News
SpaceX’s massive Falcon Heavy rocket aims for December 29 inaugural launch
Based on information released by NASASpaceflight.com, a highly reliable source of insider details, SpaceX’s first Falcon Heavy rocket could roll out to the LC-39A launch pad before the end of November, less than a month away. While the first roll-out (or two) will be dedicated solely to “Wet Dress Rehearsals” (WDR), this will be the first time the iconic vehicle makes it to the pad, and will be a historic event regardless of what follows.
No earlier than (NET) “late-November”, the first WDR will see Falcon Heavy go through the usual motions of propellant loading while also conducting an array of systems checks and validations to verify that things are proceeding as expected. This first test will not culminate in any sort of hot-fire, and is more intended to verify that the massive rocket is playing well with the modifications made to the launch pad and the Transporter/Erector/Launcher (TEL) that carries it from the integration facilities to the pad. If major issues come up, they will be dealt with and followed by a second identical WDR. If there are no issues with the first WDR, the second rehearsal could smoothly morph into the first static fire of the integrated vehicle.
As Chris Gebhardt of NSF discusses in some detail, the first Falcon Heavy static fire(s) conducted at LC-39A will be of groundbreaking importance, as SpaceX is currently unable to test fully-integrated Falcon Heavy vehicles at its McGregor, Texas facilities due to the rocket’s sheer power. A lot, thus, rests on these first static fires, currently scheduled to begin around December 15th.
Falcon Heavy and Dragon 2 could one day enable circumlunar space tourism. (SpaceX)
Given the distinctly experimental nature of Falcon Heavy’s inaugural launch, specific dates are best taken as general placemarkers, and the actual dates of the first flow depend entirely upon the tests that precede each subsequent step. Nevertheless, the dates provided by NASASpaceflight point to Falcon Heavy’s first static fire on December 15th, followed two weeks later by a tentative launch date of December 29th.
Staying focused on Mars: Is Falcon Heavy necessary?
Even an uncertain launch date of that specificity is still a historic event for Falcon Heavy, long lampooned and straw-manned as an example of SpaceX’s silly pie-in-the-sky claims and Elon Musk’s oversimplification of complex engineering tasks. There is a grain of truth to such contentions, but they tend to miss the point by huge margins. The actual market for mid-level heavy-lift launch vehicles like Falcon Heavy is quite simply too small to be a major motivator for a commercial launch company like SpaceX. One must remember that SpaceX was not founded to be a run-of-the-mill launch provider. The company’s goal, as has been reiterated ad infinitum, is “enabling human life on Mars”, something that has explicitly prefaced every single job posting on the company’s website for more than half a decade.
For a time, it appeared that Falcon Heavy might eventually be used to enable SpaceX’s Red Dragon program, intended to field-test the technologies needed for month-long cruises in deep space and landing large payloads on Mars. However, the program was cancelled earlier this year, in favor of what Musk called “vastly bigger ships”. Indeed, updated Mars plans unveiled on September 29th showed that SpaceX was forging ahead with an updated BFR and BFS, and hopes to fly its first missions to Mars in 2022.
SpaceX’s massive BFR, intended to create and support a human colony on Mars, is visualized taking to the sky. Experience from operating Falcon Heavy will likely benefit BFR once it eventually begins hot-fire testing. (SpaceX)
Falcon Heavy will admittedly become the most powerful operational launch vehicle when it first lifts off in approximately two months, and it will likely retain that title well into 2020, when NASA’s Space Launch System may conduct its first launch. However, regardless of the impressive technological accomplishments it will embody, Falcon Heavy simply is not powerful or affordable enough to ever realistically enable a sustained human presence on Mars. SpaceX does have a small number of customers actively waiting with payloads for Falcon Heavy – its second mission is currently penciled in for June 2018 – and it is reasonable to assume that some or all of those missions will be completed simply out of due diligence. SpaceX may also be motivated to continue the Falcon Heavy program as a possible entrant in a recently-announced USAF competition meant to partially fund the development of multiple US-built heavy-lift launch vehicles.
More simply still, experience derived from igniting and simultaneously operating Falcon Heavy’s 27 Merlin 1D rocket engines will to some extent benefit BFR’s development and operations, as the conceptual vehicle is currently expected to host 31 Raptor engines on its first stage.
