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SpaceX rideshare program beats small rockets for Emirati launch contract

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The United Arab Emirates’ (UAE) space agency has contracted with SpaceX to launch a domestically-built Earth observation satellite on a Falcon 9 rideshare mission.

Known as MBZ SAT, the ~700 kg (~1550 lb) spacecraft will be the second domestic imaging satellite (mostly) built by the UAE itself and, among several other upgrades, will nearly double its resolving power from KhalifaSat’s 0.7m/pixel to ~0.4m/pixel – not far off from the unclassified state of the art. To develop such an advanced domestic capability is no small task and based on similarly sized and capable spacecraft from the US and Europe, MBZ SAT development and the first flightworthy satellite could easily cost $100 million or more.

That makes the mission a bit of a jewel in the crown of SpaceX’s Smallsat Rideshare Program, which is intentionally branded as a more hands-off, public-transit-like utility that offers extremely low prices at the cost of more traditional white-glove launch services.

For a direct contract with SpaceX itself, the Smallsat Rideshare Program charges a minimum of $1 million to launch up to 200 kg (440 lb) on one payload adapter. Anything beyond that 200 kg mark costs the same, so twice the payload on the same adapter would cost exactly twice as much. For a fee, SpaceX also offers fueling services and gives customers the option of buying SpaceX-built adapters and deployment mechanisms or bringing their own.

Buying from SpaceX, that makes the Smallsat Program optimal for spacecraft between about 50 kg and 500 kg. For truly tiny satellites, third-party launch service providers like Exolaunch and Spaceflight purchase several-hundred-kilogram slots for self-built adapters that can host a handful to dozens of cubesats and nanosats. In that sense, the way SpaceX has structured its Smallsat Program almost mirrors large-scale shipping. SpaceX simply offers space on its ‘ship,’ leaving it mostly up to the customers to worry about their ‘containers.’ Some customers might need all or most of a container to themselves – an optimal outcome. Others might have goods that barely fill a fraction of a container and have to either find other customers to partner with or a third-party logistics company that works to slot a bunch of small payloads together to maximize efficiency and minimize shipping costs.

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With the right balance, most common customer needs and budgets can be catered to with the same program and on the same ship or launch. That includes outliers like MZB SAT, which can be equated to an ultra-expensive hypercar that needs special handling and a container all to itself. In this case, it’s likely that SpaceX will go above and beyond to accommodate the UAE’s particular needs and be extra cognizant of the gap between MZB SAT and the Transporter mission’s other rideshare payloads.

Above all else, MZB SAT is almost perfectly sized and destined for the perfect orbit (500 km or 310 mi) to be launched on one of several new small rockets that could be operational by H2 2023. That list includes Firefly’s Alpha, Relativity’s Terran 1, ABL Space’s RS1, and several other vehicles specifically designed to launch small satellites in the 300-1000 kg range. For a premium over rideshare space on larger rockets, a dedicated launch does tend to include more hands-on service, greater schedule flexibility, and a ride to the optimal orbit.

However, SpaceX’s Falcon 9 rocket ultimately won over the UAE, firmly demonstrating that industry-best pricing paired with the most reliable rocket currently flying is a hard combination to beat.

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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Tesla called ‘biggest meme stock we’ve ever seen’ by Yale associate dean

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Credit: Tesla

Tesla (NASDAQ: TSLA) is being called “the biggest meme stock we’ve ever seen” by Yale School of Management Senior Associate Dean Jeff Sonnenfeld, who made the comments in a recent interview with CNBC.

Sonnenfeld’s comments echo those of many of the company’s skeptics, who argue that its price-to-earnings ratio is far too high when compared to other companies also in the tech industry. Tesla is often compared to companies like Apple, Nvidia, and Microsoft when these types of discussions come up.

Fundamentally, yes, Tesla does trade at a P/E level that is significantly above that of any comparable company.

However, it is worth mentioning that Tesla is not traded like a typical company, either.

Here’s what Sonnenfeld said regarding Tesla:

“This is the biggest meme stock we’ve ever seen. Even at its peak, Amazon was nowhere near this level. The PE on this, well above 200, is just crazy. When you’ve got stocks like Nvidia, the price-earnings ratio is around 25 or 30, and Apple is maybe 35 or 36, Microsoft around the same. I mean, this is way out of line to be at a 220 PE. It’s crazy, and they’ve, I think, put a little too much emphasis on the magic wand of Musk.”

Many analysts have admitted in the past that they believe Tesla is an untraditional stock in the sense that many analysts trade it based on narrative and not fundamentals. Ryan Brinkman of J.P. Morgan once said:

“Tesla shares continue to strike us as having become completely divorced from the fundamentals.”

