News
SpaceX’s third Falcon 9 launch in 31 hours aborted by “tiny helium leak”
SpaceX’s third Falcon 9 launch in a little over 31 hours was called off seconds before liftoff after the rocket’s onboard computer detected what Elon Musk says was a “tiny helium leak.”
SpaceX takes “no risks with customer satellites,” per the CEO, so the company has stood down from its October 6th launch attempt to inspect the rocket, analyze data gathered from tonight’s attempt, and ensure everything is in order. Barring surprises, SpaceX will attempt to launch Intelsat’s Galaxy-33 and Galaxy-34 geostationary communications satellites at the next earliest opportunity, a 69-minute window that opens at 7:06 pm EDT (23:06 UTC) on Friday, October 7th.
The abort ends an opportunity SpaceX had to launch three Falcon rockets faster than ever before, but the company was still able to crush a different (internal) record with two Falcon 9 launches in seven hours on October 5th. Thanks to its relentless pursuit of ever-higher launch cadences, SpaceX will likely have many opportunities to break its record of three launches in ~36 hours over the next several months.
Intelsat’s Galaxy-33/Galaxy-34 (G33/G34) mission would have been SpaceX’s third Falcon 9 launch in 31 hours and 20 minutes following the successful October 5th launches of Crew-5 (carrying four astronauts) at 12:00 pm EDT and Starlink 4-29 (deploying 52 Starlink satellites) at 7:10 pm EDT. The hat-trick record for a non-SpaceX vehicle appears to have been previously held by the Soviet R-7 rocket family, which completed three launches in 40 hours in March 1978.
SpaceX broke that record in June 2022 when it launched Starlink 4-19, SARah-1, and Globalstar FM15 a little over 36 hours apart. It will now have to wait for another opportunity to break its own record, though it likely won’t be too long as the company continues to target 60 launches in 2022 and “up to” 100 launches in 2023.
According to a SpaceX launch controller, Falcon 9’s first ill-fated Galaxy-33/Galaxy-34 launch attempt was aborted automatically when the rocket’s flight computer “identified higher than expected cryo helium decay.” SpaceX’s Falcon rockets burn a combination of cryogenic liquid oxygen and chilled rocket-grade kerosene (RP-1), but they carry composite overwrapped pressure vessels (COPVs) filled with high-pressure helium gas to keep their propellant tanks pressurized as they’re drained. If SpaceX’s much larger Starship rocket shares some similarities, the company may also use a system of “helium injection” [PDF] inside Falcon 9 to keep its cryogenic oxygen and chilled kerosene as cold as possible. Musk later simplified the cause of the abort to a “tiny helium leak,” but the location of the leak (inside or outside of the rocket) was not specified.
Two hours before that, the Crew Dragon spacecraft SpaceX launched the day prior successfully docked with the International Space Station (ISS), delivering its ‘payload’ of four professional astronauts to the orbital outpost. One of those passengers is Russian cosmonaut Anna Kikina, marking the first time an American spacecraft has ferried a Russian to the ISS in almost 20 years. That milestone has unfortunately been muddied and overshadowed by the country’s illegal, genocidal, and increasingly suicidal invasion of Ukraine.
Crew-5 is the seventh Crew Dragon to successfully transport astronauts to the ISS and SpaceX’s eighth crewed launch overall since May 2020. Flying for the second time, Crew Dragon capsule C210 docked on its first try after a smooth 29-hour rendezvous. About a week from now, another crew of four astronauts will board a different Crew Dragon spacecraft and return to Earth, handing off the ISS to Crew-5 and ending SpaceX and NASA’s Crew-4 mission.
SpaceX is scheduled to launch at least one more batch of astronauts for NASA in March or April 2023, meaning that the company is expected to singlehandedly ensure NASA access to the ISS for almost three full years. At the start of the Commercial Crew Program and for most of its development, NASA intended for partners SpaceX and Boeing to alternate, but Boeing’s Starliner spacecraft is years behind schedule.
Elon Musk
Trump’s invite for Elon just reshuffled Tesla’s big Signature Delivery Event
Tesla rescheduled its final Model S farewell to May 20 after Musk joined Trump in China.
Tesla has rescheduled its Model S and Model X Signature Edition delivery event to Wednesday, May 20, 2026, after abruptly calling off the original May 12 celebration. The event will take place at Tesla’s factory at 45500 Fremont Boulevard in Fremont, California, the same location where the Model S first rolled off the line in 2012. Invitees received a follow-up email asking them to reconfirm attendance and download a new QR code ticket, with Tesla noting that all travel and accommodation expenses remain the buyer’s responsibility.
The reason behind the original cancellation came into focus the same day it was announced. President Trump invited Elon Musk, Apple’s Tim Cook, BlackRock’s Larry Fink, Boeing’s Kelly Ortberg, and executives from Goldman Sachs, Blackstone, Citigroup, and Meta to join his trip to China this week for a summit with President Xi Jinping. The agenda covers trade, artificial intelligence, export controls, Taiwan, and the Iran war, following weeks of escalating friction between Washington and Beijing over AI technology, sanctions, and rare earth exports. Trump wrote on Truth Social, “I am very much looking forward to my trip to China, an amazing Country, with a Leader, President Xi, respected by all.”
Tesla launches 200mph Model S “Gold” Signature in invite-only purchase
The vehicles at the center of all this are the last Model S and Model X units Tesla will ever build. Priced at $159,420 each, the 250 Model S and 100 Model X Signature Edition units come finished in Garnet Red with a one-year no-resale agreement, giving Tesla right of first refusal if the owner decides to sell. As Teslarati reported, the Model S defined Tesla’s early identity as a serious luxury automaker, and the Fremont factory line that built it is now being converted to manufacture Optimus humanoid robots.
