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SpaceX set to launch six commercial Moon landers after latest win
After securing yet another contract, SpaceX Falcon 9 and Falcon Heavy rockets are now scheduled to launch at least six commercial Moon landers over the next two and a half years.
On May 20th, rocket startup Firefly Aerospace announced that it had selected a SpaceX Falcon 9 to launch its first Blue Ghost Moon lander as part of NASA’s Commercial Lunar Payload Services (CLPS) program. While Firefly is preparing to launch its own Alpha rocket for the first time later this year, a rocket that is technically capable of launching Blue Ghost with the help of an electric ‘space tug,’ the company is apparently prioritizing maximum payload delivery and on-time performance.
As a result, Firefly has contracted with a direct competitor to launch its first Moon lander, becoming the sixth company to select SpaceX’s Falcon rockets for that purpose.
Thanks to Firefly’s decision to use Falcon 9 instead of Alpha, the first Blue Ghost spacecraft should be able to deliver up to 150 kg (330 lb) of NASA payloads to the lunar surface – three times more than Alpha would allow. That makes Firefly the sixth Moon-bound company to be won over by the unique combination of affordability and performance offered by SpaceX’s Falcon 9 and Falcon Heavy rockets.
The first of those missions – Israel’s Beresheet spacecraft – already flew in early 2020 as part of a unique rideshare with a commercial geostationary communications satellite. Unfortunately, the lander suffered an avionics failure just a few minutes before touchdown, causing Beresheet to impact the Moon far too quickly. While it’s no longer clear if that’s still the case, Firefly Aerospace’s Blue Ghost lander may borrow significantly from Beresheet and the lessons Israeli Aerospace Industries (IAI) learned from the mission’s successes and failures. At the same time, IAI is also working on its own follow-up Moon lander mission.
As part of NASA’s CLPS program, SpaceX has won launch contracts for five of the six landers announced, one of which went to ULA’s Vulcan Centaur rocket. One of those six landers wound up canceling their contract due to corporate issues, leaving SpaceX with four of five CLPS launch contracts. The company is currently on track to launch two Intuitive Machines Nova-C landers on Falcon 9 rockets in Q1 and Q4 2022, Masten Space System’s XL-1 lander in 2022, Firefly’s first Blue Ghost lander on a Falcon 9 rocket in 2023, and Astrobotics first large Griffin lander – carrying NASA’s VIPER Moon rover – on a Falcon Heavy rocket in Q4 2023.
Outside of NASA, Japanese startup ispace has selected SpaceX Falcon 9 rockets to launch its first two commercial Hakuto-R Moon landers, beginning as early as Q4 2022. All told, SpaceX has contracts to launch at least six Moon landers in 2022 and 2023.
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
