But where money does that come from? … SpaceX expects more than 90 percent of that market, or $26.5 trillion, to stem from the AI sector. The vast majority of that, $22.7 trillion, could come from AI for businesses. The company is moving ahead with an IPO expected this summer targeting a valuation of roughly $1.75 trillion and seeking to raise about $75 billion, which would make it the largest initial public offering in history. “We believe we have identified the largest actionable total addressable market in human history,” according to the filing.
Falcon boosters have now landed 600 times. SpaceX completed its 600th Falcon booster landing during a Starlink mission Sunday, Spaceflight Now reports. The Starlink 17-22 mission added another 25 broadband Internet satellites into the company’s low Earth orbit constellation that consists of more than 10,200 spacecraft.
Don’t forget the hard-working ships … SpaceX used Falcon 9 first stage booster B1097, which was flying for the seventh time. It previously launched Sentinel-6B, Twilight, and five previous batches of Starlink satellites. A little more than eight minutes after liftoff, B1097 landed on the SpaceX drone ship, “Of Course I Still Love You.” It was the 191st landing on this vessel. Another droneship, “Just Read the Instructions,” will now be dedicated to supporting Starship operations.
Two steps forward, one step back for New Glenn. The third flight of Blue Origin’s heavy-lift New Glenn launcher began Sunday with the company’s first successful reflight of an orbital-class booster, but ended with a setback for Jeff Bezos’ flagship rocket, Ars reports. After the launch, the booster settled onto the ship for a smoky but on-target touchdown less than 10 minutes after liftoff. The landing marked the end of the second flight for this booster, a stunning success for the company.
Second-stage issues … But Blue Origin could not celebrate the achievement for long. Within a couple of hours, it became clear that something went wrong with the mission’s remaining milestones. Blue Origin confirmed New Glenn’s upper stage missed its aim and released its payload, a cellular broadband communications satellite for AST SpaceMobile, into an inaccurate orbit. The satellite later reentered Earth’s atmosphere. The second stage issue will force Blue Origin to stand down New Glenn at a time when NASA needs the vehicle to ramp up operations to support the Artemis Program.