News
SpaceX Cargo Dragon spacecraft arrives at space station on second to last mission
SpaceX’s Cargo Dragon has successfully rendezvoused with the International Space Station (ISS) as part of NASA’s CRS-19 resupply mission, marking what is almost certainly the spacecraft’s second to last orbital launch.
On December 5th, new Falcon 9 booster B1059 lifted off from SpaceX’s LC-40 Cape Canaveral Air Force Station (CCAFS) launch pad with a fresh upper stage and twice flown Cargo Dragon capsule C106 atop it. A little over nine minutes after launch, B1059 prepared to be robotically secured on drone ship Of Course I Still Love You (OCISLY) while Cargo Dragon – now in orbit – separated from Falcon 9’s upper stage and headed on its merry way.
Cargo Dragon’s 20th orbital mission and 19th trip to the ISS, CRS-19’s twice-flown spacecraft commanded the deployment of its two solar arrays, primed its Draco maneuvering thrusters, and opened up its Guidance, Navigation, and Control (GNC) bay. Using star trackers, inertial measurement devices, and lasers, Dragon then proceeded to precisely deliver itself to the ‘door’ of the space station before gradually approaching.
Astronauts aboard the ISS then manually guided Canadarm2 – a massive robotic arm externally attached to the space station – towards Cargo Dragon as it used its thrusters to essentially hover in place, ultimately grabbing the spacecraft with a sort of mechanical hand. At that point, Dragon effectively became a part of the ISS and astronauts monitored the subsequent (and mostly automated) process of using Canadarm2 to fully berth spacecraft with the station.
After berthing, astronauts are able to equalize the pressure between the ISS and visiting spacecraft and open the hatch, gaining access to whatever cargo it was loaded with prior to launch. Alternatively, visiting vehicles can also dock with the International Space Station, a process controlled entirely by the arriving spacecraft, a bit like berthing but with almost all of the risk on its shoulders. All Russian spacecraft currently use this method, as do Boeing’s Starliner and SpaceX’s Crew Dragon.

As it turns out, CRS-19 – partially hinted at in the name – is the second to last launch of SpaceX’s Dragon 1 (Cargo Dragon), which become the first commercial spacecraft capable of reentering Earth’s atmosphere in 2010 and rendezvousing with a space station in 2012. Five months later, SpaceX launched CRS-1 – its first operational resupply mission – and the rest is (more or less) history.
In the seven years since CRS-1, Cargo Dragon – including CRS-19 – has now flown 18 successful space station resupply missions and delivered more than 90,000 lb (50,000 kg) to its ever-changing crew of astronauts. Cargo Dragon has undergone at least two significant upgrades and suffered its fair share of mishaps, but has still successfully completed its mission every time it reached orbit.


NASA’s CRS1 SpaceX contract ultimately called for a total of 20 Cargo Dragon missions to the ISS, although more could technically be added retroactively if both entities were to decide they were needed. Currently, the plan is for CRS-20 – Cargo Dragon’s next launch – to be the spacecraft’s last orbital mission and is scheduled no earlier than March 2020.
After CRS-20, SpaceX – via its subsequent CRS2 NASA contract – means to introduce a version of Crew Dragon (Dragon 2) modified for cargo-only missions, optimally taking flight-proven Crew capsules and reusing them as Cargo Dragon 2s.

SpaceX recently revealed that the first Cargo Dragon 2 spacecraft will unexpectedly not feature Crew Dragon’s complex SuperDraco abort system, a feature that has recently created several roadblocks. However, this dramatically simplifies Dragon 2 and means that SpaceX is still quite confident that the upgraded cargo spacecraft will be ready for its launch debut next year.
Known as CRS-21, that mission will see SpaceX’s CRS launches move from LC-40 to Kennedy Space Center’s LC-39A pad in order to enable extremely late and convenient cargo-loading via Pad 39A’s Crew Access Arm (CAA), to be primarily used by astronauts boarding Crew Dragon. Similarly, Cargo Dragon 2 will dock with the ISS instead of using Dragon’s current berthing route, nominally requiring less hands-on astronaut time for each resupply mission.
Cargo Dragon will be missed but will forever remain a major piece of commercial spaceflight history. Dragon 2 will likely toe the line for the first half of the next decade, but SpaceX ultimately wants to get its generation Starship launch vehicle online as soon as possible – a feat that will make all Falcon and Dragon vehicles redundant if things go as planned.
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Elon Musk
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
News
SpaceX’s Gwynne Shotwell just made a quiet gesture toward Tesla
SpaceX president Gwynne Shotwell quietly followed Tesla on X, and merger watchers noticed right away.
SpaceX President and COO Gwynne Shotwell has started following Tesla’s official account on X, a small change that landed in the middle of a very loud merger conversation. Whole Mars Catalog joked about it on Sunday.
A follow is not an announcement, and neither company has said anything about a deal. What gives the moment weight is the timing. Barclays analyst Dan Levy has told clients that an agreement could come before Tesla’s annual meeting, which must be held by December 6, with SpaceX as the buyer in an all stock deal, as we reported after the Roadster unveiling. Wedbush’s Dan Ives has stuck with a 2027 timeline.
“Shit, I better start following their X account if i’m gonna be helping run the company”
— Whole Mars Catalog (@wholemars) October 18, 2026
Shotwell is the executive most worth watching if the two companies do move closer. When Musk was asked at the All In Summit why Tesla and SpaceX remain separate, Shotwell sat next to him and said SpaceX personnel had already moved into xAI to fill leadership and engineering gaps. The businesses were integrating “faster than I thought,” she said, though “not fully integrated yet.” Her responsibilities have also grown since SpaceX absorbed xAI, and she now oversees operations that include Grok and the company’s AI compute buildout.
The financial links are already there. Tesla’s $2 billion xAI investment turned into a stake of less than one percent in SpaceX, the two share the Terafab chip project in Austin, and Musk exercised his 2018 Tesla options a week after SpaceX began trading, a sequence analysts flagged as giving SpaceX public shares to use in a deal. Musk holds about 20 percent of Tesla and controls 85.1 percent of SpaceX’s voting power, according to our earlier breakdown.
The next test is close at hand. SpaceX reports its second earnings as a public company on Tuesday after the close, and Tesla follows on Wednesday. Musk told analysts in July that “we can’t talk about combining companies and that kind of thing on an earnings call,” so a direct answer is unlikely from either stage. Tesla shareholders can still submit and vote on questions through the Say portal until 4 p.m. EDT on Monday, and the merger is a recurring theme in the queue.