News
SpaceX Falcon Heavy spied on the move ahead of test fire
While touring Florida’s Kennedy Space Center by bus earlier this morning (January 8), several spaceflight fans captured SpaceX’s Falcon Heavy rolling out to Pad 39A for the second time ever. Following a basic fit check and photo opportunity at the launch pad in the last week of 2017, the launch vehicle now appears to be prepped and ready for its first wet dress rehearsal (WDR) and static fire test.
If all goes well during the wet dress rehearsal’s propellant loading tests, an admittedly less than guaranteed outcome, then the WDR will likely translate into a momentous occasion for the massive rocket: the first-ever simultaneous ignition of all three of its integrated first stages and their 27 Merlin 1D engines. While relatively unique to SpaceX, the company has made a habit of testing each and every new Falcon 9 first stage with two full-up static fire ignitions, one at McGregor, Texas and the other at the vehicle’s given launch pad. Following the destructive failure of Falcon 9 during a September 2016 static fire test, SpaceX further upped their cautious procedures by removing the payload for all future static fires, lest the customer request that it remain integrated for the sake of time savings.
Unsurprisingly, no customers have since chosen to bypass SpaceX’s new risk-reducing procedures. Falcon Heavy will clearly be a return to older methods, delineated by the clear presence of the second stage and Tesla Roadster payload at its top, although this decision was almost undoubtedly driven by the fact that the payload is in no real way valuable or even important for the “customer,” SpaceX itself. The Tesla Roadster is more or less a stand-in for the traditional boilerplate satellite (read: hunk of dead metal) often launched during the inaugural flights of new rockets. The best recent example is the 2004 inaugural launch of Boeing’s Delta IV Heavy rocket, similar to Falcon Heavy in the sense that it also features a triple-core first stage. Its first launch carried a payload that was quite literally a 6000 kg (13500 lb) piece of metal paired with a number of sensors used to gather vibrational data.
- A GIF of Delta IV Heavy’s inaugural 2004 launch. The mission was a partial failure. (ULA)
- The mission’s DemoSat, a 6100kg hunk of metal (and two DoD nanosats). (ULA)
Somewhat fittingly, Delta IV Heavy is aiming to conduct its own launch within the next week or so, providing the East Coast with back to back launches of the world’s two largest operational rockets. Still, as SpaceX and Elon Musk have repeatedly mentioned, Falcon Heavy is far more capable than even Delta IV Heavy: while Falcon Heavy is noticeably shorter, narrower, and thinner than Delta, it weighs almost twice as much and will sport nearly 2.5 times the thrust at liftoff.
Delta IV Heavy’s launches are undoubtedly spectacles to behold, particularly given explosive launch procedures, but the vehicle is entirely expendable, whereas Falcon Heavy will attempt recovery of all three of its first stages, and may eventually allow SpaceX to test technology that will enable second stage recovery, as well.
Falcon Heavy will launch a somewhat livelier version of Delta IV Heavy’s boilerplate mass-simulator with the Tesla Roadster, and the main goal is quite clearly to test the vehicle’s ability to send a payload into a trans-Martian injection (TMI) orbit, albeit likely without an actual injection into orbit around Mars at the other end. Even if the payload is somewhat silly, a successful launch to TMI would be the most literal step yet made by the commercial space company along its path to Mars. If this week’s propellant loading and static fire go as planned, launch will likely follow within a week or so – maybe two weeks given the new and unpredictable nature of testing what is more or less a prototype rocket.
Falcon Heavy goes vertical pic.twitter.com/uG1k0WISv1
— Elon Musk (@elonmusk) January 5, 2018
Falcon Heavy can be expected to go vertical at the pad within the next 12-24 hours at most, and static fire will follow soon after. After a highly successful evening photographing the January 7 launch of Falcon 9 with Zuma, Teslarati’s launch photographer Tom Cross will be attempting to photograph the momentous test fire as it happens, and you can follow along live on Teslarati’s Instagram.
Investor's Corner
SpaceX reports its first earnings today: here’s what to expect
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
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.


