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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 ‘Killer’ heads to the graveyard as AFEELA taps out
SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.
There have been many Tesla “Killers” over the years, all of which have either failed to dethrone the automaker from its dominance in the United States, or even make it to the market altogether.
The Sony Honda Mobility (SHM) project, known as AFEELA, is the latest to make it to the grave, as the company announced its intentions to abandon the project earlier this week, Bloomberg reported.
SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.
🚗 Tesla Killers Graveyard:
Sony-Honda AFEELA
The sleek, AI-packed luxury sedan with PlayStation integration. Officially cancelled in March 2026 after Honda scaled back its EV plans.Fisker Ocean
Stylish SUV with solar roof promises. Company filed for bankruptcy in 2024 amid… https://t.co/Om14UhISOy— TESLARATI (@Teslarati) March 26, 2026
The decision follows Honda’s March 12 reassessment of its electrification strategy, which scrapped several upcoming EV programs amid slowing demand, high costs, and shifting market conditions.
SHM stated that it could no longer rely on key Honda technologies and manufacturing assets, leaving “no viable path forward.” Reservation fees for early buyers in California are being fully refunded, and the joint venture’s future is now under review.
Launched with fanfare in 2022, the AFEELA was positioned as a tech-forward premium EV blending Honda’s engineering reliability with Sony’s entertainment and AI expertise.
Prototypes featured advanced autonomous driving systems, immersive in-cabin displays, and even PlayStation integration, earning it early media labels as a potential “Tesla Killer.”
Priced around $90,000, the sedan was slated for limited production at Honda’s Ohio plant with deliveries targeted for late 2026. Industry watchers saw it as a serious challenger to Tesla’s dominance in software, connectivity, and premium appeal.
Yet, like many ambitious EV projects, it fell victim to broader industry headwinds: softening consumer demand, persistent high interest rates, and intense competition from established players.
The AFEELA joins a long list of vehicles once hyped as “Tesla Killers” that failed to deliver. In the late 2010s, Fisker’s second act, the Ocean SUV, promised stylish design and solid-state battery tech but collapsed into bankruptcy in 2024 after production delays, quality issues, and financial shortfalls.
Faraday Future poured billions into the FF 91 luxury sedan, touting it as a hyper-tech rival with unmatched performance and features; the company delivered fewer than 100 vehicles before fading into obscurity.
Lordstown Motors’ Endurance electric pickup generated massive pre-order buzz and Wall Street excitement but imploded after exaggerated range claims, a factory sale, and eventual bankruptcy.
Even Lucid Motors’ Air sedan, frequently called a Tesla slayer for its superior range and luxury, has struggled with sluggish sales and missed growth targets despite strong reviews.
Rivian’s R1T and R1S trucks enjoyed similar early acclaim and a blockbuster IPO, yet production ramp-up challenges and profitability woes have prevented it from dethroning Tesla.
The AFEELA’s quiet demise underscores a harsh reality in the EV sector. While Tesla’s first-mover advantage in software, charging infrastructure, and brand loyalty remains formidable, legacy automakers and tech newcomers alike continue to underestimate the complexities of scaling affordable, desirable electric vehicles.
As market realities force tough choices, the graveyard of “Tesla Killers” grows longer, another reminder that innovation alone is rarely enough to topple an established leader.
Elon Musk
TIME honors SpaceX’s Gwynne Shotwell: From employee No. 7 to world’s most valuable company
Time Magazine honors Gwynne Shotwell as SpaceX reaches a $1.25 trillion valuation and eyes its IPO.
TIME Magazine has put SpaceX President and COO Gwynne Shotwell on its cover, and the timing could not be more fitting. Published today, the profile of Shotwell arrives at a moment when the company she has quietly run for more than two decades stands at the center of the most consequential developments in aerospace, artificial intelligence, and the future of human civilization.
Shotwell joined SpaceX in 2002 as its seventh employee and has never stopped expanding her role. She oversees day-to-day operations across multiple executive teams spanning Falcon, Starlink, Starship, and now xAI following SpaceX’s February 2026 merger with Elon Musk’s artificial intelligence company, a deal that made SpaceX the world’s most valuable private company at a reported valuation of $1.25 trillion. A highly anticipated IPO is expected in the second quarter of 2026.
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Her track record is historic. She oversaw the first landing of an orbital rocket’s first stage, the first reuse and re-landing of an orbital booster, and the first private crewed launch to Earth orbit in May 2020. She built the Falcon launch manifest from nothing to more than 170 contracted missions representing over $20 billion in business. Under her operational leadership, SpaceX completed 96 successful missions in 2023 alone and has now flown more than 20 crewed Falcon 9 missions. Starlink, which she championed as a financial pillar of the company long before it was a mainstream topic, now connects tens of millions of users worldwide and provided a critical communications lifeline to Ukraine following the 2022 invasion.
Elon Musk has never been shy about what Shotwell means to him and to SpaceX. When she shared her vision for worldwide internet connectivity through Starlink, Musk responded on X with a simple statement, “Gwynne is awesome.” It is a sentiment that has been echoed across the industry. NASA Administrator Bill Nelson once said of Musk: “One of the most important decisions he made, as a matter of fact, is he picked a president named Gwynne Shotwell. She runs SpaceX. She is excellent.”
Gwynne is awesome https://t.co/tiXtMWJmPE
— Elon Musk (@elonmusk) September 28, 2024
Now, with Starship targeting its first crewed lunar landing under the Artemis program by 2028, an xAI integration underway, and a pending IPO that could reshape capital markets, Shotwell’s mandate has never been larger. She told Time that 18 Starships are already in various stages of construction at Starbase. “By 2028,” she said, gesturing across the factory floor, “these should be long gone. They better have flown by then.” If Shotwell’s history at SpaceX is any guide, they will.
Elon Musk
SpaceX’s IPO might arrive sooner than you think
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
Elon Musk’s SpaceX is on the verge of one of the most anticipated Initial Public Offerings (IPO) in history.
However, a new report from The Information indicates the rocket and satellite giant is aiming to file its IPO prospectus with U.S. regulators as soon as this week, or early next week at the latest.
People familiar with the plans told The Information that advisers involved in the process expect the IPO could raise more than 75 billion dollars, potentially making it the largest stock market debut ever and eclipsing Saudi Aramco’s 29.4 billion dollar offering in 2019.
The filing would mark the formal start of what has long been rumored: SpaceX’s transition from a closely held private powerhouse to a publicly traded company.
The timing aligns with earlier signals.
In late February, Bloomberg reported that SpaceX was targeting a confidential IPO filing in March and a possible public listing in June, with a valuation north of 1.75 trillion dollars. At the time, the company’s private valuation hovered around 1.25 trillion dollars.
SpaceX considering confidential IPO filing this March: report
Starlink, SpaceX’s satellite internet constellation, has been the primary driver of that surge, now serving millions of customers worldwide and generating steady revenue. Recent Starship test flights and a record pace of Falcon launches have further bolstered investor confidence.
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
A June listing would give SpaceX immediate access to public capital markets at a moment when demand for space-related stocks remains high. It would also allow early employees and long-time investors to cash out portions of their stakes while giving everyday shareholders a chance to own a piece of the company behind reusable rockets, global broadband, and NASA contracts.
Of course, nothing is certain until the SEC filing appears. Market conditions, regulatory reviews, and Musk’s own schedule could still shift timelines.
Yet the latest word from The Information suggests the window has opened. If the filing lands this week, SpaceX’s roadshow could begin in earnest within weeks, setting the stage for what many analysts already call the IPO of the decade.
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