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NASA human spaceflight chief resigns in surprise move before historic astronaut launch
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.
The Loverro resignation is not related to Crew Dragon or any animosity between Doug and the NASA administrator. However the timing of this is devastating to the space agency.
— Eric Berger (@SciGuySpace) May 19, 2020
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.
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.
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.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
