News
NASA wants SpaceX to dock Dragons at new Russian space station ‘node’
State media agency RIA says that NASA and Roscosmos are negotiating an agreement that would eventually allow SpaceX Dragon spacecraft and other future visiting vehicles to dock to a new Russian ‘node’ module recently installed on the International Space Station (ISS).
Prichal – Russian for “pier” – was successfully launched into orbit on a Soyuz 2.1 rocket on November 24th. A tug derived from the space agency’s uncrewed Progress resupply ship delivered the decade-old module to the ISS two days later, culminating in a successful docking on November 26th. Weighing almost four tons (3890kg/8600lb), Prichal is a 3.3m (~11ft) wide spherical pressure vessel whose sole purpose is to receive visiting cargo and crew vehicles and (in theory) enable further expansion of the space station’s Russian segment.
It remains to be seen if Roscosmos will be able to complete and launch any of several new planned space station modules in time for doing so to still make sense. Aside from a significant amount of uncertainty as to whether Russia will actually continue to support its ISS segment beyond 2030, Roscosmos has had a nightmarish time preparing the last two “new” segments – Prichal and Nauka. Nauka, a habitation and laboratory module, was originally planned to launch in 2007. Only fourteen years later – in July 2021 – did Roscosmos finally manage to finish and launch the module, which then proceeded to perform a long, uncommanded thruster firing that could have easily damaged or destroyed the entire station on the same day it arrived.
Meanwhile, work on Prichal began in 2007 and the module was initially expected to launch in 2013. Concerted development began in 2010 and construction was completed by 2014. Planned to be an extension of Nauka, Prichal was subsequently forced to spend almost seven years in storage before it was finally brought out of the closet and launched in November 2021.
Now, while odds are firmly against Prichal ever supporting another Russian ISS module, the ‘node’ still has plenty of potential operating solely as a docking hub or (per its namesake) a pier. Outfitted with six docking ports, one of which now connects it to Nauka and the rest of the ISS, the other five ports are effectively free to be used by any arriving Russian spacecraft – including Progress cargo ships, Soyuz crew vehicles, and next-generation Orel (Eagle) spacecraft. However, according to Roscosmos and state media outlet RIA, SpaceX’s Crew and Cargo Dragons and other US spacecraft set to use the western International Docking Adapter (IDA) standard could be added to the list of possible tenants.
To allow a spacecraft fitted with IDA to dock to one of Prichal’s four radial “ASP-GB” ports, some kind of adapter would first need to be designed, constructed, launched, and installed. The specifics of that work are likely what’s being “negotiated” – namely how Roscosmos will be compensated for building its portion of that hypothetical adapter. NASA would likely procure and provide a new IDA port, while Russia would build the ASP-GB connection. As is common for the ISS program, compensation would likely come in the form of services rendered rather than a direct payment, with NASA perhaps launching an extra Russian cosmonaut or providing a larger portion of supplies for a set period.
If realized, the addition of a third IDA port at the International Space Station would make life significantly easier for NASA. Even now, with just two spacecraft (Crew and Cargo Dragon) to worry about, NASA is forced to very carefully schedule arrivals and departures and has already had to have SpaceX perform multiple Crew Dragon port relocation maneuvers to prepare for the arrival of other Dragons. In the near future, Boeing’s Starliner spacecraft and semi-annual private Crew Dragon missions to the ISS will also enter the fray, making the scheduling and sequencing of spacecraft arrivals and departures even more challenging.
The US ISS segment really only has two ports still available for conversion to the IDA standard and both are needed to ensure safe, redundant cargo deliveries from uncrewed Cygnus and (as early as next year) Dreamchaser spacecraft throughout the 2020s. Ultimately, that means that an agreement to place a third IDA on the Russian segment is the only clear way NASA can give itself breathing room for the next decade of IDA spacecraft operations.
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’
