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SpaceX’s second astronaut launch a step closer after NASA announcement
SpaceX’s second astronaut launch is a a step closer to flight after NASA and JAXA announced the third and fourth astronauts assigned to ride Crew Dragon to the International Space Station (ISS) on its first operational mission.
On the cusp of March 30th and 31st, the Japanese Space Agency (JAXA) made the first Crew Dragon-related announcement of the day, revealing the assignment of astronaut Soichi Noguchi to SpaceX’s Crew-1 launch. Hinging entirely on the success of SpaceX’s imminent Demo-2 astronaut launch debut, a critical demonstration mission scheduled to launch no earlier than mid-to-late May 2020, Crew Dragon’s Crew-1 mission will be the spacecraft’s first operational mission ferrying humans to and from the space station. NASA followed up JAXA’s announced hours later, revealing that astronaut Shannon Walker would be the fourth and final crew member aboard Crew Dragon’s Crew-1 launch.
Including Boeing’s Starliner and SpaceX’s Crew Dragon crewed demonstration missions, known as the Crewed Flight Test and Demonstration Mission 2 (Demo-2 or DM-2), respectively, NASA has purchased six astronaut launches from both providers. In theory, one Starliner and Crew Dragon launch per year – spaced out six or so months apart – should be enough to meet NASA’s space station transportation needs, meaning that the space agency’s 12 contracts should last until 2025 or 2026. Boeing’s Starliner appears to be delayed indefinitely after multiple near-catastrophic failures on its first Orbital Flight Test (OFT) but if SpaceX’s Demo-2 mission goes as planned, Crew Dragon could be set to enter operational duty as early as Q4 2020.
SpaceX’s Crew-1 mission manifest now includes NASA astronauts Mike Hopkins, Victor Glover, and Shannon Walker, as well as JAXA astronaut Soichi Noguchi and will likely carry an additional 100-200 kg (200-400 lb) of cargo to the International Space Station (ISS). While all eyes are reasonably on Crew Dragon’s Demo-2 mission, right now, the spacecraft’s Crew-1 through -5 missions are where SpaceX has the opportunity to gain extensive experience launching humans on an operational, semi-routine basis.
Making up at least half of the backbone of NASA’s new domestic astronaut launch capabilities, Crew Dragon and Falcon 9 will hopefully prove themselves to be as reliable and dependable as they and their predecessors have been over the years. Cargo Dragon, SpaceX’s first orbital-class spacecraft and the first private vehicle to visit the ISS, has successfully resupplied the space station and safely returned to Earth each of the 20 times the spacecraft reached orbit. Unsurprisingly, SpaceX ran into intermittent technical issues over those numerous flights, but all of those anomalies were solved on the fly and never prevented mission success or spacecraft recovery.
Falcon 9’s first in-flight failure destroyed the CRS-7 Cargo Dragon spacecraft in June 2015 and cut the mission short before it could reach orbit, but the failure was entirely unrelated to Dragon. Falcon 9’s second catastrophic failure occurred less than 15 months later, also a fault of a small but explosive rocket design flaw. From January 2017 to March 2020, however, Falcon 9 and Falcon Heavy rockets have completed 58 consecutively successful launches. With that streak of success, by certain measures, Falcon has become the most reliable operational rocket family in the world, tied with ULA’s famously reliable Atlas V and slightly better than Arianespace’s Ariane 5.
In short, while Cargo Dragon can’t hold a candle to the sheer scale of Russia’s Soyuz and Progress spacecraft flight histories, Falcon 9 is one of the two most reliable launch vehicles in operation and Crew Dragon will stand on the back of one of the most reliable spacecraft ever built in recent history. With (perhaps more than a little) luck, Boeing’s Starliner spacecraft – launched atop Atlas V, the other most reliable operational rocket – will hopefully be able to develop its own record of reliability in the next several years, but it will never be able to compete with the Cargo Dragon heritage Crew Dragon directly benefits from.
