SpaceX successfully launches NASA new exoplanet telescope

Capitalism in space: SpaceX today successfully placed NASA’s new explanet space telescope, TESS, into orbit.

The first stage, which was making its first flight, successfully landed on the drone ship in the Atlantic. They hope to reuse this booster on a future Dragon launch.

Update: TESS’s solar arrays have successfully deployed.

The leaders in the 2018 launch standings:

11 China
8 SpaceX
4 ULA
3 Japan
3 Russia
3 Europe
3 India

The U.S. is now ahead of China, 12 to 11, in the national list.

More hatred and bigotry from the left

It has become quite depressing to repeatedly document the numerous daily examples of leftist hatred and bigotry that now populate American intellectual and political culture. It must be done, however, so below are a few more recent examples from the past month, categorized appropriately. A quick scan of the stories will illustrate to anyone how bankrupt our modern intellectual and political culture has become. Worse, it appears with time that the levels of emotional hate and bigotry are only growing.

First the bigotry:

I could list more, but these are enough. They illustrate the bigoted focus of the left. To them, everything is race or ethnicity. You cannot accomplish anything as an individual if you are a minority, and all your failures can be blamed on the evils of the white race. More important, it is their right to oppress whites, merely because they perceive that some white cultures in the past were oppressive. Under this mentality, we shall soon see the return of segregation (as indicated by at least two stories above) and racial discrimination. And it won’t matter that this time it will be whites who are oppressed instead of blacks. It will still be evil, because it will be based not on the content of each individual’s character but on the color of their skin.

Next the hate:
» Read more

Republicans make criminal referrals for Clinton, Comey, Lynch, and others

In a sane world this would be big news: Eleven Congressional Republicans have made a criminal recommendation to the Justice Department against Clinton, Comey, McCabe, Lynch, and others in connection with a number of different scandals, including the misuse of the FISA court and the Uranium One scandal.

House Oversight and Government Reform Committee member Rep. Ron DeSantis, R-Florida, along with nine other colleagues sent the letter Wednesday to Sessions and FBI Director Christopher Wray criminally referring former FBI Director James Comey, former Secretary of State Hillary Clinton, former Attorney General Loretta Lynch, and former FBI Deputy Director Andrew McCabe for their involvement in the investigations into President Trump and alleged violations of federal law. FBI Special Agent Peter Strzok and his paramour FBI lawyer Lisa Page, whose anti-Trump text messages obtained by the DOJ Inspector General Michael Horowitz, were also included in the referral.

“We write to refer the following individuals for investigation of potential violation(s) of federal statutes,” states the letter obtained by this reporter. “In doing so, we are especially mindful of the dissimilar degrees of zealousness that has marked the investigations into Former Secretary of State Hillary Clinton and the presidential campaign of Donald Trump, respectively. Because we believe that those in positions of high authority should be treated the same as every other American, we want to be sure that the potential violations of law outlined below are vetted appropriately.”

If you want to read the letter, go here.

I saw this story on these two sites about two hours ago, and have looked in vain for coverage elsewhere. This could mean that it is bogus, though I doubt it since both sites are generally very reliable. It could also mean that other news sources haven’t caught up. It could also mean that most mainstream media wants to ignore it, because (as operatives for the Democratic Party) they do not want the public to know about it.

Either way, it is very big news when a former Secretary of State and presidential candidate, the former Attorney General, and the former head of the FBI are suspected of crimes. I think we shall find out if this story is real by tomorrow.

Russia throws in the towel

Russian Deputy Prime Minister Dmitry Rogozin, who Putin had placed in charge of Russia’s space effort, today said in a television interview that it makes no sense for them to try to compete with SpaceX in the launch market.

“The share of launch vehicles is as small as 4% percent of the overall market of space services. The 4% stake isn’t worth the effort to try to elbow Musk and China aside,” Rogozin said in an interview on the RBC-TV channel on Tuesday.

He estimates the real market of space services at approximately $350 billion, with the creation of payloads, and not the launch of these payloads in space, accounting for the bulk of the sum. “Payloads manufacturing is where good money can be made,” he said.

Translation: We can’t figure out how to cut our costs and build better and cheaper rockets without eliminating many government jobs, so we have decided not to try. And we are going to make believe this failure is a good decision.

In response to the competitive threat from SpaceX, Putin’s government decided to consolidate their entire space industry into a single government corporation, run by their space agency Roscosmos. This reorganization however has failed entirely. Rather than encourage innovation and a lowering of costs, it served to make Russia’s entire aerospace industry a servant of politicians, who are more interested in distributing pork than building an efficient and competitive business.

