SpaceX is in the final stages of preparing a trio of Falcon 9 rockets for a set of launches scheduled less than two days apart.
The potential hat trick will likely be the last opportunity for a salvo of Falcon launches before the end of 2022. As a disclaimer, while unofficial launch dates (derived from regulatory documents or well-sourced public manifests) were consistently close to actual launch dates for most of 2022, that ceased to be the case when SpaceX began experiencing an abrupt uptick in launch delays over the last two months. As a result, Falcon launch dates – even once confirmed by SpaceX – should be assumed to be a bit more uncertain than usual until it’s clear that that trend has died down.
Nonetheless, all available signs indicate that SpaceX and its customers are moving forward with plans for three back-to-back launches before the end of the week.
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
Set to kick off the diverse trio is the Surface Water and Ocean Topography (SWOT) spacecraft, a roughly $1.2 billion joint mission between NASA and French space agency CNES. Thanks in part to the COVID pandemic, which has and continues to impact large swaths of NASA and the aerospace industry, NASA’s Jet Propulsion Laboratory completed its portion of SWOT around 9% over budget and eight months behind schedule [PDF] since mission formulation began in 2012. Over a similar time scale, several other NASA missions have experienced cost increases of 10-100%, generally reflecting well on SWOT’s management.
SWOT, a roughly two-ton (~4400 lb) satellite, is designed to conduct the first global survey of all surface water on Earth using two large synthetic aperture radar (SAR) antennas and a conventional radar altimeter. At a cost of roughly $112 million, a SpaceX Falcon 9 rocket is scheduled to launch SWOT to low Earth orbit (LEO) no earlier than (NET) 3:46 am PST (11:46 UTC) on Thursday, December 15th. SpaceX successfully tested SWOT’s Falcon 9 well in advance on December 10th. The rocket was then returned to the company’s hangar at Vandenberg Space Force Base (VSFB) Space Launch Complex 4E for payload installation before rolling back to the pad on December 13th.
The light satellite and low target orbit will allow Falcon 9’s booster to return to the launch site and land at SpaceX’s LZ-4 landing zone, precluding the need for a drone ship recovery.
Up next, another Falcon 9 rocket is scheduled to launch the first two of eleven Boeing-built O3b mPOWER communication satellites for operator SES as early as 4:21 pm EST (21:21 UTC), Friday, December 16th. After lifting off from SpaceX’s Cape Canaveral Space Force Station (CCSFS) LC-40 pad, Falcon 9 is set to launch the roughly 3.4-ton (~7500 lb) pair of satellites to a medium Earth orbit (MEO) with an altitude of 7825 kilometers (4862 mi).
It’s unclear what orbit Falcon 9 will launch the satellites to, but the rocket’s booster will land on drone ship A Shortfall of Gravitas (ASOG) some 700 kilometers (~435 mi) downrange, indicating that it will need as much performance as the rocket can give. ASOG departed Port Canaveral on December 11th, confirming that launch preparations are well underway.
Finally, a third Falcon 9 rocket could launch SpaceX’s first Starlink mission since October 28th as early as 4:54 or 5:13 pm EST (21:54 or 22:13) on December 16th, potentially just 33 or 52 minutes after O3b mPOWER 1&2. If the two missions do launch on December 16th, which a reliable source of unofficial information has indicated is not guaranteed, it will smash the US record for back-to-back launches of the same rocket family. Russia’s R-7 rocket family will retain the international crown, however, having launched twice in 25 minutes in 1969.
Starlink 4-37 will lift off from SpaceX’s NASA Kennedy Space Center LC-39A pad, and its Falcon 9 booster will attempt to launch on drone ship Just Read The Instructions (JRTI). JRTI departed Port Canaveral on December 12th.
Following Starlink 4-37, SpaceX has at least two more launches tentatively scheduled before the end of 2022. NextSpaceflight.com reports that SpaceX could launch its sixth Transporter rideshare mission from Florida on December 27th, and two Israeli EROS-C3 Earth observation satellites out of California on December 29th. However, it’s worth noting that in the almost 17-year history of SpaceX Falcon operations, the company has never launched a rocket after December 23rd or before January 6th. Transporter-6 and EROS-C3 – SpaceX’s 60th and 61st launches of the year – would have to break through that apparent firewall to launch when they are currently scheduled.
Elon Musk
Tesla CEO Elon Musk drops massive bomb about Cybercab
“And there is so much to this car that is not obvious on the surface,” Musk said.
Tesla CEO Elon Musk dropped a massive bomb about the Cybercab, which is the company’s fully autonomous ride-hailing vehicle that will enter production later this year.
The Cybercab was unveiled back in October 2024 at the company’s “We, Robot” event in Los Angeles, and is among the major catalysts for the company’s growth in the coming years. It is expected to push Tesla into a major growth phase, especially as the automaker is transitioning into more of an AI and Robotics company than anything else.
The Cybercab will enable completely autonomous ride-hailing for Tesla, and although its other vehicles will also be capable of this technology, the Cybercab is slightly different. It will have no steering wheel or pedals, and will allow two occupants to travel from Point A to Point B with zero responsibilities within the car.
Tesla shares epic 2025 recap video, confirms start of Cybercab production
Details on the Cybercab are pretty face value at this point: we know Tesla is enabling 1-2 passengers to ride in it at a time, and this strategy was based on statistics that show most ride-hailing trips have no more than two occupants. It will also have in-vehicle entertainment options accessible from the center touchscreen.
It will also have wireless charging capabilities, which were displayed at “We, Robot,” and there could be more features that will be highly beneficial to riders, offering a full-fledged autonomous experience.
