News
SpaceX ready for one more mission before Falcon Heavy’s maiden launch
Set to be the nightcap of relatively slow January for SpaceX, the rocket company is nearing the end of preparations for the launch of a communications satellite co-owned by SES and the government of Luxembourg, known as GovSat-1/SES-16. Scheduled to lift off no earlier than 4:25PM EST (2125 GMT) on Tuesday, January 30, the launch will continue SES’ tradition of flying aboard reused SpaceX rockets, with the ~4000 kg communication satellite expected to be carried into orbit by Falcon 9 B1032 (Booster #32), a booster that first flew during the May 2017 launch of the National Reconnaissance Office’s (NRO) classified NROL-76 spacecraft.
A panorama of LC-40 ahead of its return to flight, the CRS-13 Cargo Dragon mission. The same pad will host GovSat-1 in just over 24 hours. (Tom Cross/Teslarati)
Following an incredible six flight-proven Falcon 9 launches in 2017, the very first year SpaceX began flying reused rockets, GovSat-1 will mark the first of many, many additional flight-proven launches to come in 2018. Even before the inaugural flights of the purpose-built, highly reusable Block 5 of Falcon 9, currently slated for sometime in the next several months, SpaceX is expected to conduct a flurry of flight-proven launches as it wears down its stock of soon-to-be-outdated rockets of the Block 3 and 4 varieties. Educated estimates place the number of reused launches at around five between February and April 2018, six if Falcon Heavy is included (both side boosters are flight-proven). A minimum of six more reused Falcon 9s are then expected to fly between May and the end of 2018, and this almost certainly does not account for the imminent introduction of Block 5.
It is reasonable to assume that the first successful flights of Falcon 9 Block 5 and first several manufactured cores will be followed only months later by a phase change towards reusability. This shift will likely see SpaceX move to a mode of operations that strongly encourages and subsidizes reused boosters as the default option for customers, with flights aboard new cores a comparatively rare alternative reserved only for unique holdouts like NASA, the USAF, and NRO.
2 Falcons on 2 Pads launching by @SpaceX in next 2 weeks 1st time-#FalconHeavy at #pad39A (l) & #Falcon9 #SES16 #GovSat1 at pad #SLC40 (r) post Jan 26 static fire test at @CapeCanaveralFL AFS. Credit: @ken_kremer https://t.co/5g37NsRw85 #SpaceUpClose pic.twitter.com/Lnoh3sCWUB
— Ken Kremer🇺🇦🇩🇪🇺🇸🚀🧪 (@ken_kremer) January 27, 2018
Somewhat sadly, the inherent engineering limits of older versions of Falcon 9 and the imminent introduction of Block 5 mean that SpaceX has less and less of a need to recover flight proven boosters that have no hope of being cost-effectively refurbished and conducting additional flights. This attitude was highlighted with the fourth launch of ten Iridium NEXT satellites in late December 2017, which saw a flight-proven Falcon 9 conduct a controlled ocean ditch after separating from the second stage. While crew aboard at least one of SpaceX’s fleet of recovery vessels were tasked with attempting to recover any accessible floating debris after the first stage ditched into the ocean, it was very much intentionally expended, and SpaceX’s West coast drone ship never left port. GovSat-1 will see this intentional practice of expending recoverable boosters continue – Falcon 9 B1032 is also expected to ditch into the ocean, with no recovery attempt being made aboard the drone ship Of Course I Still Love You.
Nevertheless, SpaceX-leased recovery vessels GO Quest and GO Searcher were both seen leaving Port Canaveral, Florida yesterday, presumably in order to attempt the recovery of either floating debris from the first stage and/or the rocket’s payload fairing, a milestone that SpaceX is still striving to reach.
L-1 day #Falcon9 launch weather forecast. Forecast is unchanged from yesterday. A 40% chance of acceptable conditions in the 2hr launch window tomorrow with the primary concern being winds. #SpaceX #SES #SES16 #GovSat1 pic.twitter.com/PoUx9V0qK7
— Chris G (@ChrisG_SpX) January 29, 2018
-
-
Follow along live as launch photographer Tom Cross and I cover these exciting proceedings as close to live as possible. Tom will be heading to Cape Canaveral Air Force Station early tomorrow morning in order to set up his remote cameras to capture yet another beautiful SpaceX launch.
Teslarati – Instagram – Twitter
Tom Cross – Instagram
Eric Ralph – Twitter
-
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
-
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
-
High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
-
Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
-
However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
