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Weekly Space Recap: August 7 – August 13

A collage of the last week in space! (Credits: SpaceX, NASA, Virgin Galactic, Richard Angle)

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Here are some of the stories you may have missed in the past week. The second week of August 2023 featured updates to Boeing’s delayed Starliner capsule, the Artemis II crew getting a look at their ride around the moon to SpaceX making more progress with the Starship program.

Boeing’s Starliner Delayed Further – More testing is in store for the long-delayed spacecraft as the company needs to verify the parachute system works as intended and finish removing a flammable tape that was inadvertently used on the capsule.

SpaceX continues Starlink launches – SpaceX launched 15 V2 mini Starlink satellites from California. The webcast featured beautiful views of Orbital Sunset as seen from the 2nd stage of the Falcon 9 as it completed its journey to space.

Booster 9 heads back to the production site – Following the first static fire test since the Integrated Test Flight, Booster 9 was removed from the Orbital Launch Mount and transported back to the production site for inspections and most likely engine swaps as 4 shut down early during the test.

Rocket Lab shares positive Q2 results – The company had a good Q2 and shared updates moving into Q3 and beyond, including additional launch contracts and updates on their new medium-lift rocket Neutron that will be a competitor with the Falcon 9 in the future.

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Artemis II crew check out their ride around the Moon – The first crew to fly around the Moon in 50 years got a view of their ride, the Orion capsule, at NASA’s Kennedy Space Center. The capsule is currently still being tested and assembled. Their trip is currently planned for no earlier than November 2024.

Virgin Galactic completes first all-civilian flight – The VSS Unity carried three civilians to 88.5 km on a trip to space, depending on which definition you follow. The passengers were able to enjoy a few minutes of weightlessness before returning to their seats for the glide back to the ground.

Amazon to fly Kuiper prototypes on Atlas V – Originally meant to launch on the new United Launch Alliance Vulcan Centaur rocket, delays to that program have forced Amazon to switch to the Atlas V. Amazon had already bought multiple Atlas V launches. However, those were intended to fly many more satellites than just two prototypes.

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SpaceX caps off week with another Starlink launch – SpaceX launched 22 V2 mini Starlinks from Cape Canaveral just after midnight, with Booster 1069 completing its 9th flight. This launch marked four launches in 8 days for the company before taking a small break.

This past week included a mix of good news and bad news, depending on which way you look at it. Hopefully, Boeing can get their program on track, as having two providers to send astronauts to the ISS is very important.

What do you think of the news that broke last week? Looking ahead to this week, SpaceX is at it again with more Starlink launches.

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Thanks for reading the Weekly Space Recap!

Questions or comments? Shoot me an email at rangle@teslarati.com, or Tweet me @RDAnglePhoto.

Elon Musk

Tesla Board Chair discusses what is being done to protect CEO Elon Musk

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Credit: xAI

Tesla Board Chair Robyn Denholm met with Bloomberg this morning to discuss a variety of topics, but perhaps one of the most interesting was her comments on what is being done to protect company CEO Elon Musk.

After the assassination of right-wing political commentator Charlie Kirk this week, there have been concerns about Musk’s safety, as well as that of other high-profile business leaders and political figures.

Earlier this week, Musk said himself that his security detail would be increased significantly following Kirk’s death, a move that many investors and fans of the company had requested because of political violence.

Elon Musk assures Tesla investors he will enhance his security detail

“Definitely need to enhance security,” Musk said. Tesla spent $3.3 million on Musk’s security in 2024 and January and February 2025. For reference, Meta spent over $27 million on Mark Zuckerberg’s security last year, which is higher than any other tech CEO.

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During Denholm’s appearance on Bloomberg TV earlier today, she stated that the company has been focused on Musk’s security detail for “many years,” especially considering he is one of the richest people on Earth and holds an incredible amount of influence.

“It is something that we take very seriously; he takes it very seriously as well. So, again, from a board perspective, it is something we’ve discussed at length,” Denholm said.

