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SpaceX readies for astronaut capsule recovery backup plan as rocket drone ship deploys to landing zone
Mission objectives of the SpaceX Crew Dragon Demo-2 test flight, have already commenced days ahead of the scheduled launch attempt. On Wednesday, May 27th at 4:33 pm EDT, Elon Musk’s rocket launching – and landing – company, SpaceX, will set out to achieve more firsts than it has ever attempted in one launch. The final Crew Dragon test flight will shuttle NASA astronauts Bob Behnken and Doug Hurley to the International Space Station for the very first time. Along with the primary mission objective to deliver the astronauts safely, many secondary objectives are built into the mission profile. One of which is autonomously turning the Falcon 9 booster around shortly after launch to land on a floating barge in the middle of the Atlantic Ocean.
During the late hours of Saturday, May 23rd, a trusted veteran member of the SpaceX fleet of recovery vessels, Tug Hawk, returned to Port Canaveral to transport SpaceX’s autonomous spaceport drone ship, Of Course I Still Love You (OCISLY) to the designated booster recovery zone some 510km downrange. It seems that Tug Hawk and its crew returned specifically to assist with the recovery efforts of SpaceX’s highest-profile launch to date as there was already another tug at Port Canaveral available to assist that was not used. The arrival was captured by long-time port activity documenter, Julia Bergeron, and reported by the unofficial Twitter SpaceX recovery vessel tracking account, SpaceXFleet.
The SpaceX recovery fleet portion of the Demo-2 mission got underway on the morning of Sunday (May 24th). Space Coast local Greg Scott was at Port Canaveral to capture Tug Hawk’s departure with OCISLY in tow just twelve hours after arriving. About an hour later, the OCISLY support vessel that carries cargo and crew essential for booster recovery efforts, GO Quest, departed. It will take Tug Hawk and OCISLY approximately two days to travel to the recovery zone, arriving about 24 hours before the launch attempt.
The propulsive landing of a booster at sea is not a new concept for SpaceX. However, it is a practice that can be somewhat tricky to get right every time due to a multitude of factors. Recently, SpaceX suffered the loss of the Falcon 9 boosters B1056 and B1048 following recent Starlink satellite launches. Both boosters suffered unrelated issues with high winds and software glitches resulting in failed attempts to stick the landing on OCISLY. However, SpaceX successfully demonstrated the reliability of the Falcon 9 landing capability with the flawless launch and landing of the April 22nd Starlink Falcon 9 B1051 booster.
A special circumstance of the Demo-2 mission is the added recovery requirements of the Crew Dragon capsule. With Crew Dragon launching from LC-39A at the Kennedy Space Center in Florida and splashdown designated for the Atlantic Ocean, various recovery zones span almost the entire length of the United States’ eastern seaboard and across the Atlantic Ocean to Ireland. Special recovery zones also are located throughout the Gulf of Mexico.
Typically, the recovery of a crew capsule would only be thought to occur upon mission end when it is on approach for splashdown after re-entry. However, the specially equipped SpaceX Crew Dragon recovery vessels, GO Searcher and GO Navigator, are required to be able to respond to a number of locations during launch and through the entire duration of Crew Dragon’s time on orbit chasing down the International Space Station prior to docking – for Demo-2 that will be nineteen hours. This is to ensure that in the unlikely event of Crew Dragon experiencing an emergency pad or launch abort scenario, the crew aboard can be safely rescued.
To this end, GO Searcher departed Port Canaveral days ago destined for the Naval Air Station in Pensacola on Florida’s west coast. GO Navigator will remain at Port Canaveral until Crew Dragon returns for a splashdown following the conclusion of Demo-2. Dual Dragon recovery vessels stationed on either side of Florida ensures that Hurley and Behnken can be rescued should they require emergency recovery.
Should Demo-2 pass SpaceX’s upcoming final Launch Readiness Review scheduled for Monday, May 25th, all will proceed toward the launch attempt on Wednesday, May 27th at 4:33 pm EDT.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
