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SpaceX rocket ready for second rideshare launch with 100+ small satellites

An artist rendering of Transporter-2 payload deployment. (Exolaunch)

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For the second time in six months, a SpaceX Falcon 9 rocket is ready to launch around 100+ small satellites into low orbit as part of a rideshare mission for dozens of companies and institutions.

Known as Transporter-2, the mission is SpaceX’s second dedicated launch under the Smallsat Rideshare Program it established in 2019. In 2020, SpaceX began its first launches under the program and delivered eight Earth observation satellites to orbit for Planet and BlackSky as co-passengers on three Starlink missions. A fourth Starlink rideshare was later completed with payloads from Capella Space and Tyvak in May 2021.

In January 2021, Falcon 9 successfully launched 143 small satellites into orbit on a mission known as Transporter-1, setting an all-time record for the number of spacecraft flown on a single rocket and emphasizing just how serious and competitive SpaceX’s Smallsat Program really is.

Six months after that milestone mission, Transporter-2 is now ready to launch. On June 22nd, a Falcon 9 rocket was loaded with hundreds of tons of liquid oxygen and rocket-grade kerosene (RP1) and flight-proven booster B1060 successfully ignited its nine Merlin 1D engines, completing a routine wet dress rehearsal (WDR) and static fire test. Transporter-2 will be B1060’s eighth spaceflight and orbital-class launch in less than a year, representing an average of one flight every ~45 days or six weeks.

Falcon 9 booster B1060 launched for the seventh time on April 29th. (Richard Angle)

Now cleared for flight, SpaceX will have since brought Falcon 9 horizontal and rolled the rocket back to its Cape Canaveral LC-40 pad’s integration hangar. Once there, Transporter-2’s payload ‘stack’ – already encapsulated in a payload fairing – will be installed on top of Falcon 9’s expendable second stage and the rocket will be rolled back out to the pad and brought vertical a second time.

It remains to be seen what exactly Transporter-2 will be carrying to orbit. Transporter-1 carried 133 customer spacecraft and 10 of SpaceX’s own Starlink satellites with a collective liftoff mass of around five metric tons (~11,000 lb). The true mass is unknown but the Falcon 9 booster supporting the mission had to land on a drone ship ~550 km (~340 mi) downrange. Transporter-2, however, will reportedly involve an increasingly rare return-to-launch-site (RTLS) landing for Falcon 9 booster B1060, implying that its payloads may be substantially lighter than its predecessor’s.

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Based on a rough accounting of known Transporter-2 payloads from rideshare managers Spaceflight, Exolaunch, and others, the mission could feasibly launch with 100+ small satellites onboard. Relative to Transporter-1, the most obvious weight-saving solution would be to exclude Starlink satellites, which likely represented more than a third of missions payload mass at liftoff. Given that SpaceX also appears to be preparing for a flurry of dedicated polar Starlink launches from its West and East Coast pads that could begin as early as July, it’s fairly safe to assume that Transporter-2 will be Starlink-free.

Ultimately, Transporter-2 appears to be on track for a 2:56 pm EDT (18:56 UTC) launch on Friday, June 25th. Stay tuned for updates and webcast details.

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla Robotaxi app download rate demolishes Uber, Waymo all-time highs

After two and a half months of testing with a group of hand-picked Tesla influencers and some media, the company has officially launched Robotaxi rides in both Austin, Texas, and the California Bay Area to the public.

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Credit: @BLKMDL3 | X

Tesla launched its Robotaxi app to the general public yesterday, and the number of downloads is a testament to the platform’s high demand for testing.

After two and a half months of testing with a group of hand-picked Tesla influencers and some media, the company has officially launched Robotaxi rides in both Austin, Texas, and the California Bay Area to the public.

Tesla Robotaxi makes major expansion with official public app launch

Downloading the app is available to iOS users, so if you have an iPhone, you can get it and join the waitlist. Tesla has not yet launched the Robotaxi app for the Android platform, but did hint that it would be coming soon.

The testing phase with the group Tesla selected has gone well. In Austin, the City has only listed one “Safety Concern” with Robotaxi during the testing phase. For the most part, things have gone extremely well, and riders have had good things to say.

Tesla is still operating with some safeguards in place, such as Safety Monitors and Safety Drivers, but these are precautionary and temporary; CEO Elon Musk has said they should be removed by the end of the year.

Elon Musk says Tesla will take Safety Drivers out of Robotaxi: here’s when

Even still, Tesla Robotaxi is something that many people want to experience, and the app downloads prove it.

The Tesla Robotaxi app was downloaded at a rate that exceeded all rolling 30-day periods of both Uber and Waymo, according to Brett Winton of ARK Invest. Tesla’s Robotaxi’s first day on the App Store exceeded Uber’s by 40 percent and Waymo’s best download day ever by six times:

The surge in downloads is a good indication of how in demand the Robotaxi suite was, as many people within the community had vocalized their requests to try the platform, but Tesla was not ready to expand it beyond its handpicked group.

