Tesla CEO Elon Musk unveiled two new self-driving vehicles last week: the Cybercab, a two-seater robotaxi, and the Robobus/Robovan, capable of seating up to 20 passengers. Despite the long-anticipated reveal, Tesla's stock dipped as investors remained unimpressed.
In contrast, SpaceX, another Musk-led venture, achieved a significant milestone during its fifth Starship test flight. For the first time, SpaceX successfully returned the rocket's first-stage booster to its Texas launch pad using mechanical arms. This achievement is crucial for developing reusable rockets for missions to the Moon and Mars.
SpaceX aims to rapidly reuse rocket parts, significantly reducing the cost and time for space missions. The company plans to use the Starship capsule to land NASA astronauts on the lunar surface by 2026 as part of the Artemis III mission, with government contracts valued at nearly $4 billion.