Rogozin is thus essentially admitting here that Russia has lost its international commercial space business, and is therefore rationalizing that loss by claiming they never really wanted it in the first place.

This story confirms that Russia will be launching far fewer rockets in the coming years. Their dominance as one of the world’s launch leaders is now fading.

Diamonds from space!

Researchers have discovered nano-sized diamonds inside a recovered meteorite that suggest a formation process deep within a planet at least the size of Mercury.

The researchers used transmission electron microscopes to determine their composition and morphology, and found that the diamonds contained inclusions (impurities) made of chromite, phosphate and iron-nickel sulfides.

These inclusions are common in diamonds formed underground here on Earth, but this marks the first time they’ve been found in alien rocks. That’s interesting enough on its own, but it has much bigger implications – the team calculated that these diamonds could only have formed under pressure of more than 20 gigapascals. That means they must have been born inside a planet at least as big as Mercury, and possibly up to the size of Mars.

But there’s still more to the story. The fact these diamonds made it to Earth implies that their home planet, whatever it may have been, is no longer with us, since it would take quite a cataclysm to wrench them out of their birthplace deep underground and fling them into space. Instead, the team believes the diamonds came from a planetary embryo.

Not so fast. Though the researchers themselves, in the released paper, assume that the diamonds could only have formed from inside a now destroyed large planet, this leaves out the possibility that the diamonds formed inside one of the existing terrestrial planets, were moved upward toward the surface by later geological process (as happens to diamonds are here on Earth), and then were thrown from the planet by a later nearby impact. This scenario is just as likely.

Nonetheless, this discovery is fascinating. More than anything, it illustrates the inconceivable amount of time that has passed in creating our solar system. Any of these scenarios requires time, time in quantities that no human can really understand or conceptualize.

FCC upset FCC not included in National Space Council

Turf war! The FCC commissioner today questioned the omission of an FCC representative on Trump’s reborn National Space Council.

Commissioner Jessica Rosenworcel said April 17 that the Federal Communications Commission “needs to coordinate more closely with other federal authorities” as it navigates through new space activities. “Right now the National Space Council is considering policy changes to help promote the growth of the commercial space industry,” she said. “Their efforts encompass everything from streamlining licenses to reforming export controls, protecting airwaves, to facilitating space activities … the FCC should have a seat at the table. It’s a glaring omission that this agency does not, because through our oversight of the airwaves and licensing of satellite services, we have an important role ensuring the viability of space for future generations.”

Rosenworcel noted that the National Space Council as revived by the Trump administration last year has a distinguished list of leaders, including the head of NASA, the secretaries of defense, transportation and homeland security, and others, calling it “an impressive list.” But “cutting the FCC out of this discussion is an unseemly mistake, and one that deserves a fix,” she said.

To translate: The FCC wants to keep its regulatory power over space operations, and by excluding them from the council Trump is threatening that power. This is unacceptable!

If the Trump administration is truly serious about streamlining the space regulatory bureaucracy, we should hear more complaints like this in the coming months, from the FAA, NASA, the State Department, and other agencies. Normally such government streamlining efforts only make things worse, because all the threatened government agencies chime in with complaints like this. The result is that nothing gets streamlined. Instead, the effort merely adds another layer of bureaucracy, as illustrated by my previous post.

Air Force moves to reorganize its space operations

Turf war! Claiming it is working to speed up acquisitions and the design-to-launch timeframe of future space missions, the Air Force today announced that it is reorganizing its space operations.

After a four-month review, SMC Commander Lt. Gen. J.T. Thompson will begin the restructuring of the massive organization that oversees a $6 billion space portfolio.

In a keynote speech Tuesday at the 34th Space Symposium, Air Force Secretary Heather Wilson offered a preview of the upcoming reorganization. The central goal, she said, is to take down the walls that keep programs in stovepipes and create a more unified enterprise that looks at systems horizontally from design to production.

SMC will have a “chief architect” to guide and look across the entire space enterprise, Wilson said. Two new offices will be created. One will focus on innovation. The other will work to increase partnerships with foreign allies and commercial space companies. [emphasis mine]

This is rearranging deck chairs on a sinking ship. In fact, it is worse: It is buying more deck chairs for a sinking ship. Rather than cut the bureaucracy to simplify operations, they are creating more layers of bureaucracy on top of the old ones. The Air Force might be speeding up the design-to-launch of its satellites by switching to commercial products, but it appears that they aren’t saving the taxpayer any money as they do so.

