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SpaceX targeting 100 launches in 2023
CEO Elon Musk says that SpaceX is aiming to complete up to 100 launches in 2023 while the company continues to set records in 2022.
In the history of orbital spaceflight, no family of rockets – let alone a single variant like Falcon 9 – has completed more than 61 successful launches in one calendar year. The cadence target Musk is suggesting is unprecedented and would be an extraordinary challenge even for SpaceX, a company that just completed its 50th successful Falcon 9 launch in a little over 12 months. However, it’s less impossible than it sounds.
After a few years of stagnation at a cadence of roughly 15-20 launches per year from 2017 through 2019, and an impressive doubling from 2019 to 2020 as Starlink entered its buildout phase, SpaceX effectively flipped a switch in 2021. 2020 appears to have been a sort of trial run, demonstrating that SpaceX was able to launch one Falcon 9 rocket every two weeks. At 26 launches for the year, it broke SpaceX’s previous record – 21 launches, set in 2018 – by almost 25%. But something changed in 2021.
In the first half of the year, SpaceX launched 20 times, demonstrating an unexpected 50% improvement over 2020’s annual cadence. In the second half of the year, SpaceX had two strange gaps of almost two months each, during which it didn’t once. In the other two months, though, SpaceX launched 11 times, effectively demonstrating another launch cadence improvement of more than 50% over the first half of the year. Finally, SpaceX completed 6 of those 11 launches in a period of 4 weeks near the end of the year – an annual cadence of 78 launches if sustained for a full year.
Thus far, 2022 has been an eight-month extension of the last few weeks of 2021. SpaceX even appears to have improved upon itself again, accelerating its launch cadence throughout the year. In the first half of the year, SpaceX managed 27 Falcon 9 launches, nearly beating the 31-launch record it set in 2021 in half the time and demonstrating an annual cadence of up to 54 launches per year if sustained.
Instead of continuing that already impressive pace in the second half of the year, SpaceX launched six times in July and another six times in August, sustaining an annualized cadence of 72 launches per year for two full months. At the moment, that could be considered a fluke. But if SpaceX manages another six launches in September, which is the plan, it can likely be deemed a new normal for Falcon 9 launch cadence.
From 60 to 100
To achieve 100 Falcon launches in 2023, SpaceX would need to find a way to launch an average of eight times per month, an improvement of 33% over the six-launch months the company appears to be increasingly comfortable with. Likely thanks to intentional planning and overengineering done years in advance of the payoff, SpaceX’s fleet of Falcon launch pads and recovery ships – drone ship landing platforms especially – appear to be capable of achieving that lofty cadence goal.
Assuming all three pads were able to consistently operate at their fastest demonstrated turnaround times with little to no downtime, they could theoretically support around 115 launches per year. SpaceX drone ship availability is another concern, but the current fleet of three ships can theoretically support 100 Falcon 9 landings in one year if each ship is able to recover one booster every 11 days. Of course, achieving such tight margins would require extremely inflexible scheduling and leave almost no margin for error – perhaps just a day or less per launch, on average.
Without significant upgrades, either feat would be extremely impressive on its own. Stacking those challenges, launching 100 times in 2023 would require an extraordinary effort and a good amount of luck. But it’s far from impossible. Gven the abrupt and impressive progress SpaceX has made and continues to make in 2021 and 2022, it’s also a reasonable goal: far from easy but well within reach with some moderate improvements.
Finally, Musk’s calculus may include a number of launches of SpaceX’s next-generation Starship rocket, which would make the task even more achievable for Falcon 9 and Falcon Heavy. Time will tell, and SpaceX’s activity in the last four months of 2022 will make it clear whether 2023’s 100-launch target is truly feasible.
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
Tesla has once again demonstrated strong customer focus by swiftly addressing and fully refunding a bizarre Supercharger pricing glitch that affected drivers in Atlantic Canada.
The issue surfaced earlier this month when the Tesla app began displaying dramatically inflated per-minute charging rates at stations in Prince Edward Island and parts of New Brunswick.
One widely shared screenshot from a Charlottetown, PEI Supercharger showed rates reaching ridiculous levels: $6.00 per minute for the 180-250 kW tier, along with $3.57/min for 100-180 kW and $2.29/min for 60-100 kW.
Correct pricing will be going live at midnight tonight. All fees since July 2nd 2026 will be waived.
— Tesla Charging (@TeslaCharging) July 13, 2026
These figures were several times higher than normal Supercharger pricing in the region.
To put the error in perspective, charging at the highest incorrect rate would have been shockingly expensive.
