SpaceX leases bigger space at LA port for processing Falcon 9 boosters after launch

Capitalism in space: According to the mayor of Los Angeles, SpaceX has signed a new lease for more space at the city’s port, taking over the facilities no longer used by Sea Launch’s floating launch platform that is now in Russia.

News of the port lease broke on April 26th with a tweet from the mayor of Long Beach, California after the Port of Long Beach (POLB) Commission voted to approve SpaceX’s 24-month sublease with an effective start date of May 1st, 2021. From 2014 to 2020, a massive floating rocket launch complex and associated service ships once used by SeaLaunch called POLB’s Pier 16 home while mothballed and the company left behind a decent amount of infrastructure when it vacated the facility last year.

That includes a ~5600 square meter (~65,000 sq ft) warehouse and office space formerly used to process SeaLaunch payloads and Ukrainian Zenit rockets, as well as a pier and dock space generally optimized for loading and unloading large rockets from rocket transport ships. In other words, Pier 16 is a perfect fit for SpaceX’s needs.

SpaceX has twice before signed similar leases and then canceled them. Now it appears the deal is more firm, as the company appears to be gearing up for regular Starlink satellite launches from Vandenberg, requiring a bigger need in LA for processing Falcon 9 first stage boosters after launch.

I wonder too if this deal might be in connection with Starship and the two used floating oil rigs that SpaceX now owns and is refitting as Superheavy/Starship launch and landing pads. This LA facility would be ideal for these ocean platforms before and after launch.

SpaceX wins competition to build Artemis manned lunar lander, using Starship

Starship prototype #8 on first flight test
Starship prototype #8 on its first flight test,
December 2020

Capitalism in space: NASA has just announced that it has chosen SpaceX to build the Artemis manned lunar lander, using Starship.

The award, a $2.9 billion fixed price contract, also requires SpaceX to complete an unmanned demo lunar landing with Starship that also returns to Earth, before it lands NASA astronauts on the Moon. The contract also still retains the goal to get this to happen by 2024, though NASA official emphasized that they will only launch when ready.

After these flights the agency says it will open bidding again to the entire industry, which means that others are now being challenged to come up with something that can beat SpaceX in the future.

Nonetheless, the contract award was a surprise, as NASA originally intended to pick two teams to provide redundancy and encourage competition. Instead, the agency completely bypassed lunar landers proposed by Dynetics and a team led by Blue Origin that included Lockheed Martin and Draper.

Even more significantly, though NASA explained in the telecon that they still plan to use SLS and Orion to bring astronauts to Gateway, who will then be picked up by Starship for the landing, this decision is a major rejection of the Space Launch System (SLS), since Starship will not use it to get to the Moon, while the other two landers required it.

In fact, this decision practically makes SLS unnecessary in the Artemis program, as NASA has also awarded SpaceX the contract for supplying cargo to the Lunar Gateway station as well as launching its first two modules, using Dragon capsules and Falcon Heavy. SLS is still slated to launch Orion to Gateway, but Starship can replace Orion as well, since Starship is being designed to carry people from Earth to the Moon. This makes SLS and Orion essentially unneeded, easily abandoned once Starship starts flying.

NASA’s decision also means the Biden administration is willing to use its clout to push for Starship over SLS in Congress, which has favored SLS for years because of the pork it brings to their states and congressional districts. They apparently think that Congress is now ready to risk the end of SLS if it comes with a new program that actually accomplishes something. These developments firmly confirm my sense from February that the political winds are bending away from SLS.

This decision is also a major blow to Blue Origin and the older big space companies that Jeff Bezos’ company partnered with. Their dependence on the very costly and cumbersome SLS rocket meant that their ability to launch on a schedule and cost desired by NASA was severely limited. NASA looked at the numbers, and decided the time was right to go with a more radical system. As was noted by one NASA official during the press teleconference, “NASA is now more open to innovation.”

Based on the details announced during the announcement, NASA was especially drawn to Starship’s payload capability to bring a large payload to the Moon, at the same time it brings humans there as well. It also appears SpaceX’s recent track record of success also added weight to their bid.

SpaceX raises another $1.16 billion in private capital

Capitalism in space: In a regulatory filing yesterday SpaceX revealed that it raised another $1.16 billion in private investment capital in just the past two months.

This follows two other recent financing rounds since August of last year in which SpaceX raised almost $3 billion. That makes $4 billion raised in eight months. All told, I think this brings the total private investment capital SpaceX has raised in the past two years to approximately $6 billion, all for building both the Starlink satellite constellation and the Starship/Superheavy rocket.

Not only does this give SpaceX ample cash to build both, it signals the growing faith big money investors have in the company’s plans. They have bought into Elon Musk’s dreams because he has proven that his dreams deliver, not only in exciting space ventures but in profits.

This fund-raising success also tells us that even if Starship does not reach orbit before SLS, it will very soon eclipse it entirely. It has the money now to get built, and the way SpaceX builds things, it will get built fast.

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