News
Future SpaceX & Blue Origin rocket recoveries may use largest mobile crane in the US
Florida’s Canaveral Port Authority took delivery of what is now the largest mobile crane on U.S. soil, originally purchased in order to support both extremely large cargo ships (known as New-Panamax-class) and the unique needs of orbital-class rocket recovery operations for SpaceX’s Falcon 9 and Falcon Heavy and Blue Origin’s prospective New Glenn launch vehicle.
While there’s a good chance that SpaceX will avoid changing their current Port Canaveral recovery operations and the complement of cranes they already lease or own, Blue Origin will almost certainly take advantage of Port Canaveral’s vast new crane, capable of lifting more than 200 metric tons (~450,000 lbs) at heights greater than 50 meters (160 ft).
I know @AstroVicnet had some questions about the new mobile crane and how it will be used in Port Canaveral. Here is an explainer and how it connects to our Spaceport partners like @SpaceX and @blueorigin. #SpaceXFleet https://t.co/UQqItZbdIr
— Julia Bergeron (@julia_bergeron) January 19, 2019
To put the scale of the crane (and perhaps SpaceX and Blue Origin rockets) into perspective, Falcon 9’s booster – on its own – stands an incredibly 45m (~150 ft) tall or almost the same height as the LHM 600’s main boom (the gray cylinder/tower in the photos above), while Blue Origin’s New Glenn first stage – set to debut as early as 2021 – would tower an extraordinary 57.5m (~190 ft) tall, probably 60m if its small legs are deployed. While SpaceX’s BFR booster (now Super Heavy) is expected to attempt recoveries on the actual launch pad mount, it would stand around 63m (~210 ft) tall. New Glenn and Super Heavy are likely to weigh 50-150+ tons empty.
COLOSSAL CRANE ARRIVES: A 270-foot-tall mobile harbor crane billed as the largest in the United States sails into Port Canaveral aboard the cargo vessel Happy Dover on Friday morning. The 87-foot-long, 1.1-million-pound Liebherr LHM 600 is set to go into service later this year. pic.twitter.com/51DP8Hdb0w
— Port Canaveral (@PortCanaveral) January 18, 2019
The point is that for monolithic objects that are as tall as large rocket boosters, the logistics of actually moving them around can be surprisingly complex and challenging. SpaceX’s Falcon 9 and Heavy boosters happen to be short enough to be conveniently moved and manipulated by cranes that are quite large but still fairly common and easy enough to lease or purchase. SpaceX consistently uses similar tall, yellow cranes for the process of actually lifting Falcon 9 boosters – around 30t (~66,000 lbs) dry – off of their drone ships and onto land, while far smaller wheeled cranes can be used for the process of manipulating Falcon boosters once they are horizontal.
Given just how relatively light Falcon boosters are compared to their towering height, the cranes that can safely lift such tall and delicate objects tend to be designed to easily lift 5-10X as much weight at once. The next-generation rocket boosters (and even SpaceX’s Starship upper stage) will continue to push the height performance and begin to test the mass capabilities of modern cranes, particularly mobile varieties like the one that just arrived in Port Canaveral. One massive benefit of wheeled cranes like LHM 600 is how versatile and flexible they are, while tracked cranes like the largest ones SpaceX currently uses simply can’t move without risking the destruction of the ground beneath them, requiring that they use advanced mass-spreading technologies (i.e. giant beams of hardwood) wherever they crawl.
-
- Another view of Port Canaveral’s shiny new LHM 600 crane shortly after arriving ashore. (Canaveral Port Authority)
-
- Teslarati photographer Tom Cross managed to catch Port Canaveral’s new crane shortly after sunset, January 18th. (Tom Cross)
-
- One of several large cranes used by SpaceX to vertically transport Falcon 9 and Falcon Heavy boosters is pictured here during third recovery of Falcon 9 B1046, December 2018. (Pauline Acalin)
-
- New Glenn is a massive reusable rocket that will stand ~82m (270 ft) tall and be able to launch up to 45 metric tons (100,000 lb) to low Earth orbit (LEO). (Blue Origin)
Liebherr’s mobile harbor cranes offer a far more mobile solution in the form of traditional rubber tires and multiple large spreader plates that can be deployed and retracted when stationary. It will be genuinely interesting to see if SpaceX decides to replace its proven modes of vertical-lift recovery operations to gain the benefits of a crane that is new and an unknown quantity but could still simplify certain recovery operations. Perhaps even more importantly, the Canaveral Port Authority owns the new crane and apparently bought it with the specific intention of allowing companies like SpaceX and Blue Origin to use it – presumably for a reasonable fee – to assist during rocket recovery operations.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
