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SpaceX ties 42-year-old Soviet record with last launch of 2022
SpaceX has tied a 42-year-old record with its 61st and final Falcon rocket launch of 2022.
Also marking the latest in a calendar year SpaceX has launched a rocket, a Falcon 9 lifted off from the company’s Vandenberg Space Force Base (VSFB) SLC-4E pad at 11:38 pm PST, Thursday, December 29th (7:38 UTC 30 Dec) carrying a tiny Earth observation satellite for Israeli company ImageSat International. Built by Israeli Aircraft Industries, the EROS C3 space telescope is the third of its kind and likely weighed just 400 kilograms (~900 lb) at liftoff, utilizing less than 1/40th of Falcon 9’s available performance in a reusable configuration.
The extremely light payload precluded the need for SpaceX to send drone ship Of Course I Still Love You (OCISLY) several hundred kilometers into the Pacific Ocean, likely saving several hundred thousand dollars. Instead, Falcon 9 booster B1061 lifted off for the 11th time, carried EROS C3 and an expendable Falcon 9 upper stage most of the way into space, and then boosted back towards the California coast to land less than a quarter-mile from SLC-4E.
EROS C3 was SpaceX’s 170th consecutively successful Falcon launch, 160th successful landing, and 132nd launch with a reused booster. But more importantly, the mission was also SpaceX’s 61st successful Falcon launch this year, tying a record that hasn’t been touched since 1980.
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
In 1980, after two decades of gradual buildup, the Soviet Union managed to launch variants of its R-7 workhorse rocket 64 times in one calendar year. 61 of those launches were successful, setting a record that has been left unchallenged for decades. Only the R-7 family ever posed a threat to its own record, managing 55 successful launches in 1988, but its launch cadence – heavily driven by disposable Cold War reconnaissance satellites – plummeted with the fall of the Soviet Union and has never recovered.
Only in 2022, almost half a century later, has the R-7 family finally found a worthy challenger for its annual launch cadence record. That the challenger is a private company that had to legally force its way into parts of the US launch industry is arguably one of the deepest possible condemnations of the relative stagnancy US space launch capabilities experienced after the Apollo Program. But it also makes SpaceX’s achievement – accomplished with rockets that did not exist before the late 2000s – even more impressive.
Similar to the Soviet peak, an extraordinary period during which the R-7 family successfully launched 1181 times in 22 years, there is one main driving force behind the recent surge in SpaceX’s launch cadence. But instead of the Cold War, the force behind Falcon’s rise is SpaceX’s own constellation of Starlink internet satellites. Since operational launches began in November 2019, Starlink satellites were the primary payload on 66 of the last 125 Falcon launches. In 2022 alone, SpaceX launched 34 Starlink missions.
In 2021, SpaceX completed 31 Falcon 9 launches, 17 of which were Starlink missions. In 2022, SpaceX’s 61 Falcon launches nearly doubled that peak year over year. For a few reasons, that annual doubling is unlikely to repeat itself anytime soon, if ever, but CEO Elon Musk has still issued SpaceX a target of 100 launches in 2023 – a 64% increase year-over-year.
Even that target will be a major challenge, but the EROS C3 mission holds a clue about one of the ways SpaceX can squeeze more out of its existing rockets and launch pads without needing to smash records. SpaceX’s busiest pad, Cape Canaveral’s LC-40, managed nine launches in the last three months of 2022. Its Kennedy Space Center LC-39A pad managed 18 launches over the year. Finally, EROS C3 was SLC-4E’s 13th launch of 2022.
While the California pad came in last, it does not have the same cadence constraints (Dragon and Falcon Heavy missions) as Pad 39A. And less than 12 days ago, SpaceX’s West Coast SLC-4E helped launch NASA and France’s SWOT water observation satellite. Having repeatedly demonstrated the ability to launch two Falcon 9 rockets in less than 12 days, SLC-4E has the potential to carry much more weight in the future. If SpaceX can improve the pad’s ease of use, it could feasibly support 20-25 launches per year, and potentially 30+ with further optimization.
With SLC-4E operating at a cadence of 25 launches per year and LC-40 and LC-39A both operating as-is, SpaceX could launch approximately 80 Falcon rockets in 2023. Ultimately, if SpaceX can maintain the Falcon family’s unprecedented streak of successful launches and improve the uptime of its existing pads, it’s hard to see the R-7 family’s annual cadence record making it to 2024. SpaceX also has a clear (but steep) path to 90+ Falcon launches next year, though simply mirroring its 2022 performance would still be an extraordinary feat.
Elon Musk
SpaceX to launch Starlink V2 satellites on Starship starting 2027
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls.
SpaceX is looking to start launching its next-generation Starlink V2 satellites in mid-2027 using Starship.
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls during remarks at Mobile World Congress (MWC) in Barcelona, Spain.
“With Starship, we’ll be able to deploy the constellation very quickly,” Nicolls stated. “Our goal is to deploy a constellation capable of providing global and contiguous coverage within six months, and that’s roughly 1,200 satellites.”
Nicolls added that once Starship is operational, it will be capable of launching approximately 50 of the larger, more powerful Starlink satellites at a time, as noted in a Bloomberg News report.
The initial deployment of roughly 1,200 next-generation satellites is intended to establish global and contiguous coverage. After that phase, SpaceX plans to continue expanding the system to reach “truly global coverage, including the polar regions,” Nicolls said.
