Connect with us

News

NASA human spaceflight chief resigns in surprise move before historic astronaut launch

Published

6 years ago

on

SpaceX and NASA are eight days away from the first astronaut launch on U.S. soil in nearly a decade. There’s one big hurdle left to clear before the launch can get the go-ahead: it has to pass a flight readiness review. Typically that is led by the person in charge of NASA’s human exploration program.

However, that person — Doug Loverro — has resigned from NASA, effective May 18. According to an agency memo, Loverro resigned just six months after he took on the role. This marks the second time that such a big change in NASA leadership has occurred under the Trump administration. In July 2019, William Gerstenmaier was demoted from his position as NASA’s associate administrator from human exploration. Loverro took over his position several months later. 

The space agency addressed the sudden departure of Loverro to its employees via a company-wide email. In the memo, it states, Loverro made significant progress in his time at NASA. “His leadership of [human exploration] has moved us closer to accomplishing our goal of landing the first woman and the next man on the Moon in 2024,” the memo reads. “Loverro has dedicated more than four decades of his life in service to our country, and we thank him for his service and contributions to the agency.”

Ken Bowersox, a five-time shuttle flier and former commander of the International Space Station, will take over for Loverro. Bowersox assumed the role after Gerstenmaier was demoted last year. He is the current deputy associate administrator for human exploration and is familiar with the commercial crew program and the upcoming SpaceX Crew Dragon flight.

That flight is scheduled for May 27 but first has to pass a series of readiness reviews. The first of which is scheduled for Thursday, May 21. Loverro was supposed to lead the flight readiness review, and with his departure, Steve Jurczyk, NASA’s associate administrator will lead the charge. If the Crew Dragon and its Falcon 9 launcher are cleared for flight, the launch will proceed as planned.

Advertisement
-
-

What effect will this change in leadership have on the upcoming launch? According to NASA, not much. “We have full confidence in the work [that commercial crew program manager] Kathy Lueders, and her entire Commercial Crew team have done to bring us here,” the memo states. “This test flight will be a historic and momentous occasion that will see the return of human spaceflight to our country, and the incredible dedication by the men and women of NASA is what has made this mission possible.”

In addition to the commercial crew program, Loverro was also head of the agency’s burgeoning Artemis program. NASA has plans to go back to the moon and do it sustainably, with the ultimate goal of sending the next man and the first woman to the moon by 2024. A lofty goal for sure.

NASA astronauts Bob Behnken and Doug Hurley will fly to the space station aboard a Crew Dragon spacecraft on May 27. Credit: NASA

In a memo to agency staff, Loverro explained that his departure had nothing to do with the work NASA was accomplishing. “I want to be clear that the fact that I am taking this step has nothing to do with your performance as an organization nor with the plans we have placed in motion to fulfill our mission,” Loverro wrote. “If anything, your performance and those plans make everything we have worked for over the past six months more attainable and more certain than ever before. My leaving is because of my personal actions, not anything we have accomplished together.”

He also explained that his abrupt departure had to do with a decision he made and a risk he took earlier in the year. “The risks we take, whether technical, political, or personal, all have potential consequences if we judge them incorrectly. I took such a risk earlier in the year because I judged it necessary to fulfill our mission,” he wrote. “Now, over the balance of time, it is clear that I made a mistake in that choice for which I alone must bear the consequences.”

Only time will tell how much this will or will not affect the upcoming crew launch, but as of now, it’s full-steam ahead.

Related Topics:

I write about space, science, and future tech.

Advertisement -
Comments

Investor's Corner

SpaceX reports beat in first earnings while minimizing losses

Published

2 hours ago

on

August 4, 2026

By

Credit: SpaceX | X

SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.

After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.

Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.

SpaceX to report first-ever earnings today: here’s what to expect

Earnings Results

  • Revenues: $7.8 billion reported vs. $6.7 billion expected
  • Adjusted EBITDA: $3.5 billion vs. $2 billion expected
  • Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion

Additionally, CFO Bret Johnsen had these comments:

“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”

Space Business Highlights

SpaceX shared some of its biggest Space Business Highlights for Q2:

  • Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
  • Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
  • Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
  • Starship V3 development continued to advance towards full and rapid reusability:
    • Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
    • Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield

SpaceX will report its earnings today at 4:30 P.M. EDT.

