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SpaceX ships head to sea for fifth upgraded GPS satellite launch [webcast]
Two SpaceX ships have headed to sea to recover parts of Falcon 9 after the rocket’s fifth upgraded GPS III satellite launch for the US military.
On Tuesday, SpaceX confirmed that Falcon 9 is scheduled to launch GPS III Space Vehicle 06 (SV06) no earlier than (NET) 7:10 am EST (12:10 UTC) on Wednesday, January 18th. Built by Lockheed Martin for an average of $610 million each [PDF], the payload is the sixth of ten upgraded GPS III satellites and weighs around 4.35 tons (~9600 lb). Its eventual destination is a circular Medium Earth Orbit (MEO) around 20,200 kilometers (12,550 mi) above Earth’s surface, where it will join dozens of other GPS satellites.
If past trends continue, SpaceX’s two-stage Falcon 9 rocket will be tasked with launching GPS III SV06 to a transfer orbit measuring around 400 kilometers by 20,200 kilometers. The satellite will then use its own propulsion system and propellant to raise its perigee and enter a circular, operational orbit.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
SpaceX will then attempt to recover Falcon 9’s reusable booster on drone ship A Shortfall of Gravitas (ASOG), which will be stationed about 640 kilometers (~400 mi) northeast of the company’s Cape Canaveral Space Force Station LC-40 launch pad. ASOG was towed to sea on Friday, January 13th. Used once before to launch four astronauts on SpaceX’s Crew-5 mission, Falcon 9 B1077 will reportedly launch GPS III SV06, becoming the second flight-proven rocket to launch a GPS III satellite.
770 kilometers (~460 mi) downrange, recovery ship Doug – which left port on January 15th – will try to fish Falcon 9’s GPS III SV06 payload fairing halves out of the ocean for reuse. Fairing recovery and reuse have quietly become almost as reliable and routine as Falcon booster recovery. SpaceX is still the only company or group to successfully reuse an orbital-class rocket’s fairing.
GPS III SV06 will be SpaceX’s fifth upgraded GPS satellite launch since December 2018. The mission is part of a block of four contracts that represent a minor revolution in US military launch procurement. During SpaceX’s first GPS III launch, the company was forced to expend an entire Falcon 9 rocket – likely out of an abundance of caution and at the request of the US Air Force. For its three subsequent GPS III launches, SpaceX was able to recover each Falcon 9 booster while still launching the payload to the same orbit as the first expendable mission.
Soon after that first success, SpaceX won a contract worth $290.5 million for three more GPS III launches. At some point, the US military reassessed the situation and decided that SpaceX’s reusable Falcon boosters were becoming reliable enough to safely launch military payloads. The Space Force ultimately renegotiated its contract with SpaceX to allow the company to launch GPS III SV05 and SV06 on reused Falcon 9 boosters, reducing the total cost to the taxpayer to $226.5 million.
After GPS III SV06, the Space Force only has one GPS III launch contract left – using a ULA Vulcan rocket that has yet to fly. The three remaining GPS III satellites still need launch contracts, and the first tranche of ten GPS III satellites will be followed by up to 22 GPS IIIF Follow On satellites that will also need launches. Given the company’s track record and lower prices, SpaceX will likely be tasked with launching a large portion of those future satellites throughout the 2020s and into the 2030s.
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Tune in below around 6:55 am EST (11:55 UTC) to watch SpaceX’s fifth GPS III launch live.
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
