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NASA set for upcoming Mars mission to seek signs of ancient life on the red planet
Just three weeks ahead of liftoff, NASA and launch provider United Launch Alliance (ULA) announced that NASA’s Mars 2020 rover, Perseverance, and its Martian helicopter sidekick, Ingenuity, were mated with the Atlas V 541 rocket that will kick off the seven-month journey to the Red Planet. The precious cargo encapsulated inside of a protective payload fairing was carefully hoisted by crane operators to rest atop the Atlas V rocket. The payload joins the Atlas V common core booster, four solid rocket boosters, and the Centaur upper stage to achieve the stack’s final flight configuration height of 197 feet (60 meters).
The United Launch Alliance (ULA) payload fairing with NASA’s Mars 2020 Perseverance rover secured inside is positioned on top of the ULA Atlas V rocket inside the Vertical Integration Facility (VIF) at Space Launch Complex 41 at Cape Canaveral Air Force Station in Florida on July 7, 2020. (Image Credit: NASA/Kim Shiflett)
The final stacking procedure was completed inside of the Vertical Integration Facility (VIF) at Cape Canaveral Air Force Station’s Space Launch Complex 41 (SLC-41). The rocket and payload will remain inside the protective structure and complete final check out tests until it is time quite literally roll to the launchpad. Crane operators first set down the payload for a soft touch to begin final full physical and electrical connection. The spacecraft and rocket will undergo integrated electrical testing as well as a battery of other tests as separate spacecraft and simultaneously as one complete unit.
On Friday (July 10), ULA president and chief executive officer, Tory Bruno, stated on Twitter that the Integrated Systems Test (IST) had been completed successfully. According to a previous mission statement posted to the ULA blog site, the IST is a typical pre-launch run down of the various connected systems between the spacecraft and launch vehicle to “verify proper functionality of launch vehicle systems, (and) conduct a simulated countdown and run through the launch sequence.”
The launch vehicle and integrated payload will remain inside the VIF undergoing mission-specific activities and final system checkouts over the next two weeks. Once all pre-flight activities have been successfully completed, approximately two days ahead of the scheduled launch attempt, the entire stack located on top of the Mobile Launch Platform will make the 1,800ft (550 meters) trip to the SLC-41 launchpad which will take about forty-minutes on a modified railway.
Known as an astrobiology mission and outfitted with seven instruments, the Perseverance rover will conduct new science, sample collection, and test new technology in search of ancient microbial life on the distant planet. The rover will spend the length of one Martian year – two Earth years – exploring the region around its landing site. It will collect and cache samples of the Martian surface to possibly be collected and returned to Earth by future joint missions currently under consideration by NASA and the European Space Agency.
The first interplanetary helicopter, Ingenuity, is a small 4-pound (1.8 kilograms) autonomous solar-powered aircraft that will conduct a series of experimental test flights. Ingenuity is traveling to Mars solely for a demonstrative mission and is not connected to the Perseverance rover by any means other than hitching a ride to the Red Planet. The new technology will demonstrate an ability to create lift in the thin atmosphere and lower gravity environment of Mars to help inform future aerial exploration and science delivery missions.
Currently, NASA and ULA are targeting the launch of the interplanetary mission on July 30th at 7:50 am EDT/4:50 PDT. Should they be necessary, multiple backup launch opportunities are available until the close of the interplanetary launch window on August 15th. Regardless of the launch date, after a seven-month-long, 290 million mile (467 million kilometers) journey – the rover and helicopter will arrive at Mars’s Jezero Crater, the home to an ancient Martian river delta, for a landing attempt on February 18, 2021. The landing date is perhaps even more crucial than the launch date as mission planners must take into account landing site lighting and temperature conditions and the locations of Mars-orbiting satellites required to relay crucial mission-specific information back to Earth.
Should the launch have to abort, and the 2020 window is missed completely, the robots will have to wait until 2022 when Earth’s orbit lines up just right with that of Mars, and the next interplanetary launch window opens up.
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’
