SpaceX
There are many challenges involved in a mission to Mars. What are they and what technology is SpaceX working on to address them?
The concept of sending humans to Mars has been an exciting idea for decades, and the direction of space travel in the 21st century is finally presenting the possibility of actually making that happen. Of course, once everyone let the seriousness of such a journey sink in, the question of feasibility has inevitably come to the table for open discussion with the goal of finding realistic solutions.
It’s interesting enough to simply review the missions of all the Mars hopefuls (Part 1), but now that the reviews are in, it’s the details that are driving the discussion. After all, even the casual observer knows that deep space travel presents challenges such as long-term zero gravity and the ever-popular doom-and-gloom danger of cosmic radiation.
[Say that last one in a loud, booming voice for extra effect.]
Before breaking down any specifics, I want to acknowledge that there’s more than just a twelve-step program to getting to Mars (twelve being the obligatory “go-to” number). It requires an entire infrastructure of capabilities that build upon and support one another. However, I’m taking a leap of faith by assuming that inevitably anyone making a successful trip to Mars will have partnerships in place to tap into such an infrastructure. It’s the larger components of the specific missions that I’m focusing on here.
Outlining the Challenges for a Mission to Mars
Credit: NASA
NASA has a dedicated “Space Technology Mission Directorate” (STMD) charged with developing the capabilities needed to achieve the missions and goals NASA is given.
With the red planet as one of the big missions of the day (meaning Mars obviously, although Pluto has also been determined to be red), there’s no shortage of PowerPoints, panels, and interviews to source for what’s being worked on. I’ll follow their lead for discussion.
Transportation
Falcon 9 launch | Credit: SpaceX
First and foremost, in order to explore Mars, we’ve got to get there and (arguably) back. Depending on the length of stay and mission purpose, the cargo needs are going to play a part in the “how” part of this puzzle piece. Small stuff, no sweat (relative to general space traveler sweat levels). Big stuff? Now we’ve got issues.
Propulsion
Propulsion has been an interesting discussion to watch from the sidelines, mainly due to the debate over the types of systems available versus the types of systems thought to be needed. General mission discussions tend towards a six to eight month flight time each way plus a year and a half or so on the surface, but there are those advocating for shorter flight times to mitigate hazard exposure and reduce cargo needs.
Current rocket fuels can speed things along, but only at the expense of high fuel consumption. Nuclear fusion (and fission) systems are in the works which would theoretically reduce the flight time to Mars to approximately three months, but the timeframe needed to fully develop and test such new technologies isn’t a big crowd pleaser.
-
The methane-based nature of SpaceX’s Raptor engine for their speculated Mars Colonial Transport doesn’t really lend either way to this debate because using methane is a choice surrounding resource availability rather than power levels. Since methane can be harvested and manufactured on Mars, it reduces the need to carry as much fuel from Earth on missions, thus lowering costs. Methane-based fuel generation is also one of the key parts of the Mars Society’s “Mars Direct” proposal.
Entry, Descent, and Landing
Given the fact that we’ve sent several rovers to Mars already, it might be surprising that getting a craft from orbit to the Martian surface is actually a huge challenge. A quick survey of our recent history certainly makes the case for landing to be a non-issue, so what’s the deal?
Apollo landing module | Credit: NASA
Yes, we land heavy things on Earth all the time, but we do so with an atmosphere about 99% thicker than the one on Mars. The lack of air pressure and wind on Mars means that there isn’t any real air resistance to aid in slowing down a massive descending craft nor is there any wind to tap into for a glider or parachute to be very effective.
What about the moon?
There’s virtually no atmosphere there, either, yet we landed quite a bit of cargo during the Apollo program. That explanation would be gravity. The moon has less than half the gravity that Mars does, which is less than 20% that of Earth. The difference in power required to land a crew module on the moon vs. Mars could maybe be compared to landing a mini Falcon 9 with a micro drone onto a piece of plywood in the middle of a swimming pool versus dropping, say, a child-sized Tesla Model S. Maybe not, but it’s fun to think about. So cute…
In 2012, NASA landed the rover “Curiosity” on the Martian surface using a very complicated parachute-plus-propulsion crane system. The existence of such technology somewhat gives the impression that landing things on Mars is already a solved problem. If what we’re landing is about the mass of a small car, this impression is true, but if we are landing anything significantly larger, such as a capsule carrying humans for example, then the problem is still a problem as larger masses require greater counterforce to slow down their descent.
SpaceX Gives Back
Falcon 9 first stage landing | Credit: SpaceX
SpaceX’s focus on developing propulsive landing systems is aiming to solve the problem of counterforce. This is actually an area where SpaceX is supporting NASA’s Journey to Mars (instead of the other way around) via the data obtained from their Falcon 9 landings to date. One of NASA’s proposed solutions is a “supersonic retropropulsion” system, meaning periodic firing of the engines on a craft to counter the speed resulting from a trip through the (small) Martian atmosphere. To date, NASA hasn’t been able to test this type of technology in an environment similar to what would be encountered on Mars whereas SpaceX has. By studying the results of SpaceX’s Falcon 9 first stage landings, NASA can use the information gathered for their retropropulsive system designs.
