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SpaceX set for third Falcon Heavy launch: here’s how to watch live
SpaceX is T-18 hours to its second Falcon Heavy launch in barely 70 days, set to lift off with the Department of Defense’s Space Test Program-2 (STP-2) rideshare mission no earlier than (NET) 11:30 pm EDT (03:30 UTC), June 24th.
According to SpaceX CEO Elon Musk, STP-2 is without a doubt the company’s “most difficult launch ever”, owing to a multitude of high-stakes performance requirements, US military and NASA oversight, several technical milestones, challenging booster and fairing recoveries, and much, much more. Should SpaceX succeed on all fronts, the company will have taken a massive leap towards being able to offer competitive launch services that can fulfill all of the US government’s many different spaceflight needs.
Prelaunch Appetizers ???
- SpaceX set for Falcon Heavy triple booster landing, hottest center core reentry yet
- SpaceX ship Mr. Steven renamed, departs for first Falcon Heavy fairing catch attempt in 7 months
Challenges all the way down
Likely the single most challenging aspect of STP-2 is the performance the mission’s Falcon 9 upper stage will have to deliver. SpaceX describes the challenge below:
“[The STP-2 mission] will deliver 24 satellites to space on the DoD’s first-ever SpaceX Falcon Heavy launch. [It] will be among the most challenging launches in SpaceX history, with four separate upper-stage engine burns, three separate deployment orbits, a final propulsive passivation maneuver, and a total mission duration of over six hours.”
— SpaceX.com/STP-2
According to older USAF documents (STP-2’s original launch target was mid-2015), those numbers could actually rise as high as five separate upper-stage Merlin Vacuum burns and a mission duration of more than 7.5 hours. Given the last-second decision to move Falcon Heavy’s center core recovery from ~40 km offshore to more than 1240 km offshore, it’s fairly likely that five burns and 7.5 hours will be closer to the reality of STP-2. In short, the center core will move from a gentle recovery to what will probably be SpaceX’s hottest and hardest booster recovery ever to transfer as much margin as possible to STP-2’s upper stage.
With regard to that extra spicy reentry, Falcon Heavy center core B1057 – the second Block 5 center core built by SpaceX – is now expected to attempt a landing aboard drone ship Of Course I Still Love You (OCISLY) more than 1240 km (770 mi) off the coast of Florida, potentially smashing the current record of ~970 km (600 mi).
At the same time, fairing recovery vessel GO Ms. Tree (formerly Mr. Steven; renamed due to change in ownership) is steaming hard, heading anywhere from 1400-1600 km into the Atlantic Ocean. Falcon Heavy STP-2 will be the vessel’s first attempted fairing catch since December 3rd, 2018, nearly seven months ago. It will likely crush the previous record for most distant fairing recovery attempt by 50% or more. Whether or not the vessel succeeds and catches its first Falcon fairing(s) ever, it’s exciting to see Ms. Tree (Mr. Steven) out and about for a fairing recovery after months of inactivity.
As always, SpaceX will host an official Falcon Heavy STP-2 livestream, beginning around T-15 minutes and likely lasting at least 1-2 hours as the rocket’s upper stage prepares for a ~7.5-hour orbital marathon.
Want to remember the awesomeness of Falcon Heavy every single day? Consider a limited-edition set of high-quality prints, signed by both Teslarati photographers to commemorate the rocket’s inaugural Starman launch.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
