Musk: Starlink to go public once operational

Capitalism in space: According to a tweet by SpaceX founder Elon Musk, once the Starlink internet satellite constellation is operational and has a “reasonable well” cash flow it will issue and IPO and become a publicly traded stock.

“SpaceX needs to pass through a deep chasm of negative cash flow over the next year or so to make Starlink financially viable,” Musk wrote in another tweet. “Every new satellite constellation in history has gone bankrupt. We hope to be the first that does not.”

Based on the company’s pace of launching satellites and rolling out service, this moment could occur as early as late this year. More likely it will occur in mid-22.

I would also expect that stock to quickly rise in value, and based on the history of all of Musk’s companies, will continue to rise thereafter. Expect also that a significant portion of the investment capital that Starlink will raise will be used to finance the development of Starship and Super Heavy, because Starlink will need that larger rocket to maintain its satellite constellation.

Starlink now has over 10,000 users

Capitalism in space: SpaceX revealed yesterday that its Starlink internet constellation now has over 10,000 users in both the U.S. and elsewhere.

The update on Starlink’s customer base came in a petition to the FCC, with SpaceX asking that Starlink be designated an “Eligible Telecommunications Carrier” or ETC. The company noted that receiving this designation is necessary for Starlink to provide service to regions in “Alabama, Connecticut, New Hampshire, New York, Tennessee, Virginia and West Virginia.”

SpaceX was awarded access to those regions under the FCC’s Rural Digital Opportunities Fund, an auction to bring broadband services to rural areas. The FCC in December awarded SpaceX with nearly $900 million in federal subsidies in the first phase of the auction.

“Designating Starlink Services as an ETC is in the public interest because it will enable the company to receive support that will facilitate rapid deployment of broadband and voice service to the Service Areas at speeds and latency comparable to terrestrial systems in urban locations,” SpaceX wrote in the filing on Thursday.

One of my readers, Steve Golson, emailed me yesterday to tell me he is one of those rural customers, as he is located in Maine.

We are at latitude 43.2°N which was too far south for their early beta program, but they’ve just opened it up to us. I signed up back in June 2020, when the Starlink beta signup first went live. Yesterday I received this email:

“Starlink is now available in limited supply in your service area. … Availability is limited so orders must be completed within 15 minutes of landing on the order page. If you are not able to order at this time, the Starlink team will continue to send updates as more capacity becomes available.”

I ordered right away, and I was notified that the dish shipped today, with delivery late next week by FedEx Ground. Cost is $500 for the dish, WiFi router, power supply, cables, mounting tripod. Monthy cost is $99. That’s the beta cost, but I suspect their final costs will be similar.

Now I’m getting a roof mount ready. You *really* need an unobstructed view of the whole sky. The very cool Starlink app (iOS and Android) shows you how much of your sky needs to be unobstructed.

He promises to give further updates as his service rolls out.

SpaceX competitors lobbying to kill FCC subsidy for Starlink

A lobbying effort instigated by some of SpaceX competitors in the rural internet service business is now working to kill the $886 million subsidy the FCC had awarded the company for developing its Starlink internet constellation.

The losers in the awards process apparently are teaming up with the Democrats to challenge all the awards, with SpaceX their main target.

The [award to SpaceX was] made when Trump administration appointees still controlled the FCC and now the agency is led by Biden appointees who could cut off applicants it considers dubious. Last month, 160 House and Senate members urged the FCC to scrutinize recipients, in part because network construction takes time. “We fear that we will not know whether funds were improperly spent for years to come,” said the lawmakers.

There is a “a need for proper upfront assessment,” Representative Jim Clyburn, of South Carolina, the No. 3 House Democrat, said in an email. He said many applicants claim to be able to deliver faster service to new customers than they are delivering to current subscribers.

This is a fight for government hand-outs, period. The losers are now using political pressure to change the decision. And since the Democrats generally hate SpaceX (and Elon Musk) because it is so successful at actually achieving what it sets out to do, they are glad to help them. Not only will it bring these politicians campaign donations (called bribes if you are honest), it will destroy the one space company that is proving that capitalism and freedom works.

From my perspective, no one, including SpaceX, should get these funds. SpaceX is proving they aren’t necessary to get the job done (bringing fast internet service to rural communities). Moreover, the federal government really doesn’t have the cash, deep in debt as it is.

But then, my perspective is now considered quaint, even “raaaaaaacist”, in our modern corrupt Marxist society.

