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NASA funds study on SpaceX BFR as option for massive space telescope launch
Speaking at the Exoplanets II conference in Cambridge, UK July 6th, geophysicist and exoplanet hunter Dr. Debra Fischer briefly revealed that NASA had funded a study that would examine SpaceX’s next-gen BFR rocket as an option for launching LUVOIR, a massive space telescope expected to take the reigns of exoplanet research in the 2030s.
Conceptualized to follow in the footsteps of NASA’s current space telescope expertise and (hopefully) to learn from the many various mistakes made by their contractors, the LUVOIR (shorthand for Large UV/Optical/IR Surveyor) concept is currently grouped into two different categories, A and B. A is a full-scale, uncompromised telescope with an unfathomably vast 15-meter primary mirror and a sunshade with an area anywhere from 5000 to 20000 square meters (1-4 acres). B is a comparatively watered-down take on the broadband surveyor telescope, with a much smaller 8-meter primary mirror, likely accompanied by a similarly reduced sunshade (and price tag, presumably).
Debra Fischer: NASA is funding study on launching LUVOIR with SpaceX's BFR.
Primary option still SLS Block 2, but if it isn't ready there are private sector alternatives.#Exoplanets2
— Ryan MacDonald (@MartianColonist) July 6, 2018
Remember, this is a space telescope that would need to fit into the payload fairing of a rocket, survive the launch into orbit, and then journey nearly one million miles from Earth to its final operational destination, all before deploying a mirror and starshade as large or larger than Mr Steven’s SpaceX fairing recovery net. The James Webb Space Telescope (JWST), a rough successor to Hubble with a 6.5-meter primary mirror, is the only space telescope even remotely comparable to LUVOIR, and it has yet to launch after suffering a full decade of delays and almost inconceivable budget overruns. All we can do is hope that Northrop Grumman (primary contractor for JWST) is kept away from future giant space telescopes like LUVOIR.
LUVOIR A is pictured here with a 15-meter mirror and absolutely vast sunshade, roughly 80-100m long. (NASA)
The rocket problem
Nevertheless, the sheer scale of LUVOIR brings us back to an existential problem faced by all space telescopes – how to get into space in the first place. In this case, JWST offers a small taste of what launching such a large telescope requires, although it only truly applies the 8m LUVOIR B. The reason LUVOIR’s conceptual design was split into two sizes is specifically tied to the question of launch, with LUVOIR B’s 8m size cap dictated by the ~5 meter-diameter payload fairings prevalent and readily available in today’s launch industry.
https://twitter.com/Shamrocketeer/status/821799890942652417
LUVOIR A’s 15-meter mirror, however, would require an equally massive payload fairing. At least at the start, LUVOIR A was conceptualized with NASA’s Space Launch System (SLS) Block 2 as the launch vehicle, a similarly conceptual vehicle baselined with a truly massive 8.4 or 10-meter diameter payload fairing, much larger than anything flown to this day. However, the utterly unimpressive schedule performance of the SLS Block 1 development – let alone Block 1B or 2 – has undoubtedly sown more than a little doubt over the expectation of its availability for launching LUVOIR and other huge spacecraft. As a result, NASA has reportedly funded the exploration of alternative launch vehicles for the A version of LUVOIR – SpaceX’s Cargo BFR variant, in this case.
While only a maximum of 9 meters in diameter, the baselined cargo spaceship’s (BFS Cargo) payload bay has been estimated to have a usable volume of approximately 1500 cubic meters, comparing favorably to SLS’ 8.4 and 10-meter fairings with ~1000 to ~1700 cubic meters. The more traditional SLS fairing may offer more flexibility for minimizing complex deployment mechanisms for large telescopes (a sore spot for JWST), but SLS Block 2 is almost entirely up in the air at the moment, and liable to cost $5-10 billion alone to develop even after SLS Block 1 is flying (NET mid-2020). On the other hand, barring abject and total failure, SpaceX’s BFR rocket and spaceship could have many, many launches under its belt and a proven track record of reliability, whereas SLS Block 2 is unlikely to fly more than a handful of times ever, even if it gets built.
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- NASA/Boeing’s SLS overview, showing the different Blocks planned. Currently Block 1’s first launch is NET mid-2020, while future variants are likely years away from launch. (NASA)
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- The cargo version of the BFS (Big F- Spaceship) rendered by David Romax, including a number of educated guesses at what it might look like and how it might function. At the request of a friend, artist David Romax put together a truly jaw-dropping collection of concept art featuring SpaceX’s BFR rocket and its Cargo and Crew spaceships. (Gravitation Innovation/David Romax)
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- BFR prepares for launch as the sun sets over the upgraded LC-39A, built off a concept of the future modifications included in SpaceX’s 2016 and 2017 video updates. At the request of a friend, artist David Romax put together a truly jaw-dropping collection of concept art featuring SpaceX’s BFR rocket and its Cargo and Crew spaceships. (Gravitation Innovation/David Romax)
With any luck, the results of the LUVOIR SpaceX BFR launch analysis will make their way into the public sphere once the study is completed, perhaps revealing a few tidbits about the capabilities of the next-generation composite rocket. Another astrophysicist familiar with the project also noted that Blue Origin was firmly in the running of similar conceptual launch studies, hinting at a potential competition for commercial launches of each company’s massive future rockets.
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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’
