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SpaceX, Rocket Lab, ULA all have rocket launches planned this weekend
The final weekend of August 2020 is shaping up to be an exciting one in the world of rocket launching. United Launch Alliance (ULA) looks to kick off weekend activities early on Saturday morning with the launch of its Delta IV Heavy rocket carrying a classified satellite payload for the National Reconnaissance Office at 2:04 am EDT (0604 UTC) from Cape Canaveral Air Force Station’s Space Launch Complex 37. Following a successful ULA launch, the weekend’s activity will kick into high gear. Even SpaceX founder and CEO, Elon Musk, agrees that this weekend could be “intense” as stated in a post to his Twitter account Friday, August 28.
Good chance something will slip, but, yeah, Sunday is intense— Elon Musk (@elonmusk) August 28, 2020
According to weather Launch Mission Execution Forecasts provided by the 45th Weather Squadron and confirmed via the company’s Twitter account, SpaceX aims to get two Falcon 9’s launched from the Florida coast just nine hours apart. The company also has a possible flight test of its Starship prototype vehicle on the books from Boca Chica, Texas this weekend. Rocket Lab looks to join in the launching activity with the return to flight mission of its Electron rocket following the wrap-up of its recent in-flight anomaly investigation.
Pending Range availability, targeting back-to-back Falcon 9 launches from Florida on Sunday, August 30—another flight of Starlink from LC-39A at 10:12 a.m. EDT followed by the SAOCOM 1B mission from SLC-40 at 7:18 p.m. EDT pic.twitter.com/uV9MN2Nq2X— SpaceX (@SpaceX) August 28, 2020
SpaceX can only launch this weekend if ULA does too
As SpaceX and ULA both launch from what is referred to as the eastern range – the location of all launches originating from Cape Canaveral Air Force Station or Kennedy Space Center – only one launch provider can be supported at a time by the 45th Space Wing and 45th Weather Squadron which oversee eastern range operations.
As a part of the reservation process ahead of securing a launch date with the eastern range, each launch provider chooses a targeted launch date and secures a number of back-up launch opportunities should a delay occur.
In the case of ULA’s NROL-44 mission, a primary launch opportunity and two back-up opportunities – 24 hours and 48 hours after the initial launch attempt – have been identified. This means that should the Delta IV Heavy suffer another critical issue resulting in a delay during its Saturday, August 29 primary launch attempt, both of SpaceX’s Falcon 9 launch opportunities will be delayed as well.
ULA’s NROL-44 Delta IV Heavy carries a classified satellite payload for the National Reconnaissance Office, a national security division of the United States government. As such, the NROL-44 mission is a matter of national security and takes precedence over both SpaceX’s internal Starlink mission and SAOCOM-1B payload for customer Comisión Nacional de Actividades Espaciales, Argentina’s national space agency.
If the ULA NROL-44 mission is delayed through both back-up launch opportunities SpaceX, presumably, would have to wait until no earlier than Tuesday, September 1 to launch a Falcon 9.
Rocket Lab “I Can’t Believe It’s Not Optical”
While SpaceX will have to wait for ULA’s Delta IV Heavy to clear its pad before attempting either of the planned Falcon 9 launches, Rocket Lab will attempt the return to flight mission of its Electron rocket – the fourteenth flight overall – regardless (weather permitting).
The launch attempt initially scheduled for 11:04pm ET (0304 UTC) Friday, August 28 was rescheduled due to high winds and heavy cloud cover over Launch Complex-1A in Mahia, New Zealand. The next available launch attempt at 11:05 pm ET Sunday, August 30 (0305 UTC Monday, August 31) lines up for Electron to take off just four hours after SpaceX’s SAOCOM-1B mission.
Launch Update: Ground winds remain high at LC-1 tomorrow, so we're now targeting no earlier than Aug 31 UTC for the #ICantBelieveItsNotOptical mission. 🚀🛰️
Mission info https://t.co/zI36drt64x
Launch timing:
ET: 23:05, Aug 30
PT: 20:05, Aug 30
NZT: 15:05, Aug 31 pic.twitter.com/2RRwpxhDSl— Rocket Lab (@RocketLab) August 28, 2020
Following an in-flight anomaly during Electron’s thirteenth mission in July, Rocket Lab was forced to stand down from active launching status to complete a full investigation into the incident. In about a month’s time, Rocket Lab was able to track down and remedy an overheating issue with a single electrical connection on Electron’s second stage.
After receiving clearance from the Federal Aviation Administration to resume operational launches, Rocket Lab has announced that Electron’s fourteenth flight -nicknamed “I Can’t Believe It’s Not Optical” – will be a dedicated mission for Capella Space, a California-based company that utilizes Earth observation data to provide information services.
According to a statement provided by Rocket Lab, the satellite payload called “Sequoia” is “a single 100 kg class microsatellite which will be the first publicly available satellite in the company’s commercial Synthetic Aperture Radar (SAR) constellation.”
A big goal of Rocket Lab’s is to join competitor SpaceX in a class of launchers that regularly recovers and reuses orbital-class boosters. Rocket Lab intends to catch an Electron first-stage booster in-flight once it has been dispensed by catching the falling booster’s parachute canopy with a grappling hook secured to a helicopter.
However, the company has stated that a full-scale demonstration of this effort is targeted for no earlier than the seventeenth mission of Electron currently slated to occur in Fall 2020.
If all proceeds as planned, this weekend could end up as a launchfest of rockets and spaceship prototypes. At the time of publishing, all is proceeding as expected for ULA’s Delta IV Heavy launch attempt and the weather looks good on Saturday, August 29.
ULA has confirmed that the previous issues that caused a launch attempt delay have all been cleared and weather outlook remains at an 80% chance of favorable launching conditions.
The launch attempt will be streamed live and is expected to begin at 1:43 am EDT (0543 UTC) on the company’s website or viewed below.
https://www.youtube.com/watch?v=Fx5GjjCtcgo&feature=youtu.be
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
