News
SpaceX Crew Dragon spacecraft set to static fire SuperDraco abort thrusters after delays
Originally scheduled for early November, SpaceX now plans to static fire a Crew Dragon capsule’s SuperDraco abort thrusters no earlier than Wednesday, November 13th. Success would pave the way for SpaceX to launch the spacecraft’s in-flight abort (IFA) before the end of 2019.
In April 2019, a bad design choice finally reared its head, triggering an oxidizer leak and exotic titanium chemical fire that lead to the catastrophic explosion of Crew Dragon capsule C201, the first upgraded spacecraft to successfully launch, dock with the ISS, and return to Earth. That explosion occurred shortly after a successful Draco maneuvering thruster test and just milliseconds before the planned ignition of C201’s eight SuperDraco abort thrusters.
SpaceX planned on reusing flight-proven Crew Dragon capsule C201 to complete its In-Flight Abort (IFA) test, in which the spacecraft will attempt to escape from Falcon 9 during Max Q, the most aerodynamically stressful period of launch. After C201’s premature demise, SpaceX was forced to reassign new Crew Dragon spacecraft already in production, and capsule C205 – previously assigned to Dragon’s Demo-2 astronaut launch debut – was delivered to SpaceX’s Florida launch facilities in early October.
C205 will now support SpaceX’s IFA test. However, prior to launch, SpaceX (or NASA, or both entities) want to ensure that the fixes and upgrades retroactively applied to Crew Dragon will prevent C201’s failure mode from reoccurring. This proof will come in the form of a static fire test identical to the one that caused C201’s explosion. Dragon capsule C205 will be loaded with liquid dinitrogen tetroxide (also known as NTO or N2O4) and monomethylhydrazine (MMH) fuel and fire its much smaller Draco maneuvering thrusters.

Lastly, C205 will ignite its eight SuperDraco abort thrusters – capable of producing more than 570 kN (128,000 lbf) of combined thrust – to conclude the static fire acceptance test. NASA and SpaceX will likely analyze the results together, while SpaceX will refurbish and refuel the spacecraft as expediently as possible. If everything goes as planned, Crew Dragon C205 will be integrated with its disposable trunk section and transported to Launch Complex 39A sometime in late-November or December.
In an impressive demonstration of SpaceX’s ability to work fast, the company managed to determine the cause of C201’s explosion, correct design flaws, prove those corrections with extensive testing, modify Crew Dragon C205 in light of those changes, and ship the completed spacecraft to Florida in less than six months. NASA Commercial Crew Program Manager Kathy Lueders, rare to heap praise, deemed SpaceX’s response “a pretty phenomenal turnaround.”
NASASpaceflight reporter Michael Baylor says that Crew Dragon’s static fire is now scheduled no earlier than the morning of November 13th, a delay of 11 days from the static fire’s first known target, November 2nd. It’s unclear what triggered the delay, but it would be unsurprising for SpaceX to be treading with extreme caution in a bid to avoid another serious Crew Dragon anomaly.


If all goes as planned during the test and the post-test inspections raise no red flags, SpaceX and NASA will likely be ready to launch Crew Dragon’s IFA test some 4-6 weeks after. Stay tuned for updates.
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Investor's Corner
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
Investor's Corner
Google’s massive stake in SpaceX will shock you
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.