Boeing’s next Starliner mission is up in the air after the spacecraft’s almost disastrous orbital launch debut. Most likely, NASA will require a second uncrewed flight test, this time including the space station rendezvous, docking, and departure attempt Boeing had to cancel after Starliner’s major software failure. A second OFT would likely be ready for flight no earlier than Q3 or Q4 2020, depending on NASA’s investigation findings and requirements. If NASA remains confident and things go perfectly during the likely OFT2 mission, Starliner’s Crew Flight Test (CFT) could maybe launch by the end of 2020.
Crew Dragon’s Demo-2 astronaut launch debut is aiming for what NASA says is a mid-to-late May launch, although the mission is more likely to fly in the late-May to mid-June time frame. If Demo-2 launches on schedule (H1 2020) and is as flawless as Crew Dragon’s uncrewed Demo-1 launch debut, SpaceX could be ready to launch its second astronaut mission (Crew-1) as early as Q4 2020, possibly around the start of the quarter. With so much contingent on near-term reviews and tests, schedules beyond Demo-2 are unsurprisingly fluid.
Elon Musk
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.
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Tesla Cybercab sighting confirms one highly requested feature
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
A recent sighting of Tesla’s Cybercab prototype in Chicago appears to confirm a long-requested feature for the autonomous two-seater.
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
The Cybercab’s camera washer
The Cybercab prototype in question was sighted in Chicago, and its image was shared widely on social media. While the autonomous two-seater itself was visibly dirty, its rear camera area stood out as noticeably cleaner than the rest of the car. Traces of water were also visible on the trunk. This suggested that the Cybercab is equipped with a rear camera washer.
As noted by Model Y owner and industry watcher Sawyer Merritt, a rear camera washer is a feature many Tesla owners have requested for years, particularly in snowy or wet regions where camera obstruction can affect visibility and the performance of systems like Full Self-Driving (FSD).
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip the Cybercab’s other external cameras with similar cleaning systems. Given the vehicle’s fully autonomous design, redundant visibility safeguards would be a logical inclusion.
The Cybercab in Tesla’s autonomous world
The Cybercab is Tesla’s first purpose-built autonomous ride-hailing vehicle, and it is expected to enter production later this year. The vehicle was unveiled in October 2024 at the “We, Robot” event in Los Angeles, and it is expected to be a major growth driver for Tesla as it continues its transition toward an AI- and robotics-focused company. The Cybercab will not include a steering wheel or pedals and is intended to carry one or two passengers per trip, a decision Tesla says reflects real-world ride-hailing usage data.
The Cybercab is also expected to feature in-vehicle entertainment through its center touchscreen, wireless charging, and other rider-focused amenities. Musk has also hinted that the vehicle includes far more innovation than is immediately apparent, stating on X that “there is so much to this car that is not obvious on the surface.”
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Tesla seen as early winner as Canada reopens door to China-made EVs
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y.
Tesla seems poised to be an early beneficiary of Canada’s decision to reopen imports of Chinese-made electric vehicles, following the removal of a 100% tariff that halted shipments last year.
Thanks to Giga Shanghai’s capability to produce Canadian-spec vehicles, it might only be a matter of time before Tesla is able to export vehicles to Canada from China once more.
Under the new U.S.–Canada trade agreement, Canada will allow up to 49,000 vehicles per year to be imported from China at a 6.1% tariff, with the quota potentially rising to 70,000 units within five years, according to Prime Minister Mark Carney.
Half of the initial quota is reserved for vehicles priced under CAD 35,000, a threshold above current Tesla models, though the electric vehicle maker could still benefit from the rule change, as noted in a Reuters report.
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y. That year, Tesla began shipping vehicles from Shanghai to Canada, contributing to a sharp 460% year-over-year increase in China-built vehicle imports through Vancouver.
When Ottawa imposed a 100% tariff in 2024, however, Tesla halted those shipments and shifted Canadian supply to its U.S. and Berlin factories. With tariffs now reduced, Tesla could quickly resume China-to-Canada exports.
Beyond manufacturing flexibility, Tesla could also benefit from its established retail presence in Canada. The automaker operates 39 stores across Canada, while Chinese brands like BYD and Nio have yet to enter the Canadian market directly. Tesla’s relatively small lineup, which is comprised of four core models plus the Cybertruck, allows it to move faster on marketing and logistics than competitors with broader portfolios.
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
Tesla Cybercab sighting confirms one highly requested feature
