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SpaceX’s first operational NASA astronaut mission (almost) ready for launch
SpaceX and NASA have completed the last major review standing between Crew Dragon and Falcon 9 and the duo’s operational astronaut launch debut, meaning that a routine static fire test is all that really remains.
On Thursday, November 5, the SpaceX Crew Dragon capsule – named “Resilience” – of the first operational SpaceX mission to and from the International Space Station (ISS) as a part of NASA’s Commercial Crew Program (CCP) arrived at the Launch Complex 39A hangar at the Kennedy Space Center.
SpaceX is one of two commercial partners that NASA works with to develop a reliable system of crew transportation to and from the International Space Station. Since the retirement of NASA’s space shuttle program, the United States has been reliant on Russia and its Soyuz program to fulfill the task of maintaining an American presence aboard the ISS. With SpaceX’s first operational CCP mission – dubbed Crew-1 – a new era of commercialized crewed spaceflight will be ushered in.
On November 10th, SpaceX and NASA officials convened for a press conference following the successful completion of the Crew-1 flight readiness review (FRR) – the last major review standing between the assembled hardware and liftoff. SpaceX senior director of Human Spaceflight Programs Benji Reed listed off an array of historic milestones crossed as part of the FRR, noting that the review’s completion means that NASA has officially certified SpaceX for operational astronaut launches, making it the first and only private company in the world capable of safely launching humans.
Additionally, Reed revealed that Crew-1 and Cargo Dragon 2’s imminent December 2nd launch debut will together ring in a potentially unprecedented era in commercial spaceflight. Crew-1 – barring surprises in orbit – will further mark the longest continuous American spaceflight ever, beating a record set by a Skylab mission in the early 1970s if Crew Dragon remains in orbit for the full planned 180-210 days.
“Over the next 15 months, we will fly seven Crew and Cargo Dragon missions for NASA. That means that starting with Crew-1, there will be a continuous presence of SpaceX Dragons on orbit. Starting with the cargo mission CRS-21, every time we launch a Dragon, there will be two Dragons in space – simultaneously – for extended periods of time. Truly, we are returning the United States’ capability for full launch services and we are very, very honored to be a part of that.”
Benji Reed, SpaceX – November 10th, 2020
On a more technical level, Reed noted that SpaceX has decided to replace a component of Falcon 9’s upper stage ‘purge system’ and will bring the whole rocket horizontal later today (November 10th). That swap will delay Falcon 9’s Crew-1 static fire from ~8pm today to ~8pm on Wednesday, November 11th. The Crew-1 mission remains on track to launch no earlier than (NET) 7:49 pm EDT, Saturday, November 14th.
The Crew’s All Here
Three days later, after departing Johnson Space Center via a chartered flight from Ellington Field on Sunday, November 8, the four crew members of the Crew-1 mission arrived in Florida by plane at Kennedy Space Center’s former space shuttle landing facility.
Upon arrival, the crew members – NASA astronauts Victor Glover, Mike Hopkins, Shannon Walker, and Soichi Noguchi of the Japanese Aerospace Exploration Agency – were greeted by NASA Administrator Jim Bridenstine, Agency Deputy Administrator Jim Morhard, Kennedy Space Center Director Bob Cabana, and manager of JAXA’s ISS program, Junichi Sakai.
“Today we are taking another big leap in this transformation in how we do human spaceflight. What we’re talking about here is the commercialization of space. NASA is one customer of many customers in a very robust commercial marketplace in low-Earth orbit,” NASA Administrator Jim Bridenstine said.
Final Milestones Ahead of Flight
After arriving at their launch site in Florida, the four-member crew made the short journey to the LC-39A horizontal integration facility acquainting themselves with their “Resilience” Dragon capsule and the SpaceX Falcon 9 booster that will soon propel them to space. The Dragon capsule had been oriented horizontally and mated with the Falcon 9 first and second stages.
Initially targeting liftoff on October 31, the Crew-1 mission experienced a delay after the SpaceX GPSIII-SV04 B1062 Falcon 9 vehicle suffered an early start anomaly initiating an autonomous pad abort at T-2 seconds.
As the GPS B1062 and Crew-1 B1061 Falcon 9 vehicles were likely built simultaneously, SpaceX and NASA decided to take time to inspect all engines, as well as those of the upcoming NASA, European Space Agency Michael Freilich Sentinel-6 booster, B1063. After replacing a number of engines, both missions are on track to launch before the end of the month.
On Monday, November 9, SpaceX and NASA managers began the tedious process of completing a flight readiness review. The meeting that extends an entire day, or two, involves managers from SpaceX, NASA’s Commercial Crew Program, and the International Space Station program collaborating in discussion to conduct a joint pre-flight examination of all previous specialized reviews – such as ones done specifically for the Dragon capsule or the Falcon 9 booster. The meeting also serves as an opportunity for every department to discuss and close out any remaining concerns. The meeting began at 9 am on Monday, November 9, and concluded on Tuesday, November 10.
The B1061 Falcon 9 booster and Crew Dragon “Resilience” capsule were transported the short distance from the hangar to the launchpad ahead of the test firing of the nine Merlin 1D engines – a final test to certify all flight-critical hardware ahead of the launch attempt. Clearing the final hurdle before flight, SpaceX officially acknowledged that the Crew-1 mission is targeting liftoff at 7:49pm EST (0049 UTC on Nov. 15) on Saturday, November 14 from LC-39A at the Kennedy Space Center.
Following liftoff, the Dragon capsule “Resilience” will separate from the Falcon 9 first stage and continue to propel its crew on an uphill journey to rendevous with the ISS approximately seven and a half hours later.
Live hosted NASA and SpaceX coverage of the events will begin approximately three and half hours prior to liftoff at 3:30 pm EST and will be available on NASA TV and the SpaceX website.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
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’