Rocket Lab delays launch

Rocket Lab has decided to delay its April 20th launch Electron launch to its next launch window to give it time to review a technical issue uncovered during a dress rehearsal countdown last week.

In an interview during the 34th Space Symposium here, Rocket Lab Chief Executive Peter Beck said that engineers detected “unusual behavior” in a motor controller for one of the nine engines in its first stage. “We want to take some time to review that data,” he said on the decision to delay the launch.

The next launch window for the mission is in about three weeks, he said. While Rocket Lab owns its own launch site on New Zealand’s Mahia Peninsula, he said the company has to work with third parties that provide range safety services when scheduling launches. That should also be enough time, he added to assess the problem and make any hardware changes to the vehicle.

The second paragraph explains why they announce their launch dates as windows. They must give the local communities surrounding their launchpad sufficient notice of when a launch is planned. Interestingly, this system will become irrelevant when they start launching every two weeks, as planned by the next year. When that happens, there will always be a launch window open.

Trump administration to begin shift of space bureaucracy to Commerce

In an announcement yesterday at a space conference, Vice President Mike Pence announced that the Trump administration will give the Commerce Department the task of creating a new system for monitoring and managing satellites and space junk in order to avoid traffic conflicts.

The policy calls on the Commerce Department to provide “a basic level of space situational awareness for public and private use,” based on tracking data compiled by the Defense Department. Commercial space ventures would also be encouraged to partner with the government on the development of data-sharing systems and guidelines for minimizing orbital debris and avoiding satellite collisions, Pence said.

In truth, I suspect that this is the first political maneuver in a long term plan to shift the entire space regulatory bureaucracy to the Commerce Department. Right now it is split between agencies in a number of different agencies, including State, NOAA, the FAA, the FCC, and even NASA. It is this complex and Byzantine arrangement the private sector most complains about. I am not sure why Commerce is getting favored, but it has appeared that many powerful members in Congress have wanted things shifted to Commerce for awhile, and so the Trump administration appears willing to go along in order to get the system streamlined.

We shall see if this streamlining really takes place. Often in government the creation of a new single agency to handle everything merely adds an additional layer of bureaucracy, because no one wants to cut the older layers.

Imaging restrictions on Mars Reconnaissance Orbiter

Young lava flows on Mars

In releasing a new set of four captioned images today from the high resolution camera on Mars Reconnaissance Orbiter (MRO), the captions from each also included this paragraph:

Note: HiRISE has not been allowed to acquire off-nadir targeted observations for a couple of months due to MRO spacecraft issues, so many high-priority science objectives are on hold. What can be usefully accomplished in nadir mode is sampling of various terrains. Especially interesting in this observation are bedrock exposures, which provide information about the geologic history of Mars. “Nadir” refers to pointing straight down.

The image restrictions are probably related to either or both the battery and and reaction wheel issues noted in recent status report. What it means is that though they can still take good and revealing images, like the one to the right, cropped and reduced to post here, showing very young lava flows only a few million years old, scientists have less flexibility in what they can photograph.

If you click on the image you can see the full resolution version. The reason scientists think these are young flows is that they are so few craters here. The lava flows are located in the southern lava flows coming off the large volcano Elysium Mons, which sits due west of Mars’ largest volcano, Olympus Mons. These flows are also in the transition zone between Mars’ low flat northern plains and its high rough southern terrain.

When and if the spacecraft can resume full imaging operations is unknown. Based on the status report, it might never do so.

SpaceX announces it will build its Big Falcon Rocket in Los Angeles

Capitalism in space: SpaceX has confirmed that it will build its Big Falcon Rocket in the facility it has leased in the port of Los Angeles.

Looking at the string of stories I have just posted on Behind the Black, all describing the space plans of Rocket Lab, Stratolaunch, Orbital ATK, SpaceX, China, and the UAE, all aimed at taking off in the early 2020s, it seems the next decade will be a wild ride for space geeks.

Stratolaunch to make first flight later this year

Capitalism in space: Paul Allen said at a space conference today that Stratolaunch will likely make its maiden flight later this year.

Actual satellite launches will have to wait until around 2020, however, as the giant plane will first have to be certified by the FAA, a process expected to take one and a half to two years.

