SpaceX’s 100-launch target more realistic than it seems

    WORLD  31 January 2023 - 03:34

    SpaceX is less than a month into 2023, but CEO Elon Musk’s wildly ambitious goal of 100 launches in one year is already looking doable.

    Announced last August, Musk’s 100-launch 2023 target followed goals of 52 – and then 60 – Falcon rocket launches in 2022. Both 2022 goals were incredibly ambitious, with 60 requiring SpaceX to almost double its previous annual launch record. But for the first time in its history, SpaceX not only met – but exceeded – its executives’ forecasts. The company launched 61 times in 2022, tying a four-decade-old Soviet record for the most launches of a single family of rockets in one year. Anywhere close to 100 Falcon launches in 2023 would crush that record, according to TeslaRati.

    Prior to 2022, however, SpaceX infamously struggled to hit the high bars set by its ever-optimistic executives.

    HIGH ACHIEVEMENTS; HIGHER BARS

    In September 2017, Musk predicted [PDF] that SpaceX would launch 20 times in 2017 and 30 times in 2018. SpaceX eventually launched 18 times in 2017 and 21 times in 2018. In September 2019, COO Gwynne Shotwell predicted that SpaceX would launch up to 18 times by the end of the year. The company would only launch 13 Falcon rockets in 2019 – the only time in the last 12 years that SpaceX’s launch cadence has dropped year-over-year.

    At the same conference, Shotwell – typically viewed as the adult in the room relative to Musk’s more chaotic management style – also estimated that SpaceX would launch up to 24 Starlink missions in 2020. SpaceX went on to launch 26 times total in 2020, 15 of which were for Starlink. Finally, in October 2020, CEO Elon Musk revealed a target of 48 SpaceX launches in 2021. Instead, SpaceX launched 31 Falcon rockets – an impressive accomplishment by any measure but still far from its internal target.

    Only in 2022 did all of the puzzle pieces finally click together. Representing the payoff from years of buildup, SpaceX doubled the production of Falcon rocket stages and Starlink satellites, dramatically increased the availability of its drone ships and launch pads, and launched once every six days without a single failure.

    (6)0 TO 100

    Ever the glutton for self-punishment, Musk responded to SpaceX’s success by raising 2023’s bar two-thirds higher than 2022’s in August. Instead of jinxing the company, SpaceX somehow sustained its high cadence through the end of the year and slightly surpassed Musk’s 60-launch goal.

    In fact, the pace of SpaceX launches accelerated throughout 2022. SpaceX launched 13 times in the first quarter of 2022. In the fourth quarter of 2022, SpaceX launched 18 times – an increase of almost 40%. The same trend is visible on a smaller scale. In December 2021, SpaceX launched five times in one month for the first time in its history. SpaceX launched seven times (also a first) in December 2022.

    One exceptional month does not necessarily translate into an exceptional year. However, SpaceX is on track to launch seven times in January 2023, implying that it could be the company’s new normal. When SpaceX first launched five times in one month in December 2021, it seemed unlikely that that would become its new normal. But SpaceX ultimately averaged more than five launches per month throughout 2022.

    Time will tell if SpaceX can do the seemingly impossible twice in a row. For now, the company is off to a great start.

     

    Caliber.Az

    Subscribe to our Telegram channel


Read also

Russia’s Putin to visit China

25 April 2024 - 20:45

Putin calls on large businesses to traditionally take part in SPIEF 2024

25 April 2024 - 20:19

Palestinians retrieve 392 bodies from 3 mass graves in Gaza’s Khan Younis

25 April 2024 - 18:46

European Parliament urges member states not to consider Russian elections legitimate

25 April 2024 - 19:24

How Iran covers up damage from Israel’s strikes? PHOTO

25 April 2024 - 19:05

Top Israeli, Egyptian officials secretly meet to discuss possible Rafah invasion

25 April 2024 - 16:41
ADVERTS
Video
Latest news

    One international destination everyone wants to go to this summer

    25 April 2024 - 23:00

    Azerbaijani leader's plane makes its maiden voyage from Fuzuli to Berlin

    25 April 2024 - 20:59

    Azerbaijan, Kazakhstan forge closer ties during high-level meetings

    PHOTO/VIDEO

    25 April 2024 - 20:53

    Russia’s Putin to visit China

    25 April 2024 - 20:45

    Azerbaijani tourism agency granted membership in Global Sustainable Tourism Council

