News
SpaceX’s astronaut launch debut Crew Dragon capsule shown off in first public photos
As part of a last-second media event at SpaceX’s Hawthorne, CA rocket factory and headquarters, members of the media were allowed to take the first public photos of the Crew Dragon spacecraft expected to support the company’s astronaut launch debut.
According to NASA administrator Jim Bridenstine and SpaceX CEO Elon Musk, that inaugural Crew Dragon astronaut launch (known as Demo-2) could come as early as the first quarter of 2020. A great amount of work remains before NASA is likely to give SpaceX permission to launch, but both leaders were fairly confident that Crew Dragon’s first crewed launch is likely to come sooner than later.
Photographer Pauline Acalin attended the SpaceX event for Teslarati and was able to take a number of excellent photos of the company’s Crew Dragon cleanroom, in which workers swarmed around the spacecraft that will soon carry NASA astronauts to the International Space Station (ISS). Despite the large media event going on just a few feet away, several dozen SpaceX Dragon technicians ignored the hubbub and kept working, a quiet sign of their dedication and urgency.


Striking an impressive contrast with similar photos taken roughly 14 months prior, far more hardware was present in SpaceX’s Dragon’s Lair. In August 2018, SpaceX held a similar media event in which COO/President Gwynne Shotwell and NASA astronauts spoke about Crew Dragon and their progress towards launch. Coincidentally, the capsule in the background of that event (C203) shipped to Florida perhaps just a week before today’s October 10th gathering and will support Dragon’s In-Flight Abort test instead of Demo-2.
Beyond the capsule itself, not a lot else was visible and activity was fairly subdued in the cleanroom. During the October 2019 event, dozens of workers swarmed around the spacecraft and a number of crucial components, all appearing to be nearly finished. To the left of Crew Dragon capsule C204, assigned to Demo-2, the spacecraft’s expendable trunk section (a glossy black thanks to its curved solar array) and silvery heat shield were clearly in similar states of assembly. Combined, they account for the vast majority of the hardware needed to support SpaceX’s first astronaut launch.


According to comments made on September 28th, CEO Elon Musk believes that the Crew Dragon hardware above could be ready to ship to Florida to begin pre-launch preparations as early as November 2019. SpaceX has already successfully static fired the Falcon 9 Block 5 booster – B1058 – that will support Crew Dragon’s astronaut launch debut and both the booster and upper stage will likely arrive in Florida even before their Crew Dragon payload.
Meanwhile, SpaceX is perhaps just two months (give or take) away from Crew Dragon’s crucial In-Flight Abort (IFA) test. The dramatic high-altitude, high-velocity test will likely destroy the Falcon 9 booster and upper stage assigned to support it while hopefully demonstrating that Dragon can whisk its astronauts away from danger at any point during launch. All Dragon and Falcon hardware for the IFA test arrived at SpaceX’s Florida launch and processing facilities just days ago.
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Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.