News
SpaceX wins Sentinel 6B radar satellite launch contract
SpaceX has won a contract to launch the joint US-European Sentinel 6B radar satellite as early as November 2025.
Five years ago, NASA also chose SpaceX to launch Sentinel 6A, the first of two identical satellites designed to use radar altimeters to determine global sea levels more accurately than ever before. In October 2017, just half a year after SpaceX’s first Falcon 9 rocket booster reuse and well before the cost savings that followed were fully factored in, NASA awarded SpaceX $94 million to launch the 1.1-ton (~2500 lb) to a relatively low 1300-kilometer (~810 mi) orbit.
Five years and two months later, NASA has awarded SpaceX $97 million to launch a virtually identical satellite to the same orbit, from the same launch pad, with the same rocket. SpaceX, however, is far from the same company it was in 2017, and has effectively mastered Falcon booster and payload fairing reuse in the half-decade since.
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
Beginning in March 2017, SpaceX has reused Falcon boosters on 130 launches, including sensitive US military missions and even NASA astronaut launches. SpaceX has launched almost 70 internal Starlink missions (carrying more than 3600 SpaceX-built satellites) without bankrupting the company. CEO Elon Musk has stated that the marginal cost of a barebones Falcon 9 launch is just $15 million, while another executive once pegged the total cost of a Falcon 9 launch with flight-proven hardware at $28 million.
Perhaps most significantly, SpaceX won a contract in 2019 to launch NASA’s tiny IXPE X-ray telescope on Falcon 9 for only $50 million. SpaceX completed the mission in December 2021, launching the 330-kilogram (~730 lb) spacecraft into a roughly 600-kilometer (~370 mi) orbit. IXPE was initially expected to launch on Aerojet Rocketdyne’s troubled air-launched Pegasus XL rocket, which last launched a small NASA spacecraft for about $55 million.
Writ large, that may be the best explanation for why SpaceX and its executives – both of which have relentlessly reiterated that the company’s purpose is to radically reduce the cost of orbital launches – don’t feel pressure to translate those major cost decreases into major price cuts. Put simply, despite the fact that SpaceX has openly discussed its intentions for more than a decade, there isn’t a rocket on Earth that can beat Falcon 9’s combination of performance, cadence, reliability, and affordability.
In lieu of even a hint of competitive pressure from the rest of the industry, particularly for contracts limited to US industry, SpaceX appears to have decided that the profits from charging as much as possible outweigh the cynicism those actions could convey. To SpaceX’s credit, the reality is also more gray than some of the limited data might imply. Over the last three years, SpaceX’s prices for smallsat rideshare customers have repeatedly decreased and become more flexible. Additionally, accounting for five years of inflation, SpaceX’s $94 million Sentinel 6A contract would be worth about $114 million today, meaning that its $97 million Sentinel 6B launch contract technically represents a modest 15% discount.
It’s also likely that SpaceX’s main competitors, ULA and Arianespace, would have charged tens of millions of dollars more to launch Sentinel 6A or 6B on their current or next-generation rockets. But their existing rockets have no spare capacity for new contracts and their new Vulcan and Ariane 6 rockets have yet to fly, leaving SpaceX without any real competition.
For better or worse, it appears that Falcon 9 rideshare customers and SpaceX’s own Starlink constellation are the only major beneficiaries of Falcon 9’s extraordinary newfound affordability. With potential competitors like Rocket Lab’s Neutron, Relativity’s Terran-R, Blue Origin’s New Glenn, and ULA’s semi-reusable Vulcan variant all years from market entrance, that’s unlikely to change until the mid-to-late 2020s. Until then, even though SpaceX’s pricing is unlikely to revolutionize others’ access to space, Falcon 9 will remain an exceptionally affordable and available option for all launch customers – including NASA and ESA.
Elon Musk
Tesla 2025 Annual Shareholder Meeting: How to watch
The 2025 Tesla Annual Shareholder Meeting from Gigafactory Texas is set to kick off at 4 p.m. EDT, 3 p.m. CDT.
The company will be having its typical presentation for the event, where CEO Elon Musk, along with other executives will discuss things like future products, the outlook of its self-driving development, potential releases for next year, and some current events within the company.
However, this year’s Shareholder Meeting has slightly more implications than others, as Investors and Shareholders have spent the last several months petitioning and supporting one of the proposals on the docket that could be the deciding factor in Musk staying or leaving Tesla.
Elon Musk’s new pay plan ties trillionaire status to Tesla’s $8.5 trillion valuation
Proposal four outlines a new compensation package for Musk that could give him $1 trillion in shares if he is able to complete a variety of lofty goals related to production, self-driving, and other important company projects.
Musk has said that he is truly after more influence on company decisions, especially as the Tesla Optimus program is ramping up and becoming a more relevant part of the company’s story.
