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SpaceX’s Crew Dragon preps for debut as race to return astronauts to US craft nears final stages
After spending two weeks testing in a specialized NASA-run facility, SpaceX’s first flightworthy Crew Dragon spacecraft was shipped from Ohio to Florida, where it will now spend a number of months preparing for its first (uncrewed) launch into Earth orbit.
Known as Demonstration Mission 1 (DM-1), this critical milestone must be passed before the capsule will be certified to carry NASA astronauts to the International Space Station (ISS) sometime in 2019. While DM-1 will not sport a human crew, the spacecraft is nevertheless expected to demonstrate all life and mission-critical components, ranging from Crew Dragon’s complex array of avionics and ground/orbital communications equipment to craft’s ability to safely return passengers to Earth with a soft ocean landing.
SpaceX’s Crew Dragon spacecraft has been in the serious hardware development phase for approximately five years, although the concept itself dates back about as early as its Cargo Dragon predecessor – 2005 to 2006, publicly. Over the course of roughly two weeks of testing at NASA’s Plum Brook Station, Crew Dragon was likely subjected to a suite of environmental conditions the spacecraft will need to routinely survive to make it through initial launch and successfully operate under the rigors of microgravity and thermal vacuum conditions.
Crew Dragon arrived in Florida this week ahead of its first flight after completing thermal vacuum and acoustic testing at @NASA’s Plum Brook Station in Ohio. https://t.co/xXJE8TjcTr pic.twitter.com/lr0P95zzIK
— SpaceX (@SpaceX) July 12, 2018
Given the DM-1 capsule and trunk’s fairly quick jaunt at the huge Plum Brook vacuum chamber and equally quick arrival in Florida, those test results were likely quite favorable. Still, a major amount of work lies ahead before the first full Crew Dragon is ready for its launch atop Falcon 9. Most significantly, the craft’s trunk did not follow its fellow capsule to Florida, but rather returned to SpaceX’s Hawthorne, CA factory to be outfitted with critical flight hardware, particularly radiators and solar arrays. Once that outfit is complete, the module will also be shipped to Florida before being integrated with the DM-1 Crew Dragon capsule.
Of note, the DM-1 capsule has been constructed from the start to support a plan to use the vehicle in an in-flight abort test meant to ensure that the craft can wrest its passengers from harm’s way even at the most intense point of launch, where aerodynamic pressures are at their peak. In order to properly support both the DM-1 orbital mission and the in-flight abort test to follow, the capsule has been outfitted with a fair amount (hundreds of pounds) of hardware that will be unique to the pathfinder spacecraft. This understandably adds its own complexity to the already intense program’s first orbital mission, although it will hopefully not translate into additional delays.
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- NASA Astronaut Suni Williams, fully suited in SpaceX’s spacesuit, interfaces with the display inside a mock-up of the Crew Dragon spacecraft in Hawthorne, California, during a testing exercise on April 3. (SpaceX)
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- SpaceX’s Demo Mission-1 Crew Dragon seen preparing for vacuum tests at a NASA-run facility, June 2018. (SpaceX)
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- Crew Dragon parachute tests are likely to continue into the summer to ensure NASA certification in time for DM-1. (SpaceX)
SpaceX competitor’s crewed spacecraft and rocket take shape
It’s worth noting that SpaceX is effectively operating at a distinct – albeit partially self-wrought – financial handicap when compared with Boeing’s Starliner spacecraft program, one of two vehicles funded by NASA to accomplish the same task of safely and reliably transporting astronauts to and from the ISS.
“NASA awarded firm-fixed-price contracts in 2014 to Boeing and Space Exploration Technologies Corporation (SpaceX) [of] up to $4.2 billion [for Boeing] and $2.6 billion [for SpaceX] for the development of crew transportation systems.” (GAO-18-476)
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- Boeing’s DM-2 Starliner undergoes integration in Florida earlier this year. (Boeing)
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- The ULA Atlas V rocket that will launch Boeing’s DM-1 Starliner spacecraft captured at ULA’s Decatur, AL factory, October 2017. (ULA)
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- The United Launch Alliance (ULA) dual engine Centaur upper stage of the Atlas V rocket in the final stages of production and checkout, May 2018. (ULA)
In other words, Boeing requested and received a full 60% more than SpaceX to – quite literally – accomplish an identical task. Alongside the storied and brutally expensive history of crewed American spaceflight, both contracts are an absolute steal for two modernized, crew-capable spacecraft, but a 60% premium is a 60% premium. Foreseeable but slight cost overruns caused, among other things, by additional contractual requirements from NASA have followed a similar trend, roughly proportional to each company’s slice of the original $6.8b Commercial Crew contract.
“As of April 2018, NASA requirement changes had increased the value of contract line item 001 for Boeing by approximately $191 million and for SpaceX by approximately $91 million.” (GAO-18-476)
Still, Boeing’s progress towards its own DM-1 and DM-2 demo flights and a pad-abort test are impressive, although it very likely is more of a demonstration of a different approach to public communications than of any actual step up on SpaceX. In the last few weeks, Boeing has released a number of photos showing off the progress made building its own Starliner capsules and service modules (trunks), three of which are currently in varied states of assembly and integration in the company’s Florida-based facility. Additionally, United Launch Alliance CEO Tory Bruno has shared off-and-on updates and photos of the launch contractor’s own progress assembling the rockets that will launch Boeing’s spacecraft.
The two engine Centaur is getting ready and excited for #StarLiner. pic.twitter.com/WIf3H8k9yq
— Tory Bruno (@torybruno) July 2, 2018
Regardless, a huge amount of work lies ahead before both Boeing and SpaceX’s crewed spacecraft are able to conduct their first uncrewed and crewed launches into orbit. Now very outdated, NASA has stated several times recently that the presently available targets of NET August 31 will likely be updated later this month, pushing DM-1 debuts into NET Q4 2018 and the first commercial crewed demo missions to 2019.
Stay tuned, as the Block 5 Falcon 9 tasked with launching SpaceX’s own DM-1 Crew Dragon will likely be the next of a recent flood of finished rockets to leave the company’s Hawthorne factory, where it will head to McGregor, Texas to complete acceptance wet dress rehearsals and static fire tests before shipping to SpaceX’s Pad 39A in Florida.
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Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.
Ferrari Luce sold out for 2027 after design controversy
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
