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SpaceX Dragon returns private astronauts to Earth after an extra week in space
Update: A SpaceX Crew Dragon has finally returned Axiom Space’s first crew of four private astronauts to Earth after recovery delays ultimately gave the passengers and extra six days in space, boosting their total trip duration from 10-12 days to 17 days.
In the process, capsule C206 (Endeavour) became the first Crew Dragon to successfully transport astronauts to the International Space Station and back to Earth three times. SpaceX and NASA have already certified each Crew Dragon capsule for five flights – a number that will likely need to expanded within just a year or two. SpaceX is currently scheduled to launch Crew-4 no earlier than (NET) April 27th, Axiom-2 NET Q3 2022, Crew-5 NET October 2022, and Polaris Dawn NET late 2022.
Following extensive weather delays, a SpaceX Crew Dragon spacecraft has undocked from the International Space Station (ISS) after carrying the first all-private astronaut mission to the orbital outpost.
That private mission – known as Axiom-1 – was originally supposed to head to the ISS in February and, later, late March. For unspecified reasons, apparent issues with processing or Dragon/Falcon refurbishment ultimately pushed Ax-1’s launch to April 8th. Initially, the crew of four astronauts – one former NASA astronaut turned Axiom pilot and three wealthy paying customers – were scheduled to spend around ten days in space and eight days aboard the ISS. At some point before liftoff, that was updated to 12 days in space and 10 days aboard the station.
Shortly before liftoff, NASA’s official schedule had Axiom-1’s undocking and space station departure penciled in for April 19th. On April 19th, NASA, SpaceX, and Axiom decided to waive off the first departure attempt due to weather issues that were apparently impacting all seven of Crew Dragon’s nominal recovery zones – four in the Gulf of Mexico and three in the Atlantic Ocean. On April 20th, the next undocking attempt was pushed to no earlier than April 23rd. On April 23rd, the teams yet again called off the departure.
Finally, at 9:10 pm EDT on April 24th, the heavens apparently aligned and the Axiom-1 crew was able to board Crew Dragon, undock from the ISS, and begin their ~15-hour trip back to Earth. Until splashdown (NET 1pm EDT, April 25th), however, SpaceX and NASA will still be unable to settle with any confidence on a firm launch date for their Crew-4 NASA and ESA astronaut transport mission. Originally scheduled for April 15th, Axiom-1’s delays have pushed the Crew-4 launch to no earlier than (NET) 3:52 am EDT (07:52 UTC) on April 27th – nearly two weeks behind schedule.
Thankfully, that should be no problem for the ISS or Crew-3. Crew Dragon is currently certified to spend up to 210 days in orbit, and NASA had already planned for Crew-3 to return before even the usual six-month stint aboard the space station, so Crew-4 could have slipped well into early June 2022 without much of a problem. Nonetheless, NASA still plans to inspect the Axiom-1 Crew Dragon and analyze all data gathered from the mission to ensure nothing was amiss before giving SpaceX the green light to launch Crew-4.
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Due to the current proximity of Axiom-1’s splashdown and Crew-4’s launch, even a minor delay or issue during the post-flight review would likely push Crew-4 to April 28th. With any luck, though, Axiom-1’s recovery and data review will be close to perfect and allow Crew-4 to finally get off the ground on the 27th.
Simultaneously, SpaceX is preparing to launch another batch of Starlink satellites as early as April 29th. If both missions avoid delays, Starlink 4-16 will be the company’s sixth launch in April and 17th launch this year.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
