News
NASA installs SpaceX-delivered docking adapter for Crew Dragon, Boeing Starliner missions
Launched on July 25th, SpaceX’s CRS-18 Cargo Dragon successfully docked with the International Space Station (ISS) a few days later, delivering a major piece of space station hardware in its unpressurized trunk.
Known as International Docking Adapter 3 (IDA-3), the docking port will quite literally open the door for future commercial missions to the space station. Some 25 days after arriving at the ISS, NASA astronauts Nick Hague and Andrew Morgan performed a six-hour spacewalk (also known as an extra-vehicular activity or EVA) on August 21st, over the course of which they successfully installed IDA-3 on the outside of the space station.
On Monday, August 19th, IDA-3 was extracted from Cargo Dragon’s expendable trunk using Canadarm-2 and stored a few feet away from the Pressurized Mating Adapter 3 (PMA-3) on the station’s Harmony module. The PMA-3 is a leftover from the days of Space Shuttle and has thus been unused since 2011 – IDA-3’s installation means that the old hardware will be able to finally return to operational use.

The successful spacewalk was the fifth of this year and 218th overall. Astronauts Nick Hague and Andrew Morgan worked outside of the ISS to complete the tethering process and install power and data connectors, spending much of the 6.5 hours simply attaching and routing new cabling, extremely difficult to do in NASA’s semi-rigid EVA spacesuits. Astronaut Christina Koch assisted the duo from inside the station.
IDA-2, IDA-3’s predecessor, was successfully installed way back in August 2016, while the docking port was used for the first time ever just six months ago, when SpaceX’s Crew Dragon spacecraft – as part of its inaugural orbital launch – autonomously docked at IDA-2 on March 3rd, 2019. IDA-1 was sadly destroyed after a Falcon 9 upper stage failed catastrophically in June 2015, resulting in the total loss of Cargo Dragon CRS-7 and its array of ISS-bound cargo. Although far from the first, IDA-3 is still an extremely important addition to the ISS, particularly with respect to assuring redundancy and future accessibility for numerous spacecraft.

IDA’s are meant to serve as truly international ports, built by Boeing from a partially open-source design with parts from companies located in 25 different states and primary structures produced by Russian company RSC-Energia.
Both adapters feature a standard design, uniform docking requirements, and fittings for power and data transfer, all of which which are readily available to spacecraft designers to help streamline and simplify docking procedures. The IDA (technically, IDSS) standard has been adopted by both SpaceX’s Crew Dragon and Boeing’s CST-100 Starliner, while Russia may also adopt the standard on its next-generation Federation spacecraft, meant to replace Soyuz sometime in the 2020s.

Both US capsules – currently in various stages of production and flight preparations – will be able to autonomously dock with either IDA-2 or -3, as will SpaceX’s Crew Dragon-derived Dragon 2, to be used for SpaceX’s Commercial Resupply Services 2 (CRS2) contract. With two IDA adapters, a SpaceX and Boeing crew capsule or two SpaceX Dragon 2s could simultaneously dock with the ISS.
Unlike the berthing process used by Cargo Dragon, Cygnus, and (prospectively) Dream Chaser, the docking adapters allow for spacecraft to perform autonomous docking maneuvers. Berthing instead involves the spacecraft in question station-keeping just a few meters away from the ISS while astronaut operators manually ‘grab’ the spacecraft with a giant, robotic arm known as Canadarm2.

While the installation of a second adapter is certainly a step in the right direction to support a larger commercial customer base, there are many more steps to get through before the ISS can begin to support regular visits from Crew Dragon and Starliner. Both SpaceX and Boeing are hopeful that their capsules will be ready for their crewed launch debuts (Demo-2 and OFT, respectively) before 2019 is out, although delays into 2020 are extremely likely for both NASA Commercial Crew providers.
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Elon Musk
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
News
SpaceX’s Gwynne Shotwell just made a quiet gesture toward Tesla
SpaceX president Gwynne Shotwell quietly followed Tesla on X, and merger watchers noticed right away.
SpaceX President and COO Gwynne Shotwell has started following Tesla’s official account on X, a small change that landed in the middle of a very loud merger conversation. Whole Mars Catalog joked about it on Sunday.
A follow is not an announcement, and neither company has said anything about a deal. What gives the moment weight is the timing. Barclays analyst Dan Levy has told clients that an agreement could come before Tesla’s annual meeting, which must be held by December 6, with SpaceX as the buyer in an all stock deal, as we reported after the Roadster unveiling. Wedbush’s Dan Ives has stuck with a 2027 timeline.
“Shit, I better start following their X account if i’m gonna be helping run the company”
— Whole Mars Catalog (@wholemars) October 18, 2026
Shotwell is the executive most worth watching if the two companies do move closer. When Musk was asked at the All In Summit why Tesla and SpaceX remain separate, Shotwell sat next to him and said SpaceX personnel had already moved into xAI to fill leadership and engineering gaps. The businesses were integrating “faster than I thought,” she said, though “not fully integrated yet.” Her responsibilities have also grown since SpaceX absorbed xAI, and she now oversees operations that include Grok and the company’s AI compute buildout.
The financial links are already there. Tesla’s $2 billion xAI investment turned into a stake of less than one percent in SpaceX, the two share the Terafab chip project in Austin, and Musk exercised his 2018 Tesla options a week after SpaceX began trading, a sequence analysts flagged as giving SpaceX public shares to use in a deal. Musk holds about 20 percent of Tesla and controls 85.1 percent of SpaceX’s voting power, according to our earlier breakdown.
The next test is close at hand. SpaceX reports its second earnings as a public company on Tuesday after the close, and Tesla follows on Wednesday. Musk told analysts in July that “we can’t talk about combining companies and that kind of thing on an earnings call,” so a direct answer is unlikely from either stage. Tesla shareholders can still submit and vote on questions through the Say portal until 4 p.m. EDT on Monday, and the merger is a recurring theme in the queue.