SpaceX announced a new Starlink product. Starlink Maritime will provide oceangoing vessels with up to 350 Mbps download while at sea. And it’s not just ships and boats that would benefit. Starlink Maritime is primarily for all types of sea-going vessels including merchant vessels, oil rigs, and even premium yachts.
Starlink for boats! https://t.co/BQujU8Ngna
— Elon Musk (@elonmusk) July 7, 2022
According to the website, “Starlink Maritime allows you to connect from the most remote waters across the world, just like you would in the office or at home.”
“In addition to withstanding extreme cold, heat, hail, sleet, heavy rain, and gale-force winds, Starlink also holds up against rocket engines.”
“Starlink is currently being used to get high-quality video of SpaceX rocket landings at sea, providing continuous coverage in the face of engines capable of generating up to 190,000 lbs of force.”
Users will be able to monitor and manage their Starlink fleet from a single portal and installation is designed with minimal above-deck space in mind.
The Price Of Starlink Maritime
The cost of Starlink Maritime includes a monthly payment of $5,000 and a one-time hardware cost of $10,000. The latter also includes two high-performance terminals. That may sound expensive but Elon Musk pointed out that SpaceX was paying $150,000 per month for a worse connection for its ships.
Also, being ruggedized for relentless salt spray & extreme winds & storms in deep ocean is not easy
— Elon Musk (@elonmusk) July 7, 2022
He added it wasn’t easy to ruggedize Starlink for relentless salt spray and extreme winds and storms in the deep ocean. As someone who lives in a state that has hurricane season, I’m sure these ocean storms will definitely put Starlink to the ultimate test.
Starlink Saves Lives
Starlink has proven to save lives already. Elon Musk provided Ukraine with thousands of Starlink terminals which has helped the nation stay online despite the continuous attacks from Russia. SpaceX also provided Starlink terminals to St. Charles Parish after hurricane Ida left most of the southern portion of Louisiana without power and communications.
I recently interviewed Elon Musk on my gem and mineral podcast. I shared with him some of what we went through after Ida had passed. I was without power for a week and I consider myself very fortunate that it was only for a week. It was great to see Elon care about the people of my state. I mentioned this in another post but will share Elon’s response again here:
“Well, just in general, Starlink, because it is not dependent on any ground-based infrastructure can provide internet connectivity to areas that have had floods or fires or earthquakes that t have destroyed the ground-based infrastructure.”
“That’s obviously extremely helpful for rescuing people and people being able to ‘I need to I need help. I need rescue.’ It’s like how do you find them? How do you communicate with them? Starlink can and has provided that in a number of situations.”
Starlink Will Improve The Quality Of Life For A Lot Of People
Elon also told me that he sees Starlink having a positive effect on improving people’s livelihoods.
“I think Starlink will have a really positive effect on improving people’s income and stuff and improving the standard of living. A large portion of the world does not have internet connectivity or if they do, it’s very bad and extremely expensive.”
“And Starlink can provide connectivity for a whole village of like 200 people type of thing and then, in that case, it would be like 50 cents a month per person. I think that’s pretty affordable.”
News
Tesla CEO Elon Musk says flying cars are coming
Tesla CEO Elon Musk said that flying cars will be coming to the market, something that his own company has hinted at previously.
Musk said on X, in response to a post that read, “We were promised flying cars and all we got is infinite superintelligence for everyone,” “You will get flying cars.”
You will get flying cars
— Elon Musk (@elonmusk) August 12, 2026
The post rang back to when Musk teased flying and hovering capabilities for the Tesla Roadster, the company’s supercar that has been delayed more times than anyone cares to count. It was set for an unveiling earlier this year, but it was then pushed back to August. There is still no sign of it coming.
However, that does not mean it won’t. But one of the biggest features of the Roadster that was teased was a SpaceX package that featured cold gas thrusters on the rear end that would help with white-knuckle acceleration. Another set would face the ground and would help the Roadster gain small bits of altitude, potentially helpful to jump over obstacles.
Elon Musk hints at Tesla Roadster’s “hovering” abilities in SpaceX package
But it is not a straightforward thing for Musk. As a serial entrepreneur, he tends to spend his time on major disruptors; currently, his largest projects are artificial intelligence and compute power, as well as SpaceX’s launches that will eventually make life multiplanetary.
In the past, he has been critical of flying cars and has been in favor of tunnels, one of the big reasons he started the Boring Company. In 2017 at a TED talk, he said:
“There is a challenge with flying cars in that they’ll be quite noisy. The wind force generated will be very high. Let’s just say that if something’s flying over your head, if there are a whole bunch of flying cars all over the place, that is not an anxiety-reducing situation…You’re thinking, ‘Did they service their hubcap? Or is it going to come off and guillotine me as they’re flying past?’”
However, he’s never been against them. He has also said he’s in favor of both tunnels and flying cars.
Contrary to press reports, I’m not against flying cars. Just said it was important to consider both pros and cons.
— Elon Musk (@elonmusk) March 24, 2015
Most recently, Musk said that anyone who wants a flying car should be able to get one. This was stated last October on the Joe Rogan Experience:
“My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars… I think if Peter wants a flying car, we should be able to buy one.”
Whether the Roadster will be Tesla’s flying car or potentially another one remains in the mind of Musk. Of course, the Roadster will have to make its way to production lines before we find out.
Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
Investor's Corner
Tesla has one big financial question to answer for investors: Morgan Stanley
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
