SpaceX’s Elon Musk said Thursday that the first orbital flight of his towering Starship — the world's most powerful rocket ever built — could come in another month or two.
While he anticipates failures, he’s confident Starship will reach orbit by the end of this year.
Musk provided his first major Starship update in more than two years while standing alongside the 390-foot (119-meter) rocket at SpaceX's Texas spaceport. He urged the nighttime crowd, “Let’s make this real!”
“This is really some wild stuff here,” he said. “In fact, hard to believe it's real.”
NASA plans to use the fully reusable Starship to land astronauts on the moon as early as 2025. Musk, meanwhile, hopes to deploy a fleet of Starships to create a city on Mars, hauling equipment and people there.
For now, the initial flights would carry Musk's internet satellites, called Starlinks, into orbit.
“There will probably be a few bumps in the road, but we want to iron those out with satellite missions and test missions” before putting people on board, he said.
SpaceX's Super Heavy first-stage booster has yet to blast off. But the futuristic, bullet-shaped, steel Starship — perched on top and serving as the upper stage — successfully launched and landed on its own last May, following a series of spectacular explosions. The rocketship soared more than 6 miles (10 kilometers).
SpaceX is awaiting approval from the Federal Aviation Administration before proceeding with Starship's next phase: going into orbit. Musk said he expects the go-ahead in March and that the rocket should be ready to fly by then as well. That would put the launch in the next couple of months, he added.
If the FAA demands more information about potential environmental impacts or lawsuits emerge, Musk said Starship launches could move to NASA's Kennedy Space Center in Florida. But that would delay the first orbital launch by more than half a year, he noted.
The full-size Starships are massive — taller than NASA's past and present moon rockets, with approximately double the liftoff thrust.
Besides Florida's Cape Canaveral and the southern tip of Texas near Boca Chica, Starships could ultimately launch from floating ocean platforms anywhere in the world, Musk said. He envisions Starships launching three times a day — “rapid reusability" — with refilling stations in space for the longer destinations like Mars. The first refilling test could happen by the end of next year, he said.
Musk estimates a Starship launch could wind up costing less than $10 million — maybe even just a few million dollars with a high flight rate, which would bring down prices. He called it “crazy low” and “ridiculously good” by current space standards.
Starship already has one private customer: a Japanese entrepreneur who has bought a flight around the moon and plans to take a dozen artists with him. Musk hinted there are others interested in buying trips, saying future announcements would be forthcoming.
Until now, SpaceX has relied on its much smaller Falcon rockets to launch satellites, as well as astronauts and cargo to the International Space Station for NASA. Its first private flight, purchased by a billionaire, was last September. Another is coming up at the end of March, this one to the space station with three businessmen who are paying $55 million apiece.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Markets closed higher Friday, with the S&P 500 notching a record close, even amid data this morning showing inflation rising at a fast pace. Jay Hatfield, CEO of Infrastructure Capital Advisors, joins Cheddar News' Closing Bell to discuss today's market close, why markets are shrugging off November's hot inflation data, how the Fed will take CPI into consideration, and more.
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Apple is on the verge of becoming the world's first publicly-traded $3 trillion company. The iPhone maker's stock needs to hit $182.86 to surpass the $3 trillion mark. CFRA Research senior industry analyst Angelo Zino joins Cheddar News' Closing Bell to discuss.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Blue Origin launched its third manned mission over the weekend with 'Good Morning America' host Michael Strahan and Laura Shepard Churchley, daughter of astronaut Alan Shepard on board, alongside several Blue Origin investors.
This comes after the spaceflight firm launched two successful missions to the edge of space earlier this year. How will these missions set up Blue Origin for success as it competes with SpaceX and other companies for space tourism domination and more? Joey Roulette, space reporter at The New York Times, joins Cheddar News' Closing Bell to discuss.
If there's any question about whether inflation is here to stay, today's November consumer price index data gives us an answer. This is the second month in a row we've seen a hot inflation reading — CPI last month rose to 6.8%, after jumping to 6.2% in October. Amid the holiday shopping season, what does this mean for consumers? And how will the Federal Reserve move forward after previously announcing it would speed up its asset taper timeline? Art Hogan, Chief Market Strategist at National Securities, joins Cheddar News' Closing Bell to discuss November's CPI jump, where consumers are hurting the most, what the Fed could do to help ease inflation, and more.