Back scratchers, unite!
Crew Systems
Apollo capsule in clean room | Credit: SDASM Archives
The crew ships under development for taking astronauts to Mars have a number of requirements to meet to be successful transports, and from the information available thus far, their progress seems to be moving along swimmingly. SpaceX’s Crew Dragon has been announced with photos and basic details provided, and NASA’s Orion capsule has enjoyed a marketing campaign providing numerous details for quite some time now.
Dragon capsule during hover test | Credit: SpaceX
The primary improvements in both capsule designs over the Apollo age seem to be more room, better heat shields, better software, and glass cockpits (i.e., touch screens). Crew Dragon can also hover (eventually landing) and blast off from its rocket transport in an emergency event. The aesthetics are pretty swank as well. Why isn’t there anything vastly different from what we’ve already done?
If it ain’t broke, don’t fix it.
-
Crew Cargo & Environmental Systems
Environmental systems and supplies to keep human travelers alive and (mostly) happy have been generally worked out via prior orbital missions, especially on the long-term International Space Station (ISS) ones. However, there are a few added “catches” that a mission to Mars throws in.
ISS | Credit: NASA on The Commons
First, the ISS is able to maintain long-term human crews due to regular cargo resupply missions. The travel distance for Mars-bound astronauts will render such types of delivery schedules unavailable. No cargo deliveries mean carrying all the cargo required for the entire trip, something that generally demands multiple rocket launches for supply assembly before heading out.
Other than the higher expense of multiple launches, this seems to just be a matter of logistics and cost effectiveness rather than capability. SpaceX’s Falcon Heavy was certainly designed with these cargo requirements in mind considering the power packed into its engines.
Second, life support system technology has been developed and advanced over the years on the ISS, but it requires a lot of maintenance to upkeep. Perhaps the life support systems on the new crew capsules will endure for longer than the systems on the ISS as they have the data available to design around, but in the event that upkeep is just a fact of life that can’t be prevented, crews will surely undergo the training to perform repairs as needed as they are now.
As development in the space industry continues, these issues may become minimal. For instance, short-term resupply missions could eventually become available as travel time to Mars decreases with more efficient and powerful propulsion systems. The development of photon propulsion via lasers is ongoing, the goal being to accelerate around 220 pounds of unmanned spacecraft to 25% the speed of light for a three-day trip to Mars. That could almost translate into a sort of Mars-based Amazon Prime. I see what you’re up to, Jeff Bezos!
SpaceX also plans on making regular cargo missions to Mars a bi-annual affair, so as long as supplies and equipment can last for the 26-month(ish) window between launches, it’s Mars-certified.
Zero Gravity Impacts
Astronaut Ed White on a spacewalk | Credit: NASA on The Commons
When astronauts return from long-term zero gravity, their bodies have to acclimate after changes despite attempts to mitigate the effects through exercise regimens. If you’re just going from Earth to space and then Earth again, no big deal really. But going from Earth to space and then Mars? There won’t be a team of medical professionals ready to drag the astronauts out of the capsule and tell them to take it easy for a while.
That’s kind of an amusing image, actually. The Red Dragon capsule lands but everyone inside is all laid out looking like they are badly hungover from the prior night’s club hopping. Throw in some glitter for Instagram? Sorry, I’m digressing…
What exactly are the effects of long-term zero gravity on the human body? According to NASA, muscles (including the heart) can atrophy at a rate of 5% per week, bones at 1% per month, and about 22% of blood volume is lost. These are generally recoverable, but it takes about as long to recover a muscle as it did to lose it, and bone can take two to three years to grow back if it does at all. The lower Mars gravity would probably mean an easier recovery process, but there’s still a process involved and the entire crew is affected. Not even regular exercise can mimic all of the (needed) effects that gravity has on the body.
-
Space colony concept art | Credit: NASA on The Commons
The concept of using a rotating space craft to mitigate this problem is seen so often in movies and space habitat designs that one might think it’s a “given” that some version of it will be used for Mars travel. In fact, The Mars Society’s “Mars Direct” plan even advocates for a rotating craft which uses the spent upper stage of the rocket as an anchor to spin the crew capsule around for artificial gravity simulation.
Since nothing looked like it would “spin” on the Dragon and Falcon Heavy media releases nor did there seem to be much room for a treadmill, I was really curious about what SpaceX’s answer to long term zero gravity was. From what I’ve read, it isn’t seen as a real problem or “show stopper”, if you will. Again, I’m missing a direct source to cite for any Elon or SpaceX comment on the issue, but from commentary around the web, it seems that the issue has surfaced in public discussions with no particular technology addressed to overcome it.
