SpaceX’s revenue estimate for 2024 is $13.3 billion

According to an independent analysis of SpaceX’s announced launch plans for 2024, the company’s revenue in 2024 is predicted to be somewhere around $13.3 billion, including earnings from Starlink subscribers.

This independent estimate is less than SpaceX’s own projection of $15 billion, but what is important is that the revenue in 2024 equals approximately the total amount of investment capital that SpaceX has raised for Starship/Superheavy and Starlink. Add to this the estimated revenues from 2023, $8 billion, and it appears SpaceX is in a very healthy position to complete the construction of Starship and begin flying it regularly for profit.

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A pin falls off Virgin Galactic’s mother ship during most recent passenger flight

Virgin Galactic has notified the FAA that a pin fell off its Eve mother ship, carrying its SpaceShipTwo Unity suborbital spacecraft, during most recent passenger flight on January 26, 2024.

Virgin Galactic said the alignment pin fell from its VMS Eve mothership aircraft, the plane that carries VSS Unity aloft. The pin is used to ensure Unity is aligned to Eve when mated during preflight preparations. After takeoff, the pin helps transfer drag loads from Unity into the pylon and center wing section of the aircraft. The alignment pin detached after Unity separated from Eve, although the company did not state how long afterwards the pin came off. The pin, along with a separate shear pin fitting assembly, do not play a role in flight activities after the release of the spaceplane.

The FAA states it will do an investigation before permitting more flights, but we know from a recent GAO report that it does no such thing. It simply observes the investigation by the company involved, and then rubber stamps it afterward. Nor is this wrong, as no one at the FAA is qualified to do such investigations, unlike the engineers at the company.

The investigation however might impact the next flight. The company has said it intends to end flights using Unity after then next three, and then stand down as it replaces it with its next generation spacecraft. This incident might force that stand-down to occur sooner.

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Weather stops everything by SpaceX in the last 24 hours

SpaceX found itself stymied in the past 24 hours due to poor weather conditions on both coasts, with two launches and the return of a Dragon capsule from space all scrubbed.

First a Falcon 9 launch from Vandenberg of 22 Starlink satellites was scrubbed, the launch pushed back from yesterday to tonight at 5.39 pm (Pacific).

Then a launch of a NASA climate satellite on a Falcon 9 rocket from Cape Canaveral was scrubbed shortly thereafter, the launch rescheduled for 1:33 am (Eastern) tonight.

Finally, the return of Axiom’s Ax-3 commercial passenger flight to ISS was scrubbed today because of poor weather conditions.

NASA, Axiom Space, and SpaceX are standing down from the Tuesday, Feb. 6, undocking opportunity of Axiom Mission 3 from the International Space Station. Mission teams will continue to review weather conditions off the coast of Florida, which currently are not favorable for return, and set a new target opportunity for space station departure and splashdown of the Dragon spacecraft and Axiom crew members.

The undocking is now tentatively set for tomorrow morning, but this remains unconfirmed. The three passengers and the Axiom commander have so far spent 18 days in orbit. The original plan was for a 14 day mission, most of which to be spent on ISS, but weather can always extend such plans.

The launch scrubs illustrate the challenge SpaceX faces in reaching its stated goal of 150 launches in 2024. It appears the company is now capable of technically meeting that goal. To do it however it needs to launch almost every other day, and weather simply might not allow a pace like this during some parts of the year in both Florida and California. Whether the company can make-up for these delays with multiple daily launches at other times remains unknown. If it does, it will be another feather in the cap for SpaceX.

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Ed Wynn, Julie Andres, Dick Van Dyke – I Love to Laugh

An evening pause: From the 1964 film, Mary Poppins. I post it to celebrate my birthday. I saw this movie in the theater that year, as an eleven-year-old, and its optimistic and hopeful look at existence has never left me, even now in these dark times. If only today’s adults would focus on teaching these same positive and hopeful lessons to their own children.

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Collins Aerospace tests its new spacesuit on the Zero Gravity airplane

On January 30, 2024 Collins Aerospace, one of two companies that NASA has contracted to design and build new spacesuits for its future missions, successfully tested its new spacesuit on the Zero Gravity airplane, where it was able to have a person use the suit in short but weightless conditions.

Collins is designing its suit in collaboration with ILC Dover and Oceaneering. Former NASA astronauts, John “Danny” Olivas and Dan Burbank, each donned the suit and performed a series of test objectives while onboard a Zero Gravity plane that’s able to perform parabolic maneuvers to simulate microgravity for short bursts. They were surrounded by several support personnel who were gathering data about the suit performance.

