

News
SpaceX launches fourth Starlink mission in 16 days
Update: SpaceX has officially completed its fifth Falcon 9 launch and landing in three weeks and delivered its fourth batch of Starlink satellites to orbit in 16 days.
Following a rare ‘leapfrog’ likely due to the presence of third-party rideshare payloads from Capella Space and Tyvak, Starlink-26 successfully lifted off on May 15th, six days after a flawless Starlink-27 launch that also marked the first tenth flight of a Falcon booster. Starlink-26 is SpaceX’s fourth Starlink rideshare and fifth self-managed rideshare overall, as well as the company’s 15th launch of 2021. With more than six months to go until 2022, SpaceX could complete upwards of 40 orbital launches this year if it maintains that cadence.
Up next, Starlink-28 is already scheduled to launch as early as the afternoon of May 26th.
On the heels of a two-week April hiatus as SpaceX switched its focus to a crucial astronaut launch, the company has begun churning through an unending backlog of Starlink missions.
Crew Dragon and Falcon 9 became the first crewed space capsule and liquid rocket booster to launch astronauts twice on April 23rd, acing NASA’s Crew-2 mission with four international astronauts. Less than a week later, SpaceX jumped back to the grind with Starlink-24 on April 29th. On May 4th, Falcon 9 B1049 aced its ninth launch and landing and delivered the booster’s seventh batch of 60 Starlink satellites to orbit with Starlink-25.
Less than five days after that, Falcon 9 booster B1051 successfully lifted off on SpaceX’s Starlink-27 mission, becoming the first liquid rocket booster ever to complete ten orbital-class launches (and landings). Hours later, Starlink-25 Falcon 9 booster B1049 sailed back to port on drone ship Of Course I Still Love You (OCISLY). Amidst that flurry of launches, landings, and booster returns, SpaceX has already scheduled its next Starlink launch – Starlink-26 – less than a week after Starlink-27.
According to Spaceflight Now, Next Spaceflight, and launch photographer Ben Cooper, Starlink-26 – leapfrogged by Starlink-27 for unknown reasons – is scheduled to launch as early as 6:58 pm EDT (00:58 UTC) on Saturday, May 15th, less than a week after Starlink-27. Next Spaceflight reports that SpaceX has assigned Falcon 9 booster B1058 to launch Starlink-26 – its eighth orbital-class launch – 38 days after the same rocket launched Starlink-23.
There are some signs that Starlink-26 will carry rideshare payloads for one or several other companies, which could explain why the mission was leapfrogged by Starlink-27. The only other instance of a leapfrog happened last year when Falcon 9 booster B1049 was beset by repeated delays while trying to launch Starlink-15, which could also have delayed Starlink-26.
Either way, if SpaceX manages to launch Starlink-26 on time, it will be the fourth Starlink launch in 16 days and third in 11 days, setting up May 2021 to be one of the busiest months in the company’s history. Beyond Starlink missions, SpaceX recovered Crew Dragon and four astronauts for the first time after a record-breaking long-duration spaceflight on May 2nd, followed by Starship SN15 becoming the first full-size Mars rocket prototype to survive a high-altitude launch and landing on May 5th.
Less than two weeks prior, SpaceX launched four international astronauts to orbit in a flight-proven Dragon capsule and on a flight-proven Falcon 9 booster, representing a truly historic validation of the company’s reusable rockets and spacecraft. Accompanied by the symbolic but still historic tenth flight of a Falcon booster weeks later, it’s hard to say that SpaceX’s future has ever looked brighter.
Investor's Corner
Cantor Fitzgerald reaffirms bullish view on Tesla after record Q3 deliveries
The firm reiterated its Overweight rating and $355 price target.