The profitability of this launch system at the moment remains an unknown. The only rocket presently set to launch on Stratolaunch is Orbital ATK’s Pegasus, which is designed to launch small to mid-size satellites. Stratolaunch will therefore have to compete with the slew of new smallsat rocket companies that should be becoming operational in the next two years. It will be interesting to see if this air-launched system will be able to compete with them.

The UAE receives more than 4000 astronaut applications

The new colonial movement: More that four thousand citizens of the United Arab Emirates have applied to become one of that nation’s first four astronauts.

The Mohammed bin Rashid Space Centre (MBRSC) has received over 4,000 applications (aged between 17 and 67) from Emiratis aspiring to join the UAE Astronaut Programme, which was launched in December 2017 and was open for registrations for three months until March 2018. Funded by ICT Fund of the Telecommunications Regulatory Authority (TRA), the programme saw females constitute 34% of applicants.

Qualified candidates will be chosen by a selection committee, following which they will need to pass a basic medical and psychometric test, an initial interview, an advanced medical and psychometric test and a panel interview. The top four candidates who will form the UAE Astronauts Team by the end of 2018 will then undergo a series of training programmes divided into year-long basic training modules and advanced training modules, which will be conducted over three years.

Three years from now the UAE should have have several different manned spaceship options to fly these astronauts on, from government manned capsules from Russia or China or private capsules like SpaceX’s Dragon or Boeing’s Starliner.

China finally reveals design issue that caused July’s Long March 5 failure

In a report released yesterday China finally revealed that a turbo pump design issue in one of Long March 5’s two first stage engines caused that rocket’s launch failure in July.

The State Administration for Science, Technology and Industry for National Defense (SASTIND), which oversees China’s space activities, released a report April 16 attributing the failure to a turbopump on one of two liquid-oxygen and hydrogen YF-77 engines powering the rocket’s first stage. The turbopump’s exhaust structure, according to SASTIND, failed while under “complex thermal conditions.”

Redesigned YF-77 engines have already been through hot fire testing at a site in a ravine near Xi’an in north China. The tests have verified the effectiveness of the measures taken, according to the report.

Unfortunately, the report is in Chinese, so I can’t read it. It does appear that the problem was a difficult one that required an engine redesign. That they have solved it is demonstrated by the release of this report. China’s space program functions like the old Soviet Union’s. Details about serious problems were only released, if at all, once the program had successfully overcome them

Elon Musk hints at using a “giant party balloon” to recover Falcon 9 upper stages

In several tweets yesterday, Elon Musk said that SpaceX is considering using “a giant party balloon” to recover Falcon 9 upper stages.

No timetable was mentioned. It seems that Musk and SpaceX is still looking at ways to reuse the Falcon 9 upper stage. Whether this proposal ever makes it to hardware however is a different question. Musk and his engineers have floated many concepts over the years, not all of which have flown.

The balloon idea has some merit, as it has been successfully used to land landers and rovers on the Moon and Mars.

Orbital ATK renames its Next Generation Launcher OmegA

At a space conference yesterday Orbital ATK announced that OmegA is the new name for its proposed Next Generation Launcher, based on solid fuel technology and set for launch in 2021.

They also outlined the rocket’s proposed capabilities.

In its intermediate three-stage configuration, OmegA will be powerful: About 2 million pounds of thrust at liftoff with no side-strapped solid rocket boosters. But with the added flexibility of sporting up to six SRBs [solid rocket boosters], that number could more than double and enter heavy-lift territory with around five million pounds of thrust. To provide perspective, SpaceX’s much-vaunted Falcon Heavy rocket launched in February with slightly more than 5 million pounds of thrust.

They are initially focused on winning military contracts.

Delays in New Shepard program?

In an interview for a Seattle news outlet, a Blue Origin official inadvertently hinted that the program was experiencing delays. Her words:

New Shepard will be flying Blue Origin employees by the end of this year, assuming our test program continues to go well. Within the next year or two, we’ll have paying customers, which is really exciting.

This vague statement confirms an earlier statement by another Blue Origin official, that the first manned test flights will not occur until the very end of this year, and that paying customers might not fly until 2020. It appears that there might be issues that are causing the New Shepard project to slow down. It could be the hardware, or maybe the company is reconsidering the profitability of suborbital tourism. By 2020 both SpaceX and Boeing will have the capability of putting tourists into orbit. The price might be much higher, but a large percentage of the customers who could afford the suborbital flight could also afford the orbital flight, and if they need to pick many are going to go orbital, reducing the customer base for the suborbital business.

