News
SpaceX test emergency egress drills ahead of upcoming crew mission
NASA and SpaceX are progressing full steam ahead to an epic launch of the crewed Dragon spacecraft. Known as Demo-2, the mission is estimated to blast off in mid-to-late May, marking the first-ever flight of the Dragon with astronauts on board.
As part of that historic mission, two NASA astronauts — Doug Hurley and Bob Behnken — will launch to the International Space Station, where they will spend a still to be determined amount of time. The mission, deemed critical by NASA, is progressing as planned despite the coronavirus outbreak that’s spreading across the country.

To that end, NASA and SpaceX personnel, along with the crew, practiced essential safety drills and launch day procedures at the space agency’s Kennedy Space Center in Florida. SpaceX’s Crew Dragon capsule, and its Falcon 9 launcher, are equipped with numerous safety features designed to protect astronauts in the event of an emergency. And NASA wants to make sure they work.
One system — known as a launch escape system — was recently tested in-flight, proving that if something is wrong with the Falcon, the crews can be whisked away to safety by Dragon. But what if something goes wrong on the launch pad? The launchpad is equipped with a zipline that can be used to whisk astronauts quickly back to the ground should an emergency happen.
On April 3, @NASA and @SpaceX conducted an emergency egress exercise at Launch Complex 39A at @NASAKennedy.
This demonstration was completed to ensure the crew & support teams can quickly evacuate from the launch pad in the unlikely event of an emergency: https://t.co/5xYN51WHGp pic.twitter.com/75LTRoyMKA
— NASA Commercial Crew (@Commercial_Crew) April 7, 2020
On Friday (April 3), SpaceX and NASA completed an important test of that system. Teams simulated an “emergency egress”, running through a series of steps designed to transport the astronauts off the pad, and ensure their safety in the event that a serious problem crops up prior to liftoff.
“Teams rehearsed locating injured personnel on the 265-foot-level of the launch tower, loading them into the pad’s slidewire baskets and safely descending the tower, then successfully loading the injured participants into Mine Resistant Ambush Protected (MRAP) vehicles staged at the pad perimeter,” NASA officials wrote in an update.
This follows a series of simulations that the teams ran last month. They gathered in Firing Room 4, SpaceX HQ, and Johnson Space Center to run through launch simulations, ensuring the crew and launch control teams were ready for anything on the day of launch.
The flight is one for the history books as it marks the return of human spaceflight from U.S. soil since 2011. When the space shuttle program ended, NASA and other agencies around the world relied solely on Russia to ferry their astronauts to and from space. But that was only temporary as NASA turned to private companies to build its next generation of space taxis in 2014.

Ever since, the agency’s two contractors, SpaceX and Boeing, have worked to build its own version of an astronaut transport. Following a successful uncrewed test flight, SpaceX’s Crew Dragon capsule will be the first to launch astronauts for NASA. If this mission goes well, the California-based spaceflight company will be certified to launch astronauts on a regular basis.
NASA astronaut Shannon Walker has been assigned to the first operational crewed flight of @SpaceX's Crew Dragon, bound for the @space_station!
Pending a successful Demo-2 test, Walker, @Astro_illini, @VicGlover and @Astro_Soichi will launch this year. https://t.co/eYUN1Zt6Y0 pic.twitter.com/Fi4hCEZV3W
— NASA's Johnson Space Center (@NASA_Johnson) March 31, 2020
It’s first crew of four people — NASA astronauts Michael Hopkins, Victor Glover Jr., and Shannon Walker and Japanese astronaut Soichi Noguchi — are set to fly later this year or the beginning of 2021, if all goes as planned.
Boeing completed its uncrewed test flight in December of last year; however, its capsule experienced an inflight anomaly and was unable to reach the space station. Following an extensive review, Boeing has decided to repeat its uncrewed test flight before it launches people. That flight is expected for some time this fall.
News
Tesla CEO Elon Musk says flying cars are coming
Tesla CEO Elon Musk said that flying cars will be coming to the market, something that his own company has hinted at previously.
Musk said on X, in response to a post that read, “We were promised flying cars and all we got is infinite superintelligence for everyone,” “You will get flying cars.”
You will get flying cars
— Elon Musk (@elonmusk) August 12, 2026
The post rang back to when Musk teased flying and hovering capabilities for the Tesla Roadster, the company’s supercar that has been delayed more times than anyone cares to count. It was set for an unveiling earlier this year, but it was then pushed back to August. There is still no sign of it coming.
However, that does not mean it won’t. But one of the biggest features of the Roadster that was teased was a SpaceX package that featured cold gas thrusters on the rear end that would help with white-knuckle acceleration. Another set would face the ground and would help the Roadster gain small bits of altitude, potentially helpful to jump over obstacles.
Elon Musk hints at Tesla Roadster’s “hovering” abilities in SpaceX package
But it is not a straightforward thing for Musk. As a serial entrepreneur, he tends to spend his time on major disruptors; currently, his largest projects are artificial intelligence and compute power, as well as SpaceX’s launches that will eventually make life multiplanetary.
In the past, he has been critical of flying cars and has been in favor of tunnels, one of the big reasons he started the Boring Company. In 2017 at a TED talk, he said:
“There is a challenge with flying cars in that they’ll be quite noisy. The wind force generated will be very high. Let’s just say that if something’s flying over your head, if there are a whole bunch of flying cars all over the place, that is not an anxiety-reducing situation…You’re thinking, ‘Did they service their hubcap? Or is it going to come off and guillotine me as they’re flying past?’”
However, he’s never been against them. He has also said he’s in favor of both tunnels and flying cars.
Contrary to press reports, I’m not against flying cars. Just said it was important to consider both pros and cons.
— Elon Musk (@elonmusk) March 24, 2015
Most recently, Musk said that anyone who wants a flying car should be able to get one. This was stated last October on the Joe Rogan Experience:
“My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars… I think if Peter wants a flying car, we should be able to buy one.”
Whether the Roadster will be Tesla’s flying car or potentially another one remains in the mind of Musk. Of course, the Roadster will have to make its way to production lines before we find out.
Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
Investor's Corner
Tesla has one big financial question to answer for investors: Morgan Stanley
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
