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SpaceX Crew Dragon astronauts are chasing the space station around Earth
The morning of SpaceX’s most prolific launch – the Crew Dragon Demo-2 mission – began with one question on the mind of many, why did the Falcon 9 rocket have just one second, and one second only, to launch NASA astronauts Bob Behnken and Doug Hurley to the International Space Station (ISS)? A simplified answer is orbital mechanics and a carefully planned out 19 hour trip around the planet.
Richard Angle for Teslarati)
The launch of the Falcon 9 was a highly anticipated moment, however, it was easily the most familiar part of the Demo-2 mission. Leading up to Demo-2, SpaceX had successfully launched twenty-eight Block 5 Falcon 9 boosters – the same type of booster that the Crew Dragon carrying Behnken and Hurley would launch on. The landing of the Falcon 9 on the autonomous spaceport drone ship in the middle of the Atlantic Ocean was also a familiar process that SpaceX had completed successfully a number of times.
Even the Crew Dragon capsule had a launch and mission to the space station under its belt, however, launching astronauts aboard the capsule had yet to be attempted, let alone done successfully. The least familiar part of the mission was what Crew Dragon and its occupants had to achieve once free of the Earth’s gravity well.
Once past launch and separation from the Falcon 9 first stage booster, Crew Dragon would separate from the Falcon 9 second stage, enter an initial orbit, and proceed to spend the next nineteen hours chasing the ISS around the planet. The capsule had to perform a series of burns to lift its orbit high enough to match that of the ISS for autonomous docking nineteen hours later. During the trip, Behnken and Hurley had a series of items to check off prior to initiating their crew sleep aboard Crew Dragon. A few of the items included doffing – or taking off – their SpaceX pressure suits, hosting a brief media opportunity explaining the name “Endeavour” chosen for their capsule as well as the zero-G indicator named “Tremor” chosen to ride along with them and eat their first meal in space.
The Crew Dragon also had a few jobs of its own to complete. Crew and capsule would spend about two hours performing 3 different burns of the sixteen Draco thrusters outfitted all around the Crew Dragon’s outer shell. The first phasing burn was needed to insert it into the correct orbit, followed a little while later by a boost burn to raise the capsule’s orbit even more. And lastly, a close coelliptic burn to flatten out the orbit around the Earth making it more elliptical, rather than circular matching that of the ISS. These three burns were completed while the crew was awake performing any necessary tasks. Two more burns remained to be completed, but those would need to occur much closure to docking with the ISS, one while the crew slept and one just before autonomous docking procedures were set to begin.
The fourth burn – a transfer burn – is intended to raise the capsule the final ten meters in orbital space to match that of the ISS. This burn will allow the capsule to begin its final approach toward the station. It will be completed by the SpaceX mission control ground station in Hawthorne, California while the crew sleeps. It will be a gentle burn of the Dracos lasting less than a minute.
The capsule will then burn the Draco thrusters once more for the final coelliptic burn matching its orbit directly with the ISS. At this time, the crew aboard both the Crew Dragon capsule and space station will be awake for a full day of work including the meticulous process of autonomously docking the capsule to the ISS, the opening of the hatch of Crew Dragon, and welcoming Behnken and Hurley aboard the station as members of the Expedition 63 crew.
Crew Dragon is expected to meet up with the ISS nineteen hours after liftoff. Docking with the station is set to occur on Sunday, May 31st around 10:30 am EDT/14:30 UTC. Behnken and Hurley will be welcomed aboard the station during a traditional crew welcoming ceremony that should occur about two hours after docking has been confirmed.
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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: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— 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.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
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
