News
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.
Elon Musk
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Investor's Corner
Tesla reports Q3 Earnings today: here’s what to expect
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
News
SpaceX confirms Starship 15 launch window with massive ambitions
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
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