Currently, all Starlink satellites are launched on SpaceX’s Falcon 9 rocket. The next-generation fleet will rely on Starship, which remains in development following a series of test flights in 2025. SpaceX is targeting its next Starship test flight, featuring an upgraded version of the rocket, as soon as this month.
Starlink is currently the largest satellite network in orbit, with nearly 10,000 satellites deployed. Bloomberg Intelligence estimates the business could generate approximately $9 billion in revenue for SpaceX in 2026.
Nicolls also confirmed that SpaceX is rebranding its direct-to-cell service as Starlink Mobile.
The service currently operates with 650 satellites capable of connecting directly to smartphones and has approximately 10 million monthly active users. SpaceX expects that figure to exceed 25 million monthly active users by the end of 2026.
Elon Musk
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Elon Musk’s social platform X and artificial intelligence startup xAI are reportedly preparing to repay approximately $17.5 billion in outstanding debt in full.
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Morgan Stanley, which arranged the debt financing for both companies, has reportedly informed existing lenders that X and xAI plan to pay back the full amount of the $17.5 billion debt. Bloomberg’s sources did not disclose where the capital for the repayment would be coming from.
X, formerly known as Twitter, assumed roughly $12.5 billion in debt during Musk’s acquisition of the company. xAI separately borrowed about $5 billion through bonds and loans last June. The two firms merged last year under xAI Holdings.
Bloomberg noted that portions of the debt are relatively recent and may carry early repayment penalties. xAI’s $3 billion in high-yield bonds are expected to be redeemed at 117 cents on the dollar, reflecting a premium since the debt was expected to stay outstanding for at least two years.
X has been servicing tens of millions of dollars in monthly debt payments, while xAI has reportedly been burning approximately $1 billion in cash per month as it invests heavily in data centers, chips, and AI talent. That being said, xAI also concluded a funding round in January, where it raised $20 billion of new equity.
The repayment plans come as Musk consolidates several of his businesses. SpaceX recently acquired xAI, making it a subsidiary as the company explores plans for space-based data centers. The combined entity has been valued at approximately $1.25 trillion.
Bloomberg previously reported that SpaceX is targeting a confidential IPO filing as soon as this month, potentially positioning the private space firm for a public listing later this year. Representatives for Morgan Stanley declined to comment, and X and xAI did not immediately respond to requests for comment.
News
Tesla Giga Berlin head calls out Handelsblatt’s claimed 2025 production figures
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
Tesla Gigafactory Berlin’s plant manager has publicly pushed back against recent reporting by German business publication Handelsblatt, which cited reportedly erroneous data about the factory’s production figures and financial performance.
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
In his LinkedIn post, Thierig called out Handelsblatt’s claim that 149,000 Model Y vehicles were produced at Giga Berlin in 2025. He noted that “the article is simply filled from front to back with false information and claims!
“I have to set the record straight here! In the last article about Tesla in Grünheide, the Handelsblatt speaks e.g. of 149,000 Model Ys built in 2025. WRONG!
“In 2025, we again produced over 200,000 vehicles. And this despite the fact that we stopped production in Q1 for the changeover to the new Model Y and then ramped it up again to 5,000 units per week over several weeks,” Thierig wrote.
He added that production increased each quarter in 2025 compared to the prior quarter and stated that more than 700,000 Model Y units have been produced at Grünheide since manufacturing began in 2022. For the first quarter of 2026, he stated that the factory is planning another production increase compared to the fourth quarter of 2025.
Thierig also questioned Handelsblatt’s reported 0.74% profit margin, writing that how the publication calculated the figure “remains reserved for their secret ‘calculation skills.’”
Beyond production data, Thierig highlighted Tesla’s broader footprint in Germany, stating that the company has invested more than €5 billion in Grünheide since 2020 and created nearly 11,000 permanent, above-tariff jobs. He added that Tesla is currently investing nearly €100 million into battery cell production at the site, which is expected to generate several hundred additional positions.
In a follow-up comment, Thierig noted that he did communicate with the publication’s editor-in-chief in an effort to “start fresh,” but he was informed that Handelsblatt’s current approach works just fine.
“Last year, I spoke to a representative of the Handelsblatt editor-in-chief and suggested that we “start anew” again. Handelsblatt turned down this offer on the grounds that their current approach works well for them,” Thierig noted.
Sönke Iwersen, Head of Investigative Research at Handelsblatt, responded to Thierig’s post, stating that the newspaper’s figures were based on Tesla’s own annual financial statements for the Grünheide entity.
He cited reported 2024 revenue of €7.68 billion, operating profit of €156.8 million, and net income after taxes of €55.6 million. Iwersen also referenced prior public comments from Elon Musk about Cybertruck demand, noting the gap between reported pre-orders and subsequent annual sales figures.
He also stated that the works council election eligibility figures Giga Berlin had dropped to 10,703 employees today from 12,415 two years ago.
“As far as production figures are concerned, these are figures from the data service provider Inovev. This is also stated in the article. Please compare this with Elon Musk’s information on demand for the Cybertruck. According to Musk, there were one million pre-orders. In the first year, 39,000 units were sold, in the second year 20,000. How can this be explained? With a million pre-orders?
“You yourself have repeatedly pointed out in recent months that no jobs would be cut in Grünheide because Tesla is different from the competition. Now a new works council is being elected in Grünheide. 10,703 people are eligible to vote. Two years ago, 12,415 people were eligible to vote. So there were exactly 1712 fewer from 2024 to 2026,” Iwersen wrote.
SpaceX to launch Starlink V2 satellites on Starship starting 2027
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
