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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.
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Tesla launches its coolest gift idea ever just a few weeks after it was announced
“Gift one month of Full Self-Driving (Supervised), which allows the vehicle to drive itself almost anywhere with minimal intervention.”
Tesla has launched its coolest gift idea ever, just a few weeks after it was announced.
Tesla is now giving owners the opportunity to gift Full Self-Driving for one month to friends or family through a new gifting program that was suggested to the company last month.
The program will enable people to send a fellow Tesla owner one month of the company’s semi-autonomous driving software, helping them to experience the Full Self-Driving suite and potentially help Tesla gain them as a subscriber of the program, or even an outright purchase.
Tesla is going to allow owners to purchase an FSD Subscription for another owner for different month options
You’ll be able to gift FSD to someone! https://t.co/V29dhf5URj
— TESLARATI (@Teslarati) November 3, 2025
Tesla has officially launched the program on its Shop. Sending one month of Full Self-Driving costs $112:
“Gift one month of Full Self-Driving (Supervised), which allows the vehicle to drive itself almost anywhere with minimal intervention. All sales are final. Can only be purchased and redeemed in the U.S. This gift card is valued at $112.00 and is intended to cover the price of one month of FSD (Supervised), including up to 13% sales tax. It is not guaranteed to cover the full monthly price if pricing or tax rates change. This gift card can be stored in Tesla Wallet and redeemed toward FSD (Supervised) or any other Tesla product or service that accepts gift card payments.”
Tesla has done a great job of expanding Full Self-Driving access over the past few years, especially by offering things like the Subscription program, free trials through referrals, and now this gift card program.
Gifting Full Self-Driving is another iteration of Tesla’s “butts in seats” strategy, which is its belief that it can flip consumers to its vehicles and products by simply letting people experience them.
There is also a reason behind pushing Full Self-Driving so hard, and it has to do with CEO Elon Musk’s compensation package. One tranche requires Musk to achieve a certain number of active paid Full Self-Driving subscriptions.
More people who try the suite are likely to pay for it over the long term.
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Tesla expands Robotaxi app access once again, this time on a global scale
Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.
Tesla has expanded Robotaxi app access once again, but this time, it’s on a much broader scale as the company is offering the opportunity for those outside of North America to download the app.
Tesla Robotaxi is the company’s early-stage ride-hailing platform that is active in Texas, California, and Arizona, with more expansion within the United States planned for the near future.
Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.
The platform has massive potential, and Tesla is leaning on it to be a major contributor to even more disruption in the passenger transportation industry. So far, it has driven over 550,000 miles in total, with the vast majority of this coming from the Bay Area and Austin.
First Look at Tesla’s Robotaxi App: features, design, and more
However, Tesla is focusing primarily on rapid expansion, but most of this is reliant on the company’s ability to gain regulatory permission to operate the platform in various regions. The expansion plans go well outside of the U.S., as the company expanded the ability to download the app to more regions this past weekend.
So far, these are the areas it is available to download in:
- Japan
- Thailand
- Hong Kong
- South Korea
- Australia
- Taiwan
- Macau
- New Zealand
- Mexico
- U.S.
- Canada
Right now, while Tesla is focusing primarily on expansion, it is also working on other goals that have to do with making it more widely available to customers who want to grab a ride from a driverless vehicle.
One of the biggest goals it has is to eliminate safety monitors from its vehicles, which it currently utilizes in Austin in the passenger’s seat and in the driver’s seat in the Bay Area.
A few weeks ago, Tesla started implementing a new in-cabin data-sharing system, which will help support teams assist riders without anyone in the front of the car.
Tesla takes a step towards removal of Robotaxi service’s safety drivers
As Robotaxi expands into more regions, Tesla stands to gain tremendously through the deployment of the Full Self-Driving suite for personal cars, as well as driverless Robotaxis for those who are just hailing rides.
Things have gone well for Tesla in the early stages of the Robotaxi program, but expansion will truly be the test of how things operate going forward. Navigating local traffic laws and gaining approval from a regulatory standpoint will be the biggest hurdle to jump.
Tesla received a price target boost from Morgan Stanley, according to a new note on Monday morning, but there is some considerable caution also being communicated over the next year or so.
Morgan Stanley analyst Andrew Percoco took over Tesla coverage for the firm from longtime bull Adam Jonas, who appears to be focusing on embodied AI stocks and no longer automotive.
Percoco took over and immediately adjusted the price target for Tesla from $410 to $425, and changed its rating on shares from ‘Overweight’ to ‘Equal Weight.’
Percoco said he believes Tesla is the leading company in terms of electric vehicles, manufacturing, renewable energy, and real-world AI, so it deserves a premium valuation. However, he admits the high expectations for the company could provide for a “choppy trading environment” for the next year.
He wrote:
“However, high expectations on the latter have brought the stock closer to fair valuation. While it is well understood that Tesla is more than an auto manufacturer, we expect a choppy trading environment for the TSLA shares over the next 12 months, as we see downside to estimates, while the catalysts for its non-auto businesses appear priced at current levels.”
Percoco also added that if market cap hurdles are achieved, Morgan Stanley would reduce its price target by 7 percent.
Perhaps the biggest change with Percoco taking over the analysis for Jonas is how he will determine the value of each individual project. For example, he believes Optimus is worth about $60 per share of equity value.
He went on to describe the potential value of Full Self-Driving, highlighting its importance to the Tesla valuation:
“Full Self Driving (FSD) is the crown jewel of Tesla’s auto business; we believe that its leading-edge personal autonomous driving offering is a real game changer, and will remain a significant competitive advantage over its EV and non-EV peers. As Tesla continues to improve its platform with increased levels of autonomy (i.e., hands-off, eyes-off), it will revolutionize the personal driving experience. It remains to be seen if others will be able to keep pace.”
Additionally, Percoco outlined both bear and bull cases for the stock. He believes $860 per share, “which could be in play in the next 12 months if Tesla manages through the EV-downturn,” while also scaling Robotaxi, executing on unsupervised FSD, and scaling Optimus, is in play for the bull case.
Will Tesla thrive without the EV tax credit? Five reasons why they might
Meanwhile, the bear case is placed at $145 per share, and “assumes greater competition and margin pressure across all business lines, embedding zero value for humanoids, slowing the growth curve for Tesla’s robotaxi fleet to reflect regulatory challenges in scaling a vision-only perception stack, and lowering market share and margin profile for the autos and energy businesses.”
Currently, Tesla shares are trading at around $441.
Tesla launches its coolest gift idea ever just a few weeks after it was announced
Tesla expands Robotaxi app access once again, this time on a global scale