Perhaps this is one more thing we will see come September when SpaceX’s Mars Colonial Transporter plans are revealed. I can’t imagine that one hundred body-worn, space-traveling colonists wouldn’t be a problem needing to be addressed.
Surface Power
When it comes to any sort of space travel, solar seems to be one of the “go to” choices for power sourcing outside of propulsion. Unfortunately, when it comes to Mars exploration, solar power alone may not be enough. For one thing, Mars receives less than half the sunlight that Earth does, and most of that sunlight is only available in certain regions of the planet such as around the equator. Frequent light-blocking dust storms are also a problem. NASA’s STMD has outlined advanced batteries, regenerative fuel cells, fission nuclear systems, and solar arrays as the choice technologies for development in the area of surface power.
Nuclear power plant | Credit: US National Archives
Now, I admit that I don’t have all the time in the world to watch every Elon Musk video in existence (although I do enjoy the convenience of a YouTube channel with nearly all of them compiled), but I haven’t had much luck finding original sources of either Elon or a SpaceX executive directly commenting on the subject of surface power. I’m sure something is out there either eluding me or that I’ve forgotten I’ve seen.
Crew Dragon uses solar arrays attached to its trunk during flight for power, but the trunk is jettisoned prior to reentry (or entry when talking about Mars). I could make an educated guess based on the connections between Elon Musk and Solar City, Tesla, and the methane-based Raptor engines to presuppose that solar power, advanced batteries, and methane fuel generation are part of SpaceX’s surface power plans, but in the end it’s just a guess. Also, if Raptor is using a methane-based fuel because it can be resourced outside of Earth, I’d imagine that surface power would tie into that same manufacturing capability.
ISS solar panels | Credit: NASA on The Commons
Mars One plans to utilize solar power for its surface power needs, specifically “thin film solar photovoltaic panels”. There isn’t much detail about their required panel size available, only that they should have the ability to be rolled up and transported elsewhere if need be. Finally, as I mentioned previously, the “Mars Direct” plan advocates tapping into fuel generation structures that manufactures a Methane-Oxygen bi-propellant.
Overall, it seems everyone is likely on a similar page regarding power sources – nothing crazy or unheard of, unless you think nuclear anything is too risky.
Coming Up on Countdown to Mars…
Wernher von Braun and Walt Disney | Credit: NASA on The Commons
Cosmic space radiation! There’s so much on this topic, it’s worth an entire piece on its own. Spoiler alert: Elon doesn’t seem to be worried about that issue. Why not?
Also, stay tuned for a (theoretical) discussion on future Martian government…
Did you know that Werner von Braun had a fictional tale of a Martian society wherein the elected Martian leader was called “The Elon”? It’s almost as though he really did take a trip on that Nazi time traveling bell thing…
-
-
SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
-
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
-
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
Elon Musk’s space exploration company, SpaceX (NASDAQ: SPCX), is set to report its earnings for the second quarter today in what will be its first-ever earnings call since going public in July.
SpaceX is trading down roughly 25 percent from its IPO. These early stock signals are usually a bit tumultuous, and considering this is the first company actively launching rockets that is available on the stock exchange, investors might have a tendency to be a bit skittish.
However, there are going to be some details that investors will hear for the first time today on the earnings call. Here’s what to look for:
Wall Street Expectations
Revenue is expected to fall somewhere around $6.8 billion, and will be heavily driven by Starlink, which is SpaceX’s widely popular satellite internet platform that has been adopted by numerous airlines, cruise ships, and other maritime operations. It is also available for consumers at home or in their cars.
Earnings Per Share (EPS) expectations fall at a net loss of $0.23 per share. Wall Street sees this as a total net loss of roughly $1.9 billion.
EBITDA is expected to come in between $2 billion and $2.1 billion.
What Investors Want to Know
Tesla uses the Say platform to help work with both retail and institutional investors to answer relevant and quality questions that address concerns or questions that they might have.
-
However, SpaceX is doing things differently, as the company launched its own Investor Relations website where these questions are being fielded. Just like the Tesla questions, they seem to be less focused on the operational tasks and overall progress of the company, and more novelty.
Here are the top five:
- Has the team thought about what possibilities there are with your mascot Asteroid? Whether it’s starting additional foundations for kids in its name, helping kids learn about space, etc. Kids are our future, and Asteroid would be a fun and easy way to help.
- Baby Asteroid is already making a difference through charity around the world. Could SpaceX take it even further with programs that inspire kids to explore space?
- SpaceX has some legendary vehicle names. Would you ever allow the public to name a Starship, even knowing there is a 99% chance it becomes Shipy McShipface?
- When can we expect to see more footage of the Human Landing System?
- Will Asteroid (your mascot) go to Mars?
SpaceX will report its earnings today, August 4, at 4:30 P.M. EDT.
SpaceX reports beat in first earnings while minimizing losses
Elon Musk sends second warning to SpaceX shorts ahead of first earnings