The expansion of the program will result in more rides, provided Tesla continues to expand its fleet of vehicles. It has already admitted many of those who were initially placed on the waitlist.

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Elon Musk’s xAI expands to Seattle with salaries up to $440,000

The move was announced by the artificial intelligence startup and Elon Musk on social media platform X.

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(Credit: xAI)

Elon Musk’s artificial intelligence startup xAI is opening a new office in Seattle as it accelerates its global expansion. 

The move was announced by the artificial intelligence startup and Elon Musk on social media platform X. xAI is also hiring for its first positions in the new site.

New Seattle office

As could be seen on xAI’s Careers webpage, the Seattle office is currently hiring for three engineering roles. Each of the three technical roles tied to the new site carry salaries ranging from $180,000 to $440,000. 

The new office adds to xAI’s growing presence, which now spans San Francisco, Austin, London, Dublin, New York, and Memphis. The Seattle-based roles focus on video and image generation systems, signaling Musk’s intent to challenge rivals like OpenAI and Meta in generative AI.

Pressures and challenges

Seattle also places xAI within reach of Microsoft’s headquarters in Redmond. Microsoft has emerged as a central player in the AI race through its multibillion-dollar partnership with OpenAI, making xAI’s move into the region notable. The competition for AI specialists has pushed salaries higher across the industry, with filings showing OpenAI staff earning up to $530,000 and Anthropic engineers as much as $690,000 annually, as noted by Insider.

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The startup has also seen some high-profile departures in recent months, including cofounder Igor Babuschkin and general counsel Robert Keele. Still, xAI continues to grow aggressively, and its Grok large language model has been gaining momentum among mainstream users. Work also continues to be underway to further build out the company’s Colossus supercomputer cluster. Reports have also suggested that xAI has moved into San Francisco offices in the Mission District, a site Musk initially leased during OpenAI’s early years.

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Investor's Corner

Elon Musk’s new pay plan ties trillionaire status to Tesla’s $8.5 trillion valuation

Shareholders are expected to vote on the proposal at the annual meeting on November 6.

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USAFA_Hosts_Elon_Musk_(Image_1_of_17)_(cropped)
U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk poses for a photograph with U.S. Air Force Academy Cadets in Mitchell Hall during a tour hosted by Superintendent Lt. Gen. Richard Clark on April 7, 2022. Musk met with Academy senior leadership and delivered remarks to a crowd of cadets and faculty. (U.S. Air Force photo by Justin R. Pacheco)

Tesla’s board has proposed a new compensation package for CEO Elon Musk that could make him the world’s first trillionaire and Tesla the most valuable company in history. 

The 2025 CEO Performance Award, outlined in a securities filing on Friday, would be worth up to $900 billion in Tesla stock (NASDAQ:TSLA) if the automaker achieves a series of aggressive performance and valuation goals, according to the New York Times

Shareholders are expected to vote on the proposal at the annual meeting on November 6.

Tesla is aiming for an insane $8.5 trillion market cap

The package requires Musk to lift Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade. At that level, Tesla would surpass every major public company in existence. Nvidia, currently the world’s most valuable firm, has a market cap of around $4.2 trillion today, as noted in a Motley Fool report. Microsoft and Apple follow at $3.8 and 3.6 trillion each, while Saudi Aramco is valued at around $1.5 trillion.

If Tesla achieves its $8.5 trillion target, it would be worth more than twice Nvidia’s present valuation and nearly eight times its current size. The compensation plan also requires Tesla’s operating profit to grow from $17 billion last year to $400 billion annually.

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Credit: Tesla

Elon Musk’s path to a trillionaire status

Apart from leading Tesla to become the world’s biggest company in history, Musk is also required to hit several product targets for the electric vehicle maker. These include the delivery of 20 million Tesla vehicles cumulatively, 10 million active FSD subscriptions, 1 million Tesla bots delivered, and 1 million Robotaxis in operation.

Tesla board chair Robyn Denholm and director Kathleen Wilson-Thompson said retaining Musk is “fundamental to Tesla achieving these goals and becoming the most valuable company in history.” If successful, the plan would raise Musk’s Tesla stake from 13% to about 25%, further consolidating his control. It would also result in the CEO earning $900 billion in TSLA stock, allowing him to effectvely become a trillionaire. 

The proposal mirrors a 2018 compensation plan that was invalidated in Delaware court earlier this year in the way that it is focused on very aggressive targets and operational milestones. Tesla has since shifted its corporate registration to Texas, where challenges from potential activist shareholders are less of a risk.

Tesla’s SEC filing can be viewed below.

www-sec-gov-Archives-edgar-data-1318605-000110465925087598-tm252289-4_pre14a-htm… by Simon Alvarez

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