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Denholm added that she believes “there is not anyone in a boardroom that is not touched by what has happened with Charlie Kirk.”

Although Musk’s political involvement has toned down significantly in the past, he still has enemies, especially based on groups that oppose him and the company specifically. Based on this week’s events, it feels that increased security is a necessary expense Tesla must account for.

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Investor's Corner

Tesla bear turns bullish for two reasons as stock continues boost

“I think from a trading perspective, it looks very interesting,” Nathan said, citing numerous signs of strength, such as holding its 200-day moving average and holding against its resistance level.

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Credit: Tesla Manufacturing

A Tesla bear is changing his tune, turning bullish for two reasons as the company’s stock has continued to get a boost over the past month.

Dan Nathan, a notorious skeptic of Tesla shares, said he is changing his tune, at least in the short term, on the company’s stock because of “technicals and sentiment,” believing the company is on track for a strong Q3, but also an investment story that will slowly veer away from its automotive business.

“I think from a trading perspective, it looks very interesting,” Nathan said, citing numerous signs of strength, such as holding its 200-day moving average and holding against its resistance level.

He also said he believes a rally for the stock could continue as it heads into the end of the quarter, especially as the $7,500 electric vehicle tax credit is coming to an end at the end of the month.

With that being said, he believes the consensus for Q3 deliveries is “probably low,” as he believes Wall Street is likely underestimating what Tesla will bring to the table on October 1 or 2 when it reports numbers for the quarter.

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Tesla shares are already up over five percent today, with gains exceeding nine percent over the past five trading days, and more than fourteen percent in the past month.

While some analysts are looking at the performance of other Mag 7 stocks, movement on rates from the Federal Reserve, and other broader market factors as reasoning for Tesla’s strong performance, it appears some movement could be related to the company’s recent developments instead.

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Over the past week, Tesla has made some strides in its Robotaxi program, including a new license to test the platform in the State of Nevada, which we reported on.

Tesla lands regulatory green light for Robotaxi testing in new state

Additionally, the company is riding the tails of the end of the EV tax credit, as inventory, both new and used, is running extremely low, generally speaking. Many markets do not have any vehicles to purchase as of right now, making delivery by September 30 extremely difficult.

However, there has been some adjustments to the guidelines by the IRS, which can be read here:

Tesla set to win big after IRS adjusts EV tax credit rules

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Tesla is trading at around $389 at 10:56 a.m. on the East Coast.

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Tesla lands regulatory green light for Robotaxi testing in new state

This will be the third state in total where Tesla is operating Robotaxi, following Austin and California.

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Credit: Tesla

Tesla has landed a regulatory green light to test its Robotaxi platform in a new state, less than three months after the ride-hailing service launched in Texas.

Tesla first launched its driverless Robotaxi suite in Austin, Texas, back on June 22. Initially offering rides to a small group of people, Tesla kept things limited, but this was not to be the mentality for very long.

It continued to expand the rider population, the service area, and the vehicle fleet in Austin.

The company also launched rides in the Bay Area, but it does use a person in the driver’s seat to maintain safety. In Austin, the “Safety Monitor” is present in the passenger’s seat during local rides, and in the driver’s seat for routes that involve highway driving.

Tesla is currently testing the Robotaxi platform in other states. We reported that it was testing in Tempe, Arizona, as validation vehicles are traveling around the city in preparation for Robotaxi.

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Tesla looks to make a big splash with Robotaxi in a new market

Tesla is also hoping to launch in Florida and New York, as job postings have shown the company’s intention to operate there.

However, it appears it will launch in Nevada before those states, as the company submitted its application to obtain a Testing Registry certification on September 3. It was processed by the state’s Department of Motor Vehicles Office of Business Licensing on September 10.

It will then need to self-certify for operations, essentially meaning they will need to comply with various state requirements.

This will be the third state in total where Tesla is operating Robotaxi, following Austin and California.

CEO Elon Musk has stated that he believes Robotaxi will be available to at least half of the U.S. population by the end of the year. Geographically, Tesla will need to make incredible strides over the final four months of the year to achieve this.

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