News
Rocket Lab announces next launch, will attempt first stage recovery
Rocket Lab is expected to launch seven satellites from Launch Complex 1 on the Mahia Peninsula in New Zealand. This will be the 39th overall mission and the seventh of the year.
Following up on their most recent launch, the debut of HASTE, Rocket Lab announced they will launch the “Baby Come Back” mission no earlier than July 14th.
The countdown to our next Electron launch from LC-1 is on – mark your calendars for July 14 UTC! ?️
In the meantime, we’re working a parallel launch campaign for the mission *after* this, with launch rehearsals now underway for our ?40th? Electron mission. pic.twitter.com/jtszMSf4Bo
— Rocket Lab (@RocketLab) June 29, 2023
NASA will fly four CubeSats dubbed the Starling mission and will test technologies for future multiple spacecraft missions. This small swarm of satellites will test in-space communications, navigation, and maneuvers between the spacecraft. Proving out this technology will allow NASA to apply these capabilities to future swarm satellite constellations on future missions.
Spire has two 3U CubeSats on board which will carry Global Navigation Satellite System Radio Occultation (GNSS-RO) payloads. These two satellites will be used to replenish the fully deployed constellation of more than 100 multipurpose satellites. The satellites provide global weather intelligence that is used to improve the accuracy of forecasts. Spire is the largest producer of GNSS-RO data.
The final satellite payload on this mission is the Telesat LEO 3 demonstration satellite. Built by Space Flight Laboratory. the LEO 3 satellite will replace the decommissioned LEO 1 satellite and allow Telesat to continue its test campaign of the Telesat Lightspeed constellation.
Rocket Lab will also attempt to recover the first stage of the mission, hence the name “Baby Come Back.” This will be the 2nd recovery attempt of the year after previously successfully recovering the first stage during their 35th mission, “The Beat Goes On.”
Back-to-back launch campaigns are underway at LC-1 as we prepare for our 39th and 40th Electron missions. #BabyComeBack #WhatShouldWeCallNumber40 pic.twitter.com/oYAdOjTxnO
— Rocket Lab (@RocketLab) July 3, 2023
Following stage separation, the Electron first stage will use Reaction Control Thrusters to orient itself as it travels back through the dense atmosphere. Unlike the Falcon 9, the Electron does not perform an entry burn or landing burn. Instead, the RCS thrusters make sure the first stage is positioned to best handle the heating and pressures applied and then, at the correct altitude, will deploy a parachute before an eventual soft touchdown in the ocean, where it will be recovered by ship.
Disclosure: Richard Angle is not an RKLB shareholder.
Questions or comments? Shoot me an email at rangle@teslarati.com, or Tweet me @RDAnglePhoto.
Investor's Corner
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
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 massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 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.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Elon Musk
Tesla is about to make parking in busy lots less stressful than ever
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
News
Tesla starts preparing for Optimus in its smartphone app
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