Musk dropped a big hint that there is much more to the Cybercab than what we know, as a post on X said that “there is so much to this car that is not obvious on the surface.”
And there is so much to this car that is not obvious on the surface
— Elon Musk (@elonmusk) January 2, 2026
As the Cybercab is expected to enter production later this year, Tesla is surely going to include a handful of things they have not yet revealed to the public.
Musk seems to be indicating that some of the features will make it even more groundbreaking, and the idea is to enable a truly autonomous experience from start to finish for riders. Everything from climate control to emergency systems, and more, should be included with the car.
It seems more likely than not that Tesla will make the Cybercab its smartest vehicle so far, as if its current lineup is not already extremely intelligent, user-friendly, and intuitive.
Investor's Corner
Tesla Q4 delivery numbers are better than they initially look: analyst
The Deepwater Asset Management Managing Partner shared his thoughts in a post on his website.
Longtime Tesla analyst and Deepwater Asset Management Managing Partner Gene Munster has shared his insights on Tesla’s Q4 2025 deliveries. As per the analyst, Tesla’s numbers are actually better than they first appear.
Munster shared his thoughts in a post on his website.
Normalized December Deliveries
Munster noted that Tesla delivered 418k vehicles in the fourth quarter of 2025, slightly below Street expectations of 420k but above the whisper number of 415k. Tesla’s reported 16% year-over-year decline, compared to +7% in September, is largely distorted by the timing of the tax credit expiration, which pulled forward demand.
“Taking a step back, we believe September deliveries pulled forward approximately 55k units that would have otherwise occurred in December or March. For simplicity, we assume the entire pull-forward impacted the December quarter. Under this assumption, September growth would have been down ~5% absent the 55k pull-forward, a Deepwater estimate tied to the credit’s expiration.
“For December deliveries to have declined ~5% year over year would imply total deliveries of roughly 470k. Subtracting the 55k units pulled into September results in an implied December delivery figure of approximately 415k. The reported 418k suggests that, when normalizing for the tax credit timing, quarter-over-quarter growth has been consistently down ~5%. Importantly, this ~5% decline represents an improvement from the ~13% declines seen in both the March and June 2025 quarters.“
Tesla’s United States market share
Munster also estimated that Q4 as a whole might very well show a notable improvement in Tesla’s market share in the United States.
“Over the past couple of years, based on data from Cox Automotive, Tesla has been losing U.S. EV market share, declining to just under 50%. Based on data for October and November, Cox estimates that total U.S. EV sales were down approximately 35%, compared to Tesla’s just reported down 16% for the full quarter. For the first two months of the quarter, Cox reported Tesla market share of roughly a 65% share, up from under 50% in the September quarter.
“While this data excludes December, the quarter as a whole is likely to show a material improvement in Tesla’s U.S. EV market share.“
Elon Musk
Tesla analyst breaks down delivery report: ‘A step in the right direction’
“This will be viewed as better than feared deliveries and a step in the right direction for the Tesla story heading into 2026,” Ives wrote.
Tesla analyst Dan Ives of Wedbush released a new note on Friday morning just after the company released production and delivery figures for Q4 and the full year of 2025, stating that the numbers, while slightly underwhelming, are “better than feared” and as “a step in the right direction.”
Tesla reported production of 434,358 and deliveries of 418,227 for the fourth quarter, while 1,654,667 vehicles were produced and 1,636,129 cars were delivered for the full year.
Tesla releases Q4 and FY 2025 vehicle delivery and production report
Interestingly, the company posted its own consensus figures that were compiled from various firms on its website a few days ago, where expectations were set at 1,640,752 cars for the year. Tesla fell about 4,000 units short of that. One of the areas where Tesla excelled was energy deployments, which totaled 46.7 GWh for the year.
🚨 Wedbush’s Dan Ives has released a new note on Tesla $TSLA:
“Tesla announced its FY4Q25 delivery numbers this morning coming in at 418.2k vehicles slightly below the company’s consensus delivery estimate of 422.9k but much better than the whisper numbers of ~410k as the…
— TESLARATI (@Teslarati) January 2, 2026
In terms of vehicle deliveries, Ives writes that Tesla certainly has some things to work through if it wants to return to growth in that aspect, especially with the loss of the $7,500 tax credit in the U.S. and “continuous headwinds” for the company in Europe.
However, Ives also believes that, given the delivery numbers, which were on par with expectations, Tesla is positioned well for a strong 2026, especially with its AI focus, Robotaxi and Cybercab development, and energy:
“This will be viewed as better than feared deliveries and a step in the right direction for the Tesla story heading into 2026. We look forward to hearing more at the company’s 4Q25 call on January 28th. AI Valuation – The Focus Throughout 2026. We believe Tesla could reach a $2 trillion market cap over the coming year and, in a bull case scenario, $3 trillion by the end of 2026…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
It’s no secret that for the past several years, Tesla’s vehicle delivery numbers have been the main focus of investors and analysts have looked at them as an indicator of company health to a certain extent. The problem with that narrative in 2025 and 2026 is that Tesla is now focusing more on the deployment of Full Self-Driving, its Optimus project, AI development, and Cybercab.
While vehicle deliveries still hold importance, it is more crucial to note that Tesla’s overall environment as a business relies on much more than just how many cars are purchased. That metric, to a certain extent, is fading in importance in the grand scheme of things, but it will never totally disappear.
Ives and Wedbush maintained their $600 price target and an ‘Outperform’ rating on the stock.
Tesla CEO Elon Musk drops massive bomb about Cybercab
Tesla Q4 delivery numbers are better than they initially look: analyst
