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SpaceX has all the Starlink funding needed for an “operational constellation”
Upper-level wind shear has unfortunately scrubbed SpaceX’s first dedicated Starlink launch attempt, pushing Falcon 9 B1049’s third liftoff to no earlier than 10:30 pm EDT (02:30 UTC), May 16th.
A few hours prior to the launch attempt, SpaceX CEO Elon Musk hosted a conference call with members of the press and answered a number of questions about Starlink, providing the best look yet into the company’s newest endeavor. Topics included the advanced technologies on each Starlink satellite, their extremely unorthodox deployment method, SpaceX’s ultimate goals for the constellation, and even a few brief comments on funding.
Funding, secured
Perhaps the single most important thing Musk noted in the hour-long media briefing was his belief that SpaceX already has “sufficient capital to build an operational constellation.” It’s possible that that statement is heavily qualified, as Musk did not delve into greater detail, but it is still an incredible claim that could mean Starlink is far ahead of competing constellations and far more capital-efficient than OneWeb.
As previously discussed on Teslarati, in the last four years, OneWeb has raised $3.4B of funding, while SpaceX – a company primarily focused on building and launching rockets – has raised $2B, half of which is known to be dedicated to Starlink. OneWeb’s constellation (either 650 or 2650 satellites) cost estimate has grown quite a bit recently and stands at ~$5B. Assuming all $2B of the funding SpaceX has raised is dedicated to Starlink, that would translate to a per-satellite cost – including all infrastructure and launch – of $450,000 for the first phase (~4400 satellites).
Musk’s contextual definition of an “operational constellation” is probably more in line with the twelve 60-satellite launches he described as necessary to provide “significant [broadband] coverage”. It could also refer to the entire tranche of ~1600 Starlink satellites planned for the lower 550 km (340 mi) orbit this first batch of 60 is headed for, a number that Musk stated would offer “decent global coverage”. Either way, Starlink is almost certainly far more capital-efficient than OneWeb, LeoSat, Telesat, or any other satellite constellation with serious intentions.
The most obvious explanation for this – regardless of the satellites themselves – is simple: SpaceX owns its own closed-loop launch capability, including pads, integration facilities, an established cross-country transport network, and the rockets (Falcon) themselves. For any of the proposed satellite constellations to succeed, the manufacturers will almost invariably need to find build satellites so affordably that the cost of launch outweighs the cost of its payload. This ultimately means that launches alone could account for something like 50% of the cost of an entire satellite constellation.
Assuming Block 5 boosters can be reused at least 5-10 times each, the only real cost of an internal SpaceX launch is the hours worked, recovery fleet operations, and the expended upper stage and fairing – likely less than $30M altogether. As such, SpaceX may already be achieving its satellite cost targets on its first launch.
Deploying satellites “like spreading a deck of cards”
Meanwhile, Musk also offered some detail on the deeply unorthodox method SpaceX has chosen for spacecraft deployment once in orbit. Apparently, Starlink satellites will be deployed from Falcon 9’s upper stage by rotating the stage (presumably along its vertical axis) and simply letting go of the spacecraft. Musk used the analogy of spreading a deck of cards on a table, seemingly suggesting that they will either be released simultaneously (perhaps by stack) or with a stagger measured in milliseconds. This could create a fairly spectacular visual, forming an evenly-spaced spiral of satellites spreading out from the Falcon upper stage.
Above all else, Musk mainly seemed to be excited about Starlink, whether discussing the constellation’s long-term goals or the technology utilized on each individual satellite. Some miscellaneous facts and tidbits taken from the Q&A can be found below:
- Aside from Ka-band antennas and inter-satellite laser links, these 60 Starlink spacecraft are very close to the final spacecraft design.
- “It’s one of the hardest engineering projects that I’ve ever seen done.” – Elon Musk
- Starlink v0.9 is SpaceX’s heaviest payload ever by a huge margin, weighing in around 18,500 kg (40,800 lb). Crew Dragon is most likely in second-place, with a launch mass estimated to be around 13,500 kg.
