News
SpaceX COO says Starlink is just five launches away from “full global connectivity”
The day before SpaceX aced its eighth Starlink launch in three months, President and COO Gwynne Shotwell implied that the company’s constellation of satellites could achieve “full [global] connectivity” just a handful of months from now.
Speaking at Satellite 2021’s “LEO Digital Forum” on April 6th, Shotwell revealed that SpaceX hopes to cross that milestone a few months after a total of 28 operational Starlink launches have been completed. Around 25 hours after her panel appearance, SpaceX launched its 490th Starlink satellite of the year, more or less wrapping up the first quarter of 2021.
SpaceX’s April 7th Starlink launch and booster landing was the 23rd successful launch of operational ‘v1.0’ satellites since they began flying in November 2019. All told, of the 1383 operational satellites launched by SpaceX in those 17 months, some 1369 are still in orbit, at least 1356 are functioning as expected, and more than 900 have reached their final orbits and are operational. Another 400 appear to be in long-term parking orbits dozens to hundreds of kilometers below their operational 550 km (~340 mi) ceiling, the purpose of which is unclear.
Once the 400-500 satellites now in low parking orbits reach whatever orbital parameters they’re waiting on, it’s unlikely to take more than two or three months for them to boost up to an operational altitude. Starlink-23 added another 60 around 250 km (155 mi). All told just the satellites SpaceX has in parking orbits are several times larger than the next largest constellations.
Given Shotwell’s 28-launch comment and a general idea of SpaceX’s 2021 launch cadence targets, it’s possible to extrapolate to a reasonably accurate timeline for the constellation to reach a point of “full connectivity globally” – albeit with a few caveats. First, it’s unclear what exactly the SpaceX President and COO meant with that phrase, given that SpaceX will require a substantial number of polar orbit satellites before Starlink can truly cover every single inch of Earth’s surface.
If Shotwell is including one or more dedicated polar Starlink launches in her rough 28-launch estimate, Starlink’s global connectivity timeline is effectively a complete mystery until SpaceX offers more information on its plans to build out that segment of its constellation. If she isn’t accounting for total polar coverage and means something akin to “full connectivity” for ~99% of the global population, though, it’s a simple task to estimate when Starlink might reach that milestone.
While SpaceX appears to be standing down Starlink launches for around two weeks to focus fully on Crew Dragon’s second operational astronaut launch (Crew-2), the company is expected to jump right back to rapid-fire Starlink launches in the last week or so of April. If, from that point on, SpaceX matches its Q1 2021 average and manages one Starlink mission every ~12 days, Starlink-28 could launch in late-June – and possibly even earlier. From then on, it’s just a matter of verifying each satellite’s health in space before allowing the spacecraft to boost up to their operational orbits.
In other words, barring unprecedented numbers of early satellite failures or unusually long orbit-raising periods, it’s likely that SpaceX will have enough operational satellites – around 1700 – for near-total, uninterrupted Starlink coverage of the inhabited world by the end of Q3 (September) 2021.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