SpaceX launches another 60 Starlink satellites

Capitalism in space: SpaceX tonight successfully launched another 60 Starlink satellites using its Falcon 9 rocket.

The first stage completed its fifth flight, landing successfully on the drone ship in the Atlantic. Both fairings were also used.

The 2021 launch race:

4 SpaceX
2 China
1 Rocket Lab
1 Virgin Orbit
1 Russia

The U.S. now leads China 6 to 2 in the national rankings. SpaceX had planned another launch later this morning, but they have delayed that launch one day until tomorrow.

SpaceX and Amazon in cat-fight over internet satellite constellations

Capitalism in space: Even as SpaceX is rolling out the internet service from its growing Starlink satellite constellation while Amazon’s own Kuiper constellation languishes in development, the two companies are in a battle over the orbits of their respective constellations.

SpaceX CEO Elon Musk took to Twitter on Tuesday, as his company works to persuade Federal Communications Commission officials that it should allow SpaceX to move some of its Starlink satellites to lower altitudes than originally planned.

Jeff Bezos’ Amazon has been among companies that have disputed SpaceX’s request, on the grounds that the modification would interfere with other satellites.

“It does not serve the public to hamstring Starlink today for an Amazon satellite system that is at best several years away from operation,” Musk said in a tweet.

Amazon responded to Musk’s comment in a statement to CNBC. “The facts are simple. We designed the Kuiper System to avoid interference with Starlink, and now SpaceX wants to change the design of its system. Those changes not only create a more dangerous environment for collisions in space, but they also increase radio interference for customers. Despite what SpaceX posts on Twitter, it is SpaceX’s proposed changes that would hamstring competition among satellite systems. It is clearly in SpaceX’s interest to smother competition in the cradle if they can, but it is certainly not in the public’s interest,” an Amazon spokesperson said.

SpaceX in its own response to the FCC has noted “that Amazon representatives have had ’30 meetings to oppose SpaceX’ but ‘no meetings to authorize its own system,’ arguing that the technology giant is attempting ‘to stifle competition.'”

Both companies appear to have a point. Amazon is planning its system under an agreed-to arrangement where its orbits would not conflict with SpaceX’s. To permit SpaceX to change the deal and expand its orbital territory into Amazon’s threatens their system.

At the same time, that Amazon has been so slow to launch its system is something the FCC will not take kindly to. Companies get FCC licensing approval on the condition that they deliver within a certain time frame. Amazon appears to be taking a bit too much time, and SpaceX is trying to take advantage of this fact.

I suspect the FCC will deny SpaceX’s request, but will also tell Amazon that it had better start launching its satellites soon, or else the FCC will change its mind and give SpaceX that orbital territory.

Overall, the slowness of Amazon to launch Kuiper seems to fit the operational pace of Jeff Bezos’ other space company, Blue Origin. Lots of talk, but relatively little action. At some point the talk has to stop and Bezos’ companies have got to start delivering.

SpaceX and Rocket Lab complete launches

Capitalism in space: Two successfully launches this morning.

First Rocket Lab used its Electron rocket to launch a German cubesat thought to be a prototype for a Chinese communications constellation, though no information has been publicly released. No recovery attempts were made on the rocket’s first stage.

Then SpaceX successfully completed its 17th Starlink launch and second launch in 2021. This puts about 950 Starlink satellites in orbit. The booster for this flight landed on the drone ship, completing its record eighth flight.

The 2021 launch race:

2 SpaceX
1 Virgin Orbit
1 China
1 Rocket Lab

The U.S. now leads China 4 to 1 in the national rankings.

Starlink begins rollout in United Kingdom; blocked in Russia

Capitalism in space: SpaceX’s Starlink internet service has now begun providing its service in the United Kingdom, following approval by the government there.

Because the British government is now also an owner of Starlink’s direct competitor, OneWeb, this creates an interesting conflict of interest that fortunately has so far not impeded SpaceX. We shall have to see whether this changes with time.

Meanwhile, in Russia a similar conflict of interest has resulted in some government action against Starlink.

Russia’s legislative body, the State Duma, is considering fines for individuals and companies in the country that use Western-based satellite Internet services. The proposed law seeks to prevent accessing the Internet by means of SpaceX’s Starlink service, OneWeb, or other non-Russian satellite constellations under development.

