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SpaceX puts ten Falcon 9 launches' worth of Starlink capacity on Starship's first orbital attempt

SpaceX's Starship Flight 14 will try to reach orbit for the first time carrying 26 Starlink V3 satellites that together add about 26 Tbps of capacity. For a company valued near $2 trillion, it tests how much one launch can lift, while the cost of each launch still depends on reuse.

The Investor · Invest desk

Photograph accompanying SpaceX puts ten Falcon 9 launches' worth of Starlink capacity on Starship's first orbital attempt
Photo: cnbc.com

What happened

  • The FAA told CNBC it issued the license for Flight 14's launch and reentry on September 26, clearing a flight targeted for Monday, September 28.
  • Starship will fire its orbital insertion burn only if flight controllers confirm enough hardware redundancy to carry out the later deorbit burn.
  • Ship 41 will refly two heat-shield tiles recovered from Ship 40, the first time Starship heat-shield tiles have been reused.

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Why it matters

  • constraint A clean flight still cannot establish Starship's cost per launch, because reuse on this mission covers two tiles and the booster is landing offshore.
  • decision The redundancy rule puts the orbital call with flight controllers during the flight, so Flight 14 can meet its safety goals and still end suborbital.
  • cost A lost ship would also cost 26 satellites built for Connectivity, SpaceX's only profitable segment as of the second quarter.

Count and capacity come apart on this payload. Twenty-six satellites against a fleet of about 11,000 active ones is roughly a quarter of one percent by number [7][4]. SpaceX says the same 26 deliver about ten times what a Falcon 9 launch of V2 Mini satellites does [4]. Taken at the company's word, a Falcon 9 Starlink flight adds about 2.6 Tbps, and this one Starship is meant to add 26 [1]. Each V3 is designed for about 1 Tbps, with solar arrays that generate twice the power of earlier generations [3][9].

SpaceX went public in June in the largest IPO on record and is valued at about $2 trillion [10]. As of the second quarter, Connectivity was its largest segment and its only profitable one, and the company is counting on Starship to scale it [8]. Elon Musk said on the August earnings call: "It's not out of the question that at some point, Starlink will deliver a majority of the world's internet, at least in countries where we're allowed to operate, which is the vast majority of countries." [11] Gwynne Shotwell, the chief operating officer, said this month that Starship will also launch "AI compute satellites" in 2027 [12].

The clean version of Monday has the ship firing its insertion burn about 25 minutes after liftoff, finishing deployment near the 1 hour 4 minute mark and using a single Raptor to deorbit almost nine hours in [14]. A messier version has the ship doing all of that while the booster repeats Flight 13, when 8 of 13 planned engines relit for the landing burn and it splashed down hard [15]. SpaceX has since changed engine filtering hardware and relight software [16]. In the least useful version, flight controllers cannot confirm enough redundancy for the deorbit burn, and SpaceX has said the insertion burn happens only after they do [13]. The mission description does not say whether the 26 satellites would still be released in that case [13].

I think even the clean version settles half of SpaceX's case. The company designed Starship to be fully reusable and to lift more cargo for less cost than any earlier spacecraft [21], and Flight 14 tests the cargo half. Reuse on this mission extends to two heat-shield tiles recovered from Ship 40 and flown again on Ship 41 [17]. The booster is aiming for an offshore landing point and the ship for the Pacific west of Chile, so neither returns to Starbase [18][2][22]. Three of the 26 satellites carry cameras to photograph the heat shield in orbit, and SpaceX will use the images to judge whether a ship is ready for missions that come back to the launch site [19].

The counter-case is that cost matters less than it looks. SpaceX already runs about 11,000 active satellites to roughly 650 for Eutelsat OneWeb [7], some 17 times as many [2], and a Starship that adds ten Falcon 9 flights' worth of capacity at a time widens that lead whatever each launch costs. I'd give that less weight. Five of the 13 landing-burn engines failed to relight on the last flight [3], and cheap, repeated lift is the design premise [21]. The satellites could still overturn this reading from the other side. If the V3s do not raise their orbits and start serving customers within the few weeks SpaceX expects [5], the limit on Starlink capacity is the satellite, and the rocket question comes second.

What to watch

  • Whether flight controllers clear the orbital insertion burn at about 25 minutes 17 seconds after liftoff, and whether deployment finishes near the 1 hour 4 minute mark.
  • Whether all 13 landing-burn engines relight on Super Heavy after the filtering and software changes made since Flight 13.
  • Whether the V3 satellites raise their orbits and begin serving customers within the few weeks SpaceX expects, at close to 1 Tbps each.
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