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SpaceX launches first Starlink mission of 2023 after eight delays
A Falcon 9 rocket has successfully launched SpaceX’s Starlink 2-4 mission after seven delays pushed it from November 2022 to January 2023.
Starlink 2-4 was originally scheduled to launch as early as November 18th, 2022, but was delayed shortly after its Falcon 9 rocket conducted a static fire test. The delay was indefinite, and that specific rocket ultimately launched a different commercial payload in late December. The internet satellite launch was finally rescheduled for January 9th, 2023, kicking off a string of additional delays. Weather delayed the January 9th attempt. Issues with Falcon 9’s second stage delayed the January 10th attempt. Additional “pre-launch checkouts” delayed the launch from January 11th to the 14th, which was then pushed to January 15th for “constellation optimization.“
Poor weather delayed Starlink 2-4 from January 15th to January 18th, and SpaceX eventually delayed the mission to January 19th without explanation. On January 19th, SpaceX even delayed Starlink 2-4 an eighth time, from 7:23 am PST to 7:43 am PST. But at long last, Starlink 2-4 did, in fact, lift off at 7:43 am PST, ending the longest streak of delays experienced by SpaceX in several years.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
In a rare twist, the first delay caused SpaceX to shuffle booster assignments, and Starlink 2-4 wound up with B1075. B1075 had never flown before, making Starlink 2-4 the second Starlink mission that has debuted a new Falcon booster. Ordinarily, SpaceX has always reserved new boosters – of which only a handful are built annually – for its more conservative customers. The US military in particular was slow to warm up to the idea of flying operational “national security” payloads on reused Falcon boosters, and often required (and paid for) new boosters whenever possible.
But even that wall mostly crumbled in 2022. SpaceX debuting another new Falcon 9 booster on its own low-priority Starlink mission is perhaps the best evidence of that. NASA and the US military have simply come to trust SpaceX’s flight-proven Falcon boosters, and no longer feel the need to reserve every new Falcon 9.
Falcon 9 booster B1075 ultimately aced its orbital-class launch debut and touched down on drone ship Of Course I Still Love You (OCISLY) about nine minutes after liftoff. Assuming the seas are calm enough for B1075 to survive the return to Port of Long Beach, it likely has a long life of 15+ launches ahead of it. The Falcon upper stage launched by B1075 eventually reached low Earth orbit (LEO) and deployed another 51 Starlink V1.5 satellites about 30 minutes after liftoff. Starlink 2-4 should leave SpaceX with almost 3400 working Starlink satellites in orbit.
OCISLY gets an upgrade
B1075’s landing also revealed upgrades SpaceX has made to drone ship OCISLY since it was last used in October 2022. Harry Stranger first discovered the changes with satellite imagery, which revealed that SpaceX was upgrading OCISLY’s rectangular with angular ‘wings’. The wings appear to be identical to those installed on SpaceX’s newest drone ship, A Shortfall of Gravitas. ASOG debuted in mid-2021 with a number of upgrades not present on SpaceX’s two other drone ships. Most were intended to improve the ship’s resiliency, availability, and autonomy.
According to photographer Jerry Pike, the angular wings on ASOG (and now OCISLY) could make the drone ship much easier to tow. Reducing drag could also increase the effectiveness of their existing propulsion systems, potentially allowing them to maintain their position in harsher sea conditions and stronger currents than before. SpaceX CEO Elon Musk has previously stated that the ultimate goal is a fully-autonomous drone ship capable of heading to sea, recovering Falcon boosters, and returning to port without human intervention.
There is no evidence that SpaceX is any closer to that goal since ASOG’s debut 16 months ago. Nonetheless, OCISLY’s upgrades should improve the drone ship’s usability as SpaceX attempts to launch (and land) up to 100 rockets in 2023.
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’
