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NASA confirms SpaceX will become the first private company to send astronauts to the space station
NASA has unambiguously confirmed that SpaceX – with its Crew Dragon spacecraft – will soon become the first private company in history to launch astronauts to the International Space Station (ISS), both an unexpected twist from the usually tight-lipped space agency and a major upset for Boeing.
Shortly after revealing that the first astronaut-rated Crew Dragon capsule had been completed and shipped eastward, SpaceX and NASA confirmed that the historic spacecraft arrived at SpaceX’s Florida processing facilities on Thursday, February 13th. With that milestone out of the way, it’s now believed that all the hardware needed for SpaceX’s ‘Demo-2’ astronaut launch debut – Falcon 9 booster B1058, a Falcon 9 upper stage, Crew Dragon capsule C206, and a Crew Dragon trunk – is finished, acceptance-tested, and preparing for flight in Cape Canaveral, Florida.
Extremely out of character for NASA given that Crew Dragon Demo-2 is expected to launch no earlier than two or three months from now, the space agency’s public statement that SpaceX will launch astronauts first simultaneously implies bad news for Boeing and its Starliner spacecraft. Contracted under the Commercial Crew Program in 2014, Boeing – awarded $5.1B – and SpaceX – awarded $3.1B – have been working to build two separate crew launch vehicles (Starliner and Crew Dragon) with the intention of ferrying NASA astronauts to and from the International Space Station (ISS). While both providers have had their own challenges, Boeing has been beset by numerous software failures born out during Starliner’s December 2019 orbital launch debut.
The Commercial Crew account has since deleted its tweet and NASA’s accompanying blog post – linked in said tweet – was tweaked to reflect a slightly different interpretation, but the original text unequivocally stated that “the SpaceX Crew Dragon spacecraft [assigned to] the first crew launch from American soil since 2011 has arrived at the launch site.” Given that both the tweet and blog post contained that exact same phrase, the fact that NASA retroactively censored and corrected itself strongly suggests that SpaceX will, in fact, become the first private company in history to launch astronauts into orbit.
NASA has a fairly notorious and years-long history of going well out of its way to avoid saying or implying anything that could be perceived as even slightly critical of Boeing. A prime contractor dating back to the first stage of the Saturn V rocket, Boeing has effectively secured billions of dollars of NASA’s annual budget and possesses deep political sway thanks in large part to the revolving doors between industry and government and the hundreds of millions of dollars it has spent on lobbying over the last two decades.
More recently, Boeing’s Starliner spacecraft suffered several major software-related failures during its December 2019 Orbital Flight Test, narrowly avoiding a second “catastrophic” failure mode solely because a separate software failure 48 hours prior forced the company to reexamine its code. In simple terms, both software failures probably should and could have been caught and fixed before launch if even a semblance of routine digital simulations and integrated vehicle testing had been performed by Boeing.
Unsurprisingly, NASA – at least after the fact – is now extremely concerned by the lack of such a basic and commonsense level of quality control in Boeing’s Starliner software pipeline. Even NASA, arguably, could and should have been attentive enough to catch some of Boeing’s shortcomings before Starliner’s launch debut. Adding to the embarrassment, NASA performed a “pretty invasive” $5M review of SpaceX’s safety practices and general engineering culture last year, triggered (not a joke) after CEO Elon Musk was seen very briefly smoking on a recorded interview. As part of regulations for the Commercial Crew Program, NASA was obligated to perform a similar review of Boeing’s safety culture, but the contractor demanded that NASA pay five times more – $25M – for the same thing.
NASA unsurprisingly balked at Boeing’s demands and wound up performing a more or less symbolic “paper” review that typically involves ‘auditing’ paperwork supplied by the company itself. Despite the fact that Boeing would soon find itself mired in two fatal 737 Max crashes, killing 346 people as a result of shoddy software, an unreliable design, and bad internal communication, NASA still never pursued a similar safety review with Boeing. Now, only after a nearly-catastrophic in-space failure, NASA has finally decided that that safety review is necessary, while both NASA and Boeing will also have to extensively review all Starliner software and fix the flawed practices used to create and qualify it.
Perhaps most importantly, NASA and Boeing need to determine whether Starliner’s software failures were a one-off fluke or something symptomatic of deeper problems. Due to that uncertainty and the massive amount of work that will be required to answer those questions, it’s almost certain that Boeing will have to perform a second uncrewed Starliner test flight for NASA to verify that its problems have been rectified. A second OFT would almost certainly delay Boeing’s astronaut launch debut by 6-12 months. SpaceX’s astronaut launch debut, for example, was delayed at least 9 months after a Crew Dragon capsule exploded during thruster testing after a flawless orbital launch and recovery.
As a result, even though SpaceX’s Crew Dragon ‘Demo-2’ astronaut launch debut is likely more than two months away, even some part of NASA – famous for incredibly neutral and conservative public statements – appears to be all but certain that SpaceX will launch astronauts first. As of February 13th, 2020, all Demo-2 Falcon 9 and Dragon hardware is likely finished and awaiting integration in Florida. If things go as planned over the next several weeks, Falcon 9 and Crew Dragon could launch astronauts Bob Behnken and Doug Hurley as early as late-April or May 2020.
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Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.
Ferrari Luce sold out for 2027 after design controversy
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