In total, they performed 40 parabolas during the flight. Collins said the primary goals included “evaluation of the suit’s pressure garment system fit and functionality, use of International Space Station tools and interfaces, and reviewed performance of the new Extravehicular Mobility Unit, or EMU, against the current design.”

The two spacesuit contracts (the second is with Axiom) are costing NASA about $335 million total to get the suits designed, built, and certified for use in spacewalks and ground operations on the Moon. Both companies appear on schedule to deliver those suits in less than three years.

Previously, NASA had tried to build new spacesuits on its own, and had spent a billion dollars over fourteen years while building nothing. The contrast in this story between the government and private enterprise should be clarifying to everyone.

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Texas state court rules in favor of activist lawsuit against SpaceX

The activists who sued SpaceX and local authorities, claiming the beach closures required during tests and launches at Boca Chica violate the Texas constitution, have had their lawsuit reinstated by a higher state court after a lower court had dismissed it.

Texas’ 13th district court of appeals ruled in favor of SaveRGV, the Sierra Club and the Carrizo/Comecrudo Nation of Texas in suits alleging that a 2013 state law allowing beach closures for space flight activities goes against the Open Beaches Amendment to the Texas Constitution.

In July 2022, Cameron County’s 445th District Court dismissed the coalition’s lawsuit, saying the organizations lacked standing in their complaint against Texas Land Commissioner Dr. Dawn Buckingham, the Texas Land Office, Cameron County and Texas Attorney General Ken Paxton.

The appeals court reversed that decision Thursday, allowing the lawsuit to proceed.

The lawsuit still must be litigated, so these activists have not yet won their case. However, this decision might prevent further beach closures while the case plays out in the courts, which would essentially shut down any further tests or launches at Boca Chica. If so, it will not matter if the FAA finally finishes its paperwork and approves a third test launch of Starship/Superheavy later this month. The launch will not be possible.

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Update on Jared Isaacman’s upcoming Polaris Dawn manned mission

Link here. Bottom line is that they still hope to launch on a five day orbital mission in SpaceX’s Resilience Dragon capsule later this year, during which they will do the first privately funded non-government spacewalk.

Developing new spacworthy spacesuits remains the biggest task before the mission can fly.

In a series of social media updates on Friday and Saturday, Isaacman answered some questions from the public about the progression of the suit development and the mission overall. He stated that over the past week, they “spent a lot of time pressurized in the EVA suits working contingencies.”

Isaacman clarified as well that, unlike missions to the International Space Station chartered by either NASA or Axiom Space, the crew members of the Polaris Dawn mission won’t launch and land while wearing IVA suits. He said because they are limited with space on this flight, they will only have their EVA suits.

No launch date has yet been set.

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Voyager signs SpaceX’s Starship to launch its Starlab space station

Voyager Space, one of three commercial space stations being built in partnership with NASA, has awarded SpaceX the launch contract for putting its Starlab space station into orbit, using that company’s Superheavy/Starship rocket.

The companies did not disclose terms of the agreement or a projected launch date, although a spokesperson for Starlab Space said the company was confident that Starlab would be launched before the decommissioning of the International Space Station, currently scheduled for 2030.

Voyager is building Starlab in a joint partnership with Airbus and Northrop Grumman. The design is relatively simple though large (one main module and a service module), which makes Starship an excellent method for getting it into orbit.

SpaceX now has deals to launch two different space stations using Starship. The second is with the private company Vast, which is building its station completely independent from NASA. Starship also has won launch contracts from two different private citizens, as well as NASA.

It appears that Musk’s instincts were right on the money when he decided to build this rocket, even though when he proposed it there did not seem to be any customers for it.

Hat tip to BtB’s stringer Jay.

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Pentagon in discussions with SpaceX about buying a Starship outright for military missions

The Pentagon is negotiating with SpaceX the idea that in certain cases where it deems it legally necessary it will buy outright full ownership of a SpaceX Starship/Superheavy launch rocket in order to fly some military missions.

The idea is similar to how the Air Force moves cargo. At times, the service contracts with private carriers to deliver cargo, but for certain critical missions it uses service “gray tail” aircraft. In this hypothetical case, the military could take a Starship off the line for a specific mission and return it to SpaceX after it is complete.

I suspect such situations involve very risky wartime missions that carry liabilities that a private company cannot accept. The military takes over ownership, relieving the company of risk, and then returns ownership afterward. Such a plan requires the company to agree to it, and the military to pay extra for these temporary rights. According to the article at the link, SpaceX is presently exploring its options.

That the Pentagon is discussing this with SpaceX at all tells us that it sees Starship/Superheavy as having a lot of value. It wants to buy its services, one way or the other.

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