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.
Investor's Corner
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
Investor's Corner
Google’s massive stake in SpaceX will shock you
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.