SpaceX
SpaceX plans Falcon 9 satellite launch from Pad 39A prior to Crew Dragon, Falcon Heavy
SpaceX plans to launch one final commercial Falcon 9 mission from Pad 39A before much of the historic facility’s availability is taken over Crew Dragon and Falcon Heavy launch needs, perhaps as soon as December 2018.
The reason for the decision to launch a routine Falcon 9 mission from 39A – while Launch Complex-40 (LC-40) is (presumably) perfectly available – is unknown, but it can likely be pinned down to launch schedule assurance and pad shakedowns ahead of the flight debut of Crew Dragon, NET January 2019.
SpaceX Falcon 9 launch with Es’hail-2 has turned up on the Eastern Range as NET November 14. This launch will take place from 39A. Cool photo from Nathan Barker (@NASA_Nerd) from this week below:
Range shows this is an ASDS landing for the booster.
As always, subject to change. pic.twitter.com/yydKuOVXrP
— NSF – NASASpaceflight.com (@NASASpaceflight) October 17, 2018
Dragons’ rule
Ultimately, the decision to move the launch of commercial communications satellite Es’Hail-2 to Pad 39A likely boils down to a desire to preserve the delay-sensitive CRS-16 Cargo Dragon launch (NET November 27) while also acting as a sort of ad-hoc shakedown for the pad. 39A has undergone a large number of Crew Dragon-related modifications – some visible but most not – and will have been dormant (at least launch-wise) since Falcon 9 Block 5’s debut six months prior.
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Whether or not it’s truly needed, another Falcon 9 launch from the pad will presumably allow SpaceX to work out any new kinks in 39A’s updated ground support infrastructure and perhaps refamiliarize the company’s East Coast launch crew after half a year focused on LC-40 operations. Es’Hail-2 is a ~3000 kg (~6600 lb) geostationary communications satellite to be operated by Qatari company Es’hailSat once it arrives at its final operational orbit.
Despite a recent presentation from SpaceX VP of Reliability Hans Koenigsmann stating that Falcon 9 is capable of returning to launch site (RTLS; i.e. a Landing Zone recovery) while still placing 3500 kg into a geostationary transfer orbit (GTO), SpaceX has filed this launch as an ASDS (autonomous spaceport drone ship) recovery, meaning that it will land aboard Of Course I Still Love You (OCISLY) shortly after launch. Delayed from August 2018, SpaceX may be trying to partially make up for that slip by placing Es’Hail-2 sat in as high of a transfer orbit as possible, potentially cutting weeks or even months off of the time required for the satellite to climb uphill to its operational orbit.
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- A welcome update to SpaceX’s Falcon 9 and Heavy performance with and without booster recovery. (SpaceX)
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- SpaceX’s most recent Florida launch was in early September. (Tom Cross)
An East Coast lull
Unusual for SpaceX in an otherwise meteoric year filled with numerous major ‘firsts’ and the company’s most productive launch cadence yet, there will be a two-month lull in launches from the East Coast between Telstar 18V (September 10) and Es’Hail-2 (NET November 14), interrupted only by the spectacular October 7 launch of SAOCOM 1A in California. Barring any additional issues, SpaceX will likely crest its 2017 launch record (18 missions) by 3 or 4 missions, not quite the 25-30 launches much of the company’s leadership was probably hoping for, but still an extremely impressive number.
Despite the fact that launch delays are never pleasant (much like if Christmas were pushed back weeks or months to wait for sleigh and present availability), the willingness to significantly delay launches or fall short of targets (assuming payload availability has not been the long pole) is actually a very good thing. Within reason, inconvenient delays tend to serve as evidence that SpaceX is not succumbing to quite the same level of “Go fever” and manager/engineer/technician disconnection that has arguably been responsible for a huge number of launch failures, particularly for NASA’s Space Shuttle.
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- SpaceX has already launched 17 successful missions in 2018, one shy of 2017’s record.
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- Plenty of landings, too…
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- The second Block 5 booster, B1047, debuted at LC-40 on July 21. (Tom Cross)
Best described as the point at which non-technical pressures to launch (cost-saving, internal and external politics, general face-saving) far outweigh the voices of the engineers and technicians responsible for reliably designing, building, and launching rockets, “Go fever” is demonstrably one of the worst things that can occur in spaceflight-oriented organizations, where the consequences of even the tiniest failures can often be amplified into total mission and vehicle failures and even the death of employees or astronauts. It may be unpleasant as an unaffiliated follower or fan and is likely far less pleasant still as an employee or manager, but it is undeniably preferable to succeed after weeks or months of delays than to fail catastrophically while staying on schedule.
Speaking of schedules, Es’Hail-2 (39A) is NET Nov. 14, followed by SSO-A (SLC-4E, Vandenberg) NET Nov. 19 and SpaceX’s 16th operational ISS resupply mission – CRS-16 – on Nov. 27th from Pad 40. Heading into the last month of 2018, SpaceX will launch the first of a fleet of new GPS III satellites for the USAF (NET Dec. 15) and finish off the year with a Vandenberg buzzer-beater, the eighth and final Iridium NEXT launch, NET Dec. 30.
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For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
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SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
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Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
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Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
Elon Musk’s space exploration company, SpaceX (NASDAQ: SPCX), is set to report its earnings for the second quarter today in what will be its first-ever earnings call since going public in July.
SpaceX is trading down roughly 25 percent from its IPO. These early stock signals are usually a bit tumultuous, and considering this is the first company actively launching rockets that is available on the stock exchange, investors might have a tendency to be a bit skittish.
However, there are going to be some details that investors will hear for the first time today on the earnings call. Here’s what to look for:
Wall Street Expectations
Revenue is expected to fall somewhere around $6.8 billion, and will be heavily driven by Starlink, which is SpaceX’s widely popular satellite internet platform that has been adopted by numerous airlines, cruise ships, and other maritime operations. It is also available for consumers at home or in their cars.
Earnings Per Share (EPS) expectations fall at a net loss of $0.23 per share. Wall Street sees this as a total net loss of roughly $1.9 billion.
EBITDA is expected to come in between $2 billion and $2.1 billion.
What Investors Want to Know
Tesla uses the Say platform to help work with both retail and institutional investors to answer relevant and quality questions that address concerns or questions that they might have.
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However, SpaceX is doing things differently, as the company launched its own Investor Relations website where these questions are being fielded. Just like the Tesla questions, they seem to be less focused on the operational tasks and overall progress of the company, and more novelty.
Here are the top five:
- Has the team thought about what possibilities there are with your mascot Asteroid? Whether it’s starting additional foundations for kids in its name, helping kids learn about space, etc. Kids are our future, and Asteroid would be a fun and easy way to help.
- Baby Asteroid is already making a difference through charity around the world. Could SpaceX take it even further with programs that inspire kids to explore space?
- SpaceX has some legendary vehicle names. Would you ever allow the public to name a Starship, even knowing there is a 99% chance it becomes Shipy McShipface?
- When can we expect to see more footage of the Human Landing System?
- Will Asteroid (your mascot) go to Mars?
SpaceX will report its earnings today, August 4, at 4:30 P.M. EDT.
SpaceX reports beat in first earnings while minimizing losses
Elon Musk sends second warning to SpaceX shorts ahead of first earnings
