SpaceX sets new rocket record with 96 successful launches in 2023

SpaceX sets new rocket record with 96 successful launches in 2023


A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA’s Kennedy Space Center in Cape Canaveral, Florida, on October 13, 2023.

Chandan Khanna | AFP | Getty Images

Elon Musk’s SpaceX smashed its previous annual record for orbital rocket launches, pulling off 96 successful missions in 2023 at a blistering average launch pace of every four days.

SpaceX this year achieved 91 launches with its Falcon 9 rocket and another five with the Falcon Heavy, topping its previous annual record of 61 orbital launches in 2022. For context, SpaceX launched Falcon 9 more times this year than in the entire first decade after the rocket’s debut.

Along the way this year, SpaceX landed its 250th orbital rocket booster as well as launched and landed a single rocket 19 times, continuing to push the boundaries of reusing rockets. This week, SpaceX also set a new company record for shortest time between orbital launches, at just under 3 hours, which represents the tightest time between Florida launches since NASA’s Gemini 11 mission in 1966.

What’s more, SpaceX’s launch count for the year does not include its pair of Starship test flights, which were not carrying commercial payloads bound for orbit.

Sign up here to receive weekly editions of CNBC’s Investing in Space newsletter.

Jon Edwards, SpaceX vice president of Falcon launch vehicles, wrote in a social media post that just a few years ago Musk suggested “a goal of 100 launches as a thought experiment.”

“Here we are. I’m so incredibly proud to work with the best team on earth, and so excited to see what we achieve next year,” Edwards wrote.

SpaceX officials have said the company aims to launch as many as 144 Falcon missions in 2024, as it continues to deploy satellites for the Starlink system that drives a major portion of its $180 billion valuation.

Elon Musk's Starlink business has grown quickly and so has its influence



Source

Gap raises guidance ahead of holidays after storms, warm weather slowed sales
Business

Gap raises guidance ahead of holidays after storms, warm weather slowed sales

Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better than expected results, leading it to raise its annual guidance for a third time this year.  Gap, which runs Old Navy, Banana Republic, Athleta and its namesake banner, is now expecting fiscal 2024 sales […]

Read More
Crypto investor pays  million for a banana — and plans to eat it
Business

Crypto investor pays $6 million for a banana — and plans to eat it

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of crypto and viral art. […]

Read More
SailGP signs Rolex as first title partner of global sailing competition
Business

SailGP signs Rolex as first title partner of global sailing competition

SailGP signs Rolex as first title partner of global sailing competition Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP, which kicks off the 2025 season in Dubai on Saturday, will now be known as the “Rolex SailGP Championship.” “Leading into […]

Read More