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SpaceX’s first launch and landing of 2018 a success [gallery]
Update: While live coverage of the mission ended immediately after, SpaceX has nailed their first Falcon 9 booster recovery of the new year after Zuma’s Core 1043 returned to Landing Zone 1 at Cape Canaveral Air Force Station. The landed booster will undoubtedly see another flight (or two) in the near future after a relatively low-energy mission to low Earth orbit, decreasing the level of harsh heating experienced. While no additional information will likely be shared, it is assumed that Falcon 9’s second stage successfully inserted the Zuma payload into its desired orbit, ending SpaceX’s first mission of 2018.
Up next for SpaceX is an historic wet dress rehearsal and static fire of the inaugural Falcon Heavy, currently expected to occur sometime next week, with launch before the end of January.
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- Nearing LZ-1…
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- and Falcon 9 1043’s landing legs deploy before a successful landing. (SpaceX)
Teslarati’s launch photographer Tom Cross was also able to snag some great shots of the booster’s recovery at LZ-1.
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- A composite long exposure showing the launch, landing, and second stage burns during the Zuma mission. (Tom Cross/Teslarati)
Aiming to lift off at 5pm PST/8pm EST later today, the Northrop Grumman-labelled Zuma mission is once again at the launch pad and ready to reach orbit aboard a SpaceX Falcon 9. Weather is currently 80% favorable for the mysterious mission, boding well for a launch sometime within the two hour window allotted to the satellite.
A charred log at SpaceX’s LC-40 pad serves as a reminder of their Amos-6 failure and the difficulties of orbital rocketry. (Tom Cross/Teslarati)
After issues were discovered in one of SpaceX’s payload fairings, Zuma was delayed from its original launch window in mid-November to January 2018, and was also moved from Launch Complex 39A to LC-40, just south of Kennedy Space Center. With its rescheduled ETA, SpaceX was looking to launch on January 4th, but a combination of undesirable upper-level winds and an opportunity to test the rocket and pad systems in frigid Florida weather conspired to delay the mission another handful of days to January 6 and finally January 7, today.
The apparently lightweight and highly secretive payload will mean that coverage of the payload and upper stage will sadly end immediately after the first stage separates. On the plus side, this means that the Falcon 9 booster’s return to Landing Zone 1 (LZ-1) will be the sole focus of SpaceX’s live coverage, likely culminating in some captivating footage, partially thanks to the beautiful, cloudless weather currently blessing Cape Canaveral. While the secretive nature of this launch will likely mean that no information will be publicly released about the mission of the Zuma satellite(s), a number of skilled astrophotographers will do their best to catalog and track the mission once it reaches orbit, just as they did with SpaceX’s intriguingly similar NROL-76 launch for the US National Reconnaissance Office in 2017.
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- Tom Cross took a number of awesome photos earlier this morning (January 7) as Zuma prepares for launch. (Tom Cross/Teslarati)
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In the meantime, our intrepid launch photographer Tom Cross has once again set up cameras to capture SpaceX’s delay-beset launch of Zuma, this time at the company’s newly reactivated LC-40 pad. With new, powerful lenses in tow, he’s been able to capture some gorgeous detail shots of SpaceX’s beautifully complex pad systems and rocket hardware. Follow along live on Instagram to get a behind-the-scenes view of SpaceX’s first launch of 2018.
SpaceX’s own official livestream can be found below.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
