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.
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The major markets took a breather Tuesday, with the Dow, S&P, Nasdaq, and Russell 2000 all finishing lower after notching record closes on Monday. Rhys Williams, Chief Strategist at Spouting Rock Asset Management, joins Cheddar News' Closing Bell, where he provides his biggest takeaways from the day's activity.
As major social media and tech companies like Facebook and Microsoft announce plans for metaverse technology, chipmakers like Nvidia, AMD, Intel, and more stand to benefit as the technology rolls out and evolves. But who will take the lead and benefit the most? Paul Meeks, Portfolio Manager at Independent Solutions Wealth Management, joins Cheddar News' Closing Bell to discuss the metaverse chipmaker race, who could come out on top, the timeline of how this sector will heat up, and more.
Jason Moser, Senior Analyst at The Motley Fool, breaks down AMC's third quarter earnings and discusses the future of the theater chain despite low ticket sales.
IBM's spinoff, Kyndryl, is officially an independent public company. The $19 billion business is now listed on the NYSE under the ticker KD, becoming one of the largest players in the IT services market. David Wyshner, CFO of Kyndryl, joined Cheddar to discuss what this milestone means for the company moving forward.
Emma Searson, an author on the just-released Renewables on the Rise report and the director, 100% Renewable Campaign at Environment America, joined Cheddar to discuss the rapidly growing renewable energy sector. Between 2011 and 2020, the report shows that wind, solar, and geothermal energy production grew about 15 percent annually and that wind and solar alone account for 11 percent of electricity in the country. "There are a few really important drivers of the renewable energy progress that we're seeing all across the country," Searson said, highlighting falling prices, technology improvements, and supportive policies.
Wendy O, host of 'The O Show' joins Cheddar News to discuss the recent rally from cryptocurrency, Ether. She also discussed incoming New York City mayor Eric Adams wanting to teach kids crypto in schools.
Professional sports is facing a reckoning right now over several stories painting an ugly picture of a toxic work environment, encompassing multiple teams in multiple leagues and dealing with different issues.
This week, the NHL's Chicago Blackhawks ousted their general manager and senior director of hockey operations after an investigation confirmed former player Kyle Beach's claims that the team's former video coach Brad Aldrich sexual assaulted him back in 2010, with upper management ignoring his claims until after the team won the Stanley Cup that season. Last night, Joel Quenneville, now the coach of the Florida Panthers but Chicago's coach that season, stepped down from his post.
This comes just a few weeks after the NFL was rocked by leaked emails showing now-former Las Vegas Raiders Head Coach Jon Gruden using racist, sexist and homophobic language. He resigned soon after the emails came to light. We can't forget, though, that those emails come from a much broader investigation of the toxic work environment in the offices of the Washington Football Team. NFL Commissioner Roger Goodell said this week the league wouldn't publicly release anything from its investigation of the team, but lawyers for many of the women interviewed in the case say they want a public report.
And last January, just one month after hiring him, the New York Mets had to fire then-General manager Jared Porter, who admitted to sending explicit, unsolicited texts and images to a female reporter in 2016 when he worked for the Chicago Cubs. ESPN had been in possession of the texts since 2017, but the woman in question asked the network not to run the story out of fear her career would be harmed. She only reached back out to ESPN after she left the field of journalism altogether. Porter has been banned from the sport through next season.
If you believe in the phrase "where there's smoke, there's fire," professional sports is a five-alarm blaze.
Julie DiCaro, senior writer and editor at Deadspin, joins None of the Above to discuss.
Curaleaf CEO Joe Bayern joined Cheddar's "Closing Bell" to discuss the cannabis company's Q3 earnings report, which came in under expectations and included widening losses. Bayern discussed taking a hit on profitability based on the slower-than-expected expansion in some Northeast markets. While the company reduced its fiscal guidance for 2021 due to a general slowing of the cannabis market, he did note that he still sees much room for growth in 2022 and beyond.
Online consignment and thrift shop thredUP reported a Q3 earnings beat on Monday, and CEO James Reinhart joined Cheddar to discuss exceeding expectations and the state of the business overall. Reinhart said the company is thriving while other businesses may face supply chain issues due to the convenience of its system of acquiring secondhand clothing. "In a world where most consumers are feeling squeezed by prices and seeing apparel shortages, everything we have on thredUP is 100 percent in stock and ready to ship," he said. "And so I think it speaks to real opportunity for resale and a company like thredUP during the holiday season and into 2022."
