News
SpaceX Crew Dragon In-Flight Abort test gets its first firm launch date
The day after questions arose around the targeted launch date of SpaceX’s Crew Dragon In-Flight Abort test (IFA), SpaceX and NASA have officially set the date for the spacecraft’s next major flight test.
On Friday, December 6th, a NASA Commercial Crew Program blog post confirmed a NET date of Saturday, January 4th, 2020 for the IFA test. The IFA test is one of the most notable final steps to be completed by the Crew Dragon capsule prior to supporting crewed astronaut flight to the International Space Station in 2020 as a part of NASA’s Commercial Crew Program.
Following an apparent incorrect statement made during SpaceX’s CRS-19 webcast that identified a February 2020 target date of the IFA test, SpaceX provided re-assurance that teams were very much still working toward a NET December launch date.
A January 4th date falls just short of SpaceX’s December goal but it still comes as little surprise. In addition to this week’s CRS-19 launch, SpaceX aims to support two more launches prior to year’s end – an internal mission to launch 60 more Starlink satellites and the launch of the JCSAT 18/Kacific 1 communications satellite for customers SKY Perfect JSAT Corp. of Japan and Kacific Broadband Satellites of Singapore. While completing four Falcon 9 launches and landings in a period of less than four weeks is certainly possible for SpaceX, it was rather ambitious, especially given that Crew Dragon’s abort test is almost certainly the company’s preeminent priority.
The targeted January launch date now encroaches into the first quarter of 2020, which SpaceX has adamantly stated is also the goal for Crew Dragon’s first NASA astronaut launch, known as Demo-2. With the IFA test now NET January 4th, it will be a major challenge for NASA and SpaceX to turn around and prepare Crew Dragon and Falcon 9 for Demo-2 just 4-12 weeks later. Of note, Boeing is preparing its own Starliner spacecraft for an uncrewed launch test NET December 20th and has also claimed that it wants to launch a crewed flight test (CFT, akin to SpaceX Demo-2) as early as February 2020, same as SpaceX.
It’s extremely unlikely that NASA will be able to preserve both of those schedules given the Commercial Crew Program’s fixed workforce and the vast quantity of paperwork it must complete before the agency can give the go-ahead for SpaceX and Boeing astronaut launches.
Unsurprisingly, the blog post confirmed that the IFA test would launch from Kennedy Space Center Launch Complex 39A (LC-39A). Pad 39A is the same facility that previously supported Crew Dragon’s March 2019 Demo-1 launch debut and is the only pad SpaceX intends to launch Crew Dragon from.
Interestingly, Pad 39A is also an active construction site – SpaceX is in the midst of building a new launch mount and modifying existing facilities to support future launches of SpaceX’s next-generation Starship vehicle. Construction has been underway for a few months and is situated directly beside Falcon 9 and Falcon Heavy’s exiting launch mount.
Although that construction will not be allowed to interfere with Crew Dragon launch activity, including the IFA test, construction on the Starship mount will likely be impacted. Construction crews will undoubtedly be expected to evacuate the area surrounding the launchpad during any Falcon 9 static fire test or launch, likely translating to a few days to a few weeks of downtime depending on how SpaceX handles the scheduling.
As 2019 comes to a close, SpaceX remains determined to launch Crew Dragon’s IFA test as quickly as is safely possible. If all goes perfectly during the upcoming abort test, SpaceX says it is seriously targeting Crew Dragon’s biggest test yet – its inaugural astronaut launch – less than two months later in February 2020. It should go without saying that that schedule is incredibly ambitious and highly liable to slip in March or Q2, but if the ambition is there, SpaceX believes it is technically possible.
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For now, we have less than a month to wait for Crew Dragon’s next launch milestone and perhaps just 2-3 weeks before the spacecraft and its Falcon 9 rocket roll out to Pad 39A to prepare for a routine static fire test.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
