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X Takeover adds Jared Isaacman as keynote speaker

Credit: X Takeover

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The upcoming X Takeover, formerly the Tesla Takeover, has added another keynote speaker to its lineup after it announced an appearance from Tesla’s design lead earlier this week.

Tesla Chief Designer Franz von Holzhausen was announced as a keynote speaker for the upcoming X Takeover event on Monday, and Tesla Owners Silicon Valley has now revealed that entrepreneur and Polaris Program head Jared Isaacman will join von Holzhausen as a keynote speaker. Taking place on July 27 and 28 at The Madonna Inn fields in San Luis Obispo, California, the event starts at $40 for an early bird day pass on the registration page, with that price available until April 30.

The focus of Isaacman’s keynote speech at the X Takeover will be “From Entrepreneurship to the Cosmos: A Journey of Inspiration,” along with von Holzhausen’s keynote speech on “Shaping the Future of Automotive Innovation.”

Isaacman funded and led the first private spaceflight sending civilians into orbit, dubbed the Inspiration4 mission, as part of the ongoing Polaris Program, and he is also CEO of the company Shift4 Payments. The launch also went on to get its own Netflix documentary, for which you can watch the trailer below.

The announcement also comes as the takeover event, which began as a Tesla enthusiast event in 2021, has re-branded for the upcoming year to include more than just Tesla. Instead, as highlighted by the addition of Isaacman to the keynote lineup, the event is being opened to all enthusiasts of Tesla and SpaceX, as well as Elon Musk’s other companies and other electric vehicle (EV) companies.

In addition to the many exhibitioners expected to be at the event—there were over 60 last year and more are planned this year—a portion of ticket purchases are being donated to the charitable organizations 17 Strong and St. Jude Children’s Research Hospital. St Jude was also a benefactor of Isaacman’s Inspiration4 launch, and at the time, Musk himself had even donated $50 million to the cause.

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The X Takeover event is set to include the following, as detailed on the registration site:

  • Inspirational Keynotes
  • Influencer Meet & Greet
  • Cybertruck Showcase
  • Tesla Pro Tips Workshop
  • Scenic Central Coast Ride & Drive
  • Tesla Synchronized Light Show
  • Engaging Panel Discussions
  • E-Mobility Demo Rides
  • Customized Tesla Showcase
  • Unique Collection of Exhibitors and Merchandise
  • Networking Opportunities
  • Professional Detailing
  • Accessories Installations

Last year, Elon’s mother, Maye Musk, was the keynote speaker, while industry manufacturing expert Sandy Munro was featured as the keynote speaker the year before. The event had around 2,000 attendees in 2023, and organizers are expecting as many as 2,000 to 3,000 for this year’s.

Tesla Owners Silicon Valley also notes that space for the event will be limited, so those hoping to attend should register as soon as possible.

New record for largest Tesla light show clinched by owners in Finland

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.

Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently lives in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver, InsideEVs, CleanTechnica, and many other publications. When he isn't covering Tesla or other EV companies, you can find him writing and performing music, drinking a good cup of coffee, or hanging out with his cats, Banks and Freddie. Reach out at zach@teslarati.com, find him on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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