…In the Russian-language article, translated for Ars by Robinson Mitchell, members of the Duma assert that accessing the Internet independently would bypass the country’s System of Operational Search Measures, which monitors Internet use and mobile communications. As part of the country’s tight control on media and communications, all Russian Internet traffic must pass through a Russian communications provider.

It is not surprising that Russia would take steps to block Starlink service—the country’s space chief, Dmitry Rogozin, views SpaceX as a chief rival in spaceflight. Rogozin has been critical of both NASA and the US Department of Defense for subsidizing SpaceX through government contracts. (While it is true that SpaceX has received launch contracts from the US government worth several billion dollars, it has also provided launch services at a significant discount compared to other providers.) More recently Rogozin has said Starlink is little more than a scheme to provide US Special Forces with uninterrupted communications.

That the legislation is also aimed at blocking OneWeb however is strange, considering that OneWeb is quite literally Rogozin’s only remaining commercial customer for Roscosmos’s launch services.

In the end, such laws will only end up doing more damage to Russia than to SpaceX. When you don’t allow competition you basically don’t allow any achievements at all. Russia will sink into a second-class status, not because its people are second-class but because its government is.

Tragically it appears the U.S. federal government is now in a race with Russia to the bottom.

SpaceX in preliminary negotiations for another big fundraising round

Capitalism in space: According to this report, SpaceX is now in preliminary negotiations with investors prior to beginning another big fundraising round, even though the company just raised $1.9 billion in private investment capital in August.

The talks are still in early phases, and exact pricing for the fundraising round has not yet been determined, one of the people said. Terms could still change, and it could take several weeks to decide and firm up allocations, the person added. SpaceX also may not be able to convince investors to give it the lofty valuation it desires. Allocations refer to which investors will be authorized to buy shares and how much they will pay for those shares.

“It’s a pretty big shock to me, honestly,” one of the people said. “What company jumps to double its valuation in six months? I don’t care at what scale you’re operating, it’s kind of crazy,” they added. “If you look at the series, every single valuation is a 10 to 20% bump.”

It appears that the company is trying to leverage its successes with Dragon, Starship, and Starlink to obtain more funding. The story also suggests that SpaceX now has a better sense of what it will cost to get Starship built, and thus is looking to obtain those funds now, when they are in a good position to get them.

Starlink dark coating reduces reflectivity by half

Astronomers in Japan have now confirmed that the dark coating SpaceX has been putting on its more recent Starlink satellites has successfully reduced their reflectivity by half.

They looked at the satellites across a range of wavelengths.

Observations conducted from April to June 2020 revealed for the first time in the world that artificial satellites, whether coated or not, are more visible at longer wavelengths, and that the black coating can halve the level of surface reflectivity of satellites. Such surface treatment is expected to reduce the negative impacts on astronomical observations.

Knowing this detail will allow commercial satellite companies such as SpaceX to further refine their coatings to better hide their satellites from ground-based telescopes.

While good news, it doesn’t change the fundamental lesson that astronomers need to learn. They must move their telescopes off the Earth and into space. In the long run ground-based astronomy is a dead-end.

SpaceX’s Starlink constellation wins $885 million in federal subsidies

Capitalism in space: In awarding $9.2 billion in subsidies to providers of rural high-speed internet to rural customers, the FCC gave $885 million of this allocation to SpaceX’s Starlink constellation.

SpaceX was not the biggest beneficiary, however.

Most of the RDOF Phase I subsidies are going to terrestrial broadband service providers, led by LTD Broadband with an award of $1.32 billion. CCO Holdings, a subsidiary of Charter Communications, is due to serve 1.05 million sites around the country, leading the list for that metric.

The FCC said 85% of the 5.2 million sites to be served would get gigabit-speed broadband. SpaceX is due to serve nearly 643,000 sites with download speeds of 100 megabits per second or more.

Regardless of its good intentions, this distribution of federal cash sickens me. These companies don’t need it to do what they are doing, and are all sure to make plenty of profit without it. The federal government meanwhile is trillions in debt. It has to print money to give this away, something that is not going to go well in the long run.

SpaceX sets numerous launch records in placing 60 more Starlink satellites in orbit

Falcon 9 booster landing for a record 7th time

Capitalism in space: SpaceX tonight broke a whole bunch of new launch records in launching another sixty Starlink satellites into orbit using its Falcon 9 rocket.

