News
SpaceX on track to launch four rockets next month despite Falcon Heavy delays
Despite the intense focus on SpaceX’s first Falcon Heavy launch attempt and the testing preceding it, SpaceX is still a functioning business, and that business lies in launching payloads into Earth orbit. While it appears that January is unlikely to see any additional SpaceX launches, particularly Falcon Heavy, the launch company’s February manifest appears to be rapidly firming up.
Perhaps most significantly, two geostationary communications satellites completed their long journeys to Cape Canaveral, Florida within the last week or so, and a third payload on the West Coast is presumed to be at Vandenberg Air Force Base, all preparing for February launches. Meanwhile, although it is unclear how close Falcon Heavy is to launching, a date in mid to late February appears realistic at this point. As such, SpaceX has at least three and maybe four missions concretely planned for February – concrete in the sense that three of them were given specific launch dates within the last week.
Falcon Heavy is now targeting Friday, January 19 for its first static fire test. (Tom Cross/Teslarati)
A return to stride
Following a halcyon year of 18 launches, SpaceX appears to be ready to tackle its manifest headfirst after a relatively relaxed start to 2018. January saw a single SpaceX launch, Zuma, as well as the ongoing series of tests of the first completed Falcon Heavy launch vehicle, although the big rocket’s launch date has likely already slipped into February at the earliest. Still, SpaceX’s Falcon 9 workhorse rocket is rearing for additional launches, and options abound.
GovSat-1 (SES-16) – NET late January 2018
First on the docket is the launch of GovSat-1/SES-16, a public-private partnership between Luxembourg’s government and the renowned Lux.-based satellite manufacturer and operator, SES. Similar to Hispasat, GovSat-1 is a geostationary communications satellite weighing around 4000 kg that will be placed in a geostationary transfer orbit by Falcon 9. If it flies before Falcon Heavy, something I’d place at around 99% likely, the launch of PAZ will mark SpaceX’s first reused flight of 2018, with many, many more to come. This particular launch will use Core 1032 from the secretive NROL-76 mission back in May 2017. 1032 is an older booster, and thus a recovery attempt is unlikely – Block 3 Falcon 9s were never designed to be reused more than once or twice, especially not after toasty high-energy recoveries necessitated by geostationary launches.
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- After launching NROL-76 in May 2017, B1032 returned to Landing Zone-1 for a successful landing. (SpaceX)
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- SES and GovSats’ first partnered satellite, GovSat-1/SES-16. (SES)
PAZ – Starlink prototype co-passengers – NET February 10 2018, 6:52am PST
Up next, PAZ is a commercial imaging satellite designed to return high-resolution photos of Earth from a relatively low polar orbit of approximately 500 km. It’s believed that this mission will be launched aboard a flight-proven Falcon 9 booster, Core 1038, previously tasked with the launch of the small Formosat-5 imaging satellite in August 2017. The mission will be the second 2018 launch of a flight proven booster for SpaceX, following on the heels of GovSat-1. Perhaps more important than reuse (but secondary to the customer’s payload insertion), however, is the probable presence of two of SpaceX’s first prototype broadband satellites, a constellation now known to be called Starlink.
This will be a major achievement for SpaceX’s satellite constellation efforts, as the several hundred employees SpaceX has stationed in Washington State and outside of Hawthorne, CA will finally be able to operationally test the fruit of many months of hard but silent work. Given the presence of two satellites, it’s assumed that these test satellites, Microsat 2A and 2B, have been designed to test all of the main components SpaceX has been developing, particularly the optical (LASER) on orbit communications system. By allowing each satellite to communicate at incredibly high bandwidths with each other, SpaceX’s ultimate goal is to create a mesh network of connectivity covering the entire Earth.
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As such, fingers crossed that SpaceX begins to discuss Starlink in more detail as 2018 progresses and PAZ and its Microsat co-passengers reach orbit in February. Sadly, although the combined payload is small and the planned orbit low, the twice-flight-proven booster may meet its ultimate fate in the Pacific Ocean – a recovery attempt is no longer guaranteed for older, reused Falcon 9s. However, while not officially confirmed, this launch could see the debut of SpaceX’s Western landing pad, currently known as SLC-4 West (SLC-4W). Rather than attempting recovery aboard the drone ship Just Read The Instructions, Falcon 9 1038 would instead flip around and return to a landing area less than a kilometer away from its VAFB launch pad. Expect official confirmation as the launch date approaches.
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- The Spanish company Hisdesat’s PAZ imaging satellite. (Hisdesat)
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- Falcon 9 1038 aboard Just Read The Instructions after the launch of Formosat-5. (SpaceX)
Hispasat 30W-6 (1F) – No Earlier Than (NET) mid-February 2018
Finally, Hispasat is a relatively hefty 6000 kg commercial communications satellite slated for launch aboard what is believed to be a new Falcon 9 rocket. With SpaceX aiming to place the satellite into a geostationary transfer orbit, this will almost certainly preclude any attempts at recovering the first stage – the booster will need to expend most of its fuel to accomplish the job, leaving no reserve to conduct landing burns at sea. Hispasat’s Falcon 9 will thus likely be the first new booster to be expended intentionally by SpaceX in 2018.
Spain's @Hispasat: 30W-6 telecom sat arrives at Cape Canaveral from builder @sslmda to prepare for Feb launch on @SpaceX Falcon 9. Sat carries Ku-, C- & Ka-band payload for Americas/trans-Atlantic. pic.twitter.com/Zfhi1cE5vx
— Peter B. de Selding (@pbdes) January 16, 2018
Another busy year?
If February is to be representative of SpaceX’s 2018 launch cadence, the year is going to be a crazy one for the rocket company. As of IAC 2017, Elon Musk showed an estimated 30 launches as the company’s goal this year, compared to 20 in 2017 (SpaceX was only two launches short of that). While Falcon Heavy may be understandably stealing the buzz and then some from those interested in spaceflight and technology, it is an absolute necessity that SpaceX remains a viable and reliable launch company if they hope to pursue more aspirational technologies like Falcon Heavy, BFR, and more. Here’s to hoping that SpaceX manages to make 2018 equally or even more successful than 2017.
Follow along live as launch photographer Tom Cross and I cover these exciting proceedings as close to live as possible.
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Teslarati – Instagram – Twitter
Tom Cross – Instagram
Eric Ralph – Twitter
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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Inside Tesla’s secretive $10 Billion “Project Crystal Sun” filing
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
