News
NASA scrubs first SLS Moon rocket launch attempt
NASA has scrubbed the first attempted launch of its Space Launch System (SLS) Moon rocket after running into multiple issues, one of which could not be solved in time.
The delay is bad news for the tens to hundreds of thousands of tourists who traveled to Cape Canaveral, Florida to witness the launch in person. Worse, by NASA’s own implicit admission, there’s a good chance the main problem SLS encountered could have already been dealt with and rectified in advance of the launch attempt if the space agency had finished testing the rocket earlier this summer.
Ultimately, that omission turned the first SLS launch attempt into more of a continuation of the rocket’s first four wet dress rehearsal (WDR) attempts, none of which ended as expected. NASA engineers will now have to decide how to proceed and whether the SLS rocket can be made ready in time for another launch attempt on September 2nd or 5th. If not, the next opportunity could be weeks away.
As far as SLS test operations go, the August 28/29th launch attempt was fairly ordinary, with the rocket running into multiple issues – a few minor, a few significant, and one identical to a previous problem. The first problem – a hydrogen leak near the SLS rocket’s base – came after a risk of lightning delayed the start of propellant loading by more than an hour. A very similar, if not identical, hydrogen fuel leak had already occurred during official wet dress rehearsal testing in April and July.
That leak was fixed on the fly by properly chilling all related systems, and propellant loading was eventually completed – albeit a few hours late thanks to inclement weather. Shortly after, there were reports of a crack that needed careful analysis. Only later did NASA specify that the suspected crack was in the rocket’s foam insulation rather than its structures, the latter of which could have been a catastrophic problem.
Around the same time, the true showstopper of the day occurred when NASA attempted to chill the SLS Core Stage’s four RS-25 engines, all of which flew several times aboard reusable Space Shuttle orbiters. Three engines performed (mostly) as expected, flowing a bit of liquid hydrogen fuel to cool themselves down, but one – engine #3 – was never able to make progress toward the optimal temperature needed for ignition (~5°C/~41°F). After hours of remote troubleshooting attempts, no progress had been made, and NASA ultimately decided to scrub the launch attempt at T-40 minutes to liftoff.
Over the course of four separate wet dress rehearsal attempts in April and June 2022, NASA was never able to test the core stage’s engine chill capabilities. In a post-scrub press conference, Jim Free – NASA’s Associate Administrator of the Exploration Systems Development Division – revealed that all four engines were warmer than intended, further confirming that skipping a fully nominal wet dress rehearsal was likely a mistake. Clear and present evidence aside, Free stated that he and other executives still believed skipping that test was the right decision, claiming that ending explicit WDR testing reduced the number of times the rocket needed to be moved on its transporter.
Making the situation even harder to explain, Artemis I Mission Manager Mike Sarafin revealed in the conference Q&A that Boeing had changed the design of parts of the SLS engine chill (bleed) system after the Core Stage finally conducted a nominal static fire test at Mississippi’s Stennis Space Center. Completed in March 2021, the SLS rocket then sat inside NASA’s Kennedy Space Center, Florida Vehicle Assembly Building (VAB) for a full year before attempting its first wet dress rehearsal tests at the launch pad.
The first round of three WDRs were not as smooth as NASA expected and instead uncovered three relatively small issues: a hydrogen leak, a single faulty upper stage valve, and problems with a ground supply of nitrogen gas. Those small issues led NASA to roll SLS back to the VAB for repairs, incurring a minimum multi-week delay that stretched into two months. SLS also failed to complete a fourth WDR attempt in July 2022, but NASA decided to overlook the rocket parts and phases of preflight operations that were never actually tested as planned, one of which was the engine chill system.
If NASA cannot fix the RS-25 chill system within the next few days, it will be forced to roll the entire rocket and mobile launch platform back to the VAB to – at a minimum – replace its flight termination system (FTS). The US Eastern Range requires that all rocket FTS systems be tested no more than 15 days before launch, and NASA was able to secure special permission for a gap of up to 25 days. However, because Boeing’s Core Stage design places the FTS system in a location that is reportedly inaccessible at the pad, the entire SLS rocket will need to roll back to the VAB to have its FTS systems “retested” after that period.
