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SpaceX ready for second ever reused Falcon 9 launch on June 19

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SpaceX’s Falcon 9 “1029” is nearly ready to conduct its second commercial launch later this weekend after today’s successful static fire at Launch Complex 39A. Static fire was initially planned for June 13th but was delayed to the 14th and then the 15th, with the launch date also being delayed by two days to June 19th. This small delay is likely a result of launch pad readiness procedures taking a bit longer than intended.

Now scheduled with a window of 2-5 p.m. EST on June 19th, a successful launch will mark the second successful reuse of a Falcon 9 first stage and thus the second ever reuse of an orbital-class rocket. This particular first stage, 1029, is coincidentally symbolic in the sense that it launched SpaceX’s first mission after the Amos-6 failure last year, when a complex series of events led to a massive explosion that destroyed Falcon 9, the Amos-6 payload, and severely damaged the site it was to launch from. Elon Musk deemed it “the most difficult and complex failure” SpaceX had ever faced. It was all the more surprising that the company returned to flight just over four months later, in an industry in which failures of the same scale can result in launch vehicle groundings of multiple years (the Space Shuttle, Orbital ATK’s Antares).

1029 after recovery in the Pacific Ocean. 1 in the “1029” indicates that it is a first stage and 029 implies that it is the 29th Falcon 9 to be manufactured. SpaceX has recently begun to physically label each stage with their serial numbers between their landing legs. (SpaceX)

The best possible demonstration of a launch company’s confidence in their ability to spring back from a trying failure may well be a willingness to reuse the actual launch vehicle that marked their return to flight. And that is exactly what SpaceX is about to attempt with the second launch of 1029, which flawlessly orbited Iridum’s first set of ten NEXT satellites in the company’s return to flight after Amos-6.

Falcon 9 1029 will be tasked with placing the satellite in a geostationary transfer orbit, meaning that the satellite itself will use its own bi-propellant thrusters to reach its final geostationary orbit above Earth. With a mass estimated around 4000 kilograms, 1029 will very likely be able to attempt a recovery by landing on SpaceX’s West coast Autonomous Spaceport Drone Ship (ASDS), known as Of Course I Still Love You (OCISLY). There have also been reports of the mythical Optimus Prime robot conducting tests aboard OCISLY yesterday, hinting that this recovery may be the first time that the robot will be allowed to attempt to secure the recovered first stage after landing on the drone ship.

An automated method of securing recovered stages after landing has the potential to progress SpaceX’s goal of rapid reusability, and BulgariaSat-1 will mark the beginning of a schedule that has SpaceX attempting to launch Falcon 9 three times in 14 days, a truly impressive accomplishment even if delays stretch it out to 20+ days.

 

BulgariaSat-1 has lately been called Bulgaria’s first true satellite, but it is really the country’s second satellite. Manufactured and assembled by the Palo Alto, California-based Space Systems Loral (SSL), it will offer much broader coverage of the Europe and Balkans regions and provide high quality satellite television and telecommunications services in a bid to expand Bulsatcom’s market.

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Much like cars are often built off of the same chassis, BulgariaSat-1 is based upon a communications satellite bus (SL-1300) that has flown successfully dozens of times and currently has dozens of active variants in geostationary orbits. BulgariaSat-1 will be the sixth SL-1300 derived satellite that SpaceX themselves have launched, and the company has four other SL-1300 satellite scheduled for launch in 2017 and 2018.

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla ends Full Self-Driving purchase option in the U.S.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Credit: Tesla

Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.

The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.

Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:

There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.

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Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.

Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.

Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.

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Musk bankers looking to trim xAI debt after SpaceX merger: report

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.

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Credit: SpaceX

Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.

The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.

SpaceX IPO is coming, CEO Elon Musk confirms

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The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.

Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”

That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.

X merged with xAI last March, which brought the valuation to $45 billion, including the debt.

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SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:

“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”

The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.

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Tesla pushes Full Self-Driving outright purchasing option back in one market

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

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Credit: Tesla

Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.

The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.

The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.

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Tesla hits major milestone with Full Self-Driving subscriptions

However, Tesla just launched it just last year in Australia.

Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.

The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.

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In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.

The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.

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