CNBC has an update on Elon Musk’s pursuit of making Tesla Motors a private company once again.
Morgan Stanley is telling its clients Elon Musk’s stake in SpaceX may be leveraged as a source of funding for his plan to take Tesla private….
“Elon Musk’s desire to potentially take Tesla private may require large amounts of new equity capital. We see scope for SpaceX to play a potentially crucial role in facilitating the required financing as well as the strategic narrative going forward,” analyst Adam Jonas said in a note entitled “How SpaceX Can Potentially Help Tesla Go Private” to clients Monday. “We believe investors should consider the potential role of SpaceX in the near-term financial options confronting Tesla and its shareholders.”
….In a blog post later that day, Musk said “the intention is not to merge SpaceX and Tesla.”
Despite the comment, Jonas said SpaceX could invest directly in Tesla as part of a strategic partnership.
“While we are in no position to dispute this statement on a merging of the two entities, we do not expect Elon Musk to rule out the potential for the involvement of SpaceX as a capital-providing strategic partner or the potential for the value of SpaceX equity held within Mr. Musk’s trust to be considered in the financing of a potential Tesla buyout,” Jonas said. “We see increasingly compelling areas of industrial and strategic cooperation between SpaceX and Tesla in telecommunications / satellite broadband which we see as potentially advantageous for shared and automated transport networks.”
Show of hands if all this sounds a bit familiar. Tesla Motors took over SolarCity in what Musk called a “no-brainer” of synergies and which critics charged was a conflict of interest riddled bailout of a failing company about to go under that benefited Musk and two cousins. The deal added to Tesla’s already enormous debt load.
Some critics are predicting Tesla will go bankrupt this year; Musk disputes that. SpaceX is also in better shape than Tesla was when it absorbed SolarCity.
SpaceX has convened an invite-only workshop on its plans to establish a colony on Mars at the University of Colorado Boulder today and tomorrow.
However, SpaceX may be getting more serious about preparing for human landings on Mars, both in terms of how to keep people alive as well as to provide them with something meaningful to do. According to private invitations seen by Ars, the company will host a “Mars Workshop” on Tuesday and Wednesday this week at the University of Colorado Boulder. Although the company would not comment directly, a SpaceX official confirmed the event and said the company regularly meets with a variety of experts concerning its missions to Mars. (more…)
Launch Vehicle: Falcon 9 Payloads: Iridium Next 56-65 communications satellites Launch Time: 7:39:26 a.m. EDT; 4:39:26 a.m. PDT (1139:26 GMT) Launch Site: Vandenberg Air Force Base, California Webcast: www.spacex.com (Coverage begins 20 minutes before launch)
The timing is perfect for folks on the East Coast and in Europe, but not so much for us out here in California. If I can roll out of bed in time, I’ll try to take some video of the Falcon 9 launch from here in Mojave. No promises.
The launch will be the 13th for the Falcon 9 and the 14th flight overall for Elon Musk’s SpaceX in 2018. The company’s other launch was the successful maiden flight of Falcon Heavy in February.
A successful mission on Wednesday will put the United States in a tie with China with 20 launches apiece this year. The two launches will bring the worldwide total to 61 for the year.
Ariane 5 will be launching for the third time this year. It will also be the fourth launch of 2018 from Kourou.
Mark Zuckerberg’s Facebook is working on a satellite Internet project designed to provide broadband access around the globe, Wired reports.
The emails show that the social network wants to launch Athena, its very own internet satellite, in early 2019. The new device is designed to “efficiently provide broadband access to unserved and underserved areas throughout the world,” according to an application the social network appears to have filed with the FCC under the name PointView Tech LLC.
With the filing, Facebook joins Elon Musk’s SpaceX and Softbank-backed OneWeb, two well-funded organizations working on similar projects. In fact, SpaceX launched the first two of what it hopes will be thousands of its Starlink satellites just this past February.
The emails, which date back to July 2016, and subsequent confirmation from Facebook, confirm a story published in May by IEEE Spectrum, which used public records to speculate that Facebook had started a satellite internet project.
The new emails detail meetings between FCC officials and lawyers from a firm Facebook appears to have hired, which specializes in representing clients before government agencies. In one exchange from 2016, a lawyer from the firm requests to meet with FCC officials in the Office of Engineering & Technology and the International Bureau Satellite Division to discuss applying for an experimental license to construct and operate a “small LEO [low Earth orbit] satellite system with a limited duration mission.” The emails indicate that Facebook also set up subsequent meetings with the FCC in June and December of 2017.
Days after promising to behave himself better on Twitter, Elon Musk had what was arguably his worst public meltdown yet on Sunday when he leveled a charge of pedophilia against a diver who had been instrumental in saving a Thai soccer team and its coach trapped in a flooded cave.
