News
Firefly nears second orbital launch attempt as US forces Ukrainian founder to divest
While the rocket startup he is responsible for resurrecting is preparing for a second orbital launch attempt, a Ukrainian multimillionaire – an entrepreneur, businessman, and the founder of Firefly Aerospace – has once again been forced to take extreme actions by the US government.
Resurrected in 2017 after going bankrupt and ceasing operations the year prior, Firefly is a private launch provider based out of Austin, Texas and founded by Maxim Polyakov and former CEO Tom Markusic. Polyakov has supported the company since its second inception, privately funding the startup with over $200 million earned through success in Ukrainian tech industries. With those contributions, Polyakov was able to singlehandedly resurrect the startup from bankruptcy and continue the development of an even more ambitious Alpha launch vehicle.
For the last two years, though, Polyakov has been under scrutiny from US government officials, who’ve objected to Polyakov – a Ukrainian and UK citizen – having control over the company, with fears that the launch technology developed by the company could make its way back to Ukraine and poses a national security threat.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
In late 2020, Polyakov quietly stepped down as chairman and withdrew from Firefly’s day-to-day operations in the hopes of killing the controversy and giving the startup a better chance at being awarded government contracts. Firefly’s board of directors includes many former U.S government officials, including Deborah Lee James, former secretary of the Air Force, and Robert Cardillo, former director of the National Geospatial Intelligence Agency.
However, officials were not satisfied with Polyakov simply stepping down from operations, indicating they want him to have less ownership in the company as well. In November 2021, just two months after Firefly’s inaugural flight test, Polyakov received a letter from the Committee on Foreign Investment in the U.S (CFIUS). This letter expressed these ongoing concerns and asked that he, along with his investment company, Noosphere Venture Partners, sell their stock in Firefly; which amounted to over 50% stake in the company. Because of this request, Firefly halted their operations at Vandenberg Air-force Base.
Before halting launch operations, Firefly claimed to be on track for another Alpha launch as early as January 2022. Firefly’s first launch on September 2nd, 2021 ended in failure around two minutes after liftoff due to a premature engine shutdown. Jason Mello, president of Firefly Space Transportation Services, stated in an interview that fixing the problem responsible for the failure was “fairly easy and straightforward.”
On February 16th, 2022 Polyakov revealed that the United States government had once again gone on the offensive, this time forcing him to fully and permanently cede any involvement in his company. He posted the following statement on Facebook:

Polyakov revealed that he chose to sell his 58% stake in the company to co-founder and CEO Tom Markusic for $1 USD – a selfless act given that selling his stake for nothing all but guarantees he will never recoup a cent of the several hundred million dollars he invested in Firefly.
Previously, Polyakov expressed how excited he was to turn Firefly into a massive aerospace company that both the United States and Ukraine could be proud of and benefit from. “During the Soviet era, Ukraine produced some of the world’s best rocket and engine technology, but much of those inventions have languished in recent years due to lack of investment. The hope was that Firefly could pair its best engineers from the U.S. and Ukraine together to make a fleet of large rockets capable of taking many satellites into orbit and, later on, missions to the moon. Polyakov wanted the U.S. to gain access to Ukrainian expertise, while also finding a way to boost the prospects of Ukrainian aerospace engineers, he has said.” (Bloomberg)
It is speculated that the US government’s sudden and extreme requests came because of concerns over the rising tensions caused by Russia’s increasingly unstable posturing and recurring threats of invasion. Even though Ukraine is friendly with the United States, concerns of conflict with Russia may have increased worries about what might happen to technology developed inside of the country. Ukraine, a sovereign nation, has been forced to increase security along its borders as fear of a Russian invasion grows.
Despite the recent legal and organizational setbacks and drama caused by the US government, Firefly has been doing extremely well from a technical standpoint. The company recently shared a video of the successful static fire testing of both stages of the second Alpha rocket, indicating that it could be ready for flight in the very near future. Even though Polyakov was forced to abandon his aerospace startup, it’s never been more clear that his investment not only saved Firefly but raised the company closer to success than it’s ever been before.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
Elon Musk
Tesla’s mysterious Robovan makes a sneak peek with Optimus in Terafab video
Elon Musk shared a new Terafab video showing Optimus, Robovans, and a stunningly futuristic campus.
Elon Musk posted a new video of Terafab on X Thursday morning, and the most eye-catching details in it were not the building itself, but two products still awaiting production: Optimus and the Robovan.
The concept render, credited to SpaceX, shows Optimus robots working the grounds of the roughly 2.5-mile-long facility planned for the Gibbons Creek site in Grimes County, while a Robovan glides along an elevated roadway cutting through the building itself, sharing the frame with a Tesla Semi and a Cybercab.
Robovan is the boxy, driverless people and cargo mover Musk unveiled alongside Cybercab at Tesla’s “We, Robot” event in October 2024. He pitched it as a way to move up to 20 passengers at once, or handle freight instead, at a target cost he claimed could fall under a dollar a mile, with no steering wheel or pedals, the same layout as Cybercab. Nearly two years later, Robovan still has no confirmed production timeline and has not shown up in any factory footage, which makes Thursday’s render one of the only recent looks at the vehicle in any form.
