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SpaceX set to launch 40 satellites on fourth dedicated rideshare mission

Falcon 9 is set to launch its fourth dedicated SpaceX rideshare mission. (SpaceX)

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SpaceX says a Falcon 9 rocket is on track to launch its fourth dedicated rideshare mission no earlier than (NET) 12:24 pm EDT (16:24 UTC) on Friday, April 1st.

Known as Transporter-4, SpaceX will launch the batch of 40 customer satellites out of its Cape Canaveral Space Force Station (CCSFS) LC-40 pad. Poor weather means that the company currently has a roughly 30% chance of favorable conditions on April 1st, improving to 50% on April 2nd and 80% on April 4th. Following the first NASA Space Launch System (SLS) rocket’s trip to a nearby launch pad, SpaceX also has to work around the agency’s plans to attempt an important wet dress rehearsal (WDR) test as early as April 3rd, preventing any launches that day.

SLS has already partially contributed to delays to Axiom-1 – the first all-private astronaut launch to the International Space Station – and could potentially disrupt Transporter-4 if weather or Falcon 9 fail to cooperate on Friday or Saturday.

Transporter-4’s payload of 40 satellites is the smallest number SpaceX has ever manifested on one of its dedicated rideshare missions. It’s unclear why so few satellites will be aboard, but one customer in particular likely explains why the company can launch such a small payload. That customer is Germany’s national space agency (DLR), which has manifested EnMAP – a hyperspectral Earth observation satellite – on Transporter-4. EnMAP itself is quite a bizarre case: the wildly overambitious smallsat was initially scheduled to launch as early as 2012 but has suffered a full decade of delays as endless issues arose. Painfully, those delays mean that EnMAP – a spacecraft largely designed before 2010 – is merely the latest in a long line of similarly capable satellites. Italy, for example, began work on an almost identically capable spacecraft – PRISMA – in 2008 and launched it in 2019 for ~$140 million.

According to one estimate, EnMAP’s cost has likely ballooned from ~$100 million to more than $330 million. In other words, it’s fairly reasonable to assume that SpaceX was able to charge DLR quite a bit more than Transporter-4’s other rideshare customers. SpaceX could have positioned it as a heavily discounted dedicated launch that just so happens to carry some secondary payloads – perhaps charging ‘just’ $15-30 million. EnMAP (950 kg or 2100 lb) is slightly heavier than the maximum weight SpaceX’s one-size-fits-all pricing allows for, but a customer with a similar 830 kilogram (1830 lb) spacecraft could launch it for as little as $4.6 million on a Transporter mission.

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Of Transporter-4’s 40 payloads, at least 16 are using intermediaries like Spaceflight, Exolaunch, and D-Orbit, who then deal with SpaceX for the satellite owners. Excluding EnMAP, at least six other customers likely booked directly through SpaceX. Combined, total Transporter-4 revenue before EnMAP could be as low as ~$13 million. According to a SpaceX executive speaking in 2020, the total cost of a Falcon 9 launch with a recoverable, flight-proven booster is $28 million. Given that some executives have compared Transporter missions to public transit, it’s possible that SpaceX is willing to launch some rideshare missions even knowing they will lose money, but it’s hard to imagine it would burn $10-15 million (or more) instead of just delaying a few months to add more payloads.

Even though EnMAP is thus likely picking up all of financial slack, Transporter-4 is still a good demonstration of SpaceX’s flexibility – flexibility that current or prospective providers with much smaller rockets simply can’t match. With Falcon 9, SpaceX can just throw a 1-ton, $300 million spacecraft on top of a several-dozen-satellite rideshare mission and still recover both the booster and fairing without issue – all while charging its smaller customers a more or less unbeatable $1.1 million per 200-kilogram slot and $5500 for each additional kilogram.

SpaceX will begin streaming its first Transporter-4 launch attempt around 12:10 pm EDT (16:10 UTC).

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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Bank of America raises Tesla PT to $471, citing Robotaxi and Optimus potential

The firm also kept a Neutral rating on the electric vehicle maker, citing strong progress in autonomy and robotics.

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Credit: Tesla

Bank of America has raised its Tesla (NASDAQ:TSLA) price target by 38% to $471, up from $341 per share.

The firm also kept a Neutral rating on the electric vehicle maker, citing strong progress in autonomy and robotics.

Robotaxi and Optimus momentum

Bank of America analyst Federico Merendi noted that the firm’s price target increase reflects Tesla’s growing potential in its Robotaxi and Optimus programs, among other factors. BofA’s updated valuation is based on a sum-of-the-parts (SOTP) model extending through 2040, which shows the Robotaxi platform accounting for 45% of total value. The model also shows Tesla’s humanoid robot Optimus contributing 19%, and Full Self-Driving (FSD) and the Energy segment adding 17% and 6% respectively.

“Overall, we find that TSLA’s core automotive business represents around 12% of the total value while robotaxi is 45%, FSD is 17%, Energy Generation & Storage is around 6% and Optimus is 19%,” the Bank of America analyst noted.

