News
SpaceX’s first government Falcon Heavy launch aiming for “early 2019” per USAF
Linked to the rocket and mission through its own LightSail 2 solar sail satellite, The Planetary Society reports that the USAF and SpaceX are now targeting Falcon Heavy’s first launch for a government customer in “early 2019”.
Previously expected to launch around November 30th, just a month from today, it’s clear that SpaceX’s second Falcon Heavy rocket has yet to approach flight readiness, likely marginalized by a more pressing focus on near-term Falcon 9 missions and Crew Dragon’s imminent flight debuts.
LightSail 2 launch pushed to early 2019
An Air Force official says an ‘initial launch capability’ is being reassessed: https://t.co/QYA6NFPP1I pic.twitter.com/RJclLvcbSs
— Planetary Society (@exploreplanets) October 29, 2018
According to Planetary Society, a USAF official provided an update – per the group’s involvement in its STP-2 rideshare launch – stating that its “initial launch capability” was being reassessed, essentially a roundabout way of saying “A new launch date is being determined”. Reasons for the multitude of delays since Falcon Heavy’s successful February 2018 debut are few and far between, with the most likely explanation being some combination of issues with one or several of the ~25 satellites manifested and SpaceX’s ability to build a new Falcon Heavy rocket in time.
However, it’s decidedly ambiguous as to which one of those explanations truly takes precedence, given that SpaceX apparently told the USAF and its customers that it was ready to launch the mission between June and August.
“Officials working on the mission said SpaceX has provided the Air Force and other customers a 60-day window for launch opening on June 13. The Air Force spokesperson confirmed it will be the second Falcon Heavy mission.” – Stephen Clark, SpaceflightNow
Assuming SpaceX’s launch readiness announcement was accurate, the USAF and its customers must have run into some extreme issues while organizing all STP-2 payloads and integrating those satellites onto a custom-built adapter, a task that companies like Spaceflight Industries have shown to often be the long pole of rideshare launches. It’s also possible that SpaceX executives and managers underestimated or undersold the challenge of moving from a Falcon Heavy built solely on old Falcon 9 Block 2 and 3 boosters to an all-Block 5 version of the rocket, featuring a large number of highly-consequential changes like uprated engines and an entirely new approach to assembling each booster’s octaweb.
- Spaceflight’s SSO-A rideshare mission is quite similar to STP-2, albeit with more satellites on the smaller side. (Spaceflight)
- One group of STP-2 passengers, known as DSX, has been awaiting launch for more than eight years. (USAF)
- SpaceX’s second Falcon Heavy launch will either be the USAF’s STP-2, a collection of smaller satellites, or Arabsat 6A, a large communications satellite. (USAF)
Lastly, depending on the nature of the launch contract between them, it’s possible that SpaceX had been planning on reflying Falcon 9 Block 5 boosters as its next Falcon Heavy’s side boosters, a move that would dramatically shorten the lead time required for a new Falcon Heavy to be produced. If the USAF expects or has unconditionally demanded all-new hardware for the launch of STP-2, SpaceX would need at least two (if not three) times the production resources to build and test Falcon Heavy #2, all while paralyzing those resources until well after the rocket’s first flight.
Building three separate Falcon 9/Heavy boosters, acceptance-testing them in Texas, and delivering them to Florida – all under uniquely strict USAF standards – would likely take SpaceX a bare minimum of four months from start to finish. In the guaranteed event that SpaceX had to simultaneously continue regular production, test operations, and preparations for Crew Dragon launches, an all-new Falcon Heavy would likely take more than 6-8 months to make flight-ready while still allowing SpaceX to avoid severe launch delays for its many other customers.
- The communications satellite Arabsat-6A. (Lockheed Martin)
- Falcon Heavy’s side boosters seconds away from near-simultaneous landings at Landing Zones 1 and 2. (SpaceX)
To add additional confusion to the mix, multiple reliable sources have confirmed that STP-2’s actual launch target is closer to March 2019, quite a stretch for “early 2019”. At the same time, Falcon Heavy customer Arabsat has reported that its Arabsat 6A satellite is expected to launch as early as January 2019. Ultimately, clarity can only come from the USAF, Arabsat, or SpaceX itself – for now, we wait.
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
Elon Musk
Elon Musk will give ‘every kid in America’ a SpaceX share in 2027
Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”
SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.
It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.
Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.
Just a little bit later, Musk said children across the U.S. would be getting a share from him:
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
— Elon Musk (@elonmusk) October 19, 2026
There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.
Elon Musk
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.




