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SpaceX go for third Starlink in one month as rare six-flight booster returns to port
SpaceX has confirmed that it’s on track to attempt the third Starlink launch this month at the same time as the last Starlink mission’s rare six-flight Falcon 9 booster sailed into port.
A few hours after Falcon 9 booster B1051 arrived back at Port Canaveral aboard drone ship Of Course I Still Love You (OCISLY), SpaceX announced via Twitter that it would launch another batch of 60 Starlink satellites no earlier than (NET) 12:14 pm EDT (16:14 UTC) Thursday, October 22nd. A ~24-hour delay from an earlier October 21st target, Starlink V1 L14 (Starlink-14) is still scheduled to launch just four days after Starlink-13.
Additionally, a 24-hour delay retains that possibility that Falcon 9 booster B1060 – assigned to Starlink-14 – will still break SpaceX’s (and thus the world’s) turnaround record for an orbital-class reusable rocket.
Back in Port Canaveral, Falcon 9 booster B1051’s safe return to port marks a significant milestone, proving (while wholly unsurprising, at this point) that Falcon 9 B1049’s successful sixth launch and landing was not a simple fluke. More importantly, much like B1049’s historic sixth flight came just 75 days after its fifth, Falcon 9 B1051 also spent a brief 72 days between flights 5 and 6 – technically making it the fifth-fastest booster turnaround in SpaceX history.
In other words, five-flight boosters don’t necessarily need more inspection or refurbishment, even if the first nth flight of any booster likely necessitates exceptionally care to document its condition and ensure that the rocket’s systems are still performing as expected. In fact, Falcon 9 booster B1049 was recently spotted – apparently in temporary storage – outside Pad 39A, seemingly implying that the rocket has already been made ready for its seventh launch less than 60 days after launch #6.
After Starlink-13, SpaceX’s fleet of five flight-proven Falcon 9 boosters has a current average of 4.2 flights per booster – almost inconceivable just two or three years ago. While Starlink-14 wont break or tie any nth-reuse records, Falcon 9 B1060 – now onto its third flight – is currently scheduled to launch just 49 days after its second launch and landing on September 3rd. In July 2020, SpaceX broke the world record for orbital-class rocket turnaround when Falcon 9 booster B1058 launched for the second time in just 51 days, breaking the previous 54-day record held for more than 35 years by NASA’s Space Shuttle.
If successful and barring more than a 24-hour delay, Falcon 9 booster B1060 is on track to steal booster B1058’s crown – what was once a rarity now likely to become a regular occurrence as SpaceX continues to explore the limits of booster reusability.
Conditions on October 22nd have a 50% chance of violating Falcon 9 weather constraints, necessitating a delay due to the instantaneous window used for Starlink launches. Forecasts for a backup window on October 23rd show a slightly better 40% chance of weather violation. As usual, SpaceX will host an official launch webcast beginning around 15 minutes before liftoff – noon EDT (16:00 UTC). Tune in below.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