Musk’s inclusion in the China delegation drew attention given his very public relationship with Trump, and the invitation signals the two have moved past and past grievances. Trump originally brought Musk on to lead the Department of Government Efficiency following his inauguration, and despite a sharp public dispute in mid-2025, the two have appeared together repeatedly in recent months. A seat on the China trip, the most diplomatically consequential visit of Trump’s current term, puts Musk back at the table on U.S. economic policy at a moment when Tesla’s China revenue remains one of the company’s most important financial pillars.
Tesla has launched a new solution to a rare but relevant Supercharger problem with a new Virtual Waitlist, a remedy that will solve sequencing confusion when there is a line to charge at one of the company’s locations.
Teslarati reported on what we called the Virtual Queue last month. In rare occurrences, there were physical altercations at Superchargers when someone might have cut in line to charge. Tesla started to develop some sort of system that would resolve this issue, and now it is finally rolling it out.
Tesla launches solution to end Supercharger fights once and for all
It will start with a Pilot Program, and Tesla is calling it the ‘Waitlist.’
Announced on May 11 on the official TeslaCharging X account, the pilot program is currently active at sites in Los Gatos, Mountain View, and San Francisco in California, as well as San Jose, CA, and the Bronx, NY (East Gun Hill Road). Drivers are encouraged to share feedback directly through the Tesla app to refine the system before a potential broader rollout.
We’re now testing a new waitlist feature at 5 Supercharger sites. Share feedback through the Tesla app to help us make it better.
– Los Gatos, CA – Los Gatos Boulevard
– Mountain View, CA – El Monte Avenue
– San Francisco, CA – Lombard Street
– San Jose, CA – Saratoga Avenue
-… pic.twitter.com/epTVzpJxgW— Tesla Charging (@TeslaCharging) May 11, 2026
Tesla released the video above to showcase the feature, which automatically joins the waitlist when your vehicle has the Supercharger with the wait as the destination in the navigation. There is also a notification that lets you know your place in line.
In this specific example, the video shows that the wait is less than five minutes, and that there are two cars ahead of the one in the video:
Credit: Tesla
Having a wait at a Supercharger is relatively rare, but it does happen. It is even more frequent now that there are more EVs allowed to use the Supercharger Network. Those non-Tesla EVs can also join the queue, as Tesla added in its social media release of the pilot program that they can join the waitlist using the Tesla app.
The release of this program should help alleviate the rare risk of incidents at Superchargers. Tesla will expand this program as it sees fit, and it gathers valuable data and reviews from users.
Investor's Corner
Tesla Optimus is already benefiting investors, top Wall Street firm says
Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.
Tesla Optimus is already benefiting investors from a fiscal standpoint, at least that is what Alexander Potter at Piper Sandler, a top Wall Street firm covering the company, says.
Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.
Analyst Alexander Potter, in the firm’s latest “Definitive Guide to Investing in Tesla,” built a comprehensive framework covering 17 separate product lines.
This granular approach values Tesla’s core businesses—including electric vehicles, energy storage, Full Self-Driving (FSD) software, in-house insurance, Supercharging network, and a standalone robotaxi operation—at approximately $400 per share, without assigning any value to Optimus or related inference-as-a-service opportunities.
“At $400/share, we think investors can buy Optimus for ‘free,’” Potter stated in the note. Piper Sandler maintained its Overweight rating on Tesla shares and a $500 price target, which implicitly attributes roughly $100 per share to the robot-related businesses— a figure the analyst views as potentially conservative.
The updated model incorporates elements often overlooked by other sell-side analysts, such as detailed forecasts for Tesla’s insurance operations, Supercharger revenue, and a distinct valuation for the robotaxi business separate from FSD software licensing. It also accounts for Tesla’s 2025 CEO compensation plan for the first time.
Potter acknowledged that his estimates for 2026 and 2027 fall below Wall Street consensus, citing factors like declining deliveries from certain discontinued models and reduced regulatory credit income.
However, he expressed limited concern, noting that traditional vehicle delivery metrics are expected to matter less over time as FSD subscriber growth and robotaxi deployment metrics gain prominence. On Optimus specifically, Potter suggested the humanoid robot program, combined with inference services, “arguably will be worth more than Tesla’s other businesses combined,” though the firm has not yet produced formal long-term forecasts for these segments.
Tesla shares have traded near the $400 range in recent sessions, reflecting ongoing investor focus on the company’s autonomous driving progress and expansion into robotics and AI. The Optimus project remains in early development stages, with Tesla aiming to deploy the robots initially for internal factory tasks before broader commercial applications.
This Piper Sandler analysis highlights the growing emphasis among some investors and analysts on Tesla’s long-term technology platform potential beyond its current automotive and energy businesses.
As with any forward-looking valuation, outcomes will depend on execution timelines, technological breakthroughs, regulatory approvals for autonomous systems, and market adoption of humanoid robotics—areas that carry significant uncertainty and execution risk.
The note underscores a common theme in Tesla coverage: differing views on how to quantify emerging high-growth opportunities like robotics within the company’s overall enterprise value. Investors are advised to consider their own risk tolerance and conduct thorough due diligence regarding these speculative elements.
Trump’s invite for Elon just reshuffled Tesla’s big Signature Delivery Event
Tesla launches its solution to rare but relevant Supercharger problem