How I spent my Saturday: Removing graffiti in a cave

Yesterday was another of my many cave adventures, but different than most. Instead of exploring and mapping newly discovered or out-of-the-way remote cave passages, I participated in a project of the Central Arizona Grotto (a chapter of the National Speleological Society and located in Phoenix) to remove years of graffiti from Peppersauce Cave. You can see pictures of yesterday’s effort here, published by the Arizona Star.

You won’t see any pictures of me. The younger cavers were far more photogenic.

Peppersauce has become what cavers call a “sacrificial cave.” It is open and ungated, relatively easy to traverse, and very well known throughout the state. Thus, many inexperienced people go there to see it, most of whom know little about caving, the ethics of protecting them, or the proper techniques for caving safely. Yesterday, while we were working to either sand-blast, chemically remove, or grind away old spray-paint (some of which was sadly obscene), I must have seen between 150 to 200 people go by. At least two thirds of them were not wearing helmets. Many clearly had never been in a cave before. Some were not wearing headlamps, carrying flashlights instead (which makes climbing harder because you don’t have use of both hands and can easily lose your light). A few even came in with no lights, depending instead on the lights their companions carried.

Because of this heavy traffic, Peppersauce has been badly trashed. On visits by experienced cavers we routinely carry out bags of trash, only to find that trash reappearing, sometime in mere hours. The walls of the cave had been covered with graffiti, some many layers deep.

Ray Keeler of Central Arizona Grotto (CAG) has organized several projects in the past to remove this graffitti over the past two decades. The effort he is leading this year is the third, and has the help of cavers from grottos throughout the state. This was the fourth clean-up weekend, and the first that I was able to attend (having missed the first three due to scheduling conflicts).

I’ve done similar things before, but never on this scale. It was quite educational using the solvent to remove some graffiti, but unfortunately many types of paint are completely resistant to removal by either sand-blasting or solvent. After awhile I got discouraged doing solvent work. Too often nothing got removed. In the afternoon I switched to our last technique, grinding, and was far more gratified with the results. The grinder, which we do not use on formations, removes only the slightest layer of material, and thus does little damage. It however is very effective in removing all paint, no matter how resistant.

The cave is now about two thirds cleaned. We are racing to finish the rest before the summer, because a typically insane reason forced upon us by the government. You see, according to a law passed by Congress, graffiti that is more than fifty years old is considered historical, and cannot be removed without a great deal of paperwork and complex bureaucracy. Spray paint was invented in the late 1960s (about fifty years ago), and so some of this ugly graffiti, no matter how obscene, is going to be protected by our government beginning later this year. Our goal is to get it removed beforehand, so that the cave can be returned to a more natural state, for future visitors to experience.

The first sunspots of the next solar cycle

In linking to my sunspot update this week, there has been a lot of speculation at the climate website WattsUpWithThat that the next solar cycle has begun.

Our resident solar physicist, Dr. Leif Svalgaard commented and provided a link to something reported by his colleagues, something that likely would not have been possible without the fantastic solar observations of NASA’s Solar Dynamic Observeratory (SDO). He said: “Cycle 25 has already begun. It looks to me that SC25 will be a bit stronger than SC24, so probably no Grand Minimum this time.” It seems a small sunspot has been observed, that has the opposite polarity of cycle 24 sunspots. [emphasis in original]

The speculation at WattsUpWithThat, which suggested that this sunspot was the first such sunspot this cycle, was not quite accurate however. This sunspot with an opposite polarity, which decayed so quickly that it did not rate getting a sunspot number, was not the first. This week the Solar-Terrestrial Centre of Excellence, a Belgian organization focused on space-solar science, published this very good article discussing not only this sunspot but two others, one of which occurred more than a year ago.
» Read more

Fueling issue during Electron countdown dress rehearsal

Rocket Lab today experienced a fueling issue during a countdown dress rehearsal in preparation for a April 20th launch.

Rocket Lab chief executive Peter Beck said the company “experienced a minor fuelling issue on the pad today during a wet dress rehearsal” on Sunday. “Our team is working through the data to ascertain the root cause. As per standard procedure, Fire and Emergency New Zealand is on site as a precautionary measure while the team closes out pad activities for the day.”

It is unclear if this unknown issue will effect their launch window, which begins on April 20 and lasts for two weeks.