Advertisement
-
-
Continue Reading

Elon Musk

Elon Musk sends second warning to SpaceX shorts ahead of first earnings

Published

3 hours ago

on

August 4, 2026

By

Credit: Grok Imagine

Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”

The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.

This marks the second such message from Musk in under three weeks.

On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.

Elon Musk sends first warning to SpaceX short sellers

Advertisement
-
-

Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.

SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.

Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.

As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.

Continue Reading

News

Tesla’s AI lead doubles down on FSD’s speed strategy, and owners are confused

Published

6 hours ago

on

August 4, 2026

By

Credit: Tesla

Tesla’s AI lead Ashok Elluswamy doubled down on the company’s strategy regarding Full Self-Driving’s speed settings, and owners are definitely confused.

Earlier versions of Full Self-Driving allowed owners to set a max speed that the vehicle could travel while operating under the semi-autonomous driver assistance platform. This allowed more customization for the driver, giving them the ability to experience FSD’s robust performance with their own personal preferences.

Speed is massively important for obvious reasons — it’s not only a question of keeping the vehicle occupants comfortable by traveling at a safe speed, but it’s also something that could contribute to a ticket or infraction from law enforcement.

With the release of FSD v14 last year, Tesla removed the ability to set a max speed and instead opted for five Speed Profiles, ranging from “Sloth,” the most conservative, to “Mad Max,” the most aggressive and spirited. These profiles not only control speed, but also how frequently the vehicle will execute passes, perform lane changes, and other contributing factors.

The removal of the Max Speed setting was a major complaint amongst the Tesla community because it left owners scrambling for a way to experience suitable behaviors while traveling at an appropriate speed. Most felt the driving profiles would be a good indicator of the behaviors, while speed would still be left up to the discretion of the driver.

Instead, Tesla’s Speed Profiles determine both, and the constant tinkering of how they behave has been a major bottleneck and point of confusion for both owners and the company. From update to update, the Speed Profiles will change, sometimes more drastically than others. Some owners have complained that the “Standard” profile is too fast, while others have experienced “Mad Max” traveling below the speed limit:

These things change with each update, but the big complaint is that owners are on the hook for any tickets that come from FSD’s infractions; that’s the caveat of the suite being named FSD (Supervised). It ultimately means the driver is responsible, and the automaker has no liability when it comes to speeding tickets or general traffic infractions.

It is the driver’s responsibility to take over or adjust based on this.

Elluswamy essentially confirmed that there are no plans to bring back Max Speed control, because it is what he referred to as “an anti pattern.” He then echoed something that CEO Elon Musk has started to really push with FSD, and that’s the idea that Tesla is really honing in on the preferences of the driver.

Owners were confused by Tesla’s decision, stating that there must be a better way, especially considering disengagements for incorrect speeds are common:

From personal experience and using FSD for over 72 percent of my driving miles since v14 was released late last year, I make Speed Profile adjustments constantly. If FSD is traveling a tad too quickly, I will scale it back, and if it’s too conservative, I’ll make it more aggressive.

I don’t complain about making the Speed Profile changes too frequently, but it would certainly be nice to have it happen less frequently. There are far too many times I am concerned about getting a ticket, even in Standard mode.

The biggest issue for me, personally, which seems to be echoed throughout the community, is the fact that Tesla’s goal is to minimize disengagements. Many drivers are stating that speed is a major reason for disengagements.

However, Tesla is not willing to bring back this one level of input because it would technically be a regression.

Advertisement
-
-

Whether it’s right or wrong in your opinion, it is what Tesla is going with, and it seems like it has pivoted quite a bit from its other strategies for minimizing interventions by pushing its AI to behave in a way that would fit the occupant’s personal preferences.

Continue Reading