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SpaceX fires up sooty Falcon booster ahead of historic astronaut launch
SpaceX says it has successfully completed the last major test standing between a flight-proven Falcon 9 rocket and Crew Dragon spacecraft and the company’s next historic astronaut launch.
Right on schedule, once-flown Falcon 9 booster B1061, orbit-proven Crew Dragon capsule C206, and a new expendable Falcon upper stage rolled out to Kennedy Space Center (KSC) Launch Complex 39A on Friday, April 16th, kicking off the last major steps for SpaceX’s second operational astronaut launch. Captured in great detail by NASA and SpaceX photographers, the rollout was completed without issue and the rocket was brought vertical and connected to the launch pad later the same day.
Less than 24 hours later, the fully integrated Falcon 9 was loaded with supercooled liquid oxygen and rocket-grade kerosene (RP-1) and ultimately fired up its nine first-stage Merlin 1D engines – a procedure virtually identical to a normal launch flow. All systems thus fully checked out and cleared for flight, SpaceX and NASA proceeded into a “dry dress rehearsal” early on Sunday.
Much like the Saturday static fire replicated almost every rocket-related aspect of launch, Sunday’s ‘dry dress’ served a similar role for the mission’s human elements – an international group of astronauts and the SpaceX and NASA teams that prepare them for flight. For Crew-2, Falcon 9 and Crew Dragon will be carrying Japanese (JAXA) astronaut Akihiko Hoshide, European (ESA) astronaut Thomas Pesquet, and NASA astronauts Shane Kimbrough and Megan McArthur.
Those four astronauts will be flying on Falcon 9 booster B1061, already responsible for launching Crew Dragon’s operational debut in November 2020, making Crew-2 the first time in history that astronauts will fly on a flight-proven liquid rocket booster and flight-proven private rocket of any kind.
(Quite literally) on top of that, they will also be riding in the Crew Dragon capsule responsible for enabling the United States’ first orbital human spaceflight launch in almost a decade less than a year ago. Dragon C206 successfully launched NASA astronauts Bob Behnken and Doug Hurley to the International Space Station (ISS) in late May 2020 and flawlessly returned them back to earth in early August, acing the first crewed US spaceflight since the Space Shuttle’s premature July 2011 retirement.
That means that Crew-2 will make Crew Dragon C206 the first crewed space capsule in history to launch astronauts more than once – a truly historic achievement but just the latest in a long line of successful uncrewed Dragon reuses over the last four years. That NASA – a famously risk-averse spaceflight agency – is at all willing to allow its astronauts to fly on a flight-proven Dragon or Falcon 9 booster is impressive and was perceived as a highly improbable outcome just a few years ago.
For NASA to allow SpaceX to perform both feats of unprecedented crewed rocket and spacecraft reuse on Dragon’s third human spaceflight ever is nothing short of the most resounding endorsement and validation of the company’s technical expertise that the space agency could ever offer. Thanks in large part to NASA’s flexibility and seemingly boundless confidence in SpaceX, the company has been able to expedite its astronaut launch plans in order to prevent major delays hampering Commercial Crew Program’s other partner – Boeing – from disrupting NASA’s presence on the ISS.
Falcon 9 is scheduled to launch Crew-2 no earlier than (NET) 6:11 am EDT (10:11 UTC) on Thursday, April 22nd.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.095 reported vs. $28.34B expected
- Non-GAAP EPS: $0.50 reported vs. $0.45 expected
- Operating Margin: 5.8% reported vs. 2.5% expected
- Operating Income: $1.624B reported vs. $721M expected
- Free Cash Flow: $3.99B reported vs. ~-$4.51B expected
🚨 Tesla $TSLA Earnings Results:
Total Revenues: $ $28.095 reported vs. $28.34B expected
Non-GAAP EPS: $0.50 reported vs. $0.45 expected
Operating Margin: 5.8% reported vs. 2.5% expected
Operating Income: $1.624B reported vs. $721M expected
Free Cash Flow: $3.99B reported vs. ~-$4.51B expected— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
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Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla reports Q3 Earnings today: here’s what to expect
