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SpaceX Starlink launch to smash California pad turnaround record
Update: SpaceX’s Thursday Starlink 3-2 launch was automatically aborted less than a minute before liftoff by Falcon 9’s onboard computers. The company will try again tomorrow, Friday, July 22nd, at 10:39 pm PDT (17:39 UTC).
SpaceX says it’s on track to launch another batch of polar Starlink satellites from the West Coast as early as 10:39 am PDT (17:39 UTC), Thursday, July 21st.
On top of featuring one of the fastest Falcon 9 booster turnarounds ever, SpaceX’s Starlink 3-2 launch will more than halve the fastest turnaround of its Vandenberg Space Force Base (VSFB) SLC-4E pad, potentially rendering it capable of launching dozens of times per year.
Barring delays, Starlink 3-2 is scheduled to launch from SLC-4E just 10 days and 14 hours after the same pad supported Starlink 3-1. The current record – 22 days and 11 hours – was set between the launches of Germany’s SARah-1 radar satellite and Starlink 3-1, meaning that SLC-4E is on track to break its turnaround record twice in a row.
For most of the time since SpaceX began using SLC-4E for Falcon 9 launches in 2013, the pad has rarely supported more than one launch every few months. Between 2013 and 2020, the pad supported a total of 16 successful Falcon 9 launches. 15 occurred between January 2016 and November 2020, averaging one launch every four months and never flying twice in less than 36 days. Between January 2019 and September 2021, the pad only supported three launches and even went 17 months without a single use.
In late 2021, something changed. On top of the introduction of dedicated West Coast Starlink launches, apparent upgrades to the pad’s turnaround capabilities have allowed it to support more launches than usual. In the ten months since SLC-4E exited its hibernation period, it’s supported nine Falcon 9 launches – five for Starlink and four for customers. Prior to 2021, SLC-4E never supported more than six launches in a ten-month period, meaning that the pad is already operating at a 50% higher capacity.
SpaceX, however, apparently wasn’t satisfied and is on track to substantially expand SLC-4’s operational constraints yet again, more than halving its minimum demonstrated turnaround time. By definition, that also doubles the pad’s operational ceiling, meaning that it could theoretically support about 34 launches per year with no downtime. SpaceX appears to have achieved that expansion by applying the same upgrades it already made to its two East Coast launch pads, LC-39A and LC-40, which both set respective turnaround records of approximately nine days and eight days earlier this year. SLC-4E will comfortably bookend the two with its imminent 10.7-day turnaround.
Of course, no launch pad routinely operates at its demonstrated minimum, but a leap forward like SLC-4E’s (22.5 to 10.7 days) all but guarantees that the pad will be able to launch far more frequently as long as rockets and payloads are available. Over the last seven months, LC-39A has averaged one launch every 19 days – more than twice its 9.1-day turnaround record. LC-40, which generally deals with simpler missions and only one of three Falcon rocket variants, has managed one launch every 13 days over the same period – closer to its 8.2-day record but still a ways off.
Even if SLC-4E’s average cadence settles somewhere between SpaceX’s other two pads going forward, it will still likely double its contribution the company’s annual launch cadence and help expedite the deployment of its Starlink internet constellation. If all three pads manage an average of about one launch every two weeks, a target that’s well within reach, SpaceX will have the capacity to launch 72 Falcon rockets per year – more than any other family of rockets in history.
Pad aside, Starlink 3-2 will be Falcon 9 booster B1071’s fourth launch overall and second launch in 33 days – SoaceX’s fifth fastest Falcon booster reuse since the practice began in March 2017. Tune in below around 10:30 am PDT (17:30 UTC) to watch Falcon 9’s 32nd launch of 2022.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