Dan Nathan, another notorious skeptic of Tesla shares, recently turned bullish on the stock because of “technicals and sentiment.” He said just last week:

“I think from a trading perspective, it looks very interesting.”

Nathan said Tesla shares show signs of strength moving forward, including holding its 200-day moving average and holding against current resistance levels.

Sonnenfeld’s synopsis of Tesla shares points out that there might be “a little too much emphasis on the magic wand of Musk.”

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

This could refer to different things: perhaps his recent $1 billion stock buy, which sent the stock skyrocketing, or the fact that many Tesla investors are fans and owners who do not buy and sell on numbers, but rather on news that Musk might report himself.

Tesla is trading around $423.76 at the time of publication, as of 3:25 p.m. on the East Coast.

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Tesla makes big change to Full Self-Driving doghouse that drivers will like

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

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tesla cabin facing camera
Tesla's Cabin-facing camera is used to monitor driver attentiveness. (Credit: Andy Slye/YouTube)

Tesla is making a big change to its Full Self-Driving doghouse that drivers will like.

The doghouse is a hypothetical term used to describe the penalty period that Tesla applies to drivers who receive too many infractions related to distracted driving.

Previously, Tesla implemented a seven-day ban on the use of Full Self-Driving for those who received five strikes in a vehicle equipped with a cabin camera and three strikes for those without a cabin camera.

It also forgave one strike per week of Full Self-Driving use, provided the driver did not receive any additional strikes during the seven-day period.

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

The change was found by Not a Tesla App, which noticed the adjustment in the Owner’s Manual for the 2025.32 Software Update.

The system undoubtedly helps improve safety as it helps keep drivers honest. However, there are definitely workarounds, which people are using and promoting for monetary gain, and you can find them on basically any online marketplace, including TikTok shop and Amazon:

People are marketing the product as an FSD cheat device, which the cabin-facing camera will not be able to detect, allowing you to watch something on a phone or look through the windshield at the road.

The safeguards implemented by Tesla are designed to protect drivers from distractions and also protect the company itself from liability. People are still using Full Self-Driving as if it were a fully autonomous product, and it is not.

Tesla even says that the driver must pay attention and be ready to take over in any scenario:

“Yes. Autopilot is a driver assistance system that is intended to be used only with a fully attentive driver. It does not turn a Tesla into a fully autonomous vehicle.

Before enabling Autopilot, you must agree to “keep your hands on the steering wheel at all times” and to always “maintain control and responsibility for your vehicle.” Once engaged, Autopilot will also deliver an escalating series of visual and audio warnings, reminding you to place your hands on the wheel if insufficient torque is applied or your vehicle otherwise detects you may not be attentive enough to the road ahead. If you repeatedly ignore these warnings, you will be locked out from using Autopilot during that trip.

You can override any of Autopilot’s features at any time by steering or applying the accelerator at any time.”

It is good that Tesla is rewarding those who learn from their mistakes with this shorter timeframe to lose the strikes. It won’t be needed forever, though, as eventually, the company will solve autonomy. The question is: when?

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Elon Musk teases the capabilities of the Tesla Roadster once again

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Elon Musk has once again teased the capabilities of the Tesla Roadster, fueling the anticipation that many have for the vehicle, despite it still having no public production or delivery date.

The Roadster is among the most anticipated vehicles in the automotive sector currently, and as Tesla has teased its capabilities, from a lightning-fast 1.1-second 0-60 MPH acceleration to potential hovering with cold-gas thrusters, people are eager to see it.

Although the design seemed to be finalized, there was still more work to be done. Earlier this year, as Tesla was showcasing some of the Roadster’s capabilities to Musk, he stated that it was capable of even more.

This pushed back its production date even further, much to the chagrin of those who have been waiting years for it.

Musk continues to tease us all, and as we sit here waiting hopelessly for it to be revealed, he said today that it is “something special beyond a car.”

Musk’s words were in response to a video posted by Tesla China, showing the Roadster in a new promotional video created by a fan.

The Roadster was planned to be released in 2020, but here we are in 2025, and there is still no sign of the vehicle entering production. However, Tesla did say earlier this year that it would host a demo event for the Roadster, where the company would showcase its capabilities.

Lars Moravy said earlier this year:

“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind-blowing; We showed Elon some cool demos last week of the tech we’ve been working on, and he got a little excited.”

Tesla exec gives big update on Roadster, confirming recent rumor

The delays have been attributed to “radically increased design goals” for the vehicle, which have, without a doubt, improved its capabilities, but at the same time, we just want to know if it’s ever going to come.

Tesla can always make it “better,” but at what point do you say, “Okay, it’s time to show this thing off.” They could always build another, even more capable supercar in the next ten years.

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