch was scheduled such that the upcoming Starlink mission’s drone ship left Port Canaveral at almost the exact moment that another drone ship was returning from its last launch. The timing was so perfect that the two converted barges sailed past each other just a thousand or so feet apart and just a few thousand feet outside of the mouth of the port both call home.
Drone ship Just Read The Instructions (JRTI) was returning to port after about a week at sea with Falcon 9 booster B1062, which successfully launched Egypt’s Nilesat-301 communications satellite into a supersynchronous geostationary transfer orbit (GTO) on June 8th. Heading in the opposite direction, drone ship A Shortfall of Gravitas (ASOG) – towed by support ship Doug – left port and began its journey about 650 kilometers (~400 mi) downrange to support Starlink 4-19, SpaceX’s next launch.
Nilesat-301 was SpaceX’s 23rd launch of 2022 and Falcon 9 B1062’s seventh launch overall, as well as the booster’s sixth launch in less than 12 months. In early 2022, CEO Elon Musk announced that SpaceX was targeting an average of one launch per week throughout the calendar year. He later revised that target to 60 launches or 1.15 launches per week after a few months of undeniable success. Set in 2021, SpaceX’s annual record is 31 Falcon launches, followed by 26 in 2020. In 2022, SpaceX is on track to launch more than 26 times in the first half of the year. In fact, after Nilesat-301, the company has another five missions tentatively scheduled to launch in June for a total of 28 in H1 2022 if all manage to avoid significant delays.
Starlink 4-19 is scheduled to launch from SpaceX’s NASA Kennedy Space Center LC-39A pad no earlier than (NET) 10:50 am EDT (14:50 UTC) on Friday, June 17th. SpaceX’s schedule for the mission will be exceptionally tight and likely offer few – if any – backup opportunities before the end of the month, owing to the company’s need to launch Cargo Dragon on a NASA space station resupply mission as early as June 28th. Unless CRS-25’s launch date has slipped again, the current schedule leaves SpaceX only a handful of days to convert Pad 39A back into its Dragon configuration immediately after Starlink 4-19.
While merely the 48th in a long line of dedicated Starlink internet satellite launches, Starlink 4-19 will be an important mission for SpaceX for a number of other reasons. First, it will be the 100th reuse of a Falcon booster since the first in March 2017. If all goes well, it will also mark SpaceX’s 50th consecutively successful Falcon booster landing. Perhaps most significantly, Starlink 4-19 could be Falcon 9’s 130th consecutively successful launch campaign – just four successes away from breaking the world record of 133 consecutive successes set by variants of Russia’s Soyuz/R-7 rocket.
SpaceX is also scheduled to launch Germany’s SARah-1 radar satellite and a group of rideshare payloads out of California no earlier than (NET) June 18th. Another mysterious launch is scheduled out of SpaceX’s LC-40 Cape Canaveral Space Force Station (CCSFS) pad as early as June 19th. Finally, two more Falcon 9 rockets are scheduled to launch the SES-22 geostationary communications satellite on June 27th or 28th and Cargo Dragon’s CRS-25 resupply mission on June 28th.
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.
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.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