As a result, NASA’s SLS launch debut will be delayed by several weeks (at best) if it can’t recycle for another attempt on September 2nd or 5th. The next window runs from September 20th to October 4th, but the SLS rocket took 10 days to go from its latest rollout to first launch attempt – a figure that doesn’t include the time required to remove the rocket from the pad, roll it back to the VAB, and conduct any necessary repairs or tests while back in the bay. If NASA can’t fix the engine problem at the pad by September 3rd or 4th, the true delay could be more like 4-6 weeks.
With any luck, that won’t happen, but it’s clear that a lot of stress and discomfort could have been avoided if NASA had gone into its first launch attempt knowing that its SLS rocket was truly ready.



Elon Musk
SpaceX has solved Starship’s biggest challenge, Elon Musk says
Elon Musk has declared that SpaceX has effectively solved one of Starship’s most persistent engineering challenges: the reliability of its heat shield tiles.
During the company’s first-ever Earnings Call, the SpaceX CEO stated:
“I don’t want to jinx it or anything, but I think I would call the heat shield problem solved at this point. All indications from data and visual inspection is we have solved it. That doesn’t mean we won’t make improvements, but we do not see any technical obstacles to achieving rapid reusability at this point.”
Starship’s heat shield consists of roughly 18,000 hexagonal ceramic tiles covering the windward side of the upper stage. These tiles form the thermal protection system that shields the vehicle’s stainless-steel structure from the extreme heat of atmospheric reentry.
Elon says he believes the heat shield problem with Starship is currently solved.
He called it “arguably the single biggest problem” pic.twitter.com/eEE9vM5zlz
— TESLARATI (@Teslarati) August 4, 2026
During descent, atmospheric friction generates temperatures exceeding several thousand degrees Celsius and creates plasma flows capable of melting unprotected metal. The tiles absorb, radiate, and insulate against this energy, allowing the vehicle to survive and potentially fly again. Without a durable heat shield, full and rapid reusability, the cornerstone of Starship’s design for frequent launches, satellite deployments, and deep-space missions, would remain impossible.
The tiles have long been a source of difficulty. On earlier test flights, a significant number of tiles detached during ascent due to vibration, aerodynamic loads, and imperfect attachment methods using pins and adhesives. Gaps between tiles allowed hot plasma to infiltrate, causing secondary damage and hot spots on the underlying structure.
These issues echoed challenges faced by NASA’s Space Shuttle, whose ceramic tiles required extensive, labor-intensive inspections and replacements between missions, preventing rapid turnaround. SpaceX has iteratively improved materials, standardized tile shapes, refined attachment techniques, added secondary ablative layers, and tested sealing methods such as “crunch wrap” felt to close gaps.
Progress was visible across Flights 10–12, with steadily better tile retention, yet questions remained about whether the system could support the minimal-refurbishment goal of rapid reuse.
Flight 13 on July 24 provided the decisive evidence. Ship 40 flew a deliberately more demanding profile with higher dynamic pressure to stress the heat shield beyond typical operational loads. It successfully deployed 20 operational Starlink V3 satellites, the first such payload on a Starship mission, performed an in-space Raptor engine relight, and executed a controlled reentry.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Cameras on six of the satellites and onboard sensors captured extensive imagery and data of the shield throughout the flight. The ship then achieved its softest splashdown to date in the Indian Ocean, remaining intact and floating rather than breaking apart or exploding as on prior missions. This allowed drone inspections and continuous telemetry of the heat shield in near-real time.
Post-flight analysis showed the majority of tiles remaining attached with only minor damage and limited plasma streaking at seams. Musk noted that the mission delivered “all the heat shield data we needed and then some.” Combined with visual inspections, these results underpinned his subsequent assessment that the core technical barriers to rapid reusability have been cleared. While refinements will continue, Flight 13 marked a pivotal step toward Starship’s operational future.
News
SpaceX is coming for wireless giants with Starlink Mobile
SpaceX COO Gwynne Shotwell outlined ambitious plans for Starlink Mobile during the company’s August 4 Earnings call, signaling a direct challenge to U.S. wireless giants like AT&T, T-Mobile, and Verizon.
Shotwell noted that the three companies generate roughly $600 billion in combined annual revenue. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” she said. “We will eliminate dead zones leveraging the satellites in orbit. It will be better during any natural disaster… I’m quite excited about Starlink Mobile.”
SpaceX President & COO Gwynne Shotwell on @Starlink Mobile and its impact on Verizon, AT&T and T-Mobile:
“Roughly, between them, $600 billion a year. I anticipate us to be able to acquire quite a few of their customers. Our service will be better. We will eliminate dead zones… pic.twitter.com/UYZUkrGc0L
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
SpaceX intends to combine its satellite constellation with terrestrial infrastructure. The company has acquired about 65 MHz of spectrum from EchoStar and plans to deploy next-generation Starlink Mobile satellites in 2027, with upgraded service targeted for the end of that year.