Musk made the charge — without providing any evidence — against Vern Unsworth, a British diver who lives in Thailand, who last week criticized submarines that a team at Musk’s SpaceX built for the rescue effort as “just a PR stunt” that had “absolutely no chance of working” in the twisted confines of the cave.
The world’s launch providers were extremely busy in the first half of 2018, with China and the United States battling for the lead.
There with 55 orbital launches through the end of June, which amounted to a launch every 3.29 days or 79 hours. The total is more than half the 90 launches attempted in 2017. With approximately 42 missions scheduled for the last six months of the year, the total could reach 97. (more…)
The draft environmental assessment for SpaceX’s proposed expansion at NASA’s Kennedy Space Center (KSC) also revealed that Elon Musk’s rocket company plans to most of more than 4,000 satellites of its planned Starlink constellation from Cape Canaveral.
That will guarantee a busy schedule for SpaceX’s Launch Complex 39A (LC-39A) at KSC and LC-40 at the adjoining Cape Canaveral Air Force Station (CCAFS). LC-39A can accommodate Falcon 9 and Falcon Heavy boosters while LC-40 is configured for the Falcon 9.
Sharply conflicting opinions about the future of the International Space Station (ISS) and America’s path forward in space were on view last week in a Senate hearing room turned boxing ring.
In one corner was NASA Associate Administrator Bill Gerstenamier, representing a Trump Administration that wants to end direct federal funding for ISS in 2025 in order to pursue an aggressive campaign of sending astronauts back to the moon. NASA would maintain a presence in Earth orbit, becoming one of multiple users aboard a privatized ISS or privately-owned stations.
Earlier this month, Musk tweeted that the first Dragon 2 would be shipped to Cape Canaveral in about three months. If the prediction is accurate, that would be mean sometime in August. If his previous schedule predictions are anything to go by, delivery will occur later than that. Unless, of course, SpaceX ships the spacecraft earlier than Musk is predicting.
In any event, the spacecraft will likely require a lot of prep work at the Cape before it makes an automated flight test to the International Space Station. A second flight to ISS with a crew would follow before Dragon 2 would be certified to carry NASA astronauts on a commercial basis.
When on May 29, 2014, Elon Musk unveiled the Dragon 2 spacecraft at a gala ceremony at SpaceX headquarters in Hawthorne, Calif., the future of American human spaceflight seemed assured and tantalizingly close.
By 2017, the new spacecraft would begin making crewed flights to the International Space Station, restoring a capability that had ended with the last space shuttle mission in 2011. NASA’s dependence on Russian Soyuz spacecraft would come to an end.
Four years after its unveiling, Dragon 2 is still months away from making an automated flight test to the space station. A test flight with astronauts aboard might not occur until next year. The Government Accountability Office believes additional delays could push certification of the spacecraft to carry NASA astronauts on a commercial basis to December 2019. (Certification of Boeing’s crew vehicle might not occur until February 2020).
It’s good to keep all this in mind as Musk prepares to unveil his latest transportation plan this evening. At 7 p.m. PDT, Musk will hold a town-hall style meeting in Los Angeles to discuss plans by The Boring Company for tunneling under the city. The event will be webcast at https://www.boringcompany.com/.
Musk might have given a preview of the session on Twitter this week when he made a connection between his tunneling work and the mega rocket/spaceship that he is designing to render Dragon 2 and its Falcon 9 booster obsolete.
Boring Company Hyperloop will take you from city center under ground & ocean to spaceport in 10 to 15 mins https://t.co/VhpfhgdXSd
The spaceport in question is apparently the offshore platform where passengers will board the Big Falcon Rocket (BFR), which Musk says will be capable of going anywhere in the world in about 30 minutes. The rocket is also being designed to launch satellites and transport people and cargo to the moon and Mars.
It sounds as ambitious as anything Musk has attempted to date. If the past is any guide, his estimates on cost and schedules will be extremely optimistic.
Elon Musk had a teleconference today concerning the Falcon 9 Block 5 launch vehicle prior to the planned first flight of the upgraded booster. The launch, which would have orbited the Bangabandhu 1 communications satellite for Bangladesh, was scrubbed for an undisclosed technical reason. SpaceX plans to try again on Friday at 4:14 p.m. EDT.
Below are notes from Musk’s teleconference about the upgraded booster and SpaceX’s future plans. (more…)
Update: The launch was scrubbed for an undisclosed technical reason. SpaceX plans to try again on Friday at 4:14 p.m. EDT. Your local time may vary.
Elon Musk’s SpaceX will mark a major milestone for reusable rockets today with the launch of the upgraded Falcon 9 Block 5 booster.
The rocket is set to launch the Bangabandhu communications satellite for Bangladesh from NASA’s Kennedy Space Center in Florida. The launch window runs from 4:12-6:22 p.m. EDT (2012-2222 GMT). SpaceX will webcast the mission at www.spacex.com.