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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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.






