News
SpaceX set for third Starlink launch in a row [webcast]
Update: SpaceX says that a Falcon 9 rocket is on track Starlink 4-11 from California’s Vandenberg Space Force Base (VSFB) no earlier than (NET) 9:12 am PST (17:12 UTC) on Friday, February 25th. The mission will be the third of five back-to-back Starlink launches planned in February and March 2022.
In lieu of commercial missions that are ready to fly, SpaceX Falcon 9 rockets are currently scheduled to launch at least five batches of Starlink satellites in a row.
The streak won’t break the company’s record of seven back-to-back Starlink launches but it does highlight one beneficial side-effect of SpaceX’s relentless pursuit of vertical integration – the ability to create its own launch demand. Just shy of two full months into 2022, SpaceX has launched seven times – three for paying customers and four for Starlink. Before February is over, the company is scheduled to launch at least one more batch of Starlink satellites for a total of eight launches in the first two months of the year.
Up next, SpaceX is scheduled to launch Starlink 4-11 out of its California-based Vandenberg Space Force Base (VSFB) SLC-4E facilities no earlier than (NET) 9:08 am PST (17:08 UTC), Friday, February 25th. Drone ship Of Course I Still Love You (OCISLY) departed the Port of Long Beach for the mission on February 22nd and is headed around 640 kilometers (~400 mi) southeast to a booster landing area just off the coast of Baja California. Falcon 9 booster B1063 is scheduled to support the mission – its fourth launch overall and first since it helped launch NASA’s DART asteroid redirection spacecraft into interplanetary space in November 2021.
Up next, another Falcon 9 rocket is scheduled to launch Starlink 4-9 as early as “mid-morning” EST on Thursday, March 3rd from its Kennedy Space Center LC-39A pad. Booster B1060 is reportedly scheduled to support the mission and will become the third SpaceX first stage to singlehandedly support eleven orbital-class launches if it does. Starlink 4-9 could be the pad’s last mission for a few weeks to give SpaceX enough time to convert its rocket transporter/erector for the March 30th launch of Axiom-1, which will send four private astronauts to the International Space Station.
Finally, SpaceX plans to launch Starlink 4-10 NET Tuesday, March 8th from Cape Canaveral Space Force Station (CCSFS) Launch Complex 40 (LC-40). It’s likely that SpaceX will launch at least one more Starlink mission next month but a firm date has yet to be settled on. All told, including Starlink 4-7 (February 3rd) and Starlink 4-8 (February 21st), SpaceX is on track to launch at least five Starlink missions in a row, hopefully placing around 240 satellites (~200 after losing most of Starlink 4-7 to a “geomagnetic storm”) in orbit in less than five weeks.
More a sign of a lack of commercial missions ready for flight than anything else, SpaceX’s record for uninterrupted Starlink missions – set from February to April 2021 – is seven launches. Technically, SpaceX actually managed 12 Starlink launches between February and March, with just one commercial mission – Crew-2 – separating the lot. Barring surprises, SpaceX is thankfully unlikely to be hit by a similar streak in 2022.
There’s a chance that SpaceX will launch a batch of three O3B mPower satellites for SES next month. At a minimum, SpaceX is scheduled to launch a trio of Dragon missions over the next two or so months, beginning with Ax-1 NET March 30th. Another Crew Dragon is scheduled to launch Crew-4 for NASA on April 15th, followed by Cargo Dragon 2’s CRS-25 space station resupply mission as early as May 1st. Excluding Starlink missions and on top of the three commercial launches SpaceX has already completed this year, there are as many as 38 more commercial Falcon launches tentatively scheduled before the end of 2022.
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.
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.
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.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla reports Q3 Earnings today: here’s what to expect