First, the leaders in the 2020 launch race:

31 China
22 SpaceX
12 Russia
5 ULA
5 Rocket Lab

The US now leads China 35 to 31 in the national rankings.

For SpaceX, this launch established the following landmarks for the company:
» Read more

Canada’s government approves Starlink service

Capitalism in space: Canada’s government yesterday announced that it has given final approval to SpaceX’s Starlink internet service to offer those services in that country.

More here.

This final approval came from the Innovation, Science and Economic Development Canada (ISED) agency, which appears designed to protect Canadian businesses from foreign competition. It had appeared initially that they had been stalling giving their approval (maybe for political reasons). The delay however could simply have been the slowness of operation which is typical of such government bureaucracies. As noted at the first link above, however “Clearly, the government heard the demand from consumers to get this service approved.” And since there are no Canadian companies that can offer this service, it was absurd not to okay SpaceX’s operation.

This approval means that Starlink is now posed to begin commercial operations, actually selling its internet service to the public, and doing it ahead of its primary competitor, OneWeb. Considering that OneWeb had started development and satellite launching first, this achievement illustrates again SpaceX’s nimble and fast approach to business. The company does not waste time in anything it does. It might not meet all of its scheduling goals, but not for want of trying.

SpaceX has already been offering the service in its test market in the northern U.S. for the price of $99 per month plus an initial fee of $499 for equipment, with the initial user reports very positive.

Initial price for Starlink: $99 per month?

According to a CNBC article today, SpaceX is now offering a beta version of its Starlink internet service to customers as the price of $99 per month, plus a $499 charge for equipment.

SpaceX is expanding the beta test of its Starlink satellite internet service, reaching out via email on Monday to people who expressed interest in signing up for the service.

Called the “Better Than Nothing Beta” test, according to multiple screenshots of the email seen by CNBC, initial Starlink service is priced at $99 a month – plus a $499 upfront cost to order the Starlink Kit. That kit includes a user terminal to connect to the satellites, a mounting tripod and a wifi router. There is also now a Starlink app listed by SpaceX on the Google Play and Apple iOS app stores.

“As you can tell from the title, we are trying to lower your initial expectations,” the emails said, signed Starlink Team. “Expect to see data speeds vary from 50Mb/s to 150Mb/s and latency from 20ms to 40ms over the next several months as we enhance the Starlink system. There will also be brief periods of no connectivity at all.”

SpaceX did not confirm this story with CNBC. If it is real, the price is disappointingly high, and might very well limit Starlink’s potential. Then again, this is only the beta version. Later versions when under full operation and available to many more customers might bring that price down.

SpaceX launches 60 more Starlink satellites

Capitalism in space: SpaceX today successfully launched another sixty Starlink satellites, bringing the total in orbit to over 800.

The company also recovered the first stage, completing its third flight. The fairings were to be picked up in the ocean, rather than caught in a ship’s net, as the last launch one fairing broke the net. SpaceX engineers might have determined ocean recovery is now safer and sufficient for reuse.

This was also the company’s 100th successful launch and its 63rd successful first stage recovery.

The leaders in the 2020 launch race:

26 China
18 SpaceX
11 Russia
4 ULA
4 Europe (Arianespace)

The U.S. now leads China 28 to 26 in the national rankings.

SpaceX wins partial approval to provide Starlink service in Canada

Capitalism in space: Though SpaceX has obtained permission to provide its Starlink internet service from Canada’s Radio-television and Telecommunications Commission, similar to the U.S.’s FCC, it still has not gotten full government approval to begin offering its service to customers.

It appears a different Canadian regulatory body, dubbed Innovation, Science and Economic Development Canada (ISED), has still not given its okay of the “satellite spectrum” SpaceX requires. From the second link:

SpaceQ had previously contacted ISED in June about SpaceX. ISED wouldn’t comment directly on any application, but did tell SpaceQ that the applications and approved website pages were up to date at that time. The website had last been updated in May. Since then, the website was updated in July. And yet there’s still no mention of SpaceX. It’s my understanding that the specific pages with applications and approvals is updated pretty quickly when there is new information to post. Though it took 3 weeks for changes to appear after Kepler submitted their application in June of this year.

With respect to how long it takes to get approval, ISED said the “service standard for the processing of satellite applications, including for those for foreign satellites, is 130 calendar days.” It’s quite possible that it could take longer.

