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SpaceX’s ‘In-Flight Abort’ Crew Dragon capsule and Falcon 9 booster arrive in Florida
Approaching its second month between launches, SpaceX Falcon 9 boosters and their associated payloads continue to arrive in Florida in preparation for what will likely be a burst of several orbital launches in the final months of 2019.
On Tuesday, October 1st, local resident Marcos Hicks (@SpaceCoast_Life) and several other locals captured the latest arrival of a Falcon 9 booster in Cape Canaveral, Florida. This delivery comes just two weeks after Andrew Stoltz – another Space Coast local – lucked upon the arrival of a Falcon 9 payload fairing and one week after Arizona locals spotted a Falcon 9 booster heading East through the state.
On September 24th, an iconic and easily recognizable Falcon 9 booster was spotted heading East through Maricopa, Arizona, an extremely common (if not universal) pass-through point for SpaceX’s cross-country booster shipments. More likely than not, the booster spotted arriving in Cape Canaveral on October 1st is the same SpaceX rocket seen in Arizona one week prior, an indication that the Falcon 9 skipped testing in McGregor, Texas and is thus likely flight-proven.
48 hours later, NASA published photos of the arrival from SpaceX and announced that the rocket is, in fact, the flight-proven booster that will support the Crew Dragon’s critical In-Flight Abort test (IFA). SpaceX employees were still in the process of unwrapping the Falcon 9 booster, but enough of its body was visible to reveal soot, the telltale sign of a flight-proven SpaceX rocket. Impressively, the Crew Dragon that will support the spacecraft’s IFA test also apparently arrived in Florida in recent days.
According to NASASpaceflight.com, B1046 – the first Block 5 booster and first thrice-flown SpaceX rocket – is expected to support the critical Crew Dragon test flight. SpaceX CEO Elon Musk has tweeted several times that there is a “high probability” that the booster will be completely destroyed during the suborbital test flight, a necessary sacrifice to prove that Dragon can escape from a failing rocket at any point during launch. SpaceX has a growing fleet of flight-proven boosters with multiple launches under their belts – B1046 will certainly be missed but its ‘retirement’ will impose no burden on the company’s launch manifest.
As stated in a recent FCC filing, Crew Dragon’s IFA test is scheduled to launch no earlier than (NET) November 23rd. The mission will proceed like any other routine Falcon 9 launch for the first 60 or so seconds, but will feature a “simulated orbital second stage” with a fake Merlin Vacuum engine that will almost certainly be smashed to pieces after Crew Dragon departs the rocket. It’s unclear if SpaceX will physically create failure conditions or if Crew Dragon’s abort will be directly triggered, but the spacecraft will ultimately ignite its SuperDraco abort system to speed half a mile away from the booster in just a few seconds.
This will occur during Max Q, the point during launch when the booster is experiencing maximum aerodynamic and thermal stresses, and Crew Dragon’s departure will essentially smash the rocket headfirst into a wall of supersonic air. The upper stage will likely disintegrate almost immediately, a process that will most likely lead to the destruction of the booster, as well.
Crew Dragon’s onboard launch abort system consists of four “powerpacks” composed of two SuperDracos each, equating to eight SuperDraco thrusters capable of producing up to 570 kN (130,000 lbf) of thrust. SpaceX recently highlighted their confidence in the abort thrusters with a brief video that showed off testing and touted an impressive record of successful static fires and overall reliability.
As Teslarati previously reported, the window for the test launch is expected to open no earlier than (NET) November 23rd. With both the booster and spacecraft now in Cape Canaveral, Florida, it is increasingly likely that SpaceX will be able to complete the IFA test before the end of 2019, a milestone that would increase the odds of SpaceX and NASA attempting Crew Dragon’s astronaut launch debut sometime in early 2020.
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Aside from Crew Dragon, SpaceX has plans for as many as four internal Starlink launches between now and the new year, potentially placing as many as 240 more high-performance ‘v1.0’ satellites in orbit. Regardless of the specifics of how the schedule actually shakes out, it looks like SpaceX is working hard to end 2019 with a burst of orbital launch activity.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
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SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
Tesla’s AI lead Ashok Elluswamy doubled down on the company’s strategy regarding Full Self-Driving’s speed settings, and owners are definitely confused.