Terafab Texas will be the largest and most valuable building on Earth by far.
And it will be stunningly beautiful. pic.twitter.com/4NweOqTL7y
— Elon Musk (@elonmusk) August 6, 2026
Optimus has moved further along. Tesla began converting Fremont’s old Model S and Model X assembly line into a Gen 3 Optimus production line earlier this year, and Musk visited the site on July 1 to mark the changeover. A second, larger Optimus plant is under construction at Giga Texas, targeting volume production in summer 2027 and eventual capacity of 10 million units a year. Tesla AI lead Ashok Elluswamy said this month the robot has “big shoes to fill” in replacing the S and X line, while Musk has repeatedly called Optimus the company’s biggest product of any kind, with a long-term price he has pegged between $20,000 and $30,000.
Check out the “Robovan” from @Tesla
📸: @Teslarati pic.twitter.com/D4es2i9NUe
— TESLARATI (@Teslarati) October 11, 2024
“Terafab Texas will be the largest and most valuable building on Earth by far,” Musk wrote alongside the clip. “And it will be stunningly beautiful.”
One quote post summed up the reaction: “Futuristic scene with RoboVan + Cybercab + Tesla Semi + Optimus.”
Beyond the vehicles, the architecture wrapped around them stands out too. The building’s facade is canted at sharp angles, with illuminated horizontal bands running through what appears to be a multi level interior visible from outside. Below the elevated roadway, pedestrians walk along a plaza next to a reflecting pool, and the skyline behind the campus is dotted with angular spires that read more like sculpture than infrastructure, a departure from the strictly utilitarian look of Gigafactory Texas or Starbase.
The timing tracks with what Terafab representative Riley Trennell told Grimes County residents on Wednesday, when he said renderings of the facility would be released “within days.” Musk’s post followed less than 24 hours later, and Texas Governor Greg Abbott’s office sent out its own release Thursday confirming the project. As Teslarati reported this morning, Terafab’s tax abatement agreements with Grimes County are now signed and active, and SpaceX has sent the county its first $10 million payment under that deal. The dollar figure tied to this phase of construction, per Reuters, is $16.8 billion, one of the first hard capital expenditure numbers attached to Terafab since Musk unveiled the joint Tesla-SpaceX-xAI venture in March.Reaction on X ranged from enthusiastic to skeptical. “God Bless Texas! Everything is bigger and better in Texas!” one reply read. Another was more measured: “Terafab in a decade…..”
Whether the finished building matches the render is a separate question from whether Musk wanted people talking about the render itself. Less than a day after posting, the video had already crossed 5.5 million views.
Cybertruck
Tesla Cybertruck production snaps back after ugly supplier fight
Cybertrucks are piling up again at Giga Texas after Tesla’s court win against a parts supplier.
Cybertruck production at Giga Texas is showing its first visible recovery since Tesla sued a supplier last month over withheld manufacturing tooling.
Aerial observer Joe Tegtmeyer flew over the Austin factory Wednesday morning and counted roughly 100 or more Cybertrucks filling the outbound lot, a sharp jump from the thin numbers seen in recent weeks. The flyover came a day after a judge granted Tesla a temporary restraining order against Angstrom Automotive Group, the parts supplier at the center of the dispute.
Tesla filed an emergency lawsuit in late July after Angstrom told the automaker it planned to close the Troy, Texas facility where Tesla’s die-cast tools, trim dies and other Cybertruck stamping equipment were housed. According to Tesla’s complaint, a shipment of 700 finished parts never left the building, and when Tesla sent representatives to retrieve its equipment, accompanied by law enforcement, they were turned away. Angstrom allegedly then asked for an extra $250,000 a week to keep operating, which Tesla’s filing described as holding its own property for ransom.
TESLA: U.S. District Judge Christopher R. Wolfe of the U.S. District Court for the Western District of Texas, Waco Division granted Tesla a Temporary Restraining Order and Writ of Replevin in its dispute with Angstrom Automotive (Case No. 6:26-cv-00477).
The order authorizes… https://t.co/E1DKcQSxMn pic.twitter.com/LR8aAiV2Og
— S.E. Robinson, Jr. (@SERobinsonJr) August 5, 2026
The restraining order gives Tesla immediate right of entry to Angstrom’s facility to recover the tooling. It is temporary, with a fuller hearing still to come, but the speed of Wednesday’s rebound suggests the Angstrom shortage was indeed the main bottleneck limiting Cybertruck output. Outbound lot counts are an imperfect measure of actual production, since finished trucks can sit for days before shipping, but a lot that full after a lean stretch is a meaningful signal.
Cybertruck output at Giga Texas has fluctuated all year as Tesla worked through supply issues and introduced new trims, including a cheaper Dual Motor AWD version that drew strong early demand.

