News
SpaceX on track to launch 20 Falcon 9 rockets in the first half of 2021
The second half of SpaceX’s June 2021 flight schedule has begun to firm up, raising the odds of another four-launch month as the end of the first half of 2021 fast approaches.
In an increasing rarity among a slew of pandemic and shortage-stricken satellites, rockets, and launch flows, SpaceX’s fourth upgraded GPS III satellite launch for the US military has remained on track for more than four months and has had a firm launch date for more than eight weeks. Further, the GPS III SV05 navigation satellite’s launch schedule actually moved up from July 2021 and has been scheduled to launch no earlier than June 17th, 2021 since mid-April. The only noteworthy change made in the subsequent two months was a minor shift in launch time, which was moved from 6-9 pm EDT to a 15-minute window stretching from 12:09 pm to 12:24 pm (16:09-16:24 UTC).
More recently, Spaceflight Now was first to report that Transporter-2 – SpaceX’s second dedicated Smallsat Program mission and fourth June 2021 launch – settled on a launch target sometime during daylight on June 24th. A large portion of rideshare payload integration – assembling a massive ‘stack’ of dozens of satellites and dispensers – has already been completed, improving the odds that Transporter-2 will launch on schedule.
As was SpaceX’s main intent with its Smallsat Program, the company effectively closes the metaphorical doors on a given Transporter mission around a week before launch. From then on, if issues arise with any minor integrated rideshare payload or something delays a planned payload from being integrated in time, the customer is more or less automatically rebooked on SpaceX’s next Transporter mission. That means that delays or pre-launch anomalies that inevitably impact a small fraction of a dedicated rideshare mission’s total payloads don’t end up delaying dozens to 100+ other spacecraft.
Crucially, for the unlucky few customers that find themselves essentially booted off the bus, SpaceX nominally rebooks them at no extra charge on the next Transporter mission. While the program is only just beginning, SpaceX has already scheduled four dedicated Transporter launches between January 2021 and Q1 2022, meaning that payloads unable to launch on their scheduled flight will have to wait approximately six months for the next launch opportunity. While undoubtedly more than a little inconvenient, SpaceX is effectively betting that customers are willing to trade some degree of flexibility for low prices and launch dates firmly scheduled months in advance.
So far, that bet has unequivocally paid off and SpaceX has secured contracts to launch hundreds of rideshare payloads in just a few years.

Meanwhile, SpaceX’s June 17th GPS III SV05 mission will be the first time ever that the US military launches a “national security” payload on a flight-proven commercial rocket. Falcon 9 booster B1062 debuted with the successful launch of GPS III SV04 in November 2020. Seven months later, GPS III SV05 will be its second launch. If successful, it’s likely that the US military will allow SpaceX to use Falcon 9 B1062 a third time to launch GPS III SV06 – tentatively scheduled sometime in Q4 2021 or early 2022.

If both GPS III SV05 and Transporter-2 missions are successful, June 2021 will be SpaceX’s third four-launch month ever, representing an average of 48 launches per year if sustained for 12 months. All four June launches are also for paying customers, bringing welcome revenue to an H1 2021 manifest that’s been almost entirely populated by internal Starlink missions. Perhaps most significantly, a four-launch June will also mark 20 orbital SpaceX launches in the first half of 2021, leaving the company on track to achieve 40 launches this year if it can replicate that success in the second half.
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk
Elon Musk responds to Volvo’s latest LiDAR decision
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