At 250 kW, a common charging speed at Superchargers, a vehicle pulls roughly 4.17 kWh per minute. Under the glitch, a driver spending just 10 minutes at peak power would face a $60 bill. A typical 20- to 30-minute session to add meaningful range could have cost $120 to $180 or more, before any congestion fees.
Tesla gets another layer of gamification with Free Supercharging on the line
By comparison, standard Canadian Supercharger rates usually fall between $0.25 and $0.60 per kWh, making a similar session cost roughly $15–$40. The erroneous per-minute structure, combined with the inflated numbers, turned what should be a convenient stop into a potential financial shock.
The glitch appears to have started sometime around early July, and quickly drew attention on social media as owners questioned whether Tesla had implemented steep hidden increases. Some drivers even reported seeing $0 charges in their history, indicating broader billing confusion.
Tesla’s official Charging account on X stated that correct pricing would roll out at midnight on July 13, so the fix is already in effect. More importantly, the company announced it would waive all fees for every Supercharger session since July 2. This blanket waiver covers the entire affected period without requiring users to file individual claims, with automated refunds expected soon. The decision affects stations in PEI and nearby areas in New Brunswick and Nova Scotia.
It’s a classy move, and rather than issuing partial credits or forcing owners to submit support tickets, Tesla simply absorbed the cost of the system error and made drivers whole. In an industry where hidden fees and bill disputes are common, Tesla’s proactive, no-questions-asked approach reinforces owner trust and highlights the company’s commitment to service excellence.
The incident, while disruptive for a short time, ultimately showcases Tesla’s ability to own mistakes and prioritize customer satisfaction. Atlantic Canada Tesla owners can now charge with confidence again, knowing the company has their back when technology glitches occur.
In an era of complex EV billing, such transparency and generosity are refreshing and set a positive example for the industry.
SpaceX’s Starlink has launched its latest residential hardware kit: the V5. Designed for reliable high-speed internet, the new terminal represents a significant leap forward in user equipment.
The next generation Starlink Kit is designed to deliver reliable, high-speed home internet. Starlink V5 has a smaller form factor and lightweight design with greater power efficiency than the Starlink V4.
With speeds up to 375+ Mbps, Starlink V5 delivers seamless connectivity… pic.twitter.com/0dorU6n0oD
— Starlink (@Starlink) July 14, 2026
The new V5 Starlink kit features a dramatically smaller and lighter form factor, measuring approximately 384 mm x 306 mm x 34 mm and weighing just 1.1 kg, which is less than half the weight of the previous V4 model, which was 2.9 kg.
This compact design makes installation easier and more versatile, whether mounted on a roof, pole, or even integrated with a pipe adapter. An integrated LED light aids setup in low-light conditions.
Power efficiency sees major gains too. The V5 draws only 35-50W, reducing energy consumption and making it ideal for off-grid or solar-powered setups. Despite its smaller size, performance remains robust. Starlink claims peak speeds of 375+ Mbps, supported by a new Wi-Fi 6 Router Mini that covers up to 2,200 square feet and connects up to 235 devices simultaneously.
The kit maintains strong signal reliability in diverse environments, from urban rooftops to remote rural areas, as demonstrated in the promo footage released by SpaceX, showing seamless operation under cloudy skies.
These improvements expand suitable applications considerably. Households can enjoy lag-free 4K streaming, smooth video conferencing, online gaming, and smart home device management without interruption. The V5’s efficiency and portability also benefit RVs, small businesses, and temporary installations in disaster-recovery zones where quick deployment is critical. Its lightweight build lowers shipping costs and simplifies user handling compared to bulkier predecessors.
Starlink’s Broader Impact on Global Internet Connectivity
Since SpaceX began launching Starlink satellites in 2019, the constellation has grown rapidly. By mid-2026, over 10,400 satellites orbit Earth, with thousands more deployed annually. This massive low-Earth-orbit network delivers broadband to approximately 160 countries and territories, reaching millions of users who previously lacked reliable internet access.
Starlink plays a vital role in bridging the digital divide. It provides essential connectivity to remote communities, maritime vessels, airlines, and regions affected by natural disasters or infrastructure gaps. By combining advanced satellite technology with iterative hardware upgrades like the V5 kit, SpaceX continues to push the boundaries of global internet access, fostering education, economic opportunity, and emergency response capabilities worldwide.
As production ramps up, the V5 promises to make high-performance internet even more accessible to users everywhere.
Elon Musk’s Texas ranch to showcase the lifelong work that changed the world
Lucid CEO dispels any rumors of bankruptcy: ‘So far from the facts’