Earlier versions of Full Self-Driving allowed owners to set a max speed that the vehicle could travel while operating under the semi-autonomous driver assistance platform. This allowed more customization for the driver, giving them the ability to experience FSD’s robust performance with their own personal preferences.
Speed is massively important for obvious reasons — it’s not only a question of keeping the vehicle occupants comfortable by traveling at a safe speed, but it’s also something that could contribute to a ticket or infraction from law enforcement.
With the release of FSD v14 last year, Tesla removed the ability to set a max speed and instead opted for five Speed Profiles, ranging from “Sloth,” the most conservative, to “Mad Max,” the most aggressive and spirited. These profiles not only control speed, but also how frequently the vehicle will execute passes, perform lane changes, and other contributing factors.
The removal of the Max Speed setting was a major complaint amongst the Tesla community because it left owners scrambling for a way to experience suitable behaviors while traveling at an appropriate speed. Most felt the driving profiles would be a good indicator of the behaviors, while speed would still be left up to the discretion of the driver.
Instead, Tesla’s Speed Profiles determine both, and the constant tinkering of how they behave has been a major bottleneck and point of confusion for both owners and the company. From update to update, the Speed Profiles will change, sometimes more drastically than others. Some owners have complained that the “Standard” profile is too fast, while others have experienced “Mad Max” traveling below the speed limit:
What has happened to Mad Max?
At one point it was going 32 in a 35. Traffic ahead had pulled away considerably https://t.co/bjKvaMVTNX pic.twitter.com/aaZSWmLu5v
— TESLARATI (@Teslarati) January 24, 2026
These things change with each update, but the big complaint is that owners are on the hook for any tickets that come from FSD’s infractions; that’s the caveat of the suite being named FSD (Supervised). It ultimately means the driver is responsible, and the automaker has no liability when it comes to speeding tickets or general traffic infractions.
It is the driver’s responsibility to take over or adjust based on this.
Elluswamy essentially confirmed that there are no plans to bring back Max Speed control, because it is what he referred to as “an anti pattern.” He then echoed something that CEO Elon Musk has started to really push with FSD, and that’s the idea that Tesla is really honing in on the preferences of the driver.
Max speed control is an anti pattern.
We are working on better learning of user’s implied preferences.
— Ashok Elluswamy (@aelluswamy) August 3, 2026
Owners were confused by Tesla’s decision, stating that there must be a better way, especially considering disengagements for incorrect speeds are common:
This…. is not the way
— Kyle Conner (@itskyleconner) August 4, 2026
😭 I appreciate this mentality ! But currently the no.1 reason I disengage in Australia is incorrect speed zones.
— Ryan’s Model Y (@ryanjaycowan) August 3, 2026
This is fine but you need to start accepting liability for speeding tickets then. https://t.co/lyCgdA83gQ
— Jeremy Judkins (@jeremyjudkins_) August 4, 2026
Okay https://t.co/nOvoXQkNg1 pic.twitter.com/jGRtF2xtox
— Chad Moran (@ChadMoran) August 3, 2026
From personal experience and using FSD for over 72 percent of my driving miles since v14 was released late last year, I make Speed Profile adjustments constantly. If FSD is traveling a tad too quickly, I will scale it back, and if it’s too conservative, I’ll make it more aggressive.
I don’t complain about making the Speed Profile changes too frequently, but it would certainly be nice to have it happen less frequently. There are far too many times I am concerned about getting a ticket, even in Standard mode.
The biggest issue for me, personally, which seems to be echoed throughout the community, is the fact that Tesla’s goal is to minimize disengagements. Many drivers are stating that speed is a major reason for disengagements.
However, Tesla is not willing to bring back this one level of input because it would technically be a regression.
Whether it’s right or wrong in your opinion, it is what Tesla is going with, and it seems like it has pivoted quite a bit from its other strategies for minimizing interventions by pushing its AI to behave in a way that would fit the occupant’s personal preferences.
SpaceX reports beat in first earnings while minimizing losses
Elon Musk sends second warning to SpaceX shorts ahead of first earnings
