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SpaceX tracks towards first launch of 2019 with flight-proven Falcon 9 static fire
SpaceX has completed a Falcon 9 static fire test ahead of the company’s first launch of 2019, kicking off what is looking to be a truly jam-packed year for Falcon 9 and BFR. Most important, of course, is SpaceX’s primary business and main sources of revenue – safely and reliably launching customer satellites, payloads, and – soon – astronauts into orbit.
Previously tasked with launching heavy communications satellite Telstar 18V in September 2018, Falcon 9 B1049 is now set to launch an arguably historic mission for both SpaceX and customer Iridium, the eighth and final contracted launch of the upgraded Iridium NEXT satellite communications constellation.
Static fire test of Falcon 9 complete. Working with customer to determine best launch opportunity to complete the Iridium NEXT constellation; will announce targeted launch date once confirmed.
— SpaceX (@SpaceX) January 6, 2019
Struck all the way back in June 2010, Iridium’s decision to award the full NEXT constellation launch contract to SpaceX less than two weeks after Falcon 9’s first and only launch may well be the greatest calculated leap of faith in the history of commercial spaceflight. SpaceX did admittedly offer an unbeatable price ($492M for eight launches, $61.5M per launch) that may have allowed Iridium to afford a new constellation in the first place, but the risk Iridium took was truly immense at the time.
Originally launched between 1997 and 1998, the first Iridium constellation became and still remains the only satellite communications constellation in history to offer global and persistent coverage anywhere on Earth, allowing those with Iridium devices to guarantee connectivity no matter where they are. To some extent, the original constellation has become a subtle but omnipresent backbone of a huge variety of ventures, companies, and services, ranging from marine vessel tracking and emergency response to the go-to solution for those heading far off the beaten path. As just one small example, SpaceX’s large fleet of sea-going vessels and its cross-country transport infrastructure both rely on Iridium for streamlined company-wide movement tracking, making life considerably easier for logistics and planning teams.
@SpaceX #falcon9 vertical at SLC-4. Iridium NEXT-8 slated for 01/08 from #VandenbergAFB. #spacex #iridium pic.twitter.com/uJBIgG5Lrp
— Brian Sandoval (@sandovalphotos) January 6, 2019
Iridium’s decision to use SpaceX for its NEXT constellation likely also gave SpaceX a massive stature boost, taking it from the company with just a handful of commercial contracts that had failed three of its last five launches to the company that secured what was at the time the largest single commercial launch contract in history. Alongside NASA’s Commercial Orbital Transport Services (COTS) and Resupply Services (CRS) commitments (~14 launches as of 2010), Iridium NEXT raised SpaceX’s commercial manifest from perhaps 2 missions to ~10 while also taking the value of those contracts from an almost negligible sum to well over half a billion dollars.
Although SpaceX and Iridium originally planned for launches to take place over a roughly 24-month period stretch from 2015 to 2017, unplanned technical delays and a duo of catastrophic Falcon 9 failures (CRS-7 and Amos-6) in 2015 and 2016 ultimately pushed Iridium NEXT’s launch debut back several years. Despite those immense hurdles and a range of smaller issues, SpaceX and Iridium were finally able to begin launching satellites in January 2017 and have continued to consistently do so every 3-4 months since then. Aside from one partial NASA rideshare mission that featured five NEXT satellites in May 2018, all seven launches have placed ten NEXT satellites (weighing approx. 10,000 kg or 22,000 lb total) in a variety of low polar orbits without a single known hitch.
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- A rare glimpse inside SpaceX’s SLC-4 rocket integration hangar, January 2017. (SpaceX)
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- Iridium-7’s Falcon 9 payload fairing, July 2018. (Pauline Acalin)
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- LEO communications satellites like Iridium’s NEXT constellation feature totally flat panels of phased array antennas, capable of forming beams digitally. (Harris)
Falcon 9 enters the era of reusability
Closely following SES, NASA, and SSL (BulgariaSat), Iridium also became the fourth commercial entity to launch on a flight-proven Falcon 9 rocket for the launch vehicle’s fourth flight-proven mission ever. Iridium-8 will become the fourth constellation launch to fly aboard a sooty Falcon 9 rocket, meaning that a full 50% of the next-gen satellites will have launched on reused rockets, easily one of the coolest bragging rights ever. Currently standing at 65 NEXT satellites in orbit and rapidly nearing operational status, Falcon 9 B1049 and a fresh upper stage will (fingers crossed) place the last ten satellites in orbit to complete the constellation’s last plane and seal the last gap in its perfect global coverage.
Although NEXT would have been valuable for the sole reason that its predecessor satellites are now 5-10 years past their designed lifespans, NEXT will also serve to dramatically increase Iridium’s overall bandwidth, slash concurrent user bottlenecks, and provide a platform for new services like Aireon, which hopes to become the first operator of a truly commercial aircraft tracking service with global satellite-based coverage.
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- Falcon 9 B1041.2 seen before launching Iridium-5. (Pauline Acalin)
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- Iridium-1’s successful and scenic landing on Pacific drone ship JRTI, January 2017. This could be an increasingly rare occurrence in the Pacific, thanks to SpaceX’s new land-based landing zone. (SpaceX)
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- 2017 saw SpaceX recovery 10 Falcon 9 first stages, 5 by sea. (SpaceX)
All things considered, it will be hugely bittersweet to watch Iridium and SpaceX’s direct relationship come to a close with the launch of Iridium-8. Aside from nine additional on-orbit spares once all 75 are launched, Iridium will also have a complement of six more spares that will be kept in storage on the ground until they are required in orbit. If or when those times come, SpaceX will be able to compete with other launch providers for the opportunity to carry maybe one or two Iridium satellites – likely as rideshare payloads – into orbit sometime in the future.
Iridium open to rideshares for spare satellite launches https://t.co/ino39oWCHw pic.twitter.com/56PTcaEMW3
— SpaceNews (@SpaceNews_Inc) January 4, 2019
In the meantime, stay tuned for Iridium-8’s official launch time and date, likely to be announced by SpaceX sometime within the next 24-48 hours.
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
