News
SpaceX Crew-1 launch set for Sunday, ULA successfully launches spy satellite
On Friday evening, Nov. 13, NASA and SpaceX announced that the first operational Commercial Crew Program mission of the Crew Dragon would be delayed 24 hours to Sunday, Nov. 15, at 7:27 pm EST (0027 GMT 11/16). During a Crew-1 pre-launch news conference, SpaceX’s senior director of the Human Spaceflight Programs, Benji Reed, stated that the delay was driven by impacts on recovery efforts caused by tropical storm Eta, which had plagued Florida for days.
Just prior to the news conference, United Launch Alliance(ULA) successfully launched its Atlas V rocket after suffering delays of its own earlier in the week. The NROL-101 mission carried a classified payload for the National Reconnaissance Office of the U.S. government and successfully launched from Space Launch Complex 41 (SLC-41) at Cape Canaveral Air Force Station at 5:32 pm EST.
Florida weather caused multiple launch delays
Weather, especially that caused by tropical storm Eta, has caused a domino effect of delays for SpaceX and ULA over the last few weeks. The ULA Atlas V 531 rocket stacked with the secretive NROL-101 payload, initially set to liftoff on Nov. 3, was first delayed by damage sustained to environmental control system hardware of the upper stage.
According to company CEO, Tory Bruno, as the rocket was transported from ULA’s vertical integration facility (VIF) to the launchpad of SLC-41, very high winds caused damage to a duct that controlled the flow rate of an upper payload environmental control system. As a result, the rocket was returned to the VIF to have the duct replaced. A launch attempt scheduled for the following day on Wednesday, Nov. 4, was called off due to an unrelated problem with ground support equipment.
The NROL-101 mission was then set to launch on Sunday, Nov. 8, but that attempt was eventually called off due to the impending weather that would be brought across the Florida peninsula by then hurricane Eta. On Friday, Nov. 6, the Atlas V 531 rocket and payload for the National Reconnaissance Office was once again returned to the VIF for protection from the storm.
A final launch attempt was identified for Friday, Nov. 13, just 22 hours before the scheduled launch of the SpaceX, NASA Crew-1 mission from nearby Launch Complex 39A at the Kennedy Space Center. Fortunately, the weather held out long enough for the ULA Atlas V 531 rocket to liftoff. Following liftoff and successful payload deployment the mission was later declared a full success by ULA.
Florida weather also caused offshore recovery delays, impacting crewed launch
Similarly, the SpaceX and NASA Crew-1 mission has also suffered setbacks due to inclement weather, although not at the launch site. Following the successful launch and landing of the B1062 Falcon 9 of the recent GPSII-SV04 mission on Thursday, Nov. 5, SpaceX recovery teams battled unsettled seas to return the booster and the recovery droneship, Of Course I Still Love You (OCISLY), safely back to Port Canaveral.
After securing B1062 safely aboard OCISLY, the SpaceX recovery vessel GO Quest took refuge at the Port of Morehead City in North Carolina. The recovery crew would wait there to assist with the recovery of the B1061 Falcon 9 of the Crew-1 mission, rather than return to Port Canaveral in Florida. The droneship Just Read The Instructions (JRTI) was intended to meet the crew of GO Quest at the Crew-1 booster recovery zone prior to the end of the week.
Due to high winds and rough seas churned up by tropical storm Eta, the OCISLY droneship took an exceptionally tedious 7-day journey hugging the eastern coast of the United States to return to Port Canaveral. The delay caused the crew transfer process from OCISLY to JRTI to be delayed which in turn hindered the departure of the JRTI droneship.
As tropical storm Eta moved out and away from Florida the waters of the Atlantic remained too rough for the JRTI droneship to make up for the lost time. Following the conclusion of SpaceX’s Crew-1 preflight launch readiness review on Friday, Nov. 13, it was announced that the delay in getting the recovery droneship to the B1061 landing zone would delay the Crew-1 launch attempt by 24 hours.
Recovering the Falcon 9 booster, of any mission, is a secondary mission objective. However, the recovery of the Crew-1, B1061 Falcon 9 is important to both NASA and SpaceX – enough so to delay a launch attempt. NASA and SpaceX have already designated this booster to be reused on the next Crew Dragon mission, Crew-2, targeted for no earlier than March 30, 2021. In order to reuse a booster to save on launch costs, it must first be successfully recovered.
If all goes to plan, three NASA astronauts and one astronaut from the Japan Aerospace Exploration Agency will climb aboard the Crew Dragon Resilience on Sunday, Nov. 15, and blast off to the International Space Station precisely at 7:27 pm EST (0027 11/16) from LC-39A at the Kennedy Space Center.
NASA and SpaceX will provide a hosted live broadcast of all Crew-1 events beginning at 3:15 pm EST on Sunday, Nov. 15, on NASA TV and on the SpaceX website.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
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’
