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SpaceX Falcon Heavy booster spotted at Kennedy Space Center
SpaceX has been spotted transporting a Falcon Heavy booster through NASA’s Kennedy Space Center (KSC) facilities, offering a slight glimpse behind the scenes amid a seemingly unending series of launch delays for the most powerful operational rocket in the world.
Continuing a recent surge of Falcon Heavy booster appearances at or around SpaceX facilities, the latest instance saw the company transporting new, unflown Falcon Heavy center core south through KSC to its HangarX rocket storage and processing facilities. While it does not appear that this particular Falcon Heavy center core is the same core believed to be assigned to the rocket’s next launch, its movement is still significant.
First, it’s not entirely clear where the Falcon Heavy center core came from. SpaceX maintains several fragmented processing and storage facilities in hangars strewn throughout the Cape Canaveral Space Force Station (CCSFS), though SpaceX’s new HangarX facility – located within KSC ground – was presumably meant to organize booster and fairing storage, outfitting, and refurbishment under one roof.
Regardless, the new Falcon Heavy center core moved to HangarX on March 9th, 2022 was missing at least a few essential parts, suggesting that it could merely be headed there to be fully outfitted for an upcoming launch. However, it could also have been moved to HangarX for longer-term storage after waiting too long at a satellite storage facility. Due to seemingly unrelenting delays impacting at least three of several Falcon Heavy launches planned in 2022, SpaceX has been stuck shuffling more and more Falcon Heavy cores over the last six or so months.
As of September 2021, all three new Falcon Heavy cores meant to support USSF-44 – set to be the rocket’s first launch in more than two years – were already inside the integration hangar at Pad 39A, the only launch site able to support Falcon Heavy. Originally meant to launch in late 2020, both USSF-44 and USSF-52 have been more or less indefinitely delayed ever since. In September, USSF-44 – one or several geostationary US military satellites – was expected to launch as early as October 2021. Soon after, the launch was delayed to “early 2022.” As of March 2022, the US military now refuses to offer even a vague public estimate for the mission’s latest launch target.
Combined with a series of either two or three Dragon launches – all of which need Pad 39A – planned as early as late March, mid-April, and early May, it’s now all but guaranteed that Falcon Heavy will have to wait until May or June 2022 for its first launch since June 2019 – a staggering three-year gap. Due to those delays, SpaceX is currently juggling an unprecedented fleet of six (soon to be seven) unflown, ready-for-flight Falcon Heavy boosters on top of another dozen flight-proven Falcon 9 and Heavy boosters.
On top of the military’s USSF-44 and USSF-52 missions, both of which are now years behind schedule, satellite communications provider ViaSat also recently announced the latest in a long line of ViaSat-3 launch delays, pushing its Falcon Heavy launch from this spring to no earlier than “late summer” – i.e. late Q3 2022. Ironically, of Falcon Heavy’s near-term missions, only NASA’s Psyche spacecraft – designed to orbit and explore an exotic asteroid tens to hundreds of millions of miles from Earth – has survived the last year or two without a major launch delay. It remains on track to launch in August 2022.
In fact, given that there is apparently so much uncertainty surrounding USSF-44 and USSF-52 that the US military is no longer willing to offer any public schedule estimate, it’s starting to look likely that Psyche – barring its own delays – could launch before USSF-44, USSF-52, and ViaSat-3. If that’s the case, SpaceX has almost half a year to prepare for the launch and it would only make sense to move all Falcon Heavy cores to longer-term storage until schedule confidence improves.
Unfortunately, that means that until there are signs of tangible preparations or actual military payloads arriving at Cape Canaveral, it’s very likely that SpaceX will have to wait until August 2022 at the earliest for Falcon Heavy’s first launch in more than three years.
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’
