{"id":85326,"date":"2023-11-16T12:12:30","date_gmt":"2023-11-16T17:12:30","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/spacexs-starship-will-launch-again-soon-theres-a-lesson-for-tesla-investors\/"},"modified":"2023-11-16T12:12:32","modified_gmt":"2023-11-16T17:12:32","slug":"spacexs-starship-will-launch-again-soon-theres-a-lesson-for-tesla-investors","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=85326","title":{"rendered":"SpaceX&#8217;s Starship Will Launch Again Soon. There&#8217;s a Lesson for Tesla Investors."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000801207\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:75.5868544600939%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\"><\/div>\n<\/figure><\/div>\n<p>SpaceX is preparing to try again to launch its huge Starship rocket as soon as Friday, assuming weather issues don\u2019t delay the flight.<br \/>\n        Tesla<br \/>\n       and SpaceX CEO Elon Musk tweeted Monday the permits should be in place and<strong>\u00a0<\/strong>Wednesday the FAA issued a license for one launch.<\/p>\n<p>It matters both for SpaceX and for Tesla (ticker: TSLA), but not in the ways investors in the electric-vehicle company would suspect. <\/p>\n<div class=\"paywall\">\n<p>Not everyone in the Brownsville, Texas, region where SpaceX will launch its behemoth might agree the flight is a good thing. The first flight blew up spectacularly in April, strewing pieces of the Starship and launchpad about the landscape. <\/p>\n<p>That a launch vehicle exploded, and SpaceX, appropriately, had to deal with related issues\u2014cleanup, lawsuits, and potential restitution, not to mention the continuing cost of complying with government oversight\u2014 doesn\u2019t matter much for the company in the grand scheme of things. Those costs likely add up to an amount in the tens of millions of dollars.<\/p>\n<p>SpaceX is worth some $150 billion and is expected to generate some $8 billion in 2023 sales. It has shown over and over that trying, failing, re-engineering, and trying again is the best way to develop space technologies. <\/p>\n<p>SpaceX didn\u2019t respond to a request for comment about its financials or cleanup efforts. <\/p>\n<p>That the side issues don\u2019t matter is the lesson for Tesla investors. The company and its investors have faced a lot of things not typical for public companies, including Securities and Exchange Commission lawsuits, controversial tweets, large stock sales from its CEO, and more. <\/p>\n<p>Most of those things just don\u2019t matter to Tesla stock in the long run. One of the more famous incidents, a tweet by Musk saying he had funding secured to take Tesla private, shook up the stock and created a commotion on Wall Street, but the only tangible result for the EV maker was additional oversight and a small fine. <\/p>\n<p>Investors need to develop the skill of categorizing issues according to whether they are truly important, or only matter a little, for the stock. Not all things that matter for society or for Musk personally, matter to Tesla stock. <\/p>\n<p>Failing to ask and answer the question \u201cDoes this matter for the stock?\u201d can result in needless selling when share-price moves get scary.<\/p>\n<p>The launch for SpaceX certainly matters to Musk\u2019s space company because Starship can carry a lot of stuff into orbit. The vehicle is designed to be fully reusable, which can reduce the cost of reaching space, extending SpaceX\u2019s lead over other launch providers. <\/p>\n<p>\u201cSpaceX\u2019s breakthrough technology of reusable rockets is key to Starlink\u2019s success since the company can send satellites into low-Earth orbit much more affordably than one-use rockets,\u201d wrote DataTrek co-founder Jessica Rabe in a Wednesday report. \u201cPrior satellite internet constellation companies failed because this service is too expensive to build out without reusable rockets.\u201d <\/p>\n<p>Starlink, SpaceX\u2019s space-based Wi-Fi service, ended 2022 with about a million subscribers. SpaceX\u2019s lower costs are part of why it can charge affordable rates.<\/p>\n<p>Lower costs are often at the heart of what allows disruptive technologies to succeed. That\u2019s another lesson for investors.<\/p>\n<p>Investors might also want to pay attention to Starship testing because Elon Musk has hinted in the past he would raise money in a Starlink, not a SpaceX, IPO when the Wi-Fi business was profitable. It achieved cash flow break-even results recently, according to Musk. More satellites and more subscribers would mean profit for Starlink and start the IPO clock ticking.  <\/p>\n<p>Write to Al Root at allen.root@dowjones.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/spacex-starship-launch-tesla-f37710bf?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX is preparing to try again to launch its huge Starship rocket as soon as Friday, assuming weather issues don\u2019t delay the flight. Tesla and SpaceX CEO Elon Musk tweeted Monday the permits should be in place and\u00a0Wednesday the FAA issued a license for one launch. It matters both for SpaceX and for Tesla (ticker: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":85327,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-85326","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SpaceX&#039;s Starship Will Launch Again Soon. 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