- Combined, the solar arrays on the 60 Starlink spacecraft will produce up to 50% more power than the International Space Station’s football field-sized panels. This translates to ~180 kW, with each spacecraft thus producing around 3 kW total with an unusual single-panel array.
- Two solar array deployment mechanisms will be tested on this mission.
- “We see this as a way to generate revenue to develop more advanced rockets and spaceships. Starlink is a key component for establishing a presence on the moon and Mars.” – Elon Musk
- SpaceX sided with krypton-fueled Hall effect thrusters due to krypton costing 5-10x less than more traditional xenon propellant. SpaceX’s internally-designed and built thrusters will have an ISP of ~1500s.
- “[SpaceX has built] the most advanced phased array antenna[s] that I am aware of.” – Elon Musk
- These first 60 satellites alone will have a combined bandwidth of 1 terabit per second (125 GB/s), averaging around 17 Gbps per satellite.


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News
Tesla looks to expand into new Asian market, strengthening presence
Tesla is looking to expand into a new Asian market, strengthening its presence in a region that has been bullish on electric vehicles as a whole.
Tesla officially filed to establish a subsidiary of its business in Vietnam, a report from Reuters suggests. Tesla named the entity “Tesla Motors Vietnam Limited Liability Company.”
The planned entrance into the Vietnamese market is a good sign and move for Tesla, as it has become one of the fastest-growing EV markets in Southeast Asia. It is already among the leaders in the region in both volume and electrification rate. In the first half of this year, Vietnam led Southeast Asia in battery-electric passenger car sales at about 116,000 units, up about 71 percent year over year.
Currently, Vietnamese EV drivers rely on VinFast’s V-Green network, which has about 150,000 ports, but these are primarily reserved for VinFast vehicles. Public third-party charging is fragmented and unreliable for those who do not own chargers that are dedicated to a certain manufacturer’s vehicles.
Tesla has had mixed results in Asia as a whole, and as China remains the core part of its story in Asia, the company is evidently working on expanding its footprint on the continent. Tesla’s domestic retail deliveries fell about 12 percent year over year through the first eight months of 2026.
Model Y remains a standout individual product, holding its position as one of, if not the, best-selling vehicles in the world. However, Model 3 has been weaker than it has been in past years.
Gigafactory Shanghai, the company’s Chinese production facility, still performs very well. Wholesale volumes in terms of exports have more than doubled and now exceed domestic retail sales; Giga Shanghai builds vehicles for Europe, South Korea, Japan, Australia, and other markets. South Korea has been an explicit bright spot, with registrations doubling year-to-date and Tesla frequently appearing as the top imported brand.
Tesla just did something in South Korea that no foreign carmaker has ever done
Tesla’s entrance into Vietnam signals a broader effort to take over the Asian market and grab more market share from rivals.
Elon Musk
Elon Musk’s companies made up with Apple but OpenAI still on the hook
Elon Musk’s X Corp and SpaceXAI dropped their Apple antitrust suit, leaving OpenAI as defendant.
X Corp and SpaceXAI, Elon Musk’s social platform and AI venture, have dropped Apple from the antitrust lawsuit that they filed against the iPhone maker and OpenAI last year. In a filing in the U.S. District Court for the Northern District of Texas, attorneys for X and SpaceXAI moved to dismiss the Apple portion of the case, first reported by Reuters. The filing does not explain why the companies are dropping Apple or say whether a settlement was reached.
X and SpaceXAI say they intend to keep pursuing the case against OpenAI, which remains a defendant. That resolves the dispute with one company while leaving the core allegation intact against the other, with no public accounting of what changed in between.
The lawsuit dates to August 2025, when xAI and X sued Apple and OpenAI, arguing that Apple’s decision to make ChatGPT the only generative AI chatbot built into iOS gave OpenAI an unfair structural advantage. The complaint claimed ChatGPT controlled roughly 80 percent of the chatbot market at the time, while Grok held only a few percent. It sought billions of dollars in damages and asked the court to unwind the arrangement.
