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SpaceX aces three Falcon 9 launches in 34 hours
SpaceX has successfully launched three Falcon 9 rockets less than 34 hours apart, leaving the company only one mission shy of CEO Elon Musk’s ambitious target of 60 launches in 2022.
The period was almost even more intense, with two launches briefly scheduled minutes apart and all three set to launch in the space of 10-11 hours. But the more conservative sequencing SpaceX ultimately settled on still produced impressive results and allowed the company to break its own world record for the fastest time to complete three launches of the same rocket. In June 2022, SpaceX managed three similar launches – a Starlink mission, a scientific Earth observation satellite, and a commercial communications satellite – in 36 hours and 18 minutes.
Six months later, SpaceX has shaved more than two hours off of its own feat with the successful launches of another Earth observation satellite, a pair of commercial communications satellites, and 54 Starlink satellites in 33 hours and 46 minutes.
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
SpaceX’s latest hat trick began on December 16th with a Falcon 9 launch of the joint US-French Surface Water and Ocean Topography (SWOT) mission out of Vandenberg Space Force Base (VSFB), California. Delayed from December 12th and 15th, the launch was nonetheless a perfect success, placing the 2.2-ton (~4850 lb) radar satellite into a low Earth orbit that will allow it to precisely analyze virtually every inch of exposed water on Earth. That unprecedented capability should make it easier for scientists to study and understand Earth’s water cycle, as well as humanity’s substantial impact on those processes.
A little over 11 hours later, a second Falcon 9 rocket lifted off from SpaceX’s Cape Canaveral Space Force Station LC-40 pad carrying the first two Boeing-built O3b mPOWER satellites for satcom provider SES. Once again, SpaceX’s workhorse rocket did its job perfectly, even managing to exceed its contracted parameters according to SES CEO Steve Collar. Falcon 9’s better-than-expected performance will reduce the amount of time and propellant each 1.7-ton (~3750 lb) mPOWER satellite requires to reach its operational orbit, potentially ensuring a quicker path to revenue generation and longer useful lifespans.
SpaceX is on contract to launch all 11 initial mPOWER satellites. The next nine satellites will head to orbit sometime in 2023 and 2024 as Boeing completes them.
Finally, less than a day later after O3b mPOWER 1&2, a third Falcon 9 rocket lifted off from SpaceX’s NASA Kennedy Space Center LC-39A pad (just a few miles north of LC-40) with what could be the last full batch of “Group 4” Starlink V1.5 satellites. SpaceX’s first-generation Starlink constellation is comprised of five groups of satellites operating in distinct orbital ‘shells,’ and the company’s December 18th launch of Starlink 4-37 will leave SpaceX just 14 satellites away from fully finishing the second of two shells of 1584 satellites. All told, Starlink 4-37 was SpaceX’s 65th operational Starlink launch since November 2019 and the company likely has just ~20 launches to go to complete its first satellite constellation – already the largest in history by an order of magnitude.
All three launches were completed in less than a day and a half. Further emphasizing the breadth of SpaceX’s expertise, each Falcon 9 booster successfully landed after supporting their respective orbital launch, ensuring that those boosters will all be able to support more launches in the near future. In fact, Starlink 4-37 was the 15th mission for its Falcon 9 booster, B1058, breaking SpaceX’s internal reuse record and pushing the technology’s envelope. It remains to be seen if the company will push beyond 15 flights. In June 2022 interviews with Aviation Week, SpaceX executives stated that Falcon boosters would be retired after 15 flights – a big change from past indications that there was nothing preventing each booster from launching 100+ times with regular maintenance.
Starlink 4-37 was also SpaceX’s 59th successful orbital launch of 2022. In March, CEO Elon Musk raised an earlier annual target of 52 launches to 60 launches. At the time, 60 launches in one year was almost inconceivable. Set in 1980, the all-time record for a family of rockets (the Russian R-7) is 61 successful launches in one calendar year.
But against all odds, SpaceX has relentlessly executed week after week and sustained an average of one launch every six days for more than 12 months. Multiple sources currently indicate that SpaceX has two more Falcon 9 launches scheduled this year: another Starlink mission as early as December 28th and a mission carrying the Israeli EROS-C3 Earth imaging satellite on December 29th. SpaceX’s Falcon rocket family thus has a chance to tie the all-time record of 61 R-7 family launches, which was backed by the entire Soviet Union at the peak of its national launch cadence.
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
