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[Update] SpaceX rocket launch kicks off a potentially record-smashing year for Falcon 9
Update: After spinning itself around its vertical axis a bit like a propeller, SpaceX’s expendable Falcon 9 upper stage has successfully released a massive stack of 60 Starlink v1.0 satellites for the second time in two months. Designing to tolerate the occasional bump during their bizarre deployment, those 60 satellites will quickly spread out in space and deploy their solar arrays an hour or so after separating from Falcon 9’s upper stage.
Perhaps as early as later this evening or sometime on January 7th, all 60 satellites will fire up their krypton ion thrusters, beginning the process of temporarily raising their orbits to 350 km (220 mi). Once there, SpaceX will more extensively verify the health of each spacecraft and – if all looks well – send all 60 on their way to a final circular 550 km (340 km) orbit where they will join their brethren and begin operating as communications satellites.
A SpaceX Falcon 9 has kicked off what could be a record-smashing year, potentially making SpaceX the world’s most prolific launch company thanks in large part to the game-changing reusability of its Falcon rockets.
At 9:19 pm ET on January 6th (02:19 UTC, Jan 7), Falcon 9 booster B1049’s nine Merlin 1D engines came to lift, lifting the two-stage rocket and its payload of 60 Starlink satellites off the pad and sending them on their way to orbit. Minutes later, the Falcon 9 booster shut off – completing its fourth successful launch in 17 months – and flipped around with small cold-gas thrusters, beginning its trip back down to Earth.
Less than nine minutes after lifting off from SpaceX’s LC-40 pad at Cape Canaveral Air Force Station (CCAFS), Falcon 9 B1049 began its landing burn and gently touched down on drone ship Of Course I Still Love You (OCISLY), stationed more than 600 km (375 mi) downrange in the Atlantic Ocean. Seconds later, the mission’s expendable Falcon 9 upper stage shut off its Merlin Vacuum (MVac) engine, completing the first of two burns and placing the rocket and its Starlink payload in a parking orbit.
Known as Starlink V1 L2, referring to the second launch of Starlink v1.0 satellites, this mission crossed off several SpaceX milestones – both internal and external. For Falcon 9, it marked the company’s 48th successful landing of an orbital-class rocket booster, as well as the second time SpaceX has successfully launched and landed the same booster (this time B1049) four times in a row.
Even more significantly, it’s almost certain that – so long as all 60 Starlink V1 L2 satellites successfully deploy and begin orbit-raising – SpaceX will have become the owner and operator of the world’s largest commercial satellite constellation. After tonight’s launch, SpaceX’s Starlink internet constellation will likely measure some 175 operational satellites strong less than eight months after the company began dedicated internal launches.
Assuming drone ship OCISLY safely returns Falcon 9 B1049 to port and including SpaceX’s successful November 2019 Starlink V1 L1 launch, the company now possesses two Falcon 9 boosters – B1048 and B1049 – that have successfully performed four separate orbital-class launches apiece. With two rockets in hand, SpaceX should be able to far more accurately determine just how well they’re standing up to the rigors of the latest reusability milestone, hopefully giving the company the data it needs to rapidly turn around one or both boosters for a fifth launch in the near future.
SpaceX has 20-24 Starlink launches planned for 2020, so the company will have a wealth of opportunities to push its fleet of reusable rockets to their limits, ranging from attempting nth booster reuses to testing and expanding the envelope of SpaceX’s nascent payload fairing reuse program.
In fact, fairing recovery ship GO Ms. Tree is perhaps just a few minutes away from her third successful fairing half catch – set to occur roughly 45 minutes after Falcon 9’s 9:19 pm EST liftoff. At the same time, Falcon 9’s upper stage is coasting in low Earth orbit (LEO) and preparing to ignite one more time to circularize its orbit and send SpaceX’s third batch of 60 Starlink satellites on their way. Stay tuned for updates later tonight!
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Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