Elon Musk’s xAI and X file antitrust suit against Apple and OpenAI over AI exclusivity
The filing followed weeks of Musk publicly complaining that Grok and X weren’t appearing in Apple’s “Must Have” App Store section, though Grok ranked second in the Productivity category and X ranked first in News at the time. He accused Apple of “playing politics” and warned of immediate legal action before following through days later.
Apple and OpenAI tried to get the case thrown out, but a federal judge denied both motions in November, ruling the dispute was better suited to summary judgment than an early dismissal. That decision sent the case into discovery, which is presumably what led to Monday’s filing.
Hey @Apple App Store, why do you refuse to put either 𝕏 or Grok in your “Must Have” section when 𝕏 is the #1 news app in the world and Grok is #5 among all apps?
Are you playing politics? What gives? Inquiring minds want to know. https://t.co/3wenLZGtwG
— Elon Musk (@elonmusk) August 11, 2025
The timing is notable given how Musk’s sentiment toward Apple has shifted, with Musk noting that he was open to letting Grok power a revamped Siri after a user suggested Apple replace its aging assistant with xAI’s model.
xAI, the AI venture Musk folded into X Corp last year, has since combined with SpaceX under the SpaceXAI brand. That structure now puts X, Grok and SpaceX’s rocket and satellite businesses under one roof as Musk pushes his AI ambitions beyond chatbots.
OpenAI remains the sole defendant going forward, and Musk’s companies have not said if there’s any changes to those original claims. Apple and OpenAI did not immediately respond to requests for comment on the filing.
News
Why SpaceX is finishing another space-internet system that isn’t Starlink
SpaceX launched three final O3b mPower satellites Sunday, finishing a lesser known SES satellite network.
SpaceX had an 87 minute window opening at 2:49 p.m. Eastern on Sunday to fly a Falcon 9 out of Cape Canaveral carrying the final three satellites for SES’s O3b mPower constellation, a project that has taken more than a decade to finish since Boeing and SES first signed SpaceX on for the work.
Unlike the thousands of Starlink satellites SpaceX has stacked into orbit over the years, O3b mPower flies in a different neighborhood entirely. The three new satellites, tagged F11, F12 and F13, are headed for medium Earth orbit at roughly 5,000 miles up, more than ten times higher than Starlink’s shell around 340 miles but still a small fraction of the 22,000 miles where old school geostationary satellites sit. That middle position is the whole point, because a satellite that far out needs far fewer siblings to blanket the globe than a low orbit constellation does. Essentially, SES only needed 13 satellites total to build a network offering quick, steady service that used to require thousands of spacecraft.
With most people having heard plenty about Starlink and almost nothing about O3b mPower, SES and SpaceX already blend the two networks for some customers. Both SpaceX and SES sell satellite broadband, but they’re aimed at different buyers. Starlink is built for volume, direct to consumers, RVs, homes, small businesses, plus a growing aviation and maritime business. O3b mPower skips consumers entirely and sells enterprise grade connectivity to airlines, cruise lines, offshore energy operators, telecoms needing backhaul, and governments, priced and provisioned more like a dedicated circuit.
A 2023 partnership lets cruise ships combine Starlink’s speed with O3b mPower’s steady capacity depending on what a ship needs at a given moment. Sunday’s completed 13 satellite constellation effectively finishes the medium orbit half of that pairing, years after.
Sunday’s mission was already a something on SpaceX’s manifest well before O3b mPower entered the picture. This flight marked its 29th trip to orbit, a history that includes two crewed Axiom missions, the European Space Agency’s Euclid telescope and 22 separate Starlink batches. SpaceX has landed boosters on the droneship A Shortfall of Gravitas so often that Sunday’s touchdown attempt, if it went as planned, was set to be the 661st successful Falcon booster landing to date.
For a company that pushed the Starlink constellation past 11,000 satellites back in August, almost entirely through bulk launches from California, Sunday’s flight was a reminder that SpaceX’s schedule still has room for someone else’s satellites too. SES gets a finished network built for a narrower set of customers, and Falcon 9 gets one more line on an already long resume.


