News
SpaceX on track for new launch every other week after CRS-12 success
After Dragon successfully docked to the ISS Wednesday, the station’s crew wasted no time opening the hatch to distribute ice cream for all. The initiation of unloading marked CRS-12’s success, with the Dragon spacecraft and Falcon 9 launch vehicle performing nominally.
The launch of CRS-12 debuted SpaceX’s first Block 4 Falcon 9, carrying with it a variety of small upgrades and improvements. Most importantly, it is understood that the vehicle utilized Merlin engines that have been qualified for higher thrust, although that capability was not used on Monday. The upgrade in thrust, expected to add an additional 10% to the vehicle’s quoted “7,607 kN” thrust at sea level, will enable SpaceX to pursue recoveries during the launch of even heavier payloads. As is now almost routine, SpaceX also recovered the first stage at LZ-1, following some considerably dramatic aerobatics during the return.
Block 4 is a necessary incremental improvement as SpaceX looks to Block 5, which will feature far more visible and significant modifications. Block 5 is expected to conduct its first launch sometime in 2018, and signs point to its debut flight being the launch of SpaceX’s first Commercial Crew demonstration flight, scheduled for NET (No Earlier Than) February 2018.
Focusing on the nearer future, SpaceX will proceed into its first static fire attempt tomorrow ahead of the launch of Formosat-5 from Vandenberg Air Force Base (VAFB), expected to lift off on Thursday, August 24. If all goes well during that campaign, the next milestone will be a static fire ahead of the company’s launch of a USAF experimental spaceplane on September 7, with the static fire for that mission expected approximately a week before. SpaceX appears as dedicated as ever to a regular biweekly launch cadence, which was demonstrated earlier this year, culminating in the launch of three Falcon 9s in less than two weeks. Looking later into September, the only launch with a known date is Iridium-3, which will see SpaceX orbit the next 10 Iridium NEXT satellites from VAFB. The mission is tentatively scheduled for September 30th.
While completing the missions of customers as quickly as possibly is SpaceX’s clear priority, the company also has multiple other goals that will likely make a consistent biweekly cadence more difficult. LC-40 is nearing readiness after a long campaign of refurbishment. Once complete, the pad will likely take over all commercial Falcon 9 launches. Following its activation, LC-39A will proceed through a period of modifications in anticipation of Falcon Heavy and Commercial Crew launches of Falcon 9. This is expected to take at least 60 days. Regardless, SpaceX has repeatedly made it clear that the goal is no launch downtime during the transition between pads. Info recently made public has indicated that SES-11, likely launching on a refurbished Falcon 9, would be the first mission to launch from LC-40 after its reactivation. SES-11 has since been delayed from sometime in September into “Q4 2017”, meaning that LC-40’s return to flight will likely happen no earlier than October.
Aside from Iridium-3’s launch, Elon Musk is also set to present a significant update to SpaceX’s Mars colonization efforts on September 29th. However you look at it, the last several months of 2017 leave fans of spaceflight with a vast array of milestones to look forward to.
Elon Musk
Elon Musk will give ‘every kid in America’ a SpaceX share in 2027
Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”
SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.
It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.
Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.
Just a little bit later, Musk said children across the U.S. would be getting a share from him:
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
— Elon Musk (@elonmusk) October 19, 2026
There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.
Elon Musk
Elon Musk reveals why Boring Co’s biggest East Coast project never happened
Elon Musk revealed in a post on X that “Permits were impossible to get,” explaining the fate of The Boring Company’s most ambitious East Coast proposal.
The comment responded to a query about what became of his July 20, 2017 announcement that he had “just received verbal govt approval” for an underground Hyperloop connecting New York City, Philadelphia, Baltimore, and Washington, D.C., capable of carrying passengers from the Big Apple to the Nation’s Capital in just 29 minutes.
The Boring Company receives verbal ‘approval’ to build NY to DC Hyperloop tunnel
The 2017 post, which envisioned city-center stations and multiple elevators in each city, sparked immediate scrutiny. Local and state officials in New York, Philadelphia, Baltimore, and D.C. said they had no knowledge of any approval. A White House spokesperson confirmed only “promising conversations” about the transformative infrastructure.
Musk clarified shortly after that there was “still a lot of work” to do for formal approvals.
@cybrtrkguy Permits were impossible to get
— Elon Musk (@elonmusk) October 19, 2026
Limited progress followed, as Maryland Governor Larry Hogan’s administration issued a conditional utility permit and supported work near Fort Meade. In 2018, Washington, D.C., granted a preliminary permit for site preparation and excavation on a vacant lot at 53 New York Ave. NE in the NoMa neighborhood, which The Boring Company said could become a station.
A draft environmental assessment for a D.C.-Baltimore segment was released in 2019. Yet, by April 2021, the company had removed the project from its website, and the Federal Highway Administration reported receiving no indication of further interest. Communication with Maryland officials had ceased.
The full corridor would have required coordination among the District of Columbia, Maryland, Pennsylvania, New York, the Federal Highway Administration, the Army Corps of Engineers, the National Park Service, and other agencies.
Environmental reviews under the National Environmental Policy Act, utility clearances, and approvals for novel infrastructure added to the overall complexity of the project and its approval.
Speculation on the permitting barriers centers around a few factors, but a multi-state, multi-level route involving unproven high-speed vacuum-tube technology inherently triggers exhaustive safety, environmental, and engineering reviews that can stretch for years, even for conventional projects.
There are also other elements, of course, like officials who may face political exposure if a privately funded, untested system encountered anything such as cost overruns, delays, or safety issues. On the outset of this project, there were limited things such as engineering plans or demonstrated technology maturity, which also added to the potential skepticism.
The East Coast vision for Boring Co., once framed as a privately funded revolution that could reshape Northeast travel, quietly ended without construction of the promised network. Musk’s recent statement frames the outcome as a regulatory impasse, unfortunate but not unexpected.
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.
