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SpaceX on a roll with latest small satellite launch contract wins
Rideshare organize Exolaunch has announced a multi-spacecraft launch contract with SpaceX, continuing a streak of success enjoyed by the launch company’s Smallsat Program over the last several months.
While Exolaunch declined to confirm the mass of the payload or the number of satellites it manifested on a SpaceX Smallsat Program launch, the German company has likely arranged for 5-10 customer satellites to travel to orbit on Falcon 9. Known as a launch services provider, Exolaunch is effectively a middleman company tasked with connecting small satellites – typically cubesats in the 1-50 kg (1-125 lb) range – to rideshare launch opportunities on much larger rockets.
At face value, SpaceX’s Smallsat Program offers an extremely poor deal for individual cubesat owners on the market for launch services. However, through a growing number of flight-proven organizers like Exolaunch, Nanoracks, and others, markets and actual hardware are being developed to give the many hundreds or thousands of potential customers a cheap and reliable way to space. Uncertainties undoubtedly remain but SpaceX appears to be well on its way to securing a range of relatively valuable keystone customers, potentially becoming the go-to option for smallsat launches.
While it sounds deceptively simple, it’s looking more and more like SpaceX’s Smallsat Program has been an extremely strategic and forward-looking play, setting the company up to be a bit like the spaceflight equivalent of an ocean freight provider. Effectively the invisible backbone of the global economy, modern shipping is incredibly efficient and effective in large part because of the adoption of standardized shipping containers.
Just like oceanic shipping, the cost of transporting an entire shipping container is uneconomical for the vast majority of customers in search of logistics services. Instead, 3rd parties typically acquire space and then sell portions of each container’s volume inside to smaller customers. Companies like Exolaunch, Nanoracks, and more are essentially trying to become those third parties, albeit in a world where the standard shipping container has yet to be developed.
Exolaunch’s ‘Exopod’ is one of several such orbital-shipping-crates-in-waiting and will fly on SpaceX’s first dedicated rideshare mission, scheduled to launch no earlier than (NET) December 2020. Critically, providers like Exolaunch – tasked with deploying multiple customer satellites in orbit – can require an overall payload heavy enough for SpaceX’s pricing to be spectacularly competitive. Assuming an Exopod is ~50 kg and can store four 3U cubesats weighing ~10 kg each, Exolaunch would have to pay SpaceX just ~$1M to launch a full pod.
Add a 25% overhead for Exolaunch’s own costs and those four satellites could reach orbit for something like ~$300,000 apiece. In reality, it’s likely possibly for costs to be even lower, but it serves to show how 3rd-party service providers can offer prices lower than the launch company’s own catalog.
Aside from Exolaunch, SpaceX has won several smallsat launch contracts from Nanoracks (partially a services provider like Exolaunch), Momentus (a space tug company with more than a dozen of its own satellite customers), Kepler (an Internet of Things satellite constellation company), as well as several smaller orders. SpaceX’s growing relationship with Momentus is particularly interesting as the latter company’s goal is to develop cheap orbital tugs, deploying satellites at the exact orbits they want even if launched as part of a rideshare. Momentus has already bought slots for its Vigoride space tugs on five SpaceX rideshare launches, beginning as early as December 2020.
Ultimately, while the economics of rideshare launches on vehicles as large as Falcon 9 remain extremely unforgiving, SpaceX appears to be in it for the long haul and has certainly won an impressive number of launch contracts in just the last few months. SpaceX’s first Smallsat Program rideshare could happen as early as June 2020, hitching a ride on one of the two-dozen internal Starlink missions planned this year. The first dedicated rideshare is working towards its own December 2020 launch debut.
Elon Musk
SpaceX Starship V3 gets launch date update from Elon Musk
The first flight of Starship Version 3 and its new Raptor V3 engines could happen as early as March.
Elon Musk has announced that SpaceX’s next Starship launch, Flight 12, is expected in about six weeks. This suggests that the first flight of Starship Version 3 and its new Raptor V3 engines could happen as early as March.
In a post on X, Elon Musk stated that the next Starship launch is in six weeks. He accompanied his announcement with a photo that seemed to have been taken when Starship’s upper stage was just about to separate from the Super Heavy Booster. Musk did not state whether SpaceX will attempt to catch the Super Heavy Booster during the upcoming flight.
The upcoming flight will mark the debut of Starship V3. The upgraded design includes the new Raptor V3 engine, which is expected to have nearly twice the thrust of the original Raptor 1, at a fraction of the cost and with significantly reduced weight. The Starship V3 platform is also expected to be optimized for manufacturability.
