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SpaceX on track to send Starship, private astronauts around the Moon in 2023

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In a new media blitz, Japanese billionaire Yusaka Maezawa (‘MZ’) has reentered the spotlight with SpaceX CEO Elon Musk to update the public on their DearMoon initiative.

Unveiled in September 2018, Maezawa’s DearMoon project was founded with the intention of returning humankind to the Moon for the first time since the Apollo Program ended in the 1970s. This time around, though, a billionaire would singlehandedly fund the mission on their own, opening up as many as eight seats to an entirely different kind of astronaut. Initially, Maezawa positioned the project as an effort to take several artists – representing as diverse a collection of disciplines as possible – to the Moon.

Faced with arguably the most privileged and impactful vantage point known to humans, the voyage would aim to inspire the creation of new and groundbreaking art that could be shared with almost anyone on Earth.

In the ~30 months since Musk’s and Maezawa’s first announcement, a great deal about the Starship rocket meant to launch the mission has changed, including a radical redesign that replaced the widespread use of carbon fiber composite structures with stainless steel. Now, according to Maezawa, the purview of his DearMoon project has also changed in a big way.

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In a video update, the retired billionaire stated that he’d ultimately concluded that his initial plan – selecting eight artists – was too narrow and arbitrary to properly give as many deserving people as possible a chance at a life-changing experience.

“Who do I mean by artists? The more I thought about it, the more ambiguous it became, and I began to think that every single person who is doing something creative could be called an artist. That is why I wanted to reach out to a wider, diverse audience to give more people across the world the opportunity to join this journey.”Yusaku Maezawa

Instead of a hand-selected crew elite or exceptional artists, Maezawa appears to be opening up the eight seats he purchased for guests to just about anyone on Earth, so long as they consider themselves an artist, are eager to push the envelope of creativity, and are willing to help their fellow crewmates achieve their own artistic goals.

An artist’s conception of a concert inside an orbital Starship. (SpaceX)

Back in 2018, with Maezawa’s help in the form of an implied investment on the order of several hundred million dollars, SpaceX committed to launching Starship’s circumlunar DearMoon mission as early as 2023. Two and a half years and a radical Starship redesign later, Elon Musk says he is “highly confident” that SpaceX’s next-generation rocket will have “reach orbit many times” and “be safe enough for human transport” by 2023. Curiously, at least in the clips Maezawa ultimately included in the update video, Musk never stated that Starship was explicitly on track to launch humans on a circumlunar “free-return trajectory” – notably difficult for the extremely high-velocity reentry it entails.

Nevertheless, his otherwise confident statements – seemingly implying that Starship remains on track after more than two years of work – bode well for the DearMoon mission launching at least within 12-18 months of its 2023 target. At that rate, there’s a real chance that it will beat NASA’s state-funded SLS and Orion rocket to become the first crewed mission to the Moon in half a century.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story

Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.

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Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.

The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.

The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.

For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.

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Tesla isn’t joking about building Optimus at an industrial scale: Here we go

Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.

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Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”

Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.

Credit: TESLA

Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.

As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.

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Investor's Corner

Tesla (TSLA) Q1 2026 earnings results: beat on EPS and revenues

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Credit: Tesla

Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.

The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.

As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.

Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.

Tesla Q1 2026 Earnings Results

Tesla’s Earnings Results are as follows:

  • Non-GAAP EPS – $0.41 Reported vs. $0.36 Expected
  • Revenues – $22.387 billion vs. $22.35 billion Expected
  • Free Cash Flow – $1.444 billion
  • Profit – $4.72 billion

Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.

On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.

Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.

You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.

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