SpaceX
SpaceX’s Falcon Heavy Block 5 launch debut moved to April 10 to skip storms
SpaceX has decided to move Falcon Heavy’s commercial launch debut 24 hours to the right – from April 9 to 10 – to account for minor processing delays and dodge an unusually severe weather system currently active on the East Coast.
The giant rocket – flying for the first time in its Block 5 configuration – is now scheduled to lift off no earlier than (NET) 6:35 pm EDT (22:35 UTC) on Wednesday, April 10th. This minor delay has been more or less expected by close observers since Falcon Heavy Flight 2’s static fire test was pushed from March 31st to April 5th and is not a cause for concern. Instead, these fairly routine minor slips indicate that the rocket is flowing surprisingly smoothly towards its first commercial launch. In fact, launching on April 10th – five days after a static fire on April 5th – would be routine for Falcon 9, let alone a rocket with three Falcon 9 boosters.
In other words, these minor slips indicate that SpaceX has already managed to more or less transfer its growing experience and confidence with Falcon 9 Block 5 into its brand new Falcon Heavy Block 5 variant. Despite the fact that Falcon Heavy effectively has twice as many major components (three boosters and an upper stage vs. one booster and an upper stage) and uses a center core that is in many ways an entirely different rocket from Falcon 9, the Block 5 rocket’s first launch flow is proceeding as smoothly as SpaceX’s average Falcon 9 flow.
Those average flows typically take 24-48 hours to roll out to the pad and conduct a static fire, followed by an additional 24 or so hours before returning to the hangar. Excluding a few outliers, Falcon 9 Block 5 has typically required four to five days of processing between static fire and the first launch attempt, while the best and worst flows range from 3-10 days. If an observer was unaware that Falcon Heavy was launching, the rocket’s Flight 2 flow would thus be hard to distinguish from its far simpler brethren, suggesting that SpaceX learned a great deal from Falcon Heavy Flight 1 and has been able to communication almost all of the benefits of Block 5 to the triple-booster rocket.
SpaceX can thus retain its exceptionally efficient rocket processing backend, requiring minimal disruption to the rest of its Falcon 9 launch infrastructure and only minor modifications to dual-use hardware and facilities like Pad 39A’s transporter/erector (T/E) and main hangar. In fact, a single-core Falcon 9 booster – B1051 from Crew Dragon’s launch debut – can be seen in the background of Falcon Heavy’s processing, simultaneously undergoing refurbishment and checkouts before it ships West to Vandenberg Air Force Base.
It’s a small detail – both literally and figuratively – but it illustrates that Falcon Heavy integration is already routine enough that there is no need to suspend unrelated activities happening quite literally in the same room. As SpaceX continues to somewhat regularly launch Falcon Heavy, this routinization is likely to continually improve, particularly once the company begins to reuse Falcon Heavy boosters. The first Falcon Heavy-specific booster reuse is scheduled to occur as few as two months after the launch of Arabsat 6A for a USAF mission known as Space Test Program 2 (STP-2).
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Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”
SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.
It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.
Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.
Just a little bit later, Musk said children across the U.S. would be getting a share from him:
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
— Elon Musk (@elonmusk) October 19, 2026
There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
News
SpaceX’s Gwynne Shotwell just made a quiet gesture toward Tesla
SpaceX president Gwynne Shotwell quietly followed Tesla on X, and merger watchers noticed right away.
SpaceX President and COO Gwynne Shotwell has started following Tesla’s official account on X, a small change that landed in the middle of a very loud merger conversation. Whole Mars Catalog joked about it on Sunday.
A follow is not an announcement, and neither company has said anything about a deal. What gives the moment weight is the timing. Barclays analyst Dan Levy has told clients that an agreement could come before Tesla’s annual meeting, which must be held by December 6, with SpaceX as the buyer in an all stock deal, as we reported after the Roadster unveiling. Wedbush’s Dan Ives has stuck with a 2027 timeline.
“Shit, I better start following their X account if i’m gonna be helping run the company”
— Whole Mars Catalog (@wholemars) October 18, 2026
Shotwell is the executive most worth watching if the two companies do move closer. When Musk was asked at the All In Summit why Tesla and SpaceX remain separate, Shotwell sat next to him and said SpaceX personnel had already moved into xAI to fill leadership and engineering gaps. The businesses were integrating “faster than I thought,” she said, though “not fully integrated yet.” Her responsibilities have also grown since SpaceX absorbed xAI, and she now oversees operations that include Grok and the company’s AI compute buildout.
The financial links are already there. Tesla’s $2 billion xAI investment turned into a stake of less than one percent in SpaceX, the two share the Terafab chip project in Austin, and Musk exercised his 2018 Tesla options a week after SpaceX began trading, a sequence analysts flagged as giving SpaceX public shares to use in a deal. Musk holds about 20 percent of Tesla and controls 85.1 percent of SpaceX’s voting power, according to our earlier breakdown.
The next test is close at hand. SpaceX reports its second earnings as a public company on Tuesday after the close, and Tesla follows on Wednesday. Musk told analysts in July that “we can’t talk about combining companies and that kind of thing on an earnings call,” so a direct answer is unlikely from either stage. Tesla shareholders can still submit and vote on questions through the Say portal until 4 p.m. EDT on Monday, and the merger is a recurring theme in the queue.
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