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Relativity Space “closer and closer” to first launch of a fully 3D-printed rocket
Relativity Space, a Long Beach, California-based aerospace startup, aims to alter the manufacturing process of rockets forever by 3D-printing almost every piece of their orbital-class Terran rockets.
The company was co-founded in 2015 by CEO Tim Ellis (departing Blue Origin) and Jordan Noone (departing SpaceX), with both engineers leaving their positions at these industry giants with one goal in mind: build and launch the world’s first 3D-printed orbital rocket.
In the last two and a half years, the startup has managed to raise nearly $1.3 billion through private investors including Baillie Gifford, Blackrock, BOND, Fidelity, General Catalyst, and Mark Cuban. That amount of investment makes Relativity one of the most valuable and best-funded private aerospace companies in recent history – second only to Elon Musk’s SpaceX, which has raised more than $7.7 billion in about a decade.
Relativity’s rocket manufacturing facility, “The Factory of the Future,” is located in Long Beach, California, and is home to Stargate – the world’s largest 3D printer. According to Ellis, Stargate is capable of printing virtually all of the parts required for the world’s first 3D-printed rocket, Terran 1, and the first fully reusable 3D-printed rocket, Terran R, from raw material to flight in just 60 days. To accomplish that unprecedented feat and create the largest metallic 3D-printed structures ever attempted, Relativity has developed multiple proprietary alloys.
Beyond its extremely exotic manufacturing approach, Terran 1 is a fairly standard two-stage rocket primarily designed to launch small satellites to low Earth orbit (LEO). The first stage is powered by nine Aeon 1 engines, each producing around 23,000 pounds of force (100 kN) at launch and 25,400 lbf (113 kN) in the vacuum of space. The engine is powered by liquid methane (LCH4) and liquid oxygen (LOx) and is made out of several proprietary 3D-printed alloys. The second stage is powered by one Aeon 1 Vacuum engine capable of producing up to 28,300 lbf (126 kN) of thrust in a vacuum thanks to a much larger nozzle. Terran 1 is designed to carry up to 1,250 kilograms to a very low Earth orbit (LEO).
Relativity is growing quickly and has expanded to nearly 600 employees in just a few years. Aside from their headquarters and manufacturing facility in Long Beach, CA, Relativity has planted their flag at Cape Canaveral Space Force Station (CCSFS), where it’s developing Launch Complex 16 (LC-16) for Terran 1 and Terran R. There, a team of infrastructure engineers and technicians are currently building the launch facilities that will support Terran 1’s launch debut. A separate team at Mississippi’s NASA Stennis Space Center is continually testing the startup’s engines and rocket stages.
In a recent tweet, CEO Tim Ellis revealed that the company had completed a record nine successful Aeon engine tests in a single day. The CEO also stated that stage integration for Terran 1’s launch debut was making “amazing progress.”
Relativity had previously planned for Terran 1’s first launch to take place by the end of 2021. That debut has since slipped to “early 2022”, while the company hopes its far larger reusable Terran R rocket will debut in 2024.
Relativity was recently selected by NASA to be one of 12 companies to provide launch services for the agency’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions, providing new opportunities for more risk-tolerant science and technology payloads and fostering a growing U.S. commercial launch market. “The VADR contract will provide a broad range of Federal Aviation Administration-licensed commercial launch services capable of delivering payloads ranging from CubeSats to Class D missions to a variety of orbits. These small satellites and Class D payloads tolerate relatively high risk and serve as an ideal platform for technical and architecture innovation, contributing to NASA’s science research and technology development.”
Elon Musk
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.
Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.
🚨 Our LIVE updates on the Tesla Earnings Call will take place here in a thread 🧵
Follow along below: pic.twitter.com/hzJeBitzJU
— TESLARATI (@Teslarati) April 22, 2026
The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.
The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.
For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.
Elon Musk
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.
Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”
Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.
Credit: TESLA
Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.
As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.
As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.
Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.
Tesla Q1 2026 Earnings Results
Tesla’s Earnings Results are as follows:
- Non-GAAP EPS – $0.41 Reported vs. $0.36 Expected
- Revenues – $22.387 billion vs. $22.35 billion Expected
- Free Cash Flow – $1.444 billion
- Profit – $4.72 billion
Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.
On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.
Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q1 2026 Earnings Call at 4:30pm CT https://t.co/pkYIaGJ32y
— Tesla (@Tesla) April 22, 2026
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