Cantor Fitzgerald is maintaining its bullish outlook on Tesla (NASDAQ:TSLA) following the company’s record-breaking third quarter of 2025.
The firm reiterated its Overweight rating and $355 price target, citing strong delivery results driven by a rush of consumer purchases ahead of the end of the federal tax credit on September 30.
On Tesla’s vehicle deliveries in Q3 2025
During the third quarter of 2025, Tesla delivered a total of 497,099 vehicles, significantly beating analyst expectations of 443,079 vehicles. As per Cantor Fitzgerald, this was likely affected by customers rushing at the end of Q3 to purchase an EV due to the end of the federal tax credit, as noted in an Investing.com report.
“On 10/2, TSLA pre-announced that it delivered 497,099 vehicles in 3Q25 (its highest quarterly delivery in company history), significantly above Company consensus of 443,079, and above 384,122 in 2Q25. This was due primarily to a ‘push forward effect’ from consumers who rushed to purchase or lease EVs ahead of the $7,500 EV tax credit expiring on 9/30,” the firm wrote in its note.
A bright spot in Tesla Energy
Cantor Fitzgerald also highlighted that while Tesla’s full-year production and deliveries would likely fall short of 2024’s 1.8 million total, Tesla’s energy storage business remains a bright spot in the company’s results.
“Tesla also announced that it had deployed 12.5 GWh of energy storage products in 3Q25, its highest in company history vs. our estimate/Visible Alpha consensus of 11.5/10.9 GWh (and vs. ~6.9 GWh in 3Q24). Tesla’s Energy Storage has now deployed more products YTD than all of last year, which is encouraging. We expect Energy Storage revenue to surpass $12B this year, and to account for ~15% of total revenue,” the firm stated.
Tesla’s strong Q3 results have helped lift its market capitalization to $1.47 trillion as of writing. The company also teased a new product reveal on X set for October 7, which the firm stated could serve as another near-term catalyst.
Elon Musk
Elon Musk’s xAI becomes Memphis’ 2nd largest taxpayer in just one year: report
Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape.

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape. In just twelve months, the company has become the city and county’s second largest taxpayer.
The update was related in a report from The Wall Street Journal.
Memphis’ second-largest taxpayer
xAI is currently transforming a defunct Mississippi power plant into a crucial hub for AI, supplying electricity to its Colossus supercomputer cluster and its successor, Colossus 2. Together, the Colossi supercomputers will host more than half a million Nvidia chips that would be used for the development and improvement of Grok, xAI’s large language model.
The buildout has injected billions into the region, making xAI one of Memphis’s most significant private investors and a symbol of the city’s high-tech aspirations. Bill Dunavant III, a Memphis businessman who sits on the board of directors of the city’s chamber of commerce, highlighted xAI’s contribution to the city’s economy in a comment to the WSJ.
“In one year, xAI has become the second largest taxpayer in the city and county after FedEx,” he said. A spokesman for the Greater Memphis Chamber of Commerce has also stated that xAI has demonstrated “substantial economic commitment to our region, without any tax incentives.”
Not without controversy
Despite the economic boost, xAI’s footprint has drawn scrutiny. The company’s natural-gas-powered turbines are expected to consume a substantial amount of water and electricity. Critics have also expressed worries about pollution and increased utility costs, though others see Musk’s wastewater recycling plans and cleanup initiatives as meaningful offsets.
As per the WSJ, xAI’s positioning in the market may be quite different than what Musk is typically used to, considering that the CEO tends to become a first mover in key industries, such as the EV segment with Tesla and private spaceflight with SpaceX. With xAI, however, he is catching up to competitors, the most notable of which is a company he co-founded, OpenAI, and its ubiquitous large language model, ChatGPT.
News
Tesla all but confirms that affordable Model Y is coming Tuesday
It does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.

Tesla has released a cryptic teaser of a product that would be announced on Tuesday, October 7, 2025. Based on the company’s hint, it does appear that the product would be the affordable Model Y that has been spotted doing road tests across the country over the past months.
Affordable Model Y sightings
Last week, news emerged that a number of key Tesla influencers visited Gigafactory Texas for a private event. These included veteran Tesla YouTubers, car reviewers, influencers on X, and even a teardown expert who provided the initial insights on how to improve the original Model 3 sedan. At the same time, an uncovered unit of the apparent affordable Model Y was posted online. The vehicle was reportedly sighted close to Giga Texas.
The new Model Y variant had some notable changes from the standard Model Y. Its fascia seemed inspired by the Model 3 sedan instead of the Cybertruck, and its roof seemed blacked out. Overall, it looked like a simpler Model Y designed to be offered at an affordable price.
The weekend teasers
Teasers about an upcoming product were posted by Tesla’s official account on social media platform X, though the electric vehicle maker made it a point to keep things very vague. Initially, a closeup video of what appeared to be an aero wheel was posted, though it was vague enough that some speculated that it could be Elon Musk’s long-announced HVAC system instead.
On Sunday, another teaser video was posted featuring the headlights of a new car. This brought speculations that the new Roadster might finally be announced. Inasmuch as a new Roadster unveiling would be exciting, however, it was evident that the headlights in the new teaser were a match to the uncovered affordable Model Y unit that was spotted close to Giga Texas a few days ago. With this in mind, it does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.
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