The Starship V3 Flight 12 launch timeline comes as SpaceX pursues an aggressive development cadence for the fully reusable launch system. Previous iterations of Starship have racked up a mixed but notable string of test flights, including multiple integrated flight tests in 2025.
Interestingly enough, SpaceX has teased an aggressive timeframe for Starship V3’s first flight. Way back in late November, SpaceX noted on X that it will be aiming to launch Starship V3’s maiden flight in the first quarter of 2026. This was despite setbacks like a structural anomaly on the first V3 booster during ground testing.
“Starship’s twelfth flight test remains targeted for the first quarter of 2026,” the company wrote in its post on X.
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Tesla China rolls out Model 3 insurance subsidy through February
Eligible customers purchasing a Model 3 by February 28 can receive an insurance subsidy worth RMB 8,000 (about $1,150).
Tesla has rolled out a new insurance subsidy for Model 3 buyers in China, adding another incentive as the automaker steps up promotions in the world’s largest electric vehicle market.
Eligible customers purchasing a Model 3 by February 28 can receive an insurance subsidy worth RMB 8,000 (about $1,150).
A limited-time subsidy
The insurance subsidy, which was announced by Tesla China on Weibo, applies to the Model 3 RWD, Long Range RWD, and Long Range AWD variants. Tesla stated that the offer is available to buyers who complete their purchase on or before February 28, as noted in a CNEV Post report. The starting prices for these variants are RMB 235,500, RMB 259,500, and RMB 285,500, respectively.
The Tesla Model 3 Performance, which starts at RMB 339,500, is excluded from the subsidy. The company has previously used insurance incentives at the beginning of the year to address softer seasonal demand in China’s auto market. The program is typically phased out as sales conditions stabilize over the year.
China’s electric vehicle market
The insurance subsidy followed Tesla’s launch of a 7-year low-interest financing plan in China on January 6, which is aimed at improving vehicle affordability amid changing policy conditions. After Tesla introduced the financing program, several automakers, such as Xiaomi, Li Auto, Xpeng, and Voyah, introduced similar long-term financing options.
China’s electric vehicle market has faced additional headwinds entering 2026. Buyers of new energy vehicles are now subject to a 5% purchase tax, compared with the previous full exemption. At the same time, vehicle trade-in subsidies in several cities are expected to expire in mid-November.
Tesla’s overall sales in China declined in 2025, with deliveries totaling 625,698 vehicles, down 4.78% year-over-year. Model 3 deliveries increased 13.33% to 200,361 units, while Model Y deliveries, which were hampered by the changeover to the new Model Y in the first quarter, fell 11.45% to 425,337 units.
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Tesla hiring Body Fit Technicians for Cybercab’s end of line
As per Tesla’s Careers website, Body Fit Technicians for the Cybercab focus on precision body fitment work, including alignment, gap and flush adjustments.
Tesla has posted job openings for Body Fit Technicians for the Cybercab’s end-of-line assembly, an apparent indication that preparations for the vehicle’s initial production are accelerating at Giga Texas.
Body Fit Technicians for Cybercab line
As per Tesla’s Careers website, Body Fit Technicians for the Cybercab focus on precision body fitment work, including alignment, gap and flush adjustments, and certification of body assemblies to specification standards.
Employees selected for the role will collaborate with engineering and quality teams to diagnose and correct fitment and performance issues and handle detailed inspections, among other tasks.
The listing noted that candidates should be experienced with automotive body fit techniques and comfortable with physically demanding tasks such as lifting, bending, walking, and using both hand and power tools. The position is based in Austin, Texas, where Tesla’s main Cybercab production infrastructure is being built.
Cybercab poised for April production
Tesla CEO Elon Musk recently reiterated that the Cybercab is still expected to start initial production this coming April. So far, numerous Cybercab test units have been spotted across the United States, and recent posts from the official Tesla Robotaxi account have revealed that winter tests in Alaska for the autonomous two-seater are underway.
While April has been confirmed as the date for the Cybercab’s initial production, Elon Musk has also set expectations about the vehicle’s volumes in its initial months. As per the CEO, the Cybercab’s production will follow a typical S-curve, which means that early production rates for the vehicle will be very limited.
“Initial production is always very slow and follows an S-curve. The speed of production ramp is inversely proportionate to how many new parts and steps there are. For Cybercab and Optimus, almost everything is new, so the early production rate will be agonizingly slow, but eventually end up being insanely fast,” Musk wrote in a post on X.
SpaceX Starship V3 gets launch date update from Elon Musk
Tesla China rolls out Model 3 insurance subsidy through February
