News
SpaceX to test last old-gen Falcon 9’s orbital upper stage lifespan tonight
SpaceX Falcon 9 B1045 is just hours away from completing its second and final mission, a launch that will also signify a swan-song for the reusable rocket company’s Block 4 and older boosters. Not one to let an opportunity go to waste, Elon Musk’s space company intends to do a long coast demonstration of the orbital upper stage once the reused Cargo Dragon spacecraft separates.
Jessica Jensen, SpaceX’s Director of Dragon Mission Management, spoke among a panel of CRS-15 stakeholders on the morning of June 28 and spoke evident pride and confidence in the company’s progress up to this point, with respect to both the mission at hand and SpaceX’s achievements more generally. CRS-15, the third flight-proven Dragon and Falcon 9 launch, is a fitting mission for SpaceX to bring to a close their H1 launch manifest (the 12th of 2018), mainly due to the impressive fact that more than two-thirds of the boosters launched this year have been flight-proven.

Falcon 9 B1045 before its first launch, carrying NASA’s TESS exoplanet observatory, in April 2018. (Tom Cross)
As Jensen rightfully noted, SpaceX completed its first-ever reuse of a recovered Falcon 9 booster scarcely 15 months ago in March 2017, a period in which SpaceX has since completed 26 missions, recovered 16 Falcon 9 and Heavy boosters, and successfully launched 12 flight-proven rocket boosters. At the current rate of launch, SpaceX is likely to smash its previous annual cadence record – 18 in 2017 – with anywhere from 24 to 28 launches this year, with CRS-15 marking a dozen missions in the first half of the year, if successful. As such, simply the launch frequency in the first six months would bring SpaceX to 24 completed missions this year. A slight uptick, perhaps as a result of the rapid reusability of new Block 5 boosters, might allow SpaceX to squeeze in several additional missions.
Critically, Jensen also noted that B1045’s final launch will be significant for a reason other than the fact that it nearly halved the previous record for Falcon 9 booster refurbishment, an accomplishment she ceded to the skill and growing experience of SpaceX’s rocket refurbishment teams of engineers and technicians. Aside from that growing expertise, she stated that
“[CRS-15] will also be the final Block 4 configuration of a Falcon 9 booster that SpaceX flies, so all the boosters from here on out will be the Block 5 version.”
Barring unforeseen design flaws, Falcon 9 Block 5 has the potential to be a game-changer, perhaps allowing SpaceX to finally realize a long-term goal of dramatically lowering the cost of access to orbit with new reliable, reusable rockets. Reported by NASASpaceflight.com to be flying aboard a Block 4 booster, something also confirmed to Teslarati through a separate source, it’s not 100% clear if Jensen’s blanket statement included the upcoming in-flight Crew Dragon abort test, scheduled sometime after the upgraded Dragon’s first launch in late 2018. Regardless, she is fully correct in the sense that all future commercial SpaceX launches after CRS-15 will quite definitively fly aboard Falcon 9 and Heavy Block 5 rockets.
- The first Block 5 Falcon 9 lifts off on May 4, 2018. (Tom Cross)
- After CRS-15, all orbital launches will be use Block 5 boosters and upper stages. The upgraded rocket’s next launch is NET July 20. (Tom Cross)
Flight-proven Cargo Dragons a new norm for SpaceX
Meanwhile, the specifics of CRS-15 mirror SpaceX’s two most recent International Space Station resupply missions, both of which simultaneously flew flight-proven orbital Cargo Dragon spacecraft and flight-proven Falcon 9 boosters, leaving just the second stage and Cargo Dragon trunk to be expended. As a taste of the future SpaceX fully intends to realize, the spectacle of these CRS missions is not only undeniable but demonstrates a newfound confidence in commercial reusable rockets growing within NASA, an agency that SpaceX would quite simply not be here today without.
https://twitter.com/_TomCross_/status/1012490324646748163
After CRS-15, SpaceX has another five flight-proven Cargo Dragon missions left on their CRS-1 contract, after which the updated CRS-2 contract will take over, replacing the old Cargo Dragon with an upgraded cargo version of SpaceX Crew Dragon, also known as Dragon 2. CRS-2 launches are currently scheduled to begin sometime in 2020.
Finally, reminiscent of Falcon Heavy’s spectacular debut launch, Falcon 9’s upper stage “will be doing a long coast demonstration [after Cargo Dragon separates from the rocket]”. Jensen was unable to go into more detail here, but it can be safely presumed that the S2 coast test is either related testing for upper stage reusability or is being used as an opportunity to further demonstrate on-orbit coast capabilities to the US Air Force and/or NASA, a feature that is necessary for certain national security and interplanetary missions.
- An overview of Crew Dragon’s main features, all of which can be seen in the real-life photos. The Cargo Dragon version will likely remove seats and windows. (SpaceX)
- The DM-1 Crew Dragon testing inside SpaceX’s anechoic chamber, May 2018. (SpaceX)
- SpaceX’s Demo Mission-1 Crew Dragon seen preparing for vacuum tests at a NASA-run facility, June 2018. (SpaceX)
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News
Tesla CEO Elon Musk says flying cars are coming
Tesla CEO Elon Musk said that flying cars will be coming to the market, something that his own company has hinted at previously.
Musk said on X, in response to a post that read, “We were promised flying cars and all we got is infinite superintelligence for everyone,” “You will get flying cars.”
You will get flying cars
— Elon Musk (@elonmusk) August 12, 2026
The post rang back to when Musk teased flying and hovering capabilities for the Tesla Roadster, the company’s supercar that has been delayed more times than anyone cares to count. It was set for an unveiling earlier this year, but it was then pushed back to August. There is still no sign of it coming.
However, that does not mean it won’t. But one of the biggest features of the Roadster that was teased was a SpaceX package that featured cold gas thrusters on the rear end that would help with white-knuckle acceleration. Another set would face the ground and would help the Roadster gain small bits of altitude, potentially helpful to jump over obstacles.
Elon Musk hints at Tesla Roadster’s “hovering” abilities in SpaceX package
But it is not a straightforward thing for Musk. As a serial entrepreneur, he tends to spend his time on major disruptors; currently, his largest projects are artificial intelligence and compute power, as well as SpaceX’s launches that will eventually make life multiplanetary.
In the past, he has been critical of flying cars and has been in favor of tunnels, one of the big reasons he started the Boring Company. In 2017 at a TED talk, he said:
“There is a challenge with flying cars in that they’ll be quite noisy. The wind force generated will be very high. Let’s just say that if something’s flying over your head, if there are a whole bunch of flying cars all over the place, that is not an anxiety-reducing situation…You’re thinking, ‘Did they service their hubcap? Or is it going to come off and guillotine me as they’re flying past?’”
However, he’s never been against them. He has also said he’s in favor of both tunnels and flying cars.
Contrary to press reports, I’m not against flying cars. Just said it was important to consider both pros and cons.
— Elon Musk (@elonmusk) March 24, 2015
Most recently, Musk said that anyone who wants a flying car should be able to get one. This was stated last October on the Joe Rogan Experience:
“My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars… I think if Peter wants a flying car, we should be able to buy one.”
Whether the Roadster will be Tesla’s flying car or potentially another one remains in the mind of Musk. Of course, the Roadster will have to make its way to production lines before we find out.
Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
Investor's Corner
Tesla has one big financial question to answer for investors: Morgan Stanley
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.






