SpaceX is set to make history by returning southern trajectory polar corridor launches to Florida’s Space Coast with the launch of the Argentine SAOCOM-1B radar observation satellite later this month. Tentatively set to get off the ground no earlier than Saturday, July 25 the SAOCOM-1B mission has suffered delays ranging from hardware processing and integration to international launch team travel restrictions as a result of the global coronavirus pandemic.
In late February 2020, the SAOCOM-1B satellite departed Argentina aboard a Russian Antonov AN 124 cargo aircraft and arrived at the Shuttle Landing Facility in Cape Canaveral, Florida. It was expected that launch and processing teams from Argentina’s National Commission for Space Activities (CONAE) would quickly follow to meet a March launch timeline. However, international travel restrictions imposed by the Argentine government in early March meant that SpaceX would have to wait an indeterminant amount of time to attempt the historic polar launch from Florida. As a result, the satellite was put into storage in one of SpaceX’s satellite processing facilities in Florida to await the arrival of its launch team.
A change in launch plans
The SAOCOM-1B satellite was initially thought to launch from Vandenberg Air Force Base (VAFB) in California just as its twin predecessor, the SAOCOM-1A satellite did in October of 2018. At the time VAFB was the only US-based launch site used for polar orbit launch corridor services. However, Cape Canaveral Air Force Station had previously announced the option to re-open a southern polar orbit launch corridor from Florida in 2017, a launch trajectory that hadn’t been used in over half a century.
The option of polar trajectory launches from Florida increased SpaceX’s capacity to streamline its launch manifest to the company’s dual launchpad locations on Florida’s East Coast. In 2019, as reported by Michael Baylor of NASASpaceflight.com, SpaceX formally requested to move the launch of the SAOCOM-1B satellite from VAFB to Florida utilizing a southern, coast-hugging dog-leg trajectory over Cuba to a final polar orbital inclination.
For those asking for a visual of what a southward, doglegged polar launch trajectory out of Cape Canaveral will look like, here you go. https://t.co/FTTW8mbq0J pic.twitter.com/59YXoERkQl— Chris G (@ChrisG_SpX) October 9, 2019
The SAOCOM-1B satellite will join its L-Band, synthetic-aperture radar (SAR) SAOCOM-1A sister satellite in a sun-synchronous orbit (SSO) – essentially an orbit over the poles of the planet that allows the solar arrays of the satellite to be in sunlight at any given time. The satellites operate in SSO and use L-Band and synthetic-aperture radar to create two-dimensional, all-weather Earth observation imagery to assist in global disaster-monitoring efforts. The sister satellites will also work in conjunction with a constellation of four Italian satellites already in orbit operated by COSMO-SkyMed.
Return to operational status
Following the easement of certain international travel restrictions in mid-July, a slim crew of 18 team members from CONAE and SAOCOM-1B satellite manufacturer INVstigacion APlicada (INVAP) was permitted to travel to Florida. The team members tested negatively for the COVID-19 virus prior to commercially traveling to Florida from Argentina, as well as, after their arrival at Miami International Airport. The team observed a two-week period of quarantine prior to traveling to SpaceX facilities at Cape Canaveral Air Force Station to begin pre-operational tasks.
On Monday, July 13 the team was able to get to work on launch campaign tasks with the satellite that had endured months of storage. The team ensured the health of the satellite and completed a full launch day simulation managed remotely from locations in Florida and Argentina. Following a successful run through and check of the satellite’s operational status, the launch campaign has just a few remaining steps before rocketing SpaceX into the history books once again.
SpaceX and CONAE teams will work together to safely encapsulate the satellite inside of a protective Falcon 9 payload fairing and mate the payload with the first stage Falcon 9 booster. Furthermore, the teams will complete a joint integration test of the payload and launch vehicle before finally transporting it to the launch pad.
The SpaceX launch manifest has recently undergone some schedule shuffling potentially leaving the SAOCOM-1B mission to be third in line behind the launch of the South Korean ANASIS-II military communications satellite and the delayed Starlink-9 mission. However, earlier in the week, the Starlink-9 booster was lowered from launch position at LC-39A and returned to the horizontal integration facility following a scrubbed launch attempt with SpaceX citing that more time was necessary to perform final check-outs. This most likely suggests that SpaceX plans to push the SAOCOM-1B mission ahead of Starlink-9 in the launch manifest.
According to CONAE, the SAOCOM-1B mission launch window extends from Saturday, July 25 to Thursday, July 30 with a targeted liftoff at approximately 7:19 p.m. EDT (2319 GMT) from SLC-40.
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Elon Musk
Music City Loop could highlight The Boring Company’s real disruption
The real story behind the tunneling startup’s Nashville tunnel project is the company’s targeted $25 million per mile construction cost.
Recent commentary on social media has highlighted what could very well prove to be The Boring Company’s real disruption.
The analysis was shared by tech watcher Aakash Gupta on social media platform X, where he argued that the real story behind the tunneling startup’s Nashville tunnel project is the company’s targeted $25 million per mile construction cost.
According to Gupta’s breakdown, Nashville’s 2018 light rail proposal was priced at roughly $200 million per mile. New York’s East Side Access project reportedly cost about $3.5 billion per mile, while Los Angeles Metro expansion projects have approached $1 billion per mile.
By comparison, The Boring Company has stated it can construct 13 miles of twin tunnels in the Music City Loop for between $240 million and $300 million total. That implies a cost near $25 million per mile, or roughly a 95% reduction from industry averages cited in the post.
Several technical departures from conventional tunneling allow the Boring Company to lower its costs, from its smaller 12-foot diameter tunnels to its fully electric Prufrock machines that are designed to mine continuously with no personnel inside the tunnel and their capability to “porpoise” for easy launch and retrieval.
Tesla and Space CEO Elon Musk responded to the post on X, stating simply that “Tunnels are so underrated.”
The Boring Company has seen some momentum as of late, with the company recently signing a construction contract in Dubai and the Universal Orlando Loop progressing. Recent reports have also pointed to tunnels potentially being constructed to solve traffic congestion issues near the Giga Nevada area.
While The Boring Company’s tunnels have so far been used for Loop systems publicly for now, Elon Musk recently noted that the tunneling startup’s underground passages would not be limited only to ride-hailing vehicles.
In a reply to a post on X which discussed the specifications of the Music City Loop, Musk clarified that “any fully autonomous electric cars can use the tunnels.” This suggests that vehicles potentially running systems like FSD Supervised, even if they are not Teslas, could be used in systems like the Music City Loop in the future.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Music City Loop could highlight The Boring Company’s real disruption
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
