News
SpaceX Falcon Heavy testing delayed after government shutdown
As the U.S. Senate’s majority party searches for ten additional votes in order to end a federal government shutdown that began late Saturday, all “non-essential” activities at the country’s numerous government-operated space launch facilities have ground to an immediate halt and will remain in limbo until a funding bill compromise is hammered out.
While SpaceX is a wholly private space launch company, it relies almost unilaterally upon launch support and range expertise provided by NASA and the US Air Force, both in Cape Canaveral, FL and Vandenberg, CA. Sadly, the Air Force personnel SpaceX depend upon to conduct launches, static fires, and other ignition tests at its launch pads are not considered “essential” under regulations that prevent the federal government from coming to a complete halt in the event of a funding-related shutdown.
Unfortunately, a budget agreement wasn't reached, resulting in a gov't shutdown. This will unfortunately disrupt the lives and operations here at Patrick AFB. Go to https://t.co/yvmNBH1LMy for info on the current shutdown, impact on base resources, & financial resource options.
— Space Launch Delta 45 (@SLDelta45) January 20, 2018
SpaceX did appear to complete the most thorough round of Falcon Heavy testing yet late Saturday evening, the US Senate’s failure to either pass a continuing resolution or a new funding bill for the fiscal year led to a complete federal government shutdown soon after. As a result, nearly all of the US Air Force’s 45th Space Wing – a crucial backbone of East coast range and launch operations – was furloughed indefinitely, pending new funding from Congress. SpaceX had previously requested a new static fire date for Falcon Heavy on Monday, January 22 (today), a date that is now clearly going to move right for at least as long as the government lacks funding for basic launch operations.
Thankfully, activities like the extensive propellant loading tests that occurred on Saturday night do not technically require range support, so long as no engine ignition or static fire components are included. In the event of a catastrophic failure, the government-run range would be tasked with ensuring the safety of those in the vicinity and coordinating the emergency response that would immediately follow. This policy is brought somewhat into question by the failure of Amos-6 – although that Falcon 9 was being prepared for a static fire test, its highly-destructive failure is understood to have occurred at least five or more minutes before the planned point of ignition. Nevertheless, SpaceX will be able to continue some level of testing with Falcon Heavy, if needed.
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Elsewhere, instability
While SpaceX’s Falcon Heavy has undoubtedly garnered magnitudes more eyeballs than the company’s Falcon 9 activities, the government shutdown could be far more consequential for SpaceX’s customers if it cannot be halted within a handful of days. A federal shutdown lasting several days is a hugely disruptive and damaging event on its own, lack of range support on the East coast could quickly begin to eat into SpaceX’s GovSat-1 preparations, the launch of which is targeting NET late January/January 30. For GovSat-1’s flight-proven booster, a static fire at the launch site is unlikely to be bypassed (SpaceX has never skipped a prelaunch static fire), and would typically occur no fewer than four or five days before launch. As a result, in the somewhat unlikely event that the shutdown stretches beyond the next several days, SpaceX customers SES and GovSat could see their launch delayed, an event that would likely bring financial consequences to the public-private satellite venture.
Looking slightly farther into the future, SpaceX’s flight-proven launch of PAZ and two of its own prototype communications satellites is just about two weeks away from its own static fire test, this time at the West Coast’s Vandenberg Air Force Base. Such an extended shutdown would be utterly unprecedented, but if 2017 and 2018 have done anything at all, they’ve tempered tendencies towards knee-jerk claims of “that’ll never happen!”
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- A panorama of LC-39A in November 2017. (Tom Cross/Teslarati)
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- SpaceX’s Vandenberg launch complex, SLC-4E, depends upon an Air Force range to operate. (SpaceX)
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- LC-40, located in Cape Canaveral Air Force Station, is SpaceX’s second pad. (Tom Cross)
Here’s to hoping that Congress can get their act together and return to those they represent the bare minimum of federal stability, for both federal employees and those that depend upon them.
Update: After a solid two days of shutdown, the Senate has apparently reached an agreement to pass a continuing resolution that will maintain funding for another three weeks, after which a new FY2018 budget must be passed to avoid another shutdown. While this thankfully means that the impact to the Space Coast and the Air Force’s 45th Space Wing should be relatively small, I have left my above thoughts on the potential impacts of a longer shutdown untouched for posterity.
Senate has voted on an amended bill to fund U.S. government for 3 weeks. Bill now heads back to the House for debate & vote. If it passes the House without changes, the President then needs to sign it into law. Once all those things happen, the government reopens. Then… 1/2
— Chris G (@ChrisG_SpX) January 22, 2018
Follow along live as launch photographer Tom Cross and I cover these exciting proceedings as close to live as possible.
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Tom Cross – Instagram
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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
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It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
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News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
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The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