This description carries all the hallmarks of a typical government bureaucracy whose only purpose is to block new companies and new technology. The political swamp of Canada might also be using it as a means of extortion for campaign funds from SpaceX. “Nice business you got there. Sure would be a shame if it didn’t get that license approval.”

I don’t think SpaceX needs to bow to these games. In the end ISED will back down and give approval, especially when the company begins offering its services just over the border in the U.S. The competitive and political pressure to give its okay will then be too great.

SpaceX launches another 60 Starlink satellites

Capitalism in space: SpaceX today successfully launched another 60 Starlink satellites, raising the constellation to more than 800 satellites.

The first stage successfully landed, for the sixth time, on a drone ship. The company also recovered both fairings, which were making their third flight. With one fairing’s recovery however the net broke on the ship, which might have damaged it this time.

The leaders in the 2020 launch race:

26 China
17 SpaceX
11 Russia
4 ULA
4 Europe (Arianespace)

The U.S. had regained the lead over China, 27 to 26, in the national rankings.

Musk: Starlink about to roll out commercial service

Capitalism in space: With the launch earlier this week of another 60 Starlink satellites, Elon Musk has revealed that they now have enough satellites in orbit to soon begin commercial operations.

After yesterday’s launch of 60 Starlink satellites, SpaceX CEO Elon Musk wrote on Twitter that “[o]nce these satellites reach their target position, we will be able to roll out a fairly wide public beta in northern US & hopefully southern Canada. Other countries to follow as soon as we receive regulatory approval.”

Musk did not say when the satellites will reach their target position. SpaceX has over 700 satellites in orbit after yesterday’s launch.

It will like take a few months to get these satellites into position. Regardless, the speed at which SpaceX operates once again has put them ahead of their competitors. OneWeb, the only other similar constellation with satellites in orbit, was once far ahead of SpaceX but has been stalled as it recovers from bankruptcy. Amazon’s Kuiper satellite constellation is so far only a proposal, and like most everything else the company said it would build, has moved forward with the speed of a glacier.

Radio astronomers claim negative impact from satellite constellations

Put them on the Moon! Radio astronomers have released a paper claiming that the coming large communication satellite constellations, such as Starlink and OneWeb, will seriously impact observations with the Square Kilometer Array (SKA) of radio telescopes being built in the remote western outback of Australia.

Saturation of the instruments: very strong interfering signals can saturate the receiver systems and thereby drown out all other signals seen by the Band 5b receivers. As a consequence, all data in that frequency band would be lost, rendering these receivers useless for a portion of the time. For the first phase of the constellation deployments (about 6,400 satellites in total), saturation is predicted to occur for a few percent of the time assuming there is no direct illumination of the dishes by the satellites. For significantly larger constellation sizes (up to more than 100,000 satellites), saturation would be essentially continuous without significant mitigation measures implemented by the satellite operators.

Based on this conclusion, the astronomers estimate that for observations in this particular band they will need to look about 70% longer to get the same data, thereby cutting the number of observations by about half.

The astronomers propose this solution:

One of these mitigation techniques is for the satellite transmitters not to point their beams near the SKAO dishes. SKAO would require operators to steer their satellites’ beams away from the telescope site, a measure which would require a simple software modification with no repercussion on the constellation’s deployment, positioning or hardware. While a cost-effective implementation of this solution does depend on the hardware and software deployed on the satellites, operators already use this technique to comply with international regulations when their satellites cross the path between geostationary satellites in higher orbit and their receiving ground stations, for example to avoid affecting telecommunications and TV transmissions.

This mitigation could reduce the impact on the SKA by a factor of 10 over that noted previously and result in a 7% increase of integration time for SKA observations within the satellite transmission range 4. While any loss of sensitivity is regrettable, SKAO recognises the need for compromise between the competing scientific and commercial drivers.

The solution seems reasonable, but in truth it is only a temporary one. The permanent and smart solution for the astronomical community is to move their telescopes, in all wavelengths, off the Earth. For radio astronomy the far side of the Moon would be ideal.

And with SpaceX now developing a reusable big rocket, Starship, to put such payloads in orbit at low cost, the astronomers need to start thinking about taking advantage of this engineering. The situation for ground-based astronomer will only get worse.

SpaceX launches another 60 Starlink satellites

After a number of weather delays, SpaceX this morning finally launched another 60 Starlink satellites into orbit, using its Falcon 9 rocket.

They also successfully landed the 1st stage, on its third flight, the 61st time they have done this. One fairing half was also making its third flight, and was also recovered. I have embedded the live stream of the launch below the fold.