Shotwell described the enhanced network, leveraging more satellites and spectrum, as potentially “100 times better” than the current direct-to-cell offering, which already supports basic texting and app-based voice/video in coverage gaps through partnerships. She also indicated plans for low-cost cellular base stations that could integrate with existing Starlink dishes, creating a hybrid system for broader capacity in urban, suburban, and rural areas.
For the general public, Starlink Mobile promises significant advantages. Satellite connectivity can fill gaps where traditional cell towers fail, delivering service in remote locations, mountains, or during outages caused by storms, wildfires, or infrastructure damage—conditions in which ground networks often collapse.
Users could enjoy more consistent coverage without relying solely on dense tower builds, potentially at competitive prices as SpaceX scales. The hybrid approach aims to support full mobile services, including higher-speed data, while working with unmodified smartphones over time.
These developments revive long-standing but unfounded rumors of a Musk-developed “Tesla phone.” Speculative claims of a “Pi Phone” or similar device with built-in Starlink connectivity have circulated for years on social media, often featuring fabricated images and details. Elon Musk has repeatedly denied any such plans, stating Tesla has no intention of entering the smartphone market unless forced by extreme circumstances with app stores.
No official product, filings, or development announcements have ever materialized; the rumors remain hoaxes.
The announcement quickly pressured telecom stocks. Shares of AT&T, Verizon, and T-Mobile fell between roughly 2 and 4 percent in after-hours and premarket trading as investors weighed the competitive threat from a hybrid satellite-terrestrial network.
While execution challenges remain—spectrum deployment, infrastructure rollout, and regulatory hurdles—Shotwell’s remarks mark SpaceX’s clearest signal yet of entering the consumer mobile market as a full competitor.
Investor's Corner
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years.
Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers ultimately “went broke.”
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, in the largest IPO on record, pricing at $135 per share. Shares quickly surged to an all-time high of $225.64 just days later, briefly implying a valuation exceeding $2 trillion. The stock has since retreated sharply amid valuation concerns, lockup expiration fears, and broader market dynamics.
By early August, it traded near $108–$125, representing a roughly 50 percent decline from the peak and bringing the market capitalization closer to the $1.5–1.7 trillion range. On August 4, shares closed up more than 9 percent at $125.33 ahead of earnings before facing pressure in after-hours and premarket trading.
Short interest has climbed dramatically. According to S3 Partners data widely cited in market reports, short positions reached approximately 219.3 million shares by late July, about 34 percent of the limited public float of roughly 640 million shares, and represented a notional value of around $24.6 billion.
Utilization of shares available to borrow hit 95 percent, with borrow fees rising. This level of shorting exceeded the dollar value of short bets against Tesla at the time and built rapidly ahead of two catalysts: the company’s first post-IPO earnings and an August 6 lockup expiration that could free up to 911.5 million additional shares.
CEO Elon Musk has issued warnings of his own. In mid-July, as short interest approached one-third of the float, he posted that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” reiterating his view that the company could ultimately be worth more than Earth if it achieves its goals.
On August 4, just before earnings, Musk responded to the latest short-interest data by saying, “I try to warn them, but they just double down.”
SpaceX delivered its first quarterly results as a public company after the close on August 4. Second-quarter revenue rose 92 percent year-over-year to $7.8 billion, beating consensus estimates near $6.8–6.9 billion.
The net loss narrowed to $541 million, or 9 cents per share, better than the roughly 23–24 cent loss expected. Starlink/connectivity contributed about $4.3 billion (up 66 percent), while the AI business generated $2.6 billion (up roughly 250 percent). Capital expenditures were heavy at $18.4 billion, largely tied to AI infrastructure. Management projected a $100 billion annualized revenue run rate by year-end 2026 and outlined a path toward $1 trillion in annual revenue by 2030.
The combination of Chamath’s historical reminder, Musk’s repeated alerts, and the company’s ambitious growth targets underscores the high-stakes debate surrounding SPCX. Short sellers are positioned for near-term supply pressure from the lockup, while long-term bulls point to Starlink scale, Starship progress, and AI compute expansion as reasons the bears may ultimately face the same fate as many early Tesla skeptics.

