print-icon
print-icon
Add ZeroHedge as a preferred source on Google

Starship Moves Closer To Commercial Service With Successful Next-Gen Starlink Deployment

Tyler Durden's Photo
by Tyler Durden
Authored...

Summary:

  • SpaceX stock up half a percent
  • Starship Inches Closer To Commercialization
  • SpaceX Deploys V3 Starlink Satellites for the First Time 
  • SpaceX Starship Reaches Orbit After Engine Failure Scare

Starship Inches Closer To Commercialization

For the first time, Starship has deployed SpaceX's next-generation broadband satellite in low Earth orbit. 

These new V3 satellites offer roughly 10 times the capacity per satellite of V2 satellites currently in low Earth orbit: about 1,000 gigabits per second of download capacity, compared with about 96 Gbps.

Today's deployment marks Starship's transition from a test vehicle toward a working commercial launch system that will significantly reduce the cost per kilogram and make the space economy more possible.

Starship's first commercial service is set for 2028. 

SpaceX Starship Reaches Orbit After Engine Failure Scare

SpaceX's massive Starship rocket launched from Starbase in South Texas at 7:49 a.m. local time, beginning a mission that could last nearly 10 hours. However, Elon Musk's rocket company confirmed an engine failure and said Starship would not enter orbit.

BBG: SPACEX CONFIRMS THAT STARSHIP WILL NOT ENTER ORBIT FOLLOWING AN ENGINE FAILURE

News of the engine mishap sent shares to premarket lows, down about 2%.

The engine failure will prevent the planned deployment of 26 upgraded Starlink satellites.

BBG: SPACEX FORGOES ORBITAL DEPLOYMENT OF NEW V3 STARLINK SATELLITES ON STARSHIP MISSION BECAUSE OF FAILED STARSHIP ENGINE

However, despite the engine failure, SpaceX later said an attempt to reach orbit might still be possible.

BBG: SPACEX CONSIDERING STARSHIP ORBIT ATTEMPT AFTER ENGINE WENT OUT+

That whipsawed shares back to unchanged in the premarket. 

And now: SPACEX: STARSHIP REACHES ORBIT FOR THE FIRST TIME

Watch Live Feed:

* * * 

0