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- Taken on October 9th by Ted Meyer, this airborne shot shows that LZ-1’s second pad (on the left) is close to completion. (tedwardmeyer/Instagram)
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- LZ-1’s operational landing pad has seen hosted multiple successful landings from 2016-2017. (SpaceX)
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- The base of the TEL now sports multiple additional launch clamps (large grey protrusions) that will be needed for Falcon Heavy’s three first stage cores. (SpaceX)
Whether Falcon Heavy is to remain a development or production priority for SpaceX after its first several launches is unclear, but the vehicle’s inaugural launch and all subsequent launches are bound to be spectacles to behold. The company’s second Florida-based launch pad, intended to support two simultaneous landings of Falcon Heavy’s side boosters, appears to be nearly complete. At LC-39A, the facility’s TEL already sports major visible modifications necessary for it to operate with Falcon Heavy. All three of the first Heavy’s first stage cores have already completed hot-fire testings in Texas and are now located at Cape Canaveral, awaiting their first integrated tests later this month. Delays to the December 29th launch date are probable, but the various components needed for Falcon Heavy’s first launch have truly come together, and the vehicle’s launch is now simply a matter of “when”. Place your bets!
SpaceX (NASDAQ: SPCX) will report its first public earnings call today since its IPO earlier this year, and there are a few things we expect to hear about, as well as Wall Street analysts, who have already outlined their expectations for the call.
Wall Street analysts have a consensus of $12.72 billion in revenue and an earnings per share (EPS) of $0.13. These are broken down into three sectors: Space, Connectivity, and AI/SI, which are perceived in this way:
- Space: $1.41 billion
- Connectivity: $4.84 billion
- AI/SI: $6.47 billion
Other outlets cluster near $12.8 or $12.9 billion in revenue and $0.14 – $0.15 EPS. This implies a roughly 65 percent sequential growth from Q2’s $7.81 billion, driven mostly by AI/SI, with the first post-IPO positive EPS expected.
Here are the three things to watch for on the call:
AI Revenue Ramp and the $100B+ ARR target
AI is truly the swing factor for SpaceX, and analysts expect it to roughly double from Q2’s $2.56 billion and become about half of total revenue. Management previously guided to a $100 billion+ annualized run rate by December, including the Cursor acquisition, which was $60 billion, to close the quarter.
Listen for updates on SpaceX’s compute capacity, especially pertaining to its contracts with Google, Anthropic, and others, revenue per watt, any new deals, and Cursor’s early contribution.
Starlink/Connectivity Metrics and Mobile Expansion
Connectivity remains a main profit engine for SpaceX. Subscriber additions will be something to pay attention to, as Q2 ended at 12 million and previews are looking at 14 million for this quarter. Additionally, ARPU trends, enterprise and government growth, and any commentary on Starlink Mobile will be something to pay attention to, especially following the recent low-band spectrum deal and FCC-related constellation approvals.
Capex Trajectory, Cash Burn/FCF, and Starship/Operational Updates
Q2 capex of roughly $18.4 billion weighed on the stock. Investors will look to scrutinize Q3 spending levels, any guidance on the pace into Q4/2027, free cash flow, backlog, and liquidity. Operational color on Starship (Flight 14 milestones and Flight 15 timing/reusability progress), Falcon cadence, and government/NASA contracts are also in focus.
Of course, there will also be some speculation on the potential Tesla-SpaceX merger, but there was nothing mentioned in the company’s proxy it sent earlier this week.
SpaceX will report earnings after market close today and will stream the call on X.
Watch live as SpaceX discusses our Q3 2026 earnings at 3:30pm CT today → https://t.co/Qrb0qeVG15
— SpaceX (@SpaceX) October 20, 2026
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News
SpaceX just launched its secret Starfall saucer again
SpaceX launched its Starfall capsule again on Bandwagon-5, this time listed openly beside rideshare customers.
SpaceX launched its Starfall reentry capsule for the second time on Tuesday morning, flying it as the payload of the Bandwagon-5 rideshare mission. Falcon 9 lifted off from Space Launch Complex 40 in Florida at 7:04 a.m. ET with 32 payloads, and the first stage booster, on its 19th flight, landed on the droneship A Shortfall of Gravitas about nine minutes later.
