News
SpaceX confirms Starlink launch plans hours before Thursday liftoff
Update: Waiting longer than it ever has before, SpaceX finally confirmed it will attempt to launch Starlink 4-3 less than seven hours before the mission’s planned 6:12 pm EST (23:12 UTC), December 2nd liftoff. SpaceX has yet to publish any additional details or webcast links for the launch but should (in theory) do so within the next few hours.
SpaceX has raised Falcon 9 vertical for a record-breaking Starlink and rideshare mission known as Starlink Group 4 Launch 3 (4-3).
According to Spaceflight Now, Falcon 9 rolled out to SpaceX’s Cape Canaveral LC-40 launch pad and was expected to perform a static fire test as early as Monday, November 29th, briefly firing up the mystery flight-proven booster’s nine Merlin 1D engines to verify the rocket’s health. As of early Wednesday, that static fire has yet to happen, leaving SpaceX just ~36 hours to test the rocket before its current 5:57 pm EST (22:57 UTC), December 2nd launch target.
Despite its name, Starlink 4-3 will be SpaceX’s second Group 4 launch and is scheduled to deliver another 50-52 laser-linked Starlink V1.5 satellites to low Earth orbit. Normally, Starlink 4-3 would be carrying 53 Starlink satellites but SpaceX will instead swap out two or three Starlink satellites for two rideshare payloads from Earth observation company Blacksky.
Starlink 4-3 will be SpaceX’s fifth Starlink rideshare mission and second with Earth imaging satellites from Blacksky after Starlink V1 L9’s successful August 2020 launch. Each weighing around 60 kg (130 lb), Blacksky’s small ‘Gen2’ satellites are designed to capture images of Earth at resolutions of up to 0.9 meters per pixel. If successful, the launch will raise the number of operational Blacksky satellites in orbit from 8 to 10. Another two launches are expected to occur in the next two months for a total of 14 satellites.
Like past Starlink rideshares, SpaceX will likely launch Falcon 9 to a slightly higher orbit than usual – tailored to each customer’s needs. For SXRS-2, Spaceflight says Falcon 9 will deploy all Starlink and rideshare payloads in a (likely circular) 430 km (270 mi) low Earth orbit. In comparison, Falcon 9 deployed Starlink 4-1 in an orbit roughly 340 by 220 km.
For SpaceX, Starlink 4-3 will set at least two major spaceflight records. First, if all goes well, it will be SpaceX’s 27th launch of 2021 – a new record for annual launch cadence. Though CEO Elon Musk originally hoped for 40-48 launches this year, it appears that SpaceX will still manage around 29-31 by the end of December. However, if SpaceX managed to excise the apparent Starlink production gremlins that partly caused its launch cadence to plummet from 20 missions in the first half of 2021 to ~10 in the second half, 2022 could potentially meet Musk’s 2021 expectations.
Additionally, as pointed out by a Teslarati reader, Starlink 4-3 could also see Falcon 9 become the first American rocket in history to successfully complete more than 100 orbital launches in a row, narrowly beating out McDonnell Douglas’ retired Delta II rocket for the title. Earlier this year, many outlets already reported that SpaceX’s May 26th Starlink-28 launch was its 100th consecutive launch. While true in a very literal sense, it ignores SpaceX’s infamous Amos-6 Falcon 9 failure, which occurred well before liftoff but still destroyed both the rocket and payload. Following NASA’s DART mission earlier this month, which was Falcon 9’s unequivocal 100th launch success, Starlink 4-3 will be Falcon 9’s 101st orbital launch since Amos-6.
Only Russia’s R-7 (Soyuz) rockets – the most-launched rocket family in history – have successfully launched more times in a row. Since 1966, Soyuz rockets have launched more than 1900 times and the family has repeatedly completed 100 consecutively successful launches over its decades of operation. Eleven years after its debut, Falcon 9 currently stands at 127 fully successful launches – a lifetime away from matching Soyuz but still well on its way to a thoroughly impressive second place.
Stay tuned for official confirmation from SpaceX of Starlink 4-3’s pending static fire and December 2nd launch date.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