The leaders in the 2020 launch race:

25 China
16 SpaceX
10 Russia
4 ULA
4 Europe (Arianespace)

The U.S. has retaken the lead from China, 26 to 25, in the national rankings.
» Read more

The first Starlink user test results

Capitalism in space: The first Starlink test results by actual users are finally coming out, and they suggest that the constellation will deliver very fast internet speeds indeed.

The article however reveals this tidbit that up until now SpaceX has managed to keep nicely obscured:

While Starlink will provide the kind of speeds and latency that should work for many services and games, Musk said the company simply won’t have the capacity to compete in major metro markets—a caveat often left unmentioned in Starlink coverage. “It’s not good for high-density situations,” Musk said. “We’ll have some small number of customers in LA. But we can’t do a lot of customers in LA because the bandwidth per cell is simply not high enough.”

As a result, Starlink won’t do much for the estimated 83 million Americans stuck under a broadband monopoly (usually Comcast), or the millions more whose only options are a duopoly; usually either the cable company or a sluggish DSL line from the local phone company.

In other words, the service will likely not be made available in dense urban areas, at least not initially.

Delta 4 Heavy launch scrubbed

Tonight’s launch of ULA’s Delta 4 Heavy was scrubbed due to a variety of technical problems. They have not set a new launch time, though they say they are aiming for the early morning hours of August 28.

This was to have been the first of four American launches in the next four days. The next, a Falcon 9 launch of an Argentinian radar Earth observation satellite, was scheduled for tomorrow, August 27th, at 7:19 pm (Eastern). No word on whether it is going forward as planned, though it might be since the ULA launch has shifted after it, to August 28th.

The third, by Rocket Lab, is presently scheduled also for August 28rd at 11:05 pm (Eastern), launching out of New Zealand.

The fourth, another SpaceX launch of more Starlink satellites, had been scheduled for 10:30 am (Eastern) on August 29th. Once again, this schedule could change due to tonight’s ULA scrub.

Stay tuned. I suspect all three companies are going to aggressively work to get all four launches off as fast as possible, even if not exactly as presently scheduled.

SpaceX launches three commercial plus more Starlink satellites

Capitalism in space: SpaceX today successfully launched three commercial Earth reconnaissance satellites plus another 58 Starlink satellites.

They have now put 653 Starlink satellites into orbit.

The first stage, which was flying a record sixth time, successfully landed on its platform in the Atlantic. They also caught one of the fairing halves, and are retrieving the second half out of the ocean. Both fairings were also reused.

The leaders in the 2020 launch race:

19 China
13 SpaceX
9 Russia
4 ULA

The U.S. now leads China 21 to 19 in the national rankings.

SpaceX ups fund-raising effort from one to two billion

Capitalism in space: SpaceX has apparently raised $2 billion during an on-going investment capital round, double what the company had initially expected.

This means that SpaceX has now raised $4 billion in private investment in the last year, the bulk of which the company says it is devoting to Starship. However, they have also said that for this most recent round some of the monies will go to making their Starlink satellite internet constellation operational. With 595 satellites already in orbit, and good testing ongoing, it appears a lot of investors want to get in on the game.

SpaceX launches more Starlink satellites

Capitalism in space: SpaceX tonight successfully put two commercial satellites for another customer plus another 57 of its own Starlink satellites into orbit, using a Falcon 9 rocket that was reusing a first stage flying for the fifth time.

This brings the total number of Starlink satellites now in orbit to 595. They also successfully landed the first stage, making it now available for a sixth flight.

19 China
12 SpaceX
9 Russia
4 ULA

The U.S. has retaken the lead from China in the national rankings, 20 to 19.

SpaceX to raise another billion in private investment capital

Capitalism in space: SpaceX is now in the process of raising another billion dollars in private investment capital in order to fund both its Starlink and Starship projects.

Space Exploration Technologies, Elon Musk’s reusable rocket venture, is in talks to raise $1 billion in series N funding at a valuation of $44 billion, according to documents reviewed by CNBC. SpaceX plans to use the funding to make its Starlink satellite broadband service operational, and to conduct suborbital and orbital test flights of its Starship and SuperHeavy booster launch vehicle.

Up to now SpaceX has raised just under $2 billion in private capital, which they had said was devoted solely to developing Starship. The company had also said that it was developing Starlink with in-house funds. It appears that — having gotten almost 400 satellites in orbit (with many more coming) — they are now willing to seek outside help to make the Starlink system operational, because this situation allows SpaceX to negotiate the best deal with any investor.

It must also be emphasized that SpaceX is developing Starship/Super Heavy entirely from private funds, not government subsidies. This lack of government funds also means a lack of government oversight, which gives SpaceX complete freedom during development. Government oversight would only slow things down and likely prevent the company from innovating.

Instead, it is free to build the first completely reuseable rocket that also happens to be as powerful as a Saturn 5. And it will do it for less total than NASA has and will spend each year on SLS, for more than twenty years.

SpaceX’s reusable first stages and their dramatic impact on the bottom line

This article by Eric Berger at Ars Technica outlining the status of SpaceX’s fleet of reusable first stages contained this incredible fact:

On May 11, 2018, the company launched the first of its new “Block 5” version of its Falcon 9 rocket. This new version of the first stage incorporated all of the company’s previous performance upgrades to the Falcon 9 rocket while also maximizing its reuse. It worked—SpaceX has now flown two different Falcon 9 cores five times, and it may fly a first stage for the sixth time later this summer.

The success of the Block 5 rocket means that SpaceX has had to devote less time and resources to building Falcon 9 first stages. Since May 2018, it has launched 31 times on a Block 5 version of the Falcon 9 rocket—while using just 10 cores. Put another way, reuse has saved SpaceX the cost of 189 Merlin rocket engines, dozens of fuel tanks, and many complex avionics systems. [emphasis mine]

That is a lot of cost savings, which the company is not only using to cut its prices but also to reduce the cost of its Starlink launches. It appears SpaceX wants those launches, as much as possible, to use reused boosters in order to lower the overall cost of getting that internet constellation into orbit. This in turn will make it possible for them to charge less for the service, once they begin offering it.

Successful SpaceX launch

Falcon 9 shortly after launch

Capitalism in space: SpaceX tonight successfully launched 58 Starlink satellites as well as three Planet earth observation satellites. The image to the right looks up at the exhaust from the nine firing Merlin engines of Falcon 9 rocket, about two minutes after launch.

That first stage also successfully landed, the third time this stage has completed a launch. The fairing halves were also reused.

The leaders in the 2020 launch race:

11 China
9 SpaceX
7 Russia
3 ULA

The U.S. now leads China 15 to 11 in the national rankings.

A detailed update on SpaceX’s Starlink satellite constellation

Link here. With yesterday’s launch, SpaceX now has put 420 satellites in orbit.

In a recent interview with Aviation Week, SpaceX President Gwynne Shotwell said that they should begin beta testing the network this year and would want to complete around 14 launches before publicly promoting Starlink service. That could allow service to begin as soon as early 2021 depending on how fast launches can be performed.

In a recent ITU filing, SpaceX laid out a very aggressive schedule for continuing the Starlink deployment, with 13 launches in the May to September time period. This schedule is likely to spread out a bit as they run into normal launch cadence issues such as weather, range coordination, booster recovery operations, and booster refurbishment.

The first launch in that group (June 3 in Florida) has been delayed nearly a month for the above reasons. Regardless of exactly how long those launches end up taking, Ms. Shotwell’s comments indicate SpaceX doesn’t think satellite production will be a gating factor for their deployments in the near future.

An interesting feature of the schedule is that after this frenzy of launches, there would be a gap with only one launch in four months, followed by a period of twice-monthly launches to finish out the initial 1584 satellite shell of the constellation. SpaceX may have options to make changes to the satellites during that pause in the deployments, such as adding the optical inter-satellite links that have been mentioned as debuting later in 2020.

The article then provides a great deal of information about the system’s design and status for beginning operations in the U.S. Well worth a close read.

Live feed of tonight’s SpaceX Falcon 9 Starlink launch

UPDATE: A successfully launch, with a successful landing of the first stage, the fifth time this particular stage has completed a mission.

10 China
8 SpaceX
7 Russia
3 ULA

The U.S. now leads China 13 to 10 in the national rankings.

Original post:
——————————
Since there was such a positive response to the embedded live feed of SpaceX’s first manned Dragon launch a few days go, I’ve decided to embed below the live feed of their next launch tonight of 60 Starlink satellites. The launch is set for 9:25 pm (Eastern), with the live feed starting fifteen minutes before that.

Enjoy. Watching that first stage land never gets old.

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