Starfall was scheduled to separate last, 2 hours and 48 minutes after liftoff. The final customer satellite on SpaceX’s mission timeline comes off the upper stage about an hour and nine minutes in, which left a long gap before the capsule was due to be released alone. SpaceX later posted that the payload deployment sequence is complete. At liftoff, the company said Starfall “enables affordable, routine access to a microgravity environment, providing unique opportunities for on-orbit manufacturing, scientific research, and testing.”
Starfall enables affordable, routine access to a microgravity environment, providing unique opportunities for on-orbit manufacturing, scientific research, and testing https://t.co/y8kJg3QDor
— SpaceX (@SpaceX) October 20, 2026
As Teslarati reported before the first Starfall flight, SpaceX made no public announcement about the vehicle then, and nearly everything known came from FAA and FCC filings. This time Starfall is an item name on the official mission page, listed beside paying rideshare customers. SpaceX has still not said what, if anything, is aboard this Starfall, Spaceflight Now noted.
The FAA’s environmental assessment from May describes a disk about 10.2 feet wide and 2.5 feet tall that weighs roughly 4,600 pounds and can bring 2,200 pounds of payload back to Earth.
Interestingly, the same rocket also carries a competitor’s hardware. Varda Space Industries launched its W-Series 7 capsule on Bandwagon-5, a spacecraft about three times smaller than Starfall that will test whether microgravity can improve the solubility of a cancer drug called Protac. It is Varda’s ninth reentry capsule, and W-8 and W-9 launched earlier this month on Transporter-18. SpaceX has been Varda’s launch provider since the company’s first Falcon 9 rideshare contract in 2021.
SpaceX has not published where or how this Starfall will come down. The preview we ran in June described a recovery from the Pacific Ocean, and the company has not said whether this flight follows the same plan. The launch also arrives hours before SpaceX posts its third quarter results after the market closes, a report we previewed earlier this week.
Elon Musk
The Boring Company’s latest Tesla tunnel truck mod “fits like a glove”
The Boring Company has modified a Tesla powered tunnel truck to carry freight containers underground.
The Boring Company has found a second job for the Tesla hardware it already runs underground. In a post on X, Elon Musk’s tunneling company showed its latest Prufrock Liner Truck modified to carry a standard 20 foot shipping container. “Using TBC tunnels to transport freight,” the company wrote. “The latest Prufrock Liner Truck (using Tesla Model 3 batteries and drive units) has been modified to carry a standard 20′ shipping container. Fits like a glove!”
The photo shows a red container sitting on a long, low white chassis parked outside, with drive hardware visible at one end. The Boring Company did not say where or when freight hauling would start, which customers it has in mind, or how many trucks it is converting.
Using TBC tunnels to transport freight.
The latest Prufrock Liner Truck (using Tesla Model 3 batteries and drive units) has been modified to carry a standard 20’ shipping container.
Fits like a glove! https://t.co/VV0phWK4fc
— The Boring Company (@boringcompany) October 19, 2026
Until now, the liner trucks have hauled concrete. Teslarati reported in August on Liner Truck 3, which uses Model 3 battery packs and drive units to move more than 22,000 pounds of precast tunnel segments to the boring machine. It has 28 miles of range, tops out at 12 mph, and is piloted remotely from the company’s operations center in Texas. The freight version appears to be the same platform with a different bed, and The Boring Company has not said whether it will also be remotely piloted.
Freight has been on the company’s menu for years. When TBC updated its product lineup in 2021, its freight tunnel was described as sized to fit a standard shipping container, “barely.” The company later used the idea at Tesla’s own factory, where Prufrock 3 dug a tunnel to Giga Texas that now moves finished Cybertrucks away from the production line.
The Boring Company closed a $3 billion Series D in September at a $23 billion valuation, and Teslarati has covered how that money is tied to a UAE tunneling push and a faster Nashville build. In Nashville, Prufrock MB1 and MB2 are mining at the same time, and a third machine is expected to launch in late October. Each machine needs a steady supply of liner trucks, so any design that works for segments and containers alike gives the company more use out of the same Tesla parts.
The Vegas Loop remains the only Boring Company system open to the public, and it moves passengers in Tesla vehicles. A freight service would be a separate product, and the post gave no indication that one is close to launch. For now, it is a truck, a container and a short caption saying they fit together.
SpaceX reports its first earnings today: here’s what to expect
SpaceX just launched its secret Starfall saucer again
The Boring Company’s latest Tesla tunnel truck mod “fits like a glove”
SpaceX reveals how its 1 Million AI satellite network will work and prevent space collisions
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