NASA might scale down the first manned SLS flight

In order to meet its present schedule and budget, NASA is considering scaling down its first manned SLS flight in 2023 by using the same smaller version of SLS that will fly the first unmanned test flight in 2020.

The SLS has been in development for the last decade, and when complete, it will be NASA’s main rocket for taking astronauts to the Moon and Mars. NASA has long planned to debut the SLS with two crucial test missions. The first flight, called EM-1, will be uncrewed, and it will send the smallest planned version of the rocket on a three-week long trip around the Moon. Three years later, NASA plans to launch a bigger, more powerful version of the rocket around the Moon with a two-person crew — a mission called EM-2.

But now, NASA may delay that rocket upgrade and fly the same small version of the SLS for the crewed flight instead. If that happens, NASA would need to come up with a different type of mission for the crew to do since they won’t be riding on the more powerful version of the vehicle. “If EM-2 flies that way, we would have to change the mission profile because we can’t do what we could do if we had the [larger SLS],” Robert Lightfoot, NASA’s acting administrator, said during a Congressional hearing yesterday.

NASA clarified that astronauts would still fly around the Moon on the second flight. However, the rocket would not be able to carry extra science payloads as NASA had originally planned. “The primary objective for EM-2 is to demonstrate critical functions with crew aboard, including mission planning, system performance, crew interfaces, and navigation and guidance in deep space, which can be accomplished on a Block 1 SLS,” a NASA spokesperson said in a statement to The Verge.

The problem here really is that Congress keeps throwing money at this boondoggle. It will fly, but it will never be able to make the exploration and colonization of the solar system possible. It is simply too expensive and has a far too slow launch rate. Instead, it will allow for NASA to do stunts in space, while elected officials can preen and prance about, bragging about the jobs they brought to their districts.

And the nation’s debt will grow, and grow, and grow.

I hold to my prediction that private companies will bypass SLS in the 2020s, doing far more for far less. The differences between them will become downright embarrassing to SLS and Congress.

More delays threaten the Thirty Meter Telescope in Hawaii

The coming dark age: The delaying tactics of the opponents to building the Thirty Meter Telescope in Hawaii has caused the consortium to announce that it now seriously considering moving the telescope to Spain’s Canary Islands.

These have been the most recent delaying tactics:

On Thursday, the Hawaii Senate approved a bill to ban new construction atop Mauna Kea, and included a series of audits and other requirements before the ban could be lifted. But House leaders said they don’t have plans to advance the bill. Democratic House Speaker Scott Saiki told the Honolulu Star-Advertiser that the “bill is dead on arrival in the House.”

There are also two appeals before the Hawaii Supreme Court. One challenges the sublease and land use permit issued by the Hawaii Board of Land and Natural Resources. The other has been brought by a Native Hawaiian man who says use of the land interferes with his right to exercise cultural practices and is thus entitled to a case hearing.

When the telescope gets moved, expect these barbarians in Hawaii to celebrate loudly, claiming their victory as a victory for “native rights.” What they will really be telling us is two things. First, they are against gaining new knowledge and new technology in a manner that does no one any harm. And two, they put racial rights above all, making them the worst sort of bigots.

Marshmallow Farming

An evening pause: At first glance you might think this an April Fool’s piece, but it really isn’t. To be a good April Fool’s joke, you have to be fooled for at least a little while, something this does not do. What this video does do however is illustrate in an hilarious way the empty fake nature of television news. This is what they do normally, which has as much reality as this video.

Hat tip Jeff Poplin.

SpaceX in the news!

Rather than have two more consecutive posts about SpaceX, I’ve decided to post these two together in an effort to avoid making this website look like a site totally devoted only to this one company.

The first story makes it clear that SpaceX will almost certainly fly the first unmanned demo missions of its manned capsule later this year. We should also get an idea whether the first manned flight will occur before the end of the year, or slip into 2019, in May.

The second story reveals once again the robust and growing financial value of SpaceX.

Elon Musk-led SpaceX Corp is raising $507 million in a new round of funding, valuing the company at around $26 billion, according to a filing seen by Reuters. New articles of incorporation filed by the company last week and sent to Reuters by private analytics firm Lagniappe Labs showed the addition of 3 million ‘Series I’ shares from a previous version filed in November.

The filing also gave the initial value of the Series I shares as $169, 25 percent higher than a value given in its previous fundraising round late last year.

As Al Jolson once said, “You ain’t seen nothin’ yet!” I expect that SpaceX’s value will only go up in the coming years.

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