    25 April 2024 - 20:37

    Azerbaijani parliament condemns EP's biased resolution on human rights

    25 April 2024 - 20:25

    Putin calls on large businesses to traditionally take part in SPIEF 2024

    25 April 2024 - 20:19

    Iranian defense minister heads to Astana for SCO defense ministers' meeting

    25 April 2024 - 19:59

    Türkiye neutralises over 800 terrorists since early 2024

    VIDEO

    25 April 2024 - 19:43

    European Parliament urges member states not to consider Russian elections legitimate

    25 April 2024 - 19:24

    How Iran covers up damage from Israel’s strikes?

    PHOTO

    25 April 2024 - 19:05

    Palestinians retrieve 392 bodies from 3 mass graves in Gaza’s Khan Younis

    25 April 2024 - 18:46

    Iran to launch missiles anywhere in Israel if necessary, general warns

    25 April 2024 - 18:27

    Twenty border markers installed between Azerbaijan & Armenia

    Delimitation progress

    25 April 2024 - 18:18

    Dozens detained at protests in Armenia

    25 April 2024 - 18:08

    Azerbaijan, Uzbekistan expanding cooperation in space industry

    25 April 2024 - 17:49

    Controversial Nobel Peace Prize nominee Vardanyan faces int’l scrutiny & opposition

    A closer look at actions contrary to peace & humanitarian efforts

    25 April 2024 - 17:31

    Iran builds up military power by showing off advanced Bavar-373 air defence system

    PHOTO

    25 April 2024 - 17:15

    Presidents of Azerbaijan, Kyrgyzstan visit Fuzuli, Aghdam cities

    PHOTO

    25 April 2024 - 17:05

    Lukashenko blames opposition and NATO: They want to take a district in Brest region by force

    25 April 2024 - 17:00

    Top Israeli, Egyptian officials secretly meet to discuss possible Rafah invasion

    25 April 2024 - 16:41

    Energy leading to peace

    Proceeding from Azerbaijani President’s speech in ADA

    25 April 2024 - 16:22

    “It would be a big mistake if Armenia used the support gained from the EU against Azerbaijan”

    Amashov’s impromptu interview with Ambassador Sharp

    25 April 2024 - 16:16

    Armenian Parliament speaker says legitimate border crucial for peace with Azerbaijan

    25 April 2024 - 16:07

    New mass grave discovered in Khojaly

    Investigation underway / PHOTO

    25 April 2024 - 15:51

    Port of Baku: the Eurasian trade hub working to expand and accelerate growth

    Article by Euronews / VIDEO

    25 April 2024 - 15:39

    Hybrid warfare being waged against Armenia, official says

    25 April 2024 - 15:24

    Azerbaijani police discover cache of weapons in Khankendi, linked to Armenian forces

    25 April 2024 - 14:58

    Zakharova slams Armenian media for distorting Russian leadership’s statements on Baku-Yerevan ties

    25 April 2024 - 14:44

    Baku, Budapest cement economic ties, sign protocol

    25 April 2024 - 14:27

    Yerevan ready to discuss gas purchase with Baku – Armenian Speaker

    UPDATED

    25 April 2024 - 14:15

    Azerbaijan set to take bold steps vis-à-vis climate change - minister

    25 April 2024 - 14:09

    Official: Hamas would lay down its weapons if two-state solution implemented

    25 April 2024 - 13:54

    Türkiye captures nearly 3,000 Islamic State suspects in 10 months

    VIDEO

    25 April 2024 - 13:40

    Blinken tours China to promote some ties

    25 April 2024 - 13:26

    Azerbaijani presidential aide showcases Fuzuli's rebirth in stirring social media video

    25 April 2024 - 13:15

    Media: China harbours ship tied to North Korea-Russia arms transfers

    25 April 2024 - 13:11

    Western Azerbaijan Community condemns US human rights report as discriminatory

    25 April 2024 - 12:58

    Israeli Air Force strikes dozens of targets in Gaza

    VIDEO

    25 April 2024 - 12:43

    Hungary prepares to participate in Karabakh's reconstruction

    25 April 2024 - 12:29

All news