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.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