The CEO said during the Q3 Earnings Call that he would not feel comfortable developing an “army of robots” if he did not have a comfortable amount of influence in some of the decisions. He could be voted our or out-influenced by what he calls “activist shareholders.”
One of those investors came after his past pay package, which was approved by shareholders not once, but twice. Musk still was not able to obtain the pay because of a Delaware Chancery Court ruling.
Nevertheless, this is one of the last ditch efforts Tesla is making to get Musk the compensation that he wants.
The meeting is set to kick off at 3 p.m. local time in Austin. You can watch it via the livestream on X:
Here is the link to Tesla’s 2025 Annual Shareholder Meeting:https://t.co/29dN4gkMWY
— TESLARATI (@Teslarati) November 6, 2025
News
Tesla Cybercab sightings on public roads are becoming more frequent
After it was unveiled a year ago by Tesla, the company has made some pretty drastic jumps in progress in terms of the Cybercab, but a recent development has truly pushed fans of the company to think it is probably going to be available soon.
Tesla Cybercab sightings on public roads are becoming much more frequent, and they all are pointing to one thing: imminent production.
The Tesla Cybercab is the company’s vehicle developed for fully autonomous travel, as it will be manufactured without a steering wheel or pedals, according to CEO Elon Musk.
Tesla Robotaxi Cybercab: Seats, price, special features, release date, and more
After it was unveiled a year ago by Tesla, the company has made some pretty drastic jumps in progress in terms of the Cybercab, but a recent development has truly pushed fans of the company to think it is probably going to be available soon.
Last week, we reported on the first Cybercab sighting when the vehicle was finally being tested on public roads. The spotting was not a one-time deal, as we are now seeing many more sightings on public roads:
Saw it the other day pic.twitter.com/uv0geR6GIh
— Shareef Mahmoud (@saltyyshareef) November 6, 2025
The first spotting was in Palo Alto, just a few blocks from Tesla’s Engineering Headquarters in Los Altos. This second sighting appears to be relatively close to that first spotting, and it seems unlikely Tesla would be putting it on roads much further than that.
The public on-road testing of the Cybercab marks a major milestone in the entire project for Tesla. These early sightings and testing phases are usually followed by a lot of speculation about when the vehicle could end up in the hands of customers.
However, Tesla has already put a definitive date on when Cybercab production will begin, as Elon Musk said during the Q3 Earnings Call that it would roll off production lines in Q2 of next year.
But the speculation regarding the Cybercab is slightly different than other vehicles because Tesla has been developing it for fully autonomous travel; it’s not meant to be driven by humans but instead by software and the company’s Full Self-Driving suite.
Despite the vehicle being spotted with a steering wheel and pedals in the recent sightings, Musk has maintained that the Cybercab will not be developed with typical controls for a human. He recently confirmed this, and it does not seem the company is willing to veer too much from its plans for an autonomous car.
News
Tesla Model Y Performance is rapidly moving toward customer deliveries
New drone images from noted drone operator and Gigafactory Texas observer Joe Tegtmeyer show Tesla is moving forward quickly in terms of its progress in producing the new Model Y Performance.
Tesla has rapidly progressed in the production of its most anticipated Model Y trim level: the Model Y Performance.
New drone images from noted drone operator and Gigafactory Texas observer Joe Tegtmeyer show Tesla is moving forward quickly in terms of its progress in producing the new Model Y Performance.
The vehicle is being spotted more frequently at the factory located just outside of Austin, with what appears to be the first units rolling out to outbound lots:
In case you missed the news, Giga Texas has begun Model Y Performance production. Now all variants of the Model Y (except the China-only YL) are built in Texas. pic.twitter.com/AOOB9jtLwN
— Joe Tegtmeyer 🚀 🤠🛸😎 (@JoeTegtmeyer) November 6, 2025
In the United States, Tesla unveiled the Model Y Performance on September 30, the newest iteration of the fastest trim level of the best-selling car in the world for the past two years. It was launched on the very last day of the $7,500 electric vehicle tax credit in the United States.
It featured a handful of performance improvements, including a 0-60 MPH acceleration rate of 3.3 seconds, a trim from the 3.5 seconds the 2025 version offered.
Additionally, the range has gone from 277 miles to 308 miles, a notable improvement in terms of how far it can travel on a charge.
There are also a handful of hardware changes that Tesla made to improve its aerodynamic performance, which all likely can be attributed to the boost in speed and acceleration, as well as range.
The vehicle was initially launched in Europe, which was not surprising, especially as Tesla was testing the new Performance trim at the famed Nurburgring in Germany.
Deliveries are currently slated for late November, but some orders are getting projections of mid-December for their Model Y Performance, which would help Tesla bolster its end-of-year delivery figures and follow up on an extremely bullish finish to Q3, which was the company’s strongest performance in history.
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