Still a Neutral rating

Despite recognizing long-term potential in AI-driven verticals, Merendi’s team maintained a Neutral rating, suggesting that much of the optimism is already priced into Tesla’s valuation. 

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“Our PO revision is driven by a lower cost of equity capital, better Robotaxi progress, and a higher valuation for Optimus to account for the potential entrance into international markets,” the analyst stated.

Interestingly enough, Tesla’s core automotive business, which contributes the lion’s share of the company’s operations today, represents just 12% of total value in BofA’s model.

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Tesla Model Y on FSD saves couple after encountering King of edge cases

Experts have noted that if confirmed, this could be the world’s first recorded meteorite collision involving a Tesla.

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Credit: @10NewsAU/YouTube

A South Australian Tesla driver is thanking his Model Y’s Full Self-Driving system after a mysterious object, possibly a meteorite, slammed into his car’s windshield while it had FSD engaged. 

The impact sent hot glass fragments flying through the cabin as the vehicle continued driving without human input through the darkness. Experts have noted that if confirmed, this could be the world’s first recorded meteorite collision involving a Tesla.

The Tesla owner was enjoying a quiet drive home when they hit the king of edge cases

Veterinarian Dr. Andrew Melville-Smith and his wife were traveling north on Augusta Highway on the night of October 19 when a sudden blast struck their newly delivered Model Y. At the time, it was clear, pitch black night, and Dr. Melville-Smith and his wife were just listening to a podcast while FSD was operating the vehicle, as noted in a Yahoo News report. 

Suddenly, something hit the Tesla’s windshield. “Then there was, (what) I can only describe as a very, very violent explosion. The whole inside of the car was literally blasted with glass fragments. It was full of white smoke, and it smelled like the car was on fire,” Dr. Melville-Smith stated. 

The vet stated that he and his wife were stunned for a good 10 seconds, and for a bit, he and his wife thought they had crashed. Images of the crash’s aftermath showed a massive crack on the Tesla’s windshield, which Dr. Melville-Smith noted was hot to the touch. The object that hit the Tesla’s windshield was so hot that part of the vehicle’s windshield was partly melted. 

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FSD kept driving despite the possible meteorite strike

Thankfully, the Tesla was operating with its FSD (Supervised) system engaged at the time. Thus, despite the vehicle being hit by what might be a literal meteorite, and despite Dr. Melville-Smith and his wife being stunned because of the impact, their Tesla just kept driving steadily. 

“I thought we’d had an accident, but then I looked at the screen and went ‘Oh, we’re still driving. We were moving around, so it obviously thought we were paying attention, and it was happy to keep driving to Port Augusta. After we pulled over, we saw the big crater in the windscreen,” the vet said. 

The South Australian Museum is now examining the case, with geologist Dr. Kieran Meaney stating the scorched glass and heat damage do suggest a potential meteorite strike. “The little detail that’s really selling it for me at the moment is that whatever it was that hit the windscreen seems to have been very hot,” Meaney explained. However, the object has yet to be recovered.

Check out a video of the remarkable edge case below.

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“Foundation:” Elon Musk wants to send a record of Grokipedia to space

The idea sounds outlandish, though it is also something that is in character for the CEO.

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Credit: xAI

Elon Musk has announced one of his latest initiatives, and it is every bit as sci-fi as it is surprisingly grounded. In a post on X, Musk stated that Grokipedia, xAI’s new open-source encyclopedia, will be etched into stable oxide and launched into space. 

The idea sounds outlandish, though it is also something that is in character for the CEO.

Preserving human knowledge among the stars

Musk posted his plan following the launch of Grokipedia’s V0.1’s iteration. The CEO congratulated the xAI team for the online encyclopedia’s launch, though he also stated that the goal for Grokipedia is to create an open-source collection of knowledge. This would then be distributed to the cosmos.

“Nice work by the xAI team on Grokipedia! The goal here is to create an open source, comprehensive collection of all knowledge. Then place copies of that etched in a stable oxide in orbit, the Moon, and Mars to preserve it for the future. Foundation,” Musk wrote in his post.

While seemingly outlandish, this is not the first time that a record of human knowledge of sorts was sent out to space. In 1977, the Voyager Golden Record was launched aboard NASA’s Voyager 1 and 2 spacecraft. The record contains sounds and images that ere aggregated to portray the diversity of the Earth’s culture. Of course, Musk’s plan with Grokipedia, is infinitely more ambitious. 

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Grokipedia and AI neutrality

Musk launched Grokipedia as an AI-driven alternative to Wikipedia, designed to eliminate the human biases that could affect conventional online knowledge platforms. The system is powered by xAI’s Grok, which scrape and summarize information from across the internet, offering balanced and nuanced coverage of topics ranging from science and technology to culture and politics.

Unlike Wikipedia’s human-edited format, Grokipedia would be able to evolve through machine learning, reading vastly more material than any editorial team could. Early testers, including Wikipedia co-founder Larry Sanger, praised its initial version as “very OK” and potentially more neutral than Wikipedia. Musk agreed, stating that even in its V0.1 form, Grokipedia is “already